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Delighted with SP rise. Must be doing an M&A type thing (hopefully).
Wtf.
Spot on, Granto.
I think the action will be this first half year when I look at the 2016-2017 Work Programme. Sibkrayevskoye Development Plan: · Development of Pad 1 with up to 7 vertical/slant wells and 6 horizontal wells · Construction of 26 km pipeline and power line from Pad 1 to Lineynoye central processing facilities Q1 · Commencement of development drilling and production Q2 So I think we'll get a production update and a progress report on YTD 2017 development work
overdue, and in this game - that's either bad new or no news ( which is also bad news ).
Yes been quite some time since the last update.
This company must be due to issue an update.
It's back to the 1p again - not hard to predict this AIM also ran MR
There are not that many shares out there that can cause as much grief as these. On the face of it, things seem ok..but if they cant hold a value in such an environmrnt, what hope can be had? It seems that trust is scarce
1700bopd won't butter no parsnips - it's all about next year. Oil should go to $55 , this will still be around when others fall . Waiting
I wonder if we're about to be merged/taken over. Clear hints in the recent report and the recent jump in volume and SP would indicate something is in the offing. Can't be drilling success as we're not expecting anything.
Dubh, I have been somewhat bewildered at the low sp prior to the last few weeks. I know other oil companies that are either producing a fraction of what PTR are, or are not even producing at all, and yet their sps are up around 1.7/1.8p.
fiah, I have been of the belief for about two months now that someone is building a stake. I would rather if it was a bunch of unrelated PIs but there have been literally scores of exactly100,000 share purchases. It's just too coincidental to be anything oither than stake-building. I've nothing against some II taking a position, btw, so it's all good.
I felt the price should never have dropped below 3 p even in the prevailing market. But there was obviously no appetite to support it among investors when the whole sector was tanking. The company looks as good now (to me anyway) as it did a month ago and I can't see much that has changed apart from the rise in oil prices. Of course I'm very welcoming of the rise.
A lot of round numbers recently, someone building a stake? Ticking along nicely, with no spikes, bods well for lth.gla
6p would see me get a nice profit. I'd take 5p.
Do you have a for sale price ...?
There ya go, Granto! I make this out to have risen about 55% in the last few weeks?
for £100 ….Boo
Ticking along nicely now, maybe this time next year, I will have wished I topped more, however happy with my quota. Gla
The sp had been rising before OPEC's developments last night and this was despite a disappointing drill (on the outskirts of Sib). I think with both PoO looking better and the upcoming Sib drilling proper Q117, the sp may see further gains. Of course any slip-ups with the PoO will see falls.
Might be a bit of value in due course bopd has increased, its likely poo is also going to increase in near term.
Didn't expect it next day - but it's been coming MR