Member Info for Bladesman

Let's hope every spare dollar has gone to pay down debt and pmo announces it is beating the debt reduction target by a long way

At some point, soon I hope, the fundamentals of PMO will be too strong to keep the sp down. Patience will win though.

104 (same as previous three Friday clubs, must be right at some point)

I enquired about this today with the Company . They told me that under the terms of the current financing arrangements, they can't pay dividends, however this policy will be revisited when the refinance takes place in 2021.
It seems to me this will be an important event in determining the investability of PMO, along with the progress of the debt reduction programme, which by that time should be well advanced , all things being equal.

Thanks. I think I'll ring investor relations when I'm back from. Holiday and ask them a direct question. Il, post the answer

Given the fcf,refinance deal with reducing debt profile, hedged oil prices at well abive break even, huge prospects in pipeline, does anyone know when pmo, might or will re instate divis. That would signal that pmo has finally recovered and is an investable company once again.

104 ( same as last week and one before that, third time lucky?)

Bladesman 104 (from last Friday)
ClubToday 21:19Givingthelowdown 100
Ohmetoe 107
Colin Fleming 108
Smut 108.5
TR61 110
Hawley 111
Withoutt 113
outofideas 114
Rookie 115

1.05 for me

club Bad Members 20p Givingthelowdown 87p Smut 88.5p Ohmetoe 98.5p MrEMC2 99.80p Hawkey £1.00 KARMAKANIX £ 1.02 Outofideas £1.03p loofer 104 p Nice Members 180p Rookie £1.08 Bladesman 101

SQUEAKY BUM TIME!

Thanks Sharelock, all looking very positive.

RE Debt reduction, I believe PMO will present the debt reduction story / messaging in the interims as an improvement in proportion of debt to profit, So as its profit goes up (which it will substantially due to Catcher and the higher oil price) the debt comes down in proportion, which is what I think the debt target is expressed as rather than actual numbers.
So those looking for a massive reduction in debt in absolute £ terms will be disappointed.

Last PI in the village? ..... And me since Oct 16.! GLA.

Agreed. PMO will deliver great returns over next 12months given the solid fundamentals now in place and all cbh, s gone. The Board can now get on with running the business and delivering on the strategy which is very very exciting. GLA all PMOers

Good chance of 130 by cop Friday. All looking v + ive

Restore divi payments to reward the shareholders who have kept faith, that would be most welcome!

A us on, hope you are right but of all the updates I can recall over the last two years the sp has not responded positively on the day except the zama update. Maybe sentiment has moved in the right direction and we'll will be positively reward ed tomorrow with 5% plus rise. Let's hope so for all lth's.GLA.

Cheers

Anyone know when these are out?