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I will be taking early retirement if we hit 150m market cap never mind 1.5 billion !! The potential is there with the size and value of our assets if they come to fruition.
I am a rubbish investor, more of a hobby, for the last 2 years i have made money, this year i lost quite a bit with the crash, but now i am motoring away in the green with holding 25 different stocks, my biggest issue that i have, i never sell shares unless i need to likes of bids , i have held and added to prd since 2018, so going to your question about a 1.5 billion pound company, i never count my chickens until they hatch, but in 3 years time and this is a 1.5 billion company, i think that i would still be holding !!!!!!
Is it just me or does anyone else think we could be valued at £1bn to £1.5bn within 3 years ?????
This is NOT a pathetic ramp, serious question, open for debate
I remember Paul stating his ambition was to create a mid cap O&G Co (ie £500m) I would think Paul will easily sail past this target, the way he is positioning PRD for future growth and prosperity means a very sizeable M/Cap vs small number of shares in issue.
A little luck, some patience and sit back and relax, watch the SP grow over the summer months
GLA, DYOR, live long and prosper (with PRD)
Totally agree MeM
Ireland is massive and why prd was originally Founded with T & T being the cash cow to help fund the development of the gas reserves.
I have always been in the opinion that Morocco was a distraction and we lost our way slightly.
However now, Morocco could be as Paul says “a game changer”
I’m really pleased how things are panning out and yes news going forward with the majors in Ireland should give the company a good re rate on the so.
IMO
GLA
Wacky.
Morning, I just bought another tranche of 225,000 taking my holding well in to 7 figures.
Ignore any rhetoric - focus on all the moving parts, there is a huge amount going on behind the scenes, especially our Irish interests.
'Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco, and Ireland, announces its intention to proceed to apply for a liquefied natural gas ("LNG") import licence for Ireland following the execution of confidentiality agreements with a global supplier of LNG and an owner of LNG regasification vessels'
This is a quantum step forward for PRD, massive news, not just the Statement, but the underlying reasoning, I keep saying join the dots.....
or ask yourself why PRD are applying for a LNG import Licence, with a GLOBAL supplier and the Owner/Operator of LNG vessels.
We are positioning PRD for a massive re-rate when all the details of our Irish assets/Plans are released. I suspect Paul has utilised back channels, twisted a few arms re CO2 targets, Security of supply, Soverign assets, Tax revenues etc We are talking years and years of Gas supply, just when Ireland needs this most.
Why would a Global LNG Co join forces with little old PRD ??? :)
We are sitting on 2 highly valuable assets off Ireland (50% ownership)
Then we have Trinidad, what started as a bit of icing on the cake, could soon turn in to something very much more substantial.... providing cashflow to unlock Morocco.
Morocco, we will know what we are sitting on in 3-4 months, by then I expect we will know much more about EOR and Ireland.
Remember there are many possible targets in Morocco, the cash generated by T&T might unlock further riches in Morocco.
All in all, PRD have a very exciting 6 months, with other possibilities out there.
Buy now and wait. DYOR
Agree, if building a larger holding is the aim then now is the best time.
We are at an Impass / holding pattern as we eat through the placing shares. SP may dip a little but not much. Don’t be tempted to trade this as once that last placing sell order is filled the price will pretty much move up on every buy and will be difficult to buy in at these levels in bulk