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Max Petroleum Share Chat (MXP)


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rhertig
Posts: 627
Off Topic
Opinion:No Opinion
Price:0.00
RE: DARKBLUE
25 Jan '17
I am almost positive in the report I read last year they gave the production to the bank in payment for the bank loan. The subsidiary they sold for 1 million covered most of the remaining assets including the part with the failed deep well. It was sold to an associate of the company who was trying to buy into us at the end. This report mentions none of that only the 1 million sale of the subsidiary. Dam old age messes with the memory.
 
Coggy
Posts: 12,229
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Price:0.00
Correction
20 Jan '17
It was £180k, not £1Mill. Don't know where I got that figure from?? :)
Coggy
Posts: 12,229
Off Topic
Opinion:No Opinion
Price:0.00
DARKBLUE
18 Jan '17
No idea mate. It could be another 6 months, a year or more. However, oil above $50 a barrel and staying there gives me hope that we may come through this. I read the whole report and somewhere it said they owed so and so £1 million and they paid it, before the deadline, Where did that come from? We could be at 5,000 bbls a day now for all we know.

Fingers and toes still firmly crossed.
DARKBLUE
Posts: 786
Off Topic
Opinion:No Opinion
Price:0.00
COGGY
18 Jan '17
Cheers ,what time span would you expect
TheReverand
Posts: 1,484
Premium Chat Member
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RE: TheReverand
18 Jan '17
Me too lol hoping SULA helps offsets this venture...section 9 is interesting the candle is not out yet..fat ladies and all that keep posting take care Rev
Coggy
Posts: 12,229
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Opinion:No Opinion
Price:0.00
TheReverand
17 Jan '17
Cheers, all the best to you too, long time no post :)

Things are pretty grim at the mo, need Max to rise like the proverbial Phoenix to pull me out of the shoite.....lol
Coggy
Posts: 12,229
Off Topic
Opinion:No Opinion
Price:0.00
DARKBLUE
17 Jan '17
TheReverand
Posts: 1,484
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.00
RE: DARKBLUE
17 Jan '17
Interesting as shareholders can we request proof of expenses receipts vat payments tax payments on behalf of staff working on the case etc etc blah blah looking at them charge out rates the pigs have been at the trough who signs off the terms and conditions for them
TheReverand
Posts: 1,484
Premium Chat Member
Off Topic
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Coggy
17 Jan '17
How's tricks all the best for 2017 pal
DARKBLUE
Posts: 786
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Price:0.00
Coggy
17 Jan '17
Happy new year 'Any chance you could cut and paste ,as I can't find .atb




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