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Leading commentator Josh Mahony from IG - are we seeing a US$ revaluation? Watch here

Leading commentator Josh Mahony from IG - are we seeing a US$ revaluation?


Xcite Energy Share Chat (XEL)


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ceilingcat
Posts: 2,862
Off Topic
Opinion:No Opinion
Price:0.00
RE: Help required
7 Aug '17
Just let them know you invested in a speculative non-revenue generating oil company 8 years ago and didn't bother to sell out when it was riding high or later as the oil marked collapsed because people on discussion forums continued to say what a great bet it was, and that the chief executive made lots of noncommittal but positive sounding statements at AGMS, in RNS's and video presentations and that they finally ran out of money because it's a horrible market to try and bring an offshore heavy oil field to production that needs huge sums of investment due to the collapse in the price of oil.
 
ceilingcat
Posts: 2,862
Off Topic
Opinion:No Opinion
Price:0.00
RE: Next step
6 Aug '17
It would help if you got the company name correct - "Xcite Energy Limited" (a company incorporated in the BVI)
sadandskint
Posts: 15
Off Topic
Opinion:No Opinion
Price:0.00
Help required
6 Aug '17
I have sent my letter to the clerk of Commons Committee and also cc my MP. I have received a reply from my MP asking for more information so he can investigate further. I know there are alot of people on here and III who have a wealth of information and knowledge regarding Xcite which would be more than i can provide. Would anyone be willing to share so i can forward to my MP who can hopefully take this onboard.
Thanks in advance
westsider
Posts: 190
Observation
Opinion:No Opinion
Price:0.00
Next step
5 Aug '17
I would like to ask all interested to write to the clerk of Commons Committee asking them to
request a motion be put forward for a commons select committee enquiry into the conduct of the Board of Directors of Excite energy and also the role of the OGA in this matter.

http://www.parliament.uk/business/committees/committees-a-z/commons-select/business-energy-industrial-strategy/contact-us/

Wouldn't hurt to cc your MP either.
beltron
Posts: 44
Off Topic
Opinion:No Opinion
Price:0.00
Letter to BEIS comm
4 Aug '17
Letter sent Blue City
highlandsbull
Posts: 5,592
Observation
Opinion:No Opinion
Price:0.00
RE: Xcite-Rupert Cole
4 Aug '17
plus near the end game, d/d saga, the funder and guarantor issue, who killed that?
highlandsbull
Posts: 5,592
Observation
Opinion:No Opinion
Price:0.00
RE: Xcite-Rupert Cole
4 Aug '17
Just yet another of the oblique comments made by this ceo incompetent, the rig was under construction, just not for XEL until they could have had the FDP funding in place to afford to contract it. Imo focus more on ON 'successful' flow test, DECC/OGA 2011 and thereafter, Quad 9(!) the phantom funders that allowed RBL to be cancelled, the full dance card, NDA's, etc., etc. Jmo..
toxicnerve
Posts: 2,632
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (3)
RE: Xcite-Rupert Cole
2 Aug '17
Hear you loud & clear Diver but this gimp has had 14(?) previous failings...how on earth he was seen to be fit & able to be a CEO is beyond belief. But hey ho we had the comfort from a few in the know guys here ...Legends could not praise him more if he was Rupert's Dad!
Diver69
Posts: 523
Off Topic
Opinion:No Opinion
Price:0.00
RE: Xcite-Rupert Cole
2 Aug '17
But R.Cole has got to be brought before the courts because of the lies in the RNS 'S he used to put out for one.What about the rig being built ?,And the price will be multiples of it.Its in black and white,What I would give to have 5 minutes with that man.
I hope that his money which he has shifted is some how taken away from him.I'm probably hoping ,but if there is any justice in this world I hope one day he suffers so badly.
highlandsbull
Posts: 5,592
Observation
Opinion:No Opinion
Price:0.00
RE: Xcite-Rupert Cole
2 Aug '17
of course the liquidators sanctioned the very people that caused the disaster to execute the auction, wow, no bidders?!
They were about as successful at that as they were in mismanaging the company, or was it just another component of the plan?




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