Member Info for Bear666

Ryan/moni,so you're expecting 60p by Christmas as CF alluded to if i heard him correctly?
How?

btw CF mentioned his concerns for long suffering shareholders. The OO brand has been tarnished/damaged by this decline in sp and bb dissatisfaction. CF should consider selling the company (bird in the hand etc),since 60-70p wouldn't be so bad. That would be ten fold increase for those who got in at 6-7p early doors.

CF hijacked the POLB interview the other day by stating once again outrageous numbers for POLB and OO imho.
POLB times 10 and OO (30-60p by Christmas?) and as is quiet evident, the initial surge in buying(although not as high use to be) ,the share prices have retreated once again. dyor
Let the contracts do the talking!

OK dyor..he might be wrong.. placing rumour.. dyor dyor

Posted to help/inform ppl so that they can do their research and thus make their own choices.
Stated "rumour" so he might be wrong.
Time will tell..

yesterday's bearcast rumour?
Not posting details since he maybe wrong. dyor

https://www.msn.com/en-gb/news/world/russia-officials-admit-they-failed-sputnik-vaccination-drive-as-covid-rates-soar-to-record-high/ar-AAPF22k?ocid=msedgntp

not removed, diluted

I think that besides the overall market conditions,the spin-off model that PJ has proposed is not going down well many pi's.Even though POW will retain a interest in spin-offs,psychologically value will have been lost since a asset will have removed from POW's books,thus the shares will decline pro-rata.

with his constant tweets,retweets rns's,interviews etc which are becoming a irrelevance in many pi's eyes. His moaning/frustration @ the share price decline is now becoming irritating and off putting.His constant restating his investment in POW needs to be put in context.
Most of his shares were bought at a fraction of today's share price and his seemingly unlimited warrants etc at a considerable discount to the present price and needs to be called out.
What is average on his current share holding and when exercised what will be the average price of his millions of warrants?
Lastly what will be his average price paid when all his millions of shares have been bought?
Even at today's declining price he's still well in the money.
Most of the projects have been bought for little capital and are some way off from returning income.
There must be many who bought at the top(3 1/2p) are hurting,so PJ should calm things down and report what's important/relevant.
No i'm not a deramper just saying it as it is. dyor

3/5th drop in share price from high.
Spin offs delayed
Thin margins.
Take out cash raise money and what's the real value ?

Do shareholders get shares in the proposed spin offs?
If no, then value will have been extracted with each spin off and thus the POW share should decline.

The rns stating "Preparations for Tilapia II Licence" was over a year ago.
Is that all over or is there still a chance of a deal being signed?

GRH could you be good enough to address my question regarding your post "your post (04 Jun 2021 09:07) was talking about "shareholders could receive a special dividend as follows:

Low estimate discovery: £2 per share

Best estimate discovery: £6 per share

High estimate discovery: £13 per share"
1)Do you still standby your numbers above?
2)Where do you see the share price in the next six months?
At current 5p share price today ,divi of £'s is totally inconceivable?

Just to be clear.. i've traded PRD several times a few years back and recently at 8p(no loss/gain) and have been keeping a eye on bb/rns's.Don't hold at the moment.Will trade if op presents it's self.

BTW GRH you certainly come across someone with knowledge and i for one love divi even half what you stated.
atb

you are held in high regard by many on this bb and i've been reading some of your previous posts.Back in early June when the sp went over 20p intra day your post (04 Jun 2021 09:07) was talking about "shareholders could receive a special dividend as follows:

Low estimate discovery: £2 per share

Best estimate discovery: £6 per share

High estimate discovery: £13 per share"
Would you like to retract those figures and give a more realistic evaluation?
Is there a sp where even you will throw in the towel?

Trin brushed over largely(years of we'll pump in CO2 etc etc),it sounded like it's over.
Now MOU1 leads to six months minimum before MOU4 +MOU5 to start and are ppl really going to leave cash tied up as the price drifts(imho) with limited news going forward.
PG promised soo much and now hope is what's left.

Sadaat Umar who imho is a master investor in oil plays posted... PRD planning to drill two wells (M-4 & M-5). Cost of each well is $3.3m (total cost for both well $6.6m = ~£4.6m).
What’s current cash balance of PRD? In my opinion, probability of placing is very high.
Always DYOR…

reply to The Equalizer
@The_Equalizer73 by
Gerard J Brandon
@gjbrandon
·

Interims this month and it should enlighten everyone on how well
@Microsaic
are doing. There is, like
@DeepVerge
, a lot happening in the background that surprises when it becomes known.
dyor