Member Info for Roadrunnr

Hvo is a different business model and will produce dividends but will not be a shooting star. If you are looking to multi bag Polb is the better bet imo.
Dyor.

Probably because some of the buys are sells. The trade list is only an estimate based on mid point price. The rise and fall of prices is as a result of supply/demand trading. More supply than demand = price falls, more demand than supply = price rise.

But they could reinvest trading profit into the company and buy services and assets. Lots of companies do that and never pay a dividend. I suspect MNRG could be one too.

If it goes to 1p from 0.3p i.e 3x then I suggest selling is missing the up as to get there the model and business will have been proven and growing.l

Given the antipathy between BritNRG and MNRG why would they declare any dividend and give money to MNRG?

Paul. Any kind of vehicle? A motor bike? Tanker? Tractor? Bulldozer? Car? Van?

Hi Reg are you still in here? What's your opinion of the outcome and future?

Just looking to trade then Jim as if it was a longer hold spread means little.

Cash covers outstanding wages and liabilities it's what are the assets worth that is the true question.

No money from Italy for a year and the company strategy is to "sell and reinvest". Just hope no more LVGs or Krgystans.

How much of the 1mill is left after debts? Do you think the market hasn't seen the value of this?

Britenergy will pay. They unlike MNRG are an earning company producing oil which sells quite well at the moment and they have just opened a new well too. MNRG could have had 50 percent of they hadn't wanted their cash back.

Hit the nail on the head Cenzo. Truss should get Mag in.

Magmanus. Best of luck I reckon you are going to need it.

This company needs to make 20 percent profit on the 1 mill. just to pay Rolfs salary so how is the company going to grow? To raise any more funds it will need to either borrow or dilute. If it borrows it will need to earn the interest due before it gets any profit so my guess is it will be dilution. Then see what your accumulation is worth. If you disagree give me your argument, abuse is worth nothing to anyone who thinks.

Magmanus. I am still invested here but it is worth so little it's not worth selling. However if your ramping drags the SP back to parity for me I'll be pleased. Unfortunately that's the only way it's getting back cos it won't be by Rolf's business efforts. This is an investment company with just enough money to get a buy-to-let.

If EQT are fully behind MNRG then EQT shareholders will be livid. EQT had to bail out MNRG as they are broke. The only way EQT should deal with MNRG in future is cash up front. Even the share of the Italy project that MNRG has was GIVEN to them by EQT in a rubbish share swap - also never to be repeated. RG sells anything he can as soon as he can but no money ever resurfaces.

Mag. If Block sells the price really will slide. Perhaps you could make him an offer he couldn't refuse?

Mag. The company has no income and none is expected for at least 9 months so who is paying the expenses and salaries?

Mag. The thing is this share is not oversold. It will sell even more when it is realised they have no money and the refund is spoken for. EQT had to bail them out but expenses still being incurred.