The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Morning!
Is there a link available to Paul's chat ?
You have problems thinking don't you boff? your blinkered view on PH and you inability to write anything other than "Paul must go", shows that your trading and comments are based on emotional bitterness.
It would be more helpful if you were to give your balanced opinion of the interview instead of snide comments. But you can't, can you?
Why is another person's trading of such interest to you. May I humbley suggest that you stop acting like a troll.
At least I wrote a personal view of the interview.
I will buy and sell when I want.
Please don't reply.
I knew the troll would have my post taken down. It's why I saved it.
Troll hate the truth.......
Just listened very carefully to the interview.I see a great increase in the amount of green filters. I can never understand the trolls total inability to process and understand what people say in an interview.
My take, for what it is worth is: Project 1 has generated enough money to keep the company going and help with moving along with the other projects. Project one will stop unless they need to maybe do one more drill to stay cash positive. The project 1 results did not move the share price and they now have enough money. I was happy with the reasoning given.
Cash flow positive is very important. It is also a very good position to be in.
I think Paul side stepped the repayment of the loan. He did say continue with the load or paid out of the farm out. It is still something that has to be paid. And the time scale will not necessarily fit in with the farm out.
My gut feeling was that everything Paul said will take a lot of negotiation and planing. Approval will be required.
I personally see 3 month before initial news and 2 years to get everything up and running . As long as they have money it will not be an issue.
However it will only take an announcement that a farm in partners is found to send this share to a much higher level.
Or news on the other projects.
There is a massive amount of gas and oil in the ground.The Government are very keen to get their hands on the gas and oil. They will be supportive.
The big turning point will be project 3, project 2 and 4 will eventually happen but it's project 3 that will give the return.It looks to me a great share if your happy to sit it out. Cash flow positive means they can progress with making the big bucks.
As stated I am not invested. For me it's the timing of when to buy back in. That's always the fun part.
I will certainly keep a close eye on this share.
2.7 TCF is massive as it the oil.
As for the likes of Sarah, he is either a paid troll or just someone who needs attention. All the words spoken by Paul indicate a good return if your willing to wait. I guess the positives of the interview does not sit well with the troll.
Just my take and DYOR.
You play a game sarah. You are useless at it and no one other that the chesh troll care about you.
Another 5 post expert. Invested in predator since 2021? 😆
PS.
The troll will be very keen to have this post removed and will write stupid things in the hope that someone will complain. That will the get the whole thread removed.
When that happend reply with a new heading each time.
Good fortune !
Ibiza 28.
Don't loose track of what we have.
We will do the sand jet testing and we will drill and test the next well....
..
Why did everyone invest here in the first place?
Why have a large amount of us not sold?
Has the research and data fundamentally changed to a point that it is no longer a viable hold?
If so, are we suddenly to dismiss all the excellent articles written?
Are we to dismiss the calculations on what this company is potentially worth?
Has all our research, that has been done over many years, no longer valid?
I can understand frustration. It's hard earned money but please don't forget why we all originally invested.
A long time scale is not to everyone's liking. But it is what it is.
We will see what Paul has to say this week.
The question for me is: Will Predator eventually have a commercial amount of gas to facilitate a deal or two!
It may take additional wells to unlock this asset. Time is a killer to the impatient.
If we have the gas then the rest of the end game will start to unfold.
Certainly an interesting and nervy time.
Good fortune everyone.
14th March. Not long to wait.
It will be interesting to see why Predator have decided to do this Investor forum.
Hopefully an RNS issued prior to the meeting.
It's certainly an opitunity for Predator to give us an update of what progress is being made without giving away price sensitive information.
The one to one chats will, hopefully, give us a insite on management confidence. A chance to read between the lines of what they say and get a gut feeling.
No idea of sand jet time scale or the forthcoming drill. A bit of clarification will help.
Good fortune !
It is good news. However the time scale is still uncertain.
Not issuing quarterly updates is a red flag.
I still keep a close eye on this share and do feel there is money to be made here. I will certainly buy back in when I feel the time is right. It has enormous potential.
Good fortune to all the long term holders. You will get there!
Always nice to see a recovery.
Only 9% down now,😂
I've made and lost massive amounts of paper value. It gets a bit scary looking sometimes! But I've never been tempted to sell other than occasional top slicing that I then put back in.
I trust in my own personal research and understanding.
Keep the faith 🙏
Paul can't say anything at the meeting that is price sensitive, however the real benefit for the people that attend will be the opportunity to meet Paul and Lonny. There will be much to learn from off the cuff remarks and general chit chat.
Plus what Paul says at the forum.
So, what is the reasoning behind this forum?
I will look forward to hearing from those that attend.
I wonder if our resident trolls will go as they are such caring people and show a almost obsessive opinions of the negitive sides of Predator. They won't, of course, as in real life they are just sad trolls who hide behind a keyboard.
Waiting game now!
Good fortune to you all.
The last RNS was not well received and the initial gut feeling, among the uninformed and general public, was to panic and sell. This brought in stop losses and the MMs made a nice tidy profit. It was not wonderful news. But it was not terminal news, far from it.
The news encourages all the trolls to crawl out and show their wonderful personalities. Thank you for your input!
The share then stabilised when it was apparent that it was not the end of the world. Posters starting to return to writing factual information.
Now, on reflection, it is clear that everything is still to play for.
The reason I first invested here was the potential of a large amount of commercial gas.
Nothing has changed and we are also adding to the potential with a new well.
I purchased and help this share for a reason. Nothing has changed other than a delay to achieving a return.
I will wait ...
DYOR......
I did and like the risk/reward.
We are funded to drill MOU-5.
We are funded to test MOU-1, 3 and 4.
Do we have the funding to test MOU-5? How much would it cost and do we think Paul will add MOU-5 to the testing schedule?
It would make sense to finish off MOU-2. We will have the rig on site soon and it would be 4 days drilling at most. What would the cost be?
Any thoughts on time scale and release of information and if we have the availability funds for the additional works?
I continue to be saddened by human nature.
Regards!
Phase 1 rigless testing information has confirmed Sandjet as the preferred choice for perforating multiple zones in MOU-1, MOU-3 and MOU-4 for rigless testing.
No change to available discretionary working capital to carry out Sandjet testing programme Resources estimates remain unchanged and there are no changes to available discretionary working capital to carry out the Sandjet testing programme.
The finance is in place for MOU-1,3 and 4 testing.
I don't know if they have the finance for MOU-5 testing. They do for the drilling.
MOU-2 would probably need additional finance to drill and test.
Planning activities to drill MOU-5 are progressing smoothly and we are encouraged by the preliminary results from the geochemical characterisation of the Jurassic section in MOU-4.
I think the timing of the second phase of testing will be, in an ideal world, dictated by this drill.
The analysis of gas collected from multiple levels whilst drilling MOU-3 is encouraging as it indicates gas from a biogenic origin with up to 99.57% methane content, which is ideally suited to a CNG development.
Seven gas samples collected in isotubes in MOU-3 whilst drilling at measured depths of 446, 508, 555, 750, 817, 846 and 1395 metres have now been analysed by Applied Petroleum Technology (UK) Ltd. ("APT") in their Oslo laboratory. Gas composition is in the range 98.04 to 99.57% methane, making it ideal for a Compressed Natural Gas development with minimum processing. Isotope analysis indicates the gas is biogenic in origin.
We did not test MOU-4. We only tested MOU-1 and 3. (Unless I missed something.) Interesting and many conclusions to be had.
We will test, using sand jetting, MOU-1,3,4 and 5.
The research and data still points to there being a massive amount of gas.
If so, then the only real issue is getting it into production. Finance is in place.
We still have the option to finish off MOU-2. Hopefully the mud problem is no longer an issue.
I'm not really sure on the time scale now. But we will want to test MOU-5 at the same times and who knows, even MOU-2
It's certainly a share to hold or invest in at this low price.
Just my own opinion🙏
Ibiza...
I think they were talking about copl not Predator.
The gas is still there......
That's the important thing to remember.
The next well should help by giving a better overall picture of what's connected.
The conventional method did not gain the results we hoped for, however it will of helped with the understanding of how best to use the sand jet program.
I have to admit I'm getting nervous but my head says this is still a great investment.
Share appears to have stabilised.
There is lots of research and data out there. It tended to be showing a strong possibility of success.
Nothing has changed in the end game.
However a big question mark was shown as to how easy it is to get to the gas. Convenient method was not the correct way forward. The sand jetting is.
There has been so much garbage written. It was an embarrassment to read how cretins, that were allegedly holder, got off on people loosing money. Many new accounts were set up to personal attack long term holders and predators. I believe in karma. What you sow you will reap. Sad people!
We are only just starting to unlock the puzzle. Not the best of starts but that is life.
Many of the more knowledge posters have given their personal opinion on the likelihood of a commercial amount of gas being out there. There were big positives in the RNS plus the obvious negative.
Paul is a massive shareholder.
Dispite the bad response to yesterday's news many people have been purchasing shares. Why is that ?
A lot of unknowns in this share. But the knowns are:
We will finish the testing and drill the outstanding well. Finance is in place for that.
I'm holding and will try and chill in the joys of my Spainish life.
Good fortune everyone.
I have many comments to make but will leave posting them untill the troll have filled their boots with running down, with glee a share they are ment to be holding.
A very sad group or people who are happy seeing people loose money.
In the real world they would not do that as the reaction would be them being laid out stone cold.
I'm holding firm until the testing is compleat
I think Predator have kept as much information as possible away from the public domain.
But soon that will all change and a lot of interest will be shown.
I see no signs of any hostile bids. But it's always something to be aware of.
Found this an interesting read:
https://www.investopedia.com/terms/h/hostiletakeover.asp