Member Info for comeonvog

Is a troll. I have it filtered.

2.6 g/t in H1 to 4.8 g/t in H2 . I like that thought.

ColonelDrake I agree about the div, why bother with the puny amount they give us, wait till next year and give us a decent amount.

Is it just me or do these results mark the line in the sand and we start that slow move north.

I notice plenty of the old guard still posting doom and gloom, i was hopeful they would all have sold out after the ATOM bonus but they still want to tell us how bad it is here. Time to move on , life's way to short for all this, or are you all still talking your book and wanting a lower SP ( i think so ). NicetoMichu least your honest , but really we don't need traders here . Big year for PPC and account should look healthy with all drill's fully paid for.

The Group's Argentine subsidiary issued a mini dollar corporate bond in Argentina of US$9 million, rated investment grade A- by the Argentine associate of the international rating agency Fitch. Three times oversubscribed, it carried an interest rate of only 1.34% per annum, a rate the Company believes is unmatched by President's peer Group both outside as well as inside Argentina

I can totally understand the negative tone here , production has stagnated which is poor really after all the drilling and workovers. But i do still have hope that Salta will come good and this news has been held back to allow for the ATOM sell off .

Tiburn brilliant posting and i enjoy reading what you have to say. Problem for me as i can't view posting history, are others also getting this problem .

MrExec That is your opinion and mine is $100 oil normally leads to a market correction. Most people in this world are struggling with low wages and high bills , traders want it high and don't give a toss about what hardship that causes , lets keep it real hay.

$100 oil would help nobody , be careful what you wish for as this price would kill world growth. $ 70's are brilliant for us and way higher than when we made the Atomic Acquisition. I paid 40p for stock last year and was happy then with what they could produce from this asset once fully appraised ( safe jurisdiction ) . The market then gave us an unbelievable chance to buy around 20p , that was a gift. Looking forward to this story unfolding , but lets not keep going on about $100 oil as if we do revert back to the 60's people will bail when that is still a good price with plenty of profit. IMO

This company is just about the BOD .

What a joke this stock is, how much are the BOD paid for failure to produce any incremental value to share holders. Well i suppose it's nice and comfy in the Caribbean, why rock the boat.

Fevertreeman " The argument about well its ok because the profits are better because POO has done well just don't hold water as POO could equally reverse ferret."
Whats that, go back down a hole. ;-)

NicetoMichu We don't need traders scalping a few % so i would hope we never see the 160's again. This is priced mid covid with no value from ATOM or the drill this year in Paraguay, but they have failed to increase production even with all the work undertaken so i understand the lack of interest. Below is what i am waiting for and i believe we will get in the next few weeks, PPC and TRIN have both been ignored by the market and i see little downside from here . i also think we have finally got rid of quite a few stale bulls now ATOM has listed.

" Whilst the total Group production showed no growth in the year due to natural declines and the Louisiana wells shut ins for most of year, the financial performance for the year is expected to show a significant improvement on the previous year with materially increased operational profits, adjusted EBITDA and free cash generation. Group oil production in Argentina promises to materially increase in Q1 2022 augmented by the drilling of wells in Salta."

A couple more of these and we might finally get some value from this stock.

Starting to get excited as we near 40p.

If history repeats ( invested here 3/4/5 years ago ) then we would probably get a delayed reaction to this TU. I expect a further rise in SP next week.

Ironhide " but nothing and now a mysterious overhang that has dropped the SP from 40p to 32...."

No mystery , just profit taking as i have , now slowly buying that position back.

Now of they can build on this TU with more punchy numbers could see this back to its former glory. Taken a position today .

Bobbybullet Yes very slow drilling campaign , they said it would all be done last year and here we are with not one flowing. I still think this has been done as they new plenty would be selling after ATOM so they needed to hold back news. I would hope that if we get oil from these drill's we will carry on with the other two and perhaps more . Moving the rig 1500 miles is no easy feat i would imagine.

So little interest here , they need to up the PR or are they happy with the decline.