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At mcap of about £40m whilst holding 29% equity and remaining debt finance I'd be amazed if PL hadn't been advised by more than one party to call time on the listing and take private. Other than access to placings, under what circumstances would this not make sense to him. An alliance with Trafi would make it easier than before. Removes the scrutiny and increasingly hostile market reception. Heads down for a couple of years, tidy up Arg, progress in Para and then come back to market. The pitch almost writes itself. To use his own, now infamous, words "right time, right place" or to use Malcy's words instead "what's not to like".

echo your points re PL. Fair to say he hasn't replicated past glories here.

PANMURE CUTS PRESIDENT ENERGY TO 'SELL' ('HOLD') - TARGET 3 PENCE

Does any one have a copy or link of the Panmure sell note issued yesterday?

Join our group on twitter for more info. Roll on the AGM.

Having discussed with other investors, I no longer have confidence in Mr Levine and Mr Shepherd to deliver the results shareholders expect. They have failed shareholders, they have seen shareholder value erode at worrying levels. Their plans have not yielded any tangible results for any shareholders. I support the investor demands for them to consider their positions.

IMO I've been less than impressed with Rob Shepherd. Albeit his performance is marginally better than his investing having bought 1m shares at an average around 9p. All I see from Mr Shepherd are his arch remoaner and anti UK gov tweets. Clearly this is his own opinion and not the company's but......

"whilst ever we are a public company"....... interesting statement. Could have said 'as a public company we remain committed to keeping the market informed' There is a difference. Best chance he'll ever get of bidding 8p and getting it

For what it is worth (and it is worth something) yesterday's provincial elections in Mendoza went for Macri

Two very big days ahead for PPC. Today you have major elections in Argentina (not Presidential) the results of which will give a good steer on political mood. Tomorrow you have the Interims and full operational update. You can see a multitude of outcomes from both these things and the price in tomorrow's trading could easily be 40% higher or 40% lower than Friday's close depending

of all the things to mention in RNS why $100k cash loss. I know a lot of my Argie connections fear Macri has lost the Oct elections. What he is doing is correct but a good portion of the populous are voting with their stomachs. CFK offers a remedy in mirage. At a mcap of £60m and holding near 30% this is a deal very achievable for PL especially if one or two II's joined him. Would make his life much easier. Malcy has done his nuts on this bucket list pick

Ouch!

Folly

Certainly a factor but hardly our strongest headwind

For me this was out of the left field so needs urgent reappraisal. In my opinion this is a significant announcement and one that certainly caught my eye. I have worked alongside Trafigura in the past and they are sharp, astute and serious. I see now that it is a prepayment for production rather than a loan (which would have been odd). There will be some marginal upside on interest reduction - a subject I and many others have raised before. I like this news a lot and am back in after selling out at 9p.

I wonder what commercial terms actually means. 12.5% + LIBOR vs what? One would suspect at least half that.

I continue to watch it from over in the Far East. I would prefer a bit lower. Would also prefer Rob Shepherd gone. God only knows where these guys have gone wrong since the PF/EV deal but that placing was the mother of all mistakes for investor confidence.

Spotted the big man on Curzon Street, Mayfair this evening. May be he’d been for a few looseners ahead of the AGM tomorrow which alas I can’t make as otherwise engaged. Getting close to my re entry level.

It is a long time since I posted on here. The placing really shook my confidence in the BoD. Decided to give them a chance to deliver something positive in this RNS. Whilst FY number looks great, for me there remains serious questions on the outlook. The power grid outage smacked to me of the Chinese pumps. We have political instability in the run up to the Oct elections in Arg with any President other than Macri likely to be bad news for PPC in my opinion. What now remains to propel these shares in the next few months? I can't see much. Not a fan of Rob Shepherd's at all and if he'd been my FD he would have gone over the placing. I am not discounting a buy back but it would have to be at sub 6p. Good luck to all who remain.

The Midas article has brought in lots of new buyers. We don't know who was the other side of the trades but some suggestions that the stock may have come from an overhanging seller of size. So far so good but what do you think these new retail buyers will do if the next RNS is a miss? They'll be out sharpish, hitting the RSPs over and over again which perhaps an large and stale seller could not. Has this article increased or decreased the risk profile? In the end as always it comes back to PPC hitting the markers it set out in the workover RNS and maintaining that momentum of production and profit growth in the FY numbers