Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Roxi Petroleum | RXP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 9.625 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 9.625 | 9.625 |
| Top Posts |
|---|
Posted at 28/3/2017 10:01 by timberwolf3 smarty - new Togglebrush board up & running CASP , also RXP no longer trading on exchange, CASP now trading |
Posted at 10/3/2017 10:41 by rutter Thanks smarty. It's just that as the share price drops even further after today's delay, there must be a time when it's worth an in and out punt. Sorry to go o/t. GL with RXP |
Posted at 01/3/2017 15:02 by berber1 I wondering whether they will release the real results from the deeps now that RXP owns 100%. |
Posted at 14/2/2017 08:58 by buzzzzzzzz RXP the more unlikely hahahaFingers crossed. |
Posted at 27/1/2017 12:39 by ngms27 SOU, PVR and HUR look much nicer places to me. Why even AEX is more likely to get something to flow and thats saying something.RXP is sh1t or bust. No deep success and they aren't worth the current price despite what Mr Carver may say. Get some of the deeps to flow 2000 bopd and 30p is likely. The question is how much longer will they go on flogging what looks like a dead horse? Or is it? |
Posted at 27/1/2017 12:20 by xclusive2 Energetic,You want to steer well clear of the Pox, squillionaires don't do very well here ! Et al, Not many shares that are held so tightly as RXP. That fact together with improving fundamentals means the risks of real downside are diminishing. I thought 2016 would be our defining year but the failed attempts on proving the deeps up have delayed that. I suspect that the merger has played it's part and looks like 2017 will be that year. I've resigned myself to the fact that i have to be more patient, 10 years has taught me that. We'll know this year whether 2017 will be the year that Roxi deliver on their promises from 2007.Much that the shallows will build the NAV, the deeps will take this into a takover position. That can only happen with the Kazakh owners blessing but i'm sure players like Chevron are watching closely. Smarty |
Posted at 27/1/2017 07:33 by togglebrush 28,000 RXP shares on London Market then you too have One million Kazakhstan Tenge in value |
Posted at 26/1/2017 21:12 by 1enigmatic I won't be buying until I get the price down.I copy the same thing on various shares I am trying to buy over on LSE GENL RXP have a look at my posts on Rxp on LSE I am a millionaire don't you know.chow |
Posted at 11/1/2017 13:12 by togglebrush IMHO Objective seems to be in simple terms to get to Mid 2018 when company can' a) sell its oil on International Market @ 50-60 per barrel as opposed to domestic price $10 b) sell itself or have the option to, to an International Company with added attraction of International oil prices business and a bulkier company. c) Deeps are the jewel in the crown and are to be carefully nurtured ' Survival Baversstock merger increases the cash flow with their higher profitability from their oil sales and will help keep the whole business from going base over apex. ' Company and Country appear to be having a rough time. Locals have to be careful not to rock or sink the operation before it reaches safe and calm conditions ' My rough calculations:- Rough Baverstock ____________________ Revenues__ KRW 219 million = GBP 150,351 ______ RXP ____650,000 Net Profit KRW 162 million = GBP 112,212 ______ RXP ______6,540 ' Extracts from the Full Year results published in June ' Business model ' The Board plans to develop the BNG Contract Area such that by summer 2018, the expected date when a full production licence will be applied for, the BNG Contract Area has been drilled to identify the greatest level of reserves and production consistent with not unduly diluting Roxi's shareholders interest in the asset. ' Prospects ' As stated above our strategy is to develop the BNG Contract Area to the fullest by mid 2018 without unduly diluting shareholders. This is 24 months away and it strikes the Roxi board as unlikely that the low prices of 2015 and early 2016 will prevail at that time. Following the proposed merger of Roxi and Baverstock the enlarged Roxi will own 99% of BNG. Few large oil companies have maintained their exploration and development programme at historic levels. Provided we are able to demonstrate the quality of the deep prospects at BNG by then logic dictates it is likely that by mid 2018 there may be a shortage of projects of the quality of BNG for the majors to consider when reviewing their limited production profiles. |
Posted at 10/1/2017 10:32 by togglebrush Ref post 34017 and a quick FX conversion' Putting some current FX values on the above puts RXP and Baverstock on par Market Capital of Roxi Petroleum is just under £100 million Stake KRW 5.6 billion is GBP 3,844,587 and 3.5% stake makes Baverstoke valued at GBP 109,845,343 I am not sure if these figures are accurate or compatible All figures are same year end 2015 Baverstock GmbH reported Assets KRW 6.1 billion = __GBP 4,187,854___________ Revenues KRW 219 million = __GBP 150,351_____________ Net Profit KRW 162 million = GBP 112,212_____________ Notes KRW = South Korean Won RXP based on FY 2015 published June 2016 and converted to GBP RXP Oil revenue is mainly at Explore rate of $10 per brl |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
