Predator Oil & Gas Share Discussion Threads

[badger60] 15/12/2023 09:28

LSE poster asking a fundamental question...."Why did Lonny with all his experience in Morocco not know about the unforeseen regulatory issue?How come traditional testing using explosives was stopped because you need a permit to use and transport explosives hence the switch to sand jet - but now it can be done with no mention of permits?"

[badger60] 15/12/2023 08:52

Part post from LSE.....he's worked in the oil business for some time...Also, when's the CPR report due?"I, and I am sure most SH's would be interested to know how PG's forward planning is carried out which would not include "tight hole" items but PRD and communication with share holders does not seem to go hand in hand."

[helpfull] 14/12/2023 19:26

The force is strong here.

Time for a chart to cheer everyone up.

But a warning that if you do not like charts read no further.


free stock charts from uk.advfn.com


The share price has been battered downwards after the last RNS, unsurprisingly.

There is a death cross in play.

But the optimism before the last RNS and the subsequent retreat has left a wonderful fulcrum in the chart. A downward trendline from the high of about 20p (25 Jul 2023) and touching the top of the spike (23 Nov 2023) at 12p can be drawn.

It is this trendline, (which might morph into the 100 day moving average) that should be used as a buy signal when the share price next moves decisively upwards.

And when it does break the trendline, a share price increase of +14p is indicated.

Maybe not in the next hour, or tonight, but it is worth keeping an eye on, a clear signal.

Notwithstanding management.

Be careful.

[pittcock] 14/12/2023 15:50

Helpful is a bot

[helpfull] 13/12/2023 21:12

The force is strong here.

There is a very good chance that there will be an Operations Update or an End of Year Operations Update either tomorrow or Friday.

There has been one every year for the last five years (minus one exception) on or before 15th December.

Working on the "creature of habit" theory the management should be about to repeat the process.

Be careful.

[pittcock] 13/12/2023 18:18

Still moaning on here about the share price I see. Unless you are part of the team on the ground you have no idea of what is going on. This is Vegas. Stop crying.

[purple11] 13/12/2023 10:12

will testing happen in January

i v much doubt it

i wouldnt believe a word this company says

[purple11] 13/12/2023 10:04

on its way to 7p as predicted

collapsing

[markliddiard] 13/12/2023 01:51

Apologies, genuine shareholders!Prolapse!You aren't replying to my messages / posts anymore!..I'm concerned about you and your cohort of ramping / deramping Trolls don't love me anymore!? ? The personal threats from your Trolls don't bother me in the slightest!! Unfortunately for you I've survived an awful lot worse!! XAs promised, whilst you and your Trolls continue to post disinformation / lies about stocks!...I will be your shadow! 24 / 7 / 365!It's simple! Publicly apologise!!..and retire!!GLA genuine PRD LTH'ers!!

[mariopeter] 12/12/2023 15:10

Thanks for all your help trop. Merry Christmas. We'll ring you next time.

[trop] 12/12/2023 12:01

Seems a few more are thinking about it looking at the share price

[trop] 12/12/2023 11:59

Blimey that took a long time to
work out.

You are now top of the class.

[badger60] 12/12/2023 04:00

PRD rns1/12/03 ....they know how to look after themselves at shareholder expense......Issuance Shares to Executive directorsIn recognition of the work undertaken to bring forth the Company's drilling programme in Morocco and successful drilling results, the Company's Remuneration Committee have resolved to make the following award of new Ordinary Shares under the Executive Directors bonus scheme:To: Paul Griffiths (Executive Chairman):Award of 1,329,787 SharesTo: Lonny BaumgardnerAward of 1,329,787 Shares

[badger60] 12/12/2023 03:54

From latest JSE op news"LiftingsSince the beginning of Q4 2023, the Company has lifted approximately 1.4 mmboe generating significant revenues. A further 370,000 boe are expected to be lifted in December, with proceeds expected to be received before year-end."

[badger60] 12/12/2023 03:27

From LSE postBe careful! you will upset the natives with such bearish scribes. For what it's worth you are bang on the money ?Something is seriously wrong with all the broken deadlines and promised drilling and testing.They are always on the ball when it comes to awarding themselves more shares though. ?

[badger60] 12/12/2023 01:46

Read purples #1271 article on Morocco again. Nothing to get excited about.....only to get worried about.

[badger60] 12/12/2023 01:36

MP/proJSE is producing and growing...PRD never will, because it's a mess.Lets see how things develop.Imo, year end JSE will be 40+PPS....PRD will be 6p, maybe less, and still pumping out the same old jam tomorrow story. Good luck with your PRD holding..... you'll need it....

[badger60] 11/12/2023 15:29

mpUnlike PRD, JSE are currently producing circa 20k bod, after having had some difficulties earlier in the year, which have now been resolved. Next year q1/2 the Akatara gas field will be operational which will add up to another 10k boed. Recently they also started producing from 3 new wells which are yielding 100% more oil than was initially anticipated. This is part of the 20k bod already mentioned. JSE have all their finance in place.....a 200mio loan facility as well as 50 Mio quid from the last share placement. Together with a couple of other developments and another asset purchase, it is anticipated that they will be debt free by end 2024 , and ergo a cash cow. The current mkt cap is circa 170 Mio.........if all goes to plan this should increase to 750+ Mio, based on a production of circa 30k boed. All the above details are available on JSE ADVFN news .PRD, is getting more iffy as time goes on. I suggest that you dyor, cut your losses here and buy some JSE before your PRD investment becomes just a hyped up failed jam tomorrow casualty.