Member Info for Gunner1

A good start would be the selva revised cpr,.... people saying on twitter its possibly 3 times bigger than original estimate, don't know the truth in it but I would probably estimate 3 times our SP on reserves booked aimho !

Ed ! Time to get this show on the road eh! We are approaching August and you have given us nothing on Sp value triggers of note ? Dragging feet is not good enough ...when you allude to these events within a time frame then you must deliver or the market will punish value ! Aimho and dyor

****e I’m still confident we will prevail and soon ! MMS nave is right where they want us tbh

We all know Pxog represents a massive upside with all 3 fronts, Spain being the game changer to a degree although I think Italy will be huge and our bread and butter once producing. The question marks arise when we ask ourselves where and when is the money coming for Spain ? It’s 1.7 mill for acquisition of 49% and then we got to drill the sweet spot ! How much more including working capital wages etc is required and how will we raise it ? Ed’s not been clear about this and for institutions and pi,s this needs to be put on the table. Why would anyone or any company start to pump money in when we could possibly be diluting to the tune of 2 or 3 million ? I hope revenue from Romania changes our position and we can borrow funds etc but it’s dragging its heels and Spain requires capital to move forward. It’s the catch 22 and why I think the Sp action is somewhat muted today. Amigo and dyor ..gla

Holding this back imho, the bod doing what they can but if you put forward the company stall you’ve got to deliver and us and the market still wait !

0.5 is merely a stepping stone, when news falls this will motor. It’s now so undervalued and oversold it’s mcap should be 5 times current standing. It beggars belief we are on the verge of being a producer. The market has to wake up soon with multiple news fronts about to arrive. Looking forward to the SP auctions when all finally drops into place. Gla and aimho

in general chit chat about pxog raising late 2018, I don't see this as a given once we are receiving revenue from Romania and reserves are booked from Italy. isn't the whole purpose of an income stream and proven assets a means of looking at alternate options such as loans from banks or institutions ? just my pennies worth on the matter. aimho etc.

Tick tock ...just a matter of when not if on arrival of news a plenty ...gla hope to see some upward pressure on the SP imminently ! aimho

having a giraffe ! blue finish anyone ? :-) gla

I know I’m only assuming but with director buys and news on multiple fronts I have a feeling that this coming week is going to be pxog’s big week / weeks. Directors don’t buy for nothing ! Gla atvb.

Looks to be taking a breather, strong finish would be nice and set up for next week and possible news flow to push this into Penny land. Pve up 17% yesterday so must be news coming soon imho ! As they say the market always knows first but aimho and gla

pve up ! And Ed reckons Spain potentially worth half a billion and not long before we up our stake and hatch the plan ! Romania puts us in a new category of producer and collecting revenue. Could be so much more to come here including additional wells in both Italy and Romania. Valued at 2.2 p before Spain this is looking like a no brainier now especially as the directors have bought in on confidence. GLA aimho etc

Yes I also believe there was to be a reserves upgrade on the cards or did I read it incorrectly somewhere along the line ? thanks in advance.

does anyone know roughly when the Italian update news is due ? I think it was this month ? cant quite remember

yes but only just in time ! didn't prosper any. But too good to miss !

to see director buys two days in a row, they are also peddling the PR front. Things starting to look up and news around the corner. Once we get the 2nd stake in spain I reckon this will motor, not to mention all the other news coming and what it may / will do for the SP ..aimho and gla.

Ok me happy now ...will shut me mouth ...well done Ed !

I can smell it ...cmon Ed and cmon England !

Could someone ask the directors why they haven’t bought at these low levels and what is there reasoning for not buying and showing confidence in their own abilities ?

Nice report and quite detailed and aslo good there is more PR, but hasn't done much for todays SP ! unfortunately !.