Member Info for dai2belts

Yeh, some rubbish ones too, studying a couple, got 3 that look good, but a few bits don't tie up between them, but they are taking a slightly different approach.. so confusing..

I have car to fix so was up late, now looking for the wiring diagram before I test the sensor, but struggling to find the info, which you would think would be attached to the parts details..

PRD, looks a great call, did you get that bouncing off the low or second dip ?

I would have been looking for lower,

I dont imagine there will be any testing until after the shares get placed, as that will be when the funders officially receive their shares and PRD get their cash....

I wish I knew more about those new shares, if they can be forward sell from today..

I have'nt been watching the share count, but for them to announce raising £7m, then to come up an extra £3m over night, I dont buy, I bet that was all sorted before the announcement...

Question now is, how long will it be to 1st results, as £10m needs to be flipped at a profit before then, unless they have been given some interesting logging results, in that case they have been given a nice discount considering the price hit 20p....

UPL, pumped and dumped, unbelievable,

will this go again ?

https://invst.ly/10vvd5

I dont know, just 2 months time, he would have a fantastic find under his belt.. So why not wait, unless he is a really modest man... I hope its not health issues,

Seen UPL massive drop from todays high 2.15p, back to a low 1.15, now 1.35

@KevR, I like your question,, natural troll lol

"When will we know IF any of these wells are commercial?"

If these new shares are guaranteed to happen they can be Forward sold, but cant work out if theses funds have a possibility of not be approved by FCA...

In the event that the Prospectus is not approved by the FCA in time to enable Admission on 15 August 2023, Admission will be delayed to ensure that the Company will have sufficient headroom under the Prospectus Regulation Rules to enable Admission. Admission will take place no later than the back stop date of 8.00 am on 31 August 2023.

That company seems to know every trick in the game, Its not AIM, but pays no stamp duty, and I believe but not sure that it needs a prospectus to raise but gets around it..

UPL I just cant believe it lol

Really got that wrong, thinking its too early, still rising, its been flashing up in my calendar for months to check daily...

Odd time to be leaving, just before discovery ?

Odd choice of companies, soon have World Class Assets?

I hope is because it about to become too big ..rather than he sees it as just another explorer..

Eventually I recalled the prospectus, PRD is listed on the Main Market, not AIM which I find odd as I dont recall paying stamp duty.... So need a prospectus...

Would be nice for TW to explain this placing lark, we cant but we can..??

Okay, asked this before, when can or cant they raise ???????

My memory is shocking ...did somebody explain prospectuses before ?

Talking about giving the impression no raise was due near term.........................

PRD 28 Jun 2023 RNS Number : 1192E

"The Company does not have sufficient headroom to enable issue and admission of new ordinary shares without the production of an )))))))))))FCA approved prospectus((((((((((((."

Today,,,,....................................................................................................................

a. The Company does not currently have the ability under the Prospectus Regulation Rules to apply to the FCA for admission of the Placing Shares.

b. The Company is working with its advisers to obtain approval of a prospectus (the "Prospectus"

c. In the event that the Prospectus is not approved by the FCA by 23 August 2023, the Company will however have sufficient headroom under the Prospectus Regulation Rules to apply for admission of the Placing Shares.

https://www.lse.co.uk/rns/PRD/proposed-placing-to-raise-a-minimum-of-1637million-g21iv04ri617r0e.html

This sounds suspect,,,,not so convincing......

==========================================

The Company will rigless test MOU-1, MOU-3 and MOU-4 to establish gas flow rates. This testing programme will determine whether or not the threshold amount of gas required of one million cubic feet of gas per day (0.35 BCF / year)...

Subject to the results of the MOU-1, MOU-3 and MOU-4 rigless testing programmes, the potential for CNG growth will be evaluated in the medium term to assess the potential to scale up to 34 million cubic feet of gas per day (approximately 12 BCF/year).

==================================

Saying that, 10p, and pile my JSE in there, see if I can trade that loss back...

Its hard to know if it will hit 20p again, when testing scheduled to start ?

Ten Peas might sound cheap but it was 5.5p, broker note was something like 15p for a single discovery..

Testing is more of a de-risk point, if a bad result comes, ouch ...

But I think they will keep the results until all are tested unless there is something good, as I believe they claim logging results were sent away, and where are they ????

88e have had theirs returned, could look to see how long it took

While you wait, something to scratch ;)

https://www.youtube.com/watch?v=2JAOTJxYqh8

Been out most of the day, those who paid 20p, just got a slap.. " residual MOU-4 well costs " so were out of money maybe..

So held off testing until after the biggest raise £7m & more if possible, definitely milking the PI, which is fine if they get a discovery..Surprised the price held, Ohhh after hours RNS Naughty...

10.5p maybe, then there has to be some news for the II to flip, maybe 14/15p possible.. but there will be a few soured as next phase was financing not testing, and PRD really let the price rise before doing so ?

Interesting comparison between UPL and LBE, on the LBE BB....

Holding AIM shares is a disaster,...should have been the road to recovery, its IOGs twin

Well caught there, major institutional shares holders will be playing this, as they have all the details.....

It could be good opportunity to trade now though, 50% below placing price, and all going well news of a fix expected which will probably keep getting delayed if it is something serious

TOM on death doors still, doing good rises...

Was'nt a month, july 29th alarm was raised.. So tank has'nt been emptied yet...Think I need to go to spec savers...

Tank 4S will be emptied and cleaned over the next week to permit an inspection to identify the source of the communication between tanks and allow for appropriate repairs. Following the inspection, a further update will be provided outlining next steps, any potential costs and any impact to production guidance.

So I guess its about gaining access to the tank, makes you wonder why a drone or diver cant carryout first checks..

Another, you certainly are showing your experience ..

WAND, CDL WSBN, all doubled, Nice

UPL is moving faster than I expected, missed out there....

JSE, thats bllooody bad luck, what a fooook up, all that previous down time on a road side repair(did'nt dry dock), huge impact covered up, and its happened again but this time they are in debt, while last time they were flush.. RNS does'nt add up...