Prospex Oil And Gas Share Discussion Threads

[johncasey] 19/11/2019 12:10

bill..i know ive always been a compulsive gambler..was gambling on horses when i was 13

[ccr1958] 19/11/2019 10:02

Put it this way if this goes back to 3p I can knock it on the head. ;))))

[billthebank] 19/11/2019 09:58

Wish I hadn't bought these but have averaged down by taking another wee tranche.Hopefully not a dead cat bounce!!!

[the stinger] 19/11/2019 09:48

Yep, no stock around.

[peapod1] 19/11/2019 09:47

Some of those .011's are buys, not sells!!!

[the stinger] 19/11/2019 09:45

Think there pulling out weak holders before the push teewink. MC peanuts here.

[ccr1958] 19/11/2019 09:44

We hear u lee , yes selling as well.

[billthebank] 19/11/2019 09:39

Bloody hell John You don't half take some risks!!!

[leewink1] 19/11/2019 09:37

Agreed, will watch, not over keen on large sell off's though.

[johncasey] 19/11/2019 09:36

my biggest spread bet equal with INSP

[the stinger] 19/11/2019 09:35

Tend to see this action prior to a big rise, will watch

[block4gooner] 19/11/2019 09:34

My ave .183 so long long way to go for me:(

[the stinger] 19/11/2019 09:33

Sucking the short term holders out.. hmm

[leewink1] 19/11/2019 09:32

Some positive sells there, but looks interesting.

[ccr1958] 19/11/2019 09:27

Morning boys ,nice to see some movement ,I been waiting to see it go positive action for a while .

[the stinger] 19/11/2019 09:19

Something definately!

[the stinger] 19/11/2019 09:12

Cannot buy many at all, tells me news coming!

[the stinger] 19/11/2019 09:08

Who knows, however any Spain news and 5 bag here.

[soulsauce] 19/11/2019 09:06

Is this the start of the pump before the raise. Be careful.

[the stinger] 19/11/2019 09:05

Hmmm something maybe, decent buys coming

[johncasey] 19/11/2019 09:02

could be spain news imminent or italy or both

[the stinger] 19/11/2019 08:59

Just popped up on my watch list, what's happening

[johncasey] 19/11/2019 08:55

two big buys..something brewing

[block4gooner] 16/11/2019 10:04

Still holding the 1.5M JC and haven't off loaded.I keep til the bitter end.You never know might help my retirement but not too hopeful

[johncasey] 16/11/2019 09:33

the Company held cash and cash equivalents of GBP265,094 (30 June 2018: GBP489,497). Since 30 June, PXOG Marshall has recovered EUR196,000 of Italian VAT and it has used these funds to repay part of its loan to the PLC. As at the end of August 2019, the Company held cash balances of GBP319,539.

Outlook

In the last three years, Prospex Oil & Gas has participated in the drilling of four wells, made two gas discoveries, one of which is already in production, and booked its maiden reserves. While in the Board's eyes our share price does not reflect the progress made to date, our financial performance is starting to do so, specifically in the shareholders total equity value of our investments which stood at GBP6,349,995 as at 30 June 2019. With a pipeline of prospects already identified, work programmes underway to de-risk these to the point of drilling, and production on course to commence at Selva, there remains considerable scope across our portfolio of projects to drive future financial performance. In tandem with this, we continue to evaluate new ventures which match our investment criteria. I look forward to providing further updates on our progress, as we focus on realising the potential of our asset base and generating value for our shareholders.