Member Info for wraith

I don't expect, to get them all right, Sam12345,....We have a couple of our oil shareholdings, that are very deep underwater,....tend to ignore those & run with our winners, CLON & PET are two of our winners (both free shareholdings, plus cash profits, with each),.....have not followed the share you mention, but hope it comes good for you.

BW

Your probably right,...I guess these days, I'm always looking for an over reaction, in both directions,....we may not get much more retrace, with drill being so close.

BW

Sounds positive, freeshare;-
"When things fall into place, they happen in a satisfactory way, without problems: If you plan the project well, then everything should fall into place."

BW

With only 157m shares in issue (Market Cap £8m),.....on positive news, from Ghana (Tano 2A ratification) & / or Iraq (Petrel's past studies on the Merjan-Kifl-West Kifl area, and the Mesozoic and Paleozoic potential of the Western Desert),....the potential upside for PET s/p, looks good, (imo),....I'm surprised to see our s/p this low.

BW

Yes, agree thewackmiester,....read it the same.

BW

I'm still watching the s/p drift, HonestTom,.....not increased yet, myself.

BW

Hope it works out for you, Sam12345,.....good news here at CLON, could see multiples, of our current Market Cap, (imo).

BW

I'm just sitting on the fence, with our existing BOR shareholding,......don't like averaging down,....BOR s/p has got to be s/p@2p plus (at which point, I would be averaging up),....then I will consider, putting my buying hat on, here at BOR, but not until s/p@2p plus level.

BW

RKH owes me nothing,....just waiting patiently, for arbitration results, myself.

BW

With Pioneer flotation update, due Q4,.....without all the recent events, I would not have sliced our POG shareholdings so early,....still holding, good POG shareholdings (for POX Hub technology).

BW

Hmm, meant to put your link, in the brackets,... https://www.ghanaweb.com/GhanaHomePage/NewsArchive/dossier.php?ID=142

BW

Thanks for posting link ( Dr Amin Adam, Deputy Minister of Energy in charge of Petroleum ), originalharrystamper,....very quiet here at present.

BW

Same here deebo12,....started buying back into POG, at s/p15p level, early this year,.....have sliced to free (5 figure) POG shareholding, plus cash profits.

BW

Once they understand this Virus better, Echo1,.....the quicker everything can start returning to normal,....I listen to Dr. John Campbell a lot,....interesting one today, on importance of viral load & how wearing of masks, is so important on reducing the amount of virus you are infected with, as an uninfected mask wearer of mask, resulting in a much less sever case of Covid-19;-

"Wear a mask to protect yourself" https://youtu.be/DANEqOPcDwc

BW

Listening to Dr. John Campbell & Professor Raghad Alsuhail ( Video link, dated Aug 28, 2020), in link below, it sounds like Covid-19, is likely to hold things up in Iraq.
Video link : https://youtu.be/J2pt7owNsBU (Highlights the importance of vitamin D).

Raghad is Professor of virology and immunology, at the University of Baghdad, who brings us up to date, with developments in her country.

Happy to hold & wait myself.

BW

Not been following, BOR very closely this year,....thanks for the input,....I did note, the Bank Of America view,..Brent Will Recover To $60 In H1 2021 ;-

Extract
"Bank Of America: Brent Will Recover To $60 In H1 2021"
Source : https://oilprice.com/Energy/Energy-General/Bank-Of-America-Brent-Will-Recover-To-60-In-H1-2021.html

BW

Agree peterg40,.....the fact that Dr Pavel, was at the helm, is one of the reasons, I bought back into POG, early this year, after many years absence.

BW

Nice to see our s/p up,.....don't mind when news comes, myself,....hopefully, it will be good (prefer averaging up) news.

BW

I will keep a closer eye on BOR,...underwater with my Gross Average s/p, here (my BOR Gross Average s/p, sub s/p@2p range) at present,...I'm mainly (Funds Invested) in Gold shares, still building a position in one of them,....doubt I will reduce my Gross Average s/p here at BOR, until there is more clarity, on the way forwards.

BW

BW

Yes, it was from memory, MrMarketMaker,.....going by your figures, it was about 2.55 years, before the "-25% cost saving measures from 2020",.....allowing for the cost savings ( that I had overlooked, from memory),.... it does extend, to about 3.4 years, on your figures, as you point out.

BW