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Yes I also see this as cheap all that cash in the bank and a M/C of circa 45m I know oil and energy is very cheap at the moment but some times stocks like this fall too much and become very cheap this is the time you add in my opinion and much news to come....
Wow! What has happened this morning? Bad news on the way?
Or a big drop before good news announced?
Time will tell, but the markets seem to know before an RNS release!
I would say people bailing out and going into Bahamas petroluem.
Or cash? everything going down today.
I have said, something very wrong here for some time now!
I still say Perth and hub will never happen, time will tell!
They are either looking to take out another company like Cluff, so they drop the price to entice shareholders there to accept the offer!
Bring it on!
This is dropping like a lead weight in the ocean !
28p I will be back in if it ever goes there! Or they can take Cluff out where I hope to get in the back door very cheaply! As I own quite a few there, that was my plan for a few years now!
TC won’t let me down, I still say he will pick up Cluff, with them having £15million raised late last year, and Shell as a partner!
Scoobydoo5
Parkmead not interested in Cluff.....
Maybe, maybe not, tell me why?
We are holding £15 million in cash, have She’ll aboard, what do PMG have? A small amount of gas, and cash in the bank doing nothing, a bit of land to put a few windmills on !
Cluff has no debt!
What’s not to like?
What is Cluff producing ?
Do you know how many small companies actually produce?
Reserves is what is important, production can cause problems, build reserves is this not what PMg are doing?
Be sensible, Encore oil never produced a drop, was taken out, I learnt this along long time ago! Maybe you should read up on non producing companies taken out! They call them explorers, lol
Scoobydoo5 : Encore was an exploration company find and sell oil.....Then go Bust in a down turn !
Sonof the bull
You’re an idiot, they didn’t go bust, they were bought out, I was in them at the time, you absolute tool!
Now go away as I know you’re a muppet!
Bought out for £1.12 before the down turn or else they would have went bust.......Please don't twist the words
So of the bull
You’re twisting words son, not me,
You said they went bust
I made a fortune now go away, and wait for PMG to take out Cluff!
I have been in PMG before you ever were, I bought into a company hoping PmG would take them out previously and they did, now you try working it out which company it was, by looking it up on the web!
Ha ha why look it on the web when u can brag about it out loud
Well brag then, you have been doing that for years lol
As well as shouting out loud!
What ever.......
SOB don’t be like that!
Scoobydoo5: Ok what's the buy in price for new comers to this wonderful company run by one of Britains top entrepreneurs ?
SOB whatever they are prepared to pay, don’t you think?
Surely that’s obvious to a man of your intellect!
How long is a piece of string ?
You all need to learn the art of investing from Rick Rule. An amazing guy and this is a good Interview. He's my mentor . https://www.youtube.com/watch?v=mJ81inqSBWI