In fairness we all know why, when somebody mentions big oil many interpret that as an intended ramp unless backed up with verified evidence with good reason.
Big oil companies moving into an area on these boards suggest one of two things. A takeover or a farm in etc or those fields are alive with the sound of gushing oil and big oil wants a piece of the pie.
Trouble is more that is spoken about it the more original post is lost and rumour then becomes fact on these boards.
First post. N.b. Not easybent from LSE.
Long term holder of PANR and other oil stocks.
Question, what are peoples thoughts on IAE takeover offer yesterday and what would current holders think of a possible early bid for PANR?