Member Info for Mrd5432

Is pmo looking for oil? Small hit with 88e. We have guyana and Peru. Already on our books. We need to strike there or anywhere and we automatically get 1-2 billion barrels.

$150 million they want. Im sure instead of looking for more oil bp/shell/usa companies would sell us end of life assets which would improve our bpd and cash flow.

We dont need any more oil. We still need to produce from that 2 billion oil find

Yes until they can show ghana is improving or we have another viable alternative the market will bully us. Pmo had catcher save the day. We have ghana or uganda. They need to show one or both can do something better than where we are now

We need a new CEO average time in the industry is 4-6 months. So by may hopefully we should have one.... until then dorothy will have to prove her worth.

Premier_oil brought assets from eon and because it was more than the market cap it was considered a reverse takeover. Even they weren't expecting market cap to fall to $200 million. They did well from eon then catcher then zama. So we need tullow to buy something good then strike guyana/peru and improve on Ghana. Then we may see some ambience to the price..150p. They can do it. I can do it.

I never thought id be in a premier_oil moment again where it dropped to 19p... that was heavy reaction. Nearly had a heart attack. Was so glad when it got suspended. 19p to 140p. So dont know one tell me tullow cant do 50 to 250.

With these 5% drops even 110p seems a million miles away. But I been here before many a times. Just never as big. Where you think all is gone. I lost alot on afren gkp cattles made alot of it back on taylor wimpey thomas cook bats and finally made it all back on premier_oil.

If I dont burrow I cant average down. I put it all in here. So either I wait it out and suffer everyday. Or burrow some and bring average closer to 110p.

In Hindsight everything is obvious. Right now you all thinking yea buy back in lower. But it might not go any lower. How do we know whose out isnt out now.

The second I sell hoping to buy in lower that offer will come from total. Happen to me in barcs in 2008. Sold at 60p to buy back at 50p then the qatar bail out came. Before I could blink 80p and I waited only for it to then go to 180p.

Its having its solan moment. Like pmo did. What doesnt kill it will make it stronger. Lets see what they say bpd will be for this year. Lastly estimated at 70-80kbp. Which is close to premier oil current production.

If we could of just flat lined at 65p id be ok with it. But constant drops of 5% not helping.

Strike it big in guyana peru or somewhere will add 50p or so here. Then 3 good trading updates with upwards projection of more than 70kbpd and it will recover... will take circular 18 months. Im just hoping it flatlines like enq at 17.5p these constant drops are killing me slowly

I dont do this buying and selling when it goes wrong. I just wait wait and wait eventually one of 2 things occur. Either it goes bust which is unlikely here or it goes back to where its been trading for years. 130-250.

I used it all to average down to 152p. To average lower I need another 100k. When I said on here im going to burrow it ppl saying I gone nuts.

275,000 shares at 1.52p

Im sure thats some south Korean goreyo period

Lol. Im not feelin no zen. Feel like complete failure

Get results end of march. Most likely.