Member Info for Lancygeo

Yesterday’s news is nothing short of phenomenal.

https://microcapclub.com/2014/08/the-conviction-to-hold/

Me too… I have a modest holding with PANR. The drop is indeed well overdone. I look forward to the next few weeks and the subsequent rise in sp :)

Don’t think so Matt, still showing 18 posts :)

61 now Caterham….. many thanks for your contributions :)
The other chap (who will remain nameless) has been on filter for 2/3 years since the days of LGO.

nordell…. I thinks you had a similar oops to mine :)

…oops apologies, should be
‘50 day moving average has crossed the 200 day moving average :)’

I am however a long term holder with strong hands :)

I’m not a chartist although I do find them sometimes quite interesting. Apparently we have just experienced a ‘Golden Cross’. 200 day moving average has crossed the 50 day moving average :)

https://www.investopedia.com/ask/answers/121114/what-difference-between-golden-cross-and-death-cross-pattern.asp

5600 wells have been drilled in Trinidad if I remember correctly :)

GRH tweet

https://twitter.com/grahamhengland/status/1612405599148429312?s=46&t=9LbQnyrdvJjt15QMQKVArQ

For #PRD newbies

EOR mandatory in TT
Re new/changed licences

TT oil generally heavy
needs assistance to flow

Basically 3 forms of EOR

Water flooding= no good as oil too thick
Steam flooding= no good economically
CO2 injection= now PROVEN to work...
Needs decent source of CO2

‘Mandatory’ being the key word :)

GRH tweet

https://twitter.com/grahamhengland/status/1612361311693725698?s=46&t=9LbQnyrdvJjt15QMQKVArQ

Looks like big news today

Re Touchstone acquiring assets in TT

Adjacent to OUR Cory Moruga asset ...

in which they have 16.2% I think...

Don't forget...EOR is mandatory?????????

Few folk ever witness a big business being formed

Shareholders have a front row seat

#PRD

Stuart R Young tweet

https://twitter.com/stuartryoung1/status/1612225211876757507?s=46&t=hJVBap7kn5uaPuk8p94AOA

Tomorrow (09.01.2023) @TTMEEI will close off and open the bids for the Onshore and Nearshore Bid Rounds in TT

Not a lot known about Theseus although I think wholly owned by Paul.

Just going over GRH’s posts from April 2021 and came across this one…. It’s not the 1st time GRH has mentioned ‘put options’.

‘Evening again

I know this might sound odd at this stage of the game...
but the more I look at PRD and it's projects,
the more I think it might be taken out...

not 'just' one project at a time...as originally planned
but the whole shooting match...with series of conditional payments upon successes

Suppose there is a PE house that understands the way the market is 'greening at an astonishing rate...
they could deal with PG et al on takeout
and shareholders here could retain some stub equity with maybe an option to 'put' that on the PE house at pre determined future dates (yes...done that before)

OR could it be that an existing super major might want to accelerate their own greening?

that would make sense
and frankly the numbers...
at my target of £15 value creation per share...
are not large

Hmmm
I had thought I had bought enough a year ago...
and, in truth, I probably have
but I am going to have to revisit the *** packets

DYOR x 10
Caveat emptor
Trust nobody
Flatcoats are good looking dogs

ATB‘

https://twitter.com/grahamhengland/status/1610735645239934982?s=46&t=guCcEmn21iY-Qaas_KZ3-g

Some folk might wish to read my posts on LSE of April 2021...

In which I revealed stuff that might now be of some relevance

Funny old World

#PRD

Absolutely Bob :)

Some excellent informative posts today…. many thanks for all your contributions :)

I’m with you Bob… I’m going for the treble !

… could even be 100/200 metres :)