Member Info for Medjed

What was the mcap of Maxwell Technologies? Around $200m? That’s £155m

That lofty aim would be 5p per share for CPX with current share float.

Don’t get me wrong I would be very happy but realistically I don’t see that kind if mcap & sp happening any time soon.

I’m praying that next drill is a blockbuster!

Just did the calc I need 27.5p to recover last year’s trading losses, COPL, PREM and HARL being my biggest losers.

I’m betting on a sp pump before the next placing, based on real or fake news.

And we know George only does a small placing discounts of 10% - 15%

Thanks Make, you make a good point :)

So with 1208b shares currently, that 7p+ forecast is now equivalent to around 1.7p

Still amazing! I cant wait for my salary this month I want to buy more

Investor33 I completely agree!

Just pointing out that taking sp from the past is not realistic. At least use the Mcap, that’s slightly better.

I hope the sp will adjust soon because even with averaging down I am still underwater.

That was when chocked for the pressure test. Peak was over 800bopd

At least copy the whole quote don’t take snippets out of context

“ The peak production recorded during the test was 821 barrels of oil per day ("bopd"). For the main flow period, the well was choked back on an 0.3-inchchoke to optimise the collection of pressure data. Through this period, the well flowed at an average rate of 200 bopd with a well head flowing pressure of 250 psi”

Yes but a year ago there were ‘only’ 1.1b shares.

5.5p is the new 7p from last year

Newbie, you signed off as Clown, perfect! 🤣🤣

At least you know who you are 🤣

p.s. I’m not invested ;)

“ lovely 28% spread”

Stop spreading bs, or change your broker.

The spread is only 3% on IG. 3.6p to sell 3.69p to buy

Jag you’re so naive. Even if nothing has happened you should at least know a pump (fake or real) is coming before the placing.

Better close that short ;)

How is Fraser going to own it very soon in 4 trading days when JD owns 75% of the company?

Somehow I don’t think JD wants to sell it.

“ Time to increase short ”

Please do shorties, please do!

Wwwwwipeout time for you soon 🤣

Have they all exited? Where can we check?

Stas I agree with your post too. I just think short term 8p is more likely. 26p I would expect when production is in full swing at 1000’s of barrels per day.

Agreed no pint quoting historical sp, quote mcap instead. Back in Feb 2017 when sp hit 38p there were 288m shares in issue, mcap would have been £109m

Today there are 1420m shares in issue so an equivalent mcap would equate to 7.7p per share.

When is last day of trading? Next week?

Shame George doesn’t give Prem another CEO loan. That would inspire much more confidence than another placing.

Is it obtainable is not the only factor.

It could be obtainable at break even or a loss therefore uneconomical.

One scenario here could be too slow flow rate compared to ongoing costs (inc debt repayments)

Yes Jag, but what was the sp at the time?

So they went with the 5p placing which only Dunk can participate in?

A final F U to the loyal shareholders with their pre-emption rights disapplied so they can’t even average down.