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Max Petrol Share Chat (MXP)



Share Price: 1.155Bid: 1.11Ask: 1.20Change: -0.02 (-1.70%)Faller - Max Petrol
Spread: 0.09Spread as %: 8.11%Open: 1.10High: 1.155Low: 1.155Yesterday’s Close: 1.175


Share Discussion for Max Petrol (MXP)


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logical2010
Posts: 1,854
Off Topic
Opinion:No Opinion
Price:1.18
Kazak director didn't resign
Tue 20:26
Could be a good strategic move from AGR, if we can get rid of that idiot tom Randall we could have a new look exec board with funding from AGR who hopefully know how to finish Nur-1
 
logical2010
Posts: 1,854
Off Topic
Opinion:No Opinion
Price:1.18
Voting Results
Tue 20:22
It took a phone call to the company to find it via the investor link buried at the end of the 2014 annual report page 103.

http://www.maxpetroleum.com/uploads/2014annualreport-final%5B0%5D.pdf

1. - APPROVED
To receive the report of the Directors and the audited accounts for the financial period ended 31 March 2014

2. - REJECTED
To re-appoint Mr. Robert B. Holland III as a director.

3. - REJECTED
To re-appoint Mr. David R. Belding as a director.

4. - APPROVED
To re-appoint PricewaterhouseCoopers LLP as auditors of the Company until the conclusion of the
next general meeting at which accounts are laid before the Company.

5. - APPROVED
To authorise the Directors to determine the auditors’ remuneration.

6. - REJECTED
To ratify the share option awards made on 27 May 2014 to non-executive directors, being,
9,000,000 options in aggregate, each exercisable at an exercise price of 1.2p per ordinary share, of
which one third are exercisable in equal amounts on the first, second and third anniversaries of the
date of grant, with a term of four years such that any unexercised options will expire on 27 May 2018.

7. - REJECTED
That the Directors be and are hereby authorised generally and unconditionally to exercise all the
powers of the Company to allot Relevant Securities (as defined in the Notice of Annual General
Meeting dated 28 August 2014 (the “Notice”)) up to a maximum aggregate nominal value of
£43,506.10 (as described in the Notice as resolution 7 parts (a) and (b)). Special Resolutions

8. - REJECTED
That the Directors be and are hereby empowered to allot equity securities (as defined in section
560 of the Companies Act 2006 (the “Act”)) for cash pursuant to the authority conferred by
resolution 7 as if section 561 of the Act did not apply to such allotment, provided that this power
shall be limited to allotments (a) in connection with a rights issue or other pre-emptive offer and (b)
equity securities up to an aggregate nominal value of £21,753.05 (as described in the Notice as
resolution 8 parts (a) and (b)).
logical2010
Posts: 1,854
Off Topic
Opinion:No Opinion
Price:1.18
Quite Good AGM
Tue 20:21
I must say I approve of the voting for/against today. The deal from AGR is still to be voted on in October. After already getting rid of mike young, seems today they have voted to get rid of some more fat cats, who basically decided to resign if they didn't get their own way on future decisions and the share allotments ....personally think they jumped before they were pushed as AGR will not let them keep taking their fat cat salary and failing ! For the size of our market cap we have plenty enough COO CFO level people to steer max and their repayments .like the fact the shares at 1.2p to the non exec got voted against, Robert holland has done nothing for his money either.
Bill7
Posts: 8
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.17
AGM
Tue 08:28
When in Oct is the AGM ?
Dangelous
Posts: 77
Off Topic
Opinion:No Opinion
Price:1.16
If
Mon 10:46
I had as many share in lgo as I do mxp is be retiring now haha ! Only had £2k to spare for lgo but any profit is a good profit as they say
georgesaa
Posts: 1,655
Off Topic
Opinion:No Opinion
Price:1.18
flawless
Mon 07:55
M8 i hope so..sank 10k in here..gutted lol.did this n roxi at same time on the basis that one should hit.bottom drawer for now.
FlawlessKicks
Posts: 6,387
Answer
Opinion:No Opinion
Price:1.18
Georgesaa
Sun 21:39
Just read back through the posts and see you bought in a while ago. Your average is not bad and if the new funding comes in it could easily get past that level. Might buy in before the AGM. 50/50 punt for possibly a grand or two and increase if there is a positive result. Rxp is the big one for me right now. It could be huge within 12 months if things go as planned.
FlawlessKicks
Posts: 6,387
Question
Opinion:No Opinion
Price:1.18
Georgesaa
Sun 21:24
When did you buy here? I was in about 5 years ago when they were drilling the shallows. Thinking of having a punt at this price. If the funding issues are worked out, could be worth a try.
georgesaa
Posts: 1,655
Off Topic
Opinion:No Opinion
Price:1.18
blimey
Sat 19:32
Ppl posting on the mxp board!! I hold here and its well down :(



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