Member Info for jdstandard

Maybe Exxon or some other Major will want a slice ; But clearly shows PMO in a very good polition to trade down there & we got a sizeable Asset. a lot of work done on it & heading twords production. Majors just getting in. Well worth holding on to PMO shares. Long term

17th April /2019. Good News for Sealoin. PMO got there first....https://www.ogj.com/articles/2019/04/majors-scoop-up-acreage-in-offshore-argentina-bid-round.html

Good news -Hedging looking good - Dept falling. Long term hold- Output for 2019 is now anticipated at 75,000 to 80,000 barrels a day

At $70 oil/bbl, Premier expects to chop as much as $350 million from its $2.25 billion debt pile this year, more than it previously anticipated. The company’s borrowings amount to more than two times its current market capitalization.

PMO are worth more than this. Getting in and out is good for Brokers, But Cost more in the end. Pick a good share and stick with it Back to £3.50 & Beyond.

The company has hedged 42% - or 3.99m barrels - of its forecast oil production at around $69/barrel for the second half of 2019 and 10% - or 1.63m barrels - at $66 for 2020. remier Oil welcomes positive test results at well offshore Mexico

Dangerous Times. Will Trump awaken the sleeping Dragon. What happens if China dump US Bonds....Oil now over $71. Good Price. PMO will rise.

Amazing to read daily news re oil price....CNBC.com reoprt 19 hours ago...(Oil rises 1.2%, settling at $62.12, after surprise drop in US crude stockpiles)...Oil Price.Com report (Oil Falls After Third Consecutive Crude Build) Perhaps these people could exchange phone numbers and get the facts before going to press. Seems Oil goe's up and down Surely every move isn't a Headline. PMO doing Fine @ $70....TD says doing we will get there @$60..All good

Meaningful update expected soon

Agree with Love_You...This share was £20 Before it wassplit 1/4 & from £5.00 it drifted...Got far more going for them now...What's holding back the share is debt.....That's in hand and being dealth with.... £2.50 TO £4.50 is doable.

http://australianminingreview.com.au/tungsten-taking-shape/

https://www.rigzone.com/news/analysts_stick_to_2019_oil_price_forecast-03-may-2019-158749-article/

https://oilprice.com/Energy/Crude-Oil/Economists-Higher-Oil-Prices-Here-To-Stay.html

Great interview ; explains a lot- Looking Good for PMO

https://oilprice.com/Energy/Energy-General/Why-An-OPEC-Oil-Supply-Surge-Wont-Happen.html

The numbers are all good. Brighter days ahead...Onward & Upward

April 23 2019 4:38 PM



The FTSE 100 rose to a new six-month high on Tuesday, as it was boosted by rising oil prices.

The London index climbed northwards, rising 62.2 points to 7,523.07, ahead of its European peers on a quiet day for corporate news.

The DAX and CAC 40 improved in the afternoon’s trading to finish higher for the day. The Dax closed 0.11% higher, while CAC was up 0.2%.

Agree got a lot going for them.. Mr D said 2018/2019 to clear debt. Now we also have Zama & Toalmont. Back to £5

Could they have drifted into a black hole?

Let's not forget PMO was £5.00 before they got into Sea Loin, Then came the Oil Crash. With Oil Price heading North finances under control. Hedging -Solan - Zama it can only be a matter of time before they're up there again. Better future now than they ever had.