Member Info for philpot1001

AIM is bonkers Mark, you can be down 10% a day easily....then all of a sudden up 50% in a day, its like the pinball of shares. This share is unloved for sure, my guess is a lot of PI's bombed out at a loss over the past year and are loathe to touch it again......however when the figures come in from the interims and thereafter and if its proven the be a profit maker, I think the sentiment should change. All IMO of course

I added another small tranche at 7.6p, if we get a dividend equal to last years, that gives me an average of 10p. Still got another grand left from the lot I sold before, but ill only use that if it goes into the 6's.....hopefully I wont get the chance!

something seems to have stirred the market

Anyone else noted the repeated sells at circa 2100 quid? Coincidence ? Maybe a bit conspiracy theory, but almost like someone's trying to beat the SP down..... dunno maybe I've been here too long and seeing things.

SP down again today..... at what point will Patterson be booted down the road?

PS panoros flow rate in Gabon must be huge to have an OPEX of 10 bucks! No wonder they are getting annoyed with the AJE development. They obviously know what they are doing , hopefully they can use their expertise to crank up the taps at AJE

Amen Kentan.... to be fair our hands are tied on the OPEX front a little until the volumes increase, but the informative RNS rather than a 1 liner which could have been written by a teenager is a shining example of our issues here

Once they get AJE6 operating, if POO is still high this should REALLY motor, I think the gas tapping should occur fairly swiftly after that too derisking the operations reliance on crude prices.

I'm hoping once the accounts start showing profit the SP will bounce, unfortunately it's unlikely to be the figures released in June IMO as they are back dated Dec 16-17 and POO was so low. I do expect interims in Sept (Dec17-July 18) to show profit though, and whilst it may get plugged back into AJE , profits profit and the reinvestment will accrue more earnings.

Welcome Mark, hopefully you get a quicker turn around than most of us have had to deal with. I still have high hopes for the business..... but less and less hope for our CEO every day.

well Brent is nearly kissing 80 dollars now (79.5), so both PEN and MXO are creaming it.

:-D

*EDIT failed to turn around. Bloody phone

I think GP has been given a fair crack of the whip after the Italian scandal, and has simply failed 10th turn the momentum back upwards. For me i would prefer to see the back of him

cheers Rugs

No shock there JK they haven't given us meaningful info on Norpalm in months..... well actually EVER thinking about it! Makes the statements of hopefully closing the situation out by Jan 2018 even more laughable

How are the major investors not kicking his ass? If I had millions invested here above 1p I'd be on the phone daily to him kicking off.

That's where we should be with crude so high, but the buck stops with one person only I'm afraid..step forward our magical CEO.

Is back above 78 bucks... Extract from BBC Business Live: "Oil stockpiles have plummeted, according to Opec. The oil producers' cartel's latest figures for March show oil inventories for the month are just 9 million barrels above the five-year average, down from 340 million in January last year. In January last year, Opec agreed a deal with its members as well as non-Opec producers, led by Russia, to cut production"

I do think SO should have a good look at the Panoro methods for results, investor relations and information cascading. It's not perfect, but is a million times better than MXO