Member Info for philpot1001

Prior to the panoro fiasco this was consistently floating between 1-1.5p, you would have to assume now it's been sorted were headed to over 1p soon.

Also regarding post CPR SP, depends where the SP is prior to the CPR! If its up at 1.5p without, could be seeing 2.0 to 2.5p plus with a good CPR! Yikez! Wishing I'd attempted a chinese style buy at 0.50p now lol

Looks like we're back to 0.8p ask, come on, big push to 0.9p

I guess that depends on the details of the CPR and estimates contained .... I think my guess work on the immediate post CPR SP are slightly more conservative than yours, but 1.5p should be doable, maybe even 2p..... hopefully I'm wrong and it slingsots to 4p :-D

yeah I take back my comments about volume, looks like its ticking along now

Volumes low though tooold, frustrating but that's AIM life ;). It'll settle around this SP for a while until real data or news comes out IMO

To be fair Cat I dont think anyone here seriously thinks TT is looking to buy here at any price lol, quite what his motives are are unclear. I personally have suspicions about Norpalm links, but who knows i could be way off. Whatever the motives are, it's simply part and parcel of forums that at some point you will have negative naysayers / derampers, he's entitled to portray his opinion ... provided it's based on fact and not conjecture. But similarly we are entitled to argue against it. And he's obviously a knowledgeable guy so Theres always something to be learned in the noise.

holy moly! nearly 69 dollars a barrel........cant believe this SP isn't sky rocketing.

Fastfood the same thought crossed my mind about selling and looking for a dip, however like you I didn't want to risk it..... I can guarantee if I had sold it would shoot to 1.5p. I'm sticking with patience

Is now the highest it's been for 2.5 years due to unrest in Iran.

My point was specifically regarding the comment about volatility, which as far as I cant tell has only occurred in a single quarter so far, and im interpreting your comment as an extrapolation from a single quarter � effectively a single data point. Not that im saying there isn�t potentially an issue here (maybe there is, maybe there isn�t), just that statements based on a single data point are premature. As for your comment about putting money into the ground, it�s a fair one with merits, we all discussed it here at the time, but bear in mind they are also doing that on other fronts at the same time, so its not like that�s being omitted. Albeit on a longer term strategy.

True enough Boyo..... we are all waiting with baited breath!! .... I'm not holding my breath though as my lungs aren't big enough to last

I think statements about poor management due to dividend payments is premature.... we've had a single poor quarte! In a quarter thats minimal contribution .... in El Nino affected year! Let's get perspective! If come late 2018 / 2019 it's still been dire then yeah maybe fair comment

I would agree 8p is possible, then again any surprise upside to the Q4 and 11p is possible near term.... further down the line in 2018 if the crops recover and we get back to the record productions we've been used to here 13p is possible. All if buts maybe's, time will tell I guess. Regarding Norpalm your position TT is very clear on the buy out.... quite what the markets position on it is, is not so clear.. I myself am on the fence, but would like it done and dusted - carefully lol. PS I have no evidence about shorting, I've never done it myself, I'm merely alluding to it's possibility.

Not only is a poor Q4 expected, it's is also well known Q4 contibutes naff all to the annual figures anyway, and talk of a 30% SP drop as a consequence of Q4 figs seems over egged to me. Q1 and Q2 are where it's at. Talk of poor management as they have had 1 poor quarter (potentially 2) during an El Nino affected year is also a bit drama queen. If you're going to pick on them for anything then the misleading interim statements are a fair target, but that's about it to my mind.

Could really do with the Norpalm position clarifying soon though, the fact they have over ran may be spooking investors as well.

TT we have been informed all the major institution holders have kept their holdings incl biopalm, so no insider dealings here I'm afraid .... PI's getting skittish, or PI shorters "potentially" possible. Whatever floats their boat, ill let them to the work for me, lower the SP into my buy range and snaffle some up if it gets there . Yeah Q4 may not be great, but who's expecting great numbers? No one.... that's fairly well priced in, seasons are temporary and next year's a whole different ball game.

* EDIT break through 1300p

Has risen nicely since early Dec, looking like a bit of a struggle to real through 1300p, same as last time , no big surprise there I guess with low lying profit takers . Last time when it broke free seemed to make 1330p the next base camp.... here's hoping

What this SP needs is some meaningful information from SO, not from Panoro! Anything! Flow rates, OPEX, gas CPR.... Anything! As far as I can tell he's now run out of excuses for not delivering this info