Member Info for Buzzard44

IMO BP Have lost there way

Sounds very promising.Why not a reverse takeover if Tony would agreed then they have the benefit of 4 Billion tax loss

oscar there are far too many buyers around 15p for that to happen, me included. It could of course all go wrong but has been already mentioned the reward is high if he pulls something off. Don't right Tony off just yet, we may all be pleasantly surprised.
Best now do some work myself !

bobster If I did not think we could exceed 25p I would not bother re risk/reward

Must be a lot of discontent in Saudi re tripled VAT rate and withdrawn £200 a week benefit, unemployment at all time high etc
To kid ourselves that oil usage will decline is just fanciful but a do believe production will re lack of investment and stability in certain countries. Premier oil has some great assets in safe places.

Lets hope we are right.

downbutnotout Are you special needs ?

Longterm Absolutely agree unless a private oil company swoops and takes advantage of situation.

Why .10p if you think that they are worthless ?

Cash Ferret
Agree I think we will be very please with the out come as I believe a take over could well materialise paying a considerable premium. Markets are markets and I will now stop checking and watching the price for today.
Best Wishes to all genuine holders

Devonplay I would suggest you cover your short while you have the opportunity to do so.

I think so

Positive news IMO.

There are rumours of a deal with a private oil company. Bit fed up with theses rumours as to date have cost me a lot of money !

What do you recon ?

Hoping for some clarity today so all shareholders can sleep a little better or not. Best wishes to all

Happy if you are not short or invested in Premier why are you wasting your time ?

Premier may fall to a merger,takeover or reverse take over but it certainly won't fall into administration,wiping out 4 billion £ of tax losses.

Gain considerably more on a take over

Rookie understand the frustration but don't lose hope.We are 95% sure that Premier Oil will survive one way or other.There is also the possibly of out right takeover or reverse.I have bought more at this level although still have a very high average.Best Wishes to all holders at this very difficult time.