Predator Oil & Gas Share Discussion Threads

[jungmana] 08/6/2020 17:05

Well that's an interesting end to the day

[theaviator] 08/6/2020 10:22

Yes. For sure it'll be retested. Love this share. :)

[pro_s2009] 08/6/2020 10:08

Me too.

6p is a no-brainer, thats just back to where it was before and a piddly 15M market cap.

10p is really a bit of a low target for August, but a very achievable one given the market cap would only be just over 20M.

[theaviator] 08/6/2020 10:06

I think 8-10p is reasonable August..

[pro_s2009] 08/6/2020 09:53

It is, even now just 8M market cap.

Compare to BPC....... 67.5M market cap.


EG the PRD share price would have to be around 30p a share.......then the value of PRD would be equal to BPC.

Lets not forget, BPC still have to raise funds.....and its a one drill binary bet, black or white.

PRD has Morocco for the big binary bet, but also an ongoing CO2 EOR business in Trinidad and then Ireland on top of that.

If BPC is worth 67.5M market cap, it means PRD is massively undervalued.

[mam fach] 08/6/2020 09:43

This is a little tiddler. Only 217m share in issue.
Looking good for a significant re-rate.
Hold on to your shares. GLA

[pro_s2009] 08/6/2020 09:25

That would be great if it happens. 10p in August ahead of a September spud in Morocco.

[jungmana] 08/6/2020 09:03

We are looking great for 4p today . On track for 10p by spud hopefully August/ September.

[pro_s2009] 08/6/2020 09:00

Might get to 4p today at this rate.

[pro_s2009] 08/6/2020 08:56

Nice move up.

We are now rid of those who wanted to sell at 3p. They are gone, clear, no longer holding.

Back to 6p levels before too long. Currently just a 7.5M market cap, a tiddler. At 6p only 15M market cap.

6p chart wise looks a bolt on ahead......perhaps 10p as the Morocco spud happens.

[pro_s2009] 08/6/2020 07:26

China Oil Demand Recovery Is Complete on Record Import Haul

(Bloomberg) — China’s crude imports soared to an all-time high last month, capping an astounding rebound in oil demand after the nation’s economy was flattened by lockdowns to contain the coronavirus pandemic.

Imports surged to 47.97 million tons in May, or 11.34 million barrels a day, according to customs data on Sunday. That’s a 15% jump from April and 160,000 barrels a day more than the previous record set in November............

[pro_s2009] 08/6/2020 02:03

Done it.

WTI now over 40$ with Brent now over 43$.

They will have to start putting the brakes on soon, they will not want WTI over 45$ or Brent over 50$, not in 2020 anyway.

[pro_s2009] 07/6/2020 09:25

I would have thought this might interest you Hyper Al.

CO2 reinjection into reservoirs to increase oil production - thats pretty green - getting rid of that CO2.

Then natural gas in Morocco.......cleaner energy.

Ireland LNG and gas......again cleaner energy and following EU guidelines and directives.