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LOL do you work for ARCM trying to deramp,
I’m starting to wonder if the reason there has been no comment is because they were aware of it.
It’s very strange TD hasn’t commented if only to say he is disappointed. It’s quite possible discussions were had behind the scenes or off the record.
Your the only JOKE Betrayed!!
If she worked at Pmo office she would be in a broom cupboard, it’s not like they devote much thought to investors.
Still no update on zama or comment on shorting activity
An Investor Relations person working from her ‘Private Office’? Ms Brooks should be in the PMO office. If Ms Brooks is working part-time lets hope she is paid part-time.
LTT, I see no reason why opec should allow $50 poo, when at $65 shale is struggling for cash. Although it could be another year before we see US production decline, the lack of investment will come to roost.
Some,
I seem to recall some of PMO hedging comes of next year too so should start to reap further rewards of a higher oil price if it holds $60+. To be honest, despite the media waiting with bated breath for OPEC talks and US EIA numbers; it would be crazy for OPEC members to say after March, "Ok back to a free for all" and see oil back to the mid $40. I mean I can't imagine anyone has the spare capacity to pump out enough to make it worth while. You'd have to pump 50% more oil to earn more than you are now at $60, or is my maths way off. They may well be cheating a few 100k here and there, but to openly say "We are not taking part anymore", well I just don't see it happening.
LTT
So some of the debt has been sold on to hedgies. I think they need to refinance, get the debt back with banks and away from hedge funds that short debt and don't think long term.
But PMO have already said they've begun refinancing discussions for refinancing next year. So we know they are addressing the problem and I don't think they can hurry the refinancing process.
Much better to be in PMO than TLW or ENQ who are facing downgrades though. Catcher though is outperforming. Was supposed to max out at 50k bopd, but is now doing 66k bopd and production is being held back by FPSO capacity. Year end PMO say Catcher reserves will be upgraded. Upgrade of reserves at main production asset should unlock cheaper refinancing, because it shows PMO has improved ability to repay.
It’s not just any old shorter it’s one of our lenders. Not only that but as many of us on here have questioned strange share price movements and the reasons behind it.
Also as someone said earlier that ARCM have indicated that they will not be participating in the next refinancing which could indicate they are trying to create doubt.
TD needs to reassure shareholders that he is aware and is dealing with the matter.
Antigua, what has he to respond to? A shorter brakes the rules on disclosure - not his problem imv. If they issued a phoney report outlining why the company sp should fall then that would be different.
Yet again no response from Pmo. Given the Tlw news today and subsequent drop has no doubt handed the initiative to the shorters and will likely lead to a rocky few days for our share price.
Why oh why will TD not show some b**ls and show some leadership and issue some sort of statement. All this serves to do is show weakness!
Fundamentals for Pmo are good but it won’t stop the share from sliding if he persists in silence.
Members puzzled. Hardly a surprise.
How the Hell do I now how many shares he bought......... it docent matter. He owns these shares there of significant value to him and he wants to maximise there value. If he is chasing up the FCA he will be doing it professionally and you will find out if he has something on them. If he docent its because the FCA can not do anything substantial enough, TD dose not make the law up you ******!!!!
Betrayed all you want to do is make PMO look bad!!!! And spout LIES.............
£2+ if they close and zama sells
To Be fait shes always been spot on with me and happy to discuss problems as well as positives!! TD holds 1,671,329 shares his motivation is to benefit financially. Being open immediatly to the public is not always in the company best interest, but I m confident they will be doing whats best for Premier.
They are hopefully working on some news, but just can't talk about it yet.
Too convenient ! Working in her private office today.
But you notice no-one wants to take on a reply in her absence, which they must have known would happen today, especially after what has happened to TLW.
Anyway, in meantime just got to wade through the waves and try and make some profits in all of it LOL
Convenient:)
I Called Elizabeth Brookes today but she's away until Thursday!
Did anyone call her today about the shenanigans