Member Info for LythamSlim8

Cojones see.

Quite enjoyed Cube's deductive reasoning over the weekend.

Given the timing and conditions of the options awarded to the NEDs last month, the conclusions drawn were sensible and to me seemed logical.

Possibly the timing was optimistic. But not wildly so.

Some decent buying this morning.

Great stuff.

So for the recently incentivised Messrs Jury & Kindinger, the job is simple:

• Work very hard to get the MOU

• Complete rigless testing

• Publish results

Plenty of catalysts for the SP over the coming weeks.

True enough about the geopolitical ramifications PSSW.

Don't underestimate this guy, though:

https://www.africaintelligence.com/north-africa/2022/01/31/elbaz-opens-up-forafric-s-capital-to-trumpists-and-kazakh-oligarch-machkevitch-via-nasdaq-listing,109730250-ge0

The FCF from T&T will come in very useful.

It sends a powerful message to anyone hoping to secure a bargain in Guercif.

PRD now have barrels as opposed to potentially being over one.

Agree. Hadn't taken much interest in T&T but the FCF makes it self financing and less susceptible to speculative offers for Guercif.

Was miffed about the MOU holdup but now see that PG is entering negotiations from a position of considerable strength.

The only downside to testing is if the gas doesn't flow and you're in the wrong game if that possibility stops work on the ground.

A working CNG operation would enhance the chances of a buyout.

3 months + now since the planned testing was funded - it's time now to s h I t otherwise get off the pot.

Was under the impression the recently mentioned plan to sell gas at the wellhead involved a Moroccan company. Vivo Energy were mentioned by some on here.

Not sure that I see how the conflict in Israel / Gaza can have a bearing on that scenario.

Sometimes...you have to take the rough with the smooth.

Very interesting.

How deep is the question.

Have a look at the Rif Belt article by D Lamont...

https://www.academia.edu/8071860/The_Rif_Belt

On page 213 they discuss the nearby Alboran Basin:

"Up to 8km of turbidites and muds accumulated in the western sub-basin where numerous mud diapirs occur."

8km..!

Don't know about the Champagne.

However, this could be the week when i finally show the Mrs how to operate the central heating.

Extraordinary. Can't recall seeing a candlestick penetrate both the lower and upper Bollinger bands in a single session.

The bands are tighter than immediately prior to the move (6p - 21p) in June.

An explosive move is imminent. Given the lower band was tested first thing and then the upper band this afternoon, looks like the bulls have it. Tbf there isn't actually a great deal of room to the downside.

1 year ago HARL almost 5 bagged within 2 weeks - think PRD looks primed for similar, possibly more.

I see that NS&I are now offering an annual prize fund rate of 4.65% variable.

PG - clearly a switched on and hard working geologist.

Surely the antithesis of the spivvy lifestyle executive chairman.

Even too busy for a quick junket in Marrakech this week.

Yes.

Interesting that ONHYM are actively encouraging the development of the gas network whilst simultaneously cutting subsidies for gas.

Yet ostensibly the Kingdom has little to no actual gas.

Unless they know something we don't. 😎

'Atta girl, Amina..

While the world is pushing for a green energy transition, the ONHYM Director maintains that “oil and gas and fuel oils are still needed” for the next decades.

As she put it, “gas is important in this landscape because it's the only source that can be used to stabilize at the intermittence of the networks of renewable energy.”

https://www.moroccoworldnews.com/2023/10/358544/onhym-director-morocco-oil-amp-gas-summit-will-catalyse-regional-cooperation

I see that on Google maps, MOU2 is now tagged:

بئر لاستخراج الغاز الطبيعي

(Petroleum products company).

Could be nothing but the absence of the company name suggests to me the instruction to Google came from higher up.

Interesting timing for this 'bold step'.

Or is it..?

https://www.msn.com/en-xl/news/other/morocco-strives-to-balance-subsidies-and-economic-reality/ar-AA1iOeaW

That Riyadh event could sheikh things up for PRD.

If the gas flows as is expected then PRD will be the belle of the ball.