Member Info for badeli

I have spent some time with a friend in the financial sector who was unaware of MXCP but was sufficiently intrigued to delve into it. His contacts say a broker note is on its way and also says information is hard to come by at the moment as 'the company is in a blackout period' which he interprets as a sign of an impending announcement. I know no more than that and it may be nothing but I have no doubt that what has been said to me is an honest and informed view. Very interesting!

I have found Hargreaves Lansdowne really helpful and easy to work with - I have lodged £10K across two ISAs and applied for 200000 shares in each. I live in hope that I will get them but have been assured that the cash will be available to me to withdraw again virtually immediately once the end of the offer period is reached if I am not successful.

What is the view about the effect on the share price of the completion of the share placing on June 2? Is the consensus that the price will dip towards 2.50 for short period or is it just as likely that it will have no effect given the very positive view of the company's short and medium term prospects?

I must say I am tempted to go for about £5K in the hope of getting them - they seem to good to turn down at that price. Thanks for all the interesting comments, I am happy with caveat emptor and I will let you all know what happens. Anyone else doing the same?

I usually assume that placings are for IIs only but have just noticed an email in my HL account inviting me to apply for as many shares in MXCP as I wish at a price of 2.5p with a closing date for applications of 29 May. It may be that everyone else on the board is aware of this offer but I have to say it is a pleasant surprise for me. Why was there not more discussion about this when the RNS was announced? Anyway I cannot see any reason why I would not free up some funds and apply although there is of course the rider that I might not be allocated as many as I wish (or perhaps any at all?). It seems like a very easy decision at least to apply, is that the general feeling?

I would be interested to know if any of the long-term holders have invested in Pinnacle since last week's MXCP RNS. The share price spiked on the news but has now fallen back and, having read what I can find, it looks attractive assuming the MXCP strategy works as we would expect. It appears to have been on the road to nowhere but MXCP have clearly seen something and I am now considering investing. Has anyone else had similar thoughts?

Yesterday's Midas article in the Daily Mail should alert more PIs to the potential of MXCP. We all know we cannot believe everything we read but the article came across as balanced and relatively understated while at the same time emphasising the pedigree and track record of the very experienced management team. Those of us who are long-term holders of MXCP, and also in many cases of CTP, will not have learned anything new but the more widely the story is known the better it will be for everyone who is invested as the demand for shares increases.

An excellent day in the development of MXCP - the price drop close to the 2.5 placing price was predictable and not of any consequence in the longer term, the price will soon recover and move forward strongly as the team begins to invest the £27+ million pounds now available which they have said they are actively planning to use within a relatively short period. The success of their recent buy and sell strategy is testament to the way they work. I took the opportunity to invest another £6K plus today at an average of just over 3.05 and am confident that I will be rewarded. Good luck, all holders, the journey is only just starting

Another step forward which reinforces my confidence in the progress being made by MXCP and, as has been said already, leads to more money in the bank for future investments which will in themselves contribute to the growth of reserves and the consequent ability to generate further business opportunities. Very much the virtuous circle which I believe will lead to a significant increase in the share price which remains an incredible bargain, although not I suspect for much longer as the pace of growth picks up.

Good morning all, looking forward to continuing progress as MXCP develops its portfolio of investments. Good to await the next positive RNS without any sense of foreboding as I used to have when I was more into oilies. By the way, does anyone know where Jimarth is? Jim, hope you are OK as I and others valued your views and comments. It would be good to know you are still around even if not posting at the moment.

It is great to see both MXCP and CTP moving forward in a coherent and structured manner. They complement each other in many ways and their shared management expertise will be increasingly important as they develop. I am glad I topped up in both last week and look forward to market reaction today and through the week.

KUMS, I agree with your comments and also bought more yesterday. The Calyx news reinforces my confidence in the ability of MXCP to make very significant progress in a relatively short time period which will be to the benefit of all shareholders.