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MEM
Rob, a fourth ace of our sleeves are the licences for Rams Head and Corrib South in.the Celtic Sea, a 50/50 partnership with Theseus Despite the Greens holding balance in Eire, the government has agreed to honour existing licences but not likely to grant any fresh ones. Will be an irrelevance if we get the FSRU LNG gig but again, something to fall back.on.
The Irish have energy issues that aren't going to go away without using gas as the transition fuel. The Greens might not approve but when they do see sense, they will prefer our non-fracked LNG to the Texan variety.
Hi Nico . With Bloe it's a matter of historical bad PR , I met PH and he he told me the EPF would be up and running by Jan . Btw that was last Jan 2020. Investers want hard fact and revenues not half truths. Thank goodness that's about to happen.
Am happy you will gain wealth and money is an important step to forfilling your dreams. I'm near Alicante and apart from Covid it's an amazing life I am happy as I have achieved my dreams and any addition share wealth will be a bonus .
Back on topic I have done my research and the thing that most impressed me is the fact we have 3 bites at the cherry. Each one of the projects have amazing potential. I have no idea of how much they could add to my share value but gauging by the comments written on this BB it looks very encouraging .
I will hold as long as is required .
Mem - thanks for the insight into UK operations. The general cost of living in Turkey ( in my experience whilst 3months there ) was considerably less than UK, but wages were considerably less too. so I guess costs relative to wages would explain a lot. Sorry if it came across as personal it wasn’t meant that way. Kind regards
AUC1
All I can say in my Defence are the costs are largely driven by the Labs, plus I have to employ a GP within my testing Co to oversee the operation.
As you can imagine the entire operation is controlled by UK GOV, UKAS, various ISO approvals etc the costs to set up are considerable, then there is the GDPR re all the personal data floating around between my Co and the Lab and finally Insurances, PLI and Medical Liability Insurance.
The system is complicated and costly. Apologies.
I think Bloe will come good as well Rob, too many people in at present with the 3p rights issue, turning a guaranteed profit as soon as it moves towards 3.5p but they will dry up.
We had the same problem in PRD with a rights issue at 4p. Took nine months to breach, many attempts, I topped up 6 times last summer around 4.2p thinking about to blast off but each time it went back down. The dam will burst with Bloe just like here, maybe next week, maybe 6 months but it will burst. The difference is, the upside for PRD is almost unlimited, I think with Bloe, we'll be dancing if it hits 10p.
I love Spain and love the sun but July and August can be unpleasant down Malaga way. Stick with PRD and you'll have that holiday home somewhere cooler either somewhere cheapish like Slovenia or expensive like Denmark or Norway. I'm thinking huge here, I'll be a millionaire at 35p. However when the likes of GRH laugh and say that's just for starters and I'm massively underestimating I'm thinking sky's the limit.
Again, I sound like a ramper but I'm not, Morocco alone could be bigger than TXP and they went from.7p to 150p in.less than 2 years...
covid tests. UK rip off. I recently had a PCR covid test in Turkey. About £30. Came to my hotel. Full ppe. V professionally done. Results within 18 hours. What a rip the UK is. 2 self administered covid tests in quarantine total £210. Reeks of profiteering
MEM - my wife and I looked in to it in the autumn, for a potential Christmas visit to my in-laws in North Cyprus. Absolute nightmare. Only places locally that were doing tests were Edinburgh and Glasgow (2hrs drive) but would only mail out the test kits. Then get results sent to you. Only flights from East Midlands (another 5-6hrs driving). Then fly to Istanbul, then another flight, and hope you arrive within 72hrs of the test. Anything has to be an improvement on that process!
Airports can be a bottleneck. Overwhelming infrastructure is a concern. They rely on a constant thruput of passengers. Just saying. GL
Many thanks Nicodemus.
Yes this was a good addition and I've just added some more on the dip. Maybe that bloe share will come good as well .
Looking out from my Spainish apartment, I watch the fishing fleet come home and I contemplate how well this share can do. Retirement is great and a summer home away from the heat would be a good target .
But of course until the Fat lady sings we are still on our Odyssey. Our battle with Mystical creatures (MMs and others) is still to be won !
must be a few folks using the bed and isa on these...
Hi HLMatt,
Currently most countries demand a PCR test prior to departure, I am sure this will start to change as LFT become more robust.
Offering a Drive-in facility at an airport or on the outskirts of a large town, with results the next day, will help kick start travel for business and holidays. We have tested our system, drive in, first booth a Nurse who checks your ID, administers the test, drive to second booth, for Debit card payment, then follow the exit signs. Test results by email the next day. Average time 4 mins per drive through, single customer, plus an additional 2 mins per Covid test. 4 pax in a single vehicle is approx 11 mins.
@MEM - makes sense to organise testing at the airport, with results available quickly before embarkation; as opposed to asking individuals to organise privately (from where?) and then present the certificate at passport control on arrival.
Afternoon, Nicodemus and others on the BB,
I did indeed get into RBW on the grounds of Nicodemus's alerting me to it. For which, N, I am very thankful. I made about 3x there in a few months, which is not too bad, all things considered. I exited, not because of any reservations around the company (I believe strongly in the business case and in the excellent - and personally financially committed - CEO) but because I think the stock had reached an apex caused by a ****-useless IR strategy (the same firm as PRD has) and thus that the wider market would not appreciate its value as long as it was selling caviar as road-side goat meat.
PRD, despite the absolutely ****e IR, is coming home.
Patience is the name of the game when you are 100% sure you are onto something special like PRD. I'm not patient by nature but you learn as it pays off. I've just been doing a spot of housekeeping to count gains since I got my pension lump sum in May and lost money on a dozen shares o & g shares, CHAR, SÒU, GENL, DGOC, PPC, BLOE, LBE, BOIL, 88E, SAV, KIST and more. I jumped around trying to catch the crest of the wave like a surf dude, chasing the rainbow.
However, the three shares that I have been 100% sure had great fundamentals and would never fail me as long as I held long term have all produced bountiful riches, RRE, RBW and PRD.
If you are confident go in and go in big. I bottled with RRE thinking myself over exposed and reduced my holding by a third the week before takeover, I won't make the same mistake here. I've said before, I was that confident following PRD that I put half my pension pot in £70k.
I know I sound like a ramper and salesman, but I'm not. I just want to spread the love, Sefton got into RBW on my tip, Madmanrob is now in PRD..If I can help people change their lives for the better by making cash, I feel good..
It is small purchases at a time but I bought a total of £11k today (split into two separate purchases). And have been doing similarly for a while now.
Obviously, I cannot predict the date of lift-off for PRD (and it may be less of a rocket lift-off than a controlled ascent - which I think may actually be better from a structural shareholder value perspective) but I do think that anything south of 15p represents a great buy price relative to the risk-weighted upside.
All just my view - and, remember, I am someone that said 10 years ago and in the intervening years, that Apple was a crap stock. You win some, you lose some.
That was a missed opportunity. For, in my view, the right reasons and, given the same information, I would take the same decisions again (that might be the definition of an idiot). In the case of Apple, I did not believe the business case (I still don't) but underestimated the stockmarket case. C'est la vie.
In the case of PRD, I really believe the business case. And I think the stockmarket has (chronically) underestimated the real value. All of which is fine for the moment - has provided great opportunities to buy more stock.
At some point, the value will be realised. I am there for as long as it takes. And I am not naturally especially patient. But when it comes to this PRD gem, I just know this thing is special.
A quantum of being special that no spreadsheet analysis would be able to capture.
It might be that I am wrong in this case. I do not think so.
Black dog - I had to do the same with TXP last year. The sudden realisation that if it was sold, that the profits would be significant, and the CGT bill large enough to be painful and worth the effort to avoid.
I am not sure how accurate the buy/sell data is at all.
I have being buying decent slugs for the last 10 days through a platform and they are not showing up at all individually and sometimes not really at all. I suspect the platform is running a prop-trading situation where they are settling my buy (and many others) and then holding on their balance sheet until they want to trade out off their balance sheet.
All legit (and I have no problem with it - I paid the price I was quoted) but it might be contributing to slightly distorted trading data.
If I were a hedgie (and I am not), I would be doing a deal with the big platforms (Bell, HL) and allow them to consolidate small buy/sells on their balance sheet and then take off them at a negotiated price.
I suspect that is what is happening.
And it is actually good for the long term health of PRD's SP but, in the short term, makes it difficult to read too much into the actual daily trading data (the platforms may actually hold 24-72 hours before actually selling on).
Well done MEM...
a great idea!
right bloke/right idea/right time
Reminds me of a certain company called PRD
ATB
Good morning Bradley, Sefton,mem et al....in reply to Bradley about selling, people could be in same position as me, am hurriedly shifting pennies into myself and girlfriends Isa's...put in more pennies yestarday to top up my current holdings, promptly sold the same amount to transfer, which is currently in limbo as actual cash not "settled" yet in Hl account...hopefully will be use todays, slight drop to accumulate same amount of shares roughly as sold yesterday..
On another note, Chariot looking good with Anchois off morocco today....not ramping as i sold all my holdings in them about a week ago.
Gla
Stay safe(hopefully with help from Mem)
Bdt
Hi MEM,
Need to be very careful here not turn this excellent BB into some sort of open market.
But am involved in that space at aviation level (Africa and US) and digital side (vaccine passport stuff). Might be able to help.
You can contact me on seftonBR@outlook.com if you would like to continue discussion offline.
News due within the next 2 to 4 weeks so why even sell?
Dont know why anyone selling news is due within the next 2 to 4 weeks
Morning GRH, actually I have used the time to my benefit. I am starting a Covid testing Co, offering a Drive-in testing facility, I have Contracted a Lab, Registered on the UK.Gov portal, I have ongoing discussions with 3 UK airports and a huge interest from VVIP HNWI offering PCR testing at their Home/Office, prior to their planned flights, plus their Family and Crew.
I am using all my aviation contacts to open doors.
If you start doing a back of fag packet calculation, 1 A320 approx 200 seats x £200 per test (results back with 24 hours) one aircraft = £40,000 testing fee’s. Now look at the number of aircraft prior to Covid operating from UK airports.
So my days pass in a flash :)
Sorry MEM...
Must be driving you nuts!