Member Info for lumphammer

They should not be discouraged by impolite replies. They should be provided with all the information we have. I know that sounds discourteous to the longterm holders who have done fantastic research here, but ultimately attracting the herd will increase the sp here.
We should encourage them to invest what they can risk if we think this is a good investment
Dyor, etc.

Can anyone throw some light on the delayed trades? Opinions?

Has the big seller ( norges ) now sold all their shares?

Anyone know the next resistance level?

I can't see them as a seller on the ft website.
I can only see norges bank who have 8 million left to sel as of 8 october

Looks like the sp was dropped to cater for that £60,000 buy

Averaging down with a £4800 top up.
I think this will slowly move north

Gut feeling this going up very shortly.
Topping up tomorrow

Expected a drop this morning after the large sells yesterday afternoon. That's aim for you

It seems they made a mistake by selling out on or prior to the 8 October.
They missed out on doubling the value of their investment for that date ovèr the next couple of days.

I'm hopeless with links.
Google ppc ft. On ft page click profiles.go down to pie chart of biggest investors. Click on movers and you will see norges bank listed

Looking at the sp chart our drop in sp started about June 2019. This probably coincides when norges started to sell.
We took a hit from covid 19 which equates to about 2.5p drop, looking at the chart.
Most shares have recovered from their covid 19 hit to get back to where they were.
We are due a rebound from covid 19 alone, as that drop was 50% of the share price.

Having difficulty finding the exact date norges decided to quit oil exploration stocks.
Got it down to 12 to 18 months ago.
Ppc share price has been driven down in this period by their persistent selling .
We havnt Been able to recover from the knockdown of covid 19 as other shares have because of the overhang from norges selling.

8 million at 1.5p equates to £120,000.
My figure of 8 million is obtain ed from the ft site. But it only shows up to the 2nd of October.there was £22,000 shares sold yesterday. Wonder how many were norges?
It's been 2 weeks since and I wonder how many shares they have left to be got rid of? Not many now I'll guess.
This sp is going north within a month ( I predict and hope !)
6p for me to break even. Wish I had money to throw in here.

Norges bank are selling out of a lot of oil exploration companies. PPc are on the list. I couldn't manage to post a link . It's taken a long time to sell in small amounts but has kept the sp down.
The bright side is they only have about 8 million left to sell.
So quite possible that they would have sold them all in the near future just before all our good news arrives.
There will be no overhang to this stock then.

It's funny , when you see insignificant pennies on the pavement as you walk down the street. But for sareum a penny would be an important landmark and catalyst to move this share price forward.
It could be achieved this afternoon. Sierra closed up @10% on Friday. A positive opening by them this afternoon should see some positive buying here.

Keep up the good work dark horse and ignore those who see fit to put you down

Hear hear Nick.
In a good debate somebodies opinion may differ from somebody else's.so we have argument from both sides each stating their case with the evidence they have. This opens the debate up to allow the audience to make up their own minds.
Some on her see sareum through rose tinted glasses, others do not.
We make up our own minds based on the various contributions to the debate

My watch list is a seA of red with some chunky % falls. May be another buying opportunity here soon.

Meant to have highlighted with capitals "RATIONALE FOR THE CLINICAL DEVELOPMENT"