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Just trying to figure out the current plans , what if PRD is already SJ Mou-4 ? From an RNS stand point he would be covered. The reason I say this is that PG did state that he never wanted to see PRD shares traded in the way they had been , so he may not wish to disclose that they have started the SJ process , or perhaps (?) SJ kit is available and he has called in the personal to conduct this process as close to the MOU-5 spud date as possible ? That to me would make some sense .... i'm still saying end of June for results ...
Bowlesd
From the presentation on 14th March – “Sandjet ready to mobilise in April 24” and “Coiled Tubing Unit available by end-April 24”.
Only other RNS was ratification of the “Ratification of Guercif Petroleum Agreement” on 1st May.
Do PRD have to inform the market if Sandjet testing has started. Not sure they do as they haven’t indicated a further update will be provided.
MOU4 is interesting as that pad has shown the most change over the past month from the satellite images.
And the 1st May said - “Further drilling activity is anticipated in 2024 to further evaluate the MOU-4 Jurassic prospect.” Would make perfect sense to test MOU4 first.
Don't get yourself excited. PRD don't do nice surprises.
Not yet at least, but they will one fine day.
Well Shagged.......!
there's no surprises when delays or dilutions happen now a days........! :()
All the best (so there's a banker you ya..........! :()
Sand jet has not been mobilised yet, as there has been no updated rns with sand jet timelines as per the 20th February RNS which stated.
“ Mobilisation of the Sandjet crew and equipment will occur shortly after Petroleum Agreement Amendment #4 has been ratified and all necessary regulatory approvals for Sandjet rigless testing have been received. The time framework for the Phase 2 rigless testing programme will at that time be updated.”
Jimmy
Come on Jimmy work it out.
You continually sew subtle seeds of doubt and worry.
What really is your biggest worry about PRD?
Ignore CHARlatons
Maybe the subtle seeds of doubt and worry are all part of a CHARm offensive...
The extract from the RNS that Jimmy has posted can at least be read in at least 2 ways
1. Prd will send out an RNS with dates for SJ testing once they are known.
2. Prd are simply saying that the date on which Sandjet mobilisation can start depends on the date that the regulatory approvals are received. Only when the latter is received the date for Sandjet can be scheduled in and not before. So, the plan is going to be updated once the approvals are received.
Personally, my read of it was 2. Appreciate it can be read as 1.
Hi Mk111,
Jimmy has kindly provided a quote from an RNS the company issued on the subject under discussion.
Were i not aware of the ongoing attempts to discredit the guy, your response would make no sense whatsoever.
Even so, to catagorise such a reply as "sowing seeds of doubt" is absurd imo.
BG
Your opinion. Valid as you see it.
But his posts are now becoming clearer to all who care to see.
#agendasrus
Jimmy …. I wish you well with your CHAR investment, however, I share the same doubts that other lth’s have regarding your intentions here.
The fact is that Jimmy is telling you things you wish not to hear. Factual and to the point.
Mk11,
Please explain what my subtle hidden agenda is.
I invested in prd on the basis of their declared intent to perforate by sand jet and flow test, I added to my investment after mou 3 and waited for flow testing after mou 4, still has not occurred. I just want prd to do what they say and not keep on delaying sandjet perforation and flow testing and instead drill more explorations wells.
The nuetech analysis reports the reservoirs as most likely gas bearing, let’s flow test and prove and demonstrate its value.
A number of posters have hinted that I am engaged in some kind of undermining of prd for the benefit of chariot somehow. I see no conflict between my investments as the pipeline to Spain can accommodate any surplus gas, enough for both chariot and prd in success cases for both.
If posters have a different view then detail your analysis and explanation based on facts not fantasy views.
There seem to some investors here who have a hard time having the facts as stated by prd, posted for them to review.
We should encourage prd to do what they say they will do in a reasonably timely manner.
Not unreasonable.
Jimmy
Wow,
What do you want people to say about ministerial problems last year?
What do you want people to say about things being stuck in customs?
What do you want people to say about strong investment backing from those that control the narrative?
What do you want people to say about an onshore licence and drilling within 1o months?
What do you want people to say about an offshore licence needing substantial money and several years to produce anything?
Drill your second well and let’s go from there!
It is getting tedious, boring and quite frankly disrespectful to keep banging on about the same shyte!
Must admit I was expecting an update this week.
Paul has clearly shut down comms. I’m starting to think (I know we have been here before) that he surely has commenced SJ testing without an rns.
• Sandjet ready to mobilise in April 24
• Coiled Tubing Unit available by end-April 24
If no news on Tuesday I will take two days out and fly to Morocco to see for myself
Surely a quick email to below would confirm if testing operations are actually ongoing or not.
Personally I cannot see how they could be without an RNS confirming , but thats just my opinion .
Flagstaff Strategic and Investor Communications
Tim Thompson
Mark Edwards
Fergus Mellon
Tel: +44 (0)207 129 1474
predator@flagstaffcomms.com
What where you know as on lse before you created this account at the end of January the bold...
There's a good little taffy....
Hbob
Blob, instead of being totally fixated with me and other posters who do not follow the ramping values of your core crew idols, perhaps you should use your time better and send a short email to our investor relations as below and ascertain if we have or have not commenced operations in Morocco.. Thank you..
Razorman- "If no news on Tuesday I will take two days out and fly to Morocco to see for myself."
🤣🤣🤭
Be sure to send us some photos - unlike PG who said he would at the recent presentation...
I know it's difficult for the likes of you Taffy, but try sharing the Truth about your posting aliases with us all.. you'll feel better for it..
The Truth will set you free
There's a good boyo
What if? lol is this the new game here ?
What if the next belch of shares are printed end of June to fulfil the six monthly bonus scheme?
They’ll want a decent price - might be worth trading a few ahead of further vague news.
Just have to suck a few in to make the monthly 10%. Trade.
Morocco can wait.
GLA.
Jimmy23 keep on posting, these boards in general are unfortunately prone to over emotional posters who cannot accept critical views.
There are four companies currently operating in Morocco, only one is currently facing major delays and issues. Those three companies are not using amendments with short windows (36 days for the current one) so maybe questions should be asked of management decision making for the one company that is.
This concerted posting by the negative crew is pretty much a QED of Occam's Razor (put simply, "The simplest explanation is usually the best one").
I am not saying their views are wrong (though I have a very different view to them).
But the relentless extent of seemingly co-ordinated postings to the negative suggests a deliberate agenda (probably funded by those that might stand to benefit from a suppressed/stalled SP).
Occam's Razor in action.
Oftentimes, malicious intent is hidden in plain sight.
If these goons really believe the investment case to be so bad, then why not just sell up and leave?
Vote with your feet.
You may be right, you may be wrong - but I suspect you will not be missed.
FO.