Petrel Resources Share Discussion Threads

[apfindley] 13/5/2024 09:18

Is there any more nonsense you wish to make up? .LIES• Petrel has fine-tuned its Iraqi proposals, following feedback. We have contractors and suppliers identified but seek improved fiscal terms to attract partners.LIES• An updated Merjan oil field development proposal has been submitted to the Ministry with a view to finalising a licence agreement.

[apfindley] 13/5/2024 09:15

Lol major deal?NOMajor suckered-in by the lies of the pumpers perhaps?

[palwing32] 13/5/2024 08:56

Oh dear...

[palwing32] 13/5/2024 08:55

You only just worked that out?

[goggin] 13/5/2024 08:54

There's more to this than meets the eye. If this really was the end then they would have had to put out an rns. The fact they haven't to me means a positive, however, never ever buy or possibly sell based on what you read on a bb. Everyone has an agenda.

[apotheki] 13/5/2024 08:40

Financing

The directors and their supporters funded working capital needs, and are prepared to participate in any necessary, future fundings.

The board expects to add another one or more Non-Executive Director with the next major deal.



MAJOR deal?!?!?

[apotheki] 13/5/2024 08:39

but perhaps just perhaps a pure exploration play might just might offer more enticing terms on a risk/reward basis?

[apotheki] 13/5/2024 08:38

• Petrel has fine-tuned its Iraqi proposals, following feedback. We have contractors and suppliers identified but seek improved fiscal terms to attract partners.

• An updated Merjan oil field development proposal has been submitted to the Ministry with a view to finalising a licence agreement.

• Fiscal terms in the Middle East still reflect historical conditions rather than current market realities. Politicians are slow to agree contractual terms that maximise value for all parties.



Perhaps the actual terms on offer were just not attractive enough to PET?

[goggin] 13/5/2024 08:26

There's more to this than meets the eye. If this really was the end then they would have had to put out an rns. The fact they haven't to me means a positive, however, never ever buy or possibly sell based on what you read on a bb. Everyone has an agenda.

[ianio5691] 13/5/2024 08:22

If no submissions or bids have been made for any of the licences - why was a 'no known reason for the rise' RNS not issued last week?

This is nothing other that a total scam and lifestyle Company, kept on life support for the benefit of unscrupulous directors.

[apotheki] 13/5/2024 08:20

Buying opportunity?!?!?

[the diddymen] 13/5/2024 08:16

Looks like PET will deliver again. A blank canvas of narrative which gives scammers an open house.

[maxk] 13/5/2024 08:14

Hiya Curry

Hows your luck?

[jimduggen] 13/5/2024 08:12

NT to sell !!!!!

Horgan!!!

[monis] 13/5/2024 08:07

tree shake?

[apfindley] 13/5/2024 08:04

Oh dear.The pumpers game has halted.People now realising they've been duped by lies and non existent connections yet again.Even the Fake Sheik was apprehensive about this latest pump attempt.

[fenners66] 13/5/2024 08:04

And those "marks" that bought at well over 3p - should have read this board instead of the fanboy stuff on the other one...

[currypasty] 13/5/2024 08:04

who was pumping this ?

[bibdaddy] 13/5/2024 08:02

Market says it all

[apotheki] 13/5/2024 07:55

Good luck to all PETters!

[apotheki] 13/5/2024 07:53

but something must be going on in the background....

[apotheki] 13/5/2024 07:35

www.confused.com

[apotheki] 13/5/2024 07:33

28 September 2023



Petrel Resources plc

("Petrel" or the "Company")

Appointment of Nominated and Financial Adviser



Petrel Resources plc (AIM:PET), is pleased to announce the appointment of Strand Hanson Limited as the Company's Nominated and Financial Adviser with immediate effect.