Member Info for Ojay

have n*ts. But those who have, certainly got their fair share of pain.

Clearly, if PM is unable to extract oil from Heron 1 this year (don't understand why that shouldn't be possible!!!) the PM story will drag on to next year(!) which means exactly what you say: No reason to rush.

At least I now know you have no idea what a fire sale is.

How I hate this!

but it looks like we just got our a*ses kicked.
You really wonder why the heck everything always goes against the PIs!

SYF: Of course nobody likes the red numbers. But we've got to stick with the "big picture" (which is exceptional) and not worry about individual trading days.
ATB

mike: The last time I topped up was when the SP was @2.45p. If the SP actually gets down to that level again - which I can hardly imagine - then I would be willing to pitch in again big time.
As several posters have already pointed out there's hardly anything which could present an obstacle on the way up to high double digits. Clearly, as we've experienced everything takes a bit longer in Mongolia. I would've liked to hear/see that PM would start extracting oil from Heron this year. Oh well, until now it looks pretty much like it will be next year.

Hamm: You make everybody's day!

and we are back to square on - or even worse - but I guess you can't argue with the market. As I said in my previous post: There aren't a lot of investors who actually understand what's going on.
I guess these people are used to losing money on their investments.

Absolutely!
The key term here is the one I've been mentioning time and again on this board: REVENUE GENERATION!
When the PM "believers" jumped ship in 2010/2011 and in 2017 the time has come that PM really need to start providing numbers to back up all the wonderful stuff that is yet to happen.
Once those (revenue) numbers show in that direction, this will be a piece of cake.
ATB

the short termers ****ting bricks and the chickens afraid of losing their 5-10% gains. Those are the ones making this looking like a fire sale. Far from!
Mantasz and D1nger (thank you!) know exactly what the underlying value of this company is and where it is ultimately heading for. Unfortunatley, not very many investors listen to them. They may (and should) want to reconsider.
ATB

I really hope you're right Manro - but I do have the doubts I've already mentioned (at least for the the next trading day).

The Share Price at the end of this trading day is 6.9p (and not 7.20). I don't understand what this is good for.
Why? Because tomorrow (or rather Monday) trading will be starting in the red! Does that make sense (after a 2.13% rise) to anyone?
The only thing which could change that is an RNS elaborating on a JV with PetroChina (or whoever) on very favorable terms to PM.
Theses kind of shenanigans make me feel sick. Sorry.
ATB to all.

cashrules: Correct. An oversight on my end - apologies.

Those were hardly sells. The sell trading prices were all around or less than 7p at the time and best selling price the whole day was 7.07p.

With PM it's usually the other way around.
ATB

10p by August - now that is something to look forward to!
PM's SP should be far beyond that even now. We LTHs have been practicing patience for years now. Time to stop being modest.

That's how the cookie crumbles...take it like a man - who's invested in an AIM company!

Why - who the h*ll knows. My assumptions:

1. Word has not (yet) reached every investor corner around the globe.
2. Oil revenues this year or next?
3. Distrust regarding the speed of Heron exploitation given the experience with Mongolian government authorities
4. Funding options not yet defined - JV not yet in place.

I guess the EL per se did not do the trick. But once again: At this point there is hardly a question of "if" revenues will be flowing. Unclear at this time is only WHEN the revenues will start flowing and at what price?

As a LTH I have no doubt that holding my shares is the best thing to do at this time.
Congrats for holding on! ATB to all LTHs!

What?

b/p: I'm sure nobody really cares - but thx anyway.