Member Info for Bridgedogg1

"In addition, Globalvision will take over all creditors that existed in Texas leaving Pennpetro completely free of any financial obligations associated with Texas," Pennpetro says. Chief Executive Officer Tom Evans says: "Shareholders should not underestimate the material value of receiving a ORRI on oil production from these wells. There is a lot of oil in these 2,036 acres“

The way I see it, if yesterdays news has dropped with the current mcap it would have gone to 10p straight off

One of the wells flowed at 600bopd. X that by 50/100/200 wells. X 12.5%. For 30 years.

At no cost.

What’s happened to ‘over 4p’ bobcat? Let me guess, you sold…

Got to assume Peel Hunt sold out the rest this morning. Onwards and upwards

Next stop 4p

Holding for 6p

Wow I just learnt how to lose 25% in 5 mins. Just a small punt but the value of the deal is still multiples of the current mcap.

Asking turkeys to vote for Christmas

The issue of deferred shares is very suspect. Usually they are given to directors so are we about to see a round of snouts in the trough, probably combined with a fund raise?

Waiting for the telegraphed placing to raise monies to update old equipment before buying in

Are you classed as a gold miner if you are just trucking someone else's tailings to someone else's processing facility?

MSMN next

Consider how much money Jones has lost on this to date…..

Traders know they have 12 days to play around here before they sell out

0.055p

Bouncing off the 5.5p, move to next level coming imo

Yes wyld has more than doubled in one month but still down 75% on 12 months. A long way to go.

The smart money is still buying with weak holders selling

Let the buying continue!