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TLW up 3% to 248 now! ENQ up 2% CNE up almost 2% PMO up 1% (I say up, but actually down compared to two weeks ago.

Mytton... are you alright, young man?!? Your posts are demented. All you keep saying is sp up. Haven’t you learned anything else to say?

Our sp is back to 102 now from 101.75 yesterday after the HUGE Zama news update. Two weeks ago we were at 104.50 with Brent at 68-69 (72.18 as I write this) and no update about Zama. It all makes sense... or does it?

Mrd5432.... the point is not that we are not even attempting anymore to move to 104... we are back at 103 now with Brent at 72.12... we are 50% lower than 6 months ago and a staggering 550% lower than in 2011 when our sp was 550 with none of the assets, cost cuttings and potentials we have nowadays.

Tlw up 3% to 247, their highest sp since 1 Oct last year, when oil and oil shares started to go down heavily until the beginning of this year. In the meantime PMO is up only 1% and struggling to be above 102. In Oct last year we were at 148, so we need to rise a staggering near 50% to go back to those levels. TLW (certainly not the best share on the planet!), has outperformed us by 50%.... doesn’t make good reading... I am shocked

Lowest volume of PMO shares traded after 1 and a half hours on any trading day. Only 700,000... and we are are still only up a miserly 1% when TLW is up almost 3%. Once again they are outperforming us. I really am at a loss here

Malafuser... you say that the first few minutes of trading are highly misleading. Why are they only misleading to PMO? Other oil shares are up a LOT more than us in the first few minutes of trading. It should be PMO benefiting most from a massive Brent spike. When Brent drops we tank a LOt more than other oilies. And as Mrd5432 rightly says, we would from the opening and for the whole day. Including the first few minutes of trading

Mrd5432... well said

Brent at highest 72.06, all oil shares up at least 2% and Pmo is up 0.4%. Says it all

Brent at 72. PMO sp doing nothing

Taverham.... I disagree. Why do we have a big credibility gap? All we have done so far turned out great. The Eon deal, Catcher a huge success at record production, Sea Lion and Zama more huge discoveries. Solan didn’t work out too much, but from this to say that we have lost credibility is a bit too much?

In the olden days, this would have meant PMO finishing the day up at least 10% or more. Nowadays it means that we have to pray not to fall back below £ 1. I struggle to understand why and with me, countless here who are shocked at the lack of upward momentum.

JBatch... are you real or pretending to be? You call finishing unchanged after the huge positive news of Zama a great result? We are at 101 with Zama whilst we were at 104.50 last week without it. You say because of profit taking? What profit taking? We are lower now than we were two weeks ago at 102... Brent was 68-69 then and it is now at 72. That plus Zama we should be at 150 minimum. And as for people like me deramping and influencing the sp down, you have one more loose screw than I thought!! Firstly I want the sp to move up more than you and everyone else, as I am nursing a huge 80% loss. Secondly, if you think that I can influence the price of PMO then you pay me a huge compliment . And in all my post I put a huge STRONG BUY

Hawkey... we had been waiting for months for the Zama update. Today it was a total fiasco. Now we have to wait another month for the trading update...

TheTexan... yeah yeah... we have been meaning to lift off for the last 6 years. Alas, we are still firmly on the ground. Ouch!

Brent up to 71.70 and at its highest since the heady heights in Oct last year. Amazing to think it was down to only 49 at xmas. Whether it holds tomorrow or not is anybody’s guess, but will it help PMO put 1p on?!? Doubt it... nothing is helping us and no good news or positive vibes can shift us up. And anyway... Brent at 70:70 first thing this morning and PMO was trading at 105.40 but then Brent went up to 71.30 at the close, only for PMO to drop 4% and close unchanged at 101. So for all those of you who keep saying that PMO tracks Brent... you are 50% right, as when Brent loses even a few Cents, PMO tanks. But you are 50% wrong, as when Brent rises, PMO is at best unchanged, at worst it goes into red. Logic? Not to me...

TR61. Sad to see you sell PMO, mate, but I understand your frustration and if you are in profit, then well done. I certainly won’t sell at 80% loss. Good luck

Withoutt... That’s wishful thinking... GA will only leave us when their job is done. Takeover bid or rights issue or shorting or whatever game they are playing behind our backs. You and I will be the last to know. As always...

MrECM2... To say that we will either soar to 150 or crash to 70 is rather simplistic in my humble opinion. It is like saying that a football player will either score a penalty or miss it...

ROCKLAWN.... no, mate. In my opinion debt has nothing at all to do with it. We have had debt for many years and never like today, was it coming down steadily and quickly. Debt is not ideal, but without debt we would be at 500 or 600, so it is hugely factored in already.