Petrotal Corp PTALF

Consistent Lift of 11,000 BPD til May 13th

[nel12]

https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+L%C3%ADquidos.pdf?MOD=AJPERES&liquidos

[Bean_and_Dunn]

Lift and sale of 142,330 barrels for May, so far. Oil prices have averaged about $65 U.S. per barrel. Profit per barrel of ~$35 Profit for 13 days in May so far is $4,981,550.  The well just drilled will be fully paid off by the end of May. There are 28 times 13 periods in the year          365/ 13 = 28.  28 times $4.98 million equal $140 million profit for

[hart.marco]

So basically predicting a P/E of 1!  Find another oil company out there with that kind of P/E and this much positivity just won't happen! 

[MorningCat]

Institutions selling, and also there are warrants from last raise to be aware of.  I'll include more data when I have the chance.

[Bean_and_Dunn]

So approximately 70 million new shares 16 pence equals $0.253897 So if they convert and sell at $0.265 they have a little better than 1 cent per share profit with no additional risk and no cash outlay. Nice! "On June 18, 2020, the Company completed an equity issue, raising gross proceeds of approximately $18 million (at 10 pence per unit) upon issuance of 141.2 million of units. Each unit

[Kramerkarma]

if anyone is wondering the oil production for all of peru has averaged 40k b/d this month. The left leader wants cheap nat gas and tax revenues from Copper. Oil is small fries. Even nationalized your talking 30$/bbl on 40k barrels essentially PXT.to q1 results. Impressive for a small company 2.5B$ EV (q1) but not enough to sustain a country. Copper has much more sales. We're just caught in the