Member Info for NicetoMichu

It occurs to me reasonably often that this is an interesting board with a nice broad church of participants.. I like that, thanks

Re Jafs local football team .. 'one week you should clap and the next week you should boo'.. Balanced posting is about clapping when your team play well and booing when they play badly .. that can happen during the same game.. and a fixed formula of clapping one week and booing the next is a sriously flawed one imho :-)

Generally, views readily change as 'facts' change .. and given there seems to be a rule of thumb for AIM Co Management to focus on the positive and brush the negative under the carpet until it becomes a blindingly obvious bulge in the carpet, its very hard to have meaningful certainty on any view through the smoke and mirrors presented to us .. so cavaets and openess to change opinion is the way to go in any view on any AIM commodity stocks imho...

Nice to see a bit of bounce back here.. it did go awfully low off the back of that hard dump at any price in fairness... so clear why some buyers might nibble thereafter..

PS:
That post made me laugh KRTH.. thanks !
Re :
''but PPC could do with some chemotherapy in the form of facts and figures rather than lighting up another fag of waffle and piffle''

They'd have to be GOOD facts and figures to act as chemo ? :-)
( And if the were good.. etc.. )

Agree that CCB - Copper Colin Bird - needs to help people visualise the drill program path and progress a lot more.. otherwise he could continually be drilling good 'oles and it be like water off a ducks back to the market..

nearly mid August now and this is holding up around 26/7 p.. so I did another small top up today.. would do another if it goes to 25p.. .. but it may not now..

I disagree with that Olderandwiser. .. and would almost - aka hopefully - go as far as strongly disagree with that

Not company management in general Screenlearner. AIM company management to a fair degree and Xtr company management to a fair degree.

(Colin Bird like a fair few - but far from all - other AIM Executives has 'strong marketing orientation' There are pros and cons to this and perhaps focusing on the positive and avoiding the negatives is seen a con by plenty.... but I guess some could argue that's a strength for survival/thrival in a fledgling market like AIM too. CB is very consistent in fairness, and that's very useful in my mind...and has huge experience and understanding in this space... and excellent strategic orientation too.. but sbdolutely has his fair share of cons too..I'll not bother elaborating on those here now...not least because, altogether, I like the guy )

disappointing yes screenlearner .. surprising, no

Yes I am Troajan.. You too I guess?

And I've have had some bitter experiences - but not too many fortunately - along the road.. but haven't we all.. a few car crash bets give leanings that stick hard/long in the mind though :-)

O&G was my core focus but I'm gently but consistently flipping my p/f much more to a key metals focus now .. so still plenty of learnings for me in this specific space needed too..

(Generally, while there are macro commonalities across all such early stage commodity play bets, there's plenty of micro play by play uniqueness too .. so getting good at playing the game is hard, and I also feel you need to be lucky on top too.... that's a hard combination to get to and sustain imho :-))

Wres reaching 100t's p/m is a figure I have in my mind to breath more easily on my bet here too Troajan and obviously I extremely keenly await that.

I'd be very surprised if I put a penny more in here ahead of that happening.. so all can readily guess that not for one second did I have any interest in adding to my position after yesterdays update.. I didn't seriously contemplate selling any either, towards balance.

Ps; balance is key to a good BB and altogether there is plenty of it here imho.. but far less so individuals posting in a balanced fashion and far more so up to me to figure a balance between the bulls and bears posts content here.. although I'm beginning to feel you might well be in the ball park of what I define as a balanced poster.. which is a rare and useful thing to find on these bb's ( and i hold at least 30 stocks at any one time and so trawl through a lot of LSE BB's, I promise)

to push my last post thru

''The Company's appointed debt advisers are already engaging in providing a funding package focused primarily on a loan facility''

While I could easily be wrong, I'm guessing from the above that there could be a placement as well as lending involvement here. If yes, great if they could get that placement away at par or a premium to current s/p - it may well be a good deal on a good asset - but they might not.. While I still like this share as a medium term bet, I sold a small amount - only - this morning, just in case (small sale as my position was about half what it used be anyway.. and somewhat less again now.. so alas this is currently a low priority stock for me... maybe that will change again in the future though.. )

apols I hadn't checked the closing price before posting last post.. 1.75p is bettr than I'd have guessed , in fairness..

fair play bmeister.. I see that as a reasonably play ... disappointing to me that you bought 1m this early afternoon and now late afternoon and the s/p is effectively the same.. Looking at published trades there are a fair few other buyers nibbling .. but not to anything like your level, alas .. but cumulatively every little helps, i guess (image there hadn't been some semi decent buying :-( )

altogether, a multi million share dump in train, seemingly..

How about a punchy bounce from say 1.6p to 1.9p when the seller is finished steven49.. better than nothing .. but not much so...

Generally, with the benefit of hindsight, Napoleon Levine might have been as well/better off being far more transparent on the bad as well as the good over the years.. probably more than definitely though.. as there has been so much bad that he's had to cover over with huge cash injections from placings /loans etc that it's been a very hard journey for ppc granted..

...ytd 2021 oil production levels is soon to be the latest eg.. if they're revealed as bad from a sub 2p s/p 'starting ' position it could easily be further tricky again, alas.. etc..

(Bottom line here is that cash spent versus reveune generated here has been an awful dynamic for such a long time.. the amount wastd on Paraguay the first time around was the absolute catastrophy of course.. and at least the busines hasn't folded off the back of that.. and is probably well into turning a corner nowadays.. )

all that makes sense to me AM90..

and you'll notice I set my upper range at 40p in recent posts .. which is almost 50% over 27p for eg.. and so I have built bandwidth in for an Oct MRE notification of up to 1.5m oz for eg..

...and I can see retraces from any such rallies too..

Finally, I agree it's - pretty - obvious that Landore will be taken out in due course .. but my latest guess is that it will not happen until late 22 at earliest..

while this ongoing selling at under 30p disappoints and annoys me... to help maintain my patience , I've 'grown out' a good reason in my mind why it's so readily happening :-) - see my previous posts on timeframes to 2mT gold prove up and off the back company sale etc - and can readily continue to happen too... (unless and until there's strongly meaningful good news released that encourages some really punchy buying here ) So my clearer and clearer view here now is that this could easily be range bound - 25p-40p ish for eg - for many months to come, thus leading me to lower my s/p expectations here meaningfully for the coming up to 15 months, alas.. but I still like this alot as a medium term bet (eg late 22 thru 23 good pay out opportunity)

I had a few grand in this and dumped about half of it a while back - at a decent loss - leaving 2k bet on, now worth approx 1 k.. and mug punter that I may easily be i've just added back 500gbp ish now .. and am open to adding a clip or two more at similar size 'in the right circumstances'..whatever they may be :-).. ..

A total - small - hard core punt on my part and ok with losing the lot.. but I do still see clear potential here.. accepting much luck involved in the AIM O&G discovery game too .. and with a low average price if a hit you can see very punchy wins.. so fingers crossed..

I think PL is neither a pathalogical liar nor very clever. Arrogant, stubborn/slow to adapt and averagely intelligent would be my view on him....and, after the last decade, I think he has extraordinarily little credibility left as commander and chief of ppc.

I'd only add here at under 1.5p .. and I hope for the long suffering it doesn't go there.

Whatever, this share price performance is appalling..and what makes it especially so it's against a STRONG Oil and Gas price background.

The interesting/quality posting here generally is much appreciated.

Pretty volatile stock this.. especially for a north of 250m gbp market cap co....and I'm now thinking I'm very happy to grow out my position slowly here and am seeing 10k gbp as an appropriate absolute max. bet size for me here (that would be a mid size bet for me.. and I have a lot of bets in play at any one time generally) .... and having 'only' 4k bet on here so far is now fine by me .. was thinking about adding at 95p just now but decided too close to my average price and I'm now going to more go with rules that I apply for my 'hardcore' aimer bets here now: add small clips at greater s/p distances apart...

Hopefully for other this doesn't go into 80's p soon(ish).. and while it may not.. it clearly could in my mind now..

thanks Troajan

Now seeing 46m gbp in that Shard report Troajan has just posted ..just glanced thru it though ..so... if i'm reading correctly? Thats over $60 m ? And that's a lot by any definition here, alas imho..