Introduction to AIM in May 2007. Market Cap 64million at placing price of 38p per share.
Raised 39million from Institutions for building a portfolio of oil and gas assets in Central Asia.
Completed purchases of Ravninnoe and Beitars oilfields.
Strengthened company infrastructure.
Further aquisitions for 95million on 3 oilfields at North Karamandybas in Western Kazakstan. Value greater than current M Cap so treated as a reverse takeover, hence companies suspension from trading.
Option to aquire 50% intrest of two assets in Aktobe Oblast for 213million to be paid by cash or further flotation or a mixture of the two. Ownership of this asset is being contested in the courts and a decision is being currently awaited.

ek is evil knieval, about the most well known bear raider in uk. he's usually pretty good at shorting shares from the ones that i've heard about.....and rxp sudden drop now so i'd be worried if i held these

Where can you find out his dealings?

I agree, scot, EK's longs are not as powerful as his shorts.

If it makes you happy hlyeo I'll post on sola later.
As for this, this is just the MM's trying to put the frightners on.
I'm quite happy to hold post hols when IMO I'll expect to make enough so that I can go on yet another holiday this time with two glasses of whisky in one hand and two beautiful women in the other...

u must have big hands!! u trying to copy george best?

My well informed source told me this evening that he managed to pick up another 350,000 shares today @14p level..he bght a similar quantity last wednesday at below 12p and I followed him on thursday and bght at 12.95p...he says the news coming will be VERY positive indeed on fund raising accompanied by encouraging drilling results...watch this space!..the shares are still VERY CHEAP he says!..BUY for LOL guys!

On the rise again!

Like a bloody yoyo

I managed to pick up a few more shares this morning at @14.35p level..just taking further advantage whilst the shares are so cheap!...hopefully we will see them alot higher very soon...BUY!...

I have been informed that RXP's results and funding requirements will be announced next week... it should all read positively and hopefully the shares will begin their ascent into new territory!..watch this space..LOL coming.

I hope so.

At the moment MM's are just playing around with the sp trying to shake you out.

but this man is not for shaking

The shares are now looking very attractive again at these levels- 12.50/13.50p- good positive announcement on funding due very soon I am told..shares will react positively on news..rumour has it the koreans are keen to get a slice of the action!...BUY...

u said that about 2 weeks ago.....its going down and down!

Blueface,

what hapenned to the funding arrangements you said were going to be announced?

Andy

I am only passing on information from my own city of london sources and there has to be an element of trust built up over many years with one's sources of information,etc..the risk/reward ratio has to be ascertained in every investment in shares and certainly the reward far outweighs the risk case for buying RXP at these levels below 14p..patience will be rewarded..for example Western Canadian went all the way down from 140p last year to 25p and they have in recent weeks gone over 5 !!..just coming off their best today at under 5 ...now Roxi has the potential to recover from these levels to much higher heights when they raise their drilling money- they have the acreage in a highly desirable area and we know that oil & gas prices are going to stay very high for sometime to come ...say no more!!..fill your boots and hang on in there for an exciting ride..at least you are not paying @70p level like some people did or even 40p after they returned from suspension!..WH Ireland 's recent note says it all..the shares are an anomaly at present and they recommened BUY.

Just to let you all know that www.britishbulls.com...have got RXP as a BUY at these current levels of @13p.

better sell then! britishbulls is crap....i've tested it lots on several companies and its success rate is poor

u still ramping this dodgy share?

I can't agree with you more, scot. Britishbulls give loads of bullshit recommendations. And Roxi is certainly not doing well.

blueface,

I wouldn't pay any attention to that rubbish, they are frequently very wrong, and are only using TA, which doesn't work very well with small caps where news is the main mover of the SP.

Re the funding, I have seen many posts stating that funding is "sorted", and about to be announced, on various BB's, which is starting to look like unsubstantiated rumours and even ramping, as clearly it is taking longer than expected.

I would beware of people making statements that are not coming true, this is sometimes used to try and support the price by reassuring nervous shareholders and prevent them from selling.

Interesting comments Andy and I agree with all that you say!..one has to be very careful with people who deliberately say things to ramp shares but I am inclined to believe WH Ireland's comments in their recent buy note and I am an optimist at heart myself and try to weigh up all the information available from my own city sources..oil and gas exploration shares have always been volatile since i can remember.I bght Tullow Oil at 40p many years ago after meeting Adrian Heevey-chief exec- and he has done a superb job in the last 10 years building up his company to where it is now! I originally became involved in RXP last year and bght at 42p just after they floated on AIM and took my profit at 67p and kept out until i bght back in recent weeks at 12.95p and 14.30p where I am very relaxed and feel fortunate that I was not holding the shares when they got suspended and a certain hedge fund was a huge seller after they returned from suspension which contibuted to their rapid fall from 44p to current levels,etc..lets hope that we will hear positive news soon on funding arrangements and that confidence will be restored!..I note that there was a nosey buyer of 100,000 just under 13p at 16.27 just before the close of business today!..i wonder who that was!?!..