Member Info for GRH...

Footandmouth...

Yes..

He is
He has

I hold him in the same league as my late friend, the wonderful Adnan Samarrai

Look him up...it's incredible

Regards
GRH

Oily fred

To answer your questions clearly

A...
Would I prefer that funding had been announced?

Yes...on the basis of normal human desire for certainty

B...
Am I surprised it is not sorted?

Not at all!

Two sub.points

1...
I do not know that it has NOT been agreed

All I do know is that I am unaware of it having been agreed...

IE rather different things

2 ...
I am unsurprised re timing

Not remotely...
As...
if there are other moving parts involved...my conjecture only...
Then we will be beholden to the timetable of others

Personally, I want us to go into the campaign holding the highest field equity we can

Whilst there being as few shares in issue as possible

IE I prefer to hold for maximum value

I was the only poster asking for that pre MOU1 drill and was delighted when PRD decided not to farm at too early stage...

thus,we still hold full 75% field equity of what I consider to be the biggest thing in my own investing career

I may be wrong

But I may be correct...

Regards
GRH

Good grief

Blimey!!!!

That is a truly incredible post

All I would say is

if your financing experience is limited to a CLN

look and learn
look and learn

I wish you well but you are playing several leagues down

Regards
GRH

Keith...
You are very correct of course...VERY

FWIW...and folk can ignore at leisure of course

I have the ROCE for PRD Guercif ...that part which is already known!!!.

as more than a whole order of magnitude greater...better... than that of Sound

I actually believe the difference to be even greater than that...
but men in white coats would be sent by the usual crew here

The scale of monies required is also vastly different...different planet imo

As is the TAR period for funders...

time at risk exposure is on everyone's mind nowadays...
Even micro investors in public markets

BTW...
Has anyone seen an independent CPR for Sound's
5 Horst?

I ask only as I have not seen it...
I am sure it exists and would request that some kind shareholders be able to forward a copy to me...

that would be very helpful...thanks

Some might recall that I called every Sound drill correctly...
In advance
In public...
Including Badile 1
And called the reverse 100 bagger that ensued

I know it offends some here ...
but facts are facts

BTW2

It is also the case that this PRD BB appears fixated on either a JV or a placing

IE reduction of field equity held or increase in shares in issue

I disagree...strongly...

Yes ...it could be one of those two...of course it could!!!

And I am not going to spell things out on here as
it might cost me money

And I would just be shouted at by the imbeciles ...
as my post would reference deals I have done...

and that causes offence to the professionally easily offended

But suffice to say that I think there could be more elements to both funding

and takeaway

ATB
GRH

As many know, the company is booked to present on 8 September...London West End...
The total slot is 6pm to 9pm...PRD being one of several companies seemingly booked

I am scheduled to be away then
but could easily enough change it to attend the event

Wouldn't it be a nice idea

if other shareholding posters were to attend???

we could all wear name badges as provided...with our real names on

But we could also wear nom de plume labels as well

So we can all see who is who

It would be good to be disabused of the persistent notion that there are some mal adjusted folk on here...

They can then metamorphose into ...
well ...regular and well adjusted successful people in the flesh

What about it the normal suspects?

We might all find that we are all decent people face to face

Regards
GRH

Morning

I will be frank...

I have read a lot of old twaddle on the BB

By folk who have either hidden their lights under multiple bushels...

or more likely ...have no lights to hide

IE they have achieved nothing of note with their lives to date

It's a pity that they have access to the Web
but such is the modern way...where imbeciles can project themselves as something they are not

My view is simple...either switch them off

Or if you are insufficiently confident in your holdings....and yes there is RISK...as it goes with the sectors we are in!!!

..then sell your shares and sleep easier at night

My own stuff has been put on here in considerable depth...it is not the work of a moment but of a lifetime...there are a lot of posts...usually containing real content ...as opposed to drivel

But...ignore it or not...it's simply up to you!!!

I have put stuff out there to try to help

I own a lot of shares here ...a lot...

and have endured all sorts of nonsense from commercial and intellectual dwarfs ...who would not even get to first interview stage for a job with me..

I have been accused of arrogance by some here...sure...
but that is to grossly mis-characterise my posts

I have published almost every single detail about myself...name, address and inside leg measurement

I am open on twitter where I talk about many things beyond hydrocarbons...notably truly great cars and beautiful dogs

I have given more to charitable causes than most will ever be able to do...

I am intensely proud of that even though it actually cost me a lot more than I had bargained for

But here's THE thing...moments before my beloved old Dad died, he told me how proud he was of me...
That and his love meant everything to me

I tell you, there are folk on here who... as long as they live ...will never be able to make their own Dad proud of them...

and that is a great pity for them

Now bring on the rants from the imbeciles

It's your money...it's always your choice

OK ramble over

Regards
GRH

Morning

THE vital fact...

And please believe me when I shout that this is HUGE...

Not just re investors in PRD

but for the entire future of life as we have come to know it in recent centuries...

The Return on Investment from green fads is BELOW ONE!!!

IE put one unit of energy in

and get out less than one unit

WOW!

For many centuries, societal growth has depended upon returns of much more than one...

In the case of many hydrocarbons...it's about 30 plus

Of course Nuclear is way off the scale at over 100

How on earth do folk think the British Empire grew so powerful so quickly?

COAL enabled that growth!!
It was the sine qua non with a vengeance

Is PRD at the right place at the right time??

Ehhhh?

Does anyone really have to ask!

ATB
GRH

And to marry the girl of our dreams

And establish and nurture a family!!

Successes don't come any greater!!!

Regards
GRH

That ...Fordy ...is the best post on here...bar none...imo

We should always try to take a few minutes every day
To celebrate successes...no matter how small

They help sustain us for what is often a gruelling journey for many

Regards
GRH

Footandmouth

You might be staggered by the numbers of seemingly attractive pieces of real estate that are money pits

Possessing very little... or no ...'E'

But that are promoted as if they are the routes to riches

One only has to consider a certain old boy's expression ...
Coined about 12 years ago

'Printing shares like confetti'

Such outfits often print such volume shares
to sustain the lifestyle businesses that they truly are

They are not about creating shareholder value as their main objective

That is why I do NOT invest in those outfits!!!

ATB
GRH

Morning

Good day for PANR shareholders...well done !

I am not going to address the disparity in equity values...enormous that they are

Nor the skin in the game point

What is of interest to me is the ability of Jay Cheatham and his boys to pretty accurately foretell what they hoped to find

THAT is a defining characteristic of successful Exploration and DISCOVERY companies...

IE the ability to not spend too much
whilst hitting the best of the Creaming Curve

It's why I am here ...

In increased volume

Regards
GRH

I have never closed a deal ...of scale ... within 60 days

Regards
GRH

At deposition the independent studies indicated that these sediments were likely to have 35 - 40% porosity and permeabilities between 2000 and 5000 Md. Lack of compaction and consolidation suggests that poroperm conditions would not have been significantly impacted through burial and therefore good reservoir quality would potentially be retained, as supported by the post-well NuTech log analysis.

That was advised to shareholders only 9days ago

Those figures are epic

Yes!!!
they did bear out what I have been banging on about

Anyone interested...
Ignore if not of course!!

you might want to read the first few lines of my well received post dated 11 December 2011

It related to 'unmeasurable'

The chap at the very head of that wellhead ceremony was none other than Adnan Samarrai!!!

He was correct!!!

My post was correct

What if my associates had helped out Adnan with some technical input re a piece of real estate in Iraq?

Would it be remotely likely that he would reciprocate?

Yes...the greatest oil finder of the modern age
And some random old boy...over super hot curries

Funny old world

God rest Adnan...a true gentleman

Regards
GRH

Many folk have not yet woken up to the scale of the shortages...

and hence pricing

Take the recent electrical supply deal over weekend to avoid London blackout...

Yes...LONDON!!

That pricing made the marginal cost of boiling a kettle...4 big cupfuls

£1.50

That is not a misprint!!!

Regards
GRH

Ages ago I warned about the likely threat to energy security across Europe

Ireland in particular

I wrote a series of posts regarding the demands of data centre owners...

demands for energy HEADROOM and RESILIENCE

It is now hard to understand how civil unrest can be avoided across Europe this winter
With the politicos being the subjects of folks' ire

Poll tax riots will seem as nothing

Regards
GRH

Ages ago, I warned against BPC...CEG

Would someone please explain to me how they are not insolvent

I have sifted through their balance sheet
And I do not understand how they are still allowed to trade

Thanks
Regards
GRH

Ages ago, there was a chap on here going on about Darcies and the like...

mentioned vugs too

He droned on for ages about some equation or other...
E = Per x Por x Charge

Couldn't shut him up!

I will think of his name at some stage

Regards
GRH

Fordy

Yes, that might be helpful to have such skills:)

As to the accusations about my treatment of the opposite sex...give me a break!

Two things spring to mind

1...

I was fortunate enough to have married a work colleague...
we both worked for the wonderful Pat Matthews ...FNFC...
Jim Slater on steroids

As did Lloyd Dorfman...

We hope to celebrate our 45 th wedding anniversary on 6th August

2...
I was chosen to float Miss world PLC for the great Julia and Eric Morley

Don't give me the line re treating women badly

The variety club of Great Britain raised a fortune for worthy causes

and Miss World was at the heart of that

Regards
GRH

I was once interested to buy a car warranty business...Motorplan

The owners of the business and their advisers were due to come to my office just off Cheapside ...to meet me and my senior team...a 'lift up the drains' type session pre moving to the next stage...then going to the City Circle ...10 Basinghall Street ...for a nice lunch

Rosemary...my office receptionist...and my secretary both came to my door...knocked

'Your 11am meeting guests have arrived...
We have shown them into the main boardroom'

Rosemary said...
If I may say so, one of the gentlemen looks a bit like Geoff Hurst

Well, Rosemary, that's because it is Geoff Hurst

Rosemary and the other secretaries all let out a little scream

Rosemary was ...put it delicately as it is 2022...very keen on Geoff!!

I told him...he was well used to it...he agreed to play along

I phoned my secretary and asked her to get Rosemary to bring in the coffees, pastries etc

Rosemary came in...clearly agog...very excited

Rosemary...this is Geoff...
Geoff this is Rosemary...one of your female admirers

Geoff was epic...
he stood up...shook her hand,

then put his arm around her...like Clark gable in Gone with the Wind...

He pulled her backwards and plonked an enormous kiss on the lips

I had never seen Rosemary quite like that...she was a gonner
I got no work out of here for the rest of the week

That's all I can offer re footballing analogies

The reason I posted it?

It was a bloody sight more interesting
(yes, I know)

than the FUD posted this morning

Regards
GRH