So why Prd didn’t go to the oil and gas summit ?
Paul’s was too busy due prepping the next test ? Next? Where’s the first?
Cattleman with all due respect PG has said a lot and not delivered, forgive me if my confidence in his words is lacking
And posters berating those that had the gall to question PG on whether testing had started.
So testing will commence on 16th October unless told otherwise and they wait until 7th November to tell us it hadn’t started and do so by trying to smokescreen with plans for trinidad. I made mention of his ambiguous last RNS in a recent post, giving himself wiggling room setting no date as to when he needs to inform if/when testing has started.
Wire logging unit was apparently on site on 16th October? So what’s it been doing for 3 weeks?
They are an absolute joke. I keep hearing from some posters, there must be a reason but how much grace do you give a company that fail to deliver time after time and are so so poor at communicating to investors.
He doesn’t give one hoot about investors
The part that’s confusing as it that it doesn’t say when we’d be notified if it hasn’t started in 16th oct.
I.e we could get an RNS tomorrow saying it didn’t start on the 16th as planned. The wording on the FNS is ambiguous, hence the markets reaction.
No one here can 100% say that testing has started and for me that’s poor considering the thousands PI’s have invested
Results held back?
I’d be happy with confirmation that testing has even started tbh.
But if you’re not at the location when they are starting work, would you expect them to let you know they’ve started?
I 100% believe in PRD and I’m extremely hopefully but the comms are terrible.
Can anyone here be 100% sure and say testing has started? I doubt it, which is poor considering most of us are PI’s that Paul is looking after. Im just hoping there’s a reason and that we’ll all benefit from it!
Great post Zebra.
Didn’t Paul sing PI praises back in June/July?
Suppose that was when he needed money.
Interesting that even Lonny has gone quiet on the Twitter verse he was very happy to post back in June/July and liking numerous posts, that has also taken a back seat. Hopefully because he’s too busy.
It would just be nice to see what they are busy with. Even IF, big IF, there are talks ongoing this wouldn’t stop the need for testing/sandjetting? Surely
The sand jetters were already booked in? They can’t just be on standby in a nearby hotel Whilst they iron out a deal?
It just doesn’t make sense.
It also said production starts second week in September, Which is from monday 11th, I’d expect an RNS with flow rates before production.
However I’m in 100% agreement it isn’t ‘overdue’…
Those were my thoughts. I was under the impression the rigless testing was funded and mou4 was drilled in record time saving more money, somehow we still
Need money for both.
Unfortunately with PG I’m Often left with more questions that answers after the RNS’s.
Great interview.
Put that in your pipe and smoke it!!!!
Https://danielfoxdavies.sharepoint.com/:b:/g/EcsiTyRUsmpIluGk8VGZneABrga64dzA7JKyz12AWWlKQQ?e=ALsxl6
Lonny on Twitter
New PRD research note out this morning from Fox-Davies Capital, well worth a read.
We are very disappointed for our loyal shareholders this week following a DISGRACEFUL COUPLE OF DAYS. Believe me, we are equally frustrated.
Wasn’t that Nige??? Not MEM
Thanks MEM
Just re the testing, are they likely to announce after each wells been done or all in one go? And realistically how long will that take ? End of July?
Comment: PRD seems to be in a league of its own at the moment with its mix of drilling news and frequent fundraising. However, the market seems to be quite happily swallowing the latter, something that might lead some to believe the company is sitting on something rather significant in its wells.
Manipulation going on at its finest…. drop the SP buy in bulk… good news on the horizon.
Lots and lots of buying going on
Don’t think they’ve said TD for Mou4 A presumption would be around the same TD plus a couple of extra hundred metres for Triassic.
Like you fordy I am Also relatively blind.
I hold down a full time job, working shifts (not in this field) and have a young family. whilst I of course have done some of my own research I simply Just don’t have the time to catch up, I could spend everyday for a year reading but the knowledge some of these guys on the BB have is immeasurable.
One thing that massively jumps out to me over the past few days, obviously the micheal Caine Post, but also GRH post regarding this being the biggest opportunity in many a Persons lifetime, considering he was involved with GKP….. and that didn’t fair to badly!!!!
Once again thank you to the posters for continuing to provide insight to a relative novice……
I for one would love to read such post I’ve heard so much about.