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! |
Now, I'm really curious - this appears to be the 'wellhead' agreement referred to in the last RNS. Is that the same as, or additional to, the 'industrial' agreement mentioned there as a prerequisite for the start of flow testing ? Have 2 MOU's been signed? - Super Cérame was widely flagged as the 'industrial' customer, and it was floating around the market, from whom I consider to be well-informed sources, that this was signed over two weeks ago. Maybe it was not felt necessary to RNS this first agreement, since it was already indicated as pretty much a done deal in the previous RNS. If these rumours were true, it would be reasonable to expect that flow testing has been ongoing for some time, given that 1. everything was said to be ready to go, and 2. mention of testing is conspicuous by its absence in today's RNS. I guess Paul might let us know one day. |
MOU signed and rigless testing begins in January ( hopefully)-- Rigless testing programme re-scheduled for January 2024 |
🦖😁 Up to 50 mmcfgd is very good for one agreement. "Presumably" flow testing is underway. |
Suspected trolls:Amaretto 03 Mar 2004Pro_S2009 08 Aug 2009Badgateway 25 Oct 2015Ohdearohdear 18 Mar 2016Helpful 06 Jul 2020Herekittikitty 18 Mar 2021Melegramfortongo 09 Sep 2021 |
Prolapse!You are trying your best to ignore me, but we both know that you read my messages!Why don't you and your fellow trolls 'Step up' / 'Man up' and confirm on this PANR BB, or if you prefer, then I don't mind spending a bit of time to review your posts, confirm each and every ADVFN BB that you and each of your trolls post on and with the same persistence / tenacity that you / they have shown, repeating ask for your / their position is on PANR and every other stock that you are involved in!! We can start off with ADVFN, and systematically work our way through, repeating the question on an extremely regular frequency!!It really is quite a very simple game to play!I'm sure that there are many, many, many members on this board who will also follow me!The choice is yours!!??GLA LTH'ers!! |
Some of us like charts so happy to read your posts Helpful. Charts have both saved my bacon and have given me good entry/exit points.
Yes saw the SDX rns. They will not be importing from Europe when Dutch TTF prices are elevated. Anyway PG is inclined to sell PRD gas at reasonable prices to local companies. |
The force is strong here.
I absolve anybody who does not like charts, or my charts in particular, from reading or paying attention to them.
What might be of more interest is the predilection for oil and gas companies to import gas into Morocco, through the Maghreb pipeline from Spain.
First Shell (pre LNG) and today SDX and its new business plans.
Certainly the demand must be there.
But if (future) production estimates of gas by Predator are to be believed then Morocco would surely be awash with gas, for trucks or pipeline.
Highlights the importance of flow rates and deals. First mover advantage is crucial.
Be careful. |
As I was saying a couple of weeks ago Helpfull.........charts are no more than trailing indicators on a share like PRD and most certainly not a leading indicator. |
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