Member Info for f15jcm

Yes, plans to list on NYSE/NASDAQ were announced in the interims.

I see 31.66% of voters voted against the 2018 remuneration report, quite a high figure. Is that what you were referring to with your ' fat little sausage fingers in the till' comment?

I bought into here on the Monday after the Saudi attack looking for a leveraged play on the PoO. Cleary it hasn't come good so far but I continue to hold. Given I was just looking for a play on an increasing oil price I admittedly did little research. I've dug a bit deeper today and I've not put off by what I've seen, mainly that the debt is coming down and production losts look low.

Perhaps unsurprisingly, many here claim the business is significantly undervalued. I have little knowledge of the O&G sector but comparing PMO (rightly or wrongly) to the likes of BP, particularly on an EV/EBITDA basis, it does look 'cheap'. Given the debt looks comfortable, why do people think the stock is so discounted against peers? Balanced opinions most appreciated. Thanks.

Hard to argue with that. Looks like it's given the trolls a day off too.

Added to my holding

Selling this was tip of the week in this week's Investors Chronicle. Debt in danger of breaching banking covenants. Are shareholders going to want to throw good money after bad if MNZS comes cap in hand to the market?