purples peeved because it wanted to get in at around 6p for a run up to 10p, but it hasn't worked out. |
Only tears will be yours Purp cause you dont have any PRD. |
Dry your tears purps. We can't all be lucky in life. |
Good summary of where PRD is nowhttps://oilman.beehiiv.com/p/oilman-jims-letter-june-6-2024Worth reading |
this is all going to end up in tears i fear |
Fully funded for sand jet and MOU 5. Assuming flows Morocco more than likely will be for sale. I see no reason why little PRD would want to develop the huge discovery or the oncoming Jurassic. That has always been the plan. Should MOU 3 flow like the comparative Gharb then projections of flow rates are very conservative.Would hazard a guess that breach of the formation damage would be reported early. |
Read the RNS again swanvesta. And switch on your comprehension head this time.
Fully funded for MOU5. We will have the rig after SOU. |
Huge run up for MOU-5 may have to wait for the funds to be raised though.
"Following the results of the Sandjet rigless testing and the first two well workovers in Trinidad designed to re-establish oil production, the Company will re-assess its funding needs for the next 12 months." |
The force is strong here.
The early stages of the sand jetting programme have started.
That means the portaloo is on site.
When the process will actually started is up in the air.
But that is good enough for those "in the know".
Open ended as usual, testing could take months.
Mou-5 will be drilled:
"as soon as practical after entry into the First Extension Period"
Those "in the know" cannot tell you when that will be.
The next funding has been signalled.
It will be after Sand Jet testing but before Mou-5 is drilled.
At the moment.
Those "in the know" don't know what they don't know, but know what they think they know. I know nothing.
Be careful. |
LOL!!!
You're not "ART123" over on LSE are you purps? He seems a little bit "challenged" as well.
SV101 will be used to drill MOU5 - just as soon as SOU have finished with it. Really isn't difficult to understand.
Now ......... get ready for the huge run up to the drilling and during the 5 week SJ period. Happy days! For those who are smart enough to understand. |
called correctly no run up
now its 2p or 20p
all its other assets are worthless |
Good stuff |
North Sea .... look at JOG today where fiscal instability causing havoc. Not so for Morocco where the fiscal backdrop is excellent |
Nice lift on great news for PANR. Just goes to show that the PRD bulls messiah GRH isnt quite the genius he proclaims himself to be. Youre welcome. Pmsl |
Good! Thanks |
@Buffinman - This article is way out of date, the road is already well under construction. |
The tender process is now underway for the first stretch of the US$272 million motorway connecting Guercif with Nador in Morocco. Tenders for this 36.5km section of the motorway are being handled by the Ministry of Equipment and Water.
This first stretch will link Guercif with Saka and is being split into three separate lots. The section of motorway will feature two lanes in either direction and the work also involves building six viaducts as well as an interchange for Sika.
The new motorway section will improve transport between the industrial and port complex at Nador West Med and Morocco’s motorway system at Guercif. This will cut journey times on the route from 180 minutes to just 90 minutes.
A significant portion of the necessary funding is being provided by the African Development Bank (ADB).
hxxps://www.worldhighways.com/wh10/news/tendering-underway-us272-million-morocco-highway |
1 million buy on the bell. Smart money continuing to accumulate...... |
The simple truth is that every time in the last 2 years that Prd has had a run up in sp, a share placing has come along to snuff out a further advance. It's par for the course for an exploration co. very short of funds. Nothing unusual about that, but rampers won't tell you that. |
The force is strong here.
I don't know if you can see this as you have me on filter.
Probably wearing your special X-ray glasses bought with your special dividend.
What's AIM, big boy?
Repeat after me.
The share price is £42.
The share price is £42.
The share price is £42.
Now you know the share price.
Be careful. |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
