Member Info for Bradleybear

People cant read an RNS! Wire logs run and tests to be done and on we go with the drilling campaign!

40bcf is commercial for 10 years. All the pumping and dumping should of happened by now or a long time ago tbh it took a while to get to these levels if anything it surpassed these levels not long ago

Far as am aware if it is a duster I expect it to be announced far quicker then if its hit.

Far as am concerned nigel isnt worth it everytime he rears his head he seems to shake the BB and after reading a few of his posts they always add a tinge of fear to them to throw investors off. I wont mute you because it's always good to know bear like tactics. The tighthole statis is to prevent anything getting out! So the fact the SP goes up, down, sideways or around and around in a little circle is irrelevant and anyone stating otherwise goes on the the nigel numpty list

Handwinder any evidence of someone big selling? I'm finding it very hard for you to know unless your the seller

What does a 100 bagger have?

Management that hold shares large amounts

Projects or assets that can be scaled up many fold

Low mcap

Ways of increasing monitisation

And more!

This company has all that and more! So please dont think your late to the party

Gross capital development costs for start-up production of US$15.185 to 15.833 million, depending on haulage fuel choice and steel components used. Net to the Company's 75% working interest £8.2 - 8.6 million using an exchange rate of US$1.39 to £1.00.

 

·    Total amortised capital and operating costs over the 10-year life of the pilot project of US$2.79 to 4.24/mcf, with the lower estimate based on using greener CNG and not diesel as haulage fuel.

Undiscounted net-back, excluding the drilling of an additional development well assuming MOU-1 is potentially completed as a production well, uses published gas prices for the Moroccan industrial gas market of between US$10 and 12 /mcf. These are underpinned by strengthening oil prices.  Scoping net-back for example is  US$7.21/mcf at US$ 10/mcf gas sales price and using the greener CNG fuel haulage option.

Scoping annual gross undiscounted potential revenues of US$26.3 million (US$19.7 million net the Company's 75% working interest) for 3.65 BCF of gross annual gas production would support a potential commercial development in an MOU-1 success case and provide multiples of the development capital requirements necessary to attract reserves-based lending. For a 10 year pilot project life, total gross gas resources required are  36.5 BCF. For the first 10.6 BCF of net gas production no government royalties are payable and there is no liability for corporation tax until 10 years have elapsed.

Wont be too long now the best thing about this company is the managements style of diversification.

Anyone know what the SDX cos was?

That Irish asset is looking mighty fine lately as well as all these other single company making assets! Cant wait to see how this pans out and will be waiting patiently. Hope all the derampers have retired now with 4p predictions you did get oh so boring

Anyone care to comment on the newest satellite pic of the site?

Not long now!

That old saying not long now! It's great suggest something good just round the corner its literally right around that corner!

Let me stop people this isn't about round corners or the next few weeks that is not what has given this or will give this business credibility in years to come.

It took a long time to get to this point ask all LTH and it will take a long time for it to get to its final destination!

Do not for one second see that as a bad thing tho! If I told you tomorrow you could be wealthier then the day before but in 5 years you could be vastly richer would you hold?

The assets PRD play with today are but the start of a great journey and I hope you all join me to the end!

Another day another dollar

I didn't mean to time my post so well last night but it does prove my point.

I suggest everyone read 100 baggers it's an excellent read and you will see the links between PRD and such baggers.

The last tick in the box to get this party started is revenue!

What's that you say fall back to 4p on a duster! Hahaha

It does make me laugh sometimes when people try to make a large picture seem oh so small without realising the picture we see is actually small compared to the picture it intends to be!

Remember everyone each one of these 3 projects is now on it's own a huge company! Think about it!

How big can morroco be?
How big can ireland be?
How big can trinidad be?

Each sector, area and asset needed and carefully selected! Each one with little LNG branches coming off and governments willing to lower c02!

Remember this isn't just a drill in morroco this is multiple plays with the intention of reaching Paul's final goal! Imo a 100 bagger!

Evening everyone it maybe day 4 of the drill but I'd like to say 3.

As for the shares today just slight dilution and not a single one sold.

Again none of the management have sold any shares and as such are aligned with shareholders.

Dilution you say is a bad thing! I beg to differ my friends dilution comes in many forms. Dilution to keep the lights on is bad but dilution to spend in more projects or reinvestment into projects is called ROI. This Is the makings of a 100 bagger if management are both aligned with shareholders and all raises go to the growth of the business e.g buying a morroco gas play then dilution isnt actually dilution but growth.

See you all on the other side good or bad this ones excellent long term chow!

Hope your all having a wonderful day long term I'm not too worried about the SP. Saying that if I look today I believe we have buying meeting or exceeding sells the bottom must be close. Looking at this as a LTH I'm happy I understand the frustration on traders and such but I would if I was in your position read the website and the 60% cos on parts of this drill! Which by the way has already had info released in regards to what is commercial. For the lazy ones out there anything 40bcf or above is commercial and 60% cos is based on near 200bcf chow!

What creates a 100 bagger and why PRD could obtain this?
For LTH I salute you
For short term traders meh
Three major assets plus smaller spin offs
Ireland lng
Morroco gas play
Trinidad c02 injection derisked

Management own a huge chunk of shares!
Management have huge experience!

Each Raise used for ROI! New assets or more projects!

The point being PRD isnt aiming for a bag
PG could sell now and make nearly 7 times his initial investment!

I could be wrong but PRD is aiming for 100 bags

and if I am wrong well I'm gonna end up with a lot of bags anyway!

The Journey seems longer to those who worry about SP rather then those that worry about value.

Let's talk about PRD and its projects since inception.

More projects now then ever before

Dilution to get those projects? YES

SP suffering because of these Raises? NO

It has suffered it went from 20p down to 14p brad! No it didn't! If you look it went from under 2p to now 14p in a very short amount of time!

If your sole concern is the SP and not the growth of the company and its projects then you need to ask yourself why am I invested!

100baggers deserves 100 bagger patience see you all at the other side and I expect it to be much more expensive to jump in within 3 to 6 months.

I refer to one of my previous messages to the BB a 100bagger needs 100bagger worth of patience! Those suggesting even failure of this drill is the end to the company need to see the other projects and read first what is written.

The cream on the cake gents to suggest that PG is in this for a huge amount

This month will see the execution of the MOU-1 drilling programme in Morocco, potentially the single most important catalyst to creating near-term shareholder value over the last 3 years

Written june 4th

SP june 4th 17.5p

Do you think a CEO who has purchased shares at near 2p who hasn't sold 1penny worth is going to say that if he believes it isn't true?

Any long term holder will see through the crap if the short term traders and so I hold and potentially believe in the 100 bagger story

PG is not at 1p or 10p or probably even £1 he's after moby dick imo

If you want a 100 bagger return you need to have 100 bagger of patience! Me like many in hear have been in since the beginning and the same thing happens! The SP dips a little and the new guys start crying! Look at the SP in the last year! Infact if you knew what you were doing you would forget the SP and focus on the business! The business as it stands more then makes up for the SP!