Member Info for peronifund

looking forwards to a rerate when it finally comes , lots of green boxes today, assume they are having one last push . GLA genuine holders . that billion barrel find hasn't gone away .

Like I say lowball would be upwards of 100 mill surely - MC currently 18 mill . 2 -3 months ago £1 per share was "nailed on "LOL !!!!!!!

would have to be serious smoke and mirrors - no tr1's so nobody above 3% .

Bolton - putting it into perspective 10% of that will mean circa 4 bags from current levels

the low sp has certainly managed expectations , but you would like to think with the right news there's multibags from here surely? - I actually don't know what I'd be happy with anymore ! (lets start with getting out unscathed ) . I believe someone is collecting at these levels , buys in have massively outweighed sells recently - no tr1's though

I must say, it does sound like a good fit .

even a teeny bit of green

suspect there's a large order gonna show delayed , we seem to be picking up steam

usual pattern , whilst doomsters predicting the end of the wold , someone is loading up ...... from the hands of the weak to the hands of the strong or summat like that

I was hoping for that a month ago ! not beyond the realms I suppose

That is a really poor post John . i'm interest to know why it makes you chuckle though ?

1 billion barrels , thats not going away let that sink in

I get that John , I got excited by the presentation q3 last year and thought we were already at 2000bopd and could take off , clearly not, however with everything coming back on line, the reworked wells etc we should smash through it , SP and market cap are crazy low for the assets and the potential - I do agree that past performance has hurt us , but NOTHING is priced in for the future or the assets .

Short term liquidity problems soon to be sorted, production bouncing back after shutdowns , spring / early summer will see upwards of 2000 bopd , then add the wells being worked over , 2600-2800 bopd minimum . Pretty much all negatives priced in imho . Oh, and then there's a billion + barrels , nearly forgot

It does seem like short term worries are being sorted , and things starting to look positive .

I'm in for a few - looks good value and gone unoticed of late

quite important IMHO ! read between the lines

No Reason why we shouldn't be back there when funding is confirmed . What Price on JV or takeover however !

Bladderman - I would like a lot more than 40% from these levels !!!!

hope so . Everyones expectations have been battered - £1 by xmas now seems particularly unfunny !! GLA genuine holders, I hope we can come out of this positively . I hope we are close.