Member Info for InJamesweTrust

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Donal

Unlike your good self I've been completely open where I have concerns rather than duplicitously sneaking around.

Ibiza

Above 3% you need to make a declaration of your interest and for every further % acquired above this if memory serves.

There is of course the famous Barrons cover on Amazon is there not being a busted flush.

I'm not sure they're like for like comparisons though Paname

These last 3 weeks I've derisked my holding and now free carrying.

After the raise, having stated full funding the lack of comms is a continuing disappointment.

I know Keith and others may say the raise is for other purposes but PRD has raised lmultiple times to flow testing before it actually did it. So once the cash is in the door it's fungible.

The testing numbers for the middle zone and MOU-5 look very chunky in the RNS and likely will be used for MOU-5 too.

If an Irish entity in advance of elections they've bought 12% of the asset for a couple of million. They may have got some detail on Morocco and be happy to wait for PG to drop the ball and fall on his sword giving them control.

If Morocco fails, they may be able to hold us over a barrel on Ireland.

PG needs to communicate and do so professionally.

GRH may say it's all coming together at the same time but let's be honest not much has gone to plan or timeline.

Didn't know it at the time.

More recently looked at houses around the area as considered Wellington for the children.

He (RFK) has been falsely claiming links between vaccines and autism since 2005.

He is akin to Mel Gibson in Conspiracy Theory.

As for wars - Putin made incursions in to Ukraine, Georgia and other countries and has interfered repeatedly in elections at home and abroad. As difficult as war is He cannot be allowed free rein.

Ma y friends have been or still are soldiers and came very close to joining Sandhurst from Uni myself in order to serve so I don't mention it lightly.

IntheGo

Heating payments are a recent phenomenon, so very few retirees could suggest they spent their life planning to retire around receipt of these.

The constant expansion of the client state by govt needs to stop as at the end of this parliament the state will account for 44% of GDP having been 39% before Covid

Yes, I would still defend Ukraine as others say it is the thin end of the wedge for Putin who is an imperialist aggressor with ambitions that extend far beyond Ukraines borders.

InTHEGo

I'd send billions to Ukraine before giving tax breaks to people and corporations that don't need them.

Don't get me wrong govt spending needs reformed but not in the way Trump/Musk propose.

Pv72

Thanks was going to just say wasn't me guv!

US deficit is $1.87trn

Debt is around $33trn

So they may be need to issue $4-5trn this year.

With rising yields and Trump promises the deficit could reach 10% in a time of non-recession or war. That's banana Republic levels.

He has said he will reduce spending in which case maybe 20m jobs will be cut which will ruin banks.

If we have assets they're priced in $ so very interesting how $ moves against it's basket in coming years.

Has the potential to be very ugly for markets unless QE is used.

No wonder Trump wants to legitimise BTC he can take his 'payments for services' in that and never be traced.

Is that Vladimir on the phone Donald

Pv72

Do you mean I had your post removed?

My earlier Trump post has been deleted, guess somebody reported it. Remarkable

Believe he will cause a run on the dollar, possibly led by collapse of a major US bank as yields climb with increased dollar issuance.

That transmits to higher yields and costs for many people here.

In terms of PRD it may see some elements of ESG fall away and be good for O&G projects.

I'd think and Investor meet type of event or updated Corporate preso would do all the power of good.

I'm sure there is much to update, hosts permitting.

Think the Peel Hunt selling yesterday may be more them selling shares received to pay for their part in arranging the raise.

Much will hinge on the individual investor/entity with regard to how it is perceived.

Do note on the RNS, PG catergorically states that PRD has "applied innovative new technologies to discover material gas resources." Additionally stating, "part of the raise is to support the momentum for the CNG gas business."

Now it isn't like previous aims haven't always been delivered but the words discovering material gas resources are incontrovertible and all that is left is ones definition of material.

As an aside, I know Keith mentioned the upper sands were not proposed to be tested with SJ kit but the plan was supposedly fluid so why on earth not do it while the kit was there.

I'm still a bit on the fence as I've little trust in PG but his statements appear bullish although his body language in the interview was awful.

Think even GRH would have to admit the mission has had a few bumps in the road recently!

Bet the consultants who took shares are delighted!

Chuck them all you like and try to conflate me with Jimmy23.

I stated on 23rd this had loud sell signals. Didn't keep secrets, take pictures but stated clear reasoning.

Also before it was public stated calc for the approx cash position and how tight MOU-5 would be.

Don't wish for anyone to lose money so was public about my thought process.

Not sure how people think it is all part of a masterplan - if it us then PG us inflicting significant pain on people while playing his 4D chess.

The RNS does not bread at all well. I wonder what the net proceeds are - if it is an institution are they holding or churning? Is it one or multiple - if one there should be a Holdings RNS.

It is hard to see how PG credibility could sink any lower and while I'm sure he is disappointed at the current absence of positive results - the time and shareholder funds wasted in the process culminate in this level of SP.

Under any normal corporate governance structure he would resign and appoint managers or be removed by the Chairman.

From selling majority here last week and investing elsewhere I'm 110% better off than I'd be had I held.

Holding blindly isn't always the play.

Alas the continued lack of info and openness from PG is way below the level SH deserve and ai wonder how losses accrued by many since the assurances given in that interview can be justified by him. I'd even suggest in the US he would be subject to a class action lawsuit.

It may be him that's selling.

Note Keith and a few others have affirmed their commitment to see it through to MOU-5 and not to sell or having sold but haven't seen similar comment from GRH (unless I've missed it in which case apols).

The estimates before corollary drills were complete was 6bn barrels I think and a certain rating for BOP. Know the drill technical requirements were uprated following other drills as field knowledge increased.

I think there is a good bit more than 6bn barrels if it's oil and the geology is right. I've been working on 6-8bn for the field which is 330-440m barrels net to Eco (I think).

Gil has stated anything from $2 to $7 in the past for a barrel in the ground I think.

There are some fairly chunky sells going through but with wash through seems to be recovering it's poise a little.

Hopefully not a harbinger of ill news and attached worst forward selling a small raise.