Predator Oil & Gas Share Discussion Threads

[pro_s2009] 11/11/2022 13:03

Good consolidation today... Needs a few ups and consolidate on the way to 15p and above.

[jailbird] 11/11/2022 07:40

Best not a good idea to compare market caps There are many reasons one may be higher or lower .DELT is over priced or PRD is too lower , best to meet in the middle I say

[ashtonl] 11/11/2022 05:44

This is the most undervalued small cap out there.

Like pro said, Deltic energy are after 150bcf and the market cap is £68m before results.

prd are going after 295 to 708 bcf so over 2 to 4.5 x as much and it's an appraisal drill so a lot higher chance of success as it's already been discovered and now and this well is proving up then size.

Comparing the market cap to Deltic energy would make prd £135m to £306m before results.

[pro_s2009] 10/11/2022 23:42

That would be after......

[divmad] 10/11/2022 15:19

Pro, is that 150Bcf for Delt, before or after Shell's farm in percentage take?

[pro_s2009] 10/11/2022 14:33

TPI.....having reviewed your posts on ADVFN over a few months, it seems you are a disruptive poster who just moans and offers nothing in terms of insight, research or anything. In view of that....bye bye.

[pro_s2009] 10/11/2022 13:54

If you want a comparison....... DELT have a 50 million market cap, drilling for about 150 BCF net offshore North Sea....which is expensive.

Here PRD are drilling onshore quick and cheap to develop up to 700 BCF met to PRD.

Yet PRD market cap is below 30 million.

DELT should be up in the 5p range.......PRD should be up in the 20p range really.

But the market is currently offering lots of undervalued companies dirt cheap....just buy the ones with action coming... like DELT and PRD as good examples. DELT spuds in about 8 to 10 days........PRD spuds in about 4 weeks.

[jungmana] 10/11/2022 13:13

As I said on Tuesday, buy and hold as spudding of MOU 2 fast approaches ( before Xmas)

[jailbird] 10/11/2022 12:57

200MA @9.25p If it closes above that we may get into double figures

[pro_s2009] 10/11/2022 11:22

MN's a bit short of stock, had to spike it up to get some sells........always a good sign.

We were touching 15p in April.........its now a few weeks before actual drilling starts..........so we should be back up there soon.

[sos100] 10/11/2022 11:02

agree...it is a different prospect this time round

[pro_s2009] 10/11/2022 10:59

I actually sold under 10p, but then again, I did buy under 2p and so a 5 bagger was enough for me......as they say......always leave some for the next person.

This time around is different, the gas is proven to be there already with MOU-1......now we drill the sweet spot. And dont be surprised if there is over 1000 feet of pay........its one hell of an exciting drill.

[sos100] 10/11/2022 10:56

Pro -not having a go at you but you were quite negative last time this went over 15p you admitted selling at 10p

but agree that history will at some point repeat itself...

[pro_s2009] 10/11/2022 10:10

Chariot currently 145m market cap.......for a very expensive offshore discovery that will take years and tonnes of debt/equity issue to pay for.

PRD has agreements in place, if they discover then they rent a CNG plant and go quickly to production.

PRD, in the success case of a discovery of size, should well exceed the CHAR market cap.

Which from the current market cap, would mean a 5 bagger to 45p.

With considerable upside on top of that even.......in time.

[mariopeter] 10/11/2022 10:00

Think this will motor quickly in next few weeks. £30m cap is way too cheap for the potential in the well. The CEO has been in Morocco for a long time and is very excited.

800bcf target....that's very big. Share price may double quickly but because of the previous gas find I can see an all time high ie 20p+. Could surpass CHAR market cap if a successful drill as monetisation much easier.

License to drill rns still pending but low risk there. Institutions may however hold off for that. Pleased that all the equipment is in Morocco.

[divmad] 10/11/2022 09:55

Fully loaded already, mate.

[jungmana] 10/11/2022 09:34

I hope you got some . Loaded here about 6p just after the placing and am hoping to do well just like the last time into the mou -1 drill

[bigpecs] 10/11/2022 09:33

Nice little top up for me feeling confident and hopefully we can break 10p this week GLA

[pro_s2009] 10/11/2022 09:26

PRD should be in the 15p to 20p range soon enough Divmad.......the size of the price is colossal........and the current market cap way too low.

It will take time, but I am sure it will get there.....just like last time.

[divmad] 10/11/2022 09:24

Good old Jungmana. Can always rely on you turning up when there's a chance of a short term rampfest.

[pro_s2009] 10/11/2022 09:20

L2 keeps moving upwards.......

Now 2 v 4

8.5 / 9.0

[pro_s2009] 10/11/2022 09:11

Nice to see PRD and ECO and PANR all strong today.

[pro_s2009] 10/11/2022 08:53

Could well be.......certain unhelpfull people are trying their best to "deramp" PRD but actually, if you delve into the prospect deeply......you will realise........this is verging on "no brainer" to be exposed to MOU-2 well.

Especially with the current market cap below 30m


Up to 700BCF of gas and all quickly to be taken online, cheaply, as its all onshore...........CNG plant........job done.......selling gas.

[jungmana] 10/11/2022 08:20

All the ducks lining up here and we are on our way to 20p by spud ( within 5 weeks)