Firering Strategic Minerals: From explorer to producer. Watch the video here.
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company - seems like we've had roughly one RNS a month for each of the last three months and not much use of twitter on the website.
I cannot see any evidence over this period that the less frequent but more substantial RNSs is making much difference to the share price. Still stuck where it has been for some time now. No increase in volume on the shares being bought and therefore little interest to drive the sp higher. Not sure what but I think some aspects of the strategy will need to change.
One thing I find hard to understand is they told us about Martinez del tineo and the reactivation of a farm out process in April this year but why is it going to only start in Q3. Surely they had all the info available from the last time the farm out was attempted - not that long ago - 2016. Why couldn't they have started it in April, May...? why does everything seem to get dragged out with President - I'm probably wrong on this but it gives the sense to me that any sense of urgency has gone.
Hope they can start to get thigs turned round in the second half of the year, as far as I can see the first half hasn't achieved much.
Atb,
Northern
NM though it is painful we now have all the recent oil well's producing, how much we don't really know but i believe it will be an improvement on last year.
4. Whilst the total Group production showed no growth in the year due to natural declines and the Louisiana wells shut ins for most of year, the financial performance for the year is expected to show a significant improvement on the previous year with materially increased operational profits, adjusted EBITDA and free cash generation. Group oil production in Argentina promises to materially increase in Q1 2022 augmented by the drilling of wells in Salta.
I sincerely hope it's an improvement in last year. The thing is though that presumably is due to better prices this year. It would be good imho to see increased production. Ways of doing this could be e.g. acquisitions or the farm out later in the year might get things moving - but still a mystery to me why they can only start looking at the farm out in Q3.
Hopefully we will get some good news before then.
Atb,
Northern
fantasic news on the way, be patient
Managed to pick a few more up on Monday - looking forward to an update maybe this week or next!
It appears there is very little market love for PPC!!
It's all a bit strange how investors/traders will buy into a high risk wild cat drilling campaign but don't see the potential value (less risk) in PPC - more than happy to wait to see how this performs over the next few quarters leading up to the end of the year!
It would seem we are over looked by the whole market even with oil at record highs , ye i know we get paid less but we are starting to export at international prices and we have Louisiana . I think we need to see the accounts to get some spark back into this stock.
I've been pretty patient for about 5 years now lol!
Atb,
Northern
How are we priced at the same level as at the height of the pandemic when we were only getting half the revenue we are now.
Sent an email again today stating they need to up the PR, we need to let the market know we exist.
Thanks comeonvog. That's exactly how I've felt for the last couple of weeks.
We seemed to have disappeared off lots of people's radar and volumes and trades in the share seem to have really dropped off.
Atb,
Northern
Brilliant question - this is what frustrated me - especially with all the increased revenue.
For whatever reason - and they seemed to have been advised to do this they are communicating less. Imho I don't think this is a good thing.
Atb,
Northern
Peter, time to slap on the makeup and do some fecking PR
Another email sent today, Nikita pull your finger out WE NEED NEWS. nikita.levine@presidentpc.com
Group revenue to 31 December 2020 of US$27.8 million (2019: US$40.8 million) largely due to significantly lower average realised commodity prices, with a reduction of 40% in Argentina to US$30.0 per boe (2019: US$49.9 per boe) and 34% in the US to US$29.9 (2019: US$45.5 per boe)
Share price August 2021 1.85/1.9p
We now have stock in ATOM, Louisianan back producing since 25th February and Salta new oil well's production.
Odd situation from Texas LNG terminal fire, prices fall in USA because terminal unable to export gas. Prices rising elsewhere due to shortages caused. Possible knock on demand for Argentinan supplies, hopefully outweighing lower prices from Louisiana.
Sabotage maybe
Look at the pumping on CASP, perhaps if punters had a look here we might just get a lift. Peter L it's all down to you, where is the PR i hope not asleep under the sombrero .
P L made quite clear there will be no regular updates as of previous years results asume end month as stated June.
Ye we know it's June.
Hate to break it to you steven49 but PR is more than just issuing RNS's .
Of course could do some interviews, tweets plenty, broker also responsible 4 highlighting ppc, let's wait 4 results could be a turning point, will need see substantial cash build if too rerate,
VOG.....They do not wear sombreros in Argentina, only in Mexico and Hollywood pictures. Anyway, I still hold to the theory that PPC's 2nd rate management team put in place by PL is, and always has been the cause of the poor SP. Maybe it is just PL's style. I don't even know much about our new CEO, Daniel Musri! But the stock market does for sure.
However, PPC's future has shown to be promising and interesting, indeed. Even more so now than when I got in, in 2017. So lets see.