Member Info for JimPrice

He replied a couple of days ago. There were a few emails that were not responded to so I flagged this up. He sounds happy to take questions and said he will respond asap. Between myself and the Mrs we have bought over 13m shares here so not a small holding by any means

I have tried to engage him this week with a set of questions and he has replied saying he will get back to me ASAP. I'm backing him and MXO and expect some serious engagement.

they fell apart. No longer on the same page. TW recently wrote something against BMD.

Zak the knife who wrote that article is not the same as Zak Mir. The latter is associated with Steffy the organiser of yesterday's event. BMD has no association with Winnifrith, he is an assocaite of Chris Oil. I think both BMD and Chris Oil have taken a big chunk in the recent placing,

1.25m sell yesterday and 1.23m today both below the printed bid at the time. Thin liquidity hence the movement down. Will bounce back hard on next news. We know how quick this moves, just Stefan needs to get his finger out!

I believe a CPR is being worked. A friend of mine who closely follows Panoro is under the impression that news on the CPR is imminent.

Our paying interest is 6.67% but revenue interest is 5% FYI, Panoro have a paying interest of 16.7% which is quite high which is why they probably defaulted on the payments in the first instance

FYI, our revenue interest is 5% not 6.7%. Still lots of value on that basis as per my calculations last week. The Brent price is really inspiring confidence in the sector especially with OPEC and Russia agreeing yesterday to extend their agreement to curb supply into 2019.

They'll certainly have a story to tell as those warrants at 6.5p will need to be exercised within one year. These warrants are the incentives for JP's cornerstone investors. I reckon the Asian play could be very large indeed hence justifying the mcap. Looking forward to seeing the story unfold over the coming months

Having listened to Parson's latest investor presentation last month I am pretty sure the new acquisition is non-european. I feel Asia is where they are looking.

Great news, significant gas discovery at Selva which will merge under the Coro assets, 63% interest in that. Nice, now let's get his relisting in order

£80m mcap, think we need to keep feet on the ground at the moment! I think the 'other investments' could be the key. Currently we are a one trick pony and the market may want to see a little diversification to reduce exposure/risk. They must have some plans in place already, why would you call an EGM in September to amend our investment strategy without a project in mind? It's been 4 months since so could be something significant. Zhang Hao also increasing to an 18% holding simply on AJE doesn't sound quite right. It's watch and wait for now...

http://www.thejakartapost.com/news/2018/01/10/indonesia-sets-sights-on-17-04b-oil-and-gas-investment-in-2018.html

The fact that no one on twitter is talking MXO is a very positive sign too. No pump and dumpers or 'flippers' here. It's a sleeping stock and will wake up sooner rather than later imo. The JV dispute resolution IS material, Brent going up IS material, cornerstone investment with no death spiral terms here IS material, yet the market doesn't want to know, couldn't make it up! Anyhow I'm still buying so not complaining. Good luck folks, it's been a good BB here over the past 2 years, when the trolls arrive we will be in he money

Shot sentiment mate but we all know how quickly that can switch in the wild world of AIM. Mayan at one point was written off by the market and became very illiquid, a few positive comms from company turned things on its head. That is a non revenue producer even now after 3 bagging. MXO is backed by a quality asset with revenue production in a recovering sector, Mr Olivier just needs to get his act together and when he does I have no doubt 1.5p will be back in short order. The best time to buy is when the market doesn't want to know, I picked up millions of MYN shares sub 0.3p over a two month period and am doing the same here.

I have a friend with an eye on MXO. When he buys he usually goes large. Not sure if he will be taking stock for sure but if he does you'll know. Keep eyes peeled

Our revenue interest is 5% which is what my calculations are based on.

We are currently producing in the range of 7000-9000 bopd. Conservative estimates of our revenue / profit is: 7000 * 0.05 = 350 bopd (MXO interest) AJE sells at a premium to Brent, say $72. Revenue: 350 * $72 = $25200 Revenue per annum: $25200 * 365 = $9,198,000 Conservative breakeven of $45 which leaves a profit of $27 per barrel = $3,449,250 profit per annum ---------------------------------------------------------------------------------------------------------------------------------------- Upper estimates of our revenue / profit is: 9000 * 0.05 = 450 bopd (MXO interest) AJE sells at a premium to Brent, say $72. Revenue: 450 * $72 = $32400 Revenue per annum: $32400 * 365 = $11,826,000 Breakeven of $34 which leaves a profit of $38 per barrel = $6,241,500 profit per annum ---------------------------------------------------------------------------------------------------------------------------------------- Current Mcap: �13m. Grossly undervalued.

"Potential for OGO discovery structure on contiguous block OPL 310, which has P50 gross recoverable resources estimated at 774mmboe, to extend into OML 113 - based on historic seismic data." "The results of the interpretation of new 3-D seismic data to determine the possible extension of the OGO discovery over the OML 113 acreage which has the potential to have a material impact on OML 113's reserve numbers"

Assessed economics of Aje Field � Low breakeven oil price of US$31 at 0% discount rate or US$45 using 10% discount rate � Interest valued at US$55.1 million NPV (0) or US$31.5 million NPV (10) based on a recently completed CPR assuming US$70 oil price