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As a very lth & being well acquainted with the facts re. assets/ potential/ studies/ etc. etc. over the years I would be pleased to see some actual benefit come from all the TC/PMG hype sooner than later.
The repetitious £1+ by Christmas is however getting rather boring
North Sea gas producer reports 8,700pc surge in profits = Serica
https://www.telegraph.co.uk/business/2022/09/27/north-sea-gas-producer-reports-8700pc-surge-profits/
And then we have PMG profits ???
Enough to pay TC 500K pa !!
News today - NS gas production has surged by more than 25% in the last 6 mths.
Should be good news except that PMG seem to be doing everything to avoid getting in on the action or obtaining any benefit anywhere!
It looks as if the SP has pretty well stalled at this level whilst the Oil price has stayed near its high & Gas prices carry on upwards.
Nothing to cheer about at the moment for PMG unfortunately.
TC continues to disappoint & could miss the boat completely at this rate.
Get real!
Robs is quite right - his summaries of PMG having a long history of acquiring licences, assets, etc. & trading on the potential for years without bringing any to fruition in spite of numerous appraisal studies, etc., etc.
Very disappointing for LT S' holders but one can perhaps live in hope in the current demand situation that they will actually deliver sooner rather the later/never, instead of missing the boat altogether.
GLA