Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. 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.
High to Low - 18 % down during the last month !
High to Low - 51 % down this last year !
High to Low - 69 % down these 2 years !
High to Low - 96 % down from all time highs !
Zero flow tests ever, ever, ever in Morocco ! And big wells as underwater as its share price.
Some example for the Bald Faced & Co-Conspirators to follow or try boast to about.
@donalb
No wonder theBold posts here more than over there; clearly underwater with his Chariot investment after 10 years.
Reckon he’s pooping himself!
Salut Timetoretire, yes, very much agreed, The Bald Faced & Co-Conspirators are not only 850 m underwater & 40 km offshore, they could be much better off investing in their own agricultural fertilizer business, instead of their mostly fake prognostications, against the technically far superior Predator Guercif prospects.
Good Luck to all true LTH's , Donal B
ha ha, so easy to deflect our many issues and **** off other companies and posters isnt it , matter of fact its proven discussions go this way when mounting concerns are raised . . i post concerns on char as i also have a similar holding to here ( circa 195-200k shares) , there are concerns there as well, which i raise on char forums.. this however is prd so perhaps best we discuss our company here. also retire guy who clearly needs this to get into pounds to get to that juncture , i have already advised you clearly i am not a 10 year holder of any aim or other stock outside of bluechip ,( certainly not prd or char or sou being my 3 moroccan stocks i hold ) nor am i a poster of 10 years ago…..
i suggest we concentrate on our issues on here …there are good questions being asked on genuine concerns..
Yeah I mean you can see a clear change of plan or certainly recognition of what prd are doing and potentially have.
Drilling onshore within 10 months, I’d say that was clearly a big shift.
Need another well offshore, I think they’re about £40 million squids something like that.
Certainly an interesting topic for our discussion board.
I guess it’s almost like candidates being interviewed for a job I suppose.
I have tried to reach out and discuss this topic before but it just got ignored on the whole and shut down.
Nah, don't buy into you being a shareholder, Bold. You say you have misgivings about both companies and yet you're so affable over there and somewhat more combative over here. Its all a bit sad really; most of the diaspora from the Char board don't seem to realise there's enough demand in Morocco for everyone to make money
Investing in Char , Sou and then arriving finally at Pred smacks more of end of race day gambling than sensible allocation of at risk capital. Char in particular given capital costs, geography and timescales looks increasingly less transformational for small investors. Best of luck to them. Their pivot to a Pred light strategy confirms PGs strategic nous as does their comparatively restrained BB. GLA 👍
So wrong as i say, you know when there are valid concerns , when the rampers predominantly attack other companies and posters .. I wont waste my time telling you again after this, i hold PRD, CHAR and SOU
F and M , correct im here for PG`s strategic nous !! … 195k shares worth.. …. I see decent returns here when we start rolling ,however TBC, the only comparison i see with Ghawar is both licences begin with G !
Hmm. 119 posts in the last month Bold and not a single one on the Sound board.
I suppose with Afriquia gas showing good interest in prd it is a step forward for us and perhaps a show of hand.
I am sure the big wigs and the kingdom of Morocco just want their own energy supply and the big bonus of actually being able to supply other countries.
It puzzled me when at one the presentations last year Paul spoke about something being held up in customs for something like 60 days.
Hopefully the person responsible got a telling off and was told come on sunshine we have energy security for the country at stake here.
Anyway discussion in hand,
Is it really 15 years since Chariots first drill, and still no flow testing?
I know there have been complaints with prd not flow testing YET.
PRD have retained their full 75% field equity, while CHAR, having claimed they were talking to forty prospective partners, ended up with only a 30% share of their key project, loss of operatorship (=loss of control) and potentially unlimited costs after next drill is paid for.
Would love to know what the experts think about this.
Well i suggest you go to the char board and ask the questions, quite a valid question and i agree with you to some extent. i think we are in great position with the equity we hold..
Ford707 - I hold no shares in CHAR but you do realise that 15 years ago CHAR was not in Morocco and elsewhere in Africa trying to unlock hydrocarbon provinces but to no luck, so they had nothing to flow test. They raised and spent big money doing these wildcat drills and the share price followed this flow. Morocco was their saving pivot and last throw of the dice so to speak and it has saved them.
I don’t hold any Chariot shares and never have so I don’t really feel the need to post on there tbh.
You have become a really active poster and you hold shares in multiple companies that are under the same governing body so I feel you and Jimmy would be the people to ask.
You guys normally directly answer and discuss posts that are on this board so I am confused as to why you will not enter into any discussions regarding your other investments.
If I post these questions and some others I have on the Chariot board will you answer them straight and give your honest opinion?
Sorry Mumbo didn’t see your post.
I am only trying to understand the horses in the race and which one I should back as they can’t all win.
I am here to make money of course.
Do you know much about this renewable strategy they embarked on?
Seemingly needed or needs a lot upfront with no immediate return.
As I say I am no expert but Morocco looks like it needs to come up trumps for sure.
Perhaps this is why they have managed to get a drill bit in the ground within 10 months.
What point are you trying to make Ford? I can understand bolts points around timings for mou5 and as much as I would disagree with his sandjet timing's the lack of update starting to suggest he might have a valid point
FORD707- I Think Jimmy23 is a in a better position to answer that about renewables.
But for me it's another one of those pivots that keeps the lights on with enough promises for Jam tomorrow so that they can raise money to keep alive. CHAR and Tower Petroleum followed the same path and CHAR should have suffered the same fate of sub £5m mcap but as I said offshore find in Morocco saved them. Interestingly, there is a big bill attached for CHAR with the Energian JV and consequently they have followed PRD route to get onshore production up if they are successful. That is why I am upset with PG and Lonny for frankly p1ssing around for almost a year and fallen behind in the pecking order when they had such a great head start.