Member Info for tooldforthat

I think a few buys have shown as sells the last few dsys

The presentation dies say they will raise £5m through debt funding and after that the further development will be self funding for a good portion of it. Can't go wrong at this price surely

Looking at it, it was Stefan who offered the 0.10p placing price, not the purchaser

RPS study –new production forecasts and reserves for development options

Fast track funding –service company turn key project self-financed

Update CPR –project NPV update and reserves numbers; current 2P reserves = 8.2 MMboe net to MX Oil; expectation of increased reserves

0.30p here we come

I would want my pay in shares if I was employed by them too after that presentation

Everyone who has sold out are going to be kicking themselves, expect a lot, a lot! of news from now an in the future, the £1m they raised will pay for things till june next year when the next well is spudded, they had £293k in the bank before the fund raise. £300k of the raise was for the license. A new CPR is due in February. Expect big things from this month on, how do I know, because the investor presentation for the fund raise is on the website and it has a everything you need, with a full time table of all events to take place. This is going to get really exciting to see how it all plays out. Check it out yourselves. One of the best presentations they have done, have they finally sorted themselves out and woken up.

http://mxoil.com/documents/181016%20-%20MX%20Oil%20-%20October%202018%20(FINAL)%20V3.pdf

Scully, your going to make your money on this.

Don't know what this could go to, but depending on who got the share issues then this could see an instant boost if it is our current Chinese investors as they have held all the shares they have bought so far. One thing I am pretty certain on is oil will really take off in November and oil shares will be the thing to invest in

I actually thought we would have got an announcement today on them been issued but I suppose they covered that in last week's announcement. I do still believe there is money to be made at this price

Hopefully they get a good name and not a mate

Well hopefully he can pull off financing in November as oil is going to go much higher in November and things are going to kick off in the middle East. They are trying to arrange finance like what lgo did where the lender has an off take of our oil production for repayment

Thanks Jim, I have managed to get my average down again this morning, I am now at 0.30p if I can get it lower I will as I do think there is some money to be made at this level

Well it doesn't look like the fund raising shares have come to the market so they are obviously been held on to by the purchaser

But how do we get rid of Stefan, Jim. I have sent plenty of emails, align don't seem bothered like they were with Mayan, and why are we paying for our own independent engineering reports, why didn't they team up with panoro for that or one of the other partners, unless they are planning on selling the stake

Anyway got work to get to, can't entertain the idiot all day who has issues

Same to your facts as well matey, you can't prove anything you have stated for the future, so shut up

Well fortunately for me I look at the other partner announcements which have also said that aje6 is already well paid for

Don't forget a good portion of aje6 has already been paid for