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MXP Share Chat - RSS Feed

Max Petrol Share Chat (MXP)



Share Price: 0.16Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Max Petrol
Spread: 0.00Spread as %: 0.00%Open: 0.16High: 0.00Low: 0.00Yesterday’s Close: 0.16


Share Discussion for Max Petrol (MXP)


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logical2010
Posts: 1,925
Off Topic
Opinion:No Opinion
Price:0.16
Coggy
31 Mar '15
I mean nur-1 is circa 85% done... Surely worth finishing!
 
logical2010
Posts: 1,925
Off Topic
Opinion:No Opinion
Price:0.16
**
31 Mar '15
**play type
logical2010
Posts: 1,925
Off Topic
Opinion:No Opinion
Price:0.16
Coggy
31 Mar '15
Another milestone AGR could help max extend the liscence for nur-1 acerage

If emba b is a success max has said it would open up a plan type along the arch and this the chance of success of the next deeps jumps to circa 70% ... A lot of hurdles to cross before then, but certainly on the cards if AGR want to have a go!
logical2010
Posts: 1,925
Off Topic
Opinion:No Opinion
Price:0.16
Coggy
31 Mar '15
Agree...max should farm out nur-1 and let someone take a 60/40 split as operator.

Share/reduce the risk on max,
But we still get 40% of a billion barrels if successful!!
Coggy
Posts: 7,869
Off Topic
Opinion:No Opinion
Price:0.16
logical
31 Mar '15
I couldn't agree more.

One thing they must do is get the right drilling company in to complete NUR 1. One with experience of the geology and salt strata that they are dealing with. Also the contract should be written that the driller shares the risk. If the drill fails, Max doesn't foot the whole bill. If the drill is successful, the driller gets X% of the projected profits for X years.
logical2010
Posts: 1,925
Off Topic
Opinion:No Opinion
Price:0.16
Dan v max
31 Mar '15
Hard to argue against max rising in the same way once we are restored, as max had a offer of 1.64p on the table, with the same debt and bopd in december as we have today (minus the small zm reduction)
Essentially we are the same business we was at the 1.64p offer, but if this goes through we will have AGR funding, and a improved debt repayment with the bank, so one could argue that once signed we are in fact worth more than the 1.64p we was trading at in dec 2014.... Add into the mix a new strategy from agr perhaps getting nur-1 finished and we could be actually worth 4-5p ... We just need to get this deal over the line and i beleive max will be a comeback play, a 20 bagger from todays levels should the deal be successful . Gla not long now - still very dodgy here, but thats the risk v reward you take if you hunt the potential 20 baggers . Deal goes through ... Give oil prices 18 months recover and max will be an exciting play.
Babamukuru
Posts: 260
Off Topic
Opinion:No Opinion
Price:0.16
MXP
31 Mar '15
What is happening to DAN today is exactly what will happen to MXP when trading is restored.. Infact it will be times 2. Fingers crossed.

GLA
TheRobster
Posts: 3,767
Off Topic
Opinion:No Opinion
Price:0.16
Logical
31 Mar '15
I meant £1 for the whole company not per share. :P
logical2010
Posts: 1,925
Off Topic
Opinion:No Opinion
Price:0.16
Robster
31 Mar '15
Not surprised mate.....£1 is quite overpriced given we are at 0.16 :)
jester16
Posts: 650
Off Topic
Opinion:No Opinion
Price:0.16
robster
30 Mar '15
Your a right sour grape. I thought you sold





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