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London South East - Oil & Gas Investor Evening: Malcy, Echo, Savannah, SDX
Andrew Knott, #SAVP speaks at London South East's Oil & Gas event


Prospex Oil Share Chat (PXOG)



Share Price: 0.275Bid: 0.25Ask: 0.30Change: 0.00 (0.00%)No Movement on Prospex Oil
Spread: 0.05Spread as %: 20.00%Open: 0.275High: 0.00Low: 0.00Yesterday’s Close: 0.275


Share Discussion for Prospex Oil


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MrDross
Posts: 2,368
Opinion:No Opinion
Price:0.30
added £1500
Fri 15:09
at 30 holding 10m now
 
Kullybahia
Posts: 215
Opinion:No Opinion
Price:0.30
RE: How to stop buying interest
Fri 14:34
Been an agenda about this stock? Even on down days and up days, someone or group trying to keep the sp down, to load up. Knowing that Tesorillo is a monster asset in the making? Would love to hear Grancesti is getting a workover with loan notes to fund. Then 2 gas drills into production, and Tesorillo next. £4m mcap is ridiculous, compared to the 2 gas assets. Come on ED, get Grancesti worked and producing ?
SandyShore459
Posts: 1,840
Opinion:Strong Buy
Price:0.30
Bargain
Fri 13:38
Revenue-generating in Romania and funded on good terms through 2019 for general costs and project development in Italy. Absolute steal at this bizarrely low m/cap IMO. Holding happily.
Terrafin
Posts: 323
Opinion:No Opinion
Price:0.30
RE: How to stop buying interest
Fri 11:36
It's as if someone or some company doesn't want this to see any rise in the SP this year at all - shame - now the financing is a lot clearer this is all looking rather good.... way undervalued AIMO ..
Noocyt
Posts: 171
Premium Chat Member
Opinion:No Opinion
Price:0.30
How to stop buying interest
Fri 10:55
Put the spread to 40% & you can walk the bid down each morning with a micro trade (<£100)
LiveLongnProsper
Posts: 13
Opinion:No Opinion
Price:0.30
RE: Just a reminder
Thu 15:17
Drewky, agree should be funded for Spain stage 2 with this year's budget, just looked a bit 'tight based on h1 run rate - not a scare, just a point of detail particularly as Romania cash about to start coming in.

I also agree that a Grancesti work over would make sense to build up income and have clear separation of self sustaining run rate from new investment in the opportunities offered by further Italy exploration and Spain stage 3.

All in all, very positive on the situation, despite significant under valuation (for now) and I'm hanging on to my shares for many multiples of upward movement.

AIMHO / DYOR / GLA
JimiHendrix
Posts: 2,258
Premium Chat Member
Opinion:No Opinion
Price:0.30
RE: Just a reminder
Thu 14:35
I was expecting to hear something about the exceptionally late harvest by now. The last I heard was the harvest was planned for September and they were also expecting to gain land access the same month.
Drewky
Posts: 6,295
Opinion:Strong Buy
Price:0.30
RE: Just a reminder
Thu 14:11
When looking at the figures after the last announcement and taking into account It has been stated we have enough of the wherewithal to complete this years planned operational objectives and having heard nothing detrimental other than scare stories promoted by some, I have NO reason to doubt that we can afford to go ahead with the second stage of buying into Spain by year end without raising further.
Kullybahia
Posts: 215
Opinion:No Opinion
Price:0.30
Pxog turned
Thu 10:19
Amazing how after announcement of funding for Selva, the general consensus is that the company is slowly transforming into a decent AIM listing. Some Beaufort stock sold off cheaply may have tanked the sp? Now for Grancesti work over would be great, with same funding as Selva , as revenue would come roughly 10 months later, like Bainet 1?Hope ED is listening?
LiveLongnProsper
Posts: 13
Opinion:No Opinion
Price:0.30
RE: Just a reminder
Thu 09:59
We need to make the 2nd payment on Spain of €280k (~£245k) for 15% before the end of 2018 (RNS 19/12/17) to enable progression to a test well which requires the 3rd / final €1725k (~£1513k) for 49.9% before the midway point of the sixth year of the licence (also an estimated ~$4m drill cost). In the meantime the AMT survey work is commissioned to partners and hopefully we should see some preliminary results soon. I do have a couple of questions though, any insights appreciated …
- I am assuming that we would not progress to 15% without some positive preliminary AMT results and we are not waiting for further approvals (e.g. environmental) for the survey to commence?
- Is the €280k for 15% allocated against the mid-year cash balance, or does it require further funding (recent loan notes are just for Italy)?

Market cap well under asset value of just Romania and Italy (not to mention Italy exploration) and Spain could be the real game changer.

AIMHO / DYOR / GLA
Ockerhillian
Posts: 70
Opinion:No Opinion
Price:0.30
Just a reminder
Thu 09:29
The Corporate Presentation 2018 again

http://www.prospexoilandgas.com/cms/wp-content/uploads/2018/09/PXOG-Corporate-Presentation-September-03.09.18.pdf

Could someone please explain the certainty of the Tesorillo option up to 49% please when holding just 2.5% ?
SuperRoty
Posts: 3,098
Opinion:Strong Buy
Price:0.29
RE: 1
Wed 15:27
that's me loading up. I aim to get 1m lol
Gunner1
Posts: 4,960
Opinion:No Opinion
Price:0.29
re 1 code
Wed 14:34
by my reckoning we are due 7 rns today ! imho
SandyShore459
Posts: 1,840
Opinion:Strong Buy
Price:0.29
RE: 1
Wed 14:23
Someone has definitely taken the wisdom about drip-feeding one's share purchases to heart :-)
spiceygoat
Posts: 2,694
Opinion:No Opinion
Price:0.29
1
Wed 14:16
Well never seen that many "1 codes" before
Gunner1
Posts: 4,960
Opinion:No Opinion
Price:0.29
cant
Wed 13:56
mistake buys and sells lol its good imho
Gunner1
Posts: 4,960
Opinion:No Opinion
Price:0.29
At least
Wed 13:55
the spread has stopped the turds messing about with this fabulous opportunity. gla
Banker52011
Posts: 359
Opinion:Strong Buy
Price:0.29
Writings on the Wall! SP Up trend!
Wed 08:39
Slowly but surely this SP and company with all its various assets is on the rise! Each day up a little more than the last! We have some momentum again, but this time we’re not stopping :-) look at the Assets and room for potential growth that’s all I am saying IMHO :-) GLA
SandyShore459
Posts: 1,840
Opinion:Strong Buy
Price:0.29
Investing
Wed 08:37
Despite low volume this week, after Friday's flurry, it's good to see that buyers in the .3s have continued to drift in, while the large spread has killed off the volatility brought by traders. I'm not necessarily unhappy about that! The investment case here is exceptionally strong IMO. GLA
krynap
Posts: 561
Opinion:No Opinion
Price:0.30
Re: new troll in the city
16 Oct '18
Sandy - "Let's keep it friendly here" - tell the trolls, not me. (No need to reply - I don't read, react, seldom read this Board chats overtaken by derampers)

A troll can't start rudely talking down the share in so obvious and most beneficial situation as PXOG is currently; now the BOD showed us the perspective to move forward.

Trolls are not that stupid - they are on their mission which brings them income, salaries...

Thus notice in every troll-beginner's toxic droppings some subtleties... Trolls may continue talking down the share while mentioning small advantage before the strong knockout, or while showing strong buy for example - a weakly minded investor reads words, seldom looks at Opinion.

Another deramper here complained that loan is taken - that SP doesn't respond to loan news and our SP will go down.
SP DOES respond to LOAN news! As a beginner, I lost a huge amount of £K not knowing about it. I keep watching the dramatic rise of SP on a very rumour of a Loan.

Keep this Board clean and true now when even destitude has purchased some - I guess it from his positive comment.
aimgambler123
Posts: 122
Opinion:No Opinion
Price:0.30
RE: volume is as dead as a dodo
16 Oct '18
A producing asset, albeit small, and the sp is at multi year lows. Good to hear the BoD are as frutrated as everyone else. Hopefully see them ramp up the newsflow to inject the momentum this needs to see off small time traders and shorters. Aimho, dyor, etc.....
derekHughes
Posts: 2,033
Opinion:No Opinion
Price:0.28
RE: volume is as dead as a dodo
16 Oct '18
Must of listened to you triumph
triumph1
Posts: 1,064
Opinion:No Opinion
Price:0.28
volume is as dead as a dodo
16 Oct '18
because the spread is ridiculous. MM's need to drop ask to .30 to stimulate some volume.
jester16
Posts: 7,353
Opinion:No Opinion
Price:0.28
Strong buy
16 Oct '18
Look at them buys flooding in. Can I hear a cricket....?
SandyShore459
Posts: 1,840
Opinion:Strong Buy
Price:0.28
RE: Sp
16 Oct '18
Strong buy indeed :-)




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