Member Info for Gudin

Me for one, it's a terrible price and makes a mockery of Paul's claims from two weeks ago about loyal shareholders.

The company is also a client and they should be trying to get the best price. If that's 13p and what looks like a leak then it's time to change broker.

If on the back of a probable significant resource upgrade with the cpr, 13p is the best Novum can do then it's time to get rid.

IJT

You must have been listening to a different roast. Paul said he was confident of pre drill expectations at 25m24secs and in the MOU 3 release said this

"The MOU-3 well has validated our pre-drill upside forecast for sand development in respect of the main Moulouya Fan target. A gross interval of 43 metres will be evaluated by a rigless well test"

Seems to me that results have aligned with expectations. So when you said results, you did not actually mean results but the sale that he was talking about. MOU4 results were released last week, maybe a bit early to expect a takeover. Paul did mention the Summer so think you are premature on that aswell.

You may not be trolling but that's how it's coming across imo.

IJT

Which part of the results have not aligned to expectations? Drill results have exceeded expectations and I cannot recall Paul saying on the roast that they have too much gas. Will have a listen again, wolud be helpful if you could provide timestamps to these disappointments.

I remember you from ECO, seemed a decent poster not to sure what is happening here spouting on about LNG, poor log results and general doom and gloom.

They might not be able to answer your questions if it is not in the public domain, hence asking what it is. So its not pressing you just want some attention from the company?

I will bite.

What pressing questions are you wanting to ask that is in the public domain and they are able to answer?

No offence but I would rather they get on with running the company. They have presented recently where questions could be submitted and direct questions were taken from the audience. If they accept calls from individual investors it will be too time intensive and Louis will be forever bugging them about subscribing to jims blog.

IJT

They flagged up using NuTech two years ago when they used them for the first well. Probably should not invest if you still have doubts over the logs when they have been verified by an independent party. Other than Paul sitting you down for a one to one session, not sure there is much more that they can do to convince you.

People keep mentioning a rumour of a second drill. It will take two months from now according to Lorna to build a drill pad for a second drill. The rig is going into the yard and will be run to check that no damage occurred during transit. There was an interview today, no mention of a second drill. No mention of a second drill in any rns. No mention of a second drill by anyone from the company. Until there is then one drill is the plan.

Lorna also mentioned two months to build a drill pad, so if they started that now it would be ready for September. They have said they are drilling one well, unless they mention otherwise then this is what is happening.

When they ordered the long lead items the plan was for one well. Do they have enough for two wells, would be surprised if they ordered double and some of these take months to arrive.

The mighty ONHYM spoken only in whispers in oil and gas companies boardrooms the world over.

There is a cpr coming, I cannot see the benefit of this supposed holding back of information for a few weeks. Maybe I am being naive and there is a good reason, yet to see anything that suggests this. Its certainly not helped the shareprice.

How will ONHYM stop a hostile bid for a London listed company?

The best defence against a hostile takeover is a strong shareprice, they are currently achieving the opposite of this.

Experienced posters on here have produced excellent posts regarding the resource size, interested parties are going to have a similar calibre of people. Are they really hiding anything? There is a cpr coming soon that will release all the information, why hide or underplay it for a few weeks?

The question is whether they have ordered 1 set of the long lead items such as drill pipe, drill heads etc or 2. They may have the cash to drill two but if they do not have those then they will be pushed to get them there in time.

I am confused. Over the weekend us shareholders were being duped and out-smarted by Noble. Now the board are playing us for fools and allowing their mates to load up.

This board is infested by posters spouting total male cow excrement.

They have clearly been sensibly pursuing multiple options as they have stated and have successfully closed one of these options. Not bad for a CEO who is supposedly out of her depth.

Special mention to the rig transporting experts as well who informed us that it would be impossible to get a rig on site now.

You have to set casing in order to drill down to the deeper target zones. Standard procedure in every well.

Producing a new cpr after drilling a well that some are claiming is a duster that they are trying to hide is up there with the most idiotic moves possible. Agree with Keithoz if you cannot see that PRD results are positive then I would be rethinking investing in any company in a similar field such as he1.

PRD imo will see alot of people looking back thinking if only.

There is already an export pipeline there.

$100m will not be needed to prove this up.

Sales will be starting next year for a low start up cost and hitting profits of well over $100m a year.

Presentations abound with this information, perhaps read these first IJT