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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Member Info for Photomic1962


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Member Since: Tue, 17th Apr 2007

Number of Share Chat Posts (all time): 5,921
Number of Share Chat Posts (last 30 days): 14

Last Posted: Tue 11:44


Post Distribution over the last 30 days




Tue 11:44

Is it Chinaman or Chinese Man? A Chinaman would shatter if knocked off the mantlepiece :(
Mon 16:54

Probably Chinese!!
17 Feb '17

Don't be surprised, its the nature of the Beast. With the dilution it was expected. It will recover, but until more revenue comes in soon and the Drill succeeds, it's going to hang around at this lever for a bit longer. MXO is only a tiny Oiler, so until it really starts buzzing...and you are correct....we HOPE the Chinese will drive it up further. A fair way to go before 2p appears again.
15 Feb '17

remains to be seen. Re. my post last week, I did say that the next RNS would be ok if it wasn't a placing. It's huge, so you can wave goodbye to any significant rise for a very long time now. Had to happen, but it also depends what it would generate in terms of cash to MXO. Drills costs a mint, it may be worth it longer term, if the Pluses off set Minuses, we may be ok. By the time the cash is used up, there will probably be another cash call and we'll end up with billions of shares in issue and an SP less than 2p for many many months :(

It's all fairly predictable, but by the middle of the year, we will see if the SP has gone above 2p. I hope so, as Dr Hon and his cronies are going to want value for money. I am pleased the Chinese are well in, as if they weren't, this SP could languish forever!! The SP will recover to 'Plus' quickly today/tomorrow once it get's over the 'shock', then it will drop by many % once it's activated. Not counting any Chickens with MXO for now.
13 Feb '17

More rises lately, less harsh drops, so clearly, it's gaining momentum. Let's hope that there's a run of news to maintain the impetus. Lot's in the pipeline, so it's encouraging the SP to be a little more stable than of late. (At last).
13 Feb '17

Stefan needs a good Nagging. Tell him to get his finger out. You may get a response of sorts?
10 Feb '17

Pound to a penny it doesn't happen!! Light the Blue Touch paper and Phut! Although news may drop, I think the SP will stay about the same +/- 1/4 penny. Lets hope it's not Placing news :(
9 Feb '17

Usual old Chestnut here. Up one day, down the next...one step forward, one back or even two! Thing I have learned about this share is that for a while yet, it's unlikely to be as good as the hype suggests. If you all 'will' it to go down just to get a low buy price (not a 'cheap' price), it may rise a little.

There may be some signs of life in the old Dog soon?!!
6 Feb '17

the product it sells? No point in trying to predict this share, guesses are what they are. Invariably, over optimistic. We DO know it will go up and down, usually not far enough up but often too far down! Two or three months down the line, may give us some idea where we're heading and whether or not we've all be had! So many people have been shafted on the AIM, will MXO prove any different....maybe?
4 Feb '17

Hi Volley, hope you are OK?

A 'What if', scenario, moot point there though but I suppose it's possible. However, I don't think they need to, there's big money in it without having to go that low. They'd be better off leaving it and attract more investment by just taking FULL control as is. Later on, (as mentioned a while back), they could do better by taking the whole thing private away from AIM, then reap the benefits of selling the whole thing on or gaining from increased price sales. Basically, I'm guessing as nobody know's what plans they have, Anything's possible!


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