Member Info for highlandmatt

The short answer is when you think fair value has been reached. However, you need to take account of volatility and risk. If it goes up to a point where losing half would have a material impact on life or mental health, consider taking some profit off the table. I trade about 10% of my holding to take advantage of peaks and troughs. Given you are you and wanting a house deposit, I'd consider letting it run.

CNG facility could also be financed by someone else, and leased by PRD. I believe this is what GRH was alluding to.

There are two listings - Murphy Canyon Acquisition Units (MURFU) at $19, and Murphy Canyon Acquisition Corp (MURF) at $13.

Which are we interested in?

Directors Talk. I used Google 'cizzle biotech directors talk' on 'news' tab.

PB stated $14m per quarter net free cash flow after taxes.

GM - I did, thank you.

Think Solo was responding to Slave2Trade's TRP tip.

Of course it was oversubscribed. It was 40% lower than the 0.25 share price.

Placed at a higher level than previously. Oil found. Company progressing. Balance sheet now strong.

BFL - no, just confirmation of application.

So, reckon they did the sums and found themselves a bit short for the drill costs? Balance sheet looks stronger now, and there is a pipe to the oil, which is producing to the surface. The shares I sold at 0.17 I've bought back at 0.15 via Primary Bid as the financing is sorted now and the well is proven to flow. Risk reduced now.

Yep, initially. There's plenty of info in the company presentations. Also, get yourself on the Discord channel.

JAdams - Read the RNS. TXP has 80%.

These are normally 7am. I wonder if they are planning another RNS tomorrow morning and didn't want to distract?

Yeah, not over yet. Someone is still knocking out 100k clips.

Like I said. No source quoted, just an alleged rumour. Financing the CNG plant wouldn't take a large consortium, less than $15m. However, if you wanted to buy the gas field it sits on and develop it.....Well, you would need quite a bit more.

Twitter rumour, just a rumour, but PRD being talked about....

https://twitter.com/ProAIMTrader/status/1697590981065884014?s=20

Equity for Exploration, Debt for Development. Paying interest on debt is a continual drag on cash.

Walkman.

1. Paul and Lonny have vast experience and are far from incompetent.

2. They are running multiple projects on 3 continents (takes some competence).

3. Pay attention - Sandjet doesn't use perf guns.

4. The RNS confirms PRD is executing the previously communicated plan. Hardly a damp squib.

5. Delays are normal in any project and especially in O&G exploration. If that causes you stress, suggest you look elsewhere.

Have you offered your solution to Paul and Lonny, Art? I'm sure they would be grateful to have your expert input.