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The pet pump and dump is On!
Its on its way nowwwwwwww...
Whos buying into this and why?
Is the next pump and dump?
Nonsense. Company. Not sure how its worth 2pence.
The Irish chancers at the helm have taken the absolute utter p
They've lived the corporate lifestyle at the expense of long suffering shareholders and not delivered.
I think it's all over for Western companies in Iraq. At least when Saddam was ousted in 2003, the West hoped to put their puppet in charge. There was hope but not anymore.
They've never appeared to be in any hurry to try and deliver.
Well yes exactlyyyyyyyyyyyyy …..
Wot a load of nonsense this company is.
Sampson with the Chinese and Russians moping up all the oil contracts in Iraq I really can’t see how a two bit company with no resources or experience can get anything.
So what happened to the application that was made ?
I sent DH an email last week he never replied! Well he hasn’t replied yet let’s put it that way. GLA long term suffering holders.
As per usual all the shares that are purchased one week are sold the next week, have watched this happen for years, time this lot were investigated by the SFO.
Sampson and Pauly I’m with you all the way.
If anyone can tell me what this pair have done in 30 -35 years …..??? Yes I’m pet bashing !
This PET is seriously not well…. Uselsss company. Useless JT and DH. Disaster. They would be better off and make more money tarmacking driveways.
I really dont how how long they can keep us hanging on for. Weeks? Months? Even more years?
Imminent News !? Yessssss haven’t we all…..
I thought we would have had a RNS confirming their bid…
Is it the warrant redeemers? (Still 10% uplift available from 1.8p though needs buyer volumes to soak them up or it may fall further. I've been waiting on imminent news for PET for well over a decade. Same with CLON.
At the AGM David said they could use Petrel as a liquid LSE trading vehicle.
They submitted a proposal for Merjan for September discussions.
As of February 2023 no other competitors had submitted a bid for Merjan.
He closed by saying they had received multiple approaches and substantial interest in Petrel as a shell
Nothing
But how do we know that they have submitted anything !?
Maybe they haven’t ……
Awaiting the RNS confirming consortium and tender details for the licence which has to be submitted by the end of this month.
So by now everything should be on track
What’s happening…..? Any bloomin news ……??
I posted this on another board but relevant here too.
I have shared many articles in the past with this board.
One thing I have always been confused about is despite the economic problems facing Ghana they continue to work at a snails pace and are ridiculously slow and burearactic. They should be desperately and frantically trying to move ahead with discovering oil and gas as their very future depends on it.
Here is a snippet from business insider:
In September, the Ghanaian government filed for bankruptcy after failing to pay billions of dollars it owed to international creditors in December. Ghana continues to face financial challenges despite receiving a $3 billion loan from the International Monetary Fund (IMF).
And the rise continues. Be careful with this one.
I hear you mate !
Gulable - I hear you loud and clear m. So many insincere and fake people here but good to see a few genuine people still in this. Quite a few of us are in the same point and have our fingers crossed for a rare miracle. If these lazy, professiobal and heartless BOD can do even 10% of a half decent job we may multi bag but based on a very poor track record I am holding my breath (and have been for many years!)