Petroneft Resources Share Discussion Threads

[spudders] 06/10/2021 17:18

Good to hear David Sturt very bullish on L67, I’m not so sure we are being lined up for a sale after hearing the interview, either way we’re on the up and that’ll ding dang do for me 😀 GLA

[tom111] 06/10/2021 17:14

Share cap £33M seems way too low given what they have here in comparison what other oilies offer with S/C of 75M plus

[kevjones2] 06/10/2021 13:48

Indeed, Sean. I noticed David Sturt referring to an unnamed "bigger" oily next door. I know Rosneft is in the area but I don't want to run away with myself!

[seangwhite] 06/10/2021 12:26

Well Kev the move to sell PTR seems to be moving forward with good news coming on a regular basis. It is hard to see a selling price in single digits if resources update is good. The current oil price makes any field investment very attractive with a short time frame repay period for a purchaser.

[kevjones2] 06/10/2021 12:12

No prob, Toon. I think a sustained effort on 4p is on the cards. That was a very positive interview with David Sturt.

[thetoonarmy2] 06/10/2021 10:56

Kev thanks for the link quietly confident is Mr Sturt i can genuinely see a bid coming for PTR in the near future

[tom111] 06/10/2021 10:39

Just need those new reserve figures which are imminent to get this moving sharply north imo

[kevjones2] 06/10/2021 09:50

Extremely positive from David Sturt.

[jfreshfield] 06/10/2021 08:56

Interestingly he didn't chat about export finance for L61.

[parknas] 06/10/2021 08:47

CEO David Sturt joins DirectorsTalk.

[seangwhite] 06/10/2021 07:40

Where was interview this made available?

[jfreshfield] 05/10/2021 23:06

Enjoyable listen. So much potential

[1utah] 05/10/2021 21:25

New interview released today seems to have been missed by investors.

Its a great listen and this company is now clearly in safe hands.

Huge potential !!!

[jfreshfield] 05/10/2021 18:08

Chart still looking fab.

[tom111] 05/10/2021 11:52

MOved the sell to 3.60p things are looking up

[tom111] 05/10/2021 11:52

MOved the sell to 3.60p things are looking up

[tom111] 05/10/2021 11:35

I tried a dummy buy for £20000 went NT not much stock available it seems

[seangwhite] 04/10/2021 19:29

It seems to me that the management are playing the preparation for a sale well and with the oil price going up these in tandem only make for a decent price.

[jfreshfield] 04/10/2021 17:57

I think they didn't help themselves by not giving the market a fuller update in the rns so you had to go and find it elsewhere. That said, plenty of news to come not least contractor news on the L67 development

[spudders] 04/10/2021 15:51

Back in the doldrums again ☹️ I have to say the new team are gradually reinstating our ‘Ronseal’; title. Once reserves report updated maybe we will head North again. GLA

[tom111] 04/10/2021 12:55

Very quiet here until reserve results then see what happens!!!

[filterwest] 02/10/2021 10:25

Totally agree, that's was 6 months. Oil price is currently around 80$. I can see upside.

[tom111] 01/10/2021 19:01

The half year report was backward looking oil has risen sharply since April and things are beginning to look rosy.All we need now is a good reserve report and they wouldn't be doing that unless they were confident imo