Member Info for barnyards

I’m trying to remortgage my house guess where the funds are going to sit while I wait for a house to come up to buy! I’m gonna get another 1000 if it dips to 290 again

WOW a whopping 1000 shares @ 290p

is it a caravan you're trying to re-mortgage :-)

"What's your Twitter handle"

well my guess would be its @justinslovechild

chocks away :-)

"My ONLY concern is the very close relationship he would have developed with the FiG personnel"

I definitely wouldn't let that be of any concern to you as it's not nearly as rosy as the curly top might have you and/or others think.

FI doesn't give a FIG (see what I did there) who is in charge as they just want to get it developed and producing as it will generate significant income in the form of royalties and tax for the government and its islanders for whom many are existing shareholders themselves.

GL

apparently there are 18 new posts today and the strange thing is ALL OF THEM appear as green boxes in my feed

whoever you are, give it a rest and go get a life

so 20p or there about is mr markets fair value

I wonder who could have predicted that not so very long ago :-)

roll on Q4 and main market listing

until then

toodlepip x

Resolution 11 - SP (Standard Procedure) for any CFP (Cash Flow POSITIVE) company and it is no different from last years resolutions :-)

https://serinusenergy.com/wp-content/uploads/2020/05/2020-05-15-AGM-Results-Final.pdf

all good

steady as she goes cap'n

PS
I wish certain folks would give it a bloody rest with the constant ramping and links to twitter etc as the more promotion there is like that, the more it sounds like a pump and dump

you know it was nice and quiet on here only a few weeks back and long before all these twitterazi nano second penny traders arrived

I prefer to let the company do all the talking

toodlepip x

oh god here comes Mrs Needy again with its repetitive and rather tiresome I want, I want, I want, and I want it ALL YESTERDAY

I much preferred it when it was on the naughty step :-)

TTFN x

most of the outstanding warrants are from prior years (North Sea operations only) fund raisings and they were all 'reset' to nominal value (as were all existing employee stock options) upon readmission of the enlarged (post Canadian deal) group.

really not sure why some shareholders are getting their knickers in a twist about any 'exercisable strike price' as that is the price of doing business (covering historic loans and all that) and (for me at least) it is simply clearing the decks going forward and was / is /to be expected.

right back to sleep whilst I await my dividend payment :-)

not sure what Linda Cook or Phil Kirks offshore remote experience or lack of it has got to do with Sea Lion getting sanctioned as the experience already lies within in the form of Premier oil employee's who have transitioned over to the enlarged HE group but I suppose it gives you that angle to promote your best mate Iain Thomson again :-)

BTW do you think Lord Brown had the necessary hands on or background exploration, development and all sorts of onshore or offshore production experience when he was top dog at BP during one of its most successful ever periods

nah neither do I but he was one of the best

toodlepip x

"truth is RKH have no say in Sea Lion`s future any more they are merely bystanders"

a slight correction if I may fuddstone

the real truth is RKH have never had a say in anything related to the FI (even when drilling Isobel and Isobel Deep despite owning the lions share of the acreage) the day dumb and dumber sold their souls in that fateful farm out to Premier

the word on the real slippery street is

you shouldn't believe everything that dumb and dumber tells its shareholders :-)

Borgny Dolphin was a good old rig in its day :-)

Lasmo (consortium leader) drilled 1 well but it was dry

Amerada Hess drilled 2 wells and had hydrocarbon shows in both

Shell drilled 2 wells and had hydrocarbon shows in both

IPC (which later became Lundin Oil) drilled 1 well but alas it was also dry

yup em were the days alright

toodlepip x

the FI leg end (aka garbled) has been on the old slippery street sauce again

"we will see in the next 12-24 months which SP will do better"

didn't he say that during the 2010 campaign and again during the 2015 campaign

3 wells and 3 rigs wasn't it

£20p

nothing left

Who brought the last rig to the Falkland? - Premier Oil

Who built the temp Dock for the oil? - Noble Energy

oh and as for all this (unfortunately I hold shares in RKH) malarkey

since when did having a few quid per point on the old never never via a spread bet (borrowed shares) ever be construed as a being a err umm genuine share 'holder'

Argos its been 26 years since their inception and they still haven't managed to drill a single well

maybe they should stick to what they know best - fishing :-)

50p on Rhea LOL

tralalalala

"shafting us all again"

nope most definitely not 'all of us' :-)

rookie by name rookie by nature

tralalalala

"Argos has the advantage of undiluted shareholders and an extremely lucrative income stream by way of royalty payments on production"

tuggy with all due respect, I think you will find your 'lucrative income stream by way of royalty payments' went out the door the day Noble walked.

but one thing for certain is that no Argos acreage farm in partner (if one ever materialises) is going to go it alone by hauling a rig all the way to the NFB (and back) to drill a well or two (or however many it might take) given the ALL IN operating costs and requirements of fully servicing and supporting any remote drilling campaign.

trust me, hiring a rig is the easy bit :-)

'the clever ones keep adding and keep quiet'

yes well based on your own logic your inability to ever keep quiet rules you out as being one of the clever ones :-)

https://www.youtube.com/watch?v=wOSseI1hao8

its a no brainer innit

180k shares...@ 22.152p.....Aiming for 250k shares (max)

YAWN who gives a flying fig about your mirage trades :-)

lots of irons in the fire and it is envisioned (Linda Cooks words) they will be taking things slowly this year whilst they continue to align and embed the business units and gear up for their intended FTSE main market listing in September.

the 2 projects mentioned with most interest here were

Zama - review is at an advanced stage and targeting FID approval sometime during 2021

Sea Lion - early days in the review process but it is ongoing as part of their prioritising CAPEX expenditure for next couple of years but any FID decision is unlikely to occur this year.

a general comment (again from Linda Cook) on capital allocation - its only day one of the enlarged company so there are still many variables that are unknown (SP, POO, Covid, etc) that will effect any capital decisions in both the short term and long but they are looking at months rather than weeks before any final decisions are made on capital distribution and any priorities.

I'm sure the FI picture will be a whole lot clearer later on in the year once things are settled down and bedded in.

in the meantime Sam & Stu better hope the Italians pay up big and soon or else they might be putting the hat round for a contribution towards their excessive annual packages.

TTFN

here's a recap just for you ... see I did say :-)

barnyards
Posted in: PMO
Price: 26.69
22 Mar 2021 07:52
RE: One for one shares
whether it x billion this or y billion that, surely given all the uncertainties surrounding what the market will value PMO's existing shareholders 5-5.45% holding of the new enlarged (HE) company the appropriate thing to do (for most) would be to sit it out and wait for it to re-emerge on the 1st April and then decide IF the SP on the day has added value or not.

IMO this is like holding a share going into a make or break exploration well for a junior oiler on the red or black drilling results and the only ones who normally do that are the gamblers and rainbow chasers.

investing in the unknown ?

well that's not really a strategy for an 'investment' is it :-)

barnyards
Posted in: PMO
Price: 25.00
23 Mar 2021 09:07
RE: Manipulation
roll on the 1st April and lets see what Mr Market has to say

20p would be good :-)

BTW it's 21.5p to sell now but I think I'll hang on for just a wee bit longer

TTFN

LOL that's quite a statement coming from a brickie

thing is I remember you trading PMO not so very long ago for penny swings in the 19's and low 20's and then selling out completely in the 21's to go chase some other 'rookie' banking rainbow just before their steady rise back up to 33p

RRE did me proud, almost a 3 bag in just a few months (if you include the 4 fig dividends) whereas I recall you were holding and topping up in the £20's screaming £40 soon before it all came crashing down in March and April last year

rookie by name rookie by nature

nothing changes :-)

why would anyone buy and hold into the 'unknown' and that 20p 'could be' fair opening value :-)

anyway bagged a bunch @ 18.75p

I do hope SK wasn't planning on any high wire walking today

onwards and upwards

'we are missing the guru's comments'

oh please not GGG the re-moaner :-)

but since you ask, try this

https://www.youtube.com/watch?v=hEBpuWxR1P8

and remember the house rule that nobody understands anything in an RNS but the great man himself

play nice