Prospex Oil And Gas Share Discussion Threads

[goodbloke1] 19/8/2016 08:25

Thanks madstork

[goodbloke1] 19/8/2016 08:14

Anyone have link to idsx price?

[aimsharesone] 19/8/2016 06:50

Small cap Prospex Oil and Gas leapt, on a bullish note from Beaufort Securities.

[ccr1958] 18/8/2016 12:36

I been in a couple of months , never seen it so lively :)))

[i like trees] 18/8/2016 11:50

Lets play!

[ccr1958] 18/8/2016 11:32

The `players` are arriving :)

[toolsmoker] 18/8/2016 10:24

Mercom and kennedy on the move get in guys before news next week

[ileeman] 18/8/2016 10:13

About 130mil-140mil traded since the placing

lift off is coming.

[ileeman] 18/8/2016 09:58

Bought 1.5mil this morning, looking for more.

Break of 1.4p major resistance and 200MA will see a quick move to 2p+

3p target predrill

[ccr1958] 18/8/2016 09:46

Tool, I`ll take your word for it .. A couple of million buys this morn as well , should be nearer 2p in next week or so imo....

[toolsmoker] 18/8/2016 09:36

All the placing stock is done now

[ccr1958] 18/8/2016 09:24

Lively market this am , placees getting a nice price !!

[purple11] 18/8/2016 09:15

eager for it today gla

[toolsmoker] 18/8/2016 08:59

1.33 now .1.40 by tomorrow Take a look at mercom and kennedy both have news imminent could multibag from where they are all well funded now too

[stonefold] 17/8/2016 16:35

1.25p even worse ;-)

[ccr1958] 17/8/2016 16:30

stonefold ..I stand corrected.. they spend it tooo fast !! ps .. 1.25 paid for 1.5m

[stonefold] 17/8/2016 16:23

ccr1958,
"This lot have got a market cap. of less than the cash they hold "

IMO that is not correct.

Mcap today £3,429,430 ( = 285,785,836 x 1.2p )

Estimated net cash £1,939,008 as at 17-08-2016

Estimated net cash £789,664 to £-94,346 as at 30-12-2016

(all in £)

as at 31/12/2015
Trade and other receivables 155,909
Cash and cash equivalents 382,216


placing may 1,646,000

placing june 100,000

placing aug 775,000


total cash plus receivables at 17-08-2016 before deducting costs £3,059,125


Elephant  Oil -100,000
MOL -52,088
OMV -48,030

Hutton Poland -620,000

est wages 6m -150,000
est admin 6m -150,000

total est costs 01-01-2016 to 17-08-2016 £ -1,120,117

est net cash as at 17-08-2016 £1,939,008
====

est cost next 6m some parts of which may have already been paid to Hutton.

49% to 100% ?
drill -424,672 to -866,677

test -212,336 to -433,338

ext test -212,336 to -433,338


est wages 6m -150,000
est admin 6m -150,000

Est total costs from 18-08-2016 to 30-12-16. £ -1,149,343 to £ -2,033,354

Estimated net cash remaining as at 30-12-2016 £789,664 to £-94,346

===

[shafaq] 17/8/2016 13:34

There is my 795k showing now.Shown as delayed but think they may not have much left on the overhang.Let's wait and see.

[ccr1958] 17/8/2016 12:05

That's about right, I would say tool. This lot have got a market cap. of less than the cash they hold !! Hello !!

[toolsmoker] 17/8/2016 11:57

Beufort 3p price target .that will do for starters

[ccr1958] 17/8/2016 10:17

Placers taking 20% !! Me thinking 3 bags to start !!

[toolsmoker] 17/8/2016 09:38

Bid buy just gone through not be shown yet should be 1.25 bid soon

[ccr1958] 17/8/2016 09:20

I must say I was surprised this needed another placing so quick ,anyway this pre drilling must be expensive ? She's in play tho !!

[toolsmoker] 16/8/2016 15:27

1.40 this week guys