Member Info for Ojay

it appears that PM's SP is holding up very well.
Personaly I don't believe that a SP of 2p let alone 1p is realistic going forward. Good luck to those waiting for that point. I myself chose to buy in @2.7p and @2.75p. Investors who would like to benefit from the SP rise in Q1/Q2 next year shouldn't rely on a lower SP. That said - anything (negative) can happen as we know. I just don't believe it will.
ATB and GL

poster-investors (are they?) are freaking out because they've run out of patience. Well, so be it.

I agree with Biker888 when he says: "This will come good". If you don't have the patience, then take a ditch and don't bother the real PM-investors.

Ostraliamate: I'm just as positive as you are - but sometimes we need to be realistic even if it comes across as negative.
From my modest POV: PM needs to finally start extracting oil from Heron - even if Heron is not the "Big Find". There are others. However, those others, like Velociraptor, need to be found first - and that has not yet happened.
So let's just focus on what we have; and what we have is much better than what we've had until now.
GL and ATB

Hollowed: A guy who has his head screwed on right. Thx for your on spot post (in every respect) - much appreciated.

At that point I assume you would be a "Garbage Collector". Interesting strategy.

Lots of luck and have a brilliant day!

I'm sure you know what I meant - but thx anyway for contribution.
ATB

Fully agree Coldjoe and TanGiro: In less than a years time share prices around 2.7p-2.9p will look like paradise.
News is sure to come and it will be along the LTH's lines.
GLA

Thx Jobby, never would have thought about it......how about Xmas money - only get the opportunity once a year?

And still I need to wonder who TF would actually sell this share @2.7p? Looks like those sellers are desperate to make some Xmas money - at an idiotically low price!
OMG

Research: I don't know (sorry for the confusion!). All I'm saying is that those are the issues which need to be confirmed by PM and I don't believe they're roadblockers.

the SP rise may have well been due to FOMO. The real "piling in" should take place any time - nobody know when. Personally, I believe it will happen during the 2nd half of Q1 2022. So to all the FOMO-people: Don't get caught out and place your bets early! There's not much to confirm on behalf of PM in order to get this rocket launched:
Oil extraction team in place, rig in place and logistics in place.
Go, go, go!!!

I tend to agree with idc - Confusious' concept applies here just as well. Just because some (or even many) investors got their fingers burnt doesn't mean that patience is the wrong strategy with PM. I have been applying this concept for many years, have been able to sell off part of my investment for a profit over my initial investment. Not saying that this represents some kind of standard but as a (totally) non-professional investor, I have been able to accumulate a very large holding; selling part of it for a multibagger profit made sense. Anybody could have done the same, w/o investment experience. HOWEVER: Patience is the key.

Manro: I recommend you engage a translator - your messages may then actually come across as you want them to. You don't want to be misunderstood do you?

What a bunch of crap Manro: The only one recommending your post is you yourself. I really wish you would get lost.

GKahn: Thx for that. Your analysis is always very much appreciated.

Concerning the takeover issue: As long as we investors get our fair share for our holdings I guess it would be OK.

Yes Ostraliamate: And while they're at it most of us would be interested to undertand why they didn't confront MB and his management team when they had the chance to do so? That's where the critical questions need to be placed - not this BB.

was around 1.7mio shares and not 770K as .the MMs display and want us to believe. This is disgusting.

nobody was able to get the SP down to the price I would have bought in big time. What a sad story...but maybe after today some of those doom sayers are hoping that the slide may continue! In that case: I'm all in.
I'd just like to buy below my SP purchase average.
Unfortunately, the SP will rise - not fall. Hate to rain on the De-Ramper's parade but you guys are out of gas.

....yesterday's close @3.28p was one of those (intended) MM slips. Should've been around 3.125p.
Anyway, PM's SP is still making positive progress. This will look a lot better come Spring/Summer 2022!
As I said a few weeks ago, I would buy big time below 2.6p. Wasn't able to do so. So I bought a bit less @2.7p - guess I should've bought more.
ATB to all LTHs!

OK guys: Throw in your last chips - this is it!