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Parkmead Share Chat (PMG)



Share Price: 120.00Bid: 119.00Ask: 121.00Change: -2.00 (-1.64%)Faller - Parkmead
Spread: 2.00Spread as %: 1.68%Open: 122.25High: 123.00Low: 120.00Yesterday’s Close: 122.00


Share Discussion for Parkmead (PMG)


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Bitethebull
Posts: 40
Off Topic
Opinion:No Opinion
Price:139.00
View Thread (2)
RE: Athena
9 Jan '15
Concentrate on the word STABALIZE. This can mean slowing something down to a comfortable, predetermined level.
It by no means implies the MAXIMUM rate achievable.
RNS was poorly worded but may have been deliberately misleading.
 
grimreaper666
Posts: 47
Off Topic
Opinion:No Opinion
Price:133.75
View Thread (2)
Athena
9 Jan '15
Reference to earlier postings regarding Athena Production from Trap. It seems logical to me that potential production rates will not be reduced as a result of the recent workovers. That being the case is it not probable that production is being restrained to a level where production is equal to a level where sales will all be at the hedged price.? After all the oil is still in the ground and production can be increased when prices rise.
Ivemadealot
Posts: 738
Off Topic
Opinion:No Opinion
Price:133.75
Mike
8 Jan '15
Best guess 4p by pmg. Lower they are when its announced the better the deal sounds why else try and lower ur price by releasing the news. Like that Athena decommissioning costs a few month ago why even release that, was no need for it. It's years away.
mike30
Posts: 1,802
Off Topic
Opinion:No Opinion
Price:133.75
View Thread (2)
RE: Mike
8 Jan '15
Agree. Something is not right.

I think it is a poorly worded rns that is misleading.

I bet the actual bpd figure is much higher. They have conveniently left out some details. They are gonna be taken over. Back door for cheap.

Atb
Ivemadealot
Posts: 738
Off Topic
Opinion:No Opinion
Price:133.75
View Thread (2)
Mike
8 Jan '15
I emailed Ryan a while back stating pmg should be releasing rns for most of the news but he stated its not their job it's the operators and for pmg to release it they need permission from the whole group. Trap are not oprorator so why they releasing it. To ruin themselves or is it the bad news after bad news is released by them as it would have a worse effect on the larger companies especially pmg so they ask trap to release it. Trap probably be bought very soon. Down to £7 mill cash from £18 mill surely they can't last much longer.
mike30
Posts: 1,802
Off Topic
Opinion:No Opinion
Price:133.75
Ivemadealot
8 Jan '15
Agree with you there. Trap rns releases seem to be made to f themselves over.

Fishy fishy
Ivemadealot
Posts: 738
Off Topic
Opinion:No Opinion
Price:133.75
View Thread (5)
Mary
8 Jan '15
More of trap trying to ruin theirselves again, must be a reason for it they are not operator so why are they being given the job to release the news. Something stinks.
MaryMullins
Posts: 255
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:133.75
View Thread (2)
RE: athena
8 Jan '15
Hi Hogweed,I do not know what is worse. To see 30% of your main producing asset wiped out and an RNS not issued or TRAP to issue one without stating it is restricted output which must be close to misleading the market?
Something is not right here. Completely illogical that SP stood up so well today.
Ivemadealot
Posts: 738
Off Topic
Opinion:No Opinion
Price:133.75
Hogweed
8 Jan '15
Maybe no one noticed the rns as it wasn't Pmg releasing it might be delayed reaction but going off that rate its 50% less that it should be after the fix. Down to about 1500 barrel per day to pmg. So much for a speeded up Dana , year what now 5? Can you see we will be valued at £1.8 bill in the next 5-8 years?
Ivemadealot
Posts: 738
Off Topic
Opinion:No Opinion
Price:133.75
Hogweed
8 Jan '15
I think its just a badly writen rns and that's the production rate while they fixed it surely. If not it would have been better left alone. Also they have a hedge in place so still paying $106 per barrel from memory.





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