Member Info for comeonvog

joey2000 You posted this on the 8th
"For all those that thinks this will be at least a five bagger from here have nothing to worry about with this placing. £13m isn’t a lot when you look at the bigger picture. 5X the market cap at the moment is around £190m so £13m less than 10% of this"

joey2000 who's nervous it's you who posted this on a Sunday morning....."Unfortunately after reading the attached news I think we all need to possibly come back down to earth"

joey2000 you posted this on the 8th .

"For all those that thinks this will be at least a five bagger from here have nothing to worry about with this placing. £13m isn’t a lot when you look at the bigger picture. 5X the market cap at the moment is around £190m so £13m less than 10% of this"

balanced conversation , if you have plenty of time you can search around the whole O&G E&P sector and see many discrepancy's in MC's . It's what it is , this is the stock market.

Lets all go looking for articles from last year ( POO below $30 ) and then compare them with this year and COPL....Sunday morning plonker.

TLW April last year was priced at 10p . Your point is.......

joey2000 that article was dated April last year, how is that relevant now.

joey2000 who the fock says "Hugest the market cap ".......The Company forecasts its Q2 2019 production volumes will average over 950 bbl/d, so not 1400. Stop the bull.

Just a few reasons to get in before all this lot kicks off .....

Paraguay farm-in discussions

In H2, a further three oil well drilling programme planned at the Dos Puntitas field, Puesto Guardian Concession, Salta Province, Argentina, all due to come on stream towards the end of 2021

New 3D seismic data acquisition planned over Canada Grande, a formerly prolific but now non-producing oil field also at Puesto Guardian " The best wells in Canada Grande produced initially as much as 1,000 boepd from the clean A6 sands. If the data indicates commercially viable well locations, then it would be President's objective to drill in Canada Grande following on from the H2 drilling in Salta."

Along with drilling and workover operations, President continues with the infrastructure projects previously announced including the treatment plant set to be commissioned by end June which will result in an estimated $4/boe reduction in operating costs.

O and did i mention Hydrogen clean energy.

Is it any wonder why Trafigura is an active investor in PPC. Since commencing production in Argentina, President has sold all its oil exclusively in the country at the prevailing domestic price. Now, for the first time, President is exporting some oil with the help of Trafigura. We have a market .

Bethany1 Welcome aboard the good ship PPC. As i have mentioned previously it wont take much buying to move the SP higher as the price jump to 2.3p Friday was evident . Paraguay Farm out news could come at any time after Q1 ( only 2 weeks ) and i would think April is odds on . Big upside with POO over $60 IMO.
" The parties are now finalising the definitive legal agreements. Although it was stated in the RNS dated 22nd December 2020 that President hoped to conclude matters before the end of Q1 2021, patience is required in these pandemic restricted times which affect legal due diligence and negotiating final form agreements in two languages. Nevertheless, the target for both parties is to complete the farm-in during H1 2021 "

Topped up at 0.3385p thank you.

AssetStripper Not me , i want a mid day RNS on that news. I think any time from April 1st.

Confirmation were ready to go and.... " It is expected that the above three firm wells will be completed and in production during May."

bountyhunter007 A wiser man once said to me , once all the bad news is out the way the SP can sky rocket. ;-)

Today was a good day for GKP, i don't care if it takes all year they have shown intent to pay arrears ,we move on.

Thought we might do it , blue tomorrow.

It's gonna to happen .

Any minute.

RogueRiver Yes frustrating but gives some people time to accumulate at this price. We had a bit of buying last week and the SP bounced hard , wont take much as we have got rid of quite a few stale bulls over the last few months. Not long now.

$14 million in Jan, $21.9 today.