Member Info for persimmon

This little baby has more gas in its tank.

Remember Romania. people have written off IMIC-1. The pressure build up may have been better than many expect. IMIC-2 due to spud this month and the Tamaska situation need clarifying. Did they break contract? Reparation?

B.H........Please keep up to date. Tamaska ceased trading (temporary) on the market 16th September.
Ever heard that saying 'you cannot get blood out of a stone'.
Reparations...lol

To be posted on Companies House site next week

02 Oct 2020 Resolutions
Resolution of removal of pre-emption rights
Resolution of authority to purchase a number of shares
Resolution of allotment of securities
This document is being processed and will be available in 5 days.

Rubey...If you think you're not far out with the prices then I'm pleased you are not in charge of my portfolio.

My posts can be factually checked on other sites than this if Wilson83 wants to. In fact I would ask him to, as for yours well...........................

Wilson83....Regarding moving over from ukog you have made the right call.

"Assuming my calculations are right, if the sp follows the same pattern that it did before and during drilling WNA-2, it will be 1p by spud (mid September?) and 1.2p before drill results (late October?). Good drill results - surely 2p. Good test results - 5p plus"?
1.8p by Xmas...ba humbug!
Wison83.........the above is an extract from a post from last month by guess who...yes correct, by Rubey the Great Ramper on RBD!
DYOR and due diligence that's all I ask.

B.H....Yes it's ironic that the Bashers bible and Californian oil wells are both American creations. I had a laugh I admit, and can see why some on here like you and G.P think that some of the so called signs apply to me.; they do, but not many, and then only by default. I would like to think that what I post is constructive criticism where it is due, and not just for personal gain. Remember quite a few 'newbies' on this blog are akin to moths being drawn to a bright light. These 'moths' need to see both the Rampers versus other's comments, and be advised to do in-depth research on companies they are looking at investing in. Some companies need more research undertaken on them than others, as I am sure you will agree.
To think that there will be an early RNS this year regarding the outcome of the W>N project is delusional in my view. But hey ho we will soon know who is correct!

B.H.......I guess you like all the companies and investors in Californian oil fields are desperately hoping for a Trump win in the upcoming U.S Presidential elections. An Uncle Joe win and it's green fields everywhere, with wind farms replacing nodding donkeys. I think a dilemma for many who have a vote.
VOTE TRUMP X

"Completion is expected to take six to ten weeks. Once completed, the drilling rig will be demobilised from the site over a period of approximately one week".

Between New Year and Easter before any results will be known, and that's without any 'hiccups' along the way!

What may we expect (or not}
1 The interim statement RNS will probably be released by next weekend and possibly this.
2 That the continuation of no stock being sold by the major Institutional Investors will continue (only swapping and lending).
3 The company may state something along the following lines:
'Whilst we are aware of significant interest in our products, and more recently enhanced by Covid-19 many prospective clients have yet to place firm orders'.
N.B The above would dampen any significant upwards movement of the s.p which the company may not want at this time.
4 The share price movement will see-saw in the short term between 26-30p.
5 There will be no mention of any potential buy-out or joint venture. In my opinion T.B will always want to be in total control of any business he is involved with.

* If Para 3 projection is wrong then the possibility of this along the lines of this alternative remains:
'Although the company has moderate cash reserves, the recent significant movement both in interest and actual firm orders may have a negative impact on our cash flow situation in the short term. This situation may arise due to the potential time line drag between the payment of our suppliers and receipt of monies from invoiced goods. We are monitoring this situation on a regular basis.
N.B This possibility of a cash raise through a placing. Any placing could also be to the benefit of the I.I's alone at a 'reasonable' price, the downside being the dilution through such an action to private investors. Bear in mind the I.I's have direct access to T.B and the board. Forget mentioning any 'insider trading' here. This is AIM.

The above is only my best guess at what may be in the short term pipeline.
Persimmon.

B.H. Are you still unsure as to whether man landed on the moon?

Rubey. You may already know this, and if so I apologise, but having been in business myself and seeing how many directors operate let us just say this. If there are any signs of significant losses on the horizon, and bear in mind they will will be the first to know how things are developing, they are uniquely able to make a personal accommodation that is not available to others.

With what is appearing of major lock downs for millions across the U.K, perhaps for many months this is one sector that will thrive. I expect that £1 per share is not far away.

A great well run company with tremendous prospects. When (not if) it gets full FDA clearance it may well become a fertile battleground for a take over by the large Pharma companies.

should read " all letters from paid up members of the MP's party"

Take it from me any letters are first scrutinised by the MP's secretary first. All letters from members of the MP's constituency will be seen by the MP. Others will be passed to him/her upon the discretion of the secretary. Personally speaking unless you are known personally to the M.P it will be a waste of time.

I like nothing better than a good old belly laugh to finish off the trading week. Thank you J.P

B.H.....I would not worry too much Parta, Colter and Cali and even W.N for that matter. We all know that the dynamic duo will soon have other 'irons in the fire' that will certainly be pulled out before the W.N results are known. That is just a mitigating ploy in case it isn't as good as hoped, will only be treading the same path as a multitude of other small O & G companies have before to 'keep the kettle boiling'.

My thoughts are there are plenty of other companies out there where there is more to gain over the next few months.
RBD share price is going nowhere until early next year at the earliest. You heard it here first (he says reaching for the crash helmet). Still better than the D.B outfit however.
OMO as always.