Prospex Energy Share Discussion Threads

[gasman2001] 18/1/2024 09:46

All looking rather bleak over here. TTF is very bearish with continued downtrend. PXEN share price in a downtrend. PVE share price in a downtrend. No signs of reversal. I doubt the permits will renew interest in a stock which is so closely aligned to a commodity price that is in decline. Millions of new shares issued. CLN holders selling despite the narrative being pushed by Plant Power and James that they were in sticky hands. Apparently they've sold them now? Going to take something special to even get back to 7p. All IMO.

[bad gateway] 18/1/2024 07:27

Would need very decent flowrates I'd imagine?
PVO's quarterly is end of month but they're very lowcapped too having had no updates since 31/10 so see what they report.

[saint in exile] 17/1/2024 22:40

Are we even making money at that price?

[mindminer] 16/1/2024 16:34

Come on TTF

[mindminer] 16/1/2024 16:32

TTF not looking good. Below 30

[bad gateway] 16/1/2024 07:13

They already do. Part chief exec's wages are in cash part in shares. Likely why he doesn't need to buy in the market?

[saint in exile] 15/1/2024 23:26

It's not that good?

[mindminer] 14/1/2024 13:42

The business is so good the directors don't even want to buy it at supposedly rock bottom prices. Why is that?

[1 frank] 11/1/2024 18:39

A very high probability of major gains, from their portfolio, very well placed. Imo

[1 frank] 11/1/2024 18:36

Balance sheet strengthening all the time here. Optionality improving with it. Mark mulling over asset purchase in North west Europe. Very high risk to reward ratio.

[goforgold1] 11/1/2024 07:53

PO Valley share price not looking good either . O dear they gone very very quite PO .

[goforgold1] 08/1/2024 12:08

Wow another tip trying push this up no mention that they need funding lol . Don't you think they should mention that as well .

[burtond1] 08/1/2024 11:47

Are Prospex now an exciting prospect for 2024?"...Whatever course the market takes, PXEN seems better positioned than it has for some time, with a reliable income stream from two onshore assets, permit applications underway to drill five wells in Spain and three wells in Italy, and closure of its debt issues..."https://total-market-solutions.com/2024/01/prospex-energy-plc-4/

[bad gateway] 08/1/2024 01:48

You haven't missed a lot saint he's just reiterating in his own way what the co. has said in its recent update. ie no cheap raises and no unnecessary dilution for holders...

"The Company uses its skills and experience to evaluate deals and will only pursue those which are in the interests of our shareholders. The Board does not believe it is in shareholders' interests to finance deals on disadvantageous terms. In recent months, the state of the stock market has made it almost impossible, in the Board's opinion, to finance good deals on good terms."

in fact they're now looking at self funded purchases going forwards. Thought myself they needed cash for drilling commitments in Spain and Italy but suppose if they're not drilling til end of yr (Italy) and their debts are largely paid off they'll have to put their cash to work somewhere?

"The Company will continue to evaluate investment opportunities in the New Year. However, and in order to minimise diluting investors, Prospex is actively pursuing the self-funded acquisition of highly prospective open-acreage in proven onshore basins in Europe."

[saint in exile] 07/1/2024 22:07

Goforgreen I can't hear you??

[goforgold1] 07/1/2024 09:47

In fact you could buy 5.5p Friday so really the price is showing false price . Back down this week . Who is daft enough to buy this when the CEO got rejected for funding last year says it in RNS . Says will try again in New Year expect a fund raising very soon at 2p to 3p MAX . Needs to keep his massive wage Gojng 250k a year . Total disgrace LIFESTYLE COMPANY .

[goforgold1] 05/1/2024 18:44

Not really called this all the way to 4.5p it looks like Fraud Roast tipped it hence the move up had to be a tip to move this dog needs funding as well says so in RNS

[goforgold1] 05/1/2024 17:03

lol 2 million shares my be got funding told his mates to buy . Let's see just a massive spread

[newforestlad] 05/1/2024 16:48

Bad day for Goforgold... Lol

[firestarter1] 05/1/2024 15:05

Short lived sike

[bad gateway] 05/1/2024 15:04

Nice move today. gfg'll be chuffed.