Member Info for elland

I would be disappointed if the Paraguay announcement is not out before May. They may have missed the first quarter projection but I am sure that PL will be pushing this as much as possible. I expect a generous uplift of the share price on that date. I still believe 10p by year end for PPC based on Paraguay and other plans detailed for 2021.

I think that we can expect regular updates including the financials Northern. PL may have his critics but he is not shy in reporting. I notice that there is a 10% spread on any large buying. I get the impression that most watchers looking at Paraguay to be the catalyst to come on board. PL now says announcement next QTR. Expect steady rise before then but “ next Quarter” starts in 3 weeks.

Agreed and we have seen how quick the share price can move upwards. Looks as though 2p firmly the base.

I think that Paraguay announcement will be early next quarter NM. Market waiting for this.

List updated on website. Anyone see any changes ? Good day trading. No apparent reason other than the price is well below par

A little more activity today which is good to see. Still very quiet trade wise despite plenty to look forward to from end March. Paraguay news second quarter. Let’s hope it’s early second quarter. Seems to be building to positive news all round in late spring/ early Summer here with higher gas prices during the Argentinian winter. Hopefully the new gas finds on line in time for price spike. GLA

Trafigura are strategic partners of Puma Energy based in Singapore who have an office in Asunción Paraguay. PL was in Ascuncion earlier this week as per the tweet on PPC site prior to the Leeds v Soton game. Puma already big in South America. Trafigura the conduit between both ?

A reminder of RNS 22 December re ongoing negotiations re Farm Out “ it’s hoped to conclude matters before end Quarter 1 2022” and “mid case 230 m barrels of oil” could this be ready for announcement ?

Hi NM. Based on a busy drilling year ahead with increased Gas and & Oil prices plus I think there will be news on Paraguay next week, so go for 4, 7 & 10p

If more detailed Paraguay news on Monday I expect a much higher price that 3p

Don’t think that final price reflected the actual day NM. Usual UT trade but seems to be a strange figure. This will rise over next couple of days. Traders maybe in hoping for news Monday. I topped up yesterday and will again tomorrow. This is on an upward curve now.

Suspect people will start buying again towards end of week with hope of Monday RNS prior to CEOs fireside chat. I will.

Back over 2p. Let’s stay here and move upwards. Plenty of news to come.

Hi Nicey. Agreed. Good post. I have added another 140000. Any buy below the June placing price is good value.

Also on Director's Talk podcast of 9 December if I remember correctly Eccles

PL referred to this in his last interview. He mentioned that in Argentina the prices are currently higher than he would expect in their “ Summer months” and that he expects appreciable higher prices in their winter period ( our Summer)

And I am sure that Northern Magic is also. More consensus on this board than some I frequent. Plenty of reasons to be positive this year and as I have said in earlier posts I am confident of a multiple increase in the share price this year

So your quite positive going forward Nicey !!!!

Appreciated Irene Enjoy your posts. I disagree with most but life is all about opinions. All the best everyone

Agreed a Nfortch. Next year will be a year of success for PPC. I am a Levine fan. Apart from being a fellow LUFC fan I think that he has positioned the company for great things next year. Being in here for many years and topped up whilst share price low. Holding this and expecting multiple increase next year. GLA and Happy New Year