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Xcite Energy Share Chat (XEL)



Share Price: 68.00Bid: 67.75Ask: 68.00Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.25Spread as %: 0.37%Open: 68.75High: 69.75Low: 67.25Yesterday’s Close: 68.00


Share Discussion for Xcite Energy (XEL)


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CHAPPI
Posts: 5,618
Observation
Opinion:No Opinion
Price:60.25
View Thread (7)
RE: RC comment
31 Mar '14
He did not use the word close. No need to discuss it.

http://www.iii.co.uk/articles/156734/xcite-slumps-despite-year-steady-progress
 
highlandsbull
Posts: 681
Observation
Opinion:No Opinion
Price:60.25
View Thread (2)
RE: CFO
31 Mar '14
One can only think that maybe the Statoil situation with Bressay and their involvement, or not, with XEL in Bentley might have come up as a last minute glitch to the best laid plans, after the timeframe leading up to his appointment. Perhaps prior to that everything looked rosey in the XEL garden. The sp's been in a downward dive since news of his job, so that sure did not help.
pg_jackson
Posts: 9
Off Topic
Opinion:No Opinion
Price:60.25
View Thread (7)
RE: RC comment
31 Mar '14
He did not use the word close. No need to discuss it.
Ducksoup
Posts: 9,585
Off Topic
Opinion:No Opinion
Price:60.25
View Thread (2)
RE: North sea oil
31 Mar '14
Funnily enough Thatcher did exactly that with coal so why the hell not?I am not ruling anything out.Plenty mates of the present government with a vested interest in fracking though i have heard.
cemoto
Posts: 800
Off Topic
Opinion:No Opinion
Price:60.25
View Thread (2)
North sea oil
31 Mar '14
I'm starting to think north sea oil is being left where it is on purpose,are we waiting for the "cheap and easy" middle east oil to start to run out before anything happens here?
Half tongue in cheek
Half serious
highlandsbull
Posts: 681
Observation
Opinion:No Opinion
Price:60.25
Re: CFO
31 Mar '14
Yep, there are a number of tantalizing scenarios one can imagine with XEL from the words and actions of the likes of RC and AF, such as in AF's case why would he accept that cfo job on the basis of being a poisoned chalice. Ditto for RC as to why XEL delayed the production prospect of 2012, and went into the expanded development plan with $700m capital requirements for same if there was any chance of it not going ahead due to lack of funding, or having a viable plan B in place. Baffling in view of the delay of positive news, on time, and the state thereby of the current sp.
ugiebear
Posts: 1,211
Observation
Opinion:No Opinion
Price:60.25
Chappi
31 Mar '14
my thoughts exactly...

ATB
CHAPPI
Posts: 5,618
Observation
Opinion:No Opinion
Price:60.25
View Thread (2)
CFO
31 Mar '14
Ugiebear, I hardly imagine AF would want a failed CFO appointment on his CV after 17 years in the financing industry, he is 44 years old, a long way off from the end of his career. Given the date he took the position he would have a jolly good idea whether taking it would be a good career move one would have thought !

If I were him and had concerns about XEL's future I would have declined the position.
highlandsbull
Posts: 681
Observation
Opinion:No Opinion
Price:60.75
View Thread (2)
RE: P.S....................
31 Mar '14
If there is an increased RBL available, like $3-400m, acceptable to DECC, and it's accessible irrespective of XEL having to jv with a major, with AMEC being accepted as the duty holder then he's got a job to do, tho some clarity as to just what he's helped put in place that's workable now would be good to know.
bonker99
Posts: 12,911
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:61.00
Scub
31 Mar '14
Nice one mate - that could work as a monthly close - big day today ........



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