Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
TT-T,
Had to love that wording "delirium of logical dehydration".
Your brilliant wording reminded me of Alexander Pope's definition of poetry: "What oft was thought, but ne'er so well express'd".
You are correct, I shall go to the beach !!
If you publish an annual report in mid June with a clear forecast of bopd from your Premier project for july... seems to me its reasonable to expect an update if its on track but just delayed....
Negative posters that can point to sensible sources and outline a reasonable argument are more than welcome.
Wanderers that have stumbled in from their intellectual desert ranting and raving from the delirium of logical dehydration however, are another issue altogether.
Chaps, to lighten the mood, any thoughts on the RNS mentioning opening discussions with off taker of gas and other CARBON RiCh fuels?
MEM , Looks like i have hit a nerve with you, Great when your ramping, But anything negative, Your like a dog protecting his master , in your case PG !!!
The issue with this BB now, Most have seen PG for what he is, Others are still blinded by what is happening , Now remind me , Why is the SP at 4.9p !!! Hope you all sleep well knowing that you might have influenced someone buying into Prd on the way up and sitting on a loss. Have a good evening
Hiya Mem.....i feel your pain, when you hit head repeatedly against wall and it hurts, why carry on......why do we keep on replying? :) :) :)
Gla
Taff
Bdt
Chancers.......my pension fund statement dated 14/march/2020stated i was going to be retiring on 21/12 +×+× ..
.Feb 2020 company announced my salary from (major shipping firm) was going to be enhanced by 4.6% in April 2020...
Furloughed at end of March.....redundancy in August.......and weirdly enough, that's when world population started dying on a large scale....i also would like to refer you to my post from yesterday where Pg said in interview that he had no interest in Bopd.....it's the contracts he is concerned with.by the way, i think it is annual report that shows how much we are due/ "earning" from Eor in trinidad....can't remember but will look in a minute and will get back to you with usual copy/paste .
Gla
Bdt
I am running out of patience.
The Chancers, are you completely devoid of common sense ?? Covid has slowed or stopped our traction in T&T, just like it did in Morocco.
You are doing your best to muddy the waters by pi55ing in the pool.
CLEARLY ANOTHER DE-RAMPER, HELL BENT ON GETTING THE SP A LITTLE LOWER.
Maybe you have not heard of Covid or appreciate the impact around the world.
EVERYONE DYOR and YOU decide to Buy or Sell.
My position is very clear. As I have said already, lets compare Notes and SP at Xmas :)
MEM
Well sell your imaginary shares and pi%% off then.
Don't think you're a bitter person chancer, just think you're a professional de-ramper.
Don't mind big differences of opinion and can be a healthy bb with that in mind......BUT!!
As I set out, delays were warned as a potential earlier. By the prospectus in June, a view was taken of how much delay would occur. However, as BDT has said, the T&T website is a useful resource. Note:
New curfew powers made on 30 June 2021: https://health.gov.tt/legal-notice-no-189-vol-60-no-103-1st-july-2021
New Covid requirement regulations made 18 July 2021: https://health.gov.tt/ln-195-public-health-regulations-chapter-12-no-18-updated-18th-july-2021
PRD notify us in an RNS on 19 July that the timetable is affected after all. Please everybody, use some rational common sense and stop being so melodramatic. Life is not binary. It is not all true or all utter tosh. Things change and plans adjust as times move on. I assume you are all grown ups and should know this.
2 years later , Where is the revenue from EOR !!!! , Load of Rubbish , All hype to get mugs like us to keep holding the shares and we fell for it , More Carrots than a supermarket .. Disappointed and feel let down.
And the promise of monthly updates , What a load of rubbish and then the question, Why did Cerp/BPC stop mentioning EOR in their RNSs ..
Blackdogtaff , If you check out the interviews and prospectuse showing the schedule, Prd was going to be earning revenue in 2019 , It states, Investigate near term high value onsore drilling opportunities funded from 2019 cash flow from trinidad operations in 2019 , I have posted these lies on to the PRD twitter account .
My goodness what a load of tosh.
Annual report issued 10 June 2021.... 20 days before the start of July..... clearly spells out Trinidad should be producing 200 bopd in July to be on track.....
Question I have is it working at all..... there's another reason Pilbeam may have been "resigned"
At v v least should issue a clarification rns..... nothin.
Just checked on T&t website......and then copy pasted this extract.
"A previously announced state of emergency remains in place until at least Aug. 24. As the nightly curfews remain in force as long as the country is under a state of emergency, authorities will likely extend curfew restrictions until the date. The state of emergency also empowers police officers and members of the military to arrest individuals without a warrant if they consider the individual is putting public health at risk."
From this website(T&t)
https://www.garda.com/crisis24/news-alerts/503066/trinidad-and-tobago-authorities-to-ease-covid-19-travel-restrictions-july-17-and-some-business-restrictions-july-19-update-27
Yes they are still, going by website, undergoing tight travel/work restrictions.
Gla
Taff
Bdt
Good afternoon ttt....our posts crossed.....yours is put more eloquently, mine was just my honest thoughts.....with a little fact from 15/5/2020 rns......but still same outcome.
Gla
Taff
Bdt
Good afternoon chancers, if you watch the interview as a "standalone" interview, and at the time it was made, no, covid would not "affect" co2 injection as you stated.......but if you read the Rns dated 13th may 2020....we only had 1 (one) injection well....and yes it was monitored remotely, same as now.....
Copy pasted from Rns 13/5/2020
"The first tranche of CO2 has now been injected into well AT5X in the Inniss-Trinity field and will over time contribute to the determination of any impact on enhancement of production in offset wells to AT5X. Predator and Columbus, its joint venture partner, will inject further tranches of CO2 as is required to fully evaluate the potential of CO2 injection to increase oil production from the offsetting wells in the AT-4 Block, which is the site of the initial Pilot CO2 EOR."
But obviously NOW.....we can't due to covid resurgence in T&t put in place any more injection units etc......at the moment, we in GB are starting to open up country even though infection rates are rising, the Usa has warned it's citizens not to come here as we are a dangerous country but we are making whooppee........T&t relies on it's oil and gas but they are trying to keep their citizens safe, hence no nonessential work, like putting co2 injection systems , i got to admit, covid regulations and lack of in Gb scares the crap out of me, so yes, my pennies are taking a beating at moment....but i would rather our workforce stayed safe in T&t and can continue working after they get to grips with infections in T&t rather than putting in co2 injection units and risking dying through contact with infected people ....i can wait....just noticed that highland matt noted the 9 months timescale, i put it on yesterday matt....check my posts....right, sorry about long winded post, but got quiet day and felt like replying in full..
Gla
Taff
Bdt
Come on chancers, you are being naïve or obtuse here:
RNS 1 June 2020: confirms the CO2 injection as per that podcast
RNS 20 October 2020: the injection continued despite the public health emergency
RNS 27 October 2020: matters progressing despite covid 19 constraints. Note that by this time, reference is being made to some constraints that are not yet significantly affecting the process.
RNS 20 January 2021: Notes that there have been regulatory delays due to covid 19. Also confirms the timing of well workovers will depend on covid 19 delays for the import of packers for downhole completion.
RNS 24 May 2021: Confirms that even the co2 injection has now been restricted due to Covid 19 restrictions and 'recently introduced' lockdown curfew
RNS 4 June 2021: CO2 injection continuing despite covid, but no reference to the reduced rate from May having been removed. So continuing, but more slowly than originally planned.
RNS 19 July 2021: Timing of well workers confirmed as effected by Covid as warned in January 2021.
Covid 19 has caused projects and governments to change what they think can happen across the world, but none of this was hidden from us. It was all set out for the diligent investor to consider.
That was at that time, with kit already in place. We are on to the next phases now, and T&T just out of a lockdown. Anyway, I recall a recent post quoting 9 months of injection for this stage. Not much to report while that is ongoing, as has been stated recently, so no numbers expected for some time? Patience.
Check out the interview Predator Oil & Gas, Anpario and Russ Mould on Gold
15th May 2020 13:53.
Paul states that C19 has no impact on trinidad since everything is done remotely and NO delays ... Check it out before answering
Great interview indeed. It also answers all the doubters that assert that a company "just wouldn't" issue an RNS in the terms it did. PG openly states he would be surprised if many people actually understood the RNS that had been issued then. That sentiment is likely stronger in relation to the 6 July RNS as many in the market have not understood the good news it contained.
Great interview, yes highly recommended.
Oh, was your point, Chancer, that there's been delays?
Delay's, "thinking emoji" I can't think why there have been delays anyone ?
Can i suggest if you only do one thing today , Listen to the following interview Q&A with Predator Oil & Gas #PRD CEO Paul Griffiths
22nd May 2019 14:16
It can be found on V0X markets . I know the link will not work in here , But please make your own mind up, Can you really trust a person who tells you a load of lies or was he telling the truth. Make your own mind up
Add the missing parts and check out markets.co.uk/media/5ce3d426d9dc1a001798c4c5/
Paul has no trust left his words are now meaningless to the market.