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SotB - your arguments are less than convincing and to compare TC with footballers is rather strange to say the least as I am sure they do not know diddly-sqaut about the O&G industry.
Shell is up 1.07% after the BS news of windfall taxes, you really are something else….ignore!
All the oilies are down... lead balloons all round !
Yup, this is the proverbial lead balloon but some will lead us to believe we are almost there…..8 years later!
£500k a year is cheap not even on a par with footballers
Bale getting that a fortnight !
Persistent rampers continually regurgitating out of date Finncap 'news', mystery big buyers, imminent news, etc. seem quite desperate to try to influence the SP.
They will have no effect whatsoever or encourage any II's to invest as they never even look at BB's such as this.
Only news direct from PMG on positive actions with firm schedules to get the assets producing will bring any improvement in attracting II's & result in an uptick of the SP.
In the meantime as usual don't hold your breath for TC to cast any light on the situation. The longer he sits on his a**e getting his £500k per year the less chance of being able to capitalise on the favourable climate towards O&G E&P.
GLA
0.7%
doyle172
What is a lot,if you don't mind my asking
Someone has been buying a massive stake recently. Get your facts right. Small time traders moving the price. The person that placed that last £280k trade at 59p recently knows the upside potential here. Don’t worry about daily fluctuations. Time to accumulate more if you can. I hold a lot here. Just waiting for the big move
Tommy might hear you.
No need to shout Huddersfield..........let's see what the messanger brings first , Either way what a seriously strong multi bagging opportunity !
Sp soon be at 35 .. finncap say 160....
There's some bull....sh...te. somewhere, and no one looks to be buying into it,
Will pmg ever get out of there rut????
FACT...
History of sp last 5yrs says THE SP IS STAYING DOWN!!
Finncap will need to include an "investment allowance"
for Parkmead !
Our profits will be reinvested through our existing assets.
Have you seen the big buying recently! Traders playing with 10000 blocks selling and buying, massive buys regularly over last few months culminating in a final £280k buy a few weeks ago. The rest of the action is just small trades. Has fallen recently in very low volume. Not a lot of stock free. Will explode back up with any volume / news. Good time to accumulate if you can. That big buyer knows something. I make it nearly 3 mill shares they have snaffled.
Skerryvore will be announced shortly....Waiting for results of the Edinburgh well......Boom......
160p that's just the Dutch gas then there is..large Skerryvore
prospect (11p/sh risked, 207p/sh unrisked) where a drilling decision is expected this year.
What to fluck is it doing at 45p range
Looking like heading back to it's lows with an unexpected drop soon as it starts climbing,
My guess is bad news coming,
Investors may not realise the potential of GPA and how near to FEED the project is
£17.61 unrisked. Obviously take with a pinch of salt. He did it with Dana
https://www.parkmeadgroup.com/uploaded/research/finnCap_Research_25.03.2022.pdf
Go to page 8 for PMG's table net asset value.
Risked Nav 160p.
scott240’s still playing his old games I see.
One week (after he’s been drinking the gin) PMG’s worthless, the next (after he’s been drinking whiskey) it’s worth a fortune. It’s all there in his posting history and it’s all made up nonsense.
If it is used to incentivise expedited investment into the North Sea it could be a good thing. Might find that the majors have to find assets to invest in or pay more tax. Could be good news for PMG. Who knows
Do we think the windfall tax is detrimental to PMG
Can we discuss
My view is that you don't screw your major industries, you nurture them. Where was the help from the Government for BP after the Gulf of Mexico disaster when the Americans all but bankrupted the company allowing inflated and fraudulent claims? Where was the help from the Government for oilies when PoO went to $20 or less in 2020 and huge losses were made? Why is there talk of windfall tax when both Shell and BP have just recognised billions and bilions in right offs on Russian assets as a result of Government pressure and sanctions? Could Tesla, Amazon. Apple, Facebook, Microsoft, Google, Oracle etc have been British with a different attitude? I think they could, British inventiveness is second to none but compared to America is stifled.
JOHNPWH , that will help the pension funds in this country no end . It’s the same money , it can’t be spread like confetti . Remember there is no magic money tree ..
I was planning to sell some at £1.18 then £1.40 then hold the rest,but think i'll wait till the £3s now.......
Fingers crossed!!