Member Info for Matteh87

Seen that - no. :/

Some decent large holders over there. Like you i have not had time to check it... I too am 'trying' to hold down a day job... only 12 years in and i'm already counting down the years til retirement :-/

I'm not sure a lock in really matters with a JV or buyout? I'm sure someone will correct me if i'm wrong...

How many shares do you think is in sticky hands? I think my last calculation suggested 22% were in BOD and II hands... How many do you think are in LTHs hands? Thoughts?

Anyone of the opinion that they've put the wells on 'extended tests' for another reason? ie to give time to get other things in line? Would go hand in hand with the lack of news/twitter/strange trades etc etc. JMO BWTFDIK

Mine are... But only at the right price ;)

Until we find out what's happening with YA... A very important milestone IMO. "YA will hold 2,891 Series A Shares with the redemption value of $2,891,000 which is redeemable on 16 June 2018"

LL i've also held this theory. The 'II' that people refer to as holding a large amount IMO is actually YA. I know they don't usually keep hold of shares but there is no evidence to suggest otherwise. Fact is we don't actually know anything...

Exxon pass through their AGM later and we get an offer tomorrow morning 10p a share for the gas atleast. If only eh...

We could probably get an RNS stating a buyout at 40p per share and the sp would still refuse to move!

Romania - on target to produce in H1 and start providing revenue Italy - disappointing, originally expected H1 this year... Now potentially 18 months away but the gas is there and i am sure they will push this to come sooner. Spain - the big one that could make everyone quite a bit of money - That's what i'm here for. I am hoping Romania comes online soon so revenue is produced and no further raises are required.

I get people being a tad nervous, but as i have said many times, this is not a short term share. I do a lot of research when it comes to investing and try to speak to those in charge. I messaged Ed a while back and got a few replies. None of what he said is any different to the information we have gotten from the RNS's. An RNS costs money to issue and there is no point issuing one for absolutely no reason. News will come. Q2 is long. I asked him what he expected: "In terms becoming a producer I expect that will happen first in Romania, then Italy and then Spain" We spoke about the history of those in charge of PXOG: "The last two sales were to industry who liked the strong technical work we did. This did two things, firstly meant they could pay us well for what they acquired but if we were not acquired we were in a great place to make it a success of it ourselves. If you set out to sell something from day one you cut too many corners to get full value..." Before finishing off with: "Our game and yours should be about buying cheap risk but only risk what you can"

Waiting for PVE to update on the increase in reserves/flow rate in Italy. Then Q2 for commercialization of Romania and then Italy

At some point in Q2. April/May/June. Most likely towards the middle/end.

Understandable. My strategy is to forget about my investments until i get a notification of an RNS. I do check in here every now and then just to see what people think (positives and negatives). I like what i see here though. Spain is what i wait for.

From what i understand news isn't expected at all until Q2 which is any time between April and June. This is not a short term share - if that's what you are after.

The market is just waiting for the 2 discoveries to actually start generating revenue, which is to be expected in Q2. For me personally i will be holding until Spain news is announced to see where that will go.

Agreed. I need to update my target figures. On last calculation i had 2.2p based on Romania and Italy. That was before Italy came in better than expected. I'll hold longer term for Spain i think.

We have been given a timeline for Romania and Italy connection within Q2. Q2 for those unaware is anytime between April and June. I do not expect news April 1st and would not be surprised if it is in the last half of Q2. Either way, it will be a game changer for the company as it will allow them to continue their strategy with no need of further placings.

SRON and PO Valley is no longer happening...