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Max Petrol Share Chat (MXP)



Share Price: 1.175Bid: 1.12Ask: 1.23Change: 0.00 (0.00%)No Movement on Max Petrol
Spread: 0.11Spread as %: 9.82%Open: 1.15High: 1.175Low: 1.15Yesterday’s Close: 1.175


Share Discussion for Max Petrol (MXP)


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MaverickD
Posts: 5,371
Off Topic
Opinion:Buy
Price:1.23
Price
4 Aug '14
Will now surely get to over 3p-4p. We now have secured £37 mil via a well respected enterprise and with that kind of support coming you know the asset and its acreage is world class. Should see Nur-1 moving forward - onwards and upwards
 
lucky4paws
Posts: 174
Off Topic
Opinion:Strong Buy
Price:1.23
conquer the world Nur1
4 Aug '14
The Assaubayev family is moving forward and is looking forward to expand different business empires with more acquisitions in the mining industry. The family is really performing well and this can be validated by their past. With this, it’s no more surprising that one day, they’ll conquer the entire world.
Rivendell666
Posts: 3,790
Observation
Opinion:No Opinion
Price:1.23
The Assaubayevs
4 Aug '14
"" ..... Today ****** is under control of a Kazakh family by the name of Assaubayev, headed by clan-leader Kanat Assaubayev. An overwhelming majority of the members of the board consists of his relatives… Most of the Assaubayevs have degrees in both engineering and economics, which explains how they could make the enterprise survive. .... Polyus and affiliates filed a lawsuit in London on June 25 2009 against members of the Assaubayev family, who are the former directors of KazakhGold, Gold Lion Holdings Ltd. and Hawkinson Capital Inc., seeking damages of more than $450 million over allegations they misappropriated funds and misrepresented output and profit figures .......... In July 2010, the new board of Kazakhgold accused the Assaubayev's of taking fraudulent actions during their time in tenure of the company. This provoked a counter-accusation by the Assaubayev's that they themselves had been fraudulently deprived of US$187 million,..... ""

Gonna be interesting.....

http://moneytometal.org/index.php/Gold_Lion_Holdings
georgesaa
Posts: 1,652
Off Topic
Opinion:No Opinion
Price:1.23
rns
4 Aug '14
Nur1 is back on the agenda!
Rivendell666
Posts: 3,790
Observation
Opinion:No Opinion
Price:1.23
RNS
4 Aug '14
Max Petroleum is pleased to announce that it has raised approximately £37.1 million (approximately US$62.5 million) before expenses by way of a conditional cash subscription by AGR Energy Limited No. I ("AGR Energy" or the "Investor") for 2,264,093,462 new Ordinary Shares at a price of 1.64 pence per Ordinary Share

That's some dilution.........

www.investegate.co.uk/max-petroleum-plc--mxp-/rns/agr-energy-to-invest-in-max-petroleum/201408040700161251O/
mpg1
Posts: 814
Off Topic
Opinion:No Opinion
Price:1.23
View Thread (4)
RE: P.S
1 Aug '14
Giles... No offence mate but you clearly haven't done your homework here. Mxp have put the for sale sign up and there is no buyers.... IMO not enough 2p reserves and way too much debt. I am of the thinking that if no buyers come along soon the plug on the debt will be pulled.
4m shares is not large volume..... Some pi will have that by now. Atb mpg
GilesGileson
Posts: 6
Off Topic
Opinion:No Opinion
Price:1.21
View Thread (4)
RE: P.S
1 Aug '14
Well plenty of people are buying in at around 1.20. some big volumes there. Yes other's are selling. This isn't really a risky company, their big venture didn't pay off and things will come right in the end.
FlawlessKicks
Posts: 6,360
Observation
Opinion:No Opinion
Price:1.20
View Thread (4)
P.S
1 Aug '14
Forgot to add - My major concern is that the markets are starting to turn negative and I think money will move faster out of riskier assets. This will only compound any fall if there is not an RNS on Monday. I just don't want to take that risk in a falling market. I understand if others are not bothered by this but I have been in situations similar to this in the past and ended up losing all my profits overnight!
GilesGileson
Posts: 6
Off Topic
Opinion:No Opinion
Price:1.21
View Thread (2)
RE: Oil Barrel
1 Aug '14
You'll have to Google the report from mid June 2014. oilbarrel dot com
GilesGileson
Posts: 6
Observation
Opinion:No Opinion
Price:1.21
View Thread (2)
Oil Barrel
1 Aug '14
I was reading some of the more objective reports of what has been going on with MXP. True the deep drilling has failed and they are relying on shallow drilling. There is still a living to be made, nobody wants to buy them out though I'd be interested to know what would happen to the sp in that instance. If you want to play it safe then sell at about 2p. http://oilbarrel.com/news/max-petroleum-reserves-and-production-update-shows-good-progress-with-shallow-drilling-in-kazakhstan-1



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