Member Info for theyknowitall

Check out Aidan O’Hara, he is also a TR1 holder in PXEN DRUM AJAX
Some smart money moving in here

It’s now an 8% stake in DRUM and 5% in PXEN looking at the registers

For people who missed 8p,10p,12p and it went to 16p then today is a great chance to get some at 14p

Excellent update last Thursday night

Zak did say this would re test 14p before moving to his short term target of 22p

Buy when on offer its the only way

GLA

25k shares max buy limit at 9.5p

All about the starting point, MCap, share register mechanics, assets, potential etc etc

Most importantly what buyers put a value on the company, imo this is very cheap at these prices

SP is an output of the above

Gas prices were circa €15 pre 2021 this prices still nearly 5 times higher

Gas prices are impacted by high LNG imports , warmer weather , increase in coal to replace gas due to high prices and approx 20% down turn in industrial usage

Coal will be replaced by affordable gas, production outputs post recession will return, weather will either go cold again or be super hot in the summer driving usage and LNG will be needed elsewhere when the storage facilities need filling again

Gas prices need to be at a fair value to ensure it is the transitional fuel of choice , we don’t want sky high prices which impact usage. A happy medium is the preferred choice

All imo but there will be a gas shortage / a new norm until 2027 I have seen it written so all perfectly fine

Meanwhile billionaires are scrapping it out in a bidding war for our Spanish JV partner where the SP has gone from from .13cent to .38cent since Oct

Wait until we get people knocking on PXEN door

I rather the herd stay away

20p will come and go quickly enough

MCap still hugely undervalued

Read the VSA Capital brokers note from Sept

More specifically read what is included in the 20p value but more importantly what is not included
Then have a look at what's happening to our Spanish JV partner currently

That should help in getting you close to a valuation

NT to buy at 14.5p

100k 15p premiums

Can see 20p soon

No it wouldn’t , or a roll over

It’s 100% not 2 buys that’s for sure

Looks like a cat finger or bed and isa

There is not 10m shares available to buy at 12p on the open market

You are correct but for me the bigger picture is the acuity play

It is a legacy issue which needs to be dealt with

Because it’s irrelevant

Good to see the website updated which was one of my beef’s

Now correctly stating correct shares etc etc

Little steps

Think this is going to be good

I am not changing my views at all
I said it then and I say it now
Your not listening because you are emotionally attached to this share

I did make a lot of money in 2020/21 but shareholder value has not been delivered in 2022

The business maybe on sounder footings, but that’s not what I am saying

That’s the problem with these BB’s they are just an echo chamber

I truly hope 2023 will be good but I have moved on

Setanta gets it, making money is as much about the company as the share register mechanics and sentiment

I will leave it at that as obviously this is not what people want to hear either back earlier in the year or now

The bhoys, I am simply saying the actions of the BOD's in the past 12 months have not deliverd shareholder return on their investments

IMO they dropped the ball, what others think is up to them, we are all entitled to our opinion

It is difficult for me to see beyond this

What others do investment wise I have no interest in, I am very happy with my choices

Hopefully this will have a better 2023

Remember if I wanted to buy today I can do so at a lower price than last year, says it all to me

Good luck all

I did indeed sell the majority of my holding , in fact I sold out the rest not long ago. Was in since .55 so did well
Put it all in PXEN at 2/3p and also CTL drum Ajax more recently

I like the zphr assets but it needs production and additional wells
I did not like the placing or financing & did say this SP action could happen. People didn’t like it when I said it but I stand by it
Also there is still the dilution process and impact of forward selling shares to pay for warrants then warrants being sold

The share mechanics are not working in here for me
Sentiment has been knocked but it is what it is

Big investors want a risk free investment from the PB and are not interested in non ops production, that’s the sideline not the story

Wish you all well and hope it all comes good

First post for ages

Massive disappointment for any shareholders the last 18 months
Rubbish placing at 5p with loads of warrants

No shareholder value the past 18 months

Can’t argue with that what anybody tells you

Share register mechanics are awful .