Full Exit Thesis22 Apr 2026 14:39
The full exit thesis for PRD in Morocco is coherent, well-supported by circumstantial evidence, and is consistent with almost every strategic signal PG has sent over the past six months. The pieces, agent hire, basin delineation, crystallisation language, flexible well design, GSA-avoidance, exploitation concession application, ONHYM commercial transition, licence deadline point in the same direction.
Question remains.......how much is PG willing to let it go for? Looks like we will know soon. Buying continues at pace.