Petrel Resources Share Discussion Threads

[smcl] 24/9/2020 18:24

Has Fenners66 Got an Oxymoron? Or is he......just a repetitive b€&&@oxy!!

[lippe] 24/9/2020 17:55

You've got to hand it to St Rupert, truly the patron Saint of grifters and snides ..

[fenners66] 24/9/2020 17:45

The irony.
PET gamblers and their oxymorons

"holdingtight
24 Sep '20 - 16:55 - 17515 of 17515

I think there is a new urgency, certainly in the last few months."


Definition of urgency

" the quality or state of requiring immediate action or attention"

He may just as well have said , certainly in the last few years, or decades.....

So nothing happened in months, nothing likely to happen, PET claiming they are funded - for inaction - and he imagines that is urgency....

What happens if the directors adopt a more laid back attitude .... ?!?

[holdingtight] 24/9/2020 16:55

I think there is a new urgency, certainly in the last few months.

[palace pete] 24/9/2020 15:27

Apart from the covid mention you could have written the rest 15 years ago such is Iraqs' pace of doing things.

[ducky fuzz] 24/9/2020 14:53

8 of the last 10 trades are buys .. last 4 at full price :-)

[fenners66] 24/9/2020 12:44

So if they are prepared to put into writing -

- when they have less than a years admin expenses left in cash and no money to actually do anything else on top -

the statement "Petrel is well funded for ongoing activities."......

But as far as I know they have NOT put in writing , "things will happen sooner than you think"


One has to draw ones own conclusions as to the efficacy of that rumoured statement.

[holdingtight] 24/9/2020 12:37

Of course, not helping is that Iraq is currently experiencing very significant daily increases in new covid cases, and imposition of additional controls to tackle it. Hospitals are at risk of being completely overwhelmed.However, authorities are evidently still making progress with appointments, high level meetings and expos - they need oil money to rebuild and develop their infrastructure, including hospitals !

[fenners66] 24/9/2020 12:36

If Teeling did retire they ought to get Buzz Lightyear to replace him.

He would have the staying power to sit around waiting to make an announcement and charging directors remuneration for sure ......" To Infinity and Beyond ! "

[exile] 24/9/2020 11:56

Correct! The only that's going to be announced here is Teelings retirement.

[holdingtight] 24/9/2020 11:29

When the 'sooner than you think' statement was made, my hope was any week, but my expectation was sometime before year end. So I'm happy to hold. I may even top up.

[lippe] 24/9/2020 11:22

Smart money picks up cheap shares in time for positive news ...

Odds on and sooner than you lolz think ...

[bronislav] 24/9/2020 11:16

Board state before Christmas maybe which in turn promotes weak holders to sell whilst the smart money picks up cheap shares in time for positive news.

[hermana3] 24/9/2020 10:55

Old Teeling looks knackered and his statement reflected this.

[holdingtight] 24/9/2020 10:51

Clearly some folk expected fireworks in the interims and have bailed on the disappointment.

[blakieboy7] 24/9/2020 10:39

Another disappointing day

[fenners66] 23/9/2020 21:45

AJJ2003
23 Sep '20 - 21:33 - 17505 of 17505

"A conference a month up to Xmas so plenty of time and opportunity for things to happen ;)"

Up to Xmas 2050 ?

By which time oil may well be obsolete ....
Its been 20 years or so already so 2050 is no longer far fetched.

Do you all have life expectancy that long ?

[ajj2003] 23/9/2020 21:33

A conference a month up to Xmas so plenty of time and opportunity for things to happen ;)

[bronislav] 23/9/2020 20:27

"Odds on and sooner thank you think".Mr Horgan will be judged on whether his suggestions come to pass.

[kdickson] 23/9/2020 20:20

Yes, hopefully TS. Last quarter of this year could be news filled (or not) :))

[blakieboy7] 23/9/2020 18:22

The highs of January seem a distant memory

[the sage] 23/9/2020 18:13

Hopefully, Ghana meetings rescheduled before the end of the year too.

[kdickson] 23/9/2020 17:33

That would be a great platform too but not sure if that Dec one will be 'converted' into a virtual conference. I think that site is still referring to the advertised physical conference?