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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
“Cerp assets are worth peanuts” idiot comment
Good to see someone loading up with 1.8 mil shares today
Also add the increased income from higher Winter Gas Prices in Argentina as detailed in yesterday’s chat. We are currently earning their Summer rates
He did say he wanted to manage expectations but I got the same impression NM. Thought it was a good interview
Yes. Andy Brought runs the Schroeder UK. small cap. They still have 8.95% interest in PPC so his involvement may indicate that they will stay the course. I have now heard the meeting with Director's Talk earlier today and much more informative. No more placing, the current and future development of existing fields to paid from cash flow and credit. Paraguay expect some announcement early next year on Farm Out discussions but PL specifically under playing this and no news imminent. Also 4000 boepd net of the fields where we have 90% interest plus doesn’t include latest developments which come in line end of the year. Pretty positive all round
Not heard it Steven49. Anything new ?
Worth listening to. Link is on website. .
Ross. The CPR put paid to exaggerators both positive and negative. The point I am making is we are now one company and hopefully investors from both former companies will benefit in the future.
Stacy. I am ex Cerp holder too and have read so much negativity about the Trinidad assets from certain contributors here since the merger or de facto BPC takeover but we are one company now. Let’s all move on and be content with our belief that these assets, which already produce, have far more potential. The “ them and us “ discussion is futile
Good comment Icemax. As an ex Cerp holder I hope that the CPR proves the negative posters on here wrong. We are now one company. Why do these posters believe that the old BPC board brought Cerp into the business ?
Hopefully it’s the CERP assets CPR confirming, contrary to some, their value to the business.
Well done to everyone who has held and those who have bought whilst at these bargain prices. I am convinced that this will now go from strength to strength and still plenty of short term gains here for the traders. I am and have been long term And expect to see a multiple of current share price by early next year. GLA
Went down well with me but obviously pi...ed off ICF as 2 immediate sells. Never mind more opportunity to top up at crazy prices