Member Info for Footandmouth

GRH. .. .. . https://x.com/grahamhengland/status/2048030179100876824?s=46&t=wJZHwkDZHnBEZIYHYl6mMQ

Even announcing a failure to conclude an agreement based on holding out for an improved offer would re rate the share price sharply upwards imo. At the days end 10 , 20 , 50 times or above PG will do his utmost. Should be a very good return. 👍

GRH. .. . . https://x.com/grahamhengland/status/2047973377252462640?s=46

Keith - Thank you for sharing your thoughts and some informed speculation regarding possible volumes. Conventional more valuable than fracked ?. Net value to shareholders per tcf of each type from deal ?. Given the possible lateral and vertical connectivity is subdivision even conceivable ?. We have an enormous licence which as a matter of rationality almost certainly will have other similar areas. Perhaps several. Helium could well be a very valuable addition. Not expecting you to answer any/all of these questions of course. I’m not sure anyone can which makes things very interesting. One of my favourite gurus is Russell Napier the financial historian. Much in demand given all that is happening. Very wise gentleman imo. The difficulty for me is that we are a tiny company that has barely scratched the surface of multiple layers and an enormous area. We are financially secure and within a safe structured environment. Are there other examples that closely align ?. So often you see remote challenging locations with much potential trouble. Complicated ownership already with numerous participants. Sellers that have have progressed but at the price of making themselves vulnerable which PG has not done to the frustration of some. How on earth do you make sense of all that without some retained interest. If you are the buyer who wants it all free and clear then what do you offer ?. Does history assist or are we making it 😀

If you look at the viewings of a number of presentations and of course the seminal sleeping giant it’s clear that there’s a large number of interested folks who never post. Many I suspect are savvy investors in this field and understand timescales , inevitable price movements and the various points of value to be had. Buy when cheap and pile in when pivotal. Takes more wisdom and knowledge than I have but I suspect there’s a fair bit of that. Just the sort of folks who will apply a significant premium for retained interest as will family offices. Will reward even those who want a complete personal exit.

The ITR may well have been the catalyst

They want your shares and that window is closing very rapidly. Unlikely to see this value ever again. Last hour or two may well be interesting but nothing compared to the next week or two. Friday after close , Monday morning before open? . Why gamble?

🔴 $PRD / #PRD — one of the most undervalued setups right now.

A £33M market cap company. A 6 TRILLION cubic foot gas asset in Morocco. A tier-one M&A agent already hired.

A hard licence deadline in November 2026.

Game. Set. Clock ticking. 🧵

The Guercif licence, Morocco 🇲🇦

→ 4,301 km² onshore

→ 5 biogenic gas zones already encountered

→ 2.5km from the Maghreb export pipeline

→ 6 TCF gross resource (P50 upside)

→ Geopolitically stable, EU-adjacent, energy-hungry market

For context: TotalEnergies' annual capex is ~$17bn. This asset is rounding error territory for the right buyer.

6 months ago CEO Paul Griffiths stopped talking about farm-outs.

He started talking about "crystallisation," "divestment," and "partnering for carry."

Then: tier-one M&A agent hired. Flexible well design completed. ITR with ONHYM in progress.

You design assets this way when you're packaging them for a buyer — not when you're just drilling for gas. 👀

📅 What's coming in the next few weeks:

✅ Annual Accounts (imminent) — watch the "Post Reporting Date" section

✅ Trinidad oil sales update — SC-3 drill by end June; targeting 1,000 bopd

✅ Morocco MOU-6 — key data for any transaction

✅ ITR publication — resource certification for acquirers

Trinidad alone at 1,000 bopd is worth ~4-6p/share. Current price: 4.1p.

Bear case Morocco deal: ~£100M → ~10p cash dividend alone (3x today's price)

Base case: ~£175M → ~18p cash + royalty tail

Bull case: £500M+ → 18x+ total return

Who buys it? TAQA already has 35% of Morocco's electricity grid and just committed $14bn to new gas-fired capacity there. They need the gas.

Do your own research. But the asymmetry here is stark.

#PRD #oilandgas #Morocco #investing

GRH. .. .. .. If widely known

Chat boards

Would melt down

IP - Mystery funder or mystery owner ??.

I recall a now sadly departed member of the board speaking of family offices and institutional investors who had PRED on their watchlist. I’d guess there will be a long queue of industry savvy Middle Eastern family offices looking for in-industry diversification in a friendly market given the growing long term damage done by the Iran fiasco. Institutions would perhaps arrive once MC reaches their internal triggers. That’s real momentum when it kicks in 🔥👍

Jasper- Forgive my ignorance. The 7 million trade buy - Is this institutional buying , a trading firm buying in order to profit in the short term as price rises or an individual taking a large position ??

If no news today or tomorrow morning then I’d expect very strong buying into the close tomorrow.

GRH. .. .. .. Folk have asked me...

I hold more shares than at any time 👓

#PRD

Matt - Price movement before RNS publication is a favourite PI moan. I’m totally lacking in peer reviewed evidence but a sustained rise into big news is my default expectation. Big one or not we have a rich news flow imminent. If he’s still tying up Morocco deal and TT is as good as we hope then I’d get that out asap and dial up the pressure on negotiating parties. He knows what he’s doing 👍

Moscow to suspend Kazakh oil flows through key pipeline supplying Berlin.https://x.com/ft/status/2046880086985445815?s=46

Up almost 15 % now on HL . Massively undervalued imo

Up over 10% now on HL 🚀

Up over 7% on HL. The higher the price goes the more each % increase returns to holders. Compounding

Not to seem too frantic my buy just after 11 was a buy showing as a sell. I think the problem is that after so many buys they’ve run out of the blue stuff so red will have to do ? 😀