Member Info for scotlouie

i see it differently Daltp98, mostly all shares are taking a battering and a very high % of shares have been crushed since the corona outbreak. moat of the shares will bounce back and should do quickly. will they completely recover to levels before the pandemic... possible not anytime soon and depending on overall market feel then may take some time.

for pxog it is heavily under valued compared to asset value. that along is areason for a bounce and jump in shareholders value when the current corona virus pandemic is all done and dusted. add the news from italy when we are up and running and everything has been signed off then that revenue along is worth more than our current sp. again need to wait for italy to get back on its feet and clear the virus which could take several weeks-months. but i see it clearing by summer and then pxig again will bounce up on that news.

thats only 2 stages of recover within a short period of time. we have revenue from romania and spain. so as long as we havent run out of money and need the begging tin out i cant see pxog collasping in 2020. its a bumpy ride in front of us and may need to sit on our investment for a bit until real movement comes back but i havent lost faith just yet. just a huge % off my holding in value!!

incredible to think that when italy revenues eventually kicks in we'll be bringing in revenues from all our operations well over our current MCAP!

although italy is on lockdown its hard to say how much of an impact it has on our selva operations! possible delay it several weeks. i dont know. what i do know or would hope ia that when it finally kicks off and producing. our mcap wont be £2M!! and we'll all be wishing we bought more are these crazy levels!

great opertunity for a entry for new investors or us long term suffers who's still waiting on these value triggering events from years ago!

im seeing a huge bounce when this corona virus malarky dies down and everyone in the world stops the panic!

0.08p to the 2p fair value (based on previous broker valuations).... yes please haha!

just hope this doesnt drag on for months and we can get it without a public meeting.

hopefully they can deliver another method to grt the information to the public and majority doesnt go against the deal... which i dont think in my eyes will happen. be daft to vote against something like AEG which could bring in extra revenue into the town/ state and create multiple jobs in all areas involved.

at least let us just get one plant up and running for gods sake haha!

whatever the price is its read in pence. so pxog is 0.14p. another company say tesco (TSCO)is 228 which is £2.28.

GG12 0.12p. need to check what the real price for buying or selling through broker but LSE page showing 0.14p to buy or 0.12p to sell.

so 0.14p per share instead of your quoted 14p a share.... think id have a heart attack if it was 14p!!

broad thanks for the post, it makes good reading and i also firmly believe the disconnect in assets vs sp. and there will be a time where sp will jump to reflect this. i believe it could be italy news. when the red tape has been cut and finally producing then sp will jump up gaining traction with new investors pushing sp into the single digits.

its just a waiting game until pxog proves they can get the deals.done and revenue coming in and were off. until then im happy to add when i can and sit on my stocks until were reaching 1p+

could it be the start of big movement?

good to see a blue day when overall the markets are getting smashed.

just need some momentum and push over 0.2p+ not seen that level for a long time

newfoundlander id like to hear your views on the possibility of a nova scotia deal happening. if i remember right you thought it wouldnt happen or was a bad idea if memory serves me right.

does sounds good for AEG if RMDE/spinks can pull this off. minimum risk to AEG but could reap rewards for years to come of they can build up to 600k tons

on the top riser list. not seen that in a very long time :)

bring on the approval on 16th march onwards!!

your not the only one clarky. i feel the same

closer to signing over the permit and all going well will recieve it in march. cant be all bad!!!

just befire the 24min mark into the video when ed was talking about closed periods he mentioned if someone was looking at their assets that would be a closed period then quickly mentioned that wasnt PXOG... does that sound like theres a possible buyer... maybe italy asset? sell off the rights and use capital to fast track spain? cash injection to the company buying the final % towards 49.9%

hmmm. could be a smart move depending on price of asset sale if that was the case...

any thoughts?

https://shorttracker.co.uk/company/GB00B580MF54/

showing 1.73% whos shorting the stock. few closed off their positions. add that with oversold may be due a bounce in price.

with may fast approaching are we going to see a relist or is there going to be another delay thrown at us again.

not checked in for a while as ita pointless when were delisted but has anyone read anything about funding? dont know if the crowdfunding got through or if theyre going down a different route!

would love to see my 6k reappear in my pf pne day but hey ho well all live in hope!

so £1.5M+ coming to PXOG per year and our current MCAP is £2M..... hmmm!!!!!!

looks like market should re-rate us once italy is up and running i would guess

and going on the same calculations below romainia bringing in about £440k/year
(0.07mmscf/d = 700MMbtu x$4.5 = $3,150/day or roughly $1.15M/ year. £885k so PXOG share is around £440k/year)

can anyone confirm if these rough figures are correct?

and ive just noticed i said MATD in previous message i meant PXOG i was in that chat before and had MATD on the brain

goldeninvestor what price are you using for the export price? im struggling to get a european price or even narrowing it down to italy export prices.

does any one know of round figures for working out?

i was using $4.5 per MMbtu
(https://www.statista.com/statistics/252791/natural-gas-prices/)

so 5.3mmscf/d = 5300MMbtu so x$4.5= $8,681,400.
MATD share of 17% = $1,475,838
thats in us dollars so roughly £1.135M

are my maths completly off and am i using wrong numbers to work it out or is selva looking to pull in around £1.1M?

not the permit news RNS i was looking for but always good seeing the BOD being strengthened before the growth phase of the company.

First get the permits over the line then hopefully see a flurry of contracts coming out when the plant is fully up and running pumping out the coalswitch pellets. and by that stage im hoping to see a much better SP than our current 0.5p level.

once funding is completed and RNS is out hopefully we see a lift in sp.

would be a bummer to go down the placing route just to get the cash for funding. but if they manage a debt against assets package then i see a nice jump ahead. and hopefully a few more months of italy getting put into production brining in more revenue

"We have been saying for some time that we believe our current market cap represents a fraction of Prospex's underlying value. Our asset base could soon include an interest in a gas power station and associated infrastructure which cost ~€10 million to install, material interests in four producing gas wells, and a stake in a fifth well in Italy which is expected to be brought online in 2020.  The value case behind Prospex is, in our view, very clear"

weve been hearing it for years Ed... time to repay shareholders and get this towards a more suitable sp for all of us long suffering shareholders whos underwater currently.