Member Info for steven49

The Board has reviewed the Company's cash position and concluded that we are able to achieve cash breakeven within existing cash resources. The Board will take whatever steps are necessary, including by reducing cash expenses, to achieve that.

In respect of 70% of the options (rounded to the nearest whole number) no option may be exercised until the date on which the arithmetic mean closing price of the Company's shares over 30 consecutive trading dates after the date of grant has exceeded 15p per share; and

(ii) In respect of the balance of the options, no options may be exercised until the date on which the arithmetic mean closing price of the Company's shares over 30 consecutive trading days after the date of grant has exceeded 27p per share. LAST 4 5 YEARS.

The Company has awarded 6.5m options with an exercise price of 1p per share under the Plan (representing 2.58% AT A PENNY. Easy money.am I reading this right. Such cheap options.

How u get 1.1p

Been poor stock share price wise last 6 months,lots of positive news,potential too move 3-4p next year,get this seller out. Paraguay news hopefully positive outcome. potential too increase on 4,000 boepd next year.lots drilling.

Looks very positive OP update,Paraguay looks done deal too me. Wait and see happy months ahead.new plant reduce opex improve profits done on loan of no interest.great funding terms.will be reflected in market cap in due course.32 million market cap is joke

Oil down ppc down as say just following oil prices some selling still I see

Notice does state a plan B regarding Paraguay if nothing comes of talks with major oil company

Oil really pushing higher.as some1 said, this is moving on oil prices, not positive rns.all helps higher oil price, 50% oil from income

May be better wait till placing done d4 buying in

Last placing was done at massive discount.pulled share price well down

Problem with these companys often do discount placings is phc near to further placing often seen on spikes

This guy also taken big stake in rene another company worth looking at

Moved the sell price up is the seller overhang done,looks promising.GLA

Trafigura who hold large stake in ppc are fairly bullish on oil 4 2021,Trafigura Sees Oil At $60 Thanks To Vaccines

Come along way 5p since late Nov so was always going be much profit taking

Has been well publicised via Twitter b4 release of rns

During May 2020, Buenos Aires implemented a minimum domestic sale price of $45 per barrel for as long as Brent remains under that price. If the international benchmark oil price exceeds $45 per barrel for 10 consecutive days, then it is voided and oil is sold at market. The national government also eliminated the 8% export tax on crude oil and refined products for as long as Brent price is below $45 per barrel.

Yes 4 sure been buying lumps 500000 and 600000 amounts 4 sometime.

Today's interview worth listen too