Member Info for Kev4

The great thing about the (still) imaginary bank funding is that banks no longer want to be paid back. So when this bank funding - loan and crippling interest free - arrives, there'll be no negative impact on shareholders. Yaaay for benevolent bankers.

Pop in here for a rare gander and what do I find? The same insecure-with-their-investment, tinfoil-hat-wearing rampers getting upset over a relevant topic with a perfect subject title. Nice to see one of the most notorious being called out for his subtle style of insults. In other news, I'm very happy with my holding here. So much so that I would've been happy to discuss the blatantly obvious deteriorating political situation with you, Pete.

Now ANGS is blue! Just goes to show those pre-market prices are nonsense. Meh, I wouldn't touch them or UKOG in a fit (especially UKOG).

The price of oil is nearing 18 month highs and markets are vibrant. The only company on my 15 company watchlist that is red is ANGS. I seriously doubt even MSMN could drop today.

It's a very sad state of affairs when a ramper goes so far over the top even genuinely positive posters are sick and tired of him.

Mc78, here's a reliable article on reserves: https://www.thebalance.com/oil-reserves-definition-categories-world-s-largest-3305873 Stay away from brief Wiki excerpts. To put your previous comments in perspective imagine if the PoO went down yesterday and some poster made this comment: "The new reserves are already losing money cos the PoO has gone down 40 cents." Can you picture the response to that from the ramper's brigade? If you answer that question honestly you'll understand that the responses to your post were mild. You're new here. You can be objective and honest or go down the road of exaggerating the tiniest of positives into MSMN being the best company on earth. Commenting on such small amounts of reserves (reserves which will not see the light of day for years, which may not be economically viable, and which could well be unobtainable) in an either economically positive OR negative way is frankly absurd.

Absolutely priceless. Naive in the extreme, and showing an utter lack of understanding about 'reserves' and the oil industry in general. "...already value has risen"...LOL. That's up with the chief ramper's standard of complete ignorance of how this business (apropos markets especially) work. Lol.

Awful figures but not unexpected.

Not a single trade so far today. Not looking good at all.

...that there's a large order being filled in the background because the sp would normally drop after several consecutive .6p+ sells over yesterday and today. Not to mention the huge spread. Either a big buy or a big drop on the way, in my opinion.

If oil was $167 a barrel it would make no difference to MSMN's sp. The bopd being produced by MSMN is miniscule. I refuse to believe that not one ramper has compared similar companies and their sps (watch out for disingenuous comparisons - I won't see them as I have about 6 rampers filtered including the ramper-in-chief whom admin advised me to filter). Anyway, several sells in the .6s yesterday but no sp drop. Does not augur well for today.

Hi Phoebus. I don't know anyone who ever got a response from PTR. The website contact form has never resulted in a response to me anyway. The last email I sent was to this: pdowling @petroneft.com . I did not get a reply. There are phone numbers at the end of each RNS. I have successfully rang Paul Dowling at times over the years.

If MSMN was producing the same bopd as they are per month the sp might be up around the 2p mark. As it is their bopd is truly awful. That's what happens after years of mismanagement and a shocking inability on the bod's part to close an even half-decent deal. MSMN is in trouble despite what the rampers tell you. A gamble at .3p might get you a double or triple bagger a few months down the road as spikes can happen on ramped-up bs RNSs. Then the sp drops again. Rinse and repeat.

It would be healthy if MSMN was producing a remotely decent amount of oil. It isn't - end of story.

Fair play to the market. It didn't wait for a sell or two to correct the sp.

If there's a sudden sp drop on the first few sells this morning don't be alarmed. After the large buy yesterday and s subsequent small sell the sp settled at 2/3% down. Then it jumped 5/6% on the last 'trade'. Unfortunately, that last action was an Uncrossing Trade (UT) and should not have influenced the sp at all. The closing sp yesterday was an anomaly.

Spoofer. None of your figures factor in the massive share consolidation. You literally made up a buying history. When rampers do things like that they're too stupid to realise how many potential investors they turn off.

The only strange thing is that the sp is not lower. I know all of us with a brain know a bigger drop is inevitable but still.

....is on the cards. Despite the ramper and his acolytes' ongoing appallingly inaccuracies there really is nothing to see here. Some of their mathematics is either downright lying or delusional 'positivity'. As has been said numerous times (and which has now been proven via yet another unnecessary and fluffy RNS) MSMN does not have any money left bar that which will pay admin and wages costs. As I said weeks ago when the sp was higher I might take a punt (a gamble, not an investment) when the sp drops to .3p. In the meantime I'll continue to observe the lying and ramping all the while wondering how one or two particular rampers can sleep at night.

OMG.