Prospex Energy Share Discussion Threads

[goforgold1] 13/12/2023 06:05

This will not bounce back to 6p traders are buying expecting this to trade its range 5p to 6p or there bouts .

[goforgold1] 13/12/2023 06:03

Gas 2.2 and falling FUNDING COMING CLN will finish soon so no money coming in only the small amount from the PO Valley investment as they have nothing else 3p easy before Christmas . Total Scam this company has hedged on Gas prices being high and their not in fact there lower now than ever . No MONEY no drilling and 100% no permits . But Mark getting his 5k a month lol

[goforgold1] 12/12/2023 19:45

When i bought gas was 52 lol . I said i bought for a trade made good money in EEE now with a good profit as well .

[peterdonovan] 12/12/2023 18:17

Your laughable lol,buying 1 minute ,selling the next unbelievable jeff

[goforgold1] 12/12/2023 16:51

Chart saying long way to fall they will need money if gas keeps falling they will have no money to do any drilling total scam this share did say 3p easy

[paulscb] 12/12/2023 15:24

Down it goes. Europe gas is in freefall boys. See you at 3p.

[bad gateway] 12/12/2023 13:15

PXEN's partner Po Valley RNS'd their chairman picked up another 197,299 shares for consideration of $9,013.86 AUD last night so they must still be somewhat positive.
Lets hope Mark spends some of his £200k/yr on shares soon too.

[goforgold1] 12/12/2023 10:39

Don't worry Mark still getting his 250k a year will have to raise money soon to pay his wages . 2.3 gas and falling

[paulscb] 12/12/2023 09:08

Yes 3 looks certain now. Euro gas price is dropping like a stone.

[goforgold1] 11/12/2023 17:44

Gas falling of a cliff just like the share price . 3p coming

[bad gateway] 09/12/2023 15:02

From 27 to 54ish at the high back to 38 and consolidating.Very good level for pxen and peeps can still heat their homes so not unsustainable.

ALL 4.25p CLN's that were issued at a premium to the share price at the time paid off.

6.6M shares still to be issued from the 5.5p Loan Notes which were announced on the Monday and priced at "the closing price on Friday 2 September 2022."

Without these CLN's there would be no Italian play and you'd have nothing to attempt to pump and dump here.

Agree wages are too high until they deliver more growth. Don't mind whether its the Italian licences coming through early or another project bought with their currently building cashpile but would be good to have something to justify the £200K he's drawing in cash per year.

[goforgold1] 09/12/2023 12:29

From 52 to 38 not good and still falling . Still got plenty of CLN to sell into market . The CLN have kept this company afloat plus pay his massive wages. 250k a year scandal..Milking it while he can no permits no license lol ?. All his Interviews and nothing has happened for nearly a year NEW . What has happened was known months ago . FUNDING COMING show me the money to DRILL GOT FA .

[bad gateway] 08/12/2023 18:09

Not seeing anywhere near alltime lows on the ttf price gfg?
Still 38 euro's here..



which is fine for PXEN they wanted 30 euro's average when they were talking about getting permits through and being funded for drilling starting early next year.

[goforgold1] 08/12/2023 17:53

Are you sure . Gas prices all time law

[saint in exile] 08/12/2023 12:45

The only thing going up is our bank balance!

[goforgold1] 04/12/2023 16:08

Selling started told you this needs money now as gas is worth less now . Really really they will be in debt now . No permits

[goforgold1] 04/12/2023 12:55

Sold out 6.66p around

[texaschaser] 04/12/2023 12:08

And not so long ago you were pumping this shi*e as hard as you could ;-)

[goforgold1] 04/12/2023 07:44

Gas 2.6 again not looking good for PXEN . Could drop to 4p easy now as it's going to end up loss making at this rate . DEPENDS ON GAS PRICES AND THEIR BACK TO ALL TIME LOW NEARLY THATS EHY THE COMPANY IS SO QUITE .

[goforgold1] 01/12/2023 16:21

That's one ADVFN duplicated trade always doing it .

[newforestlad] 01/12/2023 14:11

2x nice large buys.

[saint in exile] 01/12/2023 11:54

Looks like right place right time

[bad gateway] 01/12/2023 07:34

Reobolds news this a.m. seems to read well for PXEN too.
Always good to have the regulations on your side, maybe they'll even get their next licence to drill earlier than they thought.




1 December 2023



Reabold Resources plc



("Reabold" or the "Company")



Italian Government Decree on Energy Sector



Reabold Resources plc, the oil & gas investing company with a diversified portfolio of exploration, appraisal and development projects, is pleased to note that the Italian Government has approved a decree to boost the country's renewable energy production and energy security at the meeting of the Council of Ministers held on 27 November 2023 (the "Decree").



The Decree provides incentives to build plants for energy production from renewable sources, such as the liquefaction of natural gas; the release of new licences for the exploitation of gas fields aimed at providing gas to industries with high gas consumption, at competitive prices; incentives for LNG terminals and incentives for carbon dioxide storage programmes. The Decree is already in force and Italy's Parliament has 60 days to ratify it into a definitive law.



Reabold holds an 18.4% in interest in LNEnergy Limited ("LNEnergy"), whose primary asset is an exclusive option over a 90% interest in the Colle Santo gas field. The Colle Santo gas field is a highly material gas resource with an estimated 65Bcf of 2P reserves[1], with two production wells already drilled and flow-tested, making the field development ready. LNEnergy believes that the field has the potential to generate an estimated €11-12m of gross post-tax free cash flow per annum.



The Company retains the right, at its sole discretion, to invest a further £1,650,000 in LNEnergy under the Second Option, as announced on 9 May 2023 and 12 September 2023, in share capital of LNEnergy which, if exercised, would result in the Company holding a 26.1% interest in the enlarged share capital of LNEnergy.



Reabold has published a competent person's report in relation to Colle Santo, which can be found on its website at the following hyperlink: www.reabold.com/investors/reports-presentations.



Stephen Williams, Co-CEO of Reabold, commented:



"The regulatory environment in Italy is looking increasingly promising. With the Colle Santo gas field, we have an asset that can help Italy improve its energy security and provide a much needed domestic energy supply to the country. We look forward to updating shareholders with our progress."

[goforgold1] 01/12/2023 06:50

Gas price down again . Not looking good but he is getting his 5k a week wage for sat on his hands . All they have is a 33% stake in PO . The rest is all JAM NEXT YEAR and that is even if they get the permits which looks like not going get till late next year if at all with all this climate change