Member Info for cjgoldsmith

I share your thoughts.

Added to say I have an obvious bias as am invested so read other posters who have contra view. My time horizon is 3-5 years.

The key is they are acquiring acreage and reserves at a low point in the cycle. They're covered their G and A in the Netherlands and have cash. If they liquidated next week they'd be worth well north of their market cap even with decommissioning (over many years) factored in. It reminds me of Bowleven. However there are key differences of senior leadership, inside ownership and cutting G and A. IR in my view is relative. Best thing to do is email through website and talk to Guy before you jump in. I'm a holder of EOG so had a vested interest in Irish Atlantic so was disappointed with PVRs well but they're very different beasts.

I'm looking to exit. Cash burn and poor exploration success.

To be fair they recognised the error. Mistakes happen. LJM fair play for the email. It's a LTH for me and I add lunchtime.

Agree. Forget the narrative and go with facts. 2018/9 when contracts unwind. PA recons late 18 George Glazier 19. M Alkins speech for me one of the best talks on the subject. Nexgen's Arrow deposit is the best of any resource in the world IMHO. Initial capex is v high but price per pound is low as it's so hi grade. If we see a rapid correction in price i expect the producers who have a mill will do well (EFR) , Western Uranium and low cost producers BKY and those with permit for mines like Govi Ex. Would suggest hold a basket of stocks slowly accumulate over the 12 months and be brave. Personally I would start accumulation now but don't commit everything. I'd be interested in knowing people's view on explorers I like the Athabasca basin and Skyharbour or Canalaska. It still might be difficult for some to cope with the losses. GLA

Let's hope for a good interview. DKL a stain on my portfolio at moment.

Reminds me of Bowleven days. Misery upon misery. The only thing in its favour is that management has a significant stake in PMG so my only comfort is that they are suffering more than me. Come on TC pull your finger out. So whats it going to be, a branch out in renewables or some good old fashioned maverick exploratory well off Africa. I want some action. The sp experiences a bit of lift post results but dont think il bother.

Good point. Nice to see 12 broken.

Agreed. Spread is narrow. 11.75 sell 50k. Interesting to see the volume. Perhaps not many shares in free float. Nice to see some positive sp movement.

Disappointing but not the car crash the share price has experienced. Great entry for new owners and a top up for those who wish. I'm pretty full in but this is always 3-5 year hold IMO. Although annoyed (20% down) I'm prepared to be patient and it's nice to hear that regular posters on the whole feel similar. Chin up.

Probably got more from this interview. Interesting to hear he wants to split role of chairman and CEO in future. Possible FO of Paraguay by H2. Likelihood of a floor for PoO and relative cost of shale in VM with labor costs. I'm not sure of regional assets he's looking over at present. I'd be interested to hear if other people have researched. ATB

Check out PPC Twitter feed for link. I'll have a butchers tonight

Like this company. Starting my accumulation today. Very undervalued. Will double my holding if dips below 10. ATB

Welcome to the family. It's been a slow burner but we're in the right jurisdiction. I'm sure he's also got a few trips to see other investors and probably related to his investment group. I'm sure further acquisitions will come and I hope we'll see a much needed rerate of this company in coming 12 months.

Great interview. Very optimistic.

Delayed trades. I imagine that the first was a buy and 2nd a sell given the share price movement. Be interested to hear from others.

There aren't any. I've looked hard. best contrarian buy in oil and gas IMVHO.

It's attritional. Low volumes, drift, unloved, despair, timed sells. However true value or business is good. This company has good fundamentals and patience will reward LTH. Share buybacks I'm not a fan. Witness 3 stock unloved 2 months ago TRIN ZEN ECHO despair turn to joy in 2 weeks 20-80% rises for these, I sat on 30% losses on all at one point sold one of them 60% rise last week. Patience is needed. If one of Asian players comes calling them X3 bag (see MP Evans). Chin up guys.

Agree with you. However drilling expensive and prices still low. It's the low risk way of playing with E and P (a bit like EOG to PVR drill). Let someone else take the risk.