Member Info for comeonvog

But they will need more cash soon, better to wait till after next placing IMO

y11-shx Your clogging up the boars with irrelevance, these thing only you are worried about should be addressed in your mind not posted here. Grow up.

y11-shx WHY ARE YOU WORRIED YOU SOLD . Stop position posting and grow up .

"I don’t share this opinion, I believe Petrofac will simmer down to 120 before seeing £2. I will buy at 130 which is about fair value."

MarkBellUK i would rather read what you post than that plonker any day.

THG Board.

nuri123 Posted this on Saterday on the THR board, what a plonker............"This company is in my opinion worthless. How can anyone trust the owner - it feels like a ponzi scheme that will only benefit those at the top. I would rate this as extreme sell."
i'm up 25% on my Friday trade.
Don't listen to this plonker.

Need news now, buyers exhausted. I know i am.

" only my view but you would be mad to sell now. Of all the companies I have invested in, this one looks the most promising... fast growing and little debt... its proven it can expand at pace. I think you would be mad but its your investment. Boohoo is my biggest investment - can't think of any other better opportunities ". .......THEN ONLY ONE DAY LATER HE POSTED THIS.
"sold £150k sharesat £197.60. Profit £7k. I think they will definitely go to £3, but I'm not brave enough to stay that long in the market. Good luck all."

This poster is a menace and should be banned

And keeps going higher, just had a small top up as this must spring to life soon.

this must be one of the fastest pay back for a drill i have seen.....

"· Well 8H has achieved payout in under 40 days on its $11.8 million capital cost, with continued robust average production of 7,485 bopd in Q4 2021 to date; "
Next we have well 9H. "Well 9H has reached its third week of drilling, is executing to plan, and trending slightly ahead of completion schedule with production commencement expected in the last half of November 2021."

"We have much to look forward to in the coming months with at least three distinct initiatives, Salta, Paraguay and Atome that could each have a material impact on the Group"

"The market can expect an increasing level of newsflow as we move towards the final part of the year".

In June 2021 (Post year-end), MPL successfully managed to have its debt facility re-structured with the existing lenders on favourable terms including a c400 bps reduction in interest rate from 13.45% to 9.5%, deferment of principal repayment by 24 months and a moratorium on interest payment up to March 2022. The total size of the restructured facility is c.GBP 47.6 million repayable over 7 years in 28 quarterly installments starting October 2022.

Three OIL drill's by YE,Louisiana back on line , ATOM, Paraguay. This ain't going down to 1.5p , like i keep saying it wont take much volume to move this north just like it doesn't take much to move south. The 44k gave the buyers some cheap stock , ya get 44k of buys and were at 2p+ IMO

· On current trading, average production for H2 2021 in Argentina is estimated to be approximately 2,700 boepd

In Louisiana, the Company is planning for the work over of the Triche well to be completed by the end of October and the wells will work at the levels enjoyed last year namely at 300 boepd net to President half being oil. Realisation prices there are robust with oil currently at approximately U$70 per barrel.

NicetoMichu yep get all that........but if the wells produce for over 3/4 years they will be money well spent. have to look at the bigger picture as we might just top 4000 boepd and then this company starts to look like we could move to the next level. IMO

Yep, , end of week , end of month, markets jittery, consolidation. Why release news today it would be lost. Now 4.30 would be a good time to catch plenty out. ( though i would prefer next week for my own gain )

Investment property sold yesterday , buying the dip next week if i'm lucky.

Let's be honest , the Farm in is a bonus as more heads working out the best drill location will only help with the chance of success , i would have sold if Levine was going it alone . I look forward to the announcement of our partner ( in due course ) not long now !!

claudereff We will get 15% less of something we didn't know anything about last year that's how it stands. We are drilling on the Puesto Guardian Concession, Salta Province a concession we own untill 2050 , this is a good move. We are not placing to buy something when prices are sky high . It's all about oil .

"The Company has signed a drilling services contract for three firm wells to be drilled at the Puesto Guardian Concession before the end of this year. The contract also includes an option to retain the rig into the New Year for a further two wells after drilling of the third firm well."

" This will enable continued drilling in the Concession, should the results from the ongoing seismic reprocessing confirm two additional prospects that have been previously identified."

elland I would also , but as we have had no real update they couldn't have produced as hoped . PL likes to hide when news is not good shows week character IMO

This is all about oil now, and rightly so , then ATOM then Paraguay.