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Roxi Petroleum Share Chat (RXP)



Share Price: 9.25Bid: 9.00Ask: 9.50Change: 0.00 (0.00%)No Movement on Roxi Petroleum
Spread: 0.50Spread as %: 5.56%Open: 9.25High: 9.25Low: 9.25Yesterday’s Close: 9.25


Share Discussion for Roxi Petroleum


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FlawlessKicks
Posts: 12,107
Answer
Opinion:Strong Buy
Price:9.25
jmr1980
Today 14:21
Until we get an rns with the info on drill depth, well testing etc - there is no way I can know how accurate I am! Anyway, I am of to Marbella tomorrow so I won't be on anything like as much as usual for the next week or so.
 
jmr1980
Posts: 780
Off Topic
Opinion:No Opinion
Price:9.25
RE: jmr1980
Today 13:54
Then perhaps for accuracy's sake you could include one of your daily accuracyometers, along the lines of drilling depth of -580m today, and 89 days so far that I've been wrong about news being due any day?!
FlawlessKicks
Posts: 12,107
Answer
Opinion:Strong Buy
Price:9.25
jmr1980
Today 13:27
Sorry, can't do that ;o). The daily morning positive start is expected of me ;o).
FlawlessKicks
Posts: 12,107
Answer
Opinion:Strong Buy
Price:9.25
The maths
Today 13:26
A5 flowing at 3k bopd, A6 flowing at 3k bopd, 801 flowing at 2k bopd, 143 flowing at 800bopd. That would be 8.8k bopd. Add to this another deep and shallow (required before full production licence) and combined flow of 12.5k bopd in late 2017. We are a low-cost producer and as such I would expect to be making $30 a barrel profit at current prices. So...we would be making a PROFIT of $375,000 a day in late 2017. This is roughly $137million a year PROFIT. At a multiple of say 11 x profit, we are looking at a market cap of $1.5billion. With say a 30% discount to book, we are looking at $1billion or £800million (roughly). All will depend on if we can flow the deeps but if we can, we are looking at a 10 x bagger here. Don't sell out too early as the next 6 months will really show the potential here and I think the potential is huge!!!
jmr1980
Posts: 780
Off Topic
Opinion:No Opinion
Price:9.25
View Thread (2)
RE: Morning all!
Today 13:20
Wow! Perhaps you're learning - a question this time?! For goodness only knows how long you've been trumpeting your usual line about company making news any day! I've been away for nearly two weeks, and at that point Roxi was 9p..... I come back and it's..... 9p! Perhaps you could me a favour and refrain from the daily drivel about good news due any day.....!
gell
Posts: 471
Off Topic
Opinion:No Opinion
Price:9.25
RE: Exit point
Today 13:16
Up grading to my new exit point
90p
FlawlessKicks
Posts: 12,107
Answer
Opinion:Strong Buy
Price:9.25
I think
Today 13:08
It is safe to say that we are all here for the long haul. Mms will need to increase the price here significantly to get hold of our shares ;o)
imac1
Posts: 463
Off Topic
Opinion:Buy
Price:9.25
RE: Exit point
Today 12:44
60-70p
tenby33
Posts: 9
Off Topic
Opinion:No Opinion
Price:9.25
Exit point
Today 12:30
£1
FlawlessKicks
Posts: 12,107
Answer
Opinion:Strong Buy
Price:9.25
Divermike
Today 11:36
Yes, about £1. I just hope we can get A5 and 801 to flow over the coming months as it would really be a game changer for Roxi!




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