Member Info for MisterPositive

If they sort out VOBM#1 well fairly quickly, then I can see this shoot to +�1.00 in real quick time.

Narrow Spread now... Bounce yesterday from +24 to 30p started around same time yesterday.

Yes i remember JOG sidetrack. Did +500% in just one day from 50p to 300p. Opened that day around �1.10 and next morning hit �4.

clearly OVERSOLD. Should settle above 30p this week in my view. Drop overdone....-47% yesterday and another -10% today.....come on that is excessive. Typical AIM.

HH, My thoughts exactly, they got about $6m cash balance....no need for any fundraise. PLUS revenue coming in from Tyler county. May be some de-ramping to get lower entry....but then again this is low....LoL.

64.22 Moving back towards 65 bucks. Panr is profitable at even $20 oil price. So even higher profit margin at $64-65 a barrel.

-47% Drop was far too excessive. Should rebound to 30-35p range in my view before finding a new base.

Jay Cheetham said Cpmpany is talking to Private Equity for JV and Farm-In deal for both: * Wilcox * Navarro This is NOT a one trick pony. Looking at "Multiple" revenue streams here.

Looking at the 5 year chart, PANR hit 20p intra day low today that I think was the 5 year low before it bounced to 30p intra-day .....In my opinion 20p was probably the bottom. Dyor.

M7PUD, Respect your decision. Totally understand the frustration & happens to the best. But I personally think you sold at the bottom. Price was already too low. I see limited downside but massive Upside from current levels. In the past I used to do same, only to see the buggger go back up. Yes, company has work to do, but the rewards could be mega once they get things sorted. I try to invest keeping a cool head without any emotion. Must say lot hard and easier said than done. Best of luck mate. MP

Thanks. Then that would make today's -47% drop even more insane !!!

I think Jay Cheetham mentioned that Vobm#5 accounts for only 1/5th or 20% of the overall acreage? Even if you were to w/off Vobm#5 completely (NOT that we need to), as worst case, price drop should have been -20% max. Still cannot understand the -47% drop today ? Typical AIM, classic 'Overshoot' on the Drop in my view. I would expect a bounce towards +35p in coming days as market fully absorbs today's RNS and interview.

Blimey, £3-£8 a share Exit price? Even the lower end would be more than 10-Bagger. Sure it's not going to happen overnight but if you sort out Vobm#1 and 5 issues and production shoots up, then there is huge additional $/barrel profit margin.

should do well here in coming days.

US oil is up after softer US stance over the weekend on Trade tariffs with China. Think they already got pretty good Profit Margin built Up from current Production. The way I see it, any Increased production should only lead to higher Profit margin as further wells comes online.

RSI 38... can see this between 25 - 35p trading range. Funny enough on www.Investor.com......1st resistance still showing at 41p ?

Expect high volatility.....if you can handle it.

Sorry not sure about time of interview....somebody said today lunch time?

RSI neutral 1st resistance...40.93p

35p tomorrow on the cards now......drop Overdone.