The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Petrel is seeking direct discussions from IOM for contracts. It is not currently qualified to bid in this round.
The Akkas gas field contract has currently been awarded this way.
The current bid round is only just the beginning. It then starts to get interesting. Especially for anything where there were no bidders. There are other smaller fields.
After years of delay the Iraq oil industry is beginning to open up.
Echo 1 he’s on SND shamelessly ramping that top riser of the day now !! Losing investors a lot of hard earned cash this week !
Just feels like a placing is coming and possibly not even any good news that might get it away at a higher level?
They mentioned dilution in the Interims , quote:
"So far, we have avoided dilution, [but as we roll out high-potential new projects, and the share price hopefully rises, it may be attractive to accept funding]."
SP has not risen up until now, so now what? Any Iraq news to set it alight? I understand the skepticism!
Lololol cheers for the heads up Pidster
His ramping is utterly shameless.
I would imagine plenty will be selling at a loss here again
And they have my sympathy. Pet is a joke of a company
Wot a silly Billy he is.
He’s over on the MDZ board ramping again while the price drops ! You can’t make it up !!!
Not bashing this company. But remember that it was formed in 1982 has a total of 3employees.
I mean really do you not think they are on a jolly?? What company has 3 employees??
Come back David lol
Aren't those 'big orders' being filled as we speak lolololol
'No nothing' actually means, everything!
No update- No RNS - no exploration- No Oil- No Iraq deal- No- Block 6. No nothing. I sent DH an email. He hasn’t replied. ( yet !) but I’m sure he will Inshallah
Is there an RNS due?
We live in Hope but I don’t think there will ever be a Block 6 for petrel resources. I think we need to get real here imo. DYOR !
Not any sellwrs down here. Mm's feel free to take it back up as qe await block 6
Think it has bounced and now for a rise back up
Is their an update somewhere? I find that no one seems to really know anything until we get an update. Of course I'm skeptical here given the track record, but sometimes you just never know. Seems to be very volatile on small turnover , over the last few weeks, indicating some uncertainty or possibility over something changing for PET soon.
Rampers take a risk buying and then promoting with hot air hope.
Shameless rampers. There was no bid for Merjan now they're pushing the 'bid for al anz' line.
If anyone is fool enough to fall for them in the light of all available data that shows its extreme low likelihood then they really should not be trading
Not today by the looks of it- gulp
Has always been there goal since way back when. Maybe. If they don’t get that then they need to forget Iraq and move on.
Al anz (block 6) imo will be given to petrel
Hope your right mate
With who????????? Thats the question. With who??
Jv project announcement coming imo
Sampson and Pauly I agree with you both 100%.
You honestly think petrel resources would get anything ?? Really. Against these companies. Pet has no chance. A minnow.
Mate we are both of the same mind. Whos this bloke David who is writing absolute tosh. Clearly knows zero about what has gone before. Of course this will all end in tears. They have made no bid and the SP will sit for another 20-25 years at 1-2p or go bust. They haven't done anything. Zero exploration. What happened to something off the coast of Ireland. Did they not have a basin there ?? Joke of a company.