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Thank you Mommur - Not sure whether it is tenacity or insanity or a mixture of both. Good luck with your investments.
GLA.
Johnpwh - nothing wrong with what you posted there , probably voicing what a lot of PI's feel. The BOD have done themselves no favours with this related transaction and it could have been handled much better. Personally I am not concerned and as I posted yesterday to aquire the land in this manner has possibly meant a better price paid than if was known that Parkmead iPltself was looking to buy land.
I share the concerns of some shareholders in the fact that PMG comms. are woeful. Parkmead with a Twitter account has to be one of strangest decisions ever when pigeon post would do the job just as well. What does the PR company used by Parkmead actually do to promote the stock?
On the flipside we have to realise that for three years for many junior oilies it was a fight for survival which some did not make but there was never a doubt that PMG would come through it.
No doubt I am wrong but I would like PMG to sell the GPA , keep the WOS assets and concentrate on gas and renewables.
GLA.
You have to smile. Just a thought if it had been common knowledge that Parkmead Group was looking to acquire land for renewable purposes do you think the price of the land would have been more or less ? Hard one that.
GLA.
Can only be a matter of time before the family dog is bought in for questioning.
GLA.
Hi Fortunehunter, just working my way through a busy board (for PMG anyway)
Asset purchased and share price diluted by a similar amount. Personally not concerned too much but related transactions always lead to questions and rightly so.
To clarify one thing Tilestamp Limited is mentioned in some posts and it is certainly nothing untoward. It is simply the most tax efficient way to operate from Queens Terrace.
GLA.
Kingfisher Bulletin issue 19. TL to commenced drill approx, 5th. SEPTEMBER ?
Bitethe bull - haha I do not mind economy but draw the line at Ryanair. Return journey Singapore Airlines first class sounds good.
GLA.
I would rather be sitting in the aircraft than chasing it down the runway with a suitcase full of money. There have been plenty of opportunities to buy in the mid 30 p. range. Everyone has different time frames and risk/reward . Whether LTH's will profit from their patience or be certified insane only time will tell.
GLA.
specul8 - I think you are wrong there. Vermilion production in NL will be up this year because of the rework they have done on some of their wells but most significant is that they have a new well producing which unfortunately PMG do not have a stake in. Unless something changes PMG revenue will be at best, the same as last accounts and possibly slightly down due to weak TFF prices for part of the relevant period. I would be delighted if I am wrong.
GLA.
Most oilies suffered today. PMG hit harder than some because generally it is fairly illiquid. The AIM market is ruthless in seeking any weaknesses by holders. I know of no reason to be overly concerned.
GLA.
I have shares in HUR but don't take too much notice of all the noise, but I did see something on the O.G.A. site this morning on the Pathfinder project update. B.P. to do further work on Clair and leave capacity for further tie ins. Handy for HUR? Any thoughts?
GLA
Skerryvore is drill ready. We can but live in hope.
GLA.
Thanks Robs12 I missed this one. One big jigsaw. Trying to put it all in order that is the hard part.
GLA.
Discussed on here so many times, we must all get frustrated sometimes over the P.R. or reluctance to issue any R.N.S. but it comes with the territory and I would much prefer this approach to some of the other AIM oilies who release RNS often with little value.
If GPA alone and it is still a if proceeds to development this will become the biggest bargain on AIM even discounting the other assets in particular Sanda, Skerryvore and Davaar.
GLA.
The thundering herd will depart soon enough to cause havoc somewhere else on AIM.
GLA.
Lets's think positive Sonofthebull perhaps we can buy ex. Edison's share in Scott, that would make sense at the right price..
As always we live in hope.
GLA.
Sonofthebull the O.G.A. map shows that there were no applicants for the other blocks?
GLA
I believe it would be a separate Hub. There have been plans within the industry for some time that the OMF could consist of five hubs. The southerly Buchan area being one of them. With JOG teamed up with a major the prospect of Marten and Polecat being part of that hub have increased, although slightly disappointed that PMG did not get anything in the awards.
GLA
I would think a good few Pi's have raised the same question as you this morning, but not quite as eloquently.
GLA.
I would think JOG will get a slap on the wrist for this. I believe O.G.A. notify the applicants first and then ensure there are no queries or anomalies before publishing on their site, so it looks like JOG have jumped the gun. I have raised this with O.G.A. this morning , I don't expect an immediate response but generally they are very good at answering e mails.
GLA.