Member Info for Ibiza28

Sorry Keith but it might be me but this post has been removed by Reddit Fileters.

Green box here Green box there

. Everywhere a Green box.. cannot we just get rid of all Green boxes once and for all

This is really exciting and confirms why many of us are on here and active shareholders. However i remain cautious of it.

I would like to know when this was written and does the find of salt layer make any difference to this research and would it change its findings.

The proof of the pudding will come on Tuesday i suppose either by way of an RNS hopefully managing to give solid backing to some of this. But even if that does not come Tuesday if this this correct and is being shared widely I would have thought there would be a massive market action as i reckon (as do many of here) this share is massively under valued.

Spill pit

I am not sure if this sounds good or bad.

Agreed filtered ages ago. It would be good to have this return to some kind of normality. To you. Char holders i understand your frustration I have been there with other sites. But this is not the place to take your anger. It really is not. Good luck to all holders of anv shares.

Comes down to £1.125p

By my reckoning that Oak Securities note of our value as being £1.48p per share is way out of date. My thinking the truer value now is around £1.13p mark.

It is not just a coincidence i think that if i use our SC of 540m which it was at some point before those last raises. and then apply a $1.25 to pound I get an overall market value of $1bn. dollars.

Using $1bn dollars for a market cap with current exchange rate of 1.333 thanks to DT we get an sterling valuation of £750m and our share issue currently 661m i get 1.13 . this i feel is at the top end as i reckon there are options an warrants to be issued and i would guesstimate that our final share cap would be 700m. this would be £1.07 by my calculations. Mind you our share could be greater than 1bn usd so who knows.

Well at the moment i am crying from frustration but maybe it is from the strong acid of an onion.

In the end is will i be crying with joy or will it be crying with despair. Which ever way i will still be crying even when the onion is finally peeled. GLA

Oh boy this is getting too deep for me. I am still working out what 3D chess is let alone 4D chess.

Just sit and wait i presume till someone explains the rules and wins hopefully us. Must admit i would like get some clarity before too long.

I would assume (and dangerous assumption) if the testing had not gone well with 100 on site we would have heard by now. So hopefully good news just a question i trust as to how good. GLA

Interesting i post and get three trolls that i cannot read as they are just Green boxes well maybe only two as one may have been a replay to PP.

Any ideas on when we get news. Been wrong before but assume that by now woul6 know if it was bad.

This is toss a coin and take your pick Heads we win Tales we lose.

Ireland as always seems to run its own course and something almost irrelevant will push it one way or another. It may come down to how much present government wants to put one over Ryan.

This share is being kept low on purpose by more than just one force.

Other than the market makers who are fiddling around with the price to encourage activity and a constant churn.

There is very possibly another force trying to keep this down and are paying the trolls extra to agitate this share to remain well below its potential. They know that another placing will basically make this share worthless to many holders as it would be a major issue at an extremely low price.

PG is now talking up TT which is not a surprise. I would expect my MD to talk up our assets and remember this is not just for our consumption but also other ears. At the moment this is not really a major player what with oil at $60 a barrel and an exchange rate at £1.33 ( thanks DT for nothing). However in time and I would hope fairly quickly TT should

A) Pay its own way completely

B) Cover the overheads on the company

And maybe even provide a small surplus pot but I think it is unlikely.

If TT does this then it will have done its job. Now what about the rest. PG I think is hoping that the white knight (or in this case a Green one) is around the corner and about to charge to our rescue. If Ireland comes through this will give us spare cash facility to drill and test as we wish. And it is beginning to look as if it might getting ready to charge. I hope.

Now if Ireland arrives this makes Predator a whole new ball game to big companies trying to muscle in because we would have our weakest link shorn up for the time being at least. IE our on going cash flow and consumption.

On the basis that Ireland does arrive I have done a few estimates.

I have no idea what the final price of Ireland might be but from what I can tell on here anything from $300m at the bottom end to even as much as $450m at the top end. Choosing an intermediary number of 375m at an exchange rate of 1.33 that give us £281.955m now if we kept back 21.955 to make the sums easy for our future drilling which would cover quite a number of drills on shore Morocco this leave us with £260m which I would hope would be given back to the shareholders. This should certainly cover a dividend in excess of 35p. and would put the company onto a completely different footing with proposed long term waiters for this company to fold before stepping in. The value of Morocco potential would soar as it would have to be recognised.

The more I think about the more I think Ireland is the key plus Mou 3 flowing. I am hoping we will have something definitive in this quarter but I fear it may well be the third quarter.

What the final price will be I have no idea I am hoping for a £1 ie a 1BNusd price tag but would be delighted with 35p. Looks miles away but as I demonstrate it could arrive with Ireland at any moment. Ireland have been kicking this problem down the road it appears for ages and I think they are running out of road.

Sorry but isn't this the same drill which came up with a layer of salt and not a great deal else or am i missing something.

Why the excitement now. If i have missed something then the opportunity here is still massive.

Can i ask how do we know there are 100 people on site. Have we been told definitively or are we counting people in pictures in which could we be counting the same person twice.

YEs i agree 100 does seem like a high number but i am far from convinced it is a 100 unless someone has heard from the company itself directly.

Do we have oil. Yes we may well have oil but dismissed this for the time being at least.

1) Morocco closed down their only oil refinery some years ago.

2) The infrastructure for oil is not there as oil and gas are unlikely to use same pipeline. Yes we could truck from Guercuf to where? Any way at 60usd a barrell i would reckon that allbprofit out of a truck would take up on the transportation costs before you send it to another country to refine and make a profit. No for tine being the oil is not commercial IMO. I stand to be corrected though.

Isn't this competition unless you think they need both unless thus has not been discovered abd just what they believe is down there.

I find it interesting that one broker has ventured to 35p and so far we have had nothing from the company on this.

If i thought this was a flakey 35p then i would have issued an RNS in attempt to back up and support the 35p.

My reckoning is that 35p could be a conservative estimate. How conservative i have no idea but i think they reckon the price could be considerably higher my thinking would circa 50p at the top end.

The longer we go without news the more i think PG reckons this will go much higher. But a lot of ducks have to line up in a row first and so far that has not happened. And not to put too much of a dampner on things at the moment is that with oil [price down at circa $60 a barrell and an exchange rate of $1.33 to GBP means that TT will not be making a massive contribution if at all.

As regards AI i am reminded of one old saying and one old joke.

Saying " Garbage in Garbage out"

Joke " Definition of a Management consultant is one who looks at your watch and tells you the time". Apologies to any management consultants on here but there is a large amount of truth in this.

Relevance to Predator is as KO said is if your phrase the question in such a way you are often inviting the answer. you want to hear. Do not get me wrong AI has a very bright and big future (one of my best shares at the moment is an AI company that i am fully expecting to do far greater things in near future (DT permitting).

IJWT

Yes quite a change round two days or so ago PG had made "basic" fundamental errors and now PG has been annointed "The Chosen" one. I am not sure what has sparked the change. Maybe GRH has seen the light on the way to Guerciff or there again he may bought back in at the low prices and is now trying to talk the SP back up.

Or maybe there really is something going on and he has a good idea as to what is going happen but then he had a good idea what Mou-5 would come up with before it became a fundamental error.

Personally i have got enough shares and if this reaches 35p I will be very pleased if it gets over 70p i will be delighted. If Ireland comes in and Mou 3 flows and Mou 5 is slightly better than expected and He is actually commercial then yes this share could get to a £1 but i would not be counting my chickens just yet. GLA