Member Info for davwal

Kierboom

The market reaction, albeit muted, could be taken as a backhand positive given the general state of play in oil stocks. I therefore take it the general consensus is for better things in 2020. My funds are currently limited but I took a few more today on the basis of a positive outlook, with the first good news only weeks away.

Edit: Trump hasn’t lost his supporters....

Relying on Trump being beaten is one risky bet - and I’m no Trump lover. Okay it helps that the Democrats are useless, but Trump hasn’t lot his supporters. We’ll see.

Me too. They all show as sells though.

A good report and I like the repeated hint of future acquisition . Surely a lift in the sp will be forthcoming.

I was a top-up buyer today. I’d been worrying a bit during the night about my investment here, only to forget I’d set a small fill order some days ago for 2p, which of course came to pass. Doh...!

It sounds like there’s a potential acquisition target in their sights. I’m quietly optimistic from here.

It is quite remarkable that PPC languishes at its present levels given the highly speculative piles of doggy-do O&G PIs throw their money at with apparent abandon. But anyway, each to their own and I do have a little top up order in for 4.0p, which might possibly be hit next week without news.

They are welding the pipe before the gas arrives. That’s a good sign...proper craftsmen!

No cause for concern. The company was weighed down with dead wood so the pruning can only aid its general health. Corner turned.

Great to hear government shackles have been removed giving 20% uplift to the sale price...

Yes, the sub-text was clear - no shares or Tesco vouchers or stage payments will be considered...

Yes bigsmoke, there is certainly something of the night about him. Rather like Giles Clarke in that respect...possibly.

Does the guy have any previous form to judge the likely validity of the content by?

I’m not sure what’s behind the rise today, but am happy to see it today and look forward to more upward movement.

Took a small top up as they’ve dropped the sp yet again....

They didn’t actually say they’d received proposals for a farm-out, but for a number of other financial options. Sloppy writing...

As below:
‘ Moreover, in addition to the proceeds from these activities the Company continues to pursue a farm-out as part of its overall funding strategy, and has received proposals for, and continues to develop and assess a number of other financing options. A decision to enact any of these other financing proposals will be taken, if required, based on the outcome of the farm-out process.’

As a recent holder at 4p I agree this stock is oddly moribund given the positive changes on several fronts just announced - particularly when considering the money that gets thrown at certain other small cap Oiler’s. I’m sure the market will catch up at some point and drive an uplift in the sp.

Feeling like a kid on Christmas Eve waiting for Santa, because that’s what each evening will be like now. Except on that day a child knows for sure that Christmas Day does actually arrive tomorrow..!