Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
$600k per day net to PRD for 50 mmscfd from Methodology on Reddit
My thoughts entirely chaps.
I am sure the 160 TCF delta includes other prospects, but surely non are as close to fruition and have the confidence levels of Guercif.
š-er I reckon
Thanks Donal.
Word āstudy ā an odd choice. Iām on a small screen, so just skimmed.
Quick take aways
States individual gas fields can be ring fenced. Does this mean we can monetise in a series of chunks as we prove them up? Not sure what happens if itās all one structure.
Seems to be a big chunk of cash for a CNG study.
Decent chunk for MOU drilling costs - which separately were linked to MOU4 - thought that was done and dusted - can we still fund 5 from this ?
Classy Bob
Wow.
Just logged in after a few days to see this has been turned into a grand- masters vs pigeons chess tourney, pretty much as GRH predicted.
Mission accomplished for some I guess. I canāt even be bothered to provide any form of analysis of whatās going on.
Over to watching the company, and how our prospects develop.
Ciao.ššš
Pret
Is that Hugh, Donal?
Left and a right for you there Jim.
Honest AND disingenuous.
Nige just canāt help himself.
Perhaps you could earn more respect Nigel, by refraining from peppering your posts, irrespective of their content, with sneering, puerile, personal insults.
Unfortunately I suspect that is part of your raison dāetre,
Iām open minded about whatās been happening. Maybe we are being strung along in a jam tomorrow way.
However, I tend to the notion that we do have a very significant resource, and would rather the team focussed on bringing that to fruition rather than window dressing with interviews etc.
They have never had a great impact in the past, and no matter what is said provide bones for the armchair t
Geologists to chew on, and invariably spit out.
Zzzzzzzz.
Itās not AIM.
It is London though.
Not just money Keith, leveraged positions , capable of generating āseveral hundred percent profitā.
Or catastrophic losses.
Lupine eh?
Watch out for Dennis Moore, Bob
Pv72
Hammer, nail, head.
Strange to refer to yourself in the third person L
Wow - this is crass :
Yesterday Louis posted
"Good would be a placing to fund MOU-5 and keep the party going.
Dangerous would be flow testing."
Today OJ writes
"A big winner so far this year has been Predator Oil & Gas (PRD). Management has sensibly (from their point of view) continually delayed testing, ensuring the ability to keep fundraising for each well. "
and
"Forget long term investment potential with companies like PRD. The project might come off, but the vast majority donāt and overall youāll lose more than you gain by holding on to these types of companies post drill. The easiest money with these is made from the short term trading while events are taking place. Gear it up a little through a broker like IG and gains of several hundred per cent are there to be had each time."
Leveraged shorting ....
Answers on a postcard please
ā¦ā¦ and there you have it.
Trade, trade and trade again.
Accusations of bullying from one who throws puerile, offensive insults around like confetti, including the recent hypothyroidism derived one carry no weight at all.
Stay classy Nigel.
Timing.
Who knows for sure about placing, pricing, testing etc.
Think on this though - PG and LB loaned out their shares to enable the last raise, from memory at about 10p.
If the prospectus allow them to be returned at a small premium - letās say 15p, no big deal.
However if the rigless testing is successful, and the shares are returned at a significant multiple, then maybe eyebrows might be raised.
Just a thought.