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I should also have added that I am also excited about the possible USA listing just as BwanaMakumba previously indicated would be a possibility. The SP should benefit from US exposure. A keeper for me from what I am hearing.

Watched the webinar, and I am a lot happier from what was presented.
-The Yanks have taken a position here which I regard as a vote of confidence in the business model. It also means that a take over could happen if the business prove to be profitable.
-offtakes being lined up.
-Low risk associated with PRE achieving a viable cracking process.
Finally, 2 years isn't long to wait. This is definitely a keeper for me.

@RareEarther, if you are accusing Tony of trading, then say so. I commend Tony for having the good sense for trading some or all of his PRE holdings rather than sit and watch it's value dissipate like I have been doing. Saving one'side capital should be of paramount importance. The minus sign is not a welcome sight.

I do hope that the pending operational update will report that some milestones have actually been achieved and not more pointless empty statements as we watch the SP heading south yet again. At the risk of being labelled as a Yankee sympathiser, it would be lovely if it was reported that there is a jv with a USA company, or better yet, that they are going to take out PRE.

Thank you NdPr. Cheers Tony, well said. Let us see what happens leading up to Christmas.

Sorry NdPr, I do not wish to engage with you in a meaningless back and forth based on IF and WHEN. The fact of the matter is in the here and now PA hasn't delivered, and as a consequence, the SP tanked. Quite a few of us are significantly down. I will be happy at this point for the SP to recover so that I can take my money out at BE. I am not impressed with his performance and his inability to meet his own stated schedule of activities. Heck, he can't even be bother to engage with shareholders more frequently like he promised.

NdPr, it is indeed your right to doubt my intentions. For my part, I have posted positives regarding PA in the past. However, I think it would be pretty idiotic to sing the praise of PA after the SP has tanked 67% as stated since March. Had he achieved 1 of the promises which seem to come readily from his lips, I would be the first one to praise his accomplishment. I am not in the habit of praising a leader who has fail to perform of which I am reminded every time I look at the -40% in my PRE stock holdings.
As for being pro-USA, I really don't care who take PRE out and make me a profit, so long as it's not China.

I'd be super chuffed if the Yanks take the company away from PA for a reasonable SP. Too much inactivity for my liking, and everything is always late. It would be nice to have a new year present. I think MP will want what we have. Bring it on I say before I expire waiting for PA to pull his finger out.

Cheers Mumbles, your synopsis is indeed a glass half full perspective of our current funding situation. I hope that you are right that the pending webinar is one of celebration and not a cap in hand show and tell.

Great find Joe. So, I am curious whether this USA show & tell was planned by ABG Sundal Collier, or by PRE? If this is a PRE initiative, should we infer that PA is having problems finding the required finance? If yes, we could be here a long time waiting. Curious that PRE is in the USA looking for cash where the activist hedge fund is also based. Is there a connection?

I am starting to wonder if what some posters have being saying about Paul A isn't true. Promised regular updates nowhere to be seen. Funding still not sorted. Cop is here and no government grant, nor some PR to get the greenies talking about us. Meanwhile, the SP tanking again. Kicking myself for not selling some at 119.50. Christmas coming and all we got so far are silence and no meaningful milestones achieved. I am not impressed.

Not surprised that the SP tanking. No funding, 2 useless rns, neither of which confirmed how much ATF money PRE would get. Not sure what Paul is playing at here. So fed up with this going nowhere fast.

Thank you for clarifying Schlemiel. Much appreciated. Bring on the bidding war before I expire.

I might be clutching at straws here, but the top 8 US activist hedge fund is Pershing Square Capital Management who is hunting for unicorns. Pershing being the common denominator here. Bring it on I say!!

Great find guys. USA investors have been eyeing UK businesses recently, so no surprise that they would come after our strategic companies. Said it before, I see MP's hands at play here. I for one would welcome PRE being taken out. Fed up watching the value of my investment tanks while PA remain silent even after promising more engagement with us. Bring on the bidding war!

Hi Mumbles,
I don't really mind where PA get his funding, so long as he gets it. However, he moved from Oz to here. He is publicising the number of UK jobs PRE will create. I just find it odd that no UK financial houses weren't rushing to give him the required funding. At this rate better he had relocated PM8 to Norway instead of the UK. Anyway, let's hope the SP recovers and not get hammered should funding become an issue.

Points taken China. But being 40% down can cause a PI anguish and anxiety. Yes, I did expect PA to be further along in sorting out the finance. I am also concerned that he had to go to Europe to look for the funding. Is there a problem why he couldn't get UK financial groups to back him?
I am not young, and I would like to see a return before I expire. 500p would do me nicely.

I posted before that I think that MP would see us as a target. They have an head start, built up a fortress balance sheet, and they need what we have. So, I wouldn't be surprised if they are involved in the TO speculation. Yes, I would take 500p in an heart beat. PA hasn't kept his word on providing frequent updates, and I am disappointed that he is only now sorting the funding. He needs to get a move on.

Cheers B, I hope that you are right.
I now have no choice but to hold and wait for events to unfold.

Well Tony, I hope that this doesn't mean that Paul is having trouble securing the required finance that he had to bring in the heavy guns to double the effort to find said finance. Not happy with the SP, but Paul is down on his 600k purchase, so I can be patient.