Member Info for pijoe1212

evening missdosh

ever wondered why he did not put PMG in his bucket list (would be 1st or 2nd depending how you measure it)?

no pies i think from tom c

was bancos1 always posting negative unjustified twaddle?

i enjoy reading negative posts with some element of justification of view. i can then consider and review and if warranted respond or mentally file as downside risk (step forward Ralph!). but bancos1 has a take on life i find bizarre. perhaps he has lost a fortune in rkh..

xel went bust as they had debt they could not service. it really is as simple as that.

it was nothing to do with infrastructure or location. bentley will likely get developed in due course.

i find it somewhat mind blowing that anyone can think rkh and xel have anything of real similarity. XEL took on debt to fund appraisal drilling and testing. they have no means of repayment of the debt. so to me it was blind hope of development or bust. of course it was bust. all the tech matters of heavy oil etc or the placement of LOI's are completely secondary to the fact they had no means of debt repayment.

rkh have not taken on debt and sit with cash.

(bancos1 - i assume post fid you will be posting about fpso's sinking / recent developments of exocet missile ranges etc? )

Gogsy. Pls do correct me if I am wrong but dealing with the h2s requires amine stripping and likely requires feed heating. The Amine tower will be a lump but not something that can not be fitted into most platforms. I believe the feedheater capacity is available. I must admit I do not know what gas oil ratio is and extent of platform changes required to accommodate (seperator and compression trains). Worth noting the current oil throughput is sour anyway.
All normal stuff for many offshore oil tie in scheme

Is it not a pre-condition to getting selection as a candidate? Or is that UKIP?

I don’t filter many...but so far Bancos has added nothing to my understanding of the Rkh investment case And is just posting irritating non-comments. I feel the need to use the filter...

Gogsy. Point about 1bnbls in place is not the same as recoverable is accepted.
What do you see as the engineering problems? H2s related or others as well ( I do understand topside engineering btw

one can take a simple view (and many do) and value the 2p @ $5 /bl and the 2C @ $1.5/bl. so i make that $342M or about £260M. with just under 100M shares i will leave others to post the answer! (and anyone who needs a calculator should not be investing!). dont forget to add the cash and fpm investment also...

tom has bought assets (2p & 2C) at very low prices. it is the price paid that goes onto the BS. the potential ( or true value depending on ones view of likely development) is far higher. so the fundamental is that pmg have significant asset value and in my view far beyond the BS value.

Put it on itv..no linleker.. we loose..what’s not to get? What a shame..so close..but short itv in morning?

Riat in full swing...me plane spotter for a week ( again). Ac130 flapping about so assume airfarce one due into local long runway shortly..

Riat in full swing...me plane spotter for a week ( again). Ac130 flapping about so assume airfarce one due into local long runway shortly..

How can you put any % to a black swan event? By its very nature it has nil likelihood except in hindsight!

Would be good on several fronts...

I agree DM /Statoil/ oil price drop...join the dots as some say...pls to hear plenty of ships out west.

Football ain’t coming home to this place soon. Still nice place to be. What a place to be, so long as one does not need cash.

new record - 35 of 42 deleted.........this BB is unreal!

yep stroppy it is (a few worried by dspp/ TLF posts?). shame so few here understand what is proven fact and what is hoped for outcomes...are peeps for real posting they trust big dave..?!!!

morning boyzee. i see peeps still confused about portland V kimm and the facts stated in the CPR....i strongly suspect it will be a recurring theme here..