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I think your body clock is a day out....:)
Further to the Company's announcement released on 17 March 2022 (the "Placing Announcement") that it has conditionally placed 11,500,000 new ordinary shares of no par value in the Company (the "Placing Shares") at a placing price of 9 pence each (the "Placing Price") to raise £1.035 million before expenses (the "Placing"), it is now expected that the Second Admission will become effective and that dealings in the Second Tranche Shares are expected to commence at 8.00am on 1 April 2022.
Today is Thursday 31st March.
Tomorrow is 1st April...
Big red dot Rns on top of this page.
Doesn't matter anyway, just a few more shares to filter through......couldn't have happened at a better time, lots of people getting their isas sorted in next few days....chaos will ensue :)
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Hiya freethinker, lot of good very valid points in your posts....not picking holes, but Rns today shows second tranche of shares start trading tomorrow ...
Copy/pasted off your post
"Yesterday trading returned to previous low levels. You may. ask yourself why? Again, simple answer, the second tranche of new shares begin trading on Thursday 31st".
Still very valid posts though, some dates would be appreciated as opposed to rough q2, h1, h2 .
Nothing like a 10%drop (or worse)to set Bb alight
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Hiya Freethinker, oilbaron,everyone....
Right bear with me as not going to scroll down screen to find names and reply in person to whoever posted today but will reply to some of the comments...
Only here because stuck in here on the spike and need to get out
Ummm...i have been in with (to me) a considerable holding since 3.8p...and yes i can prove it.anyone wants it just ask......also know that nicodemus has a lot more than me, i wont say how many as that is his to disclose (with his daughters and wife) he's also been in since the 3's. May have been earlier ?
Paid rampers/derampers...
.give me proof, not just accusations on a free to air views bulletin board....and verifiable prooof...not just vague 10p a post crap....which at moment is pretty good wages if you are ex/returning p&o Dover employee..not a dig at them, i spent 36 years there and left before all the faeces hit the revolving blade..
Updates re mou1 testing, mou5, mou4 drilling.......yes we could do with an update, sdx will have drill until late may (planned) so no way are we drilling in may as per Prd latest timescale.(you reading this Lonny?).
Just my tuppence worth, now i await the inevitable shooting down etc...
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Hiya stiffy, if Bp are going to use it, they wont be messing about with small amounts of co2, seems a good way for Ceg to just purchase small amounts needed for their operation, shipping the co2 doesnt cost that much when the ship is going there anyway(picking up oil) also in reply to another poster, Ceg are apparently fixing the roads access, and electricity supplies.
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Afternoon everyone.
Just my take on present situations.
Mou4, 5 to be drilled same time as testing mou1 to save money, no funding at present for mou4/5....so no drilling in next few weeks.
Co2 eor in T&t....contracts still being sought out? Ceg say they will be using co2 eor, could they be getting co2 off one of the majors(cant remember which but was in one of the t&t oil papers recently posted) who are going to be using it? (Shipped in as no access to T&t co2 as we have exclusivity)
Haven't a clue with Ireland...
Next 2/3 weeks going to fun sp wise......recent placing so lots of shares will be floating about going for their inevitable 10% ......also start of new tax year with people shifting money to isas ...
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Nearly forgot
"Allez les Bleus" :)
Hiya Kammy, as a matter of interest, most of P&o (Dover) seafarers were British, Dover being the largest(by passenger numbers) ferry port in uk....i left them 2 years ago after 36 years of employment(my own choice to leave,
Oh and good luck with eua, nice rise yesterday :)
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Hiya Grh, everyone....earlier on today on Bbc news...one of the presenters/correspondents brought up the figure that in modern warfare, to take a city etc, that has armed it's holders, you need approximately 5(five) times their number....we live in worrying times.
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Hiya Highways and welcome.
It's not a "measly" thousand.....you worked hard for it, obviously thought who or what to invest it in , and i really hope that this comes extremely good for you......and the rest of us of course.By the way....yachts are not all what they are cracked up to be....wasn't it Edward Heath who said it was like standing in a cold shower ripper up £10 notes? Once again, welcome and good luck to you
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Hiya Agd62....luckily was not on duty that day, ex wife was heavily pregnant with our daughter and honestly thought that she would go into labour or worse that night.....and yes i did get it wrong, was Sunday not yesterday....i lost yesterday somehow,...my mate who died on there (i knew 6) his father used to travel across to Zb with us every anniversary....never got over it.Was on the Spirit of free enterprise at time, was horrendous in weeks after....lots of passengers got a few "smacks" through snide comments...i travel a lot to Belgium and rest of western europe....or did before all this covid....anyhow enough of clogging up board...
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Hiya Graham.....took bloody ages to tap that out(earlier post) having to use 2 small screens .....ah well, i would be very happy with just those figures let alone 4x :)
Doing reasonably Aok...
Realised yesterday that it was 35 years since Herald of free enterprise disaster....i was on sister ship at time, time flies but memories still linger....getting old too quick methinks
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Quick glance through Novum report gives this.
5mmcfgpd gives 8.1p per share
10mmcfgpd gives 17.9p per share
25mmcfgpd gives 49.7p per share (economies of scale)
At current 294 million shares
But they doubt that Mou1 on its own (rigless testing) would support the criteria for a commercial development( page 6)
But on page 8 they say that should mou1 provide commercial quantities of gas, it is feasible that it could provide sufficient gas for a pilot cng project.
Prd say we need 2 wells for sufficient supply of gas....
Just trying to make sense of all this.....along with Methodology's amazing presentation last night......time to burn the midnight oil i think....
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Good afternoon everyone, just re read the Rns, it's the first time i seen Mou north west mentioned as opposed to mou ne.....or did i miss it in earlier company message?
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Good evening Footandmouth.....Wow....that is some presentation!! Just had one quick read through, one slower read through, time to hit the text books i think to try and make some more sense of it.
....if you are on board tonight Methodology, thank you for your research .....amazing.
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Did actually cross my mind that testing may already be in progress/done.....ah well....should find out q2/q3 whenever.......going to be chaos in next few weeks anyway, new tax year with people moving pennies around to isas, Ramadam at roughly the same time as mentioned by a poster on here a few weeks ago....and obviously the Ukraine/Russia conflict.....and in midst of all this we are still waiting on any news :(
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At moment am in two minds about what PG is doing, think he may be going "all in" on testing Mou 1 and then the JV have to buy in at ridiculous price.....problem being, if testing doesn't come up to expectations( which at moment are at very low 2-5mmcfbd) then Sp falls through floor....then we have to go down the ridiculous placing price fund raise....no "news" since January only a few cryptic tweets from one company man, and one other person we know nothing about....still awaiting news on T&t, still waiting on webinar(as soon as possible early in 2022) nothing about the other "project" which was mentioned in last fund raise?Yes i am very aware of Ukraine/Russia and very real threat of escalation, but above points about Prd have been on my mind for weeks before the conflict.
There you go, just my point of view.
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Hiya seven dragons....not too sure about the google link....am interested when webonar is though.....were told it would be soon after cpr.....
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Really hope this is just sabre rattling for everyones sake.
https://www.bloomberg.com/news/articles/2022-02-14/european-gas-surges-as-u-s-says-russia-may-soon-attack-ukraine?sref=Em01M8Hr
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Good evening everyone......hopefully i don't mess this up as working on very small screen ....and hope who ever isn't "following" Methodology on reddit/twitter can understand this....just spent a fruitful hour or two going back over Cpr and recent webinar presentation (,Sept 2021)....then found the following figures......unfortunately i didn't realise that Methodology had already put them on Reddit /twitter so for any new/prospective investors i have copied the below figures with thanks to Methodology.
Mou1 compared to Lam1 (rharb basin)
Lam1
Porosity 11.5%
Net pay 1 metre(one)
Flow rate 1.9 cfgpd
Mou1
Porosity 18-25%
Net pay 10m (Ten)
Flow rate ???.
Just something to mull over while watching re runs of todays six nations matches.
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Just looked on hl account....think its gone nuts, showing sell at 11.90 ....buy at 12.10 but +2p but 19% rise...
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Good morning Milcait....everyone,not sure if this link will work Milcait but if not, just go on "you tube" and tap in Paul Griffiths Predator....comes up with a few videos...
https://youtu.be/g-3dSIXbqN8
Gla
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