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POSTING NEGATIVE, NOT POTING NEGATIVE, correction.
Mr. Zarniwoop, Good article, let the Penny paid posters earn their packet of CHIPS BY POTING NEGATIVE, I IGNORE THEM BUT I FEEL THIS IS GOING IN TEENS, HIGHER TEENS SOON.
Same here held back here before may be going to in teens.
Delisting! Talk to pull down SP! It does not work.
SP held back, MM collecting, why!!,Do they smell a bid coming, if so they will soon push the SP in teens to secure a higher profit via bid in 35/45p.
If Crude still goes up and holds, I am holding for 20/35 SP. Paid pennies Poster have collected enough for a Burger.
Brent now 43.33.
O.10., C.12+.
DireEmbelm, your post of 17.00, Very good post. Your calculation, a very cautious and discounted calculation, points that you could be an Accountant may be A.C.A. after such a discounted calculation the SP ESTIMATED BY YOU IS VERY POSSIBLE 12/14P BUT IF THE PRODUCTION IS ON , IT COULD BE ALSO 15,000+ BARRELS AND INCREASING YOUR ESTIMATE TO NEAR 20P. That is what I think this will be by next Friday if Crude goes to 45+barrel.
C.ENG, WISH YOU ALL THE LUCK.
C.Eng, thank you for interesting text. As you have been in this share since 2014, your estimate of what the SP should be and possible net worth of the Company would be welcomed.
acrossthesea, Very good logical article, true the Company could be worth a lot on some positive reserve/production levels figures, I sold out twice last week and missed out on a lot of proifits, but I bought in again at 8.80p because I FEEL THE BOD knows some thing and the Crude price could go up to $65/75 by the year end, the last thing said also applies to TLW & PMO BUT THE GEARING HERE IS BETTER.
MY KEY BOARD IS PLAYING UP, MAY BE SOME LOOSE WIRE, I WILL STOP POSTING.
sorry, thinking not in king th.
I was thinking of getting some PMO shares, but now I re to get them, or top up Tullow or get HUR.
when it goes up after that he will claim success, but with Iran/USA tension re the Iran's tankers taking the fuel to Venezuela and Trump threatening, also Israel and Jordan tension, Israel and Palestine tension, Israel and Hezbollah, All this could explode into a big war and the Crude can go to over 100$ and so I today bought 9165 share at 24.70 including charges. Next week I hope to buy at least another 5000 shares. I think the Company could announce a debt free POSITION AFTER THE NEW APPOINTEE COMES IN.
EC, Good logical message, I feel for at least 3rd qtr., difficult situation re: SP but in long run this Co., could have a rights issue which although diluting, is much cheaper than debts with restrictions and higher interest. I read one of the text on Tullow Chats that today's Crude increase was owing to the end of April Contracts rolled over to May, if so spot Crude could go down tomorrow.
E C, I Agree 100% with you.