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Max Petrol Share Chat (MXP)



Share Price: 0.16Bid: 0.15Ask: 0.17Change: 0.00 (0.00%)No Movement on Max Petrol
Spread: 0.02Spread as %: 13.33%Open: 0.16High: 0.00Low: 0.00Yesterday’s Close: 0.16


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morefondle
Posts: 19
Off Topic
Opinion:No Opinion
Price:0.16
WALTS
23 Jun '15
So the well known WALT who claims to have considerable wealth including land, buildings, luxury cars, a private aircraft, a business and an investment portfolio of 20 plus dividend growth stocks confines them self to only making comments on this BB about MXP. 32 posts in 30 days.

That's the trouble with being a WALT, just too easy to spot LOL.
 
logical2010
Posts: 1,941
Off Topic
Opinion:No Opinion
Price:0.16
Oils
23 Jun '15
Glad we could be of some help to you, in helping you see the light
Coggy
Posts: 8,155
Off Topic
Opinion:No Opinion
Price:0.16
SpunkyDunk
23 Jun '15
Now you're talking. I knew you'd see the light one day.

Some people may think your post was a tad facetious, but not me. I can spot a turncoat when I see one!
ivorsoreass
Posts: 117
Off Topic
Opinion:No Opinion
Price:0.16
Thats
22 Jun '15
The spirit oilspelunkaaa
OilSpelunker
Posts: 178
Answer
Opinion:No Opinion
Price:0.16
View Thread (2)
RE: mxp
22 Jun '15
I have decided not to throw any more gas on the fire. Nor do I intend to write "I told you so" or anything else snarky if (notice I wrote "if" and not "when") the equity gets diluted 90%+ or gets extinguished in administration or bankruptcy. From now on, I am here to support you fine gentlemenly scholars and wish you well, especially those of you who had the foresight to push your chips forward and buy in right after MXP disclosed that it was insolvent. In fact, you have dramatically changed my opinion with your enthusiasm and splendid micro analysis on MXP and its possible road to financial recovery. I am now positive on MXP and its chances for renewed success. I think that the Kaz government will renew the license for free and also forgive all debts. Same with Sberbank - complete debt forgiveness and release of all liens. I also think that NUR1 will unstick itself due to a dramatic gravitational shift due to the decrease in harvestable oil due to the worldwide supply glut, and that the condensate in that presalt reservoir will migrate over and seep into the ASK2 well bore and replenish ASK2 at about 25,000 barrels per day. Oil will be at $100.00 per barrel by then, so need to worry about further supply side market saturation.

I love you guys. Thank you for turning me back onto MXP. It is the opportunity of a lifetime.
ivorsoreass
Posts: 117
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (2)
mxp
22 Jun '15
i don't like this silence, mxp not you Oilspelunka
Coggy
Posts: 8,155
Off Topic
Opinion:No Opinion
Price:0.16
OilySpunk
21 Jun '15
logical2010
Posts: 1,941
Off Topic
Opinion:No Opinion
Price:0.16
OilS - wasted Breath
21 Jun '15
We are in the hands of the lenders and authorities, we know the risks - thank you for pointing them out though.
But its a pointless exercise, as no one can do anything either way. You might be right, you might be wrong- either way we will all know soon. And nothing you or I speculate can change our fate. What will be, will be.
HotShot69
Posts: 543
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (3)
RE: Spoke to Tom
20 Jun '15
Oil, my man, I appreciate it's a bone of contention with you here, but really, there is nothing any of us shareholders can do anyway now.. it's either deal or no deal. What (if any) deal is struck will decide our fate. I expect most (by now) have accepted the fate of MAX, it's looking bleak, but we do at least like to hope? Move on my friend, post when the result comes in... just by posting all this negativity, you denigrate yourself. Whether it works or not, we all knew the risks (and rewards) so please could you stop carping on about the negatives... WE KNOW!! :)
OilSpelunker
Posts: 178
Answer
Opinion:No Opinion
Price:0.16
View Thread (3)
RE: Spoke to Tom
19 Jun '15
Did you ask him about the licenses, which are now expired and in breach of all long term FFP covenants? If so, did he mention how they were going to borrow new money under the circumstances to buy new licenses? What about the back taxes and past due vendor accounts?

"this afternoon, nothing's changed since the last RNS"

-Yes this was my prediction exactly. Nobody has bothered to force them into liquidation yet, for what would be the point? The Kaks probably already have the fields under state control.

EXACT QUOTES FROM LAST RNS:

"In addition to a debt restructuring and equity investment, the Company also requires bridge financing to ensure the Company is viable for the period until the regulatory and other approvals can be in place to permit the debt restructuring and equity investment, if agreed.

The company continues in operation, producing circa 2,900 bopd, under severe financial stress."

Do you young knights really think that there will be a profitable amount of equity remaining for you after any such deal is completed? If so, please tell us why instead of writing nonsensical posts about how you are going to make money off of MXP with zero support for your speculative thesis. So then let's try something new here friends. How about somebody list MXP's value per share based off of any readily used valuation technique? DCF, Comps, CAPM (based on 2P's), whatever it may be, show us how MXP is worth anything less than about ($25 million).





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