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Well I for one am delighted at the beefing up of our management team.
Super chuffed that his experience will steer PRDβs plans forward to success and for the most part freeing up PG & Lonny to bring their Kadar focus back to Morocco.
Congratulations all round
MEM
Does A.V. know anything? all the negative crap and he is wrong again if you no longer work for a company the bonus,s in shares lapse simples,if you are not invested why are you here with the negative agenda? also why only 3 red flags,, if you read to the bottom of the rns there is a list of ALL the share options and lapsed options,its more than 3 mate.......
ππππ very good, will give you that one
Looks like AV must have woken up OF when he rolled over to check for a 7 am RNS.
Trolls and Traders out in force to drive the price down for the upcoming catalysts of events.
Standard practice for bottom feeders.
Along with those who need prd to fail.
Sad really.
Then we won't have to take notice of any positive developments. Just 3 days ago we got this from our learned friend: "Obadhia, I've said similar about our 2 man band spinning 3 plates in 3 continents. It doesn't stack up whatsoever and IMO dilutes the attention"
Today we get an RNS announcing a senior legal/financial appointment in Trinidad:
"Geoffrey Leid is the Company's in-country managing director of T-Rex. He will focus on promoting and developing the Company's business activities in Trinidad with special emphasis on assisting to accelerate the processes required for the execution of the Cory Moruga field development project. He is a corporate consultant/adviser with a particular focus on oil and gas development projects. His extensive experience in the acquisition and funding of resource projects in Trinidad spans ten years."
Paul & external specialists did all the sub-surface work last year - see the T & T ITR for details. An action plan has been agreed with MEEI. Lonny & Moyra will focus their attention on workovers for Cory Moruga wells once MOU-5 is finished. It is PRD's belief that use of NuTech & SandJet will unlock the substantial potential of the block - in addition to the 20M Bbl already identified.
Geoffrey is the right guy to get the finance in place and negotiate all the agreements - including for the sale of oil, and further down the line setting up CO2EOR with other companies in the country.
But you didn't want to mention any of that, did you?
Tea boys rarely get options.
So 3 million a year or more from trinidad for share options at 12.5p if oil at Β£40 a barrel after costs.do we think it will flow more than 200bpd?
AV looking out for us all as perβ¦..
GLA
...as anyone would know if...
The ex-directors did not choose to let their options lapse. Read the RNS: "In accordance with the terms and conditions of the Rules of the Predator Oil & Gas Holdings Plc Unapproved Share Option Scheme dated 7 October 2020, share options granted to former directors as eligible persons have lapsed". They have lost their exercise rights since they are no longer employees - this is normal practice, as anyone would if they have ever been employed at a level where options are granted.
Anti V, Honest answer would you have let them lapse at those exercise prices?
Why would the following ex-employees let their options lapse at these prices ? π€π
Louis Castro 1,000,000 share options at an exercise price of 5 pence
Dr. Stephen Staley 1,650,000 share options at an exercise price of 5.66 pence
Thomas Evans 2,000,000 share options at an exercise price of 8.125 pence
π©π©π©
GRH. .. .. .. Hydrocarbons migrate upwards
Sometimes with great ENERGY
Folk might wish to consider
How such process works
And what it means for Guercif
Q...Was the 'Michael Caine' post conservative?
A...Off the scale
#PRD
Massive institutional buying going on in the background our resident professional know it alls stated recently.
There has been absolutely no such thing and since challenging anybody to prove me wrong. Nobody has done so π€·
Couldn't see any evidence of it today's massive 18 trades either π€π
What's going on? Nobody seems to have a clue. Not even the management. Anyone seen the promised photos from PG yet?
Made my day that one!
π
I now see exactly what he was referring to. @thebold, you just can't f@cking help yer self can you. You have to involve yourself in every topic regardless of whether it was directed at you or not.
My old man used to say "never bring a C@@t with you to the pub, you'll meet one when you get there"
I think you just might be the pub-c@@t of many a local.
Hope that helps.
My father always told me if you have nothing nice to say then don't say anything...bode me well
No one to me, however the foot and mouth dude just posts other peoples words, who did not post them here directly, yes itβs all very Ken Doddβ¦, Mickey Mouse and Donald Duckβ¦.
Thebold
Who is telepathically sending them to you, Ken Dodd?
I see Keith Oz is also telepathically sending his words to you to post here as well ?
Keith.Oz. β¦ .. Anyone who follows #PRD on the lse bulletin board should read this thread. lse is going the way of HotCopper (which is now such crap I do not bother reading it). β Concerning activity on the Hot Copper forum in Australia.
#WA1 - After an initial run to 6 AUD in the summer of 2023, a user emerges on the Hot Copper forum and starts posting long "technical" essays downplaying the project. The user takes over the forum for the next 2 months. My Twitter post pointing out the potential in the western region of Luni made him go on a crazy attack.
Now, the stock has surged by 250%, surpassing a $1 billion market cap, and significant resources are being uncovered in the western area of the Luni discovery. β
Davwal
The company has the discretion to decide when to release material information. It can gather the info across the testing package and drilling and combine to a single announcement so long as it does not disturb the share price while they are in the process of doing so.
If it looks like info is leaking and questionable trading arises then an earlier release of info/update may be required. Until such time it is at the companies discretion to decide the urgency and impact of news.
Like all listed companies, PRD must inform the market of any material development. As it is currently outwith the terms of the licence and can do nothing operationally in Morocco, the issue of the extension is extremely significant and material. No way has it been issued and that fact withheld from the market. Itβs a crazy system when the authorities take over a third of the extension period to sign it off - particularly given the alleged interest on high. I just hope PRD submit the next application immediately upon receipt of this one.