Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
!6,000.000 buy, nice amount even for the run👍
Big five oil companies to reward shareholders with record payouts
https://www.theguardian.com/business/2024/jan/01/oil-companies-shareholders-payouts-bp-shell-chevron-exxonmobil-totalenergies
One many haven’t seen, it’s a good 7 min listen…
https://youtu.be/i2U2Z6sTlJ8?si=xSgSmPoqJ3c0SBUt
Going to be interesting to see what they have been doing since November😎
“” Planning for the workovers will start immediately with production recommencing in early 2024 if all operations are successfully executed.””
special needs…
https://x.com/politicswatch14/status/1734368523919434018?s=46&t=***7ic_aw5cz4qjjyxnzma
Paul Griffiths, Executive Chairman of Predator, commented:
"We have worked diligently to plan the necessary sequence of activities required to highlight the gas potential of the area and to be in a position after rigless testing to submit an application for an Exploitation Concession.
Unfortunately an unforeseen administrative regulatory issue totally out of the Company's control caused a delay in the execution of the rigless testing programme. It is not possible to keep well services, equipment and personnel on standby indefinitely. Such services are in high demand at present elsewhere in North Africa. The costs that would have been incurred by the Company are simply not justifiable when prudent management of cash resources is essential during a time of uncertainty in the equity markets in the oil and gas sector.
However the additional time that is being accumulated before rigless testing can commence has enabled us to execute a Memorandum of Understanding in relation to Gas Sales with Afriquia Gaz.
Furthermore the Company was able to conclude the acquisition of TRex and oversee the transfer of a large quantity of technical and commercial data to enable us to begin to plan the initial Cory Moruga workover programme for early in 2024.
The Cory Moruga Project is equally as exciting as Morocco, which will be demonstrated through the publication of an Independent Technical Report expected by the end of this year summarising potential resources.
We are extremely fortunate in these difficult times not only to be fully funded but also to have two projects competing for the generation of production revenues in the near-term.
Administratively it has been a difficult couple of months, but we are ‘’exiting 2023 stronger” and even more “resilient and secure”in the knowledge that the Company has been transformed over the past 12 months. "
😂😂😂
MEM… My thoughts exactly all along..
A nice Genuine post as always.. GRH 😎
Porters… Thank F F that 👋
Ahh thats better..to settle the ship for some…
Appreciated..onwards & upwards….
I agree totally on that… lack of un educated control I have always been taught…
Isn’t there a meeting on Tuesday 24th in Morocco…
All about oil & gas … I’m sure PRD will be the talk of the town!! Not long now…
You would’t want to be out now, especially over the weekend coming…🫣
scott is a **** hence why i sold out at 1.10p lovey buy at .29p…i don’t normally reply, but you do talk a load of ollocks…😉
No wonder why GRH comes of the board & others like Caterham7 … Christ.. move on Children..
The Rns stated as enclosed…”Extended rigless testing programme” & “Commencement CNG development Studies”..& Long lead time items..etc etc…
· The net proceeds of the Placing will be used for completion of an extended rigless testing programme for MOU-1, MOU-3 and MOU-4, commencement of CNG development studies and tendering for long lead items, residual MOU-4 well costs and general working capital.
The interesting bit is..when are the shares being returned 🙃
MEM..quite amazing figures they were from Keith…
Is that all? 😉