Member Info for investor33

Thornogson ; fine. If you think there is anything of value in what WOS comes up with then please be my guest and listen intently to what he says.

Peronally speaking, I find that on any discussion forum, people who pepper everything with daft juvenile emojis are usually the least worth listening to.

Maestro1 ; the ' meat ' is provided by the professional money spiking the price briefly, so that they can induce FOMO amongst retail investors, which then gives briefly elevated prices to sell into. So after an RNS the price often spikes up briefly to previous resistance levels.

As for the share price reflecting fundamenatals longer term via a fair market cap - that's a different thing completely. I think that Doc said that he would exit at around 10p - well, based on the calculations which were discussed yesterday, the company would need to be extracting around 3,000 bpd for that kind of valuation. So that would probably require 6 wells each producing an average of 500 bpd.

WOS ; I'm sure that people on here are going to listen to some paid ramper using a bogus username, who sounds like an 8 year old who has borrowed his mother's phone in order to troll people on boards like this. Most of your so called ' content ' is a series of juvenile emojis. I doubt if you even understand the market cap calculations which were discussed yesterday - it's all just ' MULTIBAGGER GUARANTEED ' in your juvenile mind....

And by the way, the American professional trader whose day trading clips I follow FOR FREE on YouTube has made 13 million Dollars since he started in 2017 - all proven by his broker statements which are publicly available to look at. I doubt if you have ever made 13,000 Dollars through the stock market.

Hamm ; yes, re WOS I think you are probably right on that one.

Funny don't you think that the 3.4p which I arrived at based on Overner's figures - with H1 and H2 fully factored in at 1000 bpd - turns out to be the exact level that the price spiked up to at 8am on the day of the last RNS ? That makes me think that this resistance level will be tested on the next RNS. And if it overshoots this level, then I wouldn't be surprised if it becomes the new support level, as we will be bound to have the usual ' telegraph pole on the hill ' spike.

WOS ; " Thank you Mr Overner 👍 This is much more useful then amateur like Mr Hamm & Mr Investor (Hamm & Spamm) lol "

Unfortunately this comment shows that you haven't actually understod what Mr Overner wrote in relation to my estimated figures. In fact it shows that you are rather dense. Maybe lay off the emojis a bit and it might clear your befuddled mind a bit.

I stated that 500 bpd ( an estimate for Heron 1 ) would equate to approx 4.8m GBP per annum, and that H1 and H2 combined would amount to about 1000 bpd. So if you are capable at all of some basic maths you might realise that the two combined I estimated to be worth around 9.6m GBP. Overner's figure for H1 and H2 meanwhile was 10m GBP profit. So I would say that the two figures are rather similar - wouldn't you ?

The only point that I would query in Overner's figures is that he mentioned a current market cap of 50m GBP. It's actually 36m at the current share price, so based on Overner's suggested P/E of 5, and based on H1 and H2 making the company 10m Overner said that H1 and 2 are already factored in to the current share price. In fact I would have thought that there would be about another 1p added to the current share price to make H1 and 2 properly factored in at 1000 bpd. So if H1 and H2 come to fruition with let's say 1000 bpd, then a realistic market cap might be around the 3.4 level - which funnily enough is the level that the price very briefly spiked up to at 8am on the day of the last RNS...

Overner - thanks for that. Frankly these costings are worth far more than everything that WOS and Gigi have ever written on here.

The people who pepper everything they write with childish mocking emojis are generally a waste of time - funny how it tends to be the uber rampers who are high on waffle and low on facts such as these detailed costings which you have just produced.

The upshot is that H1 and 2 combined - producing say around 1000 bpd combined, doesn't result in a multibagger up-rate with a resultant stable share price at those kind of levels. It may produce a short lived sharp spike however, so that a large quantity of shares can be transferred from the trading desks to retail investors....

Don't get me wrong. I stand to make a hell of a lot of money if there is a sudden sizeable re-rate. I would hazard a guess that my holding is bigger than most on here have. And I've probably held them for far longer than most as well. It's just that right now I would like someone to explain how they work out the figures for say a doubling of the market cap to around 70m GBP.

I'm also acutely aware that historically the share price has been massively volatile, and that spikes after an RNS have always been the norm to date. If that were to change the next time, then it would be a first.

Dozzawba ; because the spikes up and down don't last long do they ?

Look back on the day I always refer to - 10th July last year. Finished at 3.5p the previous day, spiked down at 8am to 1.8p following a positive 7am RNS, and then soared to 6.4p on the same day. So the market cap valuation swung around like a loose ping pong ball in that one day. And then 2 weeks later back down to around 4p.

Hamm ; so this Gigi person just points people towards the likes of Progressive - but as I have pointed out they are commissioned by Matd.

I have already worked out some rough figures, and I don't see how if say Heron 1 came online suddenly that the market cap would suddenly be worth double at 70m. 500 barrels per day would gives about 4.8m GBP profit per annum based on Matd receiving roughly half of the current price of oil after the various deductions. Heron 2 we will see what happens.

What I am sure we will get will be some more big spikes - as FOMO creates a window of opportunity to sell into for the professional money.

"have a look at any of the published reports: take you pick of the zeus, progressive or shore calcs."

These companies are paid by Matd....they are hardly neutral. And believe it or not, if you have to do frequent raises then that works out quite well....

Gigiseethem ; "maybe stick to your spammy "inner circle trading" sermons. you've paid enough for the courses!! "

For a start, I had never even seen that ' inner circle' website until another poster put the link on here - so in fact you are calling him a spammer. And if you had a few brain cells you might notice that the articles on that site are free to read. And as I've told you several times - I don't pay to watch any instructional YouTube clips about professional trading. If you spent as much time doing diligent research as you do posting childish emojis then you might realise this fact. Of course you are too close minded to even look at such clips which are freely available, so instead you spend all your time on here uber ramping. I notice that you haven't put together any figures yet to justify the reasoning behind the massive re-rate which you are adamant will happen....

And anyway, how much did you pay for your course fees and textbooks as ' a business student ' which is how you introduced yourself on here ? I would hazard a guess that if this is true ( which somehow I doubt ) then you must be a very mature student....

Hamm ; "I would doubt that either WOS or Gigi would reply to that question regarding calculation based on H1, 2. They would probably prefer to do a bit of shopping with MRSs. Will see!"

😂

Gigi ; instead of just overt ramping ( we get plenty of that from WOS ) maybe give your detailed take on likely profit based on a realistic scenario of barrels per day for Heron 1 and then Heron 2, together with a proper factoring in of all the relevant deductions, and of course factoring into your calculations the current price of oil.

And then look at the current market cap ( 35m GBP ) and explain how a significant re-rate of the current market cap will be justified by the likely profit, and all based on the assumption of course that Heron 1 will receive its permit, a reasonable deal with PC will be agreed and that Heron 2 will turn out to produce a decent no of barrels per day.

I'm just curious to see how you do your calculations for the ' multi bagger fever ' that you and WOS share. We can leave Gobi out of it for now, as we wont know whether that is a duster or not for a while - obviously there was major excitement about Velociraptor at the time aftter it spudded, and that turned out to be a duster, so the record of PM's wildcats is not great. You said that you are a ' business student ' so these calculations will no doubt help you with your studies.... and will also give more weight to your unsubtle ramping.

Oh, and a ' significant re-rate ' doesn't mean a large spike which lasts a day or two before the price massively tanks...It means a stable and enduring share price re-rate which can hold going forwards. Not a ' sucker's rally ' engineered by the trading desks following a positive RNS.

And whilst you're about it, maybe explain how that price action on the 10th July last year happened. That's the day that the share price spiked right down to 1.8p at 8am ( after finishing at 3.5p the day before ) following a 7am positive RNS, then rapidly shot up to 6.4p on the same day, and then tanked back to about 4p just a couple of weeks later. It was all down to rapidly changing fundamentals I presume ? LOL.

WOS ; the man who always urges others to use their hard earned cash to invest, but never states how many shares he holds, and at what average price.....

Take everything he says in either guise ( Gigi or WOS ) with a truckload of salt....

Hamm ; it's possible, I grant you that.

It's a decision to be made as to whether an investor feels that the ' instant multi bagger rerate ' will happen soon, or whether we will just get another large spike after a positive RNS. I'm not being so dogmatic as to say that a spike is guaranteed - but don't forget, it's also possible to exit near the top of a spike, and then go back in after a large pullback. IMO that's far less risky if you can do this.

WOS ; I might be more inclined to listen to what you say if you revealed your own holding - come on now, don't be so shy....FYI I am a LTH to date with quite a large holding.

Funny ' Gigi ' kept on recently referring to the 'bot ' thing as well....I haven't mentioned it for quite a while though. You wouldn't get far trying to work for a government secret service....

Doc ; "WOS, didn't you say this wold be 10-15p on LP and also that no capital raise was needed? "

I presume that this is why WOS suddenly vanished for many weeks straight after the last raise. I guess he couldn't face the music of having to converse with all the people he had misled for many months. Perhaps he then switched to another profile with a username of ' Gigi ? '

IMO anybody listening to WOS or Hamm in the last year or so would be deeply underwater right now. I remain fairly positice about PM's future prospects ( they are so much better than the fundamentals of the last few years ) however I'm tired of listening to the ' multibagger guaranteed ' rhetoric, and the inability of anybody to rationally explain to me why they think that the RNS spikes have always happened. That last mini spike to 3p happened on the cusp of PM becoming a producer, and after decent progress at Heron 1 and 2.

Hamm ; the price can be marked up and down by the MMs anyway.

Exhibit no 1 ; the 10th July last year, when an RNS was released at 7am and the price plunged to 1.8p after a close the previous day of 3.5p. And then all the way up to around 6.4p on the same day. And then back down to 4p just two weeks later...

I don't believe that a few people on here- and their varying opinions - have any particular influence on the share price actually. It's the professional money which does that - and they know exactly how to play and ride retail investor fear or FOMO.

WOS ; i think I preferred it when you used the ' Gigi ' username.

Hamm ; I ahve been a LTH on here since mid 2019, and all I can say is that it doesn't work to keep holding, and believing that each spike after an RNS ' will be it this time. '

Therefore on the next spike after an RNS I will take a large chunk out and then see what happens after this. I will not allow any profit to vanish in another huge pullback such has been going on throughout the whole price history of PM.

It's your money - do what you want with your holding. IMO however it's become very obvious that the trading desks do their distribution phase when a ' positive ' RNS hits....