Member Info for AK57

Hoper,
Here’s the link

https://www.reuters.com/article/us-premier-oil-outlook/premier-oil-in-talks-on-longer-debt-extension-shares-fall-idUSKCN24G12Z

GLA

Hoper,
Check my previous posts, someone like you asked and I provided a link ...

Zuma is an icing on the cake... but currently is not definite that’s why I left it out ...

Sausage,
Oil analysts are expecting Brent price to be $50+ by end of September. Premier oil break even is $32. Every $5 will $30 million to balance sheet...
PMO is expecting to have extra 27K b/d by end of September.
And no need to mention 25K b/d from Tolmount.

GLA

Sausage,

Are you really suggesting that PMO shares will nosedive by ~50% ???

Sausage,

Why Wednesday???
TU is on Thursday lol
Good luck to you on your shorts

TTNY,

Thanks for sharing the info... very useful.
Cheers

One of the surprises could be NO RI, and PMO will raise the funds for BP assets through II (institutional investors) with premium on current share price.

PS pure guesses on my part

Oscar,
If you think 10p why don't you short the stock?
for your info:
"Premier has reached agreement with its largest creditor...."

So far no leaks and no rumeurs and the board is silent... Is TD will surprise the market?
Any Thoughts?
GLA

Almost same article from the Fools on 23th of July ...
Shorter are paying for these shiits

The order book was so strong today, no many sellers, so I guess the share price will open up by 5%+ and will see a blue day.

All in my opinion

I guess tomorrow will see 75/77p and still cheap...

Of course is undervalued!

Well if there no body there to respond that will be my last message to share with a brainless bd?

GLA I am out for good... LTH if you read my post of early June (8 June) you would be better of (all in there)0

Well if the refinancing agreement is fair and satisfactory this share will fly.

We already have $27M from shares issued to ARCM AND $55M from oil price hedging .
I would suspect the debts will be reduced by upto $55M by 20 of August.

All in my option.

PMO expects to book a $300-$500 million non-cash impairment at its first-half results due on Aug. 20 due to lower oil price...

I guess is not bad at all.

Any thoughts out there?

That shows shale producers are suffering from low oil prices

Lenin

“
Durrant said the group's cash flow would rise by $30 million for each $5 increase in benchmark oil prices LCOc1, which currently stand at around $43 a barrel, above its break-even price of $32 per barrel.
“

https://www.reuters.com/article/us-premier-oil-outlook/premier-oil-in-talks-on-longer-debt-extension-shares-fall-idUSKCN24G12Z

Good luck mate.

“if required, an Acquisition Bridge Facility of US$300 million...” was mentioned on RNS of 7 Jan.
Is this option still on the table?

Any thoughts?

I’m not worried about the rights issue; what I’m concerned about is the refinance. How much of our flesh we have handle over to the creditors?

The RI will be balanced by 17000 b/d. Plus 10000 b/d from Solan.
In addition Tolmount will add (Q2 2021) 20-25K b/d.

GLA

I would guess the refinance is imminent now.