www.presidentpc.com

Producing Oil/nat gas from the ELV field/USA....45% of Oil/Gas produced hedged at $100/bbl and $10.90 per mcf)




Drilling ELV.....Suspended until gain consent for sidetrack...casing and wellhead left in for future re entry

3D Seismics have been shot on PEL82 Otway Basin Australia....results are excellant!
PEL 82 Potential resource increased from 150mbbls Oil tooooooo 430mbbls Oil!



Also trading on Plusmarkets
http://www.plusmarketsgroup.com/data.shtml?ISIN=GB00B3DDP128/GBX/PLUS-exn

Maybe, but for the moment the chart says 40p, imo.

News flow will dictate the chart direction, so the sooner we have a RNS updating PEL82, ELV, fresh targets etc etc, the better. Held up surprisingly well, so far, since the 25p raising however there has been some confusion with the speed that the new shares have arrived in investors accounts which could be partly the reason for the strengh of the sp.

You must be looking at a different chart

it would have to break through about 4 resistance levels to hit 40p and drop the mcap by around 5 million

more chance of 70p than 40p

Not a lot of trading today, although I haven't looked on Plus, so sp has done well to hold it's ground now that all the new shares are tradable at 100% premium to purchase price of 25p.

My answer to post #6 is that you are looking at a chart of MRP. PPC is totally reorganised with different objectives & capital restructuring.
I may be wrong, but I can see nothing on the immediate horizon which will boost the sp & it's likely that over the Xmas period together with a lack of any spectacular news that the sp will drift, as it has already done. I concede 40p may have been an over optimistic entry point!

You may well get your 40p entry Harry...all depends on news flow during December and should it drift that low then I will look to top up with you.

You may well get your 40p entry Harry...all depends on news flow during December and should it drift that low then I will look to top up with you.

you contradict yourself harry

No news...small drift.

Small rise this morning....in need of some useful news however for a sustained re rate in the sp.

Held 5% rise today with little selling. Gimme news.

Soon Chav. Soon.

Gimme news..now now now

Now would be nice but we've been waiting sooooooooooooooooo long what's another wee while? Merry, and I mean merry, Christmas to all those who wait!

Thank you Maggie. Merry Christmas and a happy New Year to you too.

Merry Christmas and a prosperous New Year for all the PPC holders that have kept the faith through the dark days of MRP......full of hope last Christmas and still full of hope this Christmas....Bring on the news SG.

Still quiet on the news front but a bit of buying so someones still interested.

Some healthy sized buying here today.

Nudging up a bit more today....steady away!

It's going to get interesting real soon Chav. I could only get an on line quote to buy 100 of these shares towards the end of today. The price isn't going to hang around at this level if any kind of good news gets released this month.