Moving ahead21 Mar 2025 12:23
With detailed information being withheld we are left with only a gut feeling to base our risk/reward strategy on, along with some interesting bullet points made in the RNS.
Based on the limited information being released some posters on here have written their personal take on what this all means. Gas, Oil and Helium are all mentioned. There are some encouraging interpretations of possible outcomes.
The media side of Predator have been writing to individuals and posting on X. Many unknowns but one known is it's not a duster. This is now obvious to even the trolls.
The general confidence from Management and X photos and tweets does not equate to a company in trouble. That is, of course, my personal opinion.
We are all looking forward to the Mou-3 shallow sands operation. If we can get a commercial deal we will be up and running. Please, no delays, failure or ambiguous statements.
Trinidad is encouraging as the wax treatment appears to work. If we can ramp up this aspect of our business we will see much needed money added to the bank balance. It's very much a work in progress but looks promising. With the tax breaks we will actually be producing oil and making some money. Small steps but vital.
If this asset is as good as many of us have thought, then the main stumbling block will be financial. Trinidad and shallow sands will give management more wiggle room and keep hostile bids at bay.
Now we wait.
Story of our investing lives !