Member Info for ralph2010

Their "results" will be useless and likely lead to a SP drop. Funding for SL is the only thing that matters.........there will be no new news, just the usual BS and SP drop because people like you expect more.

I predict something like "We are working towards the funding package and encouraged by the LIOs issued so far" bla bla bla

hahaha. Heard that for the last 6 years, "thanks mm", "top up time" etc. All the way from 550p to 18p, muppets!

No, why should I sell and move on? I have already explained that my last tranche is so far under water it doesn't really matter anymore.

I would rather just have the conclusion, be it going bust, or what ever. I want to see it through. Its my choice and I can comment how I like! Just because my comments aren't sucking the balls of this company, which has failed in everything apart from a lucky 1st drill strike, doesn't mean I should "move on " and "sell", "be silent" etc!

I am lucky compared to others. But that doesn't justify in my opinion the failure of this outfit. Sam Moody and Jungles going around shortly after discovery saying "Jackpot" and "we are aiming to join the main market" etc etc.

They over heated it and should not be leaving millionaires , which they have done !!!

Well I havent made 10X on the 92p trance now have I !

Its not the point I made alot during hype and a different market.

Its the project as a whole that has failed, this funding package is passing the begging bowl around.

Will they pull it off, what if they dont ? Another hit on Oil to below $50 and this gets kicked down the road for yet more years.......

I did make very good money, 10 bagger.

That is not the point. I kept some in. This has cost $500million and it worth less than half that despite hitting a commercial field. 8 years later and nothing much is happening. Its looking like this little adventure should never have been started from a business point of view in the 1st place. They seemingly forgot you need money and will to get it out.

What if the FID is a "no" and the "Pathfinder" banks only finds a brick wall ? PMO need 2 years to sort their balance sheet as dictated by their creditors .

I can only hope someone will come in with cash and put PMO out of their misery and take over as operator .

Not an average of 92p. I bought 1 tranche at 92p, had some original shares from pre Sea Lion at 38p left in too.

Luckily , I sold most of my original stock when the PMO farm out was announced in 2012. I do recall a small jump and then the sell off began and hasn't stopped since. Everyone knew PMO had no money , they have even less now.

This has been floundering for 8+ years now and cost $500million. Joke

Wow, is that it?

Keep ramping.......seen it here many many times before. You run out of breath in the end, just like all the others......

Ovets is on ignore

GreySquirrel - Cant be bothered to explain my position, yet again. Its in my previous posts if you are bothered.
I cant understand why some are always so positive, 8years+ and counting. nobody came with any cash even when Oil was $120 a barrel.

I am not convinced with the funding package so far, still nowt on the table. How ever it does keep the BOD laughing all the way to bank with their wages. Sam is already a millionaire I should think and he hasn't produced 1 barrel ! What a joke !

You find one. I dont care.

Well perhaps that reflects what a pile of crap this has been?

Why is it mind boggling ? This has been a epic failure! Over 8 years and not a single order placed for equipment to extract.

All this funding is to me is smoke and mirrors. I still think they need a new partner, with money this time !

Still this pile of Dog$hit is dropping........

Great screw this Sam....

Losing value is what RKH is best at and has been an expert for the last 6 years!

Doubtful about the 60%. Only if the technology and infrastructure is improved by then, its miles away right now.

Tesla is looking shaky to me, Elon losing the plot. I think the current buyers are just following a fad. It could pull back again once they see what a pain it is to charge of 7 hours. Only any good for going around town at the moment.

Here we are.......

https://memegenerator.net/Skeleton-Waiting

Battery technology just isnt any where near where its needed. It would take several leaps to get us there. We need batteries that can charge in 20minutes , can hold 300 miles of travel,not weight a ton and not be to expensive.

Even then , at the moment we would still be using fuel to create the electricity. So going nuclear, but most are against this now. Cold fusion would be the end Oil, which is now considered impossible or maybe fusion which is still some way off.

I think they owe the UK reparations !

I dont think a take out is an immediate risk. If funding gets sorted the risk lowers, then it could be. But the SP would likely rise accordingly . A fair price an im up for a take out personally

Hardly a comparison to a Messiah coming, you moron!

Perfectly conceivable with a known Billion barrel at stake.

SchachMeister123 - You are assuming there will some mark down, you know what assumption is - the mother of all fups!

I found the article negative about FID by the end of this year, but it seemed to confirm Export finance was a goer, previously we had been told they had applied only. So that is positive! Its all about the funding.

Possibly a drop Monday, but may not be long lived

Another partner could also come in any day