Member Info for Madman-Rob

Hello fellow Predators!

I really can't understand this total panic. Are you not all aware that this situation can change very quickly?

Are you no longer able to see the potential?

A red mist desented.

Blindness and panic is for the uneducated.

Nothing has failed. There was no RNS issue.

We have been updated by Paul and if you don't like where we are then go.

Loads of buys, why is that ?

And yes I'm fully aware of the negative.

I understand where we are.

I understand the direction.

We are funded.

We have no debt.

New drill early next year.

Before that we will start getting an income from Trinidad.

Stop overthinking!

It's normal for a well to not flow at the first attempt. If it fails then we simply go onto the next one.

No one has officially said it has failed or that it does not have gas. All we have had is armchair criticism and personal opinions of people who I don't know.

Your opinion matters not. To me you are nobodies.

Predator will have countless opportunities, in what is a massive asset, to make money.

Trust in your own instinct and research.

Love to you all !

Ps it's very refreshing not having to read the garbage from our trolls.

Long live the filter button 🙏

Remember:

There is gas in MOU-3

It's about getting the gas to flow.

If it does flow then this share will re-rate.

Mou-5 will not have the same problem.

So, If the gas flows this share will re-rate.

And If we find helium this share will re-rate.

In time we will drill additional wells

If the gas flows this share will re-rate.

CNG....... 😄 Strong possibly.

Yes there is a risk but FFS the potential is massive.

Slowly but surly Trinidad will continue to add value as we rework additional well.

Ireland is another opitunity to add value.

The MMs will continue to take out stop losses and encourage panic. The troll will assist.

Question, why are so many people also buying shares?

Keep the faith my friends 😆

In IJWT you get an understanding of how a troll works .

He is one of the more intelligent trolls

His last comment says, if the share gets down to 5p he would consider buying.

Like all of the trolls they know there is potentially a good return and they are trashing so they can buy at a lower point.

Now why would he buy shares in predator? Answer is that the trolls are not as stupid as they make out to be.

They also know the potential.

Hi to you all.

I no longer bother to read anything that is in my filter box. Maggots have crawled out from their creepy hideaways and continue to feed on negitivaty of the very first test. They are nobodies.

I do not care about your opinion. It matters not. You have an agenda and that is to give a totally out of context view on a share. It's so rediculus that is almost funny. However to the people that are feeling the need to sell it is distressing.

The share price is only of interest if your not confident with the long term prospects. I am willing to hold as the research is good. I know I will have to hold through this initial stage.

Our Moroccan asset is massive and the log tests and research have indicated that there is gas and helium. There are multiple research data available to read.

We are at an early stage in the development. MOU-3 is the first well we have actually tried to get into production. It is being problematic but the well will continued to be worked on.

We are funded to test and to drill another well. It will happen early next year.

There is massive potential and time is required. Hence the need to use trinidad to underpin the additional finance in the short term. Trinidad will start producing soon.

Over time we will gain a greater knowledge of our asset and future drills will have a enormous potential to give me a return.

We are debt free

To sum up, we have started to test the very first well in an asset that is enormous. There is a massive amount of data and research available. Over time we will unlock the potential.

The trolls are not interested in data only in latching onto the very first well test.

I am confident.

Could not agree more and it shows the sad state of affairs.

There is no longer any point reading any of their rhetoric. You know it is the same glee and negativity.

They are an embarrassment to the human race. Needing to corrupt and engage in pointless and repeated garbage.

You people are only interested in seeing misery and as, so called, investors you should be ashamed.

But you are not.

I will say again, you are not ashamed.

The joy shown today is sick. You continue to act in a manor designed to upset and hurt.

Why is that?

What went wrong in your life's to become so bitter and twisted?

My life is amazing and I value true people.

You trolls are not.

Your ego will demand that you reply and I know you will fail to stand back and take a long hard look at yourself.

RIP our departed friends......

Apart from ongoing Mou-3 works, there will be very little going on in Morocco until late January.

Paul has said that there is enough funds to get MOU-5 drilled. It's all there for anyone to read.

Predator will be very careful with the money available and they certainly don't need any financing. The troll will do their usual job but their words are empty.

There is nothing in the overall portfolio that makes me want to sell and the share price is too low to doing any derisking.

Ireland not going to happen this year.

I'm sure that Trinidad will now, be there to add a little value. I think the additional revenue will enable predator to remain debt free.

Sometimes you just have to be patient.

I've fully researched and will hold.

RIP and condolences to your family.

Two of our experts are still claiming that we needs funding for MOU-5. Are you publicly Stating that he is a liar ?

Paul's says:

So coming back to MOU-5 which we’re allowing for £2.4M equivalent, we’re fully funded to drill that well and complete our programme in Trinidad.

So, I'm left with the very hard decision of believing what the managing director has publicly documented. Or the views of a couple of trolls who constantly write utter garbage.

You guys are an embarrassment.

The interview Paul explained a lot.

Unfortunately there are morons on here who don't like Predator. I am at a loss to understand the mentality of saying your invested and then continue to post utter rubbish. If you don't like this share then why not sell.

I do understand that some are maybe paid to write. But not all.

The gas is almost certainly there.

The problem is getting it to flow.

Because of the mud used, we are now experiencing problems. It's disappointing, but there is still a long way to go and the means to rectify the issue is ongoing.

I'm guessing the same issues will be found with the other 2 wells drilled. It will take time though and I think they will see how this well goes before deciding to test the MOU-1 and 4.

The most important thing for me is MOU-5

They now know what mud to use and will have a very detailed idea of what to expect when they spud some time early next year. Experience and knowledge is gained through trial and error. That is life. But the prize still remains.

The available cash will enable us to finish all our current plans and given time, Trinidad will finance additional works.

Paul says:

So coming back to MOU-5 which we’re allowing for £2.4M equivalent, we’re fully funded to drill that well and complete our programme in Trinidad.

So, an income from Trinidad. This will certainly help.

I believe that Morocco has gas and for me it's a waiting game.

Frustrating as it is I still believe this to be an excellent opportunity to make money.

Positives:

No debt, an income from Trinidad, massive potential and funds to drill MOU-5.

Ireland.

The negative is the uncertainty with MOU-3 and the way the other 2 wells were drilled.

A very informative interview with Paul.

The bold.

You quote my comment regarding that they should know what they have by now. You then disregard all the information saying that Predator will inform when they are ready and testing is at a stage where they can legally inform us. Your logic is flawed and you know that. You are trolling by hinting they have not found any gas.

Nigel,

Did you not read the RNS where they say they have the option to repurposed existing funds for a drill ?

It's interesting to see how certain posters want to stear off facts and replaced with mud slinging..

By now, they should have a very good understanding of what gas they have and the potential of Helium in MOU-5.

They could carry on with testing MOU-4 and MOU-1. Or even reworking MOU-2.

The probability is that MOU-4 has the same amount of gas as MOU-3 and MOU-1 about a sixth. (My total guess of course). However based on my uniformed assumption! It may be a more practical decision to move straight to MOU-5.

My point is, Predator actually knows what gas the have. If they are getting near to a commercial amount then finishing the testing will achieve the desired outcome. If not then MOU-5 next, makes sense.

They are funded for 12 months with enough discretionary cash to re-purposing spending for a potential drilling operations.

They don't have enough to fully test and drill a well. Predator will need to decide how best to use the available funds.

Finish the testing or repurpose for a drill?

I am not, at this moment, really interested in Predator looking at new businesses to expand their portfolio. I want them to prove up what they already have. I think we have all waited long enough.

If Morocco is that good then why bother waisting valuable time? The focus has to be Morocco. I still find Lonny's departure strange.

I appreciate all the hard work PG is doing but, in my humble opinion, Morocco must be our immediate priority.

The Government and major companies will certainly want the potential gas and hopefully the testing is giving an indication of what Morocco is worth.

It may require additional wells to achieve commercial flow or maybe

we already have enough to satisfy the relevant parties.

This big unknown is frustrating.

I think that if we were NOT getting encouraging data from MOU-3 then we would of quickly moved on to the next well. It would make logical sense to add all the wells together, in an attempt, to reach the desired volumes.

According to sat images we have not gone to another well.

So, what is happening?

Many interesting posts and thanks for all your time spent trying to interpret and second guess what is going on.

BRV excellent posts are a great reminder of the potential of Predator.

My personal thought is that they are analysing and testing every available part of MOU-3 to either satisfy the various parties, with a view to moving towards an end game, or, having the required data for drilling MOU-5.

I will wait as patiently as anyone, with hard earned cash invested, for Predator to do all that is necessary to move this asset forward.

Any thoughts on timescale ?

BRV, Many thanks for putting together various posts reminding everyone of what is/has happened in Morocco. Good work and very much appreciated.

Bowlesd

I found this part interesting.

The Company has had no requirement during the period under review to strengthen its finances through a Placing. It is fully-funded to carry out its firm work programmes over the next 12 months whilst retaining enough discretionary cash as and when required in the event additional well intervention operations are required, or by re-purposing spending for potential drilling operations, to enhance its existing well portfolio in Morocco and Trinidad in a production context. The Company remains totally debt-free.

They say:

"funded for 12 months with enough discretionary cash" So, have they have not ruled out the option of re-purposing spending for a potential drilling operations?

MOU-5 comes to mind but I constantly get shouted down. Has this information has been superceded?

I agree that they are unlikely to have the funding to do everything but is it possible that they have enough information from MOU-3 to go straight to MOU-5 or even finishing MOU-2?

This would possible slow down Trinidad and maybe they would not fully test other wells. Just getting critical information.

At the moment we are all left in the dark but there does appear to be multiple ways forward. Pure guesswork and assumptions from me but certainly encouraging and the length of time they are taking is perhaps understandable.

It's interesting how some of our posters are fixated on Predator running out of cash. They have documented that they are financially solvent for 12 months. Predator have also stated that there is no placement required in that time scale. So why the focus on just MOU-5 drill? You conveniently miss out all the other projects, like the sand-jet testing.

Of course MOU-5 is an important step forward but it is not the only thing happening. The money is being put to very good use.

In The bolds assumption he quotes over 20 days for the rig.

Predator state less. By your own admission you have over calculated by 6-8 days. I have also read somewhere that the original quoted time is now a lot less but can't find the article references that.

MOU-5

Average well depths to penetrate the entire prospective interval are in the range 800 to 1100 metres Measured Depth. Estimated drilling time is 12 to 14 days.

Hoodwinked Mr Bold?

I have simple highlighted information.

Why is factual information upsetting you?

Is your assumption based on know facts ?

I see no working out to go with your guess.

MOU-5 is a much simpler drill.

Part 2

2 metres of likely gas reservoir with average porosity 19.9% (maximum 20.6%) and average gas saturation 56% (maximum 73%).

Some of the information may have been superceded. But all the information was taken from available RNS's.

For now, the wait continues.

Good fortune everyone!

I'm trying to get an understanding of where we are in the testing program and when we will drill and test MOU-5. Unfortunately there is not sufficient information available.

All we, currently, know is that the testing is ongoing. There will be a lot of discussion and negotiations going on behind closed door. Everything PG is doing will be dependent on initial testing results.

To date we are still waiting for the testing to prove up the available data.

Finance:

Fully funded to satisfy all commitments for the next twelve months.

Cash balance, at period end of £4,352,190 (2023 year end: £6,484,034)

Financial discipline has ensured that the Moroccan portfolio of prospects is being explored and developed in a cost-effective manner. This has allowed the Company to maintain an undiluted interest in its assets thereby providing the materiality necessary to attract larger entities to assist in addressing future monetisation of the assets.

Additional experts:

Zenith Energy Limited (Aberdeen) appointed to provide additional well engineering support as operations expand.

MOU-3 data:

Seven gas samples collected in isotubes in MOU-3 whilst drilling at measured depths of 446, 508, 555, 750, 817, 846 and 1395 metres were 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.

Helium:

Based on the available data, the Company has decided to include a test for helium in the MOU-4 rigless testing programme and for a potential testing programme for MOU-5 if the well results are positive for gas. Testing operations will be coordinated to take place immediately after drilling of the MOU-5 well, before the rig is demobilised to another location, in order to make cost-effective use of an on-site pressure-volume-temperature ("PVT"") laboratory to provide more accurate screening for the presence of potential helium gas.

MOU-5:

Operational planning has now re-commenced, with the regulatory process concluded, to complete the MOU-5 drilling programme this year at the earliest opportunity.The Company determines that there is a better than 50% chance of success based on the fact that MOU-5 is immediately updip from MOU-4, which helped define the target for MOU-5.

MOU-4 data:

NuTech wireline log analysis and reservoir characterisation of the MOU-4 well has highlighted the following intervals to be likely gas sands that will form the primary objectives in a rigless testing programme.

519 to 713 metres TVD MD, including the M1 sands.

50 metres of likely gas sands.

778 to 879 metres TVD MD, including the Moulouya fan and Lower Fan.

12 metres of likely gas sands.

1139 to 1143 metres TVD MD, including the top of the Jurassic carbonates.

2 metres of likely gas reservoir with average porosity 19.9% (maximum 20.6%) and avera

Sorry, for some reason it sent before I was finished.

Our trolls just write negitive comments, That is maybe true but they also conveniently, forget what is the real prize is.

Another breadcrumb?

Think between the lines!

A thank you, to a few of the recent posters, for your interpretations on compressers.

Keep up the great work PG.....

What the trolls wri

Song for Predator

https://youtu.be/0_kjctTbMHA?si=_uoVO_I5evk8q-Cm