PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Jog on son.
I’ve worked up and down this country for years and abroad and when I’m staying somewhere in the UK I have always stayed close to JDW pubs. Every time I’ve gone into one it’s always busy. You say you don’t spend all your time in JDW’s but it sounds like you do. And you walk 6 miles to a posher town haha don’t make me laugh. Sounds like your bashing JDW to me mate.
Well looks like Bank of America Corp think this is a good bet as they have increased their holding along with others. Tim has also bought over 2.5 million shares recently.
This has been hammered due to covid along with airlines etc. looks like it’s turning back up now, I have a decent holding here and happy to wait until this reaches fair value.
How so ? This was over 20p a short time ago before the seller decided to sell their holding. If it was 20p then it’s still worth 20p now. Even then I don’t think that first gas has been priced into the share price.
Great summary damofarl.
I have added more today to my holding as I think long term this is an excellent opportunity for the savvy investor. Currently yielding around 11% which is excellent in itself plus, the capitol growth to boot.
This and JSE make up 50% of my portfolio both with excellent prospects going forward and I’ve no doubt both will be multiple from todays prices in the future.
Happy to sit back and collect the extremely attractive dividends.
Could be an ex disgruntled employee ? Could be the same person who frequents the ADVFN board under different aliases. Who knows ? But this I do know, it is a very sad person who posts negatively about ANY company all the time and probably needs help with either therapy, medication or both.
Always NT you will have to place an order, that’s what I’ve had to do a few times.
The kit has arrived on site ready to start spudding RCE 3,4 and 5.
If people are selling because we MIGHT run over by a couple of days they really should not be investing in junior O&G companies. I’d understand if there was a delay on the kit landing on site but it’s here ready to go. I’ve added a few more on the drop btw.
You have to be quick. MM’s open the tap but only for a short time sometimes you have to buy what you can get. That’s what I’ve done as have others I know.
I’d say desperate for shares
Smelly has no shares. Joined back in March of this year and has only ever posted on HMI with his/her pearls of wisdom. I really hope no one has listened. Once results are out this will properly take off back into the 17-20p range and beyond.
We’ve had a seller and the company have made mistakes which have been rectified with cost cutting measures amongst other things. This is an opportunity to get these shares cheap and people have noticed this hence the move up with the share price over last week and today.
It’s very difficult to buy here in size with the MM’s making it difficult and each rise keeps getting bought into.
If this company was a pile of crap as people have alluded to then it would be very easy to buy. HMI have turned it around with a bigger storage site, working on 3 shift patterns 24 hrs a day and are also selling into different markets now. Revenue generated this year will be mouthwatering with the market cap near enough covered by cash or thereabouts.
I own a lump of these and will keep them for the divi’s which will be here soon enough. I find it amusing people bashing this so when the results are out I will comment again. One of us is right and the other is wrong so we’ll see.
Why are you here ? It’s a serious question John. Are you invested in this business ?
Smelly why don’t you do everyone a favour and **** off. Your constant drivel day in day out is boring. Why don’t you go and get yourself a proper job there’s a good boy.
Evening all.
I took a position here this morning and I’m looking to increase this over time. I’ve looked on the company website to find out who holds how many shares and who is on the register but I can’t find this info anywhere ?
Can someone let me know who holds what please and is the current amount of shares in circulation correct 87 million ? I know about the warrants thanks.
Another reply from Marshall late last night, what a top bloke.
We will issue a press release Tuesday with detail. These are additional taxes. Not royalties.
Arrow is currently not taxable and has a $25 MM CAPEX program for 2023. That will defer tax.
M
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A friend of mine who is heavily invested here emailed Marshall Abbott CEO this morning regarding Columbias new rules and regs on the O&G sector, this was Marshall’s reply.
Thank you for your continued interest. Our royalty averages 11%. This new legislation adds 6% to that effectively. Colombia still has a top quartile fiscal regime internationally.
We are sitting on $14mm of cash and cashflowing $2.2mm per month. 2023 CAPEX will be $25 focusing on a 5 well development program and a large 3-D seismic survey. We anticipate end of 2023 we will have $40mm cash
Marshall Abbott CEO
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