Are you OK purple? |
what is the cash on the balance sheet look like?
do they need to raise funds?
PRD have a habit of placing before big events
disaster looms
2p |
It's the delays in testing that some just can't wait . Nothing is ever straight forward with PRD.Now is May and let's hope that too won't be pushed back further |
Volume picking up as folk realise that they have over reacted yet again.
After the stick he has had, I am sure PG will want to ensure that the Sandjet testing gets started in April. So May for results - not far away.
And anytime from now, we have the unknown that is Ireland. |
disaster looms
2p |
The volume shows there is zero interest in PRD at present.Imho when they actually begin testing investors will start to take an interest.Switch off until early May. |
I hope you're right, JH .Looks like May is now scheduled for drilling and flow testing. Hope the share price holds up in the meantime. |
A clue for you checkout the graphic timetable second line down. |
Pretty clear to me and I guess most peeps. |
We've all thought it!
If you know who makes it difficult for you know who, regarding extension.
Bring in we don't know who and take a bigger slice for themselves? |
Not clear from the Summary page.Surely PG will clarify this tonight. |
The market is not exactly overjoyed.
From the presentation:
'Phase 1 Rigless Testing Results
No flow was recorded and no gas nor water was produced'.
All those colourful maps, diagrams and graphs must have cost a bit for a company operating on a thin shoestring, but they don't actually say much that could have been said in one word, 'Nothing'. |
The force is strong here.
The old "buy in the run up to the presentation because they wouldn't be having one if there was no news" doesn't appear to be working (again).
Clear as mud.
Which appears to be the problem.
Anyone think the margin of error for the sand jet thingy is a little worrying?
Be careful. |
Amendment #4 extension until the 5th June 2024 |
Forget rallying of the trops.
I think you know who is probably a member of the brown trouser brigade. 💩
🤣🤣🤣 |
Today's Presentation:
What I like -
* Focus on Morocco.
* Sandjet & CTU both available by end April.
* Lots of detail on Sandjet performance.
* p.14 - Revenue of $13.8 Bn from MOU-5.
* p.8 - MOU-3 was overpressured by 700psi at TD - we already know the shallow sands were +120psi, so presumably overpressured all the way up.
What I don't like -
* Licence Extension #4 still hanging.
* No spud date for MOU-5.
Neutral -
*No news on T&T or (especially) Ireland - but hopefully something for IRL in the next fortnight.
A little too far for me to come for the presentation, but I look forward to feedback from those able to attend. A has already been said, Happy Birthday Michael Caine. |
I've heard his bankrupt, No money now to play The Market |
what happened to Pro? |
Rallying of the trops would be even funnnier? I see you as Petty Officer Frazer...... |
No squeaky bum here, that's for sure. Very nicely relaxed.......
Looking forward to the updated slidepack tomorrow morning and a PG rallying of the troops tomorrow evening.
What's not to like? :-) |
Stock market darling to squeaky-bum time.
That string is looking very frayed.
Let's just see what's said tomorrow.? 😡 |
The flipping holes are gummed up!!😎 |
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