Hi All MXOil has 378 million shares on issue of which JKA has...

Hi All

MXOil has 378 million shares on issue of which JKA has 43.38 million.  MXO has big news due in December.  CEO Stefan Olivier:

".....Along with our partner Geo, we have carried out comprehensive due diligence on five blocks (in Mexico) and we like what we see. As a result, we intend to lodge bids for all five concessions which match our investment criteria: onshore conventional fields with existing discoveries requiring development, as well as mature fields in need of secondary interventions to enhance hydrocarbon recovery rates. These are not exploration licences but lower risk development projects with company-making potential, and importantly they have fast and visible routes to cash flow generation, even at current oil prices. We expect to hear the result of our pre-qualification application in November followed by licence awards in December 2015....."

Should be a nice SP catalyst all going well.

All IMO.

Regards,

Chilloutman