Member Info for MrBond007

Trouble is I�m guessing we�ve both been here a long time and therefore the �n� price is not exactly 3p. As you point out in jul 2012 the institutional investors were happy to part with a lot of cash then, but imo they only got their fingers Burned. This may be where the trouble lies. Without some diferent people on the bod it may be difficult to enter any meaningful negotiations. All imo of course. Oh and I agree about p/e just not quite sure where the effective % given away will lie. Until any meaningful activity occurs in the Falkland islands it�s all just pleasant dreams.

Well 50,000 barrels a day @ say a tie up of 5% profit royalty is approx 2cpounds a barrel. By my reckoning 36 million profit a year and maybe a mkt cap 360 million or about 75p a share. All once the farmer has dug a hole in the seabed and got the necessary machinery and storage nearby. And presumably this will be 3 to 5 yrs after the farm in/out. So I�m not sure I would value it as you do, but then we�re all entitled to differing opinions. Gla.

Well 50,000 barrels a day @ say a tie up of 5% profit royalty is approx 2cpounds a barrel. By my reckoning 36 million profit a year and maybe a mkt cap 360 million or about 75p a share. All once the farmer has dug a hole in the seabed and got the necessary machinery and storage nearby. And presumably this will be 3 to 5 yrs after the farm in/out. So I�m not sure I would value it as you do, but then we�re all entitled to differing opinions. Gla.

Well 50,000 barrels a day @ say a tie up of 5% profit royalty is approx 2cpounds a barrel. By my reckoning 36 million profit a year and maybe a mkt cap 360 million or about 75p a share. All once the farmer has dug a hole in the seabed and got the necessary machinery and storage nearby. And presumably this will be 3 to 5 yrs after the farm in/out. So I�m not sure I would value it as you do, but then we�re all entitled to differing opinions. Gla.

So is that your exit price then 5p?

Time for action now. Half yr report when oil was about 57 dollars. Now Oil is much higher and if a deal can�t be done at this price it will probably never happen. You and your mate are taking nearly 700,000 a year out, if you can�t find a partner in the next 6 months you should stand aside imo and let someone with better connections do the deal with anyone who is willing to put he necessary funding in.

... there�s got to be enough in all of this to turn the price sentiment on this share around.... as you say Luciano the books should be looking good at the moment.

Just had a look at PMO. Blimey their board is on fire! I wonder if any recent interest on BOR is purely RKH / PMO based.

Well I�m not sure that 2018 will be the year that sees you running round Edinburgh castle stark rollock naked, but it�s nice to see this share firming up albeit only slightly.

Had a �flutter� myself recently in PFC. Gla.

So are you saying you will end up with all your money in one share?

Hi Anth, as I�ve tried to explain before ... I don�t believe that the data coming to lse contains the information to say if the trade was a buy or a sell. This means that the lse computer has to try and figure this out. The only way of doing this is to look at previous trades and obviously, as the price is constantly changing then this will mean it sometimes gets it wrong, esp. in a share that�s moving a lot. I think they may have done an upgrade to this part of the system recently becuse I have other shares where the trades are being classified as one thing but price wise they look as though they should be the opposite. It�s a bit notional anyway cos to sell you need a buyer and visa versa. GLA

I would be disengenious shouting about this company. It�s one of my worst paper investments and encouraging other people into it, for me, is dishonest. Whether 2.5p will turn out to be a good price only time will tell, but if the share price falls to 0.1p then I suspect not. It�s a high risk gamble plain and simple. Could make me a fortune or lose me quite a bit. I�ve been here about 5 yrs every 18 months or so investors arrive who try to shout the price up. It�s unfortunately simple the board find a partner or they don�t. I�m not sure how hopeful I am, nothing seems to have changed since I went to an AGM in 2014 or 15. Ok the oil price is high enough to be viable snd the Argies are becoming more accomodating, but the BOD seem unable to persuade anyone to work with them. This is not a good sign. And yes I bought a few more recently to average down. Heh ho Good Luck All for 2018, fingers crossed a rabbit will pop out of Howard Obee�s jacket at this years AGM.

Delighted you�re now a major shareholder. Presumably there will be an RNS in the next few days letting us know exactly who you are.

Sounds fishy to me. Is that alright then gus? I didn�t realise that sort of thing was allowed?

Joined you with another purchase, but still not quite at your in-price yet. It looks like most of the trades are sells so far today. I guess the day traders got over excited yesterday and now they�ve sobered up. Let�s hope some more buyers come in next week. As for gus�s point about the data I think in general they should show all the trades in black and white and let us conclude if they are buys or sells. It�s difficult for a computer program to determine a buy or sell purely on the bid/offer price, when there is no buy or sell indicator given with the date. As far I I can see atm 2.53 is a sell and anything much higher will be a buy.

Well it would appear you�re at breakeven. Not quite there yet myself, but then I was a buyer at 28p! A bit of traction is needed - a bit of a flat day today, let�s hope the buyer�s return tomorrow.

Fingers crossed - where did your current value come from?

Never understand these things. Does this mean that gs has reduced their shorts. I see that their voting rights through financial interests have dropped - I'm assuming these are shares that they have 'borrowed'.

Well lets hope it ends on a rise and then rises tomorrow eh.