PYX Resources: Achieving volume and diversification milestones. Watch the video here.
The MM's sorry market, will have no interest here until we see a clear 'un-edited' account of where we are....Cash / revenue / Bopd / reserves, and forecast / strategy for the year (not ultimate end game). Company MUST be grown organically from here as was the original strategy, any further placings will be disaster for the shareholders and the end of ANY MM's sorry market confidence here. @GD7, most LTH's need well in excess of �1 here to break even not 50p!
Its a small increase granted, but she's still to high which is why it moves sideways for 2yrs...forward additional revenue has been well priced in. Ok for a bottom draw share, but more immediate / sustaned money can be gained on investing in many others, which is why its so quiet. imho,
PE ratio = 41 !!! Way, way overvalued at present.
What is Rita strategy?
Here's the bit where they narrow the spread and call it a rise!
Explains the drop yesterday..
Was approx 14m+ @ 80$/b, then approx 3.5m @ 28$/b, yet now 1.2m @ 60$/b..............? Perhaps someone can explain this serious anomaly.
Lets hope Old Maggie springs to life in 2018 with new investment, a rising Oil price, and fresh start after the storm thats been. Surely a resurgence of interest to come..
Sorry i meant 591 tho.....unreported, following yesterdays two RNS's
591m????????????? Another who done it!!!
Any thoughts>>.?
Yea, might hit 5p today...but will head back the day after. Also, there were some lucky people who bought in recently despite the placing news eh....eh.....FSA....eh
Until today.......
Thanks for that. Its comforting to know we are heading in the right direction again!. Let's hope for trend reversal soon....for the first time in 5yrs!!
Odd that we had a significantly greater valuation when Oil was @ $28, it would seem the price of oil is 'also' irrelevant to MAGP's valuation.
Next RNS should be the placing i would expect.
Thats why we have been dropping daily folks, so they can just bring us back to where we started again...so predictable its frankly boring now..
If an RNS tomorrow, then surely a job for the FSA to investigate the MM's, for inside market manipulation. As for the content, i have little doubt our socks will been blown off regardless whether its positive or negative with so much change in the background. Bottom line is; Us LTH's have not a clue where we are at, what we have got or not, or which direction we are going in, thus we can hardly expect to drum up new holders investment! Quite sure Rita and Co are finalising details / sells before revealing all to the market. Let us all hope its not just a large placing to drive the final nail in the coffin of all the long and loyal's here.
Yes, but why the fall?, no placing, no news, no sell off, no reason!!, manufactured as always!
Wouldn't break even for me, but i'd take it..and probably run!