Member Info for MisterPositive

Longlad, Thanks for sharing the latest Oil discovery news from Inner Mongolia. 40 million tonnes of Oil discovery is what approx. 300-350 Million barrels as rough guide ? Sorry dont have the exact conversion formula. Might have to look it up.

Defo Buy the dips while you can. Price won't stay this low for long with Snow Leopard and Wild Horse Basin Opener drills coming up along with interim news Pre-Spud.

PANR should just put up 'FOR SALE' sign for the acreage......LoL. Should get at least £1 per share ;-))

$68.82 Brent Crude broke $74 Perfect timing for Good news to come through.

Nice consolidation around 23p. Needed little pause here. Bodes well for the continued momentum and bounce from very Oversold level last week. Look forward to further updates soon.

Our acreage looking even better. Lets get VOBM#1 up and running. Profitable @ $20......nice profit margin. $68.06

Wilcox OR Navarro ? Well that will catch the Shorters with pants down...........LoL

wow....yes just saw them on MoneyAM.

This should blow past 38p this year. Feeling extremely Bullish here. NPV for only 50MMBO is $451m as per Company presentation. MATD drills targeting mid-case 400MMBO....no brainer. current MCap measly £60m vs the massive Upside potential at 100% ownership and friendly Govt. keen for Oil independence. Fireworks will start without any warning. Make sure everybody is in. IMHO.

Also KOOV in my opinion was pumped higher by Buy the rumour / Sell on news brigade hoping for funding deal to come through....which is now pushed further down the road. Punters bailing out of KOOV now in single digits. Important to do your own research. Sorry folks for off topic.

Koov......had big red flag with only 4-5 months cash left....Too risky !!! No guarantee funding deal will come through for them either ? MATD fully funded for 4 drills. Just waiting for Plan to be executed here now very soon. Imho.

JohnHenry, Not an issue mate. I posted over the weekend first price target will be 25p... before a little breather. Healthy consolidation always needed. After hitting 26p yesterday, price should stabilise around 23.5 / 24p before next leg with 30p as next price target for me sometime Next week. Still Oversold and down -50% from 49p before that RNS. IMHO.

Each day price goes up, Shorters get even more scared. Think they are closing daily via DMA (Direct Market Access) facility. That quick flurry from 24p to 26p yesterday could very well be them. Info is delayed by a few days. Should get better read by Fri/Mon on the latest. Just an observation. Expect more of same today. Pipeline heaters for VOBM 5 should now be fitted in my opinion. Would expect some kind of update by Friday or early next week. IMHO.

I think current Short position after past 2 days is lower than currently being reported...as it lags by few days. Fri / Mon should provide better read on that. Could be wrong but that is my take on things. Either way bodes well for this & next week. Positive RNS in the meantime will blast this to +40p in double quick time.

Thought short tracker was delayed by few days. Have not looked at it for a long time. Shorters cannot fight the Market. They should close / reduce their positions further in coming days. Would be only in their best interest in my view. Positive RNS would easily put +20% to +30%.

Yus777, I would prefer +10% to +15% steady rise daily with out unnecessary speeding ticket etc. on No RNS. With a positive RNS....then upside is unlimited.

next week is pretty much on at this rate. IMHO.

All good here. Posted earlier $ value paid for Eagleford acreage been around $10,500 per acre going by what Penn Virginia paid. Our land acreage alone seems to be much more valuable than current MCap.....crazy.

That land deal valued it @ $10,460 per Acre. PANR has 25,000 acres + Production + Revevenues. Land value alone should be approx. 4x current Share price if Penn Virginia deal is to go by. Bigger Oil players have even paid up to $21,000 / acre for Land acreage there.

WOW....