OPEC Aims For 600,000 Bpd Cut, Over the last twelve months Premier Oil has recorded a ROE of 11%. That means that for every £1 worth of shareholders’ equity, it generated £0.11 in profit.
What's the alternative passing out proceeds won't get our money back, Have been at all meetings always very quiet ,Nobody ever complained about anything. Will all those that have something to say turn up to EGM.
Clearly someone took their eye off the ball. I often wondered why if it was so profitable did the last crowd walk away from it 1980s. That said we are where we are. If there is a proplem Oaktree has deeper pockets than Ormonde & they are right to exit the project. As long as there are no Golden Parachutes there's money in the bank now & Gold in the ground let's find it .
Hard to Belive the years and years of waiting. Constant talk about permits that went on for more years. The warnings from Nay sayers ... Almonty....Talks of Flagship ...into pruduction.......& out of the blue.... This. Hope somoone has AN IDEA
MARKET REPORT: Short-seller burned as Premier Oil shares soar after it reveals plans to buy BP's North Sea oilfields for £475m. So is PMO to become a toy for short seller; Well Doe TD.
Wouldn't worry too much about ARCM ; Let the Rothschilds deal with them. Am sure PMO board have weighed up all the pros and cons before the $625 spend . Buy PMO......great future Full steam ahead
Dividend is Good -But a short term gain..... I'd rather plough it back into the company and see the SP go up. These shares were £5 a few years ago - Today was a good day ..company has Great Potential Zama sale. Tolmont on budget and on track for First Gas by 2020 year end,Sea Lion ) Heads of Terms signed with Navitas Petroleum. Alaska North Slope; pipeline of near-term high value E&A wells including Malguk-1 appraisal (Alaska) and Berimbau/Maraca (Brazil). Forget about Div. Knock off the negativity-You want out get out...We will be thinking about you the other side of £5