Just to let everyone know in no way am i deramping this company i believe this will open the door to far more as time goes on! I pray to god this is like cove investment. If it is within 3 years well just look up cove.
Honestu youve said this in about 3-4 of my shares i think your just there to purposly deramp and not have facts to prove why! Dont say people have derisked so this isnt going to work! Thats not an argument you idiot if if wasnt going to work they would pull all there money out. A 19mt mine in spain is worth more then double current share price idiot!
Happy sparrow your deramping! The evidence was proven bogus before no ones apposed colter yet! And everything written in that is fake thats why the post got removed so jog on
Its all his own money listen to some of the older podcasts it tells you where he got the money from. But he hasnt made any loans and it sounds like the fundraise will last us even longer now. Production begins january next year and with spare money hes probably just gonna keep aquiring more and more wells. Each with the potential to make more then 6x the oil there currently making. Trust me i have shares in ukog! An oil company which are happy with a kimmeridge producing over 1000+ barrells a day! There market cap is 70mil+ if PRD get even half the wells they will be producing thousands of barrels in years to come. So far 400 from 2 wells and they can ramp up the c02 to aquire more as time goes on!upside is massive
All thats against this is location theyve revamped the company and are moving forward at a faster pace i am impressed i just think the people that arent are either impatient or been in this for years. Either way am sticking with this regardless because one wiff of a jv, sale or anything will have the sp shooting from this point into outer space. Again its just location that being said my research indicates ots surrounded by mines anyway so if it takes time it takes time but it will sell
Not likely to get a rise probably 0% or -couple % so far the market is a bear market today. Could also signify due to lack of drop we are close to base so it has become higher
I agree with quindell. Currently also invested in bzt and thats the only problem they have is location. EUZ if the mine size increases to say 25mt+ i personally think will be sold before end of 2019 imho dyor.
I know this sounds unbelievable but i dont think hes going to have a raise. From what ive previously read its all about producing cash to pump into more projects i could be wrong but no raise has been mentioned. And the startup costs per well arent anywhere near expensive as previously thought.
I agree with you they shouldnt of done that but that being said its a19mt resource in spain that has potential to grow after extension drilling or drilling deeper. I think people wanted the hear and now and not the next week. I guess traders need quick results