Petroneft Resources Share Discussion Threads

[spudders] 07/4/2019 17:07

When we see an increase in trades I suspect it won’t be that long until we get news of license disposal. It’ll be an interesting next few months under new management!

[thetoonarmy2] 05/4/2019 12:35

What like PTR you mean?

[rcturner2] 04/4/2019 07:35

UEN has been delisted from AIM after the NOMAD resigned and everyone else refused to work with them. Shareholders there appear to have lost everything. These types of company have had their day on AIM, no one is interested in dodgy small cap oilers anymore.

[spudders] 02/4/2019 16:22

Looks like we’ll be sub 1p soon 😩

[spudders] 24/3/2019 11:59

New CEO will be starting tomorrow, maybe things will start to change ?? Director buying would be a positive; but I suppose we could be in a closed period if license negotiation underway. Best of luck all long suffering holders.

[dubhgeannain] 21/3/2019 14:54

There have been plenty of chances over the last couple of years to cry foul re: PTR and many have understandably taken that opportunity. I've held my negative sentiment until now but what I now risk losing from talking down the stock is not worth freaking out over.

Having been saved from the perils of oblivion under a mountain of debt only very recently, things were looking up. Now back to piling on the debt again and no good news in sight regarding exploration or production. It's not looking at all good now and the PIs have been kept very much in the dark.

Petroneft - joined Twitter in 2011 and yet to tweet in a nutshell shows their communications ability. Disappointing but it could always be worse.

[spudders] 21/3/2019 07:43

Have to agree, Looks on the surface not too good for us PI’s. But we are still trading and I pressume still pumping oil! Mr Market will speak soon, let’s hope he can see it as a positive ?????

[kevjones2] 21/3/2019 07:26

This is my initial reaction which could well be waaaay off the mark:

If PTR is sold, say to Korobov, Petrograd (mainly owned by Korobov) get a bonus of $2.5m for "loaning" PTR an additional $0.5m? In other words, if the Licence 61 or 67 is sold €5m is already gone? Also, why no update on the potential sale, or even a production update? Becoming very uncomfortable here.

[spudders] 13/3/2019 12:15

Hi Base, think you summed it up pretty much. Not much we can do expect sit it out or sell and move on. Maybe Brexit has held us back 🤣 best of luck and keep an eye on AMER!

[base98] 13/3/2019 12:02

Hi spudders
What could possibly happen within this Company!
We have a top-heavy Board which is mighty expensive to carry and then we have Senior Management comprising a VP & a Technical Doctor but we don,t get any reports on production progress except the AGM statuatory report and that always seems to carry the "awaiting winter roads" rider.
Natlata made lots of noise/promises until they gained Board membership and since, we have nothing!

We are still awaiting the "promised" update on Reserves and maybe partial/total sell off but the share price is being "eroded" as each week goes by, we all have theories on why!!

Like you & many others, I,ve been here a long time but it appears........we cannot expect anything to happen i.e. anything which represents "progress"

[spudders] 12/3/2019 14:08

🤔 some one got wind of something?

[spudders] 08/3/2019 10:00

Imminent 🙏🏻

[telegraph1] 08/3/2019 08:25

When are we due news

[spudders] 21/2/2019 10:51

As ever with PTR, no news is never good news! On the plus side we are still a going concern. I have no idea how this will play out, but sitting tight just in case a miracle occurs 😆

[telegraph1] 19/2/2019 14:11

Will we ever see a rise in this stock soul destroying at the moment even a small lift would cheer us up

[base98] 30/1/2019 15:16

spudders......Thank you...we need it!

ATB

[spudders] 30/1/2019 13:53

PD does the offski tomorrow! Looking at the share price it’s probably just as well. The big question is who is his replacement. I do genuinely wish PD all the best in the future. The New Chapter promise many years ago hasn’t materialised but now many of the original management have departed maybe things will change. Best of luck all

[telegraph1] 26/1/2019 11:32

Natlata need to pull a rabbit out of the hat to encourage new investors here very nervous at the minute

[steelwatch] 25/1/2019 11:44

Similar thoughts here spudders. Just hope for the best now.

[spudders] 25/1/2019 11:04

Maybe this is what is needed to get things going! Gut feel is we have been shafted and PTR won’t exist as a plc for much longer. The oil is there, along with infrastructure, shame it’ll go for peanuts imho.

[chris cat] 25/1/2019 09:40

As ever I'm suspicious with everything PTR and Russia and its never usually good to see senior management leave however under PD and DF's watch the company has destroyed shareholder value and turned several £000's of millions into about £9m - even Paul Daniels couldn't make that much value disappear

[kevjones2] 25/1/2019 08:31

I spoke with him a few times. It seemed to me his heart was never in it. Btw, did he really jump ship or was he pushed overboard?

[spudders] 25/1/2019 08:24

Hmm, PD has now jumped ship!

[steelwatch] 11/1/2019 05:24

Petroneft Resources (LON:PTR) – 1.27p –
Sturt & Johnson a Solid Team:

News that Sturt will take over as CEO in 1Q seems a little harsh on Johnson, who is more than adequately qualified to do the job on a more permanent basis.

However, given Sturt’s excellent track record in the FSU and Johnson's superb work as COO, we believe that the combination of the two creates significant value for the Company and its shareholders.

While the Company has already disclosed that it is reviewing its options for its portfolio, we believe that the combination of the two makes a successful outcome more likely and if offers are not forthcoming, that the value within the portfolio will be more likely to be unlocked.

[spudders] 10/1/2019 08:02

Agree Steel, will this be the turn around we need ????