Member Info for ericnat17

and that why it needs to managed

PNE79

that is very low chance imho. I would imagine they have the FSC at 6pm to help PI who are at work all day. My guess is the CC will be well managed to stop it being a shouting match, that would be no good for anyone.

would be nice to know any potential with some of the Legacy wells. we know SBK is not so good, nut there are others

Maybe you can ask that on the FSC

The latest presentation still has a timeline for Morrocco consolidation....

Maybe News tomorrow.

If TE10 comes in which is still very possible. It proves up more than this location. It provides a big boost to the basin model. The sp will rise significantly.

Let’s be very very clear they have one pool of Gas at worth approx 3 billion dollars in the license area. The area is massive, here is more to find.

SI

Marco is a director of the company, I would have thought that his trades would be RNSed. As they always have been.

Hi n4a

Have a look back at my posts. If anyone has saved previous FSC look at my questions. I and many other LTH have the ability to be critical.

But just in my opinion, this SP fall is overdone. I am not saying manipulation. We have not had a TR1 therefore not OGIF or Marco.

Kiss kiss SI79

Maybe the news that was due is not ready. I would rather wait for timing to be right.

There is a chance that the CC would be hijacked by trolls. I thought that the FSC method was fine and I asked some difficult questions that were always answered.

SI79

I am suggesting that SLB, OGIF and ONHYM have many many O&G professionals on their books. Therefore they do this for a living and at least one of them (as you point out is successful) is very good at it.

Are you suggesting that you have more industry knowledge than these national and multinational entities. Let me guess before you answer..........no but.

There is a lot of noise here. LTH (including myself) have asked questions relating to many aspects of our strategy and NAV of assets.

The answer from the BOD has been consistent.
PI are aligned with JP and JJ ( Bm could buy some, please)
We have SLB as a partner.
We are perfectly aligned with the Moroccan institutional investor.
We are drilling now and have at least one more to drill.
The trade volumes have been relatively low.

I do not want to seem like I am giving advice, but it appears to be shares are being hoovered up, especially at the end of the day. Let’s be frank the talk of many pounds per share is fantasy. But a jump back to 30p on the sniff of gas is very likely. And as soon as that happens the basin model gets a massive boost. I think it is correct to question the validity of the seismic, but maybe not on every play type.

JP is a deal maker, there is a plan B and then there is going to production.

Anyway I am here until the endgame. I am sure that OGIF, ONHYM and SLB have a better idea than we do. And they are a
All still here.

The stat play type is successful in Algeria. If it comes in here we prove the play type in Morrocco.
Imagine selling out at this tiny price and finding out that TE10 is a gusher. Let’s face it Sound deserves a bit of good fortune.

So 3 billion dollars worth of gas!
Based on current price of gas in Morocco
Based on industry standards CPR
Based only on the TE5 Horst.
Based on conservative recovery ratio.

#blameculture

Long wait

Did JP force you to invest. Did you do any research? I am not going to say grow or why don’t you stop whinging, but please take time to reflect on your own decisions and stop blaming others.

All this talk of JP resigning is depressing. I chat with some LTH away from this board and none of them want him to go. In fact it is the opposite, they want him to be true to his word and stay until the endgame.

Let’s be frank, JP has been Very optimistic with some of his statements. But without his positivity do you really think we would have had those equity based raises at 80p.

We have cash in the bank
We have a industry standard CPR for our discovery
We have world class partners
We have the 2 more drills, and maybe more to come.
The TAGI is tight but look at the flows from TE7 on a restricted choke.

Since BM joined it has been tough, but let’s not knock JP. His job is to create value for the shareholder, let him do it.

I doubt that JP reads these boards, but if he does then bang on with the strategy.

If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,

Good point Z-cars

we have not heard too much about the final stage of the seismic. Would have had a little bit of fast track processing. Maybe a bit of news about that.

Got to agree Shed.

CC is big change from FSC. one way or another it is going to be biggish news. It would seem pretty masochistic to put on a CC if they are going to deliver Bad News.

So could be...…

GSA

TE11 location

Sidi Farm in

Tendrara Further farm in by a Major

An offer for the Tendrara Asset.

BM leaving.

Or maybe a complete change of stratergy - finish TE10...Put Tendrara up for sale....go and drill Sidi with the remainder of the cash....with a SLB farm in to pay for 3D Sesimic

This is the most positive i have felt since the DD...feels like something is on its way.

In one of the video presentations it is mentioned that they will try 2 Tagi traps with TE10. They said one would be easier than the other. Can anyone remember that, or did I dream it...

Frank

You are right. This is well overdone