President Energy Share Discussion Threads

[brasso3] 08/9/2022 11:28

Why would new investors buy PPC shares when their oil production is not exposed to international commodity prices? PPC went in too deep in Argentina and has failed to diversify its O & G business. The small exposure we had to international oil (USA production) prices has mostly been offline in the last 12 months.

[shabs2] 08/9/2022 09:41

I think PL owns 12% of Igas and that is flying.

[chris cat] 08/9/2022 08:48

Union Jack Oil today, all over twitter with recent results. I have no idea if Union Jack Oil is a good company or not, just stumbled across the post on the train this morning. PPC allegedly profitable and cash generative yet no promotion. Lets assume that I am a new investor looking at AIM O&G co's, what on earth would compel me to buy here if I started my research from scratch. We have managed to issue bonds, so the bond holders must have seen a plan to convince them that they would get their money back, or is it just better than watching Argentina inflation erode away their cash. Our failure on promotion and marketing is beyond astounding.

[brasso3] 08/9/2022 07:54

There has been no correlation between the PPC and ATOM share price to date. The ATOM share price more than doubled from sub 60p to above 140p from February to May. There was hardly any reaction in the PPC share price.

bengal18 Sep '22 - 07:39 - 6316 of 6316

Brasso, what do you think will happen to the PPC shareprice when ATOM doubles.

[bengal1] 08/9/2022 07:39

Brasso, what do you think will happen to the PPC shareprice when ATOM doubles.

[bengal1] 08/9/2022 07:36

Brasso. PL is building significant relationships in Paraguay, both commercial and administrative. Dont you think this is important when you want to drill a hole in their country. Really! Also presenting at the Investors conference, yes as ATOM Chair but the networking is invaluable.

[brasso3] 08/9/2022 07:24

22 days until Q4...

[brasso3] 08/9/2022 07:24

What does this news have to do with Paraguay drilling for oil?

bengal18 Sep '22 - 07:05 - 6311 of 6312

More ATOM news. Looking good. The Paraguay relationships growing. Surely good for PPC drilling.

[all in eol] 08/9/2022 07:11

Paraguay progress with two MOUs signed with potential long-term customers

ATOME Energy (AIM: ATOM), the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large-scale industrial projects as well as hydrogen mobility projects in South America and Europe announces the entry into two significant Memoranda of Understanding in Paraguay. The MOUs are timed to coincide with the Invest in Paraguay conference currently being held by the Government of Paraguay in association with the Inter-American Development Bank and at which ATOME's Chair, Peter Levine, is speaking.

[bengal1] 08/9/2022 07:05

More ATOM news. Looking good. The Paraguay relationships growing. Surely good for PPC drilling.

[brasso3] 07/9/2022 22:04

WTI fell from $87 to $82 today (Brent down $93 to $88). It has now broken down so could easily head back to $60/ barrel. PPC have hit record debt levels as oil is starting to roll over as the major economies enter recession.

Instead of addressing real issues with PPCs existing business they will focus their efforts on lithium, name changes, consolidations...

[piperpeter] 07/9/2022 22:02

Large Shareholdings in PPC;

PLLG Investments Ltd...............29.22%
Urion Holdings (Malta) Limited.....16.67%
Schroders Investment Management.....8.95%
Michinoko Limited...................7.21%

Total..............................62.05%

Shares in issue 2,058,074,484

Details as updated on PPC website, 24 August 2022.

Pp.

[piperpeter] 07/9/2022 21:18

Molecular Energies Limited.

Company number - 14257828.
Incorporated - 26 July 2022.
Nature of business (SIC) - 64209 - Activities of other holding companies not elsewhere classified.
Officers - Richardson, Daniel.
Persons with significant control - Mr. Daniel Richardson.

Pp.

[brasso3] 07/9/2022 21:07

Will he be turning molecules into atoms?

[crimestoppers1] 07/9/2022 18:50

no name change will solve the corruption issues facing PPC and PL in Paraguay. it will only accelerate it as a decoy to hide the real issue. more documents to be released ....stay tuned......

[lr2] 07/9/2022 18:13

This is a replay of how he got on board at Meridian. Consolidated Meridian down to 16 million shares upon arrival before expanding to the current 2 billion plus shares. Good luck to the holders, here's hoping he's got more idea of how to grow Molecular Energies.

[barony] 07/9/2022 16:56

PL you’ve got the hang of making the share price drop. How about trying to learn how to make the share price rise please??

[investorwil] 07/9/2022 16:17

Looking good for the cheap take-over.

[brasso3] 07/9/2022 15:31

Rob is getting 116 shares as per todays RNS!

'To effect the Consolidation, it will be necessary to issue 116 Additional Ordinary Shares so that the Company's issued ordinary share capital is exactly divisible by 200. These Additional Ordinary Shares would be issued to Group Finance Director, Robert James Shepherd. Since these Additional Ordinary Shares would only represent an entitlement to a fraction of a New Ordinary Share, this fraction would be sold pursuant to the arrangements for fractional entitlements described below.'

[chris cat] 07/9/2022 15:25

We are almost back to our 52 week low and still no board purchases to show faith.

[brasso3] 07/9/2022 15:11

I think they could have got this to 5p just by confirming that there will be no more drilling in Argentina, committing to paying off the IYA loan and spudding Paraguay on time.

Instead the BoD approach is to muddy the water with name changes and consolidations! The real irony is though that they already tried this trick 9 years ago (MRP > PPC) and it failed then too!

[super y] 07/9/2022 15:05

Not really Brasso. Just hoping at this stage but would have thought it easier to move the price from 1p to 5p rather than £2 to £10.

[brasso3] 07/9/2022 15:03

1.2p x 200 = 240p

[shabs2] 07/9/2022 15:00

Will be happy if it goes from £2 to £5 after consolidation.

[brasso3] 07/9/2022 14:53

Super Y

I guess you are happy with the latest distraction (name change & consolidation)?