Sanval2403 do you honestly think Humphries (holding average 55p) is going to sell out at 70p after 15 years work. In fact 70p wouldnt even recoup shareholders funds spent on the asset.
Without these nothing moves forward. Once received things will slot together and move at pace. The Moroccan authorities are the Delay imho which does surprise me given the huge shift to energy security and gas supplies.
Agree Sefton, PRD always raise from a position of weakness. Unfortunately Long Lead times may mean there will be no summer drilling and MOU 1 still remains untested.
Joe, Investors have funding concerns, Company is not being transparent. Hence the SP will continue down. And yes Mode is heading for 5p if it doesn't relieve those concerns.
Todays Interview imho has pretty much taken Ireland and any value of the table. Ireland seems very unlikely to amount to anything, certainly not in the foreseeable. Market simply adjusting its value for PRD.