Predator Oil & Gas Share Discussion Threads

[joey1998] 06/7/2021 11:13

Lol……. Don’t know ……. What you mean? ….. ;)

ATB

[thatsmart1] 06/7/2021 11:12

Isn't he an actor who just plays different parts?

[joey1998] 06/7/2021 11:08

Where’s Michael Caine when you need him? ;)

[honestmarty] 06/7/2021 11:05

Any cash left here?

Death spiral finance next???

[thatsmart1] 06/7/2021 10:54

Yes, PG needs to fill in a few blanks with $ signs in front of them. He's good at avoiding such figures. Maybe that will change, we will see.

[joey1998] 06/7/2021 10:47

I’d not say “mom and pop” but it is certainly unclear what the dollar value of it is to PRD.

I dumped most of my position this A.M. after holding for two years. The remaining 100,000 shares are there for Ireland and T&T which I consider much more speculative than even Morocco is/was. I think the multi-bag excitement is gone for now. That’s not to say the remaining businesses won’t pan out; they very well could do. But, they are more pedestrian than a gas discovery would have been.

[thatsmart1] 06/7/2021 10:35

It would have been great to have had a discovery but nowhere in the RNS did it say that. Neither was the word,'pleased, used in the first paragraph. It was a duster with some gas shows. Another placing to fund another drill, he never mentioned they already had funds in place.
T&T is more like a 'Mom and Pop' business.

[backbone and clingfilm] 06/7/2021 10:23

Gas found. Positive.

“Based on the positive indications of the presence of gas in MOU-1 we are now proposing to drill again later this year."

Trinidad EOR update due anytime.

[pillow] 06/7/2021 10:11

Whichever way you look at this its a disaster duster. Price will collapse sub 5p with signigicant fund raising ahead with very risky chance of sucess going forward Sell

[hsfinch] 06/7/2021 09:53

Chariot's breathing a sigh of relief.

[jungmana] 06/7/2021 08:42

Was only funded for one well in Morocco. Will have to raise funds to drill a second well

[bad gateway] 06/7/2021 08:36

MM's have parked it on the 200dsma perhaps this'll be it til the agm at 11 am?

[thatsmart1] 06/7/2021 08:28

Not for another Morocco drill, recent funding was for other considerations.

[robbiekeane] 06/7/2021 08:27

Drills are fully funded for this year

[pro_s2009] 06/7/2021 08:19

Yep, 5p looks like the level it will go to for the next fund raise.

[jungmana] 06/7/2021 08:18

Do we have enough funds for the planned second drill this year? Am afraid another fund raise could happen possibly about 5p in the near future

[jungmana] 06/7/2021 08:18

Do we have enough funds for the planned second drill this year? Am afraid another fund raise could happen possibly about 5p in the near future

[tinker10] 06/7/2021 08:10

Strange trading....I think the MMs are going to have a very good day

[hermana3] 06/7/2021 07:55

Let the carnage commence amigos!

[hermana3] 06/7/2021 07:51

Well wee Griffiths was obfuscating at his best!!!!

[spawny100] 06/7/2021 07:48

Yep. The people who can't read an rns are the ones trying to put a positive spin on this one.

[hermana3] 06/7/2021 07:48

Absence of "We are pleased to announce..." says it all. Drier than a Dutchman's wit and no better man to deliver same....