Member Info for kr1988

Mid day tomoz is the agm.......... be good to see what is said then, the board seem seem mixed after today's rns, like I said earlier said a lot but didn't say anything specific.

Hmmmm when you put it like that.... I think first gas is October so maybe ill keep it for now....

It could potentially explode over a few days once that positive RNS drops. They have an AGM I think soon

Yeah it appears to e a good trading share but yes saw JSE failed, whats going on their currently I haven't looked at them much recently?

Hmmm strange one, the bb either seems rampy or negative if they cant raise all the money I guess they can survive another year or so and will have to do another raise in a years time rather than say 2 years.

Yeah I suspect so too but if you can own a small part of the business you don't need to do anything other than sit at home on fat pay packets lol

Stamp duty wasnt a huge amount but when this share usually bobs around the 0.95 to 1:10 range your making 10% max so 2-3 stamp duty really eats into it. Prob better to buy this once they get the gas on line you'll pay more but its safer.

Looks good buy a whole year until drill is a very long time, very much on the back burner for now.

If you read it they gave an update without telling you much..... This bod is way worse than he1 lol Im tempted to take them off my watchlist as you have to pay stamp duty when you buy and it doesnt really have many peaks any more.

Im not keen on that board right now as its just full of rampers obviously its good for the share but I prefer the normal people with balanced views.

When I saw it this am I thought perfect get out lol since then its been selling for between 7.6 and 7.7, the issue is the land works arnt due to be completed until mid August, the rig is basically their already so what more news other than to say its spudding in September? I think this will just grown on its own hopefully but I do think their could be a drift first. I aiming to buy back around 7.5 but I will see.

In days like yesterday your better of selling into the hype and then waiting for it to drop back like it did in the pm. Just cant get sucked up in the fomo lol

Sorry meant to add that to the frg conversation

Looks really good added to my watchlist as dfs is due soon

Thanks tro

Now we own the rig the only cost is the crew and the castings plus any other parts they need so multiple wells coukd happen. If they did the shallow well and got a discovery that wouid push up the sp massively which wouid be a good time to do the fund raise before the bigger drill.

From what I understand the rig is due on site the next few days the long lead items are there we are just waiting on a crew to become available to kick off now.

20 pence wouid be a great entry point. Tro was saying the other day that miners are taking a bashing right now so this will recover in time

Yeah this just means two years of dragging their heels! But yeah very good price right now could easily double your money on good news or even no news lol

But yes it’s one if the to put in the bottom draw and leave it but right now I see better opportunities out their.

I just managed to sell my spiked shares lol it jumped up this am so sold up and will wait for it to drop back down. Prob lost 2-3% but better than a bigger loss!

I won’t be staying the full play, as the sp starts to rise I’ll decide my exit point but there are too many risks. I think the rig snd long lead items are ok but it’s the manned crew then drilling it coukd break down or lose its drill bit then you have the fund raise and potential duster.

Like pp said could be oppertunities to buy back in Ie delays usually knock 20% off and they recover within a few days..

I know they are still due a part for the rig if they can’t get that then it’s all screwed. That’s not needed until they spud so have a few months to find but coukd cause a problem come September.

I only have about 7k so I’m no big boy investor with lots of money (unfortunately) but I’m normally ok to sell its more when it’s quite days or days when it’s going up and down that I have issues. Larger amounts not tried but give me a few months and hopefully I can let you know lol

The professionals think Pred was a duster.

https://www.lse.co.uk/news/PRD/predator-oil-gas-sees-shares-fall-on-poor-well-test-results-r7ric36m84j8af7.html

Really not sure in the drop it seems like a real bargain right now but could drop further I feel. It’s got the dfs now so will contiue to drop until the next bit of good news drops which will be the mining licence but that coukd be a while yet

The fact they are drilling close to where they drilled before is positive. If I remember correctly someone on the is board advised they found out that they had helium but due to the wash out they couldn’t wire line properly so whilst they know they have helium they couldn’t get the official levels so couldn’t declare a commercial discovery.