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Brent $30....
Premier’s assets continue to perform well with production to the end of February of 76.6 kboepd. Full year production guidance of 70-75 kboepd is reiterated, before the impact of the proposed UK acquisitions....
Update this morning...Everything else is BS. Speculation- Guess work-Opinion
Premier’s assets continue to perform well with production to the end of February of 76.6 kboepd. Full year production guidance of 70-75 kboepd is reiterated, before the impact of the proposed UK acquisitions....
From the Horses Mouth...Everything else is BS. Go PMO!
https://www.proactiveinvestors.co.uk/companies/news/914714/88-energy-gives-charlie-1-progress-update-91471 LATEST UPDATE
Good Move ORM getting out of Barruecopardo when they did. Money in the bank now should be able to pick up some decent acerage. AU
Good that PMO have hedged oil @$64. Saudi Arabia is trying to CRIPPLE Russian oil industry.Russia won't like that also hurts US largest producer....So what happens next.....Attack on Saudi OIL Fields?-Shortage of Oil- Spike in oil Price?...
Shares Hit because of Global Recession Fears.....PMO will bounce back. Hear alcohol kills Virus ? May also take the edge off sharholders Despair.....?
FTSE LIVE: Coronavirus fears cause stocks to plummet again; .......FTSE 250 21,312.......-2.15%
Change today: -467.93
Slalom1... Just for the record I was there but i wasn't applauding. That said I respected the board & Mr Ds efforts but things went wrong. I'm as disappointed as you are and the board. That said nobody made me buy the shares. I believe now this is a second chance.....Let's back the board now and go forward.
Let the shares roll.......1C is no good for me....Am for the new board.....GOOD TIMES AHEAD!
New Guy just got in the door...Give him a chance... SP should rise from now ....Dig in and wait for a plan!
What's the latest update on Charlie 1
Slalom1.....We are where we are.....Things didn''t go to plan....Hope there's no Golden Parachutes for anyone.....Also hope the new board can turn the fortunes of ORM around.....Company is undervalued at present.
https://www.ft.com/content/ff8ccf1e-4d9c-11ea-95a0-43d18ec715f5
https://oilprice.com/Energy/Energy-General/Oil-Prices-Set-For-First-Weekly-Gain-In-Six-Weeks.html
Oil Prices Set For First Weekly Gain In Six Weeks
- Feb 14, 2020, 9:00 AM CST
johnboy_ni ORM shares were suspended about 20 years ago. Before that there was exploration in Africa, which didn't amoung to anything. Then a new board took over with the idea of mining in Spain after that sp was about 6 to 11. Once with news of GOLD they hit .17 that didn't last long after that they drifted.. Then all the talk was about Tungsten and permits that went on for years & the shares drifted. Am hoping with any good news they will go North again. I also think the board are decent people & those new members certaintly are experienced that why I am staying for another roll of the dice.
https://www.aljazeera.com/ajimpact/oil-prices-edge-investors-foresee-supply-cuts-producers-200213172817510.html
Oil prices edge up as investors foresee supply cuts by producers
Attended EGM yesterday . Board took only option available. Majority of shareholders approved. Look to the future or sell your shares Now. Holding now for over 20 years. Hoping for better days ahead
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Ormonde Mining plc
LON: ORM
0.82 GBX +0.099 (13.66%)
Stock in Recovery New Plans on Horizon
Ormonde resolution to approve the disposal of the Company's 30% interest in the Barruecopardo Tungsten Mine, Greeted with enthusiasm by Shareholders.