Member Info for Synycom

Quite interesting
https://oilprice.com/Energy/Crude-Oil/How-Much-Crude-Oil-Has-The-World-Really-Consumed.html

Lol. Weather forecasters don’t get me started. They can’t even get there symbols and narrative to match. Try one of these https://www.ebay.co.uk/itm/Funny-Weather-Forecasting-Stone-Natural-Slate-Plaque-Ideal-Gift-Sign-20cm-x15cm-/263023377055
You can also change the narrative and forecast PMO share price.

Hopefully I’ll be in the car when he does.

Over reaction. Bought more at about 85p.

I can see that viewpoint however, Premier’s record of over promising and under delivering means I fear the news will be bad rather than good. We shall see.

If this share isn’t subject to insider trading I’d eat my hat or drink a barrel of oil. I have an extensive portfolio of shares that I trade regularly but this defies any explanation today other than someone has got wind of the trading update before release so I guess we can all assume it’s not going to be good news.

That’s because they took some huge positions around 70p last year. Of course they don’t think it’ll go much higher I am sure we all believe them.

Day traders come and gone. Probably see a bit more of a tick up later today.

Probably not dump. Usual play is to drip them in over a period or possibly under the counter deal direct to another buyer in one go.

Not peanuts if dumped. 1.8% of shares or a whole days trading volume.

Quite surprised this is up given the news Norwegian Government planning on divesting their 1.8 % stake in PMO.

Oil goes up, Premier goes down
FTSE goes up, Premier goes down
Move To + cash flow, Premier goes down
Brokers up SP, Premier goes down
Production goes up, Premier goes down

PMO have found a massive diamond seam in a kimberlite shaft off Zama. Tony Durrant says it’s a great opportunity to buy the whole of Chevron. SP down 20% on the news.

If you read your own postings. One is first appraisal the other completion of the appraisal programme. Hence difference in timings.

Whilst there’s been speculation the SP dropped off the back of Chevron speculation then RNS denial on cash call I think the reason if you look back at SP trades since Monday is there have IMO very large number of small value sells. A classic way for shorters to drive down SP whilst staying within the SSR rules until their position trips for a further declaration. The Chevron news simply gave them a perfect smoke screen. We all know this share has been manipulated for years. It’s a traders wet dream.

66p , now got tranches at 89, 80 and 66 p.

Actually stock brokers are worth the toilet paper after I’ve shit on it.

Just bought second tranche at 80p, first tranche after coming back was at 89p. As always with PMO it’s just a gamble but always entertaining.

All on here the update was NOT in line with expectations either in terms of yr end output or yr end debt. Read the numbers. Now that I’m back in in a small way I need to remind myself that the only consistent aspect of PMO is its extraordinarily ability to over promise and under deliver.

Small order of 4000 at 89.5. Probably worth a punt at these levels.