Member Info for Lancygeo

I’m with Keith…. spud yesterday and drill depth currently somewhere between 100/200 feet imho :)

Good afternoon all, I’ve just gone back over and re read a number of posts from one or two of our most respected posters and came across the following from GRH back in September…

‘ Morning

I will be brief-ish

I have a reasonable grasp of what Paul and Lonny are dealing with at Guerci

I really don't think that many people on here possess that grasp...apologies to those easily offended

The EXCEPTIONS stand out
VERY clearly ...as giants

We know who they are

A quick observation re the staggeringly informative interview yesterday..

I have listened to it several times ...
some might wish to do the same
I will do so several times again

But just take this ONE point!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Paul deals ...head on ...with the issues of likelihood of commercial gas flow
and risking

Its the first time I have heard him do that on a public channel

Please plug the smallest flow numbers into your abacuses=

Shareholders make a lot of money

Now...plug in the range of numbers he expects =

Shareholders make a LOT of money

Of course it cannot be guaranteed at this stage ...

if it were guaranteed ...the equity value would already be above that of CHAR

So...the gap between current ‘market’ pricing of the equity and value of the equity (copyright S81)

is like nothing else I have ever seen...

NOR WILL EVER SEE AGAIN

And I have been involved in some mighty decent sized things

Yes you can lose money...
and only you know how much risk you perceive and can handle

But none here today will ever see one like this
and they have even less chance of holding enough to make SERIOUS money out of such

I don't trade this share as I really DON'T NEED TO

Such stance seems hard for small time traders and CREW PERSONNEL to understand

I researched...more than a bit

I waited until THE optimal moment...one single event drove that moment

I bought ...in volume ...at 1.5p

I now sit patiently

Guercif is such that no amount of whinging by the dwarfs can or will change anything

CAVEATS :

All IMO
DYOR
It's your money
Tomorrow might be Sunday
ETC

Regards
GRH’

https://twitter.com/grahamhengland/status/1608934440381841408?s=46&t=LDcmx7OH1i6JJ_YX-RyHrg

Someone asked me if I had imbibed a few this evening!

No...
just that I am considering opening up a bit

There are posters on LSE who purport to know their stuff

and who allegedly hold real shares

But still they post total uninformed booooloooocks!

I’m intrigued …. what exactly is Stans book ?

and thanks to Vegasnomore for his reply on Twitter.

https://twitter.com/vegasnomore/status/1605716274595520512

And situated in an area within the prolific hererra fairway that has produced circa 250 million barrels oil.
Worth taking a look at TXP recent corporate presentation re Royston and the potential of Kraken in the cretaceous.... there's a potential cretaceous interest in CM block

What VALUE do we now attribute to Trinidad ?

Paul Griffiths, Executive Chairman of Predator Oil & Gas Holdings Plc commented:

"We are delighted to have negotiated an amicable settlement with Challenger Energy - which gives a positive footing for both companies to move forward - and gives Predator access to the under-developed Cory Moruga field. Cory Moruga has always been recognised by the Company as a candidate for miscible CO2 EOR. Since 2017, when the Company first had an option to acquire it, WTI spot oil price has increased by 46% to improve CO2 EOR project economics.

It is important for our shareholders that the Company is seen to be leveraging its expertise in CO2 EOR techniques and methodologies developed as a consequence of executing the Inniss-Trinity CO2 EOR Project. This allows us to capture value for the Inniss-Trinity CO2 EOR Project that would otherwise have been unrealised. Cory Moruga creates another exciting growth opportunity for 2023 which the Company can operate entirely itself and can exercise direct control over the receipt of potential future production revenues."

The run up to spud continues tomorrow :)

https://www.lse.co.uk/rns/PRD/exercise-of-share-options-loan-to-develop-asset-i7kshsmrfhyafjd.html

Ireland

In the context of Ireland's requirement for security of energy supply given the current global energy crisis and the publicity surrounding the Company's Mag Mell Project, there has been renewed industry interest in the Company's application for a successor authorisation for Corrib South. The Company is allocating £100,000 for outsourcing the preparation of a Data Room for legal, technical and commercial due diligence purposes for interested parties.

As relevant today as ever :)

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

Ford…..excellent summary of where we are currently. I too have the patience to see how things play out on all 3 fronts…. as Bob says we could well end up with a full house in good time.
Personally, I intend to hold in anticipation of the Special Dividends that will come about in a success case for one or more of our assets…. all I have to do is sit on my strong hands…. simples :)

From the annual report

Additional projects in Zambia and in other jurisdictions are continuously considered, with the aim to generate further long-term shareholder value. Concurrent to that, the Company is pursuing its plan to list on the London Stock Exchange, which is still expected to occur in 2022.

Obviously the listing has been delayed.
Copper prices expected to boom next year.

FUD indeed from the naysayers who really are clutching at straws trying to get in at a lower price.
Short term delays will not affect my long term views.
Bobs nailed it imho…. We’re going for the treble !

Ford…. I assume the offending post has been deleted, in the meantime please filter them, they are clutching at straws and truly not worthy of the airtime:)

Trading 212 currently 0.26p

Trading 212 fluctuating between 0.23 & 0.27 this morning. I have buy orders at 0.23, 0.24 & 0.25 which remain unfilled.

Now available on Trading212 :)

…..everyone, interestingly on the run up to Mou 1 spud on the 20th June last year, the sp hit the dizzy heights of 18p with an all time high of 22p. Not long to wait now for Mou 2 :)

…. nor Trading212

Still unable to buy on Trading212