Petrel Resources Share Discussion Threads

[the chairman elect] 28/7/2021 09:01

The ShareHolders Action Group [SHAG] are doing an excellent job reference LSE:PET and should continue to work extremely hard over the coming weeks to force change at LSE:PET for the good of all LSE:PET shareholders as per my posts [yesterday]

[lippe] 28/7/2021 08:23

Fisty is helping Dave move his desk and pitch 'n' putt into Johno's old office this morning ...

[the diddymen] 27/7/2021 21:57

A touch of irony in iamrich's plaintiff cry on LSE:

Strong buy this will one day go to £1, please everyone buy so I can sell please lo

(iamrich is of course referring to a market cap of £1)

[lippe] 27/7/2021 21:32

be like necrophilliacs and cannibals taking over a funeral parlor ...

[the diddymen] 27/7/2021 19:48

smcl, I just cannot see it. There is nothing in the tank, least of all a competent bunch of directors. Chancers drawing a salary would be a better description. Their only skill has been to generate a narrative that attracts a 'fan base'. The time is up and Horgan knows it. Teeling has just passed the poison chalice and the music is about to stop.

[1teemore] 27/7/2021 19:16

Oil is not going away and it will be an important source of energy for decades. We are not going to convert 100% away from it in the next 10, or even 20 years. Oil will be sourced where it is cheapest. Don't forget that coal is being used in large quantities in may of the larger populated countries.

[palace pete] 27/7/2021 18:32

I have to say if the dream of getting oil deal in Iraq comes to fruition in the future oil will have lost it's holy number1 position as the world turns it's back on fossil fuels. They had their chances in the golden era and ballsed it up. All that will be left will be possibly gas deals.

[smcl] 27/7/2021 18:11

However…..could things change for the better?

I agree with above but hasn’t this investment always being a ‘gamble’?

[lippe] 27/7/2021 17:55

Watching the rose tinties asking The Chairman Elect for advice is akin to inviting Sidney Cooke to a childrens birthday party ...

[1teemore] 27/7/2021 17:10

TCE - Agree with you and some of them have to pay to post on this tread!

[exile] 27/7/2021 17:06

TCE Dave Horgan, Teeling and Finn had their last chance with the supposed 100 million asset delusion. Look what happened. If a film was to be made about the 162 group it would be a comedy.

[bountyfull] 27/7/2021 17:01

Thanks TCE. Let's hope DH can pull something, indeed anything, from the hat!

[the diddymen] 27/7/2021 16:51

Fenners, it will not happen. The narrative is too shot. The company has tax losses, which might have value, a listing and a few peanuts in the bank. This is going to go sub 1p and it is a falling knife. At some point it will become a zombie company with potential for a reverse takeover.

That said no great surprise from this side of the fence.

[the chairman elect] 27/7/2021 16:40

There are far too many TROLLS around so this is not the correct forum but yes if there is a will there is a way!

Many small caps including AIM listed companies have seen a change in fortune by doing some of the things that my previous post covers. Not easy but more than possible!

Will DH make this possible? Well it is now or never for him in my view!

[fenners66] 27/7/2021 16:20

The gamblers finally looking as if they have smelled the coffee.
However I fully expect that there will be another ripping yarn to get them excited again and the merry go round to continue.

They have not listened for 20 years , why start now?

[palace pete] 27/7/2021 16:10

TCE a very distant dream10 years ago.

[bountyfull] 27/7/2021 16:01

How do you think PET will achieve this TCE?

[the chairman elect] 27/7/2021 15:50

Aye mentioned some time back now that JT was looking to take more of a back seat. Have to say that unfortunately the CP are not the way to go.

Neither is just letting DH have yet another recurring 5 years term aka the old Soviet system the way to go.

No new blood and decent new projects etc....must be brought in to PET and ASAP!

Something along the lines of IRAQ plus one or two other decent projects....PET could become interesting again and even a high flyer again!

[ianio5691] 27/7/2021 15:46

Looks like the AGM has upset someone...

Fairly consistent 150k seller this afternoon

[currypasty] 27/7/2021 15:39

I guess it was on the cards that JT stepped down as he did on clon..

Didn't seem much progress to report at AGM unfortunately

[brian boru] 27/7/2021 15:34

I'd say more like an episode of the 3 stooges than a pantomime act, Aye!

[lippe] 27/7/2021 14:49

Lippe's lolz pitch ...

Our Tune presented by Dave. An edition of Our Tune typically features a personal letter submitted by a shareholder together with a song that has significance to the person or situation.

Many of these stories, which are read out over Nino Rota's Love Theme from Romeo and Juliet have a tragic narrative such as poverty, financial ruin, mental illness or suicide, although not all end on such an unhappy note ...

[3mio] 27/7/2021 13:47

Will it be yet more spin from DH from the AGM Ken like we now have got used to where such is backed up with no substance. Or will DH realise with the correspdoence over the last number of weeks that a significant number of shareholders have simply lost patients with the "jam tomorrow" from DH which given the years have passed has now more or less become a pantomime act by DH.