Member Info for Yachtmaster

Half Year Results

In my opinion all the ducks are lining up for another acquisition very soon.

In my opinion the SP won't rise until the open offer is out of the way. DYOR GLA

I agree there must be an acquisition in the pipeline. Why else would there be a placing. Also agree that we will not hear any news until the open offer is out of the way. If I am wrong and news comes sooner then I will still be happy. GLA.

3:1 on the buying side.

That's even better then. Shouldn't be too long before the pumps are up and running. Fingers crossed. Maybe 1200bopd by the end of the month for PG.

Just waiting for the new pumps. Hopefully they will arrive and be fitted in the next few weeks. Then you will have your 1200bopd.

L2 is looking strong at 4 to 1. Just taking a breather before steadily rising again.

A MCap of $1350m and SP of �1.56 would tie in with PLs comments on paying a future dividend. Looking forward to more acquisitions and the results of the workovers for this quarter.

Not sure why people would sell when this share has so much further to rise. More news and increased production to come over the next few weeks. GLA

Richie, I am happy to educate your group on spread betting especially as you don't appear to know how it works. You still haven't answered my question on how do you think spread betting works? YM

What you say Richie would not have an effect on the SP apart from in a positive way. All you are saying is that the spread betting company have sold their holding to another shareholder. Surely that is what happens every day between shareholders. So this is all normal trading.

Currently we are producing PG 600 EV 1200 and US 300 = 2100 bopd with mcap of �88m So production of 7616 bopd would give us a mcap of �319.2m or 33p per share. That doesn't take into account any value for Paraguay. Just my musings. DYOR.

4,500 BOPD could equate to the 1.5 acquisitions that PL hinted at in the interview.

We might be able to work backwards by saying what assets would we need to produce ebitda of $50m

As an accountant I would say that you can only compare companies in the same industry. The value of an oil company is mainly in the assets. So to work out the future mcap we need to look at the future assets.

That is why PL is talking to several majors!

Thanks for the info. You learn something new every day. Not sure I would want one of those. Cheers, YM

AParky, not sure what you are on about, sorry. Yachtmaster is a qualification for skippering sail and power yachts. I am a Yachtmaster Instructor and teach people to become Yachtmasters. Cheers, YM

I loaded up at 6.3p Richy. I am happy with my holding. Will wait for lift off. YM