Member Info for Rookie1

Pearls, I think it’s undervalued at this price but because we now have a limited up side (short term) it’s just not attracting any buyers atm, I’m in to deep here but you can get the same return on a co like Shell, 100% upside On the sp while still receiving a divi, or You can buy us which is a whole lot riskier for for the same returns.
Obviously in Time if we ever see $60 oil again we will be geared much better to maybe see 5x the current SP but as it stands the market seems to beleive we can just flick a switch and stop using oil as if it were a choice.

It may be a long road back to $60 but it will come, who’s going to spend hundreds of millions on exploration now? And who honestly thinks oil demand can shrink by any great percentages in the next 10 years?

Thanks for that neon, nice to hear about of positivity for the future.

You’ll get used to it mate, lol

I bought at 11.5 instead. 22p b/e now

Give it a rest SK, use your old account we won’t judge you for switching to a deramper

I have a buy order set at 10p cash. I sold my other tranches from sub 19 at around 16 so will re add them if it’s triggered. Should give me a b/e of 20p ish

I actually do understand where your coming from, I just enjoy your daily rapid responses to any positivity put forward on this board when you have absolutely no interest here at all.

No way big city dev, your guess would be the most pessimistically possible outcome possible? Now that’s not like you old pal.

AAS, very sad to hear that and I hope you get the treatment you need/deserve as quickly as possible.

Firstly I would like to apologies to all at see as I was not meaning to imply he was brain dead, I actually enjoy your posts.

Secondly, everyone has their own opinions on this ‘deadly disease’ mine is quite clear.
Mine along with many other ‘uneducated’ folk seem to be able to grasp that economic demolition brings millions of deaths with it, not thousands.
People die everyday, and my sources are actually personal friends from Darlington memorial hospital who have told me first hand how cancer patients on end of life treatment have been put down as Covid,One even a car crash.

If governments really cared about your health why do we still need privately funded company’s and charity’s leading the fight in cancer research when there’s millions of deaths a year? They have ploughed hundreds of billions into this flu virus and nothing inti cancer research and you all still really believe they car about a few statistics?

If people genuinely don’t think the media wouldnt lie to you then that is up to you.

Well if the article says the corona virus is real it must be! Just like all the cases we apparently have in the north? Still yet to hear if 1, what about the nightingale hospitals and Birmingham airport as a morgue? Happy to use it as a headline but not so happy to say they never even opened.
Anyone who still believes what the media are spouting are literally as brain dead as they come imo. When did the governments ever plough hundreds of billions into cancer treatments if they are so concerned about avoiding deaths? They don’t because they couldn’t really give a **** about deaths, it’s about control.

And this whole hype job hoax virus will be exposed. People are waking up now and seeing this controlled demolition of capitalism happening right before their eyes has a hidden agenda. Media driven scaremongering, control through fear. Worrying how long it’s taken everyone mind but at least the end is in sight.

Oscars posting history still makes me laugh, a big slice of pmo pie on that chart and nothing else. So no investments, just watches pmo to fill his days like the rest of them,Lol

Staggering the amount of people which spend their days watching a company they apparently have no interest in isn’t it.? :-) Imagine having apparently all this wealth in holdings but no life or anyone to do anything with it. Very sad.

Whoops big city dev, still waiting on your maths big man, don’t have my account shut down though, I’m just asking the question.

5.5% of 5B gives us a share price of around 28p per share? Gives us access to any future acquisitions and major backing to fund the likes of zama and sea lion( not that I can see sea lion ever getting the green light)
This deal isn’t as bad as it looks, not ideal for long term holders but anyome sub 50p could get their money back within a couple of years imo.

I just like watching you wriggle when you can’t come up with the sums dev you silly billy.

Or post the link? Seems very odd a 50% discount to comparison company’s with less debt and more production more reserves and tax advantages?

Can you break that down for us then?

Devon, please explain how you come to the 2.6 figure then please