Member Info for munchbox54

Actually thinking about it ... the reaction might be debentures post deal and the run up to first drill might add a few pennies.

All is not lost here but psychologically we need to see that £1 for most of us to remain calm.

It’s a bloody good job oil and gas is boyant. Otherwise we might have raised at 30p. Can’t wait to email HH and give him a piece of my filthy mind.

Wtfff is this? Really ??

Only messing Paul. You just sounded normal about a BOD for a change. I had to remind you this is LBE.

With regards to further deals I don’t think this is the case.
The raise at the moment I believe is resting on them hitting oil and then farming out on percentage They own.

Buying production is 6 months off. If they all hit sisters then they maybe forced to buy production to save face

Paul. Luv it how you are sending that message out that lbe BOD are eager to put out an rns tomorrow instead of Thursday.

Mate they could put one our next week for all I care lol. We have waited long enough. I’m just glad this slow coach is off the ground.

£1.30-1-40 raise is fine for me. Worst case £1.10 and best case £1.80 in my opinion

Excellent addition. Effectively gives us a heads up for the jaguar and Land Rover EV contracts. Anyone remember trackwise putting the jaguar and Bentley article on their LinkedIn page? Well I would consider them deals done.

Personally this is a 2-3 year hold for me. I can see many multiples of the price. All eyes will open when they land one of the big manufactures and announce the name.

This guy has links to Honda, Steve Hudson has a number of links across the sector. Man this shnizzle is getting really exciting.

Will support the sp. can see 37-38p this week.

Nice start today. Looking to test the 34p level again. Imagine the investments from Poland looking to get in when they realise what MKA are about.

To be honest after all that time moaning about buying cheap assets when oil was low and then worries asset prices had inflated with a higher price has actually played this farm in straight in to our hands.

Imagine being a fund and this deal came up 6 months ago .... they would have struggled like mad, now with oil and gas at peak it mahout just force the institutional investors to take a more brave approach and back them at a higher placing.

Also 4 drills before new year is a great incentive as oil / gas from next year will start to taper out from its Inevitable peak That’s about to come from H2 this year.

Here’s hoping we are rewarded with a minimum £1.50+ or £2 raise.

This is a beast in the making.

The deal in Poland is just the start.

Very happy. Expect a decent rise today !!!!

Personally I would rather us investors get a piece than primary bid .... that’s just desperate and plain stupid.

I would like to see a good percentage of the farm in agreements rather than a minority.

If they hit oil On the first drill this could potentially be a multibagger on its own this year especially with 4 drills pending and oil / gas looking good.

Let see if any weekend press gets a leak and publishes any potential deals. Glad it’s 3 and not 1 farm in.

I don’t see us getting any shares on this raise.

If the institutions can’t stump up £35m between them and need us to chip in then there’s something missing here.

I expect the full £35m raised at a set price.

Huge huge problem here.

£6 incoming. Something afoot.

GoodPR

https://twitter.com/mkangoresources/status/1399956928948846592?s=21

So from Q3 this year to Q4 year end we are drilling 4 wells.

So 4 drills in 6 months. That’s fantastic and in line with the oil price rise. With a £45m market cap on relist I can see this multibag on any good well results.

Changed my tone here. I’m staying put until 4th still is done.

Chanceman. You actually make it should better. True there is excitement of some sort especially with oil headed much higher in H2.

One can’t help but wish they would have added even 3,000 bopd or some sort. Production in current environment is king.

Raise at £1 is my guess where everyone is all at same position with funded drilling.

Pop on te-list possible. Let’s hope they have some state backed partners and that the % is a good chunk.

Any idea when we should be back ? I’m guessing very very soon as it’s not too complicated of a deal.

You know what ..... I just knew it.

I mentioned many times about the deal will show their ambition and they bottled it.

They couldn’t buy any asset but instead have chosen to participate in a drill ..... depending on where the drills and who the partners are I might wait for the first drill but they have gone the exact way as Faroe and that was a F bore for many years let me tell you.

Ohhh well. Glad this pot hole is on the move some how.

I pray the raised is above £1.

Cristallball. Well done.

I meant we as in general all of our targets.

I’ve been getting in and out from 20p so I will speak on behalf of late comers. This time I’m here to stay.

Lots of selling today and we could see a small retrace to test the 25p level again but this stock is a golden goose that one day will lay that golden egg.

Thanks for the tip to buy at £8.68

Just couldn’t get myself to do it.

For whatever reason and let’s say the company is fine and most likely is ... the mms just defy logic.

So good has to break $2000 and silver $30 for fres to hit £10?

You can make that 15% with a number of others

Actually decent numbers but market expected better.

Infact with many businesses now opening they forward guidance should have been positive.

Can’t always grow through acquisitions and if anything the companies who were on their knees are probably getting up so unless they don’t move soon they won’t be getting any bargains in the future.

Excellent potential here but there’s just that weird feeling holding these shares.

Will watch closely. £2.10 would interest me.

I think it’s fair to say over the years CB had always come across positive and it’s his nature or tube of voice in interviews.

Some get their hopes up too much and then panic sell. This was never going to be double your money overnight rns or stock.

Yes they could Ofcourse have been better but the reality is between 1mt and 1.5mt is certain in my opinion.

That’s a lot of $$$ value.