Member Info for IsaTrader85

Great news, opening 37p and still rising!

The only shares being issued will be the ones to ARCM.

Rest is funded from cash.

PMO will renegotiate the terms so that a share issue isn't required.
As profits are being back dated to 2019, they will essentially get most of it for free. The issue for funding was for the development of these assets, BP will negotiate as they did for Alaska so they can get access to the decommissioning pot they have for the assets. This is a good deal for Premier, Andrew's lift costs are around $6-7 under BP...without that BP fat it will be even less. Don't focus on the price and terms as they will change with whats happened.

Production back dated....

They are essentially getting it for free........

Bye bye NMC.

It was a high risk play, that didn't pay off for minimal expenditure.

Still producing, oil higher.... PMO isn't a one well pony.

Still no info, has the judge got corona or something??

Awaiting RNS today yeh?

2 weeks that the judge gave for deliberation is up tomorrow, should be today or tomorrow.

Andrew has lift costs of $6....if PMO get this its a massive win, if they can reduce purchase price then its no brainer for them.

Has anyone got the link to the website that will publish the results?

Is there any expected delay with all thats going on?

Should be today or tomorrow correct?

Great that they seem to priorities offshore workers with testing, maybe because its Aberdeen and Scotland still seems lightly effected compared to London ect.

Theres loads of north sea assets with confirmed cases that have been evacuated. Its going to get everywhere this virus, most will be fine.

FPS is shutting down this weekend. HUR won't be effected but others will. Still producing...thats the only thing I take from the RNS that is significant.

4 weekers are the norm in the North sea now for most of us. Talk of dispensation for longer for some on our place to cover critical roles.

Filtered for your bullsh#t earlier.

Massively oversold this morning considering what the potential this well would of added. It's almost like people forget that TLW are producing over 75-80k a day.... Insane.

Leak on a deal?

The amount of nuggets on here is unreal.

You want a share price to triple over night, it doesn't work like that.

They are building on last year this year, some of you people post like its the end of the world when you don't get daily RNSs.

Business do not work like that.

If you bought into the ramp more fool you, learn from your mistakes. Entry point around this value offers good risk/reward for potential, people buying at 20p+ i'm sorry but more fool you for getting caught up in the hype.

Rns in 4 minutes.

You will love it

I trust him, I believe in the idea. But then again i'm not bitter as I bought in at 10.3p.

You bought in on the ramp rather than fundamentals, get over it learn from it and move on.