Roxi Petroleum Share Discussion Threads

[dipla] 08/3/2017 13:28

Could news be on the way?

[maxim1999] 08/3/2017 13:26

about the biggest move we have had in a day for some time. With a bit of volume. Technically lets hope we close at the high of the day.

[bullinachinashop3] 08/3/2017 13:24

there is the bounce smarty!

[ngms27] 08/3/2017 09:27

The difference being that the pressure was unexpected at NT-2, it was known for the deeps here yet they still screwed up, not once, not twice, not thrice but four times if you include the first sidetrack...

[bullinachinashop3] 08/3/2017 08:50

interesting c1, 50 m too, pah nothing compared to our deeps! What do you make of the coming weeks, are you going to the Meeting?

[control1] 08/3/2017 08:26

I see that the standard Roxi mud issue has migrated to AEX, albeit that they still managed to get that well to flow successfully...

[xclusive2] 07/3/2017 17:05

Bull,I really can't believe it's at this level with all the expected news flow, most odd. I'm on hols and haven't taken anymore but back Thursday and hoping it drops a little more ! Multiple bags over next few months. Smarty

[bullinachinashop3] 07/3/2017 13:57

hows the chart looking smarty, due a bounce tomorrow>? RSI, bolingers etc?

[xclusive2] 06/3/2017 18:34

All agreed then -:)

[konil] 06/3/2017 16:19

yes, agreed, agreed, agreed!!!

if they get even 1 deep to flow at 2000 or 3000bopd this will start flying and may stutter a bit, but then attention will be properly focused on roxi and when the city scribblers realise the step change in revenue next year when shallow production goes export, which is currently well under the radar, then another bout of flying, by which time hopefully another deep, and so on.

potential vast, but, but, but, meantime problem is the corporate unknowns as previously stated.

[xclusive2] 06/3/2017 12:40

If you take the current position at face value,then this has to be an absolute buy at this level. Lots of news flow and likely to be positive otherwise we'd be renamed as Sunset. Likely news flow next 90 days -;- Yelemes new well result- Merger- new CPR- 2 X deep wells commercial ? If announced separately then the hype will kick in and so will be blown out of all proportion. Won't be700m P2, it will be elephants and billions of barrels. Close to Tengiz and seismic hasn't captured all the targets, especially from new acreage.Work the maths guys, if successful this is going to fly.This is the last chance to buy sub 10p.Ramp over.Smarty

[konil] 06/3/2017 10:51

operational matters aside, if the ownership and funding issues were on a clear and sound footing in terms of transparency and corporate probity, the share price would be a lot higher already given roxi have finds of c.400m of deep oil across 3 holes. that in itself would aid fundraising.

[konil] 06/3/2017 10:46

actually the offloading may be a requisite to gain institutional interest.

added to the need to raise finance, i suspect there will be more to this game than is apparent at this stage.

[konil] 06/3/2017 10:43

i'd feel a lot happier if some of the large holders offloaded some of their stake to institutional investors once the merger is completed, that is if it does become of interest to institutional investors, something i'm not convinced about.

[ngms27] 06/3/2017 09:45

Well I have a few POX, more a just in case gamble rather than Investment size stake.

My current favourites are SOU,HUR, PVR and I'm holding onto AEX as the RNS when it arrives may deliver a few more pence short term at least.

[xclusive2] 06/3/2017 08:39

Jonny,I'm keeping the HUR but I don't share the same view re the Pox and o believe that there's a minimum of a 100% return within 60 days, probably more. Smarty

[togglebrush] 06/3/2017 08:16

Beware the Ides of March … often heavy buying days are boosted by Mrs ZB, with 10% to 80% of a day’s buys, on days which precedes a RNS, when she can sell heavily and quickly afterwards … uncanny how she does it … a rich powerful woman in touch with the Gods (see post 34216).
‘
SAMPLE one of many_______________Mrs ZB Share Trading________¦__Market Trading data
_____________Action___________Dealt_______@Price____Value____¦_ Open__Close__ Volume

15/01/2016 Mrs ZB Trades__Buy___250,000_____7.00___£17,500___¦__7.125 7.125 __934,610 53%
18/01/2016 Mrs ZB Trades__Buy____85,000_____7.00____£;5,950___¦__6.875 6.875 __242,340 70%
20/01/2016 Mrs ZB Trades__Buy___125,000_____6.75____£;8,438___¦__7.000 7.000 1,134,759 22%
20/01/2016 Mrs ZB Trades__Buy___205,000_____7.00___£14,350___¦__7.000 7.000 1,134,759 36%
21/01/2016___RNS: ___________________________________________¦__6.625 7.125 __873,504

21/01/2016 Mrs ZB Trades__Buy __85,000 _____7.00_____£;5,950__¦__6.625 7.125 __873,504 19%
27/01/2016___RNS: ___________________________________________¦__7.750 7.750 __592,816

05/02/2016 Mrs ZB Trades__Sell___250,000____8.50____£;21,250___¦__8.250 8.500 1,031,245 48% 08/02/2016 Mrs ZB Trades__Sell___500,000____8.89____£;44,450___¦__8.375 9.250 3,135,043 32%
Notes
‘
21/01/2016 RNS: Extension to the BNG Contract Area
27/01/2016 RNS: Appointment of GCA to update technical estimates (for date list completeness)
‘
Source of Mrs ZB trading is Circular 27th February 2017
Source of Market Trading and RNS are ADVFN
… the % is Mrs ZB Trade divided by half volume (assumes each trade is a discrete buy or sell)
Errors and Omission Excepted
‘
If a simple sailor can do this calculation think what an Financial Institution can do ???

[ngms27] 06/3/2017 08:07

Smarty, I wouldn't sell HUR if I were you. Potential 4 bagger this year or more depending on Halifax results.

The Pox on the other hand will likely just be playing with the small shallows and getting nowhere fast with the deeps.

I can see them going private at license expiry on the cheap then miraculously getting an extension for the deeps. Quite simply I don't personally trust the BoD and there really is nothing to stop them doing what's in their own interests.

[xclusive2] 06/3/2017 08:00

Nowhere exotic, in the Canaries but far better than the miserable weather at home.I'm expecting the share price to start motoring from here on the expectation of positive news on many fronts. The only thing holding it back maybe the merger clarity or any dilution from a funding deal although I'd have expected to see that when share price a little higher.Tick, tock.Smarty

[togglebrush] 06/3/2017 06:25

There was a powerful storm in the Western Med so he wasn't there.

[hotdeal] 05/3/2017 23:18

Smarty

Would have thought Margate is a bit chilly this time of year to sit by the pool

[xclusive2] 05/3/2017 16:42

K,That's the target to get full licence, otherwise 29 years I believe Carver stated. I don't expect that to be only shallows and they will definitely need the deeps for that. The next 15 months are going to be interesting and they'll need cash to accelerate the campaign.Smarty

[konil] 05/3/2017 14:53

basically agree smarty, but 700m p2 by jun 2018 is overly optimistic on shallows alone unless it includes an expectation of some deep reserves but i doubt they'd get a cpr on that without further deep drills on existing finds to prove the reserves.

or the shallows are massive and they have been slow to prove them to date, with a massive head of steam built up to catapult the cpr, not likely methinks.

[xclusive2] 05/3/2017 13:28

All,Just chilling out by the pool, contemplating my first G&T whilst listening to Vox. The key points -;- Company current m/cap supported by current reserves- New enlarged Co at circa $200m will mean access to larger institutional investorsOperational- New Yelemes structure to mirror MJF opportunity. Already at 2600m with 300 to go, update Q1- Expecting to announce one of the deep wells as a 3000 bopd producer- Possibly more than one deep announcement in Q1- Revised CPR in Q1 but this will be ongoingI found the commentary very bullish and looks like the ducks are being lined up. The 'Sunrise' was positioned as a new beginning and I suspect the Limerick purchases have been well timed.They're aiming to get to 700m barrels by June 2018. You can all do the maths and I believe we're on the cusp of making the breakthrough.They will need money but the story is appealing and easy to sell. This is the low folks and time to take a few more imo as thus is honing to multi bag.Control,I'm tempted to move HUR investment across as the bigger return is here. Probably leave it there but sorely tempted to move it (-:Smarty

[konil] 04/3/2017 19:36

smarty, max and a few other dogs.

hope it all pans out swimmingly here. the business seems to be building up nicely. i'm looking forward to next quarter when, according to mr. c, much newsflow is due including at least 1 deep.