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EXCLUSIVE: Aminex CEO says 'Institutions are delighted' with Zubair farm-out terms Watch Here

EXCLUSIVE: Aminex CEO says 'Institutions are delighted' with Zubair farm-out terms
EXCLUSIVE: InfraStrata continue to negotiate with major gas companies and institutional investors


Max Petroleum Share Chat (MXP)



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Share Discussion for Max Petroleum


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jester16
Posts: 7,026
Opinion:No Opinion
Price:0.00
Somebody
22 Jun '16
As bought my shares that's nice of them...
 
Coggy
Posts: 13,655
Opinion:No Opinion
Price:0.00
Shares sold
22 Jun '16
to Peak South Trading Ltd for $1,000,000.

These are a Hong Kong outfit. So is that it then?
Coggy
Posts: 13,655
Opinion:No Opinion
Price:0.00
Proposal
22 Jun '16
Is out. A pre-pack seems to have been done. Don't really understand it all. Had a brief skip through and we don't seem to be in too much debt, not enough to wind a Company up.
ivorsoreass
Posts: 326
Opinion:No Opinion
Price:0.00
If the
19 Jun '16
Administrators proposal is out this soon it suggests to me there is some sort of pre pack.
Hondo
Posts: 88
Opinion:No Opinion
Price:0.00
Adminsitrative Proposal
18 Jun '16
Anxiously waiting to see how shareholders have been screwed.

Honso
Coggy
Posts: 13,655
Opinion:No Opinion
Price:0.00
Administrators Proposal
18 Jun '16
is due out next week. (From Companies House web site).
Divermike
Posts: 3,757
Opinion:No Opinion
Price:0.00
aministrators
16 Jun '16
They could find MXP is a "going concern" and has a future
DARKBLUE
Posts: 792
Opinion:No Opinion
Price:0.00
THE FAT LADY
14 Jun '16
Not sure if it's sung yet ?
rhertig
Posts: 875
Opinion:No Opinion
Price:0.00
RE: rhertig
11 Jun '16
The only good thing I got out of MXP is I heard about ROXI on one of the the boards and invested there. Hopefully I make up for this nightmare.
Hondo
Posts: 88
Opinion:No Opinion
Price:0.00
rhertig
9 Jun '16
If they do a pre-pack, they will mostly likely, sell all the assets to AGR or some entity that involves AGR and the directors, with Scherbank being paid in part and staying in as a creditor. All others, including all other creditors and shareholders, will get fresh air.

Be sure that the present directors will take part of the deal if it goes to a pre-pack.

Don't bottom fish. There aren't too many tasty tidbit on the bottom.

Hondo
rhertig
Posts: 875
Opinion:No Opinion
Price:0.00
RE: hondo
9 Jun '16
I thought the original money AGR put in they did by buying the common. They can't keep that common without us keeping ours. If they put in more money they might dilute us into just a few percent of NewCo. So perhaps having a night watch by the bell at our grave side might be advisable.
ivorsoreass
Posts: 326
Opinion:No Opinion
Price:0.00
diver
7 Jun '16
shes gone pal, it was a fun one, im still a bottom feeder though
Divermike
Posts: 3,757
Opinion:No Opinion
Price:0.00
jester
7 Jun '16
Its not over till its over ............... just trying find another straw to clutch at ......... that pigs flown away with it, damm
jester16
Posts: 7,026
Opinion:No Opinion
Price:0.00
Another theft of shareholders money
7 Jun '16
Legalised theft use shareholders money for infrastructure then take the assets..
Coggy
Posts: 13,655
Opinion:No Opinion
Price:0.00
Oh dear
7 Jun '16
Looks like the Fat Lady is about to sing.
ivorsoreass
Posts: 326
Opinion:No Opinion
Price:0.00
hondo
6 Jun '16
Its defo gonna be a prepack, AGR wont **** away the money have have put in and forget about it.
Hondo
Posts: 88
Opinion:No Opinion
Price:0.00
Administration
6 Jun '16
I get a feeling that this is going to be a pre-pack deal with AGR and Scherbank, and Jeffs and Holland, and that the present shareholders are going to get shafted. We will see; but with these directors, what else can you expect?

Hondo
Divermike
Posts: 3,757
Opinion:No Opinion
Price:0.00
8-((
6 Jun '16
Could be goodbye on the 8th Jun
ivorsoreass
Posts: 326
Opinion:No Opinion
Price:0.00
Appointment
4 Jun '16
of Administrator can only mean one thing. Its over boys, it was fun while it lasted. Good luck for the future everyone, including Oily Rag.
Hondo
Posts: 88
Opinion:No Opinion
Price:0.00
Ivor
3 Jun '16
Take a look at Companies House re possible appointment of an administrator. If it means what it appears to mean, it looks like bad news.

Hondo
Coggy
Posts: 13,655
Opinion:No Opinion
Price:0.00
Brent Crude
26 May '16
Reached $50 a bbl for the first time this year. More profit for Max.

Let's get them debts paid and re-list.
DARKBLUE
Posts: 792
Opinion:No Opinion
Price:0.00
IVOR good research
23 May '16
May be something is going on in the background but looking at the figures if it re lists there will be massive dilution /conciladation ,
Hondo
Posts: 88
Opinion:No Opinion
Price:0.00
Ivor
23 May '16
Thanks for the connection. I note that Robert Holland is back as a director. He wasn't much help when he last served and was not re-elected by shareholders. Maybe the Assaubayev deal is still on the table but who knows at what cost to shareholders. But then we don;t have much to lose a this point. It would be a miracle equal to Lazarus rising from the dead if this company survives with any benefit to its present shareholders.

Thanks again for the reference.

Hondo
ivorsoreass
Posts: 326
Opinion:No Opinion
Price:0.00
hondo
23 May '16
DARKBLUE
Posts: 792
Opinion:No Opinion
Price:0.00
Try company's check
23 May '16
You can see the new directors ,You also can see they have £78.4M of share holder equity but a net worth of £5M




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