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Beware of people who have never commented on the share before, arriving to tell everybody itās a pump and dump. This is clearly not a pump and dump situation, a report by an independent company tells us PANR have found up to nearly a billion barrels of recoverable oil. Thatās huge news.
Yes Jiddy I have been invested here for a while now, like a lot I have had to invest more than I wanted to but I needed to bring my average down, which is now at 7p ish. Should come good soon as long as AM does not f it up again. Worst Bond deal I have ever seen!!
All those numbers and that's without taking into account CO2 capture which is worth a fortune on its own. When this takes off it will move very quickly. First things first I want those bond holders gone, they have been k.lling us for far too long.
Itās a good idea Peaky and many companies do it. I have attended 4 such events in the past and whilst the company obviously cannot give you new news without RNS first, it does allow you to meet face to face with the people spending your money and allow you ask questions. I would attend, but please no back rooms in pubs.
FF if you think $3 a barrel in the ground is unrealistic then look at Oil Search who in 2017 bought a 50% stake in the Pikka oilfield in Alaska for $3 barrel in the ground at a time when oil was just over $50 a barrel. Totally undeveloped field with 600m barrels and absolutely miles from any infrastructure. With oil at $75 odd dollars and close to infrastructure with year round drilling possible (not this last year) and the chance to store CO2 at 85$ a ton then yes $3 a barrel in the ground is achievable.
Ff you just shot your own argument down. You say we wonāt 100 bag and then state we have a billion barrels of oil in the ground. Sell the billion barrels at $3 in the ground and you have reached the 100 bag. Then there is the carbon capture worth $85 per ton to take into count. 100 bag easy if they get this right.
Good work Stas I feel an awful lot of people have no idea how much carbon storage could be worth to the company. The oil is worth a lot but the carbon capture could be worth even more. When you think of all the different variables it's no wonder this JV is taking as much time as it is. If AM does not get this JV right we could lose out on a ton of money so I have no problem in waiting, as long as he gets it right. Its also allowed us all if we have the money to stock up on shares and lower averages, the potential is huge from where the SP currently sits.
Agreed Harry tried to buy a couple of grands worth but would not let me. Eventually after 10 mins of trying I got Ā£250 absolutely ridiculous how this mob are allowed to get away with what they are doing and have been doing for months now.
Finwittrader why make a statement like you just have when you have absolutely no clue what is going to happen in the next few weeks. You make out like it's a fact when its just sheer guess work, it's just as likely that a JV will be signed but we don't know. I despair of you lot.
This really should be a huge rise today but the crooks MM have been playing with this stock for months so I expect they will try to make sure any mates that are short are able to get out at a good rate. So donāt be suprised if this takes a while to lift off eg days.