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PMI Res Ltd V.PMI

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  PENYF

"PMI Resources Ltd, formerly Petromanas Energy Inc, is an international oil and gas company. The Company is engaged in the acquisition, exploration and evaluation of oil and gas properties in Albania, France and Australia."
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0 stars

RE:RE:The Rig We should have gotten 5 years ago

I'd guess, they are updating the web page to PMI Resources Ltd. New name, New look..  But just my guess.  rate and reply
0 stars

RE:RE:RE:Who the he!! is buying this stock...............

good40 wrote: Current cash is no more than salaries. Gas exploration in France you probably can't give away in the current climate. If they choose to go forward, they are commited to 11 million...read more
0 stars

RE:RE:Who the he!! is buying this stock...............

Current cash is no more than salaries. Gas exploration in France you probably can't give away in the current climate. If they choose to go forward, they are commited to 11 million Euros over the...read more
0 stars

RE:Who the he!! is buying this stock...............

It's not that inflated mate... It's got 56 cent CAD in cash... If you give some value (2 million US) to the French asset, it's fairly priced.. If the management announces a good...read more
0 stars

Who the he!! is buying this stock...............

at these over inflated stock price. Absolutely shocking!!!!!!!!!!!!!!!!!!!!!!!!!!!!  rate and reply
0 stars

RE:The Rig We should have gotten 5 years ago

Nice image. Did anyone else notice the webpage is no longer reachable? Glitch or by design.  For anyone in proximity to the Calgary office - does the telephone number still work.  rate and reply
0 stars

The Rig We should have gotten 5 years ago

  rate and reply
5 stars

RE:RE:RE:RE:RE:RE:Value

From their Audited annual financial statements dated 31-March 2016 License agreements held by Petromanas Energy France The Ledeiux and Ger Permits renewals were approved on February 5, 2015 for...read more
0 stars

RE:RE:RE:RE:RE:Value

Hey Frankie... I remember reading that somewhere as well... They had to spend a certain ammount (exploration most likely) by a certain period (was somewhere in 2017) in order to keep the asset...read more
0 stars

RE:RE:RE:Buyout is very difficult to see here..............

sorry about the grammer should read they could grow the company my head around  rate and reply
0 stars

RE:RE:Buyout is very difficult to see here..............

maybe so but definitely not worth 74 cents at the close of today IMHO. Now maybe they could go the company into that valuation but as it stands right now I just can not get y headaround that valuation...read more
0 stars

RE:RE:RE:RE:Value

I agree that the company can abandon the asset, and then not have to invest 11 million euro into the French assets. Therefore, I would like to first point out you just proved yourself wrong - the...read more
0 stars

RE:RE:RE:Value

They could give up the French license and would not be required to pay 11 million Euros. They could keep the license and would be required to pay 11 million Euros. If you want to suggest it's an...read more
0 stars

RE:RE:Value

Hey Good40,  I appreicate the response, regardless how off point and void of reference. Can you actually do me a huge favour and provide a source(s) detailing the nature of the commitment of 11...read more
1.5 stars

RE:Value

If they were able to sell their French assets, then their financial commitment over the next 2 years would be part of it. They are required to pay 11 million Euros. Subtract that from your estimation...read more
5 stars

Value

Baffling that some believe this company is worth nothing.  If you refer to the company's financial statements, presented in USD, subsequent to the distribution the company would be left with...read more
0 stars

RE:Buyout is very difficult to see here..............

not so... there still is value here...  rate and reply
0 stars

Buyout is very difficult to see here..............

  rate and reply
0 stars

RE:WAITING FOR A BUYOUT $$

It's a shell company, basically zero assets. Current price is a gift.  rate and reply
1 star

WAITING FOR A BUYOUT $$

Distribution completed. Consolidation and name change officially completed, etc., etc., however, unless the cost for software updates is different in Canada, one would imagine PMI Resources could...read more

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