go back to GEX |
Prd actually drill unlike false promises by gex. |
far more likely 2p
Predators other assets are worthless |
Purple gets very cranky if anyone posts anything remotely negatively on the GEX thread ,yet he's able to freely post negatives on other stocks..... |
The force is strong here.
When Mou-4 was drilled and the results were announced on 11 July 2023 the share price fell to the lowest price of the drill the day after, 12 July 2023.
A second update was issued on the 13 July 2023 and the share price subsequently rose to 20p.
That might be why the company wants a "full interpretation" carried out before releasing Mou-5 results.
Shareholders, with weak stomachs, cannot digest "raw" data.
Best if it is processed.
£58.90 and strong.
Be careful. |
There is 30bn worth of helium potential in this structure they are drilling.Gex cant even get license to drill. RoflPurple here ramping gex... rofl |
so what do we have here 2p or 15-20p? |
he isnt. he is a failed fund manager as well. he got into gold stocks just before they collapsed sending the fund into liquidation. anyone who was following him lost all their money.
he is like a snake.it is best not to look his way at all and read nothing he publishes.made some terrible calls in the past.absolutely terrible. |
one poor drilling result here and my 2p target comes into play |
Lets say they dont find massive gas resource but gas similar to mou 3 and mou 4 how will mkt react, the mkt cap is low.It should move up. |
When Novum are involved you can guarantee being flooded with placing shares to below placing price as still making profits including their "fees" They will want to be clear pre result of drill so share price should rebound next week imo - |
The force is strong here.
On the 21 January 2025 I suggested the share price was going down to 4p on the weekly Bollie chart.
The price was 6.05p.
Interestingly the share price has reached 4p and ended up at 3.8p.
Which is the bottom of the current weekly Bollie chart:
free stock charts from uk.advfn.com
In the long term the share price should revisit the upper Bollie currently just under 8p, but the drop to the lower Bollie is not necessarily a signal to buy.
It might be said though that the risk is now to the upside.
Fun and games.
Be careful. |
The force is strong here.
3.8p.
Well look where this has ended up.
What would you expect with Jon Belliss and Novum Securities by your side.
These shares can be shorted as much as you like.
After the "success" of Mou-4 half of the share price was given away to placees in a 90,000,000 share placing at 11p (institutional support touted) with a corresponding fall in share price, from a never to be seen again 20p, to 12p and below.
Sure to happen again in a success case, whatever that may be.
Failure and shareholders might begin to realise how bare the cupboard is.
Be careful. |
If Ireland have signed offLNG
Then I'm sure corrib will be signed off shortly,
I remember reading you needed to have proof of funds so the fact that PRD have confirmed the farmout agreement to the irish authorities
Quote "very deep pockets"
Should now get this signed off |
The CNG project will go on after the drilling of mou5, mou shallow targets will be flow tested and ready to sell at the well head. |
Takeaway mou 5 is prd still undervalued?Of course it is... |
It does appear that the price is being dropped to fill orders - PEEL clearly want to dump completely before drill results are known. And that's OK, because their game is to make pennies lots and lots of times in a zero risk (or as far as possible towards zero) manner.
Not sure that the current price matters much to those of us who are holding on for the prize though. Let's see where we are in a fortnight... |
Possibly a big buyer pinning the price back. Did it myself once upon a time. Only way around it is to fill the order and hope sellers stop throwing money away. |
Interesting thoughts from Morocco and how imp0rtant any discovery is to the country
Not long to wait now |
The force is strong here.
A little colour for sad lives:
free stock charts from uk.advfn.com
The share price has skipped back inside the lower Bollie (just).
The Bollies have surprisingly stopped squeezing together.
I hope you are all strapped in.
What volume there is shows a steady supply of shares to match the buys.
Up or down?
Be careful. |
Can sell or Buy 1m shares at 3.93 and 4.04 respectively- unusual |
Unless there is a large short position being taken to hedge MOU result |
Still shifting placing shares IMO |
All buys and they take it down again? |
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