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Xcite Energy Share Chat (XEL)



Share Price: 13.25Bid: 12.50Ask: 14.00Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 1.50Spread as %: 12.00%Open: 13.75High: 0.00Low: 0.00Yesterday’s Close: 13.25


Share Discussion for Xcite Energy


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kevkan
Posts: 224
Off Topic
Opinion:No Opinion
Price:13.25
RE: Thoughts
Today 12:11
Legends
Thanks for your reply note I did say they have done a fantastic job bringing it this far, maybe they just need some help to jump the final hurdle. In no way do they deserve to be pushed to one side but they could consider supporting an unbiased negotiator to bring it to a conclusion. As you point out It could all come good but I / we have been waiting a long time procrastination no longer fits the bill
 
tyla
Posts: 411
Off Topic
Opinion:No Opinion
Price:13.25
mistake
Today 11:41
Ahh! sorry, big mistake! Well 5 mil then. Then the rest of mypost as you find it.
toxicnerve
Posts: 1,891
Off Topic
Opinion:No Opinion
Price:13.25
RE: Thoughts
Today 11:30
CC
'...he bondholders already insisted that the company re-write it's articles of incorporation and have demanded that any future director appointees submit an undated letter of resignation upon appointment.'

Here here to that & IMO should, if implemented, be extended to ALL top level directors ie CEO & CFO plus all NEDS!
ceilingcat
Posts: 2,042
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:13.25
RE: Thoughts
Today 11:26
Funny you should mention heads of agreement, weren't you promising that 18 months ago?

Kevkan, the bondholders already insisted that the company re-write it's articles of incorporation and have demanded that any future director appointees submit an undated letter of resignation upon appointment.

It's entirely possible, given their strong hand, they will insist upon board level changes as part of any bond renegotiation, but that all rather depends on their attitude towards current company management, and we won't know until anything has been decided!
ceilingcat
Posts: 2,042
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:13.25
RE: who knows
Today 11:24
310 million shares with a share price of 1.5p does not give a market cap of under £500,000. You're off by a factor of ten.
tyla
Posts: 411
Off Topic
Opinion:No Opinion
Price:13.25
who knows
Today 11:19
Well, if you are correct, that is an mcap of under £500,000. Everyone to their own, make your own decisions as no one other than the ceo really know whats going on behind the scenes.
ceilingcat
Posts: 2,042
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:13.25
RE: BP
Today 11:17
That's right! Because in the topsy-turvy world that is inhabited by Xcite shareholders:

no means yes.
no additional collaboration means yes, lots of secret collaboration but, obviously, we can't tell anyone about it, so we'll just deny everything.
The less time the company has to find a partner and pay off the bondholders, the more reassuring it is.

Did I miss any?
Rivendell666
Posts: 4,531
Observation
Opinion:No Opinion
Price:13.25
BP
Today 10:46
""....BP wants to take a lead in enhanced oil recovery and seismic imaging. It wants to stop doing Arctic exploration and heavy oil. ""

http://www.digitalenergyjournal.com/n/BPs_head_of_EOR_John_Peak_on_low_sal_water_computer_modelling_tech_approach/dc00b6ff.aspx

So we're maybe not top of their TTD list.

Or, it might be a bluff since SK seems to have cracked the HO xtraction of Bentley and for a few hundred million might add to their IP collection ....??.....

(and boost their P1 reserves as well)
bonker99
Posts: 24,020
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:13.25
RE: Watch out
Today 09:51
FWIW, my take is that until she goes >15p you've gotta avoid this ...

I've downgraded my must-buy target to 1.5p ...

FYI, I see December this year as a possible inflection timescale and I take note that will be a full 12 months after they dumped the Canadians ...

FWIW, again, this perspective on the chart goes all the way back to the 2011 drop so read into that what you will .........
LEGENDS
Posts: 1,216
Off Topic
Opinion:No Opinion
Price:13.25
EOR
Today 09:24
https://www.chevron.com/stories?tags=heavy%20oil

Chevron have years of Hevy Oil experience-
http://www.chevronunitedkingdom.com/our-businesses/operated-assets/captain/

It was very good of them to share data with Xcite a few years ago.




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