Post by
8675309Jenny on Sep 11, 2014 6:31pm
We have the Maha Presentation (in Swedish)
One of things I wanted to see was the Maha presentation, which we now have online and it is very interesting. IMO, it looks like Bonner has been bang on with everything he has said. His most important comments have been the narrowing of the Heavy Oil differential by the end of the year. Bang on Bonner. What is unique about the Maha presentation, is that it clearly lays the blame on the problems PXL had. That's unusual. Secondly, the layout their plan for the new company, and its stunning, just as Bonner said these assets were capable of. Right now we are at the 1600 boe/d level and that will grow to 3500 in 2015. Stunning growth. We then jump to about 4900 boe/d in 2016 and over 6000 boe/d in 2017. This is stunning growth, and I think they can do it, easily with heavy oil wells at about 500k a pop. But whats important is that they have a plan, and many believe the ability to execute the plan. So if you believe the plan, and the assets and the capablilities of Maha, you must also know this stock is going to rock very hard in the next 3 weeks, because it have to be north of .23, well north, to raise the 15m dollars of equity they said they will at that equivalent price. I think Bonner has continued to buy the stock through GMP who has bought lots of stock. I think Bonner will come on BNN and make this one of his top picks, and then this stock doubles easily. The presentation is comprehensive enough to realize these guys have a good handle on whats going on. So we went from a dud, to one of the biggest growth stories on the market. This presentation offers huge gains, over 100% increase in production in the next 12 months, and then another 50%, followed by another 30%. These numbers are huge, a huge growth plan that few companies out there offer. In the presentation he is asked about raising the 70m dollars and he says "that has been moving along well for sometime". So PXL has gone from the most boring company on the market to the most exciting. I would like to hook up with Bonner and get a better deal from management for PXL shareholders, and I know I could convince holders of over 4 million shares to follow suit. things are finally changing and moving, finally an update to the website today for the first time. Everyone should watch the presentation and read the slides (which are all in English). As Cramer says its BUY BUY BUY