Member Info for kenniGT

Looks like PMO SP is now tied to oil/industry movement.

SP 18p why?

40 there is

lets see what next in coming weeks

British market in the city, robbing British people, sinking British company, something to be proud of.

Happy so I suggest you to wait for 5p and shut up. Greetings.

https://twitter.com/OPECSecretariat/status/1305481629062836224

lol

Short was reduce by tiny bit 0.02% last week: https://shorttracker.co.uk/company/GB00B43G0577/

https://twitter.com/PremierOilplc/status/1305437575558168576

Happy you have no clue, you just want to top up as low as possible. Otherwise, why you would even bother to write here?

PMO has one of the best assets and production in mid size UK oil companies.
Valued now at 172mln is a nice target for Institutions even with expected dilution or maybe tanks to it as big monies can acquire big chunk of the company this way. In 5 years this can be valued at 2-3bln easily, when debt reduced below 500mln and production around 100kbpd.

take a pil

so quiet today here

Well... this weekend Solan test, 10kbpd expected production
End of the month additional 20kbpd from BP, after equity rise
By end of the year debt refinancing
In ~6months Tolmount with 20-25kbpd online
And this hould bring PMO above 100kbpd by next summer

Short reduced from 8.69 to 8.15 on Monday

Asia Research & Capital Management Ltd 6.19% -0.02% 7 Sep 2020
https://shorttracker.co.uk/company/GB00B43G0577/

https://twitter.com/JavierBlas/status/1300430525245657089/photo/1

Sorry but Elizabeth and Tony are pretending to be idiots. They knew how market will react and this way they robbed LTH investors from monies. This shoulb be criminal. Myself got in at low price but those who entered before crisis were completly ignored by Tony and Co.

Krak after half a year of wrong predictions DBNO was correct I think yesteday? That is something to celebrate for him as it does not happen often

jono44 they hedged oil till July at 65$, I think 30% of production, hence for PMO it was not so bad.
Other things il like TUL, PMO in loses included exploration write-offs, if I remember correct it was around 240mln$
and I remember TD said they will also hedge production and currency conversion cost in the future
true is they need oil price as high as possible to prosper, like all oil companies