expecting this to climb to 11/12p over next week or so, RNS confirming Sandjet testing then even higher |
11/12p with no news lots more if positive big over reaction last week for sure |
Be careful of the man who keeps saying Be Careful. |
I hope they will RNS when they get approval to proceed with sandjet testing and a new schedule. |
Depends if we have (good) news gjltech. In which case 12p might be a little pesimistic. |
added a few more sub 9p, will be back to 11/12p by Friday |
The buyback from those who panicked last week will continue this week :-) |
And don't forget T&T too. Should be generating cash there soon. |
It is tantalising, you know that he is going to fail time after time yet we keep on hoping.
But I suppose you have to admire the creativity of PG in coming up with new excuses
Phase 1 was supposed to evaluate reservoir quality and potential gas flow rates at this location
We have not yet apparently flowed enough gas to boil a kettle of water and all we get is mumbo jumbo about formation damage
It is also the first time I have seen 'gusts of wind' mentioned in an RNS revealing a failed drilling operation.
Perhaps the wind blew PG's hairpiece down into the well and it blocked everything!
That is as plausible as the clever stuff you sometimes see posted on the LSE website, which seems to be all based on google research, apart from Jimmy that is.
There must be a real danger the Moroccans will finally lose patience and boot us out.
Sometimes it seems like we are being groomed for that news with all these ominous reminders about permit extensions. |
Rumours of prd's demise were unfounded, what a surprise!A few people scalped i'll wager. When you panic you lose moneys simples. |
Just awaiting the approvals and then onto the sandjet testing.
And let us not forget Ireland. |
The Market seems to have completely discounted this hugely positive Interview. |
PG is confident that the gas will flow with the sandjet system. If it does then 50p here we come.The Company is confident that Sandjet will achieve its objective to establish gas flow · Analysis of gas samples confirms up to 99.57% methane suitable for CNG development · MOU-5 Jurassic well planning on track |
Watch the folk who panicked and sold out last week buying back in this week.
What fun :-) |
The force is strong here.
Was Phase 1 testing successful?
Some people already have the gas trucked up the road to a LNG port.
Really?
Not quite so straight forward.
"Readers should take into account all production forecasts are dependent on
successful outcomes of the Phase 1 perforation testing programme"
"Readers of this ITR should take into consideration all aspects of Phase 2 Sandjet testing on secondary targets are contingent on the outcomes of Phase 1 conventional perforation testing"
Read the ITR (pg48/49).
Phase 1 testing was a disappointment.
It did not live up to the hype.
It is a poor foundation to build upon.
Be careful. |
Well, for all the money spent this far, they need to deliver gasflow, no ifs no buts. Cash |
I'm waiting for someone to tell me that sandjetting as a solution to the heavy muds well issue is a "slam dunk". Somehow I don't think it is and that's why there will now be an element of doubt and additional risk attached to the share price until the flow testing results confirm the promise. |
Of course they have no basis. That has been crystal clear to all for a long time, surely?
An exciting week awaits :-) |
So danmart either has no answer…or hasn’t come back to work yet.
purple though is ………;….. “pretty certain”
Thanks for your insightful posts.
Is your “pretty certain” based on a lot of sandjetting experience please?
So you have no basis to make those comments…..as long as Everyone here is crystal clear…
cheers. |
Really looking forward to the coming week. Those who sold out will be scrabbling to buy back, for sure :-) |
He spins a good story and knows how to milk it dry , but so far has come up with nothing. |
Well it's obvious that Griffiths has a propensity for creating more shorting opportunities than longs! |
im pretty certain it will fail.i certainly wont be punting any of my money on it until i see the results.
2p if it fails.gl |
Please provide your basis for …. More likely to fail than succeed…? |
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