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Started: Rdee, 8 May 2024 14:58
Last post: buzzlightyear4, 13 May 2024 20:21
Scott240
I reckon those 8 posts are a wee bit more accurate and a wee bit more relevant than your 3414, just have a look back at your predictions.
Who's this clown with 8 posts?
scott240 maybe.......
Hope you guys in the know taking advantage of these prices. "It won't get any better than this and you know it" 😂😂😂
Keep talking to your self !
Started: Sonofthebull, 24 Apr 2024 11:47
Last post: Sonofthebull, 3 May 2024 15:46
Perenco have picked up Platypus
Should hear early May coming from Parkmeads partner Orcadian Energy.
Started: Roadster66, 17 Apr 2024 11:08
Last post: Sonofthebull, 17 Apr 2024 14:16
Ah I see what your saying you have shorted Parkmead......You sly old fox !
I’m waiting for the optimum selling price in order that I can offload this dog of a share . I will not , repeat not , be buying anymore .
Hi Roadster
Nice to read your nippy comments. You will never get a better buying opportunity.......and you know it !
SOTB ……well it certainly isn’t you….after all the ‘bum steers’ both you and your tag team chum Buzzlightyear have given us over the last decade or so . A little silence would be most appreciated.
Started: fortunehunter, 16 Apr 2024 15:08
Last post: Sonofthebull, 16 Apr 2024 16:08
Someone knows something !
Another £9.92 purchased today!
Started: fortunehunter, 12 Apr 2024 08:49
Last post: fortunehunter, 12 Apr 2024 08:49
Sales of £1.60 this morning so far. Is this the deluge we have been waiting for?
Started: Rdee, 11 Apr 2024 09:52
Last post: Sonofthebull, 11 Apr 2024 13:59
There's no point in explaining if you can't read be bothered to Parkmeads website !
Where's the news that will make this soar🤔 ?????Beginning to think that 20p was a dead cat bounce.
Started: Sonofthebull, 3 Apr 2024 19:39
Last post: Sonofthebull, 3 Apr 2024 19:39
Nice updated photo of Tom on the Parkmead website !
Still looks young for his age.........
Started: Sonofthebull, 30 Mar 2024 07:21
Last post: scott240, 1 Apr 2024 22:36
Hey Buzz
Results out, what do you think buddy
100 MW wind 30 MW solar Dutch gas rates Skerryvore Fynn Beauly
Dodgy loans
Are you buying
Parkmead Group, a “major European renewable energy developer” is in talks over a proposed 100 megawatt (MW) wind farm near Banchory.
Discussions are “progressing” and the Aberdeen firm, led by multimillionaire entrepreneur Tom Cross, hope they will lead to a joint venture.
A 100MW wind farm could power an estimated 110,000 homes.
The land at the heart of the proposals is at Pitreadie on Royal Deeside.
Mr Cross’s wife, Linda, and a business partner sold Pitreadie Farm to Parkmead a few years ago in a deal worth £4.9 million.
The company also took on £3.6m-worth of bank debt.
At the time, Mr Cross said Pitreadie was ideal for the installation of wind turbines, solar panels and biomass production facilities.
In a first-half results statement yesterday, Parkmead confirmed potential for a solar farm at the site.
Meanwhile, the company is conducting a study on another site in Scotland with the potential for a 30MW solar farm. It did not reveal the location.
And it is “evaluating options” to ramp up electricity generation at its Kempstone Hill wind farm, near Stonehaven.
The three turbines at Kempstone were acquired just over two years ago from the family behind G & J Jack Seafoods, of Fraserburgh.
Alternative Investment Market-listed Parkmead paid nearly £3.3m.
The small wind farm generated revenue of £700,000 during the year to last June.
The company said: “At Pitreadie, commercial discussions continue to progress with a potential European joint venture partner to develop this area.
“Following positive results from initial studies, further environmental surveys are scheduled throughout 2024 to support the planning work required to unlock a major 100MW wind farm application on this site.”
Parkmead also has onshore and offshore oil and gas assets in the UK and Netherlands.
The company reported pre-tax profits of £911,000 for the six months to December 31 2023, compared with losses of nearly £5.2m a year earlier.
Mr Cross, executive chairman, said “excellent” production rates from onshore gasfields in the Netherlands put Parkmead back in the black, “setting a base for future success”.
But revenue sank to just over £3.4m in the latest period, from about £11.1m previously.
Parkmead said the plunge in sales reflected a sharp fall in average Dutch gas prices.
Started: scoredagainsteps, 28 Mar 2024 11:04
Last post: buzzlightyear4, 28 Mar 2024 13:30
Here we go hahaha…..Scott has sold,now for the de ramping and attacks on TC…
I thought we had moved on from this,you’d become tolerable?…..
Don’t spoil it mate,good luck with whatever you do but please don’t become the old Scott that everyone had to block hahaha
Scoredagainsteps - last month was 435 boepd. Not everything's been reported this month yet, though LDS is looking good.
PMG produce no oil, only NL gas ...and they just sit on Vermilion's coattails in NL, so are not going to get to producing any oil for many years, if they ever get to drilling.
Tom cross has fkd this properly
Andrew smith only here to take shareholders cash
Sell
Correct ME PMG ARE ON 289 BOPD IF SO thats why pmg is what it is ... Forget all the 150 million reserves .We need it out the ground and flowing 10000 bopd .THEN PMG MKT CAPT could be 10 x more
Started: Mommur, 28 Mar 2024 12:53
Last post: Mommur, 28 Mar 2024 12:53
Have an interest here with regard to Skerryvore, which has unfortunately gone to 2025, with a high probability of Labour both increasing EPL and negating any offsetting costs against tax. I wonder what all parties to the drill will consider after the autumn election.
Mr Cross has rolled the dice on this one ( three) looking for a trio of sixes. Not that it will harm his Lifestyle Company. I wish you all well and after so many years you deserve a reward -perhaps 20% of Skerryvore is a better gamble but 50% has its own allure.
Started: Rdee, 28 Mar 2024 09:55
Last post: Sonofthebull, 28 Mar 2024 10:03
Bobs a blether of trying to get the share price down......
Very sinster.
Thanks for sharing your thoughts on above Robs12. I'm a very long term holder that's pretty much given up any hope for this. Last AIM stock I will ever hold and as you may have said earlier this is no longer an investment but just a gamble. Always read your posts with interest hope you keep an interest and comments.
Started: formerlyeasyp, 28 Mar 2024 07:14
Last post: Sonofthebull, 28 Mar 2024 09:49
Bob ever the pessimist.......
NAV @ Dec 2023 = £27,1m
Dec 2022 = £70.3m
Dec 2021 = £80.5m
Dec 2020 = £86.8m
That may be of more interest than trying to gauge NAV against the shareprice....
NAV v share price interesting.
Started: buzzlightyear4, 28 Mar 2024 08:30
Last post: buzzlightyear4, 28 Mar 2024 08:30
We should be sitting at 30p on assets alone,50p on cash assets and income?
What are these market makers doing?…..holding the price down on everything on AIM,its a joke!!
Started: Rdee, 5 Mar 2024 09:44
Last post: Sonofthebull, 14 Mar 2024 17:55
That's always been the case baa heid !
150k bought
Talbot subsea infrastructure going in
Valaris rig may go over to skerryvore for a dig if contract can be sorted
Chart readers, nothing more.....
Or maybe paid propagana for an interested party, who knows....
We know the value and where this is going £2-4
Interesting article directly regarding PMG. Thought worth sharing for any who may not have seen it.
https://simplywall.st/stocks/gb/energy/aim-pmg/parkmead-group-shares/news/theres-reason-for-concern-over-the-parkmead-group-plcs-lonpm/amp
Started: buzzlightyear4, 27 Feb 2024 11:34
Last post: buzzlightyear4, 29 Feb 2024 14:20
I think we creep up to 34p until news.....
Looking good though
Glad I picked up a few at 12p and 15p....GLA
Cavendish value is currently £0.50.......The discount here is unbelievably low , Surely we can push on through to £0.40 in the short term.
There's an abundance of news due to be delivered !
When news comes this will rocket IMHO....
Still cheap at 20p
Started: robs12, 26 Feb 2024 14:46
Last post: robs12, 26 Feb 2024 14:46
Down very slightly from November, but Diever appears back on stream, and LDS looking good.
435 boepd net to PMG:
https://imgur.com/vCVhYNQ
Started: Bitethebull, 24 Feb 2024 15:13
Last post: Sonofthebull, 26 Feb 2024 13:57
Why would harbour buy it ? Are they not wanting out of the North sea.
There's oil there Cross will give nothing away.
Pollock !
Harbour will buy it out or free carry on drill
Rigs over nearby talbot ready for tie back
Subsea infrastructure being installled
Assume 70mbs from Skerryvore to PMG. { maybe more }
Assume price of oil £65 pb. { probably more}
Assume profit of£20 pb after costs.
109m shares in issue
This equals £12+ per share.
Are these assumptions wildly optimistic or rather conservative?
Just trying to imagine myself well off after all these years !!!
Started: doyle172, 23 Feb 2024 12:26
Last post: BJoe, 23 Feb 2024 20:13
D172 - Can you copy paste the article please?
And we are valued at cash in bank or there abouts.
Skerryvore the 'Well to Watch' 2024 155 million barrels and in Tom Cross' words analagous to Pierce!!!! DYOR into Pierce
https://www.energyvoice.com/oilandgas/north-sea/exploration-production/548401/skerryvore-the-uk-north-sea-well-to-watch-this-year/#:~:text=Analysts%20have%20named%20Parkmead%20Group's,one%20considered%20%E2%80%9Chigh%20impact%E2%80%9D.
https://www.energyvoice.com/oilandgas/north-sea/exploration-production/548401/skerryvore-the-uk-north-sea-well-to-watch-this-year/#:~:text=Analysts%20have%20named%20Parkmead%20Group's,one%20considered%20%E2%80%9Chigh%20impact%E2%80%9D.
Started: buzzlightyear4, 19 Feb 2024 10:36
Last post: Sonofthebull, 23 Feb 2024 18:29
What a tit !
No probs
Hang in there both will be fine
Further contracts at plexus and skerryvore waking up
Hello mate, POS and PMG seem to be neck and neck, both well down but who's going to win the race?
Only a few grand on POS but lets see, if I double my money i'll buy you a beer.
Hey buzz
On our way back to reality,50p
This is Parkmead's year,I can feel it!!
Started: Sonofthebull, 23 Feb 2024 09:18
Last post: Sonofthebull, 23 Feb 2024 09:18
Analysts have named Parkmead Group’s (AIM: PMG) Skerryvore as the UK North Sea well to watch.
Westwood Global and Wood Mackenzie have marked it as the most prospective exploration well going in 2024, and the only one considered “high impact”.
Parkmead is targeting 155 million barrels of oil equivalent of pre-drill resource from the project.
Drilling is expected to take place in Q4 of this year with opportunity “for a number of low-cost tie-back options”.
When the project was approved in 2022, Parkmead pointed nearby activity on Harbour Energy’s Talbot, Neo Energy’s Affleck project, and work at ConocoPhillips’ Tommeliten A, which sits close to Skerryvore over in the Norwegian sector.
Parkmead is operator with a 50% stake, partnered with Serica Energy (20%) and CalEnergy Limited (30%).
Eight wells targeted in 2024
“UK E&A activity is expected to be maintained in 2024,” said Westwood Global, which is targeting total pre-drill resources of 325 million barrels of oil equivalent.
“All wells are infrastructure-led exploration (ILX), with one well also considered high impact at Skerryvore, targeting pre-drill resources of 155 mmboe. There are 13 companies expected to participate in E&A drilling in 2024, with NEO Energy and Harbour Energy being the most active.”
Started: doyle172, 13 Feb 2024 19:21
Last post: Rdee, 15 Feb 2024 16:40
As far as I'm aware SCOTT PARTNERSHIP are a professional marketing company and would have nothing to do with Scott platform please dyor.
Don't think so ! 🤡
Scott Decomm plans underway
Directly under Scott. Scott has its own drill. Direct drill. Scott Partnership were in the phone to TC in October. East Gamma
KCA are going to drill it from the Scott platform is the news
In the North Sea.....
Started: buzzlightyear4, 15 Feb 2024 14:53
Last post: Sonofthebull, 15 Feb 2024 15:05
Be there long before April !
34p target by April....
Started: buzzlightyear4, 13 Feb 2024 18:38
Last post: buzzlightyear4, 13 Feb 2024 18:38
News soon!!
Started: Mommur, 12 Feb 2024 17:32
Last post: Sonofthebull, 12 Feb 2024 22:19
Skerryvore will more than likely be 2025 that I agree on.
Always have a tissue at hand SoB.
Would be happy for Tom Cross to be the new CEO of Serica if they cannae get Andrew Austin (Kistos), but he would have to put on his Dana pants!!!
No slight intended, truly hope for a win on Skerryvore
Started: Mommur, 11 Feb 2024 08:20
Last post: Sonofthebull, 11 Feb 2024 18:10
Dry your eyes !
Even when Faroes Petroleum dumped Perth/Lowlander sour oil, Parkmead kept ploughing ahead until realisation set in. Now we have a huff and puff adventure to keep TC and his lifestyle company playing.
Surely their are no LTH left here and its a playground for speculators and traders.
No longer a shareholder here as basiled in the 50's but Skerryvore holds my interest due to Serica - but expect it will be pushed back to 2025 by Parkmead. Here's hoping it still spuds in 2024 Q4.