Roxi Petroleum Share Chat (RXP)

Lets hope so buddy. Still have a small holding in here. Have you topped up on BTC yet

Some interest being shown today. News must be imminent.

Sorry the last numbers were not for Roxi but the question on spudding still stands.

Would it make the SP go up if they had spudded? Surely not as we Know it should be spudded soon.

The buys were over 700000 and sells around 100000 so why is this SP not going up.

Thanks for the reply. Who Knows? Just a gut feeling having seen this with a number of other oilies. If my instinct says get out then I do...some you win and some you lose as you rightly say.

Good luck - this could equally hit 10p very soon as much as it could hit 5p again.

You know this share and respect your views. I agree no RNS is concerning, I am considering my position too.

Difficult call. A pure Heads you lose and tails you win....Will toss later. CU

Those who have read my posts on here will know I have been very bullish on RXP despite the mega drop in SP. I bought all the way down as I was certain RXP would come back strongly but recently I have become bearish here.

I am deeply concerned by the lack of news on 806 spudding. It is not right to keep investors in the dark when you claim spudding within two weeks. The rise last Friday was sensational but the news released on Tuesday IMO did not warrant the rise. TBH, it was news of little value as we already figured the paper trail was in action with the authorities - we needed to know that we had been given the go ahead for the deal. It was nothing new imo and the markets told the story - they didn't flinch.

It may be that spudding news comes this week and all is fine, but I suspect if it is fine it they will have had issues in the last few weeks and have resolved them in time to come to market with good news and thus avoided telling us of any difficulties. If it is not fine they will have to let us know...you would hope.

I completed the selling of my holding on Wednesday. I sold most toward the end of last Friday at over 7.5p. This may be the worst call in history given the potential news flow but at least I made a profit.

I will watch carefully and wait for news now. I will be back if I feel its right. I note that at the time of writing, some decent buys are starting to come in.

Good luck to those who are invested. The prospects on paper still look as exciting as they did...

All in my opinion, no advice intended and please do your own research.

ever happens fast at Roxi.. Perhaps they can't remember how to put the bit in the hole...Life is much less stressful when nothing happens and cannot remember how to type B@@M

Must be next week whether it is good or not. You can't say spudding within two weeks then not inform people as to what has occurred? If no news tomorrow then nearly two weeks overdue...

So only me who is the slightest bit concerned that spudding within two weeks has not yet materialised over three weeks later OR that BNG results due by end of July have not been delivered...guess its my MTA battle hardened brain working overtime...