Member Info for Kullybahia

I think that is resolved on Monday 24 September, not 100% .Beaufort were short in the stock, and a lot of other stocks.

Yes mate, we are all here for Spain, but the assets don't reflect £4m mcap value. Just getting Romania into production says £8-10 m mcap. Frustration at the BOD for lack of info, no deals to buy a producer, so to be cash generative?Could have drilled 3 wells on Romania, and had €2m in revenue, instead of Italy 17%. Still it's all about Spain, hopefully we'll know by March next year, what, how much and when?

Why didn't the BOD just raise and develop Romania, after failure in Poland? With a well taking less than a year into production from spud.Then bought a couple of wells, and drilled a few more ready for permit approval. Then they could have looked at other assets, with ££ in the bank, relying on other operators is never easy, plus you don't know their financial situation. The BOD took on too much, too quick and now can't develop without shareholder dilution. The BOD don't have serious skin in the game(only 95m warrants ). What ever does ED do now, he's gotta pull some sort of deal,whatever that is.

ED needs to pull off a deal, wether to sell an asset, in order to make another asset into regular revenue. The market is pricing in a raise, hence the low sp, nothing anyone can do about that. Whoever goes to Momentous, must ask these questions, if assets are worth 2.2p, why is the sp 0.36p?

The difference is the company is getting it's products into major retail outlets. That wasn't happening last year, due to tie up with Superdrug. Some selling into the rise,but it will come back. Only 14.4m shares in issue, hence massive swing. A massive trade has been put thru ( buy or sell) we'll find out soon enough.

Sorry, forgot that. So basically LSE is also corrupt, as are MM'S. Clearly walked the sp down to fill the order. SP to sell @ the time was £1.60, not £1.48 to buy?

At 15.22 the sp was £1.60 to sell, yet this order was filled to buy @ £1.48 .Aim is so corrupt.

Clearly an order filled. MM'S walked the sp down to fill it . Basically Aim games, back up she goes.

Buyers back. @15.30 this afternoon, expecting the sp to casually walk back up tomorrow and rise into next week.

Most invested here are underwater, we all want to make ££ from this company. ED needs to pull off a deal, to bring in much needed revenue. Some suggestions by me in previous messages, perhaps UOG raising £3m for what? £4m mcap is ridiculous, and should be treble this.

Could sell % in Selva to UOG, and use the ££ to buyout Raffles % in Bainet 1,and also a nearby producing well? Then become an Operator, not just an investment company. That would create shareholder value, and bring in much needed revenue? Hope ED has some sort of strategy in place?

Buying out Raffles 50 % makes sense. Production granted, and £1.2m in revenue. Possibly buy another nearby producing well? And drill a follow up well(one has been part of the licence agreement to drill on Suceva). Still the BOD have options to create shareholder value, shall wait and see. Clearly the BOD need to be more honest and transparent, if they are to get investors confidence.

Maybe some investors can ask ED what the BOD are going to do to generate shareholder value? Hopefully he has something lined up?Maybe buy out Raffles 50% share of Bainet well? Hope something positive, he could leverage the income from Bainet well, and become the Operator?

The Skinny Tan range will underpin the company in the short-meduim term. While other brands are being prepped for future growth. A great long term hold, and no mention of raising £, supply issues resolved, and footprint expanding.

Let's face reality, Tesorillo is worth £75m+ to Pxog. Depends on if successful and how much in the ground? It's what will make ££ for the shareholders and the BOD(with 95m warrants). Suceva is pretty good, if they can get production, and more proven wells. By the time Suceva is in production it will be 2020? Might ss well sell the 17% to UOG, and concentrate on Tesorillo, for all its worth. Then drill Tesorillo, if successful easily raise money for follow up drill, and wait for a takeover. Can't be that difficult to ask ED @ Momentous on Saturday, what, when, how and why?

Think for the coming year, it hinges on how successful Roots will become? Yes, BOOTS AND TESCO lined up in November in outlets. And further info on other major outlets? Gotta be more important than Skinny Tan, regarding its a premium brand product.

Unfortunately the sp being down for over 9 months, is because the company has too much to do with little funding. It's great to have 2 proven assets, but they need time before Selva production commences. Tesorillo's partners are happy to sell 49.9% to Pxog, providing we pay for all the drill costs and seismics of the 1st drill. Selva could be sold to UOG, this would free up cash, and fund another Romania drill. The rest of the funds would pay for most of Tesorillo, with a little fund raising at a higher sp? Surely the scenario has been talked about by the BOD? But the BOD have 93m warrants, so why do they need skin in the company, they are getting a free ride on the back of long suffering shareholders.

Some top slicing @ these prices. Was inevitable, but tomorrow is Final year Results. And any update on Skinny Tan and Roots will be most eagerly awaited by investors.

The company has too many assets, all requiring various levels of investment. Romania was good to drill and hook into the grid within 10 months of spud. Multiple follow up targets would have been revenue enhancing, and great for investor sentiment. Italy isn't even 2019, drilled January 2018 and minimum 2020 to being a producer. Spain is the real company maker and eventual buyout, by a larger company. The BOD should sell Italy asset as soon as Spain has been identified as a great asset. Selling Italy would free up money to drill Romania, and further enhance the balance sheet.

If Pxog had just the Romania asset, and multiple follow up drills, the sp would be similar to Clon today. But unfortunately the Italian asset is coming online in 2020 , that's a further delay. Tesorillo in Spain has further work before the company knows the geology. Spanish news is the catalyst for the company, and to give investors confidence.