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Must admit it gets very frustrating being in this share. Last November the price of oil was at around $35 now it's $61 - $25 dollars more for each barrel and the gas prices President are due to get are going to increase substantially but the sp still has problems even making marginal gains.
So, many people including President Energy say the sp is way too low but week after week and month after month nothing much seems to happen.
Will be interesting to see if the sp does make any real gains in April.
Atb,
Northern
But for how much longer. April will be a busy month for PPC.
Hi all been watching PPC a while now and looks like under valued given revenue 2020 28m and prices much higher now plus target 3600-4000 2021 lots of news flow coming from what I read.
Fundamentals and growth looking solid market will catch up when news flow kicks in again.
Happy to buy before the next rise GLA ;)
It's gonna to happen .
Fingers (and everything else) crossed. Should really have broken 3p by now.
RogueRiver Yes frustrating but gives some people time to accumulate at this price. We had a bit of buying last week and the SP bounced hard , wont take much as we have got rid of quite a few stale bulls over the last few months. Not long now.
Good old PPC. Still dragging its behind as the poo rockets.
Agreed and we have seen how quick the share price can move upwards. Looks as though 2p firmly the base.
An RNS could drop at any time , no matter what people think . Investors will be running the ruler over this stock and with some high impact drilling starting this month, Paraguay news at any time, hydrogen update at some point . Plenty to get people interested IMO .
And today has shown yet again with a little buying how quick this can turn positive, i would think investors are starting to take position before the next run of news.
Drilling programme is expected to kick off as scheduled at end of March with four new gas wells in the Las Bases and Estancia Vieja fields, Rio Negro Province, all due to come on stream by end May. The first well is targeting 353 boepd and take approx 21 days . All four wells will give us an additional 1000 boepd production to sell over the Argentine winter.