Hi Pro_S2009,I hope that you're well and enjoying your weekend?As an avid follower / supporter / prophet of Oilman Jim, then perhaps you'll be kind enough to confirm the following:Who is Oilman Jim?What is his qualifications, experience etc which allegedly makes him an O&G industry 'investment expert'?Why does he have to hide behind a cloak of anonymity?Very simple and straightforward questions, sure that you can answer them!?GLA |
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lse, trifle: We need satellite images of the negotiating table |
The force is strong here.
Everyone should be reassured that there is no cash raise required.
If there was, Paul Griffiths would be sat upon his charger with the sword of righteousness in his hand.
Be careful. |
There is demand yes.......but its not all about demand......its about selling the product for the best possible price. |
Utter tripe, I'm guessing you haven't listened to a word Griffiths has said about the Moroccan gas markets. |
Back to 6p possibly |
When is the best time to strike a deal ? When gas prices are highest and demand is strongest.
What is the benefit of having proven flowing gas - and nobody to sell it to ? This makes you weak..........desperate for any price......and you will get a low price.
So when people ask why is Paul getting an agreement first - its because without a sales agreement the gas is worthless and can stay in the ground, no rush. Its not losing value.
He is simply the largest PRD shareholder trying to get the very best price he can before he starts spending money on anything further. The longer he sits on it and waits for people to be desperate for gas, the higher price he will ultimately get for that gas.
He is not a day trader, looking for a quick rise and run away. He is looking to get the best possible pricing for gas for the shareholders - of which he is the largest. |
It must be one heck of a deal going down.
Otherwise we would have heard something by now. |
Lighten up ! |
Both considering a punt on HE1 |
oh yeah.. still flipping |
I thought 6 was the new 13 |
One playing piano the other sitting on his own drinking sarsaparilla.
Both surrounded by cigarette Butts. |
Worth a read https://www.oireachtas.ie/en/debates/debate/dail/2023-11-16/2/ |
Very wise and helpful words Helpfull. You should consider a career as an oil and gas consultant. PG needs somebody like you to guide him. |
The force is strong here.
The trouble with fingers in three different pies, Trinidad and Ireland and Morocco, is the cash needed simply to get them to the starting line.
If there is a lesson to be learned from the recent 11p (ELEVEN!) cash raise it is that the share price cannot take another cash raise, whatever it is for, without detrimental consequences to shareholder holdings.
The cash required around CNG is not insignificant. And will require cash initially before any finance can be raised in the present environment.
Shareholders bury their heads in sand and dream of negotiations with Big Oil for massive amounts of gas (which have not been verified by flow rates yet) and some speculate about oil before a single drop has been found.
Better to concentrate efforts and try to get one thing achieved and verified and over the line first, if at all possible.
Be careful. |
Anybody read the Irish Energy review? Looks very much as if Mag Mell is on....and being accelerated. Now where do we think the non fracked gas is going to come from to fill the floating LNG storage vessel? Does it feel as if everything is coming together at the right time? |
Nah, not on a Friday. |
News tomorrow. |
silk purse and all that ! |
Exciting days ahead. 20p+ looks nailed on. |
Hurricane Energy was once a stock market darling.
Do hope this doesn't turn out the same. |
Surprised there no update after the publication of the energy security review for Ireland, after a long wait. That is not as negative for the industry, or holders of existing licences, as some expected. |
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