Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Another £9.92 purchased today!
Sales of £1.60 this morning so far. Is this the deluge we have been waiting for?
Just about sums PMG up these days.
Shares purchased so far this morning - £155!!
Has Tom Cross made a loss on his original investment in PMG? In other words is he also suffering big time like the rest of us?
What's happened to this share chat board. Now nothing but insults and 'investors' threatening each other.
Also whatever happened to Mary Mullins and co. with sensible discussion and knowledgeable views about pmg and the oil industry.
.
Now you have got that off your chest Buzz, do you have any other thoughts on the dire value of Parkmead shares that a lot of us have invested in for many years on TC's reputation, that now appears in tatters and is likely to cost us dearly.
Luck is about all that's left with PMG investors now!
I have no axe to grind despite losing a lot of money over the years with PMG, but either way you look at this company now, it is very depressing.
Trouble is Scott240 is largely correct. A lot of us have lost a small fortune with this share since it started based on Tom Cross' reputation with Dana. The truth is Parkmead is being run like a private company without any news or explanation and has been a huge disappointment, so calling it out is not a crime.
I think the share price is more a reflection of how Tom Cross is perceived to run PMG as his own plaything, rather than a public company with shareholders, unfortunately.
The profit from these NL production figures will just about cover TC's salary!
Yep, realised that.
Noticed at 8.00 am this morning someone bought two shares in PMG for 84p!
Is that a sign of optimism or a summation of PMG at present?
I also have been with Parkmead from the start on the basis of what TC managed to do at Dana. Over time I have increased my holding shored up by TC's past reputation and the hope of jam tomorrow.
Now a lot of investors like me are beginning to question why TC doesn't tell the shareholders what is happening until he has to. Is it arrogance? What has he got to gain by keeping the people who own a small part of PMG in the dark? Is it because after various questionable transactions and now Platypus, he knows his reputation is wearing a bit thin.
There are some on this message board who always shout down any doubters but I would question how many investors starting out today, forgetting his performance at Dana, would stick blindly with this company on the performance over the last few years. I would suggest not many.
Another article that concerns me - no one else on this BB though, apparently.
"Nicola Sturgeon has been warned that handing Green MSPs jobs in her Government would spell "disaster" for Scottish businesses, as it emerged that a frontrunner to become a minister believes the oil and gas sector should be shut down as soon as next year.
Lorna Slater, the Green co-leader, claimed the SNP’s approach to North Sea oil and gas extraction amounted to "maximum destroying of the planet" and said there was a need to "pick a date" to entirely kill off the industry."
No political axe to grind. Invested since Tom Cross left Dana.
Did you see this debate on TV - extract verbatim below?
The end of North Sea oil and gas production within a decade could be the Scottish Greens' price for joining the SNP in coalition after next month's Holyrood election, a TV debate has heard.
There is speculation that Nicola Sturgeon is keen to seek a formal agreement with the party in an effort to boost her environmental credentials ahead of the COP 26 UN Summit in Glasgow in November, which would see Mr Harvie’s party handed ministerial posts.
Mr Harvie did not deny Mr Ross’s claim that calling for an end to North Sea oil and gas production would be his price for a deal with the SNP. Challenged over a timeframe, he suggested the industry should stop within a decade.
Try having a coherent conversation without resorting to football analogies and insults.
No issue with the SNP, just foreseeing a trade off from what the SNP want most, against what the Greens are determined to achieve. Not just my fear. A lot of people in the oil industry are concerned and expect the off shore industry in Scotland to be collateral damage caught between these two ideologies.
Trouble is I do think the SNP are blind to anything other than independence. You can see that with education, health, even the ferry contracts etc etc.
The Greens will definitely demand their pound of flesh for support in splitting up the UK by hampering the oil and gas industry.
With the SNP and the Greens now in cahoots the oil industry north of the border is up against it.