The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The share price hangs around moving up and down on small volume.
What excites me is the potential share price on the day the news drops.
It's always possible that the news is not well received. However the likelihood is it will be the start of something massive. The research and data is there for all to read. All the bread crumbs lead to a mighty big mother ship of rewards.
Anything commercial with get the He1 type response. They got 10,000 trades in a day.
What is certain is we will get test results. When I don't know but very happy holding.
Fingers crossed ๐ฅ
I totally agree with hepseal.
Stopping quarterly updates was the final straw.
I have removed my holding here for 3 reasons.
One: Trust. Why stop issuing quarterly updates and stop the work over drills?
Two: timing. I think we are many months before anything of interest will happen. Lots of very promising opitunity here.
Three: I think my money is better suited elsewhere. Along with a few posters on here we are invested in another oil and gas company that's at critical stage of showing a return. I feel thatsxa better home for my money.
Just my personal opinion. I do hope it's earlier and will quickly reinvest if I see something positive.
Good fortune to you all..
I agree that the share price matters.
For Predator holders the moment we've waited for is near. A big question should be answered.
The question being is:
Do we have a commercial amount of gas ?
It's why the market is jittery.
Boff you say:
Its irrelevant what the news is.....
Really ?
That's some investment advice.
You do have some legitimate reasons to complain.
However your bitterness means that everything you write is one sided and based on hated.
Commenting, Paul Haywood, Block Energy Chief Executive Officer, said:
"The appointment of LAB Energy marks the beginning of the anticipated farm-out process of Project III, signalling our commitment to deliver a high-value strategy with near-term impact. We're excited to get the process underway and look forward to updating our shareholders in due course."
Findme
Thank you for your reply.
Findme
You came on this BB hinting to everyone of your vast knowledge in the oil and gas industry.
Having another person who understands how things work would have been most welcome.
I was happy to see an alternative view and interpretation on the research. I ticked up many of your initial posts.
However despite hinting at your experience you have yet to write anything technical about Predator. Instead you criticise individual with your superior ego, without ever giving a balanced reply as to why you disagree.
It's maybe why other posters find your rhetoric tiresome.
A simply question:
Based on the availability information, what is your profession option on the likelihood of a commercial find?
Regards.
Predator has been well known to all the long term holders for many years. We can see the value. It's been many years of patience and having the conviction that this will make us money.
I have slowly added on dips and de-risked around the high points. I now have my highest number of share and will hold.
I think a few large holders are doing a little de-risking ahead of test results. Human nature takes over. The MM's will of course use any opitunity to get your shares at a low price. Trust your research.
The big money and the market in general is waiting on the testing results.
I don't take investment advice from people on internet billboard, however, if you look at the the quality of some of the posts, you can see that the various posters are very knowledgeable and willing to share their views.
There is a vast amount of research and data available.
These are people I've learnt to respect as they generally give an honest appraisal of where we are. Thanks you guys!
The research and data suggests large amounts of gas from multiple places. plus additional areas that are also potentially massive.
So, where are we?
Testing underway and a new drill to look forward to. Opitunity to sell the gas and the company, once the gas is proven. We also have Trinidad and Ireland.
The funding is available and being used wisely.
Forget for a minute the dreams of ยฃ10 a share and focus on what's a commercial is discovery worth and the impact it will have on the share price. It's certainly enough to generate big profits, just on a basic amount of commercial gas.
Once you've researched you can understand why the general consensus is to hold.
We have multiple opitunity to find gas. That for me de-risk's my investments to a point where I feel comfortable.
Not long now ........
With this amount of gas their future will be guaranteed. We will need some kind of finance agreement. But with the government onboard the future looks very good. I don't know the time scale but a great bit of news.
Block energy say on twitter:
https://x.com/BlockEnergyplc/status/1755147936625815587?s=20
Good to see further international strategic cooperation in Georgia following the meeting between Irakli Beraia, the Chair of the Georgian Parliament's Defence & Security Committee, and Robin Dunnigan, the United States Ambassador to the country.
I'm not sure why traders/investors are not picking up on the vast amount of excellent info being put out by Predator. Maybe the want test results?
Testing will confirm out potential and if it's as we anticipated then the share price will be a lot, lot higher than today's price ๐ฆ๐๐ฅ.
Here are a few bits of interest:
Independent Technical Report gives unrisked P50 and P10 Contingent recoverable gas resources of 109.28 and 234.42 BCF respectively net to PRD.
Unrisked P50 and P10 Prospective recoverable gas resources of 139.67 and 312.16 BCF respectively net to PRD.
Independent Technical Report for scoping potential CNG development gives NPV @10% 128.08 and undiscounted positive cash flow of US$207.504 million net PRD's economic interest with an IRR of 138%.
If I remember right that's only for phase 1 testing.
ยท Input assumptions 20 mm cfgpd production profile maintained for 6 years to recover 32.85 BCF net PRD at a flat gas price of US$12/mcf.
A successful MOU-5 drilling, testing, appraisal and development programme would potentially open up opportunities to exploit our onshore proximity to the Maghreb Gas Pipeline, which is located less than 10 kilometres from the MOU-5 drill site. This is a significant advantage for any future potential developer of a gas find as it will reduce capital infrastructure costs and the lead time to "First Gas".
Funding the CNG development can be achieved using discretionary cash on the balance sheet combined with a leasing arrangement for CNG trailers and equipment. For this reason it has been important to develop the scale of potential CNG gas sales in Guercif, in a success case, to provide greater leverage to negotiate leasing agreements with greater materiality for potential service providers..
The CNG development schedule will be updated after the Phase 1 rigless testing results.
We also completed a very successful planning trip to Trinidad last month as a result of which we made significant progress towards establishing an operating and administrative presence. We also identified additional workover opportunities on the Cory Moruga licence area and evaluated opportunities for re-perforating wells by deploying the Sandjet testing technology to pinpoint missed oil pays in some of the legacy wells.
Ireland has taken us by surprise. We remain cautiously optimistic that we potentially have a partner for Corrib South in the event a successor authorisation is awarded. There is no guarantee that the conclusion of the GSRO DECC process would necessarily result in a positive outcome for the Company. Corrib South is a quality exploration asset adjacent to the Corrib gas field infrastructure and was formerly held by Shell under a Reserve Licence authorisation."
Fully funded for all 2024 firm commitments
Paul has a strong hand and that will help Predator negotiate some profitable deals.
All subjects to commercial flow results.
A successful MOU-5 drilling, testing, appraisal and development programme would potentially open up opportunities to exploit our onshore proximity to the Maghreb Gas Pipeline, which is located less than 10 kilometres from the MOU-5 drill site. This is a significant advantage for any future potential developer of a gas find as it will reduce capital infrastructure costs and the lead time to "First Gas".
The extension will facilitate, subject to regulatory approvals and consent, the drilling of the MOU-5 well to evaluate the 177kmยฒ Jurassic structural closure in a crestal location, the limit of which was penetrated in MOU-4 in 2023.
It's near to the existing pipeline. A new area to unlock and maybe part of behind the scenes negotiation?
The MM's droped the price to start with after the previous RNS. Then it moved up after the following days. I expect the same thing to happen this week. The news today is very encouraging.
A lot of market interest and money in He1 today, over 8000 trades.
Once news filters through then I'm sure we will see the re-rate on Predator.
As long term holders, most posters on here know the potential. The general market don't or are waiting for
test results.
If the test results are anywhere near to what we think, then the floodgates will open.
Not long till that information is known.
The Trinidad side of the business is also looking like it will generate a good profit over time.
Predator says:
"We also completed a very successful planning trip to Trinidad last month as a result of which we made significant progress towards establishing an operating and administrative presence. We also identified additional workover opportunities on the Cory Moruga licence area and evaluated opportunities for re-perforating wells by deploying the Sandjet testing technology to pinpoint missed oil pays in some of the legacy wells."
The sandjet testing is a cheeper option and they have identified workovers areas on legacy wells that were not tested using conventional methods. This is very encouraging news and should start to generate a steady income.
Paul says:
"future potential developer of a gas find"
That's a strong clue as to the eventual direction Predator is heading.
Things are hotting up in the land of the predator!
Excellent RNS๐ฆ๐
Ryan and the Green party were totally against granting any new licenses.
Why have they suddenly changed their minds ?
I think the penny has finally dropped, their policy was totally flawed and Ireland have no gas security of supply. They have dug a massive hole for themselves and are now finding that their policy of not using gas over a transition period is impossible to implement.
With the data centre alone there is a massive demand for energy. The data centers are backed by rich and powerful companies . It's only a matter of time before there are power cuts. Once this starts the general public will quickly turn on the green party.
I'm sure that massive behind the scenes talks have been going on regarding the damage being done to the future economy of Ireland. the lack of security of supplies meant that litigation against the Irish government was becoming a real possibility.
Minister Ryan is a stubborn person and very blinkered in his policy but not a total fool.
All good news for Predator.
For every troll you need other team members to play the game. Good cop/ bad cop.
BD6Vant:
40 of your last 50 messages have been about the same person. Endless identical posts publicising your team members?
A posters on here asked if you could not keep writing the same identical rhetoric. Enough is enough mate.
If you really want to not encourage the troll then simply stop and write instead about this company.
But you won't as you feel the need to tell everyone on this billboard about the dangers. Troll thrive on any publicity.
The share price is moving along nicely and I see no reason why it won't continue.
For now, It's all down to the testing results. With the result we will also know where else to drill. MOU-2 is just one area of interest.
Always a risk but one I'm willing to take. I've added to my holding and I'm enjoying seeing a healthy profit. I am not looking at selling as I believe this share will be massive.
The research is out there.
Good fortune to you all
He1 has had over 7500 trades today. Just think what the impact that kind of volume will have on Predator.
Very happy to watch and wait as this unfolds.,๐ฆ๐
13.50p/ 14.00p now.
The news is getting out ๐