RE: ocd help needed12 Oct 2017 23:38
Hi Thomas, no I just thought it amusing that 1 share was left to support 36.5 for two hours as there were no takers at 36p. and my ocd was not impressed. I wish you luck with your investments. You have to remember that AIM really is a vipers den and often share movements and fact are strange bedfellows. JOG and PMG were ramped strongly on Twitter so it was no surprise when PMG reluctantly began to follow JOG and then the penny dropped that Polecat and Marten were sour ( more so than Perth itself) so it is extremely unlikely that it would ever be tied in to Verbier, hence the pullback today.
It really is a personal choice and your degree of risk. Sometimes the truth is somewhere in the middle. No doubt PMG comms.are woeful but against that compare it to Faroe which represents the gold standard in comms. and that share is dragged about just like PMG, often with no logic so it does not make that much difference really.
In PMG's favour there are plenty of oilies that have gone to the wall in the last few years and I suspect there are more to follow. and to PMG's credit they are still standing, or on the surface limping. How bad the limp is only time will tell.
It's a free board and everyone is entitled to their opinion, but some of the posts today probably confuse fact with opinion. PMG doing nothing to build on the NL onshore assets is simply not true and if people did their research the evidence is there that they are. Deiver West will announce increased production soon, it has been passed by the MEA and out to local consultation, PMG are also weighing up options elsewhere in NL . Platypus and Pharos are bubbling in the background and there is so much happening in the SNS that I suspect the OGA are calling the shots to bring it all together.
Could go on but I am here for the long term and in the meantime PMG is not going to the wall.
GLA.
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