Member Info for Bridgedogg1

Pmo down 7%. Guess the riskier end of the market getting hit by low oil prices - down again today. Was holding for results anyway but it’s a bit of a killer seeing it below 1p. People still in profit taking their money imo, should reverse soon.

Keeping an eye out for a trade ending 770 = latest YA conversion out.

Pump locked down, no flare

I think there is a strong chance of a midday rns, the last one was 12:30, I expect that’s around the time SS gets his daily update.

Likely last trading day before spud so you never know...

At least the funding question has been answered. Doesn’t seem likely that it will be the EM asset though

Seeing quite a bit of cherry picking from the financials. Needless to say anyone investing here should read the latest accounts along with the financial update in November. Not giving an opinion either way.

Exactly what I was saying Brom, assuming you mean oil discovery in each zone? And if that is material then non discovery is too? Or you don’t think so?

It’s interesting to consider the different mind sets, for us we want it shouted from the rooftops, PMO would rather no one else knew about it. Shhh it’s just $23m... no big deal... only 1b barrels

Remember the IW1 ‘weekly drilling update my good times.
I think spud and whether or not you hit oil in target zones would be considered material.

Cant be much left from the recent tranche of shares, maybe 2m now

Maybe ASX will be waaay out in front of us for once if an RNS drops

The EWT has already been issued so pron not related..

MMs really don’t want 0.65p to go

I dont think there is any bad news its just going to take a while for the large buyers to get back on board. Currently too hot for them so its in the AIM casino dependant upon the herd. Anything could happen but a short term raise in by no means a certainty IMO

"The reason for this is that current oil production is only allowed to cover EWT costs under OGA rules."

Including Haliburton costs? Gives us some breathing room.

5 years, IW1 IW2 Winx, CR's, acreage increases, 3D results, all coming together

Excellent. £1 by March!

tough - they would need to fill a few tankers to do that ... oh

IMO someone is accumulating at very low values which may start ramping up