@nametrade....it's meant to be a counter to the absurd notion that PRDs valuation should.not be even £5m....what's your point? lol |
nametrade what do you find difficult to understand about pv1972 post? |
We are sat way, way above £5m … what’s your point? |
The force is strong here.
I don't think any testing is going on at the moment.
The daily share volume is a good indicator.
Be careful. |
I see the chuckle brothers are out and about lol
Just to add to MPs points above....What market cap does anyone conservatively think that a gas company with a significant chance to flow 50Mmfcgpd should have?
Clue....its a bit more than £5m....🤣9315;🤣 |
Danmart2 how do Jurassic carbonates compare in the Tendrara? How does gas flow in the comparable Gharb?
What market cap do you think a gas company about to cheaply drill a 6TCF target should have? |
Danmart you un-researched as well? |
easybrent - I think it is more the case that folk are ignoring you rather than agreeing with you. |
That was pathetic too Easybrent. Best of luck with your short but you are not knowledgeable enough to make money. The market will take it from you in a time commensurate with your stupidity. You need help. We don't want you flying to Morocco at Christmas with a cap looking for us. Please buy your 500 shares back. |
Nobody is trying dispute what I wrote as its true. 4 wells since 2021 and no flow at all, laughable. |
Thanks I knew someone would appreciate |
Has anyone else realised that easybrent is in fact purplepatch, it's diatribe against prd is it's revenge at the fact purplepatch bought into GEX at the highs and paniced and sold out as the GEX share price fell.
As to PRD, they are in the process of testing now, and only time will tell and how good the SJ system is, and of course if there's gas and it's commercial. If the testing is a success then the share price will be multiples of what it is now. GLA. |
kq1, I only said it take 30 min to pref each depth level, which is from the article Paul & Lonny loves to refer to. There are several levels and the testing will require plenty more time then the pref cycle, but 15 days has passed since the recent testing RNS and that is enough time to do plenty of work at MOU-3. If there was some positive results, they would have put it in an RNS. |
 @easybrent. When stating 'perforation to the depth probably necessary" I would have hoped it was obvious I was talking about depth of formation damage that needs to be penetrated, not how far down the borehole they need to go. For you to say "Sandjet only takes 30 minutes, so it must be finished by now" is bizarre. You could equally say that conventional perforation only takes 2 milliseconds, since that is how long the explosion takes. You seem to be completely ignoring how long all the other functions associated with perforation would take, and also ignoring the substantial time that it takes to perform flow and pressure testing.
I did make a mistake while typing - there are 17, not 13, horizons scheduled for testing as in the 6th June RNS - 4 in TGB4 sands, 13 in Ma & TGB6. My guess for the estimate of 'Extensive operations at MOU-3 are anticipated to last for at least five weeks' is based on two days for perforation & testing of each interval, plus a few for preliminary work.
Could you please let the other members of this board know if you are genuinely ignorant, or just poor at trolling? Thank you. |
"A further operations update will follow once the MOU-3 rigless testing programme is completed." |
kq1, when sandjet was used on the Lithuanian field, Predator management keep referring to, the reservoir was at 1800-2000m depth, deeper than the MOU-3 well. I really dont see why they would use longer intervals.
When putting all the pieces together from PRD RNS's, Lonny tweet's and previous use of sandjet, I think its pretty clear that Predator should have the result in from MOU-3 testing by now. If they where good, Paul & Lonny would have put out an RNS asap. |
MATD looks interesting today |
2p or 20p.....Bring it on!!!!!!!!!!!!!!
gla |
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