Member Info for PIface

Good results. Million dollar profit vs loss last year of same.

I was looking for a director summary or statement can not see one, would help. Now needs to tweet or interview.

Imagine fair chunk of profit used to service debt or expand operations.

Capital expenditure does not affect net profit but revenue expenditure is in the calculation.

Still always 6x the price in Poland lets hope for the rerate soon for more like parity. Meet in middle is fine, ha.

90m cash. 80m net profit, 25pc of which achieved in last 2 months. 70p per share in tangible assets nearly. Dividend paying.

Strong.

I do believe the upside is 17.8 tcf plus 400mn barrels but the cos is only 35pc. So x2 .5 divide by 3 maybe c 10pc maybe up to 80pc but doubt it reads like 20pc but maybe 40pc not clear.

Looks good and that turkey asset is huge if successful. Not sure why suspended or why not much more fervour on the boards.

Strong cash position, know what they are doing, gas outlook great. Assets ready to produce in Thailand from distressed seller.

Long and strong here, because they wont let me slice.

Ha no it could go again today after churn reckon it is mostly slicing now. Will likely rise again coming months.

Lets hope they don't all get food poisoning at the chinese the night before or wrist sprains from chopstick use.

Still, 13p in poland and european gas.

They should also drill for gas that's had a run up too. Maybe mention uranium and REE to get investors in a frenzy.

To who ever got the trade today in a suspended share.

Who is your broker?

Pumped for the restart.

Took some again when they appeared first time. Think this young company has a strong future.

Mr.Investment

Posts: 2,207

Price: 0.1975

No Opinion

RE: Quarterly reportTue 09:19
Looks like another 10,000,000 chucked at 0.1956 ready for the placing. A very easy 10-20% for the IIs who pick them back up again at 0.16-0.18p.

Those forward sellers from yesterday selling 10m at a time. They are going to have to change their insiders to get better info. How upsetting.

It was at a premium and adds fund so there is no true dilution. Not even any warrants. Mainly one investor.

Novum probably begged for some or complained. We just have to hope refrac is on schedule now or something happens deal wise before then to spice it up further.

TBH it was .19 before production restarted so .23 would have been much fairer I think and probably what Roland felt and was gunning for but market conditions and deramping and games probably didn't help.

Still a respectable deal and looking well undervalued against peers. Even before the production ramps up or other projects kick in. A genuine recovery in play.

Small premium to close. No warrants.

Lth edged it and it's good news.

The RNS in December did appear to say drilling had started too.

This was one of my picks for the year but it does seem to have slowed down I even thought results might be close but it's just a drill plan. Directors seem like they go off it and get distracted by crypto etc just like they chase anything at the time that seems like they can spin money out of it. I would like to be holding some soon though if it got a wind behind it.

Usually the whole thread disappears not just a post.

Nothing in here of much worth written for quite a few days.

Roll on placing save us all from people that constantly need to tell people they are wisely waiting or misinterpret the trades board to their incessant deramping.

Yawn.

Its definitely more that than TW, but last reiteration was a week ago and not new. Its defo the mail because my father in law asked me to buy some for him and handed me the article.

If its a great rns friday 3.30 b4 a bank holiday not really the time for it. It's not been over 8 ever. If it goes over 10 this week i've obviously missed something but GLA. I used to hold but forgotten most of the story. I feel OMI will 3 bag by lunchtime though.

Tipped in mail on weekend. Normal spike.

Its .1g a tonne its high enough to be encouraging depending on what type of deposit it might be and with many pathfinder minerals on fresh ground.

Other shares have had premium placings this week so it is possible. Also if its not a forced placing or with warrants and fits strategy of others could happen. Any ii is likely to have some level of info not in public domain too it is almost inevitable they will get director hints. It's not that odd to announce funding requirements but a bit odd to admit to a placing just before one. Makes me think there are aces in the sleeve or high confidence. I think more than in most situations it is clear the co is undervalued so that could help, or someone may want a cheap stake leading into a possible. We shall see. Production has restarted after 3 or 4 years legal wranglings so progress is strong under the new management. 1 tcf is a large potential resource and scope for more work in India or the UK.