Member Info for Madman-Rob

WB

Meaningless?

Am RNS full of information on 3 projects and you show your intelligence with a comment that makes you look stupid.

Idiot!

The testing has started......

The testing is funded......

Research indicates large amounts of gas......

MOU-5 will happen and it's funded .....

Predator is thinking ahead with getting another rig to expand our assets.....

Trinadad is moving forward and will become a source of revenue......

Ireland is starting to show real potential.....

Three excellent businesses. Each business has the potential to earn money.

At the current share value this is a very attractive share.

The troll view is one of desperation as the upside is getting bigger after today's RNS.

Everything in Morocco will be determined but the testing results. The potential is massive. A risk remains, but remember, the research indicates massive amounts of gas. MOU-5 is another step in finding the sweet spot or spots. Other drills will unlock even more areas of potential profit.

As the trolls have a problem with understanding this news I will repeat:

THE TESTING HAS STARTED........

Do our esteemed trolls honestly, believe that Paul and Lonny are sitting in an office oblivious to the legal side of the business?

Really ?

Or are you simply trolling ?

It makes me laugh at all the none stop crap being written. Latching on to a possible problem and yet knowing that the permit will not be an issue and repeating the same narrative over and over and over and over and over and over 😆.

I guess the stupidity of these trolls is why Lonny issued his F Off comment.

There will be no problem with a permit.

We will test.......

We will drill.......

The research is good........

What I don't see from the trolls is anything about the risk/reward. It's like the positive side of predators has suddenly disappeared leaving only scaremongering.

Jimmy.

My simple take on predator is:

They have excellent research data that will be enhanced with another well.

You have written many excellent posts on predators worth. I take it your view on the research has not changed? If so I'd welcome your comments based on the current availability data.

Of course they need to test. I agree with your frustration but you know they will carry out the test and drill?

So the only problem I see is when.

They are funded.

They have the rig booked.

They have the sand jetting team ready.

All that is unknown if is the timing.

But it's pretty obvious that that time is near. If Predator have anything like, what the initial research indicates, then my convictions to hold, through all the ups and downs, will be worth it.

I see we have an infestation today of doom mongering experts. Do they honestly think the our management team will not start the testing or drill the next well?

Do any of them really believe that we will not test or drill our next well ?

Really ?

Honestly!

We are funded......

We will drill.....

We will test.....

The only important thing, to me, is how good the test results are and what data we get from MOU-5.

That's true, but it can also be used for future projects that could involve predator in some way.

Always a risk of security of the gas supply.

Minister Ryan has dug a massive hole for himself.

Ireland has almost, zero stored gas and is totally reliant on importing.

Gudin, you have stated

"I am no expert".

I totally agree with your comment.

As for,

"I do not expect MOU-5 in June" comment.

I will simply reply.

That's your own person view and not one I take much notice of.

All that matters is:

They will drill MOU-5........

They will test........

And......

It will happen very soon!

Have a great weekend everyone.

🦖🦕🦖🦕🦖🦕🦕🦖🦕

Focus on the main event:

We will drill the next well....

We will test.....

It will happen....

That's it 👍

So, the point of your reply was to inform everyone that there has been a delay?

Thank you for pointing that out to us all. Believe it or not, but we are actually all fully aware of that. But thank you for taking the time to remind us.

Now we move on to what really matters.

The market also knows that and responding.

Nige, you hint that funding will be needed for the next drill and that the increase in the share price is due to an upcoming placement. That is simply not true. It's something you've totally made up.

I prefer Predators version from their RNS:

The Group's cash flow projections indicate that the Group should have sufficient resources to continue as a going concern. As at 31 December 2023 the Group had cash of £6.5 million, no debt and minimal licence commitments for the ensuing year. As a result, the Group's overheads will not require funding for a minimum of 12 months from the date of this review. In addition, the Group is fully funded for all firm operational commitments for 2024.

The reason for the rise is simple.

After many months of inactivity we are finally about to drill and test. The market is reacting to the fact that the research is very encouraging and the time scale is now favourable to invest.

I know who's version i believe in and it's certainly not your. I see the other idiot has also turn up to support you!

Your posting history is full of the same " what if it all goes wrong BS"

It's always been down to the test results . The addition well will help with a greater understanding of what gas is there.

DYOR and there is a risk attached.

This share has stayed at much the same price for a long time now.

The nearer we get to the drill and the testing, the less any attempt to lower the price will work. Only bad news will do that ! Maybe the usual suspects are just a collection of individual that like to focus on negativity and enjoy a good argument. Takes all sorts.

The next stage will be for this share to move up in value as the anticipated news drops.

Then it's down to results.

Char wrote:

Our two first wells have both been successful in confirming our geological model for reservoir distribution and the presence of gas which bodes well for future exploration activity.

What is encouraging for me is the presence of gas, in other areas of Morocco. I don't know if they will get their testing finished before ours. It will be interesting to see what's in their part of Morocco.they have also finished with the rig.

Predator have also, potentially found large areas of gas bearing sands........

Our time is near and once the gas is tested we will know exactly what this share is worth.

The research is out there .

I'm happy holding.

Good breakdown on production hepseal. Always enjoy your posts.

At some point in time they will not be cash positive, unless they have a change in strategy, like doing some more project one work. Or raising funds through a farm in.

Did anyone notice this ?

The directors also recognise that the outstanding $2.0 million secured loan is due for full redemption in August 2024 and that there are scenarios in which the Company may not be in a position to settle this liability on time.

Now they can renegotiate the loan but still have to eventually pay the loan off plus the interest.

They are cash positive but unable to repay the lone out of profit. For now that is not a problem, they are in a healthy position and can carry on for maybe a year or more, running on generated profits.

I'm sure the management are fully aware of the need to implement the various projects and have hinted that some parts are moving along with the negotiating agreements. It is in everyone's interest, including the directors, to move ahead with the other projects before the decline in production becomes a problem.

Changing PH at this point in time would be a terrible move.

I personally think the time scale will allow block energy to strike a deal or two. At the moment their hand is strong but as time moves on, with falling production, their hand will not be as good.

It's encouraging to see an improvement in the share price. If they do implement one or more project then this share will reflect what the deal is worth.

A positive RNS but still not enough to entice me back in.

Just my personal view in a share I know very well and as a potential investor I am totally entitled to post whenever I want.

Have a great weekend everyone!

I am sorry for the length of time in replying to your post. The reason being is, you are too weird and I blocked you a long time ago.

From time to time I view LSE on a site that has no filters. I then came across your post.

I wrote:

Nothing other than timing has changed.

We will test.......

We will drill 1 more well......

And ....... it's financed.

You conveniently missed out the first part and started writing weird things and rambling in a way that is out of context with what I wrote.

Please don't reply.

To clarify, my interpretation are, we are funded to test 3 wells and drill one well.

My friend, oily Fred, may annoy people with his views but he is not fixated on this share. He knows there is next to nothing to write at this point in time.

However there are a many on here, that have become almost stalker like in their constant and none stop trolling. They are very keen on getting into personal arguments and offer nothing in way of research. They appear to want nothing more than company's through the medium of chat. Nothing they say is necessary wrong and they are entitled to their view. However, I find in very boring to have to read this egocentric and perhaps even narcissistic trash.

My point is: why do you have such a desire to post and get into arguments? It would be fine if the conversation was about a research or interpretation of something relevent to Predator?

There is nothing happening with this share at the moment.

But in time it will.

Most people have a life and live in a real world.

Rant over 😆

My personal view is that the testing should of been completed by now.

I have listened to the various arguments as to why we never tested MOU-1.

We then raised the money for testing and one additional well. This locked in many investors, who brought in, as we headed toward 20p.

With the raise, the share value fell. We have had to endure month upon month of missed dates and a much lower price.

There are plausible reasons, however the bottom line is that there is uncertainty as to the time scale. This gives an opitunity for people with a different strategy to attempt to feed on the negative sides of predators. The same happened ( positivity ) as we raced towards 20p, with post after post of how rich we will all become.

I fail to understand how anyone can be so influenced by people's personal opinions but understand that if enough people as saying the same thing then I need to analyse the masses view.

I listed to the various personal opinions and it's part and parcel of modern day life.

All said and done it's the research and documented evidence that keeps me firmly holding onto these shares.

The return is still on and it's potentially a monster share to be holding at this price.

Nothing other than timing has changed.

We will test.......

We will drill 1 more well......

And ....... it's financed.

Three questions:

1) Will we test ?

2) Will we drill another well?

3) Do we think the research and prospects are strong?

The answers is "of course". Any other view is just trolling.

If you are holding for the testing and drill then the share price does not, in the long run, matter unless you are needing to withdraw funds.

I have not read anything that says we won't be testing or drilling one more well.

Nothing has changed with the risk/reward.

It's been stated that the funding is available for the sand jetting on 3 wells, plus the drilling of one additional well.

We are left with the final and frustrating question of "when?"

We see various posters with daily opinions of doom. They are playing a different strategy to me. I'm holding and will review once the testing results and progress is documented.

Have a great weekend everyone!

Patience is not the ability to wait, but the ability to keep a good attitude while waiting.” – Joyce Meyer

We are funded to test and drill another well.

The research is out there.

Enjoy..........

For clarification:

I said that funding will be required at some point in time. Various ways to achieve that and all depends on test results.

My point is that we are fully funded to carry out the testing and drill one more well. My understanding is based on the RNS. It is a legal document. Are you saying that Predator are issuing false financial figure?

I therefore feel it highly unlikely that predator would look for more funding before issuing the sand jetting results.

It would also have a massive negitive impact should we attempt to raise more money without proving up anything.

The only addition fund raise I would personally approve would be to finish off MOU-2 and additional funding to test MOU-5 and 2. (Not sure if Mou-5 is funded for testing)

The time scale has slipped but the research still keeps me firmly holding tight to my shares.