Member Info for ismalia

Take a look at the three year graph and you will see how the sp, adjusted for various raises has fallen not withstanding the additional assets we have required. The sector we are in is attracting a lot of interest with copper and gold being one of the more attractive spaces to be in.

Thanks for that applegarth, I just spent two hours reading it.

I have a reasonable holding here and feel that if we are going to start the coming week at 0.12p then we are massively undervalued relative to asset value and earning potential. We will see, but I expect to see the coming weeks close much nearer the 0.20p level The market needs to bring the sp more into line imo, starting with an updated valuation.

My understanding is that UOG found investors for the shares owned by Rockhopper and their man then left the Board. Better to have safe hands than RHP slip them out over time

Yes Malcy likes it for the potential and those driving it now so I feel a real starting point should be 1p. If the number can be increased to that level and beyond then we may have paper to make acqusitions which is what management would want to do.

Fortitude, do you know how the share register may be made up? We have a very low MC relative to the potential asset realisation and I wonder what the actual free float may be. Depending on the size of the herd and its demand the sp could outrun all.

Looks as if there are a few sales ahead of the raise at 0.08p. Once loose holders are out then an upward trend may break.

With the current SP activity we can expect Zak to have something to say.

Taking the potential value of the assets in the ground it seems to me that there could be a substantial disconnect between that and a MC of £3m. What worse case value for Mankayan? Whatever that could be it would swamp the current MC and that is a prospect we are getting out of! Rather than looking at a potential sp it is my view that one should consider what a potential MC valuation could be for our assets. I realise sp and MC come back to the same thing but looking at a overall value may be a better angle. So Market value of assets at say £10m would put a share value at........

I agree I cannot see PPC at less than 2p for much longer and a better indication of potential should come with the interims later this month.

Let's just forget about Rose and consider the potential that the new management bring to the table. The company has no history as such but the management do and will use ZPHR as their vehicle. We have an oil man with about 7pc as a private investor and reading Malcy 's blog he seems to very positive. So let Rose go.

I think Mankayan could be pivotal here. The sale and the benefit to us of it should be good but if the sale or float of the company does not go ahead then we still have a major project which of course we cannot afford to progress. But there are larger players out there that have the resourses to buy the prospect, park it or develop it so on that basis I doubt if CB will be too bothered if the current plan falls through. I feel we are in a heads we win and tails we don't lose situation .

Not too sure why we get selling on positive news and a small rise - clowns when we have some half year numbers due soon .

Yes revenue and of course expenses to be back dated to Jan '19 so numbers will be interesting. If we can get the numbers in a few days then we can have an educated guess as to what a full and normalised production could produce for the current year. But of course production seems to be on the increase as additional wells come on stream so trying to determine a share value could be difficult but should be at least between 4p and 5p.

I think CB could well hope to hold on to Mankayan with its potential, and in the current market place for resourses there may well be a few interested parties if any arrangement vaulters. All other prospects that we have also have huge potential.

These I think will be due by the end of the month and it may be we will get a positive update. If so then we can expect CB to put his foot on the PR gas to take us well past the 1p level.

Well if anyone believes in a bid this week they may need to top up or buy in Also were such an offer to be forthcoming they may be suspended as any offer would possibly been negotiated

I think they have to do it before the end of this month.

Not so sure. PL seemed to be quire upbeat in the last RNS and our new investor seems keen to assist with exports. I think we are in a consolidation and perhaps transformational stage with the benefits coming through next year. I do not think the current sub 2p sp in any way reflects the current value of PPC let alone the potential. The sp has drifted quite a bit over the past couple of years but we are supported by good assets and what I feel to be a pro active investor. Figures in the next couple of weeks or so.

Not easy to buy any decent size.