Member Info for wraith

It's a long time ago, BlooBird,.....entirely from memory,......before we made the Sea Lion Oil Discovery, I have a figure of about 180m shares in issue,...I could be wrong on that figure,...then I have a figure of about 240m shares in issue,....I do believe, we had a placing, when I sold around £5+ level, which resulted in s/p, at around high £3 level,....all above from memory, I would check back over RNS's, to get an accurate figure,.....I'm getting a bit long in the tooth now.

BW

With the majority of our POG shareholding's, held in two ISA's,......would prefer, a dividend reinvestment plan (DRIP), to be incorporated, in any POG dividend policy.

BW

Bought a few BOR (s/p@1p), back myself, today,.....switched BOR, along with some other oil shareholdings, to a Gold share, earlier this year,.....feel more comfortable, now I'm holding BOR again.

BW

I was buying RKH, from about s/p@35p to 45p range, before oil strike,....well, we do have DES & FOGL acreage now, so all to play for still, on that count, as far as I am concerned,.....also, back then, sold some RKH, s/p@£5+ (didn't have many left to sell, at that £5+ level, though).

Agree with you, good time to start building, an RKH shareholding, (imo),....which, I'm also doing,.....we were right, last time, Quant,...lets hope, we have our timing, right again.

BW

Agree, Henrygroucho,.....also see RKH future, as more positive outlook (PMO, combined with 7th Jan 2020 farm out).

BW

Yes, I would also support a Rights issue,.....I would reinvest, all dividends.

BW

Hi ralph2010,....yes, I'm starting with a new RKH shareholding (previous RKH shareholding, profitable),......yesterday being first two tranches (22,000 RKH shares & 28,000 RKH shares) bought,....both bought at s/p@8.87p,......saw my second tranche (which my stockbroker, had a job to get, at my price limit, of s/p@8.87p) of 28,000 RKH shares go through, which was bought T2, straight into ISA a/c,.....have not seen my first tranche, of 22,000 RKH shares go through, which I bought in my trading a/c.

Listening to this interview, dated 24 Apr 2020 ( https://www.proactiveinvestors.co.uk/companies/news/918105/premier-oil-plc---proactive-one2one-virtual-event-918105.html ), it sounds like Sealion, has been put back about 6 to 12 months, with $40+ Oil price required,...arbitration results due, as you point out,.....I'm a buyer, mainly for Sea Lion (2021, going forwards).

BW

Agree, the Oil sector, has been through, a very bleak time, recently, ralph2010,.....I see this, as an opportune time, to start building, a shareholding in RKH, ready for 2021 forwards,....but that's just my view, which could be totally wrong,.....time will be the judge & I shall back my own judgment.

BW

Yes, I guess a few of us, have been watching, Quant,.....I did not expect, to be buying back into RKH, at these s/p levels,....Oil sector, took quite a battering.

BW

Hope you do well, going forwards,....RKH, don't owe myself anything, stepped out with a profit, long ago,....always had 2021 penciled in, to be back in Falklands Oil Shares, with meaningful shareholdings,....started with RKH today (first two tranches, s/p@8.87p, paid on both).

BW

I remember those (£5) days,...was holding RKH, on Sea Lion discovery,....just started (today), holding RKH again now.

BW

£6,...I assume you are seeing, the possibility, of Fiat currencies, falling, considerably, in their purchasing power,......combined with POX Hub technology, starting to bear fruit (Gold),.....not quite that pessimistic, on Fiat currency, myself.

BW

Agree, POG future does look great, madsuh,.....that's the sort of update, I can live with.

Extract:
Q1 2020 Operational Highlight.
Gold production
? 73% increase in gold produced to 186.2koz (Q1 2019: 107.7koz), of which 115.4koz (62%) came
from processing refractory gold at the POX Hub
Source: https://www.petropavlovsk.net/wp-content/uploads/2020/05/POG-FY-2019-Results-vFinal.pdf

BW

Never realized how easy it was, for the banks, to create Fiat Currency;-
https://youtu.be/tG6PtkDUJmU

Got to be good, for gold & POG (imo).

BW

Thanks for the link, WestEast,....Also agree, first maximize POX Hub technology, etc,....... before paying dividends, would be my priority,.....when/if, POG start paying dividends, my preference ;-
"Dividend Reinvestment Plan" (DRIP).

BW

My view, is pretty much the same, as Maloney,....although, I have deflation, penciled in, until the third quarter 2021,.....with inflation starting, first half 2022,.....agree with Powell, where he indicates in this video ( https://youtu.be/9-rsQT4HScA ), "this emergency, is nothing like 2008" (from 29:02 into video).

BW

This is a follow up, ("This Is The End: How & When Deflation Turns To Hyperinflation" https://youtu.be/wBqD2dWE3QQ , dated 21 May 2020),......... to the video I posted, ("The Biggest Event In World History - WTF Happened in 1971?" https://youtu.be/yzTWupAWMc8 , dated May 14 2020).

The update link, dated 21 May 2020, is long,...he gets to the point, of the very long presentation, at 40:34 into video.

BW

Not wasted my time, myself,....although "The Truth Is Plain To See" (it's a circus, clowns, etc),..(IMO).

Tune : https://youtu.be/VZqPoriYXho

BW

I wish you good health, also, DavidtheGrim,...will raise a glass of port, at Christmas, with you, to celebrate a higher s/p level, here at POG, (hopefully).

BW

Agree, diet is important,...eat lots of fruit & veg (brought up on farm), used to drink water, direct from spring, fresh milk from cow, etc...breast of turkey & plain fish,..red cabbage one of my favourite veg, also lots of apples,...bran flakes/weetabix etc,...only drink alcohol at christmas (1 bottle of port).

BW