Member Info for NicetoMichu

Many companies may well be keen to take some or all of these assets of BH's hands AM90, I'm very clear.. but it's all about what they're willing to pay when and what BH values the assets at then.. and unless there are big offers made, the plenty more gold he feels he can readily prove up relatvely quickly with a relatively small amount more Invested in drilling must be very tempting to him....

I've certainly being doing my bit in terms of regular buying here.. and i've got more bullets ready to fire.. so roll on 8p ish towards me firing again..
Without wanting to get carried away here, there may well be a great opportunity to do well out of this share. and maybe extremely well even.. hopefully and DYOR of course

A bunch of good posts in a row there , much appreciated !

(Accepting some sort of sale event in the coming few months is a possibility, but not one that I for one take as serious possibility) Including the possibility of medium or small numbers of those warrants only actually being exercised here in the run up to summer, I absolutely still see a strong possibility of a fair few million Gbp raise in March ish here. Especially as a raise may well be pushed at BH by brokers - and of course it would be because they get commission and rich guys who will want to take part at these prices for these assets every day of the week, would rather get a chunk of these in for eg the 20's p via a raise versus for eg 30's or 40's p if a group of people went to buy in any size on the open market- and BH might easily bite on such a raise towards having a guaranteed chunk of cash injected into a bank a/c that's looking bare now, and sticking with the unwritten rules that brokers want him to, especially as it likely won't be hugely dilutitive .. (but if a chunk of warrants get exercised subsequently too - they may not granted - that would add further dilution again, which altogether might be punchy enough dilution.. and this atop of a lot of dilutions already in the history of lnd as longtermers like Mads eloquently note .. is altogther 'very tricky' )

The Fooler to stop the fooling soon.. hopefully..
Buy low, sell high..
This time next year Rodders .. etc..

The level of expenditure undertaken in Argentina over the years versus the oil and gas output returns is very poor, sadly ..but I can't say PL hasn't undertaken significant expenditure in drilling and live production issue fixes/ attempted issue fixes over the years, in fairness.. he has but things just haven't gone decently - not to mind well- altogether, so far, alas.. but hopefully that changes soon.. it might not... or it might....

(ps; I'm leaving out PL's first Paraguay 'adventure' here.. that would have bankrupted this co.. but PL being very rich from previous success in the game was able to allow the company absorb that outrageous write off, thankfully.. his mess so right he should facilitate ppc.l surviving it imho)

there is clearly very strong s/p growth potential from here i'm more and more realising.. and i have been putting my money where my mouth is with a fair few recent top ups in 6's and one in very early 7's .. and I've now decided I'm open to doing a few more top ups asap, IF this share price continues on up.. so i'd happily add more in the mid/ late 7's and early 8's p for eg now, IF it goes there.. and maybe late 8's p too.. again IF it goes there.. and it easily might go that ways soon enough imho..

While Bills actual age is a bit of a mystery to me - 79 to 82 range ish ?- mads, he is indeed older than Joe.. so apols to joe indeed :-)
Bill for President - of Landore - I say, but not CEO too !
Meanwhile back at the fort: 25p ish here now is frighteningly low, but 'it is what it is'.. and all I got is.. more patience required, maybe lots more, even..

fine posting MGS and even encouraged me to buy a small amount more of this doggy today.. (buys show as sells a lot generally, i note )

'or care home' ... ouch madsktpan :-)

Reminds me of one of the Donald's lines in that last election campaign: Joe for Resident, not President

(In case of confusion I do not like the Donald and do like The Joe .. and like BH a fair bit too..he has some great strengths no doubt.... but Chairman only he should now be here imho)

fair enough AM90.. I guess I missed that interview.....
(Or dosed off during it : Sleepy Bill is Canada's answer to Sleepy Joe ?! :-))

Some - catch up - comments on recent posts, if I may:

At least half the Market Cap here is for the African Assets is my guess Porvenireal. ( and the lack of respect shown to those African Assets on this BB generally is 'very disappointing' imho)

CB could have meant one of a few things by that more Gold than Copper recent interview comment..versus Racecourse for eg,.. and, generally, history has shown that hanging off his every word from interviews is folly imho.

Speaking of history showing us..'sitting on assay results'- assuming he is, and he extremely likely is imho granted - the most likely reason from my experience of CB applied to this situation is simply because they're 'average' ish.. but Ascot adds big dimensions, whatever.. and Racecouse has scale too.. so average ish - or bang average even - can work well altogether too..

And, finally, I see CB's 'grand plans' here as generally fluid..as this game dictates, in fairness.

''If we are holding for assays of Felix this may take us into late April early to mid May however if we have buyers Geo's in the wheelhouse they'll already know before this date how much more gold we have as potential.''

Indeed Catbert.

It' s lost on me when people talk about notifications to the market of intention to sell to be sent out after this latest MRE publication ..etc : One of say five bigger players, whose senior management/Geo's BH has known well for years - decades even - already will - hopefully - very likely buy some/all assets here in due course, imho. And all of these counterparties have known for plenty a while now that all of Lnd's assets are for sale at the right price, whenever...And their Geo's will keep pretty good tabs on our progress no doubt and will be given access to information in near enough real time - subject to confidentiality agreements etc - if they're showing serious interests here.. and it's these guys who put the 2m oz gold number to be a serious proposition in Bill's mouth in the first place, I'd expect... etc..

(But that's not to say they will be buying here imminetly, my strong view /guess remains they won't be buying here in the next 9 months for eg.. but who knows really.. )

Apologies, I've had a change of heart and sold out here just now.. On reflection, I might as well put the 3.5k gbp into extremely high risk elsewhere and see if I can make some money back and then maybe come back here if/when I see a better betting moment/time.. my specialist AIM betting sector has always been O&G.. and there are a few extremely high risk O&G plays that can casino style double or half in short order that I'll throw this money at instead.. And such stocks, in this environment, extremely rarely go to zero, and this genuinely could readily enough now, alas.. (I shouldn't even mention them here as they're far too high risk for the vast, vast majority of players .. The likes of Bowleven, Zenith ..etc.. )

It was the forward guidance for January, February, March, April, May, June, July , August, September, October, November and December over multiple years that's the problem here Trojan.

Sad situation here now. But, while very close now granted, this is not dead yet.

I think that Blackrock would rather this survives and finds a way over time than goes under, so I have some hope still..... but those latests LNG cost rises are a further disaster.

I've only got 3.5k of my bet stil alive, so like many others here I'll just sit on it and hope... And I knew this was an extremely high risk bet at the stage I got involved and yet I persisted and so I would understand a total write off here as, sometimes, just the way of things when you play the games I play. And I feel much more sorry for those who bought in here much earlier when this looked like it should be a decent play than for myself.

i felt bounced into buying another tranche of these this late afternoon.. fomo.. as this share price has certainly been rallying well recently.. and given that so many others are off today it's very impressive that this is still rallying well... that's my lot for a while now, I expect.. ( but probably still open to adding a couple of tranches more, in due course.. if/when things are RNS shown to actually be going as well as they could easily be)

Where from last weeks MRE RNS are you getting the PEA is due early q3 Matja ?

Btw: I see the following in that RNS :
''NI43-101 scheduled for publication by early Q2 of 2022''
But after a quick wiki glance, I'm wondering is NI43-101 an overarching framework and a PEA a subset document .. ie they're not one in the same thing? ..I'm guessing? .. but am very happy to be corrected on that ?

"It is important to ensure that going forward we leave no stone unturned to achieve optimum performance and delivery for our capital expenditure''

That is a classic PL sugar coating of clearly far too many new and existing operational issues. Things MUST get significantly better in this respect in 2022 or else this s/p can go plenty lower again, sadly.

While it has been 'challenging' for a long time now for ppc to get production numbers growth, that, in fairness, is not to do with a lack of expenditure in attempting to bring on new resources / fix existing production ourtages either imho.

Very thankfully, in 2021, this 'trickiness' has been againt a very strong PoO&G backdrop, at least.

Still, these three in progress new wells, altogether, producing strongly is extremely important to ppc now.

(I did a small top up only now in late 1.50's.. more towards keeping my average price even semi in touch than actually believing in this going forward.. and would only do a small top up in 1.40's p too, if it goes there .. hopefully it doesn't.. but, one way or other, it easily might.. and might go lower again too, alas.. but who knows .. and they're certainly over due some good luck instead of bad here.. and with Paraguay etc too, hope springs eternal..)

and you just bounced me into throwing another grand in here, just in case :-) (that's my second just in case buy here recently, indeed )

great idea posting thet request to ST chique.. and much appreciated