The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Hi Manwell
thank you very much indeed for that, its really nice to hear from someone who has actually seen an oil rig. On a one to ten how confident do you feel we will get a commercial find given the gas is there, taking into account the likelihood of modern techniques and knowledge fixing the tech problems
Thank you very much Manwell and Grey Panther for your really helpful posts. Almost every other posts seem to be from just pathetic people taking up valuable space. Please post as you feel able to update on your feelings re the EWT as it is really nice to read something genuinely relevant and from people with experience.
Able to share their take. ....................Manwell................. are you still here, if so cold you share any thoughts on recent postings by Daniel Levi. Also how long you think they are likely to need to get the results.
Thank you in advance
Ready to go, excellent and informative broadcast, they have seemingly really got a interested foreign party wanting WN as danilbrokerman has suggested. They were definitely skirting round that but i think they gave us the hint it all seems good to go.
John Henry
If this well falls through then PANR will get crucified, i really dont see any other possibility as then they will have been wrong on the Billion Dollar Polk and Tyler, as well as this one. I hold a lot of these so i am clearly hoping for a very good result but i prefer being realistic as these markets, ie the Covid markets are very thinly traded and very unforgiving.
Out of interest how do you see PANR share price reacting if this well is a disaster? Since that was the question from another poster that i was answering? I am interested in your answer.
I had posted saying that the continual criticism of Persimmon was completely unwarranted because he usually gives facts and then follows with opinions. my comment that Selfishmcnimby was trying to isolate Persi by simply being rude was pretty childish. I had pointed out that Persi so far has the perfect right to post, not least because so far his views have been right.
Little people have little opinions i guess. Reabold are due a Q and A session next week, then we can hear if there is any real news.
My own take, and i have been following and trading and also holding a core amount of PANR for several years is that we could possibly hit as a spike the 185 figure we got to before. Ime not sure i would wait for that, my preference being to take profits earlier than the crowd, but if a disaster then its going to be very bloody. 10 months ago we were at 7p. After that we held around the 12 p level for about 4 months before starting the rise to 48p which took 3 months. This rise was based on the speculation for this drill.
My guess, and its only that, is the share price would get pretty traumatised and fall to the 12p level. It may take a few days but a lot of holders wold want out as the main story for being here would be over.
In the best case i would think we could get the 185, but it would have to be good, very good, and then a lot of shares would be vulnerable to profit taking. For a two year hold of course it would be different, then you have to allow for £3 plus per share, but again the story would have to be very very good. No ifs or buts, especially as PANR has got a bad track history for shareholders unless they baled out very rapidly on the first bit of good news because after that it was pure 'orrible.
I should add to the below comments that Government will be banging the drum non-stop in my opinion as they are not just able to say how many jobs they will be creating but also how much investment they are making in the Northern Territory infrastructure as well as fuel security for the NT. All vote grabbing headlines.
Is always sweet, this well looks like its one of those that gets bigger as time goes by with each subsequent test. Many thanks to date for Hydrogen with your really good recent comments.
Not long to wait now, and i do agree that the Government attitude in all the Beetaloo interest has been of the best level. Even the insistence for the Pepper report is to our great benefit as she made sure all the questions that were likely to arise, did, and were then answered. If you remember there was the occasion when a group of Indigenous people were railroaded into giving their support, when it came out with a recording of the harassment the so called Social Impact Analysis team had given the group of people, pepper ordered a complete re-run. This program, ie the Beetaloo has been under intense scrutiny, now the Government want to bang in a load of money AND accelerate the work schedules. FOG is in a real sweet spot, the price is still crap as its all way way below the radar but the newspaper articles on the Government assistance alone will undoubtedly bring in a much better investment interest. I bought some more this morning when the price dropped back and now have two hundred and fifty thousand.
The government are going to look a bit sheepish if this doesnt come in. Everything is pointing to a good success here
not long to go now after all these years waiting. If we do get a good result the Govt are going to fall over backwards to help, even if we miss it with this one we should still get a stonking hand out according to the press releases.
all sides in my opinion. Certainly i dont think its good tactics to diss those who have another view Longfog. Having traded for 40 years or so i can assure you that every now and then money making information comes in from the least likely sources. If you have pixxed them all off, you stand to be the loser not them.
I would like to repeat JPs thanks to you for your hard work. On these threads everyone has some area of expertise and when they choose to share it with other like you have done its really nice as we can then all follow events and progress much better. An alternative site where images etc could be posted would be great, the trouble is so many sites simply have a number of posters who absolutely ruin the threads for everyone else by totally stupid posting, especially advf. Cant have it all i guess, but your links posted do allow us to follow up your brilliant sleuthing. Many thanks again to you all but especially to you Hydrogen.