BOWOOD
08 Mar 2018
Re: What next for PLMO? The toilet seems an appropriate place
wech
08 Mar 2018
What next for PLMO? Doesn't look good.
ybhere
18 Jul 2017
The Placing Interesting, the wording of the Placing. Hamish is taking a fair amount. The wording the Placing has been undertaken with certain private investors.' Polemos, the AIM investment company, is pleased to announce a placing (the "Placing"
of 2,177,777,778 Ordinary Shares of 0.01 pence each (the "Ordinary Shares" at a price of 0.0225 pence per Ordinary Share together with a proposed Director's subscription of 44,444,444 Ordinary Shares to raise in aggregate gross proceeds of £500,000. The Placing has been undertaken with certain private investors.'Bearing in mind Hamish Harris, Donald Strang and David Lenigas have worked together for a few year and all three are on the Board of AfriAg, just wonder if Donald and David are having a piece of the action. Particularly so if you read the News from Doriemus where Lenigas sold a small part of his Doriemus to raise about £27,000 if my maths is correct.AfriAg has recently invested in Medical Cannabis farming. Perhapswith Polemos they are going in to farming, grow their own 'rollies'.Interesting investment at Polemos. I'm in and holding.YB
wech
20 Jun 2017
Level II Any Ideas why having a volume yesterday of 75,679,320 nothing sow up on 'iii - Level 2' for trades?
wech
19 Jun 2017
Post from LSE site by 'draft' ' warrant to subscribe for a new common share for a period of two years at a price of CAD 55c.In addition, under the terms of the term sheet and conditional on compliance with the rules of the TSX, subject to a floor price of CAD 30c, the effective price at which the Investment is made can be varied to represent a discount of 20% to any further capital raised by Oyster within 12 months of the Investment. It is also expected that Oyster will seek admission to AIM in due course. Hamish Harris, a director of Polemos commented: "We are very pleased to have been able to participate in this financing at what we believe to be advantageous terms ahead of Oyster's potential dual listing on AIM. Given Oyster offers not only a large, multi-billion barrel prospective resource at what we believe to be a compelling valuation but also an extremely able management team, we are confident the intended move to London could see a substantial revaluation of the company along the line of other TSX oil and gas companies that have moved to AIM recently.'Seems very interesting if it is the case and wonder if PLMO will also see a rerating happening.
wech
16 Jun 2017
Article of Interest with con. Oyster [link]
UrashimaT
14 Jun 2017
Fakes Fake investment by a fake investment company (Polemos nee Plus Markets) on a fake stock exchange (AIM).Cheers
wech
13 Jun 2017
Re: Investing in Oyster Must have missed that - sorry
BOWOOD
13 Jun 2017
Re: Investing in Oyster They have raised cash - read the RNS
wech
13 Jun 2017
Investing in Oyster The company plans to invest c£500,000 in this company, according to the balance sheet it only has the cash eq. of £175,000. So are they investing on the back of a debt borrowing scheme. If not 1) Where is the extra #350,000 coming from and will the company have any cash left at the end of the deal?
wech
13 Jun 2017
Cant believe fallen 30% in a week What is going on with this company bring back David Lenigas.
wech
13 Jun 2017
Sell if Results continue Loss of £120,000Admin expenses of £269,000Cash falls from £207,000 to £175,000Retained earnings (£37,739)Operating Cashflows (£135,000) to (£267,000)
wech
09 Jun 2017
Bellzone Mining plc After news yesterday up from 0.34p on 06 June to and open this morning of 1.60p which is an increase of 470% in 2 days.If this happens which PLMO could be back up to 0.106p - could happen if things work out.At the moment this share is looking concerning but just comparing a reaction if it happened.
wech
08 Jun 2017
Re: Another TR 1 and results are out I do find it strange to release after trading is it the fact the comapny are not happy with the figures as normally premarket is better as I find late afternoon announcements are normally bad news and gives time for the s/h to digest.
wech
08 Jun 2017
Another TR 1 and results are out Interesting to see Pelamis Investments Limited hold 75,000,000 shares in Polemos PlcMr. David Christian Steinepreis disposed of 95,000,500 shares in Polemos Plc in his own name as of yesterday 7th June 2017, he is a director of Pelamis Investments Limitedand Results are out. What should one make of the sale??? Could be some further downside, hopefully not too much and now these are out the way hopefully as a company we can begin to move forward, seeing a rise in sp.Worried about the sells of shares, but one the otherhand these comments also showed:1) No one is interested in tiny % stakes.Talking to management of OTC I think they made that quite evident as well.The share price is very telling. PLMO at all time lows and likely to go lower.2) investing most free cash in oyster?Hamish got one thing correct. There is significant interest in cobalt and Lithium.But i can't see much uplift here with Oyster not in the short to medium term. And Hamish wants £500k in it at 50c.I see pelamis are selling out. 3) isn't the hope that they invest in Oyster who subsequently list on AIM, increase in value and increase PLMO SP?4) Looks to me like Hamish is intent on investing £500k in oyster.Surprised at the new non execs agreeing to it. The whole point is to increase value here by also increasing the sp in PLMO.5) and seller RNS.Seller has 75million left ( If seller has 75 million left can't be long until an uptick)6) £770k.. with an intended investment into a company with multi billion barrel assets.A proportion of recent investment will have jumped in off the back of the talk of an RTO and big gains in the short-term. The TR1s suggest confidence and an indication of things to come but maybe more as a medium term buy, at these bargain prices, and hold?BUY , HOLD, SELL who knows - can't see these going much lower though. At least the reslts are out - lets move on and see if we can change this company. It looks like companys are buying into PLMO.Oyster 3.9%---------- ---------- -The investment was made on the basis that Oyster intended to list on AIM as soon as practically possible. The board's view was that given past experience of oil and gas companies migrating to AIM this would most likely see a dramatic increase in liquidity and likely a decent increase in market cap. (Positive to see movement on the UP) Financial Review During the year, the Company made a loss before taxation from continuing operations of £269,000 (2015: £149,000). There was a weighted loss per share from continuing operations of 0.02p (2015: loss per share of 0.02p). Cash and cash equivalents at 31 December 2016 amounted to £175,000 (31 December 2015: £207,000). (Concern loss is increasing)OutlookYour Board is continuing to review a number of other investment opportunities in accordance with its investing policy and further announcements will be made as appropriate. The Directors are pleased to present the Strategic Report on the Company for the year ended 31 December 2016.
