Member Info for Bitethebull

The content of the article should have a positive effect on the s.p.
Why can't Tom communicate with us directly with the detail that he communicates with the press?
You have to scour all the appropriate publications to find out what is really going on.
Still holding and still confident that all will come good in time . Let's be honest here it is only because the s.p. has fallen substantially that we criticise management. When the s.p is healthy and rising it is a different story even though the fundamentals may have not changed much. The fluctuating value of our personal holdings drives our emotions to a certain degree. I am not saying all is perfect but when 2000 wind turbines are spinning , 1000 acres of solar panels are generating power and the world's largest biomass plant is in action all criticism of his farm purchase will be long forgotten!
Oh and yes the Chinese may buy us out for the equivalent of £10 per share or more in the years to come. Keep positive !!!
GLA
BtB

GLA

I was not too disappointed with the results although real progress still seems frustratingly slow. I do agree that GPA will be sold once all negotiations and loose ends are all tied up. The proceeds of the sale will presumably go into growing the gas and renewables portfolio and maybe, just maybe, we may get a little divi ! ( well maybe not)
I have no idea of a likely sale price. Can anyone make an educated guess?
GLA
BtB

Sonofthebull. Thankyou for the offer. I will wait until after the results before I decide on any questions.
BtB

We are all agreed that investor communications are dreadful. As share holders we are legally part owners of the company so it would be interesting if it was a requirement for companies to issue minutes of directors meetings?
I know it will never happen owing to the price sensitive nature of some of the discussions that take place but it should be mandatory to issue trading updates say at least every quarter.
By the way is anyone planning to attend the AG.M. ?

My sentiments exactly Mary.
I am confident that in time things will come good. It just seems that the words " accelerated Dana " have become totally meaningless and irrelevant.
Peak demand for oil is predicted to be well into the next decade and then tapering away slowly but steadily. If production has peaked as some commentators have said then we may find that as the move for companies to focus on renewals increases then at some point demand for oil may exceed supply with the resultant effect on prices. A company which covers all energy supply options will in my opinion be the successful and profitable ones in the longer term and maybe PMG, hopefully, will be one of them.
AIMHO
GLA
BtB

" To deliver the next multi million ounce gold resource"
What does this actually mean ?
There are 35800 ounces to the ton, so even just one million ounces equates to almost 29 tons!!
On that basis we could all be millionaires.
Am I being incredibly naïve here or have I miss interpreted the mission statement?

Whoever has picked up the shares ( sadly not me ) has a} great confidence in the company and b) is likely to make a shedload of money. Investment deal of the decade IMO.
It is a lot of shares but value wise would have traded for around £1.6 million. peanuts to a large Pharma.

What is your take on recent events Mary ?
What is the general feeling among your contacts?
To be quite honest with you I am rather confused and for the first time a little concerned about the way things seem to be going.
Regards
BtB

Mary M.
I am very disappointed that Singapore Airlines is your preferred choice .
TRUE - My son is a long haul pilot for Emirates so I would be committing " treason " if I flew with Singapore . He started his career with Ryanair ,loves his job and is currently midway through his captain upgrade programme. If successful he will at 31 be one of Emirates youngest long haul captains . So it's Singapore for you and Emirates for me but if we have to bond then we will through PMG !
GLA

Mary M.
We may all be on your plane flying economy at the moment but we will all be returning in first class !

bandit1 - I have never received a father's day card from Sonofthebull but to be absolutely sure I'll ask him to send me a sample of his DNA.
I don't expect T.C. to make me a fortune but I have to remain positive as I do about all my investments.
By the way why do you think I could be his father I could be his son ( or daughter !}
Regards
BtB

There are some on this board who think T.C. has lost momentum , lost interest in PMG, is being distracted elsewhere and does not really care about P.I's.
I find it inconceivable that given his financial and no doubt his emotional stake in the company he cannot but care deeply about the success of the business as every 1p movement in the s.p. affects the value of his holding by a staggering £190k .
Yes it would be good to receive regular updates but that is how he operates. I can assure you that when those transformational RNS's arrive as they surely will, all the doubts and the dissatisfaction will be blown away. I have substantial holding at an average of 55p and at no stage have I been tempted to bail out but I cannot deny being frustrated at times at the seemingly lack of progress although I know a lot is happening behind the scenes.
GLA

Excellent, well researched summary robs12. There is never too much info re PMG !
Thankyou.

BtB

Yes Mary, I thought it very strange that there was nothing on the OGA site I even thought before I checked that they were the only award winners and wondered why PMG or indeed any other company had not been successful !
Well done for contacting the OGA
BtB

Agreed. I too have had two much more modest buys reported as sells. Reported trades are really not to be trusted in terms of whether they are buys or sells.
If it is a buy it must indicate very positive news on the way, 51k is not a reckless gamble! If I was investing that amount of money I would seek a below the offer price if I could.

Well said Mary. Tom made me a lot of money, Mr Cole lost me a lot of money. No comparison!
Are you referring to Energean by any chance who may have N.Sea assets for sale that might be of interest to PMG?
GLA
BtB

With your extensive knowledge of the o&g industry Mary, is there anything you know that will lift the spirits of this long standing PMG investor. Are you of the opinion that the next RNS will contain a major announcement making all the waiting worthwhile?

Many thanks

BtB

Maybe Tom did run the slide rule over a dozen or so compamies and rejected them all !!

I wonder if and to what extent CLNR will feature in tomorrow's report. They are sitting on huge volumes of valuable gas and there are those who think some sort of deal may be on the cards.
GLA

Arguably one of the most important set of results from PMG due in a few days time. We need to be updated on so many of the company's' operations and negotiations that anything other than hugely positive report would be a massive anti -climax considering we have had to wait six months for any meaningful communication from the company.
GLA