Member Info for dissipline

Looks like they are gonna take it to £1.18 and see if there is a capitulation.

You have to decide your position size now and the volatility you can handle... to get through this over the next months.

Long term I like the space and the companies joining the figures as Nige and Poker have pointed out will most likely be improving. We got to be at a size where we can ride it without too much pain.

A bit fifty-fifty they were ass covering a little on guidance. However when you look at the additional businesses engaging with S4 and Microsoft being one you think the basis of the company looks solid.

When you look out for backend of 2024 and 2025 much more to look forward to. They are getting the business on firmer footing and are addressing profitability. We just have to maintain this base and then we can move back up.

We are taking a hammering for that one. Hopefully this doesn't comprimise the programme too much. We have the production wells coming on so revenue should be ok and more drills to come in fairly quick succession.

If they can get it down to one pound then I am another getting a shed load more.

The more I am reading with regard agency construction the more I am liking. All capital invested is at risk. This is one I am willing to take at an acceptable percentage of portfolio.

The chart as I said before may point to a return to the low. Yet, The company is expanding prudently now.

The big buys are over for a while and now it is organic growth.

Thanks for the India article and all the other guys posting this great content much appreciated.

As said this can go lower with the market. Accumulate of you want cautiously.

You have been saying the same message again and again. Would actually be interesting if you did not to repeat yourself.

Very possible it could drop further. Also possible that a few contracts and the further development of AI at this price it can rise significantly.

Short term likely to drop. Long term likely to rise significantly.

Went on Borders website and looked at Darwin could not find the drilling percentages for their presentation. Looking at 3.2 tcf, which is a very significant play.

To drill their prospect it is estimated at $1.8 to $3.2 billion dollars. The market cap of the company is $17 million and they have been waiting 12 years for a farm in partner.

It has been less than $8 million to get our drills away.

The percentage chance of a drill taking place has to be realised. All of us need to take that into account.

The Borders prospect makes me think Anchois is damn cheap at only $300 million and time to look at Chariot again.

Maybe we should cut PG some slack for getting his drills done. Now we realise shortly whether he is right or wrong on Guercif.

Page the idea that you expect a surveying company to ascribe an eighty percent chance of success on an exploratory well demonstrates you either have little to no knowledge or are likely a FUD player. That was a ridiculous comment.

If you don't like the risk go elsewhere. Come back and give us a list of eighty percent chances ascribed by the independent surveyors on exploratory wells.

It was the panache with which you got those bugs in his house that showed a true level of expertise that Jack Shephard would be proud of. Every damn move you got.

Hat tip...

It did get heated and for that I apologise. Healthy scepticism serves a valuable purpose. PG has had his back to the wall and the raises have been poorly managed as you astutely pointed out. He could have been advised much better.

Now we sit and watch. .. any successful prayers would be appreciated.

It tells you the dastardly nature of Nigel that he reads every move PG makes. I actually say that with love. Have not criticised him for a while. He may not be the Geology master but he is the Psychology master.

love and kisses....

Cheers.

Do hope we are not going for the 10 percent royalty and sale.
Either way if the gas is there the upside should be superb as long as the deal is well structured and regulated.

Question then becomes GRH would PG be able to secure a deal that strong?
Does he have the strategic advice around him to garner the best rewards.

It would be useful to know if there is that type of acumen at hand.

The basis of that interview was we are putting the company in a box and tying it up with a bow and selling it.

The ty up is where it seems we are now.

Negotiations are being most likely finalised and very shortly we get the results.

We sell Morocco. We sell Trinidad next year and then we sell Ireland when that drops. He's right it will drop into place too much money for it not to. Not with this coalition but with the next.

It suggests that parties like our geology as much as we hate PG's communications. The fact is we will have an asset realised with some cash in our back pockets. It won't be the call option play we bought in for. But we are in a process of monetising and it gets done now.

Positives and negatives.

Of course another Investor Meeting can be entirely different - specially if they don't get the readies they like.
It's the beauty of PG. Key question will be How are the negotiations going?

All in all if we stay in we get a 7x or more return over the next two years is my thinking.

If it sells off I will add.

sparrow can't be anything but unhappy that his FUD play is not paying off. They are executing very well so far.

But the FUD play will continue.

If happy sparrow is the worst little FUDder you have then this company has few problems. Other BB's have real professionals. The fact that we have pretty much him twit-tering on shows how under the radar are we are.

The key is working through the warrants. At some point the EPS will give this a significant re-rating even if macro is poor.

Right now more than ever stay nimble.

The real annoyance is we could have taken a placing if he was honest about MOU 2.
We know there are difficulties in O and G. Just be fking honest in communication.

But to just gloss over and when he has shareholders waiting on news and go into
another song and dance that what causes pitchforks to get sharpened...

In a few days easy...

"All the boys, the boys are here the boys to entertain you" It's an Aint it half hot Mam - farce.

I do think there is gas there and enough to get us out of the brown stuff.

But the operating side is a fking shambles. Thanks to the banks I sold down half my holdings
still have half to take a kicking on.

Not to mention Mou 2 was just a dip**** manoeuvre as it looks sly as hell. He has got to come out and give the fking interviews of his life because his cred over this latest debacle is shredding.

Didn't know we had some Jesse Livermore fans here.

Still the greatest trading book ever written. Completely got the psychology of people and the market. I just wish I had his skills.

Simple supply and demand. We got a big supplier. Need to let it through and then reassess from there.

No doubt at the moment the warrants are killing the price. At some point an EPS that we have coming is going to kick in.

We need Management to poke their head out. They seem very good. This is a Company working on Govt contracts and the process is slow. Once you are in though the revenue streams recur.

We are still at a very nascent stage and our valuation as we come down becomes even more compelling as long as we hit targets.