RE: Even I’m31 Jul 2024 19:33
MunnieTorx,
This is a recent post from you :
"MunnieTorx
Posted in: PRD
Posts: 284
Price: 8.50
Strong Sell
7p range short term17 May 2024 14:14
This company knows how to do three things very well
Not test their wells.
Raise capital repeatedly for testing and not then test.
Destroy short term value after capital raises.
The 7p range is entirely likely to materialise in this apparent news vacuum.
No news on drilling, no timelines, no news on sandjetting.
If Paul Griffiths is angered by the lack of value attributed to Predator by the market then it truly does seem to be of his own making in the short term.
Regardless of the potential prospects IF PRD drill or test, one only has to look at the historic approach managment have taken to deduce that they are likely constructing yet another un-meetable timeline or change of plan to dish out to the market.
I said the same at 10.5p.
I will be saying similar all the way down to 7p and lower at this rate, although the volume shelf at 7p seems to be a reasonable support.
Hopefully a meaningfull update soon, but that would see the sp lift back to the 10s perhaps. Certainly plenty of time and opportunity to get in a bit higher, but why be in now when the market cap will invariably slip away even further in this environment of lack if transparency.
Geology is seemingly strong.
ITR strong.
Prospects strong.
Could be big (should be big).
Lack of 3D seismic... questionable (didnt help Chariot though did it!)
However, PRD ability to execute in timely way or meet own stated agendas... very vey poor. Lack of Nomads is not a plus in these main market listings. Middle fingers more than rns' unfortunately.
Sell (or at least dont buy), until update.
Not invested curently."
You are as selfish as they come...
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