RE: We have gas22 Oct 2025 20:41
👍 We have gas
For anyone with a basic intelligence, it is clear that there is gas in the Moroccan sands, plus a likelihood of Helium.
Historically these sands have also produced oil.
We have hardly scratched the surface of this asset. In that time we have produced countless logs and data proving there is gas. A prime example is Mou-3. The well was so overpressurised that it gave Predator problems. Our well engineer stated that with correct treatment the gas can flow. Due to formation damage this has not yet happened. But the gas is there.
The simple fact is, Predator has an asset that has shown gas in multiple wells.
The other thing to remember is there will be multiple areas of our licence that are yet undiscovered. The potential is enormous.
The hard part will be the negotiation to get a decent deal.
We may need to prove up Mou-6 to achieve top Dollar but PG has said that is the overall concept that he is marketing.
He is also aware that we can be swallowed up whole for a pittance. To date he has kept a tight rein on finance. He has also started building up Trinidad and a way to strengthen his hand by producing revenue.
Like all businesses there are games being played and corporate agendas designed to wear a company down so that they become easy prey.
Predator are staying strong, they are solvent and showing a marketable value for potential clients.
Last point, the Moroccan government and their King want the gas and are building up their infrastructure and staff. They will not let years pass and will have a massive influence on everything. Our relationship with them is good.
To sum up. This share is currently 3p. My break even is 10p.
We will sell for way higher than this low price.