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Good luck on that target ferret, I’ll be joining you in the queue to buy
I imagine a few folks sold TLW and jumped in here !
Well done PMO. Marching onwards to Poundland !
Nothing personal Mr Ferret, but I hope you have a long wait.
Beerbull - if i recall correctly i sold out at 88 so i am still happy with that - it seems to be doing its usual trick and ticking back down so will hold on sidelines and see how things pan out today but honestly i am looking for a late 60's or early 70's to buy back in
Re Shorts Beerbull, no i take your point but there are still 4.14% with shorts in excess of 0.5% and then i am sure a lot more with amounts below the reporting level (didnt check Euroclear lately).
Re shorts, would you want to be short with zama hanging like the sword of Damocles over head.
Bit harsh ferret, surely you would have been happier to sell in the 90’s rather than 80’s. Anyone expecting Zama news I think misguided, once terms have been agreed there will be an rns, too price sensitive to hold over for an update. I know your not a great TD fan, but I believe his delivering on there strategy. Solid buy.
Tolmount will be roughly half to 2/3 the net impact that Catcher has on production and cash flow. With the Catcher infill extending plateau production and possibly another 5kbpd from Soal Infill, as well as BIG-P should see daily production hit 100kBoepd. I think the graph on p.11 of this presentation is a little conservative....
http://www.premier-oil.com/sites/default/files/presentation/2019-hy-results-presentation.pdf
Ummmm so thats why the shorts didnt sell out - no meteoric rise, no surprises, should we say met market expectation and the SP action reflects that - fair ?
At least we can say that, whatever happens later. Anyway all that know PMO, just good to be up again !!