Easybrent leave it out.... you are trolling. That was pathetic. |
Easybrent, if you read the detail in the Company rns from the 6th June, you will get a flavour of why it's not as simple as you think. They have also said SJ ops will last for a minimum of 5 weeks (from when they actually started). Still, you might be right, and an SPE article from 26 years ago might be more reliable ? |
2Dinvestor, if you read the SPE article (James S. Cobbett) from 1998 which Predator refers to regarding sandjet test you would see that sandjet testing is not a very time consuming. The perforation cycle at each depth is only around 30 min. With four horizon to test in the MOU-3 well, they should have results by now considering that surface testing was going on 8th Aug. |
Apples and pears. Phase 1 was quick because the perf guns didn't work. SJ a different ball game. |
When Predator conducted the Phase 1 test of MOU-1 and MOU-3, the testing took 10 days (9-19 Feb 2024). They tested four intervals in both wells at that time. For the current Phase 2 test, equipment was at site on 6 Aug and on 8 Aug Lonny tweeted a picture of Sandjet surface test going on. Given that they tested two wells last time which took 10 days one would think that they should have completed the current MOU-3 test now as 13 days has passed since Loony tweet of the Sandjet surface test. In my experience any positive news would have been reported quickly. |
No probs.... gla |
Excellent post, mariop. |
Thanks for copying |
It's done.....C&P to PRD, LSE.... gla |
Bold doing his level best to tell you the Company needs money:
Does he not realise T and T was farmed out? Does he not realise Ireland could be farmed out next year or this year? Does he not realise pre-sales of Biogenetic gas could happen reasonably quickly? Does he not realise the Company were mauled when they went to the City last August and raised £7m? Does he not realise money is looked after by the frugal board? Does he not realise that PG and Lonny have big skin in the game and will not want City dilution? Does he not realise that Paul feels the share is undervalued and equity from the City is vastly expensive. Does he not realise g and a costs are very low? Does he not realise the Company has not been drilling since last year? Does he not realise the Company may even be generating EBITDA in T and T? Does he not realise that there was £6.5m in the bank 7 months ago at 31/12/2023. Does he not realise that MOU 5 will only cost £1.5m to drill. Does he not realise the Company is debt free.
Somebody enlighten the unresearched troll please. |
kq1,
"I would very much like to see the actual report - it is not clear if the 6 TCF is unrisked (ie the total volume) or 12% risked (ie total volume is 100/12 x 6 = 50TCF)"
IMV it's pretty clear if you have some understanding of how these numbers are usually arrived at. And it makes no sense for the company to be comparing the CPR's risk factor (12%) to its own (50%) unless they are using a common *unrisked* number.
(If they have a common risked number then the different risk factors would imply they have very different unrisked numbers. But those unrisked numbers would have to be exactly in inverse proportion to their risk factors, which is vastly improbable.) |
Take the opportunity to get on board before a intraday reversal. News imminent... GEX will continue to decline, PRD is the one to be in at this time! GL. |
movig back down as predicted
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz................................... |
Thanks helpfull. Btw, is there a reason why anti_venom (Pete Brailey), copies many of your prd posts over onto lse? I mean, I'm not (really) saying that your posts are not worthy of being shared and enjoyed more widely....but it is rather odd.
Even odder for an (no offence) ugly, middle aged bloke to pretend to be a woman...isn't it? Isn't that what that rather clueless poster thebold also does? Blimey. The shareprophet parties must be rather.....interesting. |
soon youll get your chance to buy at 2p again!!!losers
FACT
ive called PRD successfully every step of the way unlike you lot |
GEX will be trading back over 15p in or or two sessions.its a monster stock with a big move coming. |
Purple is called such as he is the same colour as a bellend. |
Had it there Canalet. |
I understand purps. It's just that...you don't appear to be too good with The Market stuff? |
I LOVE THE MARKET
I CANT HELP MYSELF
GREED IS EVERYTING GL |
Thanks for bringing GEX to my attention purps...but I noticed it is down another 10% today (so far) and the atrocious looking chart indicates more significant falls.
I thought I would sift through your posts for the pearls of wisdom...but boy oh boy purps you made that sift hard because of your hundreds (literally) posts a day!!! Come on purps....you've seen that your posts have no influence whatsover, so why don't you do something more worthwhile in your remaining years? Charity work would be more fulfilling? |