Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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“Paul Griffiths, Executive Chairman of Predator, commented:
"I am pleased to confirm that 2024 is set to be the busiest year for activity since the Company was incorporated.
The addition of a substantial, near virgin, field appraisal and development asset onshore Trinidad provides the Company with the potential to generate strongly positive cashflows in 2024 to contribute organically towards further development of its assets.
Another sting to add to our bow, we should generate cashflows this year…..
so, SJ ops within 9 days commencing, MOU5 drilling within 30-40 days drilling, M&A this year, T&T development this year, £4-5 SP with in 12 months,… strong buy imo…
Dave wrote:
“Paul Griffiths, Executive Chairman of Predator, commented:
"I am pleased to confirm that 2024 is set to be the busiest year for activity since the Company was incorporated.
"The addition of a substantial, near virgin, field appraisal and development asset onshore Trinidad provides the Company with the potential to generate strongly positive cashflows in 2024 to contribute organically towards further development of its assets."
The only word in that paragraph that means anything is POTENTIAL. I have potential to be a multi millionaire. In actuality it means nothing 😂
It’s the 20th February rns which is important
“ 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.”
Waiting on that update now.
Jimmy
Av: by saying you don’t believe in the potential means that you’ve just admitted that you’re not invested in PRD ! So it’s true that you an alternative agenda .
Dave ; good post and as always the gentleman
AV
I'm pretty sure Potential is in the OED and has a specific, so unlike your posts it doesn't mean nothing.
In this context the.potential is the possible discovery or a major gas resource but it is by no means certain- possible though so for many they are willing to see if the potential reward comes to fruition hopefully within a sensible overall risk approach to portfolios.
GRH. .. .. .. In the context of
😇the First Extension Period /timing
😇and more widely ...
Would it be quite something
were PG to confirm
😇'3 D is for the next man'
BTW...
Did anyone go to the recent presentation? Folk might want to consider
If drilling the Jurassic ...
Then deeper to the Triassic ...
Would cover a major item of work commitment (2,750m)
Of the Second Extension Period
#PRD
If there is a link to licence details, much appreciated. I'd checked the website and also Sleeping Giant but could not locate the full Ts&Cs or whatever version of them may be public domain.
TIA if anyone can help.
IJWT,
See Table 3.1 on p99 of the prospectus (P6 of the TRACS CPR) for the licence details:
https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2023/08/20230810-Project-Allossaurus-Prospectus-FINAL.pdf
I would like PG to confirm a date for flow testing
@Porters
I would like a lollipop 🍭
Do you not want to find out if gas is their?
Am I reading that TRACs report right ? Pages 95-96 , From Mou1- Mou3 we only have 2c fully risked contingent resource of 7.76bcf net to us and 2c fully risked prospective resource of 5.72 bcf net to us ?
What am I missing here ? Where is this equating into multiple TCF ?
Unrisked prospective resources are highly speculative and do not represent current reserves, future production or even future possible reserves.Estimates of future production, cash flow guidance and certain expenses may be considered to be future-oriented financial information or a financial outlook
BRV
Thank you, I'll have a read on the train tomorrow.
Again thanks brv, in james we trust the licence is extendable to sept 2028 so plenty of time to gas flow test and sell it on in morocco,the money can then be used to explore the 16 other areas of interest just in morocco,trinidad also looking to be valuable with a tcf from all of the old wells,sandjetting etc will clear the wells for better flow,this is a long term holder for me, many fingers in 3 pies so far.