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EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


Premier Oil Share Chat (PMO)



Share Price: 63.00Bid: 62.75Ask: 63.00Change: 0.00 (0.00%)No Movement on Premier Oil
Spread: 0.25Spread as %: 0.40%Open: 63.25High: 64.50Low: 62.50Yesterday’s Close: 63.00


Share Discussion for Premier Oil


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ROS1
Posts: 892
Off Topic
Opinion:No Opinion
Price:63.25
RE: Just
Thu 15:17
Cheers.

I, for one, then would really appreciate that RNS (buoy and other tests!!) to come sooner rather than later. You and I both know that the actual timing really doesn't make a huge difference if one is not day trading, however we will be heavily scrutinised and any hint that the 'deadline' will be missed will impact the SP. To counter that, any hint that PMO may actually achieve will have a blinking good chance of sending more than a few of the shorters heading for the exit!!

Whatever the actual milestone for the RNS, there needs to be one. Without, failure (rightly or wrongly), will be assumed.

ATB.
 
oiluser
Posts: 2,105
Off Topic
Opinion:No Opinion
Price:63.25
View Thread (2)
RE: Just
Thu 15:06
I'm not privee to that detail but if i was to "speculate" i would say that 60 days starts after connection to buoy and whatever tests are required to confirm the connection. As i said, there will be many milestones in the contract schedule. And that contract schedule is not public.

Secondly, PMO have said FO in 2017. Thats 73 days from today.
TheCashFerret
Posts: 852
Off Topic
Opinion:No Opinion
Price:63.25
RE: Just
Thu 14:56
I simply cannot believe that people (so called investors) are defending the actions of TD and lack of communications a a positive thing.

Tell me please what is positive about a 12 month loss on an investment - thats not good business by any stretch of the imagination. All i can say is thank god you guys only spend your own money and arent responsible for other peoples
ROS1
Posts: 892
Off Topic
Opinion:No Opinion
Price:63.25
RE: Just
Thu 14:52
Oil, I agree (within boundaries of course), that the exact timing of FOIL is not of huge importance - 60, 70, 80 days will all be pretty darn good. My question was legitimate however - PMO stated 60 days and I wondered if you, or anyone else, know when that starts. Shame Chang isn't around anymore lol.
oiluser
Posts: 2,105
Off Topic
Opinion:No Opinion
Price:63.25
View Thread (3)
RE: Just
Thu 14:44
Screen locked up.

I really dont care for these date games, the information your want is in schedules. Tbh, FO anytime before 31st of Dec will qualify as meeting promises and guidance. And tbh again, if its a month later and no one is hurt, no enviromental spills etc i will be happy.

Dont be surprised if an RNS is issued, but not for a boat arriving in the vicinity of the field.
H-hi
Posts: 2,385
Off Topic
Opinion:No Opinion
Price:63.50
RE: Oily is doing share buyback @ 1..
Thu 14:40
Oiluser is rich and knows that PMO will hit 200p next year but won't buy from us poor guys at 100p.
ROS1
Posts: 892
Off Topic
Opinion:No Opinion
Price:63.50
RE: Just
Thu 14:39
Fair enough. (...you have replied twice though lol). Anyhow, when does the 60 days start?
andy.p
Posts: 6,148
Off Topic
Opinion:No Opinion
Price:63.50
RE: Just
Thu 14:38
I would resign!
oiluser
Posts: 2,105
Off Topic
Opinion:No Opinion
Price:63.50
View Thread (3)
RE: Just
Thu 14:37
Buoy pulled in and rotation tests complete may well be a payment milestone in the contract between the parties, and this may make its completion news worthy to stake holders and share holders alike at BW and both oil companies. Floating around a predetermined location and waiting to start work is not a milestone,

No need to reply, its not worth labouring the point?
oiluser
Posts: 2,105
Off Topic
Opinion:No Opinion
Price:63.50
RE: Just
Thu 14:37
Buoy pulled in and rotation tests complete may well be a payment milestone in the contract between the parties, and this may make its completion news worthy to stake holders and share holders alike at BW and both oil companies. Floating around a predetermined location and waiting to start work is not a milestone,

No need to reply, its not worth labouring the point?




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