Member Info for Thunder2040

A lot of shorts...

Doubt it, looking at how wrong they all are there is no point ever listening to brokers

Looked like a promising day until late on then just dropped like a stone...Not sure why.

The irony

Way oversold. Expect a recovery

Keep one eye on the weather forecast....snow coming which can only be good for sales of....

If you use Google finance....check the operating margin of pmo vs peers such as Tullow. Then look at the current ratio and debt to equity ratio ..those 3 metrics in themselves tell you the story. Higher risk...and far higher beta for good reason.

Playing oil market like a fiddle. Tells everyone to pump then waivers released. Saudis will be fuming. PMO is a leveraged oil play hence the exaggerated swing...thankfully I got out of this market a while ago..this reminds me why. All IMO.

Gooner. Sometimes we have to admit we are wrong. Today is that day for me. We are all losers from this result. Best of luck.

Gooner. Sometimes we have to admit we are wrong. Today is that day for me. We are all losers from this result. Best of luck.

Jinx - my reference to probability was in response to someone saying there is zero chance of a farm in- which is quite obviously totally incorrect.

Thanks for confirming you do not understand the concept of mathematical probability Knight. Gives me a great yard stick to judge the merits of your posts by.

I doubt that Marmited...but there is not much constructive debate offered on here these days.

If you hold, yet have no faith...that seems illogical to me..

Farm in..yes. If I was going to put someone over a barrel in negotiations I would sweat them up until the deadline with a lowball and then meet the terms if they didn't buckle.

Could still farm out. Could strike. Plenty of seismic on other prospects done and farmouts on them possible ....as I said before. If it goes pear shaped from here I will be the first to congratulate you Gooner...

The doom squad are in full voice I see. No belief yet still they hold...or just surface on here to post predictions of a wipe out..illogical.

Needs more volume, MMs having a field day with the spread here..

Make no mistake it's us next.

I will offer this to hopefully warm the spirits:
https://www.offshore-mag.com/articles/2018/09/chariot-defines-well-targets-offshore-brazil.html

Clearly there is more to play for than Namibia. The Brazil prospect is slap bang in proven oil territory...so don't lose faith in this just yet.

Let's be honest to make £££ you have to buy low and sell high.

I feel anyone holding here is frustrated by the drip in last week or so...But patience is a virtue. I think farm ins will happen, wether that is for Prospect S or not, time will tell. But there is fuel in the tank in terms of cash... Good luck