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Having seen my �15K profit cut to about �8K in 3 days I have gone back into cash until the SM madness is over.- PMO was my best investment this year but I think the big Hedge Funds and market mafia shorters have the whip hand at the mo and will not let up until they have sqeezed every last penny they can get out of the present world wide SM crash GL all with your own plans

HFX giving 111 and 112p - might sell out today if this goes on

Now that was a bad decision - bought for about �300 million two years ago - surely the assets are worth millions - although high pension costs and debt may have counted to wipe out any final value. A sign of the times ! Regards all and GL today - Bank Holiday Monday so we will be protected for 3 days to let the business world recover a bit

SK - it is no good any of us trying to apply logic to the performance of SPs in the SM - the main things driving daily SPs are fear and greed - and fear has been in the driving seat for the last 3 days - the biggest fear is that the most powerful man in the world - Donald Trump - is mentally unstable and his malign influence is crashing SMs world wide - it is not just the LSE that is being hit ! A pity that the oil sector is being brought down by panic selling of shares by big and small investors but eventually they will run out of shares to sell and the brokers and big investors will want to push up the SPs to make their profits on cheaply bought shares. Every day we see spectacular gains in SPs driven by mass buying of the shares - often based on only rumour - the classic "pump and dump" So hopefully we will see today a return of investors buying these relatively cheap PMO shares and the SP will rise - my SP average is 85P and if we hit that I will sell out to preserve cash and wait for sanity to return to the SMs. I tell my wife that "in a country that has more guns than people I am amazed that DT has not been bumped off yet - the US Secret Service must be frantic trying to protect this unstable President" The mad mullahs in Tehran call America "The Great Satan" and point to the massive gun crime - drug taking - alcoholism - perverted sex and prostitution and intense poverty of 25% of the population. In this country 20% of our population (13 million) live at or below the poverty line whilst brainless politicians give away �13 billion every year in Foreign Aid - 60% of which goes to corrupt or criminal people - we even pay indirectly to support international terrorism - but our pathetic PM says she will NOT cut Foreign Aid - when we need �10 billion to fix potholes in the road and the NHS is in financial crisis !!! We live in a crazy world run bu lunatic politicians IMO. Regards and GL today

TCF - I had a big struggle to buy large amounts of shares with HFX - had to break down the buys into 2 or 3 bits - I will not do NT - I prefer to see the SP and decide for myself - not leave it to a broker who is keen to make his money on the day trading ! I see Trump has given the Israelis the latest F35 stealth fighter bombers and they have already used them on Iranians in Syria and on anyone else they think is a threat to their future existence ! I cannot believe the stupidity of our PM Mayday - we do very little trade with Iran and she has lined herself up with Merkel and Macron and Iran in opposition to the USA, Trump has retaliated by threatening a 25% import tax on EU cars and lorries which will hit the EU very hard. He has also not extended the Steel and Aluminium postponement of import taxes of 25% and 10%. He is also looking hard at NATO funding - the USA pays about 70% of NATO costs and Germany pays very little - about one quarter of the UK payments. I can see Trump saying "OK youse guys we saved you in 1917 and 1941 by joining your nasty little wars and the US Marshall aid after WW2 pumped trillions of dollars into rebuilding the devastated countries attacked by Germany and Japan and also paid to rebuild Germany and Japan so now we will withdraw our "military umbrella" and you can all pay for your own defence !" The USA is now the only world super power and Trump is the most powerful dictator in the world - best to keep on the right side of the crazy megalomaniac - even let him win a few golf matches - LOL Keep riding the bucking broncho - all will come good in a few months and years ! Regards

bought another �25K at about 116p - looking good for when the market manipulators have finished trashing oil companies - we are down now about 20% from our peak of a few days ago - you get the same penalty for drilling a dry well !!! Sooner or later the SP will be back up to 136p (the recent peak so it is worth waiting for) Regards all

gige - my broker is really rubbish - I do it myself on line !!! As the old saying goes "He who treats himself when ill has a fool for a doctor !" SP looking good again today Regards

hydra - you did not get off the BB so I gave the �100 I was going to give you to a Charity for Cats - seemed like the purrfect place for it ! I will now paws to consider more buying of PMO at fur prices and then hope to live long enough to tell the tail !! I had a little side bet yesterday for �5K at 2.05p on BBSN and sold this morning for a �1K profit - so I am not too bothered if PMO SP drifts sideways for a while - next milestone - barring more Trump raving - is either BOJO news on the FI which will kick start Sea Lion - or 12 July Trading Update which should bring a rising SP. Did I see that PMO has bid for more North Sea areas - abandoned wells et al from the big oilies which can now be pumped again with modern technology to bring out a lot more oil ?? I still think the golden years for PMO will be from late 2019 to 2022 with massive paydown of debt freeing off funds for Tolmount gas and Zama oil - ZAMA is a bigger oil field in more friendly territory than the FI.and in shallow waters close to Mexico and USA coasts for support and offload of oil. Regards all and GL with you own plans

As a new investor �5K at 2.07p - I am waving a white flag for peace in our time. I have been gambling on the stock market for 50 years now and have always accepted that losses can come unexpectedly for many reasons. I was watching the screen when the news came through of the Japanese earthquake and Tsunami and then the Fukushima nuclear meltdown which was out of control. World wide SMs crashed in a big way as the world contemplated a nuclear Armaggedon end to large parts of the world. Nothing is certain in the SM except fear and greed driving SPs - spectacular gains and losses are made daily - I always tell myself "do not be too greedy - set a 10 or 20% profit target then sell ASAP" Whenever I ignore that good advice I end up losing big time. All just my own thoughts GL all today with your own plans

Gate13Boy - I am 25% Irish so have an interest in the future of Ireland - in 1922 when our PM Lloyd George signed the peace treaty with the IRA leader Michael Collins it was agreed that a temporary partition between the Protestant dominated North and Catholic dominated South of Ireland would be put in place - The new Irish Free State would remain in the British Empire as a self-governing Dominion - similar to Canada Australia and New Zealand. Once the dust had settled it was intended to re-unite Ireland as a democratic Dominion. This has never happened but now is an ideal opportunity to re-unite just under 2 million Northern Irish and 4 million Southern Irish and this would solve the "hard border" problem which is derailing the BREXIT talks. 80% of NI voted REMAIN in the same way 80% of the Scots 5 million also voted REMAIN. To put it in context the population of the Greater London area is about 10 million - I voted LEAVE and do not see why 59 million English and Welsh people should be stymied by less than 1 million intransigent Irish who are still daily showing prejudices built up over the last 600 years ! They said N and S Vietnam could never re-unite but they did - they said E and W Germany could never re-unite - but they did. They said that Germany could never set up a 4th Reich to dominate Europe - but they have - the EU ! so called experts are wrong on 90% of occasions ! I would vote to re-unite Ireland Regards

All indices are in the red today and mega losses on oil gas and mining - the power of twitter in the hands of Trump. When he visits the UK in July he may well get lynched by the mob ! Hopefully the SP`s across the boards that are well in the red will pick up a bit before close of play - if not "Tomorrow IS another day !" Regards all

ralph2010 - perhaps we should give the FI to the Argies as soon as all the Spanish conquistadors give back the Inca Aztec and Mayan lands in the Americas that they stole from the 16th century onwards !!! They could also give back all the Caribbean and North American lands they stole ! Regards

SP down again to 123p - but all the oil and gas companies are taking a hammering today - combination of idiot Trump tweeting again and "talking heads" predicting oil down to $65 again !!! Patience is the key - buy in at these low SP`s if you have spare cash GL all

I managed a few K more at about 122p and am happy that the SP is now above 126p - The pattern now is pretty obvious - market mafia taking the SP down first things to get cheap shares then allowing it back up to finish 1 or 2% up at end of play . I will be adding each AM a few K at a time if this pattern persists. GL all

SP now about 123p - hold on tight to your shares the market manipulators will be buying in big soon at these low SPs Regards all

Hydra was right - every time he buys a share it crashes

What would be great now is a BOJO statement on the lifting of sanctions on the Falkland Islands followed by a RNS from the BOD saying that all the ducks are in line for the go ahead on developing Sea Lion (first oil 2022 ?) - followed by the 12 July trading update showing ongoing pay-down of debt (only $100M left in the pot this year for spend on E&D - so no big drain on finances) The future looks good to me Regards all

BH - TY for excellent analysis - my research puts me in agreement with all you say - one point though - I have seen a target of 10% extra purchase of Catcher - but not 20% - 20% extra now would be very expensive for the BOD to buy having already spent $200M of the ANNUAL allocated �300M (as planned) E & D cash. With the solid output now from Catcher and other world wide assets we can look forward to mega gains from Tolmount and Zama development and production and full paydown of debt by 2020. The BOD has stated many times that they wish to reward shareholders for their support and patience and that has been coming good this year from 4 April in a spectacular way. BOJO`s efforts in South America may well give a major boost to the SP this week if he cuts a deal ref the Falklands oil fields. I am holding �40K in these shares but will sell out if the BOD goes for a major dilution (II cheap sales or Rights Issue) I have seen too many companies SP`s killed off by major dilution - LLOY was 125P in early 2010 when I sold out before a rights issue - it dropped to 65p and is still at that level 8 years later ! Over the years I have traded PMO but now I am holding tight as I believe we are well on the way back to 500p over the next few years. All IMOO Regards

Bojo was today crossing a river full of piranha on an ancient rope bridge - at mid way the bridge collapsed and before anyone could do anything about it - he had eaten every piranha in the river ! Better than Big Macs ! Quiet day today but RKH is up about 8% so maybe we will go up tomorrow Regards all

No word yet from the Bojo charm offensive in Argentina - hopefully this week we will get the news that the UK and Argentina have agreed a shared exploitation of the Falkland Islands resources which IMO will send our SP rocketing - alongside RKH et al. Regards all