Member Info for NicetoMichu

Or perhaps Dirkus visited Madame Una's an awful lot through lockdown ?!!! :-)

I understand Madame Una may have had to be very flexible in payment kinds during recent co-vid lockdown times.. but perhaps best pay her in cash again from August forward, instead of in Lnd shares.. in her business 10 minutes activity for a happy ending is a long time.. and so just too tempting to take that quick profit for a happy ending on her recently 'acquired' lnd share holding perhaps ??

ouch... could do with another 1m buyer now please.. I did a small top up now.. and would do more if this goes back to .80's.. but I'd rather it didn't.. altogether, this share is pretty volatile !

:-)

and starting from a small - but not very small, I hasten to add - position rhodi !

of course ending up with a large position should be the aim of the game here :-)

while he has good content, Ananda's prediction of 450p + here speaks for itself: as unlikely as it is 'brave' imho : extremely

good news in an OTC sense but the question mark over funding does indeed raise its head again now too.. and that is of course tricky for this s/p.. still, I did a small top up just now to help support it around 14p.. but I have and will have only a small position here around this time.. but would top up by small increment into any meaningful weakness from 14p though.. and I must admit that single figures here in coming weeks/months is a - smallish to medium - possibility in my mind.. while I hope for the long suffering here that doesn't happen, if it does I'd grow out to a medium position here off the back.

Delayed is a word that has been used too often in the past here Happy Sparrow.. so 're-imagined' and 're-engineered' are now in vogue and 'delayed' is totally out of vogue, if you don't mind :-)

Otherwise, your maths seem in the ball park to me.

Generally, with the s/p this low A LOT of 're-imagining' by the BOD baked into it already, I believe .. and so any bad news from here may see small falls only, while good news may see punchy s/p rises from here.. hopefully..

Even if those results were published in for eg the last week of July Telegraphist50, that wouldn't be out of line with the wording AK used in recent update :

''The impact of the Covid-19 lockdown in our countries of operation has meant that we will now look to publish them later in July 2020."

very impressive RNS !

The fact production guidance remains unchanged for the year tells me some patience may still be required here.. but I'm very happy to be holding this and am confident in this s/p appreciating strongly thru the coming 12 months plus.. and still kinda hoping for s/p up movement decently into the 100 -150p range in the short(ish) term too..

not me selling this time.. a bit surprised it has come off this much.. if i'd known it would go back under 1p quickly I would have sold a chunk :-) but too late and I'm now open to add more in the .80's if it goes back there..

tricky one this is now.. share price seems to be coming down in anticipation of a raise soon(ish)...

so if he feels he'll need to raise in next 3 months I think he's nearly better to do in July at somewhere around 1p.. as what he doesn't want is this to continue slowly ticking on down in a vicious circle effect and then he raises in August or Sept at .80p type thing..

all that said, I did my first top up in a good while here just now.. but I made it a - very - small one towards keeping plenty of bullets ready in case I get the opportunity for top ups in the .80 to 1p range.. (I'd build out a good size position again here off the back of any such weakness .... but this could of course rally from 1.05p too, for eg if we get some news that allows punters believe more that Manica FB 'ard is likely to come live in Oct Nov time or cash position remains ok off the back of latest alluvial production..etc)

Malcay's valuations and predictions have sadly been awful in recent years.. so very few listen to him anymore.. but very hopefully this massively unloved sector can pick up from current generally horribly low s/p levels off the back off a rally in Oil back up to hopefully $55 pb over the next year or so

btw : Good to see Happysparrow involved here.. very good analytical orientation and searching questions off the back from him over on the Save.l board .. and similar here from him is very welcome.

The CEO of Save.l described his very lowly s/p - 7p - as a nonsense recently.. well, as a size holder of both, I'd describe PPC at 1.5p as a bigger nonsense than save.l at 7p :

Even including this sector being loathed by many for up to 2 years now, and PL's penchant for regular raises and regular missed targets, the assets here and ongoing steady progress here make 1.5p way too low a s/p here now !

Imho and DYOR

1.275 p paid
1.30p paid
1.325 p paid
1.35p paid
1.375 paid
1.40p paid

x paid... y paid.. z paid..

a 'heard' posters classic UR :-)

There was a guy called Taff Evans who used 'smash' the bulletin boards with an x,y,z paid post for near every uptick in shares he was in .. Taff would do an x paid post for every .05 p uptick if he was in here now, I'd guess .. but you're better than that UR: so I'm expecting a post from you for every .025p uptick from here !
roll on that '1.275p paid' UR post
ps: personally 'I wouldn't like to be out of this for'... 30 seconds.......... not to mind a minute !!

Here you go the Urban Racer:

I expect the herd to arrive any minute now.... galloping in here en masse with countless posts offering an abundance of world class brainless ramping

5p by the end of the week anyone? ...

And how about the big hitter participants in the recent raise that will soon come out in the TR1's being a consortium made up of: The Fed, The Bank of England and The Swiss Central Bank :-)

Boom, Boom ... and boom boom goes this share price too..

You know it makes sense Aubrey - "Boycie" - Boyce !

WOW.. absolutely didn't expect such a rally so quickly.. and, of course, now wish I held more of these than I currently do.. draught.. if strength continues I'll sadly stay far lighter here than the million plus shares I could readily recently have seen myself accumulating here.. double draught..

As I feel the meaningful buying here might not be over yet - on a grander scheme of things 1p is potentially very cheap here still imho - I just did one more small top up... brought my average up a bit only ....and if strength here continues that may, sadly, be my second last or even last top up here .... (given the volatility, I still feel the need to keep a low(ish) average here)

No Sale or JV in the next 3 or 4 months at least, seemingly.. oh well.. my October guess on sale or JV news is therefore pretty unlikely now I concede.. but end Oct /early Nov a possibility still I guess, as most drilling activity will be earlier rather than later in coming months I'd expect.. ahead of winter etc..

Aside : what are the chances of the recent largeish seller being investigated for selling on inside info. re the discounted placing ahoy.. tiny I'd guess...

at least they now have meaningful funds to further progress the evaluation of the resource(s).. so instead of limbo some further 'progress' will be made.. but for at least the next 3 to 4 months I'd guess it will be reasonably quiet in terms of s/p movements here .. so likely i'll not sell or buy any more of these and just mostly forget about my current holding until mid
Autumnish..

(unless it goes to .5's p from some punchy selling to bet elsewhere with little interest in corresponding buying around this time.. i'd top up then.. but my guess is this won't go under .60p over summer .. and if any good news in late summer from early drilling outputs this might even rally a bit then..)

If the technology is as good here as plenty think then buyers may well pay decently/well for it George.

including the bad management that's gone before, the current market cap is very low versus the assets imho and Michael Hennigan sees value at these s/p levels, as do I.

This is becoming very interesting to me again all of a sudden... and if I wasn't holding a chunk of these already I'd be adding punchily now.

As of yesterday Michael Hennigan has steadily built up to 4.5% of mtph

Still only 4.5% as I see it :

As Viveka and Bbr have good reason to believe it's the same guy who is Chairmen/CEO of MPLX then he clearly likely has very deep pockets - mplx is a big Oil&Gas sector player - approx $15- $20 BILLION Market Cap type thing/US's largest refiner with large midstream and retail business's too - and he apparently earns the guts of $10m a year there.. also as he's 60 and with other interests he is likely altogether a very wealthy man indeed .. so he could easily take a large stake here and it still be peanuts to him ??!!

I'm surprised Haso and the short term trader gang aren't accumulating here towards front running this buying ? There are, after all. only a handful of trades here so far today and plenty of those are perhaps Hennigan's..

Maybe if this goes to 15%-20% per cent up on the day it come on radars .. and buying here beyond/on top of Hennigans could make things very interesting quickly here.

Here's hoping
and
DYOR of course

much appreciated hbro and 38.40 mins forward was indeed VERY interesting.. here's hoping

And their delivery technology is excellent generally here, I feel.

There could be plenty more trading action here over these summer months, I guess....

Again, to me, all things considered, this s/p is currently ridiculously cheap ..

Just my opinion of course and DYOR