Member Info for jazbo

A 10% placing proceeds would not really seem enough to do anything.
Any thoughts what it could be for?

Perry - "my view remains that they have contacted other parties and have been given the bum's rush. Their carefully worded releases are what convince me of that. Believe me, I would like to be convinced I'm wrong"
Jim - ""We are still in talks and they must be very close to concluding"

I suspect reality may be somewhere between these two diverse views!

Geowiz you are right that nothing much seems to have happened at the company for even longer than 5 years and we will need luck, but the Majors' increase in activity around our areas make this into an interesting possibility to be considered.

Marmited I think Geowiz might be hoping to get in lower .
His final comment after all the negativity was -
"I MIGHT give it a miss."

Just wish the cos was better than 15%, and only its 8.8% on Marula

A fund management company is closing down and has completed its final disposal of PANR shares.
If so, the SP could have reached a base.

Perry-
or as the Qtrly report said -
" further contacts were made with counterparties in relation to a potential farm-out of PEL 0094 and PEL 0029. "

Is this what JP meant when he targetted the LE?

cont. position.
Lots of Namibian partnering activity but GBP does not seem to be able to attract any!

Unfortunately Perry your summary seems to set out the GBP

"any larger player this can be taken out for pin money"
Why is it taking so long?
When the Peters were sitting on a sizeable cash balance they always reported they were in the market for other suitable investments. After slowly eating away at the cash balance the company can't now even afford to pay for 3d seismics on its own.
Come on Majors - we are as cheap as chips!

Company said in Brazil drilling to occur after third party drilling in adjacent acreage.
Anyone know what is the forecast date for third party drilling in the adjacent acreage?

"taking delivery" begs the question if you buy a new car do you take delivery on your driveway or at the showroom ?
Just a thought!

show us your confidence by buying a big chunk of AMC shares

Management have not been making serious purchases in last few months to let the company get sold off cheap. Current sp is a snip if assets sold off.

the only info we got in the Webcast was "We are hopeful to improve production through a number of small workovers".
It would be helpful if they gave us their planned timescale!

"2019 Strategic Focus:

· Develop gas market opportunities and identify strategic alliances for Lixus appraisal programme

· Continue partnering processes in Brazil and Morocco to progress drilling of giant prospects in exploration assets

· Apply technical expertise to calibrate well results with regional knowledge and proprietary 2D and 3D data across the Namibian and Moroccan assets "

Is the Brazil data room just an empty office with no visitors?

Red Leg Rum currently 25% off at Asda, £11.25 per bottle - bargain.

Unless a JV happens soon then surely PC is going to have to do a consolidation for a fund raise

Safer to ignore any Management statement and action which they refer to "expects", "plans", "hopes", "anticipates".
Only factual historic data can be more safely relied upon.