Pennpetro Energy Share Discussion Threads

[talais] 27/7/2024 13:36

Don't forget the LSE Premiere listing Should me Monday or Tuesday

[talais] 27/7/2024 13:34

And they are debt free, the farm in partner we wipe out all our debt in Texas All expenses paid 12 an 10 % royalties on a possible 300 plus wellsDrilling starting in matter of days,This has just started, could go anywhere

[iceagefarmer] 27/7/2024 12:42

its not over yet this rise

BACK your INVESTMENTToday 11:32
On Thursday ( evening ) I posting the following post..most might have missed it as it was posted late....see below....

"POSITIVE NOTE!!

I have just studied 3 major spikes in this share...since it listed..

NUMBERS are staggering...

1st rise happened in 2018....shareprice went from 64p to £1.12...in short space of time.....in this rise....m/c increased by £33.6M

2nd rise happened in 2019...shareprice went from 57p to 81p....again short space of time....in this rise...m/c increased by £17.35m

3rd rise happened in 2022...shareprice went from 22.5p to 60p....once again short space of time...m/c increased by £26.25m

This current 4th rise is ongoing....it started at 0.55 still ongoing....so far m/c has gone up by £6M...

READ above again and understand what could happen here...or in simple terms.....the rise hasn't really started yet....average of 3 above rises = +£25.75M...

So we could easily be looking at 25p here....( back then shares in issue was 70m/72m...now 100m )...having 30m more shares dont really matter as volumes have been much higher through the roof

POINT of note.....volumes on previous 3 rises...were not great at all...in fact...there was hardly any volumes on somedays....on this current rise MEGA RECORD VOLUMES have been seen..

How this hasn't already broken 20p+ levels on current VOLUMES is beyond belief"

I just want to add....in that 2nd rise...from 57p to 81p in 2019.....a very small placing was done at 55p...few days later BOOOM!!!!....m/c increased by £17.35m....

Do your HOMEWORK!!! do your OWN RESEARCH!!!!......I have.....and my take is....its going to get whole lot interesting NEXT WEEK!!!

HAPPY DAYS!!!!!

[iceagefarmer] 27/7/2024 12:11

SCAMMER BOYS DONT KNOW HOW TO HANDLE THIS...ALOT WILL BE QUIET THIS WEEKEND AND IN MEETINGS HOW TO STOP THE DAMAGE..BUT I THINK IT WILL BE TO NO AVAIL..THE LONGS HAVE IT SO PREPARE FOR TOTAL ANNIHILATION!!

[iceagefarmer] 27/7/2024 12:07

SHARES LIKE UKOG,VAST,QBT., INSP ARE NOW ON THE RADAR OF MANY WITH LOADS OF CASH IN THEIR POCKETS..IT ONLY TAKES ONE PPP TYPE ROCKET TO START A NUCLEAR REACTION..THAT REACTION STARTED LAST WEEK..ALL DOWN TO THE BIG FAT AUSSIE GIT WE LOVE TO HATE...MONTE CARLO HERE WE COME!

[iamthemagnificent] 27/7/2024 11:16

If only kemche wasn't the King of Sarcasm, he'd be a 'millionaire' just like iceagefarmer *cough cough*

[iceagefarmer] 27/7/2024 10:55

phil..thats what they said about ukog and sanderson re getting oil..vast have other things going on..diamonds are just a bonus..

i bet kemche has a quite abit of money sloshing about now seeing he was in ppp...imagine if you put £10k in ppp at 0.6p..nearly £200k profit in a couple of weeks..how about it kemche,stick a good wedge in vast and give us long suffering vast shareholders a big boost?

[phil mcavity] 27/7/2024 08:29

Vast! What a totally rotten outfit.
Surely they can`t still be talking about those diamonds
That fairy tale has been running for years
They`ll never get them back - not the most remote chance of that ever happening

[jungmana] 27/7/2024 08:18

This article is 3 weeks old . Ukog's hydrogen storage project in Dorset is gathering attention of some big players and government funding looks to be achieved soon;
"The Echo reported in 2022 that UK Energy Storage (UKEn) - a subsidiary of UK Oil & Gas plc (UKOG's) - was now progressing a new 'energy hub' scheme."

[jungmana] 27/7/2024 08:16

They are debt free or else the nomad won't sign this statement;"UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has fully repaid the balance of the convertible loan facility with RiverFort Global Opportunities PCC Limited and YA II PN Ltd and, as a result, the Company is now debt free."

[iceagefarmer] 27/7/2024 07:09

re vast resources

a few ppp shareholders could easily match david ian jones's holding next week if they pile into vast..i can see alot of bombed out small caps doing well next week especially if ukog rockets too...alot of folk slate off lenigas but when he gets a good un it can certainly be life changing..you just have to know when to pile in at the very bottom

david ian jones owns 12% of vast with 152m shares worth £150,000...anyone fancy matching this just for the crack? vast's shareprice is currently at an all time low of 0.11p with plenty of news imminent..and if they get the diamonds back that will be a massive bonus

[neotheone] 26/7/2024 22:41

Please give specific rns link to prove your pointAs I see it in agreement with junga ukog are debt free.Unless you can prove otherwise?

[daniel] 26/7/2024 21:41

Jung, Before you jump ship, Is UK Oil and Gas Debt Free?

"saying they are debt free is simply not true, unless he's found over £3 million from somewhere and paid the other borrowings or the other parties have written them off, but UKOG hasn't informed market. FCA should sort him out.

At the last interims to 31st March 2024 Borrowings stood at £3.8 m and the CLN Balance then was £0.66 m, so that left £3.14 m owed as Borrowings, which is debt. This is money owed by the subsidiary company, HHDL to Doriemus of £572,239 and to Alba Mineral Resources of £2,541,338 as at 30th September 2023 in the Annual Report."

[criticalthinker1] 26/7/2024 21:36

I couldn't not see what was not to like here. The rises snd falls are consistent with daily trading. I'm expecting the daily traders will be a bit more considerate here.
Feels a bit like Novacyt...but with actual fundamentals

[neotheone] 26/7/2024 20:36

Jung is correct.Debt free with a minuscule market cap. This will explode soon enough.

[jungmana] 26/7/2024 20:02

UKOG imo will do a ppp. Today was just the warm up there.Traded volume since placing stocks admitted on the 18th of July is now about 9 billion shares, nearly 3 times the number of placing shares. The churn is done and Monday will be fireworks here.Imo the hydrogen project is significant and a £10 million market cap ( 0.12p share price) is the minimum target short term.That's over 400% rise from today's closing price;"Stephen Sanderson UKOG's Chief Executive commented:"This Placing permits the full removal of the convertible loan, which should then enable the significant progress we have made in delivering our material hydrogen storage projects to be more fully reflected and sustained in our share price. The two recently announced Letters of Support from major infrastructure players in the UK hydrogen space, Sumitomo and SGN, demonstrate our project's credibility, with SGN stating our Dorset project as "essential for decarbonising the Solent Cluster and Southern England"."

[yusuf77] 26/7/2024 16:55

most likley 15p nailed on

[citys2874] 26/7/2024 16:30

Happy Friday and enjoy your evening love day and rise for the week

[citys2874] 26/7/2024 16:27

Will see some big media and press over the weekend expect another big week next week

[citys2874] 26/7/2024 16:22

what a fantastic week, next week will bigger and can easily do a UKOG

[tomboyb] 26/7/2024 16:21

Astounding volume -

if it went to 15p it would do a UKOG -

Remember 0.40p to well over 15p -

[petersmith6] 26/7/2024 16:19

Wouldn't say not to a little breather before 15 p next week

[citys2874] 26/7/2024 16:14

mms ticking up