heading towards 7p as predicted by you know who! |
If OK with you Purple we'll stick with drill results and old CPR until the new CPR comes out. But thanks anyway.
Not sure anyone has ever referred to Morocco as being a graveyard. What will be a graveyard however will be all the European windfarms where they are allowed to development without decommissioning cost provisions. |
PROtard 20+year losing streak continues.... You could make this guy up .... Honestly !!! |
No need to feel sorry for investors here. |
Bet you are pleased you didn't take that bet John Henry... genuinely feel sorry for you guys that got sucked in by scammer Protard... |
Lots of clarity on funds , timing of testing, sands to be tested and direction of Presale. 50 mmcf/day upper end way beyond expectation and at that level would produce $360m post tax profit per year maybe more without delivery costs. Good business to sell if the flows support that. Market seems intent on valuing this a sfa until flow testing.
Buffet : Wealth transfers from impatient to patient.
Trinidad cpr in December might surprise as they seem keen to crack on production there in 2024. Use funds from here to drill Jurassic. Not sure Morocco will not be swallowed up by major before then with contingent consideration on the Jurassic. |
Am in for some more at this price. Hopefully Paul finally delivers in January. Fingers crossed |
neo26 SDX need the money from the divestment to move forward....How long will that take? You also don't know the sales price.... |
Sdx are producing around 2.5mmcfd and will drill 10 wells in 2024 to increase this.Sdx are the only gas producing company in morocco with infrastructure.Decmber for sdx and january prd.Sdx are disposing there egyptian assets for 10m plus and there mkt cap 8m. Oversold territory.. |
genuine mistake, incompetence or nasty tricks - we'll never know |
They should have stayed in that seedy little bar, with their chewing gum and string. |
The force is strong here.
Nobody believes the management if the share price is anything to go by.
The "experts" got it wrong again.
Wasn't there supposed to be flow rate results by now.
Anyone think there is a world class seal keeping the lies hidden?
Untrustworthy.
Be careful. |
Prd holders should look at sdx, they are the only producers in morrocco and own the only pipeline in country.Has recently been oversold due to egyptian issue. They are selling egyptian asset by end of dec. The sale figure hasnt been released but its "significantly" higher than 6m pounds. As per rns.Mkt cap only 8mThis will double by end of dec.... |
Nappy wetters out in force again. PG and team working flat out to get meaningful progress and have achieved that on several fronts. Unrealistic and clueless pundits abound. Clearly got zero idea how difficult and bureaucratic the environment is in Africa. Some investors just need to grow a set |
Agree Jungmana, they've got 4-6 weeks to sort themselves out. I can't cope with a lack of punctuality in my personal life and in my business it's priority. |
They have an agreement in place so that is positive!I guess people caught on credit are panicking |
Well January is 4 weeks way and let's hope finally the testing starts |
"3 years and shall be subject to an absolute cap of 1.4 million cubic metres per day (equivalent to 50 million cf/day)" a |
It equates to 1.4mmcfd |
OK, 2nd RNS today arrived late - cancel my above comment! |