Predator Oil & Gas Share Discussion Threads

[joey1998] 09/7/2021 16:09

There is a possibility that there is enough cash in the coffers to fund a second drill (from the two recent placings). At least one RNS said that the placing money was earmarked for things other than MOU-4 -- I can't remember the exact wording -- but of course that decision can be changed.

IMO though it will be done vioa placing. Post-placing I'd expect the price to settle around that figure, at least for a little while, at which point it might be worth buying back. Though of course, we'd need to have heard more from the company on why it thinks MOU-4 would be successful etc...

[thatsmart1] 09/7/2021 12:58

Not much happening now. I suppose they will focus attention on trying to drill MOU-4 but need to persuade someone to part with some of the costs. It may be worth buying a few if MOU-4 does get the go ahead.

[purple11] 09/7/2021 10:17

I love it!

[ynwa 96] 09/7/2021 08:10

Poor mans Porsche, buy a real one.

[12toes] 08/7/2021 21:27

Boxter is a hairdressers car BWAHAHAHA

[ohdearohdearohdear] 08/7/2021 16:16

You're the best King Purple.

In your virtual world.

[purple11] 08/7/2021 15:17

ADV looks good for a 6p spud price.
95%COS fully funded drill in october.rig booked.
In from 2.20.atb

[purple11] 08/7/2021 15:14

From a 2p entry to a 16p exit i think i called it pretty spot on.
No way was i handing back a porsche boxster on a drill result!

No opinion sell

[ohdearohdearohdear] 08/7/2021 09:43

I suspect "King Purple" has more than a few issues with self esteem out in the real world. Thankfully this site (and others I am certain) allow him to act out his fantasies.

Carry on King Purple. We're on your side buddy.

[purple11] 08/7/2021 09:23

Like i said they call it 'The Graveyard' for a reason!

King Purple always on the money

[danmart2] 07/7/2021 20:53

8p share price looks expensive, expect this to stabilise around 5p.

Ireland development long way to go, Trinidad development nothing special,
Morocco now more bust than boom.

Do they have the cash flow to continue for another 12 months?

[hermana3] 07/7/2021 20:17

Wee Griffiths the gift that keeps on giving lol....More dusters than Dubya Bush!!!

[spawny100] 07/7/2021 20:07

I'll post where I like whether I hold or not thanks.

[goofedagain3] 07/7/2021 20:06

You've sold them all Spawny, so you don't need to worry anymore. Goodbye.

[spawny100] 07/7/2021 19:13

That would be completely stupid of him croxie so I'd say no to that idea. Underplaying and overdelivering is one thing. In this instance it appears he's done exactly the opposite imo.

[croxie] 07/7/2021 19:06

Spot on Smart...Do we for certain know if the Mou-1 is not commercial? or are we waiting for the data to be fully evaluated. it wasn't "plugged and abandoned"...so is this a classic case of PG completely under playing what has been found?

[spawny100] 07/7/2021 18:11

I second that that smart. If it WAS a success it is inconceivable that he would not have done a video shouting it from the rooftops. I also disliked the lack of clarity and obfuscation in the RNS. I like to be told straight one way or the other. Hence sold out yesterday.

[thatsmart1] 07/7/2021 18:05

The problem is that I think some may have been looking for words like; pleased, success, expectations, great outcome, flow testing, commercial, delighted, cash in hand for MOU-4, 'this time next year folks!'
Instead we got: announces completion, gas shows, evidence of gas migration, (no mention of the work over rig previously alluded to), some data not in layman's terms and a proposal to drill MOU-4! This all suggests this well is not commercial so no wonder the share price took a nosedive.
PG needs to stop skirting around the bottom line and clear up any uncertainty one way or the other.
Otherwise investing in this company is like going to a restaurant, seeing all the wonderful dishes on the menu but not being able to order anything because it's not quite available.

[36jay] 07/7/2021 10:06

Way over done by panic sellers..15p Placing last month.Multi project company. screamingly buy opportunity at this level.

[croxie] 07/7/2021 07:37

I see PRD reposted Malcy's tweet to emphasis "There is much going on across the board at Predator and not just in Morocco, I am happy to continue to keep the company in the Bucket List"...

[purple11] 07/7/2021 05:49

BULLS MAKE MONEY
BEARS MAKE MONEY
PIGGIES GET SLAUGHTERED

[thatsmart1] 06/7/2021 23:09

The CEO is a master of the art of obfuscation if the well came up to or even exceeded expectations. Or was that purposeful because it didn't?

[hsfinch] 06/7/2021 22:35

Malcy's suggesting a resource upgrade on the back of the gas shows! And he's keeping PRD on his bucket list!! You couldnae make it up.

[croxie] 06/7/2021 22:19

It was shared on LSE by MEM This afternoon

[danmart2] 06/7/2021 20:34

Hopefully for all concerned they have enough funds to do further exploration in Morocco and the results are successful.