Member Info for leftie

Very little. For a well researched investor there is little detail on the WED deal and therefore nothing that indicates that this is going places. For the poorly researched investor one look at the graph will keep you away. No directors buys No communications Sadly for the bunch of us who still hold here its grim. I would like my faith to be restored knowing that someone at the top is busting a gut to get this moving. But do the constraints of the WED deal mean that despite busting a gut we have to wait for investors cash before participating. The lack of detail or plan is frustrating...

I have been hoping to get some comfort via an operations update, but looking back at prevous RNS's I see that the quarterly updates stopped after Q2 last year. Either a policy has changed or something else changed by the WED deal. I am like others on here, we see the SP falling away and see little of any detail of what this significant change is going to bring. Is a crumb of comfort or some other information to us Long term holders as she is so keen to consider in her RNS's too much to ask for?

Its not a large change but its a good price to get in at.. Well done someone...

We have not had a red dot for ages... too long in my opinion... Has anyone got a crystal ball they can look into so I can avoid my daily morning disappointment when I check for a red dot and find none I think 28th March but my timing is appalling (i.e. my first investment into this was in 2012)

Possibly, but so are NTOG's who have an article that is almost word for word that of MAGP's. I imagine half of AIM will probably have the same article. Its clever computer generated click bait from simplywall.st. We are probably the first human eyes the article has ever seen.

How long will 4p hold? We seem to be bumping along at the bottom of the spread for a while now. Couple more sells and the bid will surely drop into the 3's. Unless dear RITA can pull something out of the hat, which i unlikely as the next RNS must be the overdue update which is unlikely to provide a stunning outlook... Hunker down for some time to come...

A good summary... You were right about inflation data and also right that Gold should raise on the back of it.

Oil and a bit of gas hopefully! Given that activity is still light at the moment despite RITA's repeated assertions of what is around the corner I thought I would look into what is likely to be coming soon 1. Extra tranche of cash for more participation's? I presume that there are other operators who are asking Rita to fund her %age of new drills. 2. Presentation - see above we need to know what the company focus is now that we have significant funding. Clearly the plan will have been crystallized when signing the WED deal - is our plan to still prove up our acreage? Are other acquisitions possible as with the previous plan? 3. Director dealing - will Rita's dip into her pocket and buy more stock on 26th April as has been the pattern in recent years. 4. Reserves report - May time? Anything else to look forward to?

The MM's are probably just trying to drum up a bit of trade. Look at the trade history you can still see trades from the beginning of January on there. Tumbleweed springs to mind... Come one RITA prove that you can take this company somewhere..

Ar$e. didn't see todays RNS coming.. Ah well some you win some you lose...

The money is in place thank to the WED deal, although how it is accessed is not clear We have excellent land with oil and gas just waiting to be drilled We have proof that there is oil and gas We have for the first time in a few years a bullish looking outlook for the POO We have a flat lining SP partly due to a lack of a plan... Can the loyal LTH get some indication that the company is moving forward. Some indication that now Rita is in control we can progress. I have seen nothing so far.

I don't know what they are after. PAF are in a strong position so hopefully they should be able to negotiate a deal that is in their favour.

Interesting RNS regarding the company potentially buying some of the now defunct ASA stock... I was concerned about the title, but the content looks positive. Has anyone more knowledgeable or better researched than me any insights?

Initially bought in here when it was in the late teens a couple of years ago. Enjoyed the dividends and steady progress the company makes since then. I've been looking to ramp up my stake here for a while so this latest drop presented the perfect opportunity. Hopefully we can start to progress back towards the 20's on the back of an improving gold price.

There are some buys, and I cannot understand why. The buy price is at a premium to the dilution price.

So we sign off 2017 with another dilution, similar to how we finished 2016 and almost but for a few days finished off 2015. I suppose Rita can put her feet up till the new year safe in the knowledge that there is enough in the coffers to keep the company going/pay her salary. This company is providing an increasingly chastening experience...

It would be long overdue if 2018 is our year... I remain hopeful. There is something about this WED deal that I am not sure of. Something in the RNS states that "secondly an almost doubling in the EB-5 minimum investment amount — meaning we require fewer investors to reach or exceed our targets." How are MAGP going to access the funding? Is the 18.5 million available or does MAGP have to wait/attract investors? For example, if Rita put a £10M drilling schedule for 2018 on the WED desk, could she get the funds or would it be a drip drip approach as investors came on board?

9% down thank to about �2000 of sales. Wow. Wouldn't it be nice if it went up as easily...

I see that the bid has now dropped into the 4's and on top of that NTOG are having a blinding day following on from an excellent month. The trend is clearly positive over there. I suppose if you look hard enough you will find something that performs better than your investment. Although you dont have to look far! I chose MAGP over other companies such as NTOG due to the lower overheads and more reliable strategy. Despite the silence and appalling SP I still hope they can come good. NTOG may be doing well but some of the other oilies that I could have dipped randomly into 5 years ago such as RRL, NEW, NCT have been wiped off the map. MAGP still exists and has been provided with funding. I would be assured if we saw some concrete evidence of the investment being put to use. It's a bit of a dead zone around here... Nothing for the posters, nothing to attract new buyers of shares as there is nothing from the company. We can only trust that behind the scenes Rita is working away on making great use of the funding.. I hope our day comes, but at the moment its looking distant. Ho hum, back to work

With $18M of finance to work with, the long term holders on here are hoping for a similar turnaround. Although you are right its going to take some big news to get this back on peoples radars. Are there better opportunities elsewhere, almost certainly. Are they more risky, probably. MAGP still retain their crown jewels; leases on prime Oklahoma land.