Member Info for Beerbull

Thanks guys for the shale info, great posts.

Epiphany, thanks for that post, but can you answer why the majors bp etc are buying into shale ? These guys have more info than what we glean, so what’s their gain ? (Many moons ago I did a short work placement with bp & at that time they mainly recruited from oxbridge, the point I’m trying to make is they have access to the top brains, so investing in shale beggars the question....)

Love you not sure where you reference the easy credit shale & other mulltis access, but in accepting this fact, cheap credit can potentially be a curse, investment returns are likely to be less robust as seen in the shale boom. When your paying top dollar for finance like pmo the investment case has to more than stack up.

Great post Hawkeye, when will the market get it too?

Mrd why you not happy? I thought you were promoting shorting pmo or tongue firmly in cheek...

Cheers Stanley, I’ll check it out.

Having said that I think you can probably access via bbc radio iPlayer. I’ll have a listen later this evening

Unfortunately not Jimbo, I heard it secondhand, that’s why I was cautious with my facts, but maybe you can access it from the bbc radio catch-up app. Cheers

Thanks for clarifying that Rosewall, as an addendum apparently from the same article nitrates are not the answer. Not sure why, but I guess it’s an environmental contaminants issue. ATB

In conversation I was told their was a piece on farmland degradation on this mornings R4 farming section. I heard second hand that UK farm land can only sustain another 10 crop cycles, before exhaustion starts to impact on production. Just saying maybe another opportunity for poly4... as im a sensitive person please don’t abuse me if I’ve misheard .

I like your logic oldrascal. Fingers crossed for the next days, hope finance maestro CF does all stakeholders proud. Although it would seem that HM govt are not underwriting part of this venture, hopefully they are sending out a message to the financial institution this will earn them serious brownie points..anyway not long to wait.

Great article Duracell. Reflects what some have said repeatedly 3bn debt, 400-600 equity.

Thanks for the advice Kai, this will be my last word.

Of the midis TLW has been mentioned here frequently......

AB is no mug, although I don’t know him, one of oil veteran friends does. He likened him to a souk trader, ie he drives a hard bargain. Given that once again he has loaded up on ENQ shares, I feel it’s a good calculation to back the jockey & also the horse in my investment here. ATB Ps looking good tomorrow! (Assuming no trump tweet).

Hey Grippa, it’s difficult to be objective without the evidence. I read members & Tarths posts differently to you, members clearly got his buying in timing wrong, but he won’t be the first or last to make that mistake. Fundamentally I believe both these guys are positive towards to this company, just exasperated that the sp hasn’t recovered to the extent that other oilies have. Why not move on & give them a break, by constantly belittling them all your doing is reminding everyone how much this has fallen from its highs, so if you think they are damaging sentiment your sort of echoing that fact. Hope I haven’t picked a fight with you as like you I think pmo is massively undervalued & given poo moving higher & maybe the city taking a less jaundiced view on the company, I am expecting a lot from my investment here. ATB

Hey Jesse, I’ve been in this along time, not as long as you, but investedaround 12 months before the famous/ slightly bizarre planning meeting. A long the way accumulating shares from 6p to & I am embarrassed to say 38p. Despite still thinking this is a fantastic project, on many levels, in hindsight maybe I should have sat it out until about now & invested once stg2 was settled. Hopefully, their will be a good uplift soon to compensate for the opportunity cost of being in it, but I won’t be surprised if it’s a damp squib. ATB.

I agree bladesman, the divi is the difference between this & TLW. I prefer pmo, but I think the sp of tlw shows the importance of a divi notional or otherwise. Divi not mentioned in year end so sometime away I would imagine, but their again if Zama is flogged off, it could change the timeframe

Yeah maybe SL has multiple identities, but you know despite the annoying sheepish stuff, he does bring a bit of balance. Don’t you find the happy clappy positive spin equallly annoying. Ps I do have a serious holding so please don’t read as a deramp.

Members, I know you shouldn’t have to, but I think nearly everyone knows how the sp has tanked from its highs years ago, so by repeating this, your playing into the hands of the playground bullies & one has to question are you really adding anything that we don’t already know. Maybe also others are getting some gain by attacking you, so in a way you’ll probably take something away from them if you change your tack. Of course entirely upto you, but don’t you think life’s too short to keep being attacked.?