Member Info for shadow525

FPM like my other major share holding HNR in my opinion have huge upside potential going forward especially with WTI and Brent Crude at these levels. Both companies have recently raised extra funds and have good portfolios of oil resources and projects to exploit in the near to long term to add substantial value to the businesses. I believe current SP's will look extremely cheap when we look back in 12 months time. DYOR & GLA

See nothing much has changed SP still around mid 30's, still think this is a long term buy but no spare cash at the moment still fully invested in HNR, will look again after xmas. GLA.

Over $64.

With the price now reaching over $62 per barrel and again IMO likely still to go higher at least until the winter period is over, the SP I think as indicated before is still well undervalued given the prospects here and is likely to re-test the years high. With DELEK still in the background and production increasing over the next few years to the target of 40,000 bopd, I believe the upside potential for the SP is high.

Sold my entire holding in TCM yesterday at 172p, nothing to do with TCM just wanted to switch cash into HNR as flow results likely to be out soon and saw an opportunity. Glad I did hopefully can buy back in at a lower price in the future but really weird.

Really surging today almost $60 per barrel.

Personally as I have said before, I think the catalyst on this one now is what Oozi Cats does end of November and if he wants to sell his holding in Tellit, for the right price I am sure. With RLT holding 14% it could get interesting if Oozi does want to sell his 12.9% stake. All speculation of course, but I would rather be holding shares now than trying to buy when any announcement is made.

Periodically check these and now think the SP has dropped into my buy zone range, but unfortunately fully invested elsewhere and showing good gains, so will just have to sit and watch for now. But IMO has some long term potential and share price beginning to look attractive. GLA.

Yes it does appear to have volatility at the moment up and down, but have stopped buying just waiting to see were it goes after Oozi Cats agreement expires end November, so this is just a hold for me now waiting to see if a bid comes in within the next 12 months. But good luck if you are trading these within a range.

As I understand he had to resign as CEO and has left the employment of the company, but yes I am sure he still has some influence as a major shareholder but if some third party offered him �40 - �50 million for his holding I am sure he would be tempted IMO.

Not sure the BOD will have much say if when Oozi Cats agreement on selling his shares expires and he wants out completely. But hey ho you pays your money you takes your chance. DYOR & GLA

As I said in one of my posts a few weeks ago IMO irrespective of short term share price this is a long term buy and yes been buying at 145, 155, 165, 175, 185 very similar to Run Liang Tai for the record my average is now 163p so only at todays close making a few grand but the holding is based on a probable end play of a takeover bid or the management defending the vulnerability which IMO would send SP back over 200p anyway. A RI I believe is commercial suicide in that RLT and other predators just take up their allocation and then buy PI shares on the cheap. Of course a sale of part of the group is always possible but again IMO this will just push up the share price long term again.

Sold about 1/3rd of my Faroe Petroleum holdings its broke pound barrier a few times but cant hold it so stuck cash into HNR mainly and some in TCM

Just added some more at a shade under 170p, but a quiet day so far.

Expecting an RNS tomorrow on holdings with some large trades booked after close, and although gone down here as sells likely to be buys IMO from earlier in the day booked late. We await to see, but if Run Liang Tai buying again can see the SP racing away higher tomorrow again. DYOR & GLA

Could be significantly higher IMO than even that if this does result in a possible bid for the company.

Think the FT are a bit behind the TIMES on this one, in my opinion speculation on a possible bid has been going on for several weeks, but nice to see SP reacting and I do not think Run Liang Tai have ceased buying yet.

Oil price approaching $58 per barrel and likely to go higher this year, share price IMO well undervalued and would expect year high to be breached before Christmas. Will be buying a few more to top up my holding here and good news on HNR fracking completed.

Well back to breakeven on my latest TCM trade, but in it for long term anyway as I am sure if you read my posts you will know. Currently going through 4 X 4 brochures for a new vehicle next year. GLA.

Granted my mistake just read the total position an saw it had increased to 7.60%.