Petroneft Resources Share Discussion Threads

[seangwhite] 13/3/2015 08:08

SteelFair comment, now lets see how the next few bits of news confirm the plan to get the Company actually producing decent quantities of Oil for a change.There are now a few big holders looking over the BODs shoulder and this may help their efforts.VGLTA

[steelwatch] 12/3/2015 22:09

sean - any transitory share price advantage from directors buying would be blown away in no time without operational success, which is all that really matters, so why keep harping on about it?

[seangwhite] 12/3/2015 21:59

DbThe last time any Directors bought was in the last placing at 5p and let's face it they had to buy some at that time.I find it hard to believe that since then there has been no window to deal especially with the share price well under any option price.VGLTA

[dbarr0n] 12/3/2015 19:25

The last director dealings were in October 2012, they were in farm out negotiations till mid 2014 and since then have been drilling etc so there has not been an opportunity for them to buy and I don't see them being able to buy till at least after the reserve report on licence 67 has been published.

[seangwhite] 12/3/2015 16:52

Db It seems likeforever that they are in that bind -though it is hard to believe there was no period when they could buy in the last few yearsVGLTA

[dbarr0n] 12/3/2015 13:30

sean...
Its simple, the directors cant buy at present.

[seangwhite] 12/3/2015 09:48

Well what's the odds on news next Tuesday as even if its decent news it will have little effect on the share price in the current market disdain for E&PS (especially Russian ones)Still no BOD buys so we can only assume the worst on how committed they seem to be.VGLTA

[ravin146] 11/3/2015 15:54

Yep hence the c. 50% drop since sept 14...if this breaks Brent 50 dollar barrier then next support is no where to be seen. Front load production boost btw, so could see sharp fall till June and then bounce back at current levels. Casino really.

[rockin robin] 11/3/2015 08:18

The U.S. ceasing it's 40 yr old legislation re 'not exporting oil' is a game-changer...

[ravin146] 11/3/2015 06:44

Crudde, who said OPEC will?

[crudde99] 10/3/2015 18:25

ravin146.....It's hard to see any OPEC cut as it would only serve to bolster US shale industry. What OPEC would gain by any cut would be very short lived as they would also be throwing a life line to the US shale who are also competing for limited market share.....?????

[ravin146] 10/3/2015 18:06

Rct yes, thankfully here results since nov 14 have been ok/surpassed expectations, Russia situation deteriorated and oil collapsed. Near perfect storm...but management have pulled off good results since then. The only real known issue is, unless OPEC change stance dramatically, oil will fall further, or average $50-60 for the next 12 months. Though things could change in a matter of days, as seen in the past. But this is a different chess game. Hopefully the horizontal wells, upcoming reserve update boosts the sp!

[seangwhite] 10/3/2015 09:40

Looks like it will be next week before the next update and progress news RNS from PTR.Maybe they are saving it for St Patrick's Day so hopefully we can all have an excuse to celebrate the on going success of the BODs hard work as reflected in the share price finally getting back to the last issuance level!VGLTA

[rcturner2] 10/3/2015 08:32

Hopefully we can all rise above personal attacks.

PTR's share price over the next 12 months will depend almost entirely on the drill bit, the price of oil and the Russia/Ukraine situation.

[tens machine] 10/3/2015 08:20

As per my post yesterday spread just widened again just market makers trying to create interest

[ravin146] 10/3/2015 08:15

^^^need I say more, I knew you'd be trouble. Good luck to you on your trade.

[rockin robin] 10/3/2015 08:13

Err. Kids. ..More importantly, we're blue...

[tens machine] 10/3/2015 07:51

my shares are bought and paid for, in profit already thanks .why so bitter.... does it hurt you?

hardly pumping it you clown i only posted once yesterday! furthermore you are so so niave/amatuer if you think posters on BB can shift prices.

it will come down to the drill bit/newsflow

have a great day, off to have a look at a new merc

[ravin146] 10/3/2015 05:58

Ten...your last sentance is making you sound desperate. You can pump this stock as much as you want...won't work lol

[tens machine] 09/3/2015 19:20

Poor 80k traded today , spread closed up hence drop . Nowt to worry about.

Confident this is being turned around as we speak. Positive here

[rockin robin] 09/3/2015 18:53

Ups & Downs of the oil market..

[seangwhite] 09/3/2015 18:42

We are due an RNS shortly so we will finally see where we are going - let's hope it is up.

[crudde99] 09/3/2015 14:15

Let's hope not...!!!!! What we don't want to see now is a couple of percent decline per day over a week or two only to find ourselves back again where we started (price wise) a few days ago.

[ravin146] 09/3/2015 12:01

I reckon, we will drift back to 3.85 level, it was purley an exchange of shares last week, *(where from no idea) but premium paid, teh reason why we had a spike, imo.

gla