Member Info for steven49

Personally believe markets just pricing in a positive trading update, has been held back 4 too long,yes Paraguay update due any time and expecting positive things there.possible even an acquisition,all guess work but 4 me this is so under valued.own much of there infrastructure too.quality company and CEO

Much improvement in 2020 trading update out look I'm sure
Turnover of approximately US$41m (2018 - US$47m) with average price realisation in Argentina 19% less in 2019 than in 2018

·; Average production of 2,414 boepd is 6% up on the previous year (2018 - 2,279 boepd)

·; Free cash generation from operations before G&A of US$16m (2018 - US$21m)

·; Adjusted EBITDA* circa US$12m (2018 - US$17m)

·; Cash operating profit of approximately US$10m after all administrative expenses and workovers, but before depreciation (2018 - US$14m)

Looks like the seller still taking every opportunity too off load large chunks.if infact these are sells ,mm happy now take much higher price,seller must be near to finishing.onwards and upwards regarding share price with Brent sitting at 60 +

Dec op update a better than a 50% chance,my feeling will update soon on this.om sure near to signing this off.all guess work but I'd say it's a done deal. Trafigura allow ppc to export oil through there refinerys interesting to no how much now is being exported at brent prices. Have some1 on the board,will help to get things signed off quicker I'm sure

Notice Tony been doing interviews of late,get placing away mayb,be warned.

Too put Paraguay into the rns suggests mayb we r near to it being signed off · Paraguay exploration PMean internally estimated at in excess of 536 MMbo undiscovered oil-in-place are in addition to the figures reported today

Brent Now at 60 +

Early sellers gone,good chucky buys too at 2.1p , is important to note that the reserves as at 31 December 2020 do not represent the total of what is present and/or recoverable in the respective fields but only rather what are present and/or recoverable over the term of President's current licenses as at the audit date,' executive chairman Peter Levine said.

'In practise, the company intends to exercise its legal right to extend its Rio Negro licenses beyond their current terms and therefore as is discussed the total present and/or recoverable reserves in the ground are

Happy to take 1,100,000 Sell* 22.05k at just above 2p now looks promising to move over coming weeks

Icf I believe want come away from oil and invest more in green energy ect

Ifc took much of placing up to fund Paraguay back in 2014 now they sold out completely causing share price to slide.

Also trafigura on board is massive upside 4 company much of oil going through them,hopefully will elaborate on this in due course.

Iv only held and been in this company last 5 months so understand many investors under water if bought in long time ago,but times have moved on and understand much of placing was needed to 4 Paraguay and other assets.personally I believe PL is doing everything right and company has potential 4 3 digit market cap.of course has risk with Argentina ect but please move on 4get or sell up.all takes time.

As stated in previous announcements, although there can be no guarantee of a successful conclusion of negotiations, with every tick in the box the prospects of a positive outcome come ever closer. With that caveat, there has been material progress recently leading to the view that on current evidence there is a better than a 50% chance of a mutually satisfactory conclusion to the discussions. It is hoped to conclude matters before the end of Q1 2021 with a view to drilling an exploration well targeting a location in the Delray complex within approximately 12 months.

By way of reminder the Delray complex is estimated by President to have a mid case of 230 Million barrels of unrisked oil resources in place. The com

President Energy's second largest shareholder is Trafigura, one of the leading commodity and logistics companies in the World, with operations and a refinery in Argentina. The Company is actively pursuing development / acquisition of high-quality production and assets capable of delivering positive cash flows and shareholder returns.

Is this rise on back of oil prices 60 brent neArly being payed year highs oil. plus gas prices higher,all coming together.GLA

Go on there websight plenty info on there and pass rns's

Lol nothing strange just updating all in budget and on time,I understand u frustration share price wise this will rerate in due course,just chill dont keep looking daily.GLA.

Big spread due partly lack of volume

Lol hold neither,all no held in past.glad see kzg coming back up.hopefully no more placings there due diamond income.hope works out 4 u.