Member Info for Bugsy911

Look at the sudden spike down under 24p to hit stop losses.....shocking fall , I guess we should have known what was coming when we didn't rise on oil prices.

It's sad seeing us back at these levels and don't think the update yesterday warrants the drop however the shorts again seem to be winning ...makes a mockery of investing as they cripple whichever company they decide to target.

These for me are in the bottom draw and won't be sold untill my targets are hit.

It was never formally announced no which is why I raised it here.

The only mention was JF saying he couldn't buy at an AGM a few years ago as we were in one so was surprised to see the director buys and not him especially whilst sitting in the CPR and negotiating the FDP and PSC.

Probably because the day you do it the share for no reason will.bounce and you'll end up chasing the price and losing out.

The time to sell was 40p this is back in the buy zone.

I missed the jump from 25p and was kicking myself for it so won't make the same mistake twice do it's a buy from me and made my first investment in PMO.

Pmo rose with oil price we didn't ..I've opened up a small holding now in pmo and waiting here for 3 times this price

Last question on this I promise ...how were the directors allowed to buy then if they have the price sensitive CPR but we don't surely they should still be in a close period?

Don't get me wrong it's good they finally have I just can't legally see how whilst sitting on this information.

Sorry I meant FDP not PSC.

I'd agree totally on all you've said and as this has been going on for years I assume they can get away with this indefinitely?

So we agree the company is still sitting on the new CPR and has done for a while hiding behind the PSC not to release it.

If the figures in the latest CPR are better then previously (big oil fields get bigger wink wink)
then are the company holding price sensitive information?

I agree regarding the reserve figures as the current CPR is a farce....although GKP sitting on the update based upon the FDP has gone on far too long now and would like this revised and clearly state the areas of the field it actually covers as this is what started the farce.

They are far from indentical we have a fee superior field however an incompetent bod over the last 4 years have dedicated us and have no trust anymore in the company.

Seen it so many times...when we went over 40p I thought the next target was 60p not 26p...big forces at play here and I'm still waiting for at least £1 before I consider selling.

Typical fall on pretty much nothing and an excuse to gain cheap shares ..looking for a good solid update tomorrow and vision from the new guy.

Been out all day and was wondering the same...looks like JF needs to send another zero invoice again and pay to release the rns you couldn't make it up.

Likewise I've not read it recently either however JFs response to those and now this missing payment didn't state that...and said discussions were ongoing... the total now must be over $80m and rising everyday.

We have no agreed payment mechanism for the payments totalling $72 million or any figure you choose around that price as no doubt the KRG will whittle some more away.

With all respect strreyscitt we unlike the other company's have no agreement to claw back the missing payments and 4 months into the new mechanism aggsin it's late.

The KRG can't be trusted and its destroying our investment for a 2bd time as they full caused the first with none payment which would have been managed if we had been paid and not list are other blocks either.

Talking about hoodwinked...where is our monthly payment and what about the months missed that's enough almost to clear our debt in 1 go ?

Huge disconnect between us and genl now a cool £1.50 swing against us since we started the buyback last year.

Shorts will be in more trouble in the coming months they gambled on us failing and will need to close out or take even more risks , be a shame if they lose the lot won't it .