Member Info for JohnHenry

Volume as yet doesnt indicate any possible leak of news

PA is certainly starting to interesting.

My guess is a few MMs maybe short on stock as the tick up isnt justified on the trades.

As i said Retail buyers zero interest.

How large a volume 500k ? Million ?

Attempting to move the price forward however simply no buyers.

Retail has had to absorb 90,000,000 shares from the placing, retail investors have been exhausted.

Possible day 9-10 of testing, i would anticipate news within the week

Any profitable selling at present is pre IPO previous ATL low was 13p 2018

My post was that i expected a pick up in volume, last weeks volume was only 10M shares the lowest since May.

Unusual to see such little trading activity in the run up to testing results.

A few peeps still derisking but virtually no buying.

Worth a listen gives a little info how DEST have been working with the FDA on the phase 3 trial.

https://www.investormeetcompany.com/investor/meeting/interim-results-199

Excellent update

Equipment that never arrived.

An alternative to a coiled tubing unit originally sourced out of Tunisia, which is required to run the Sandjet perforating tool, has been now been sourced in France by ECS.

Gudin you have your interpretation i have mine.

Imho testing has either started or about to start.

Subject now closed.

Avoid*

Gudin PG never ever gives a start date whether drilling or testing.

My guess its to afford specu;ation.

Rigless testing MOU-3 using conventional perforating guns is currently forecast to begin on or before 16 October 2023, assuming that the wireline logging unit is released from its present contract on or before 10 October 2023. The Company will provide an update if there is any change to this date.

From this statement we can assume that if the 16th had not been met investors would be informed.

18th Sept "The outlook for the remainder of 2023 will see the rigless testing programme in Morocco"

that statement tells me that rigless testing had moved from September to sometime in 2023 ( No date given)

Gudin im guessing you like many peeps didn't read the Interim report ?

700k in buys against 500k in sells so pretty even supply/demand.

Volume low.

How long testing is expected to take ? ive seen 2-3 weeks mentioned.

Investors/traders treating PRD like a wild cat.