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The joys of the filter button is you don't have to read none stop garbage.
The creepy guy is also over on Predator's site.
BTW, Predator is worth a look at. It's just started the testing phase.
I'm sure given the time Block will give a return.
Have a great day !
Many thanks kasjnatonπ
So, even with just the first part of testing, the return will be amazing.
I'm looking forward to next few weeks as the market starts to understand the potential.
Exciting times if the testing confirms the gas amountsππ¦
The Independent Technical Report gives unrisked P50 and P10 Contingent recoverable gas resources of 109.28 and 234.42 BCF respectively net to PRD.
Based on this report alone what share value could be attributed if we just achieved the lower estimate ?
I'm sure it's enough to be commercial.
There have been multiple attempts at guessing the potential with share price ranging from Β£2 to Β£16. I think it would be useful to know what the minimum amount of gas would do to this share value.
Thanks π
The importance thing for me is to prove that we have commercial amounts of gas. That will make everyone money.
When the testing is complete we will have a better understanding of how much gas there is in the tested wells. We can then drill additional wells to add to our production. MOU-2 area looks promising.
People get carried away with dreams and expect instant mind boggling figures. The potential is certainly there, but it will, maybe, take time to fully utilise the potential. The first steps are now happening and that will add share value.
There is, potentially, a hugh amount of gas in Morocco. If we find that we have a commercial amount of gas then we can then use the revenue generated to drill additional wells in sweet spots.
Excellent news today.
Trinidad will start moving soon and a very interesting note on Ireland.
Good work Predator !
Not many of us are fans of PH.
However I personally don't see an alternative.
The Scottish due were certainly not a viable option.
It's easy to say "Paul out" . The question is:
1, Who would you replace him with?
2, Do you think it would hinder the development of behind close doors negotiates if Paul left? If so please feel free to share your views as to what a new leader would do.
3, Would a new leader suddenly produce funds to drill new wells?
4, How would you move this company forward if you were in charge?
I certainly think communication could improve. I'd also like to see more short term cash being produced via project 1.
However I don't have an insite into the negotiations that will move us forward.
Crawling out from the woodwork we see another poster full of opinions.
Welcome to our latest one post wonder.
May your guidance enlighten us.
When we are informed that the testing program is underway we will see share movement.
And .....
When we are informed of the testing results we will see share movement.
Until then ......
Life Is Patience. by Julie Hebert:
To live how we want,
And to do what we please.
Can sometimes be tough,
And not done with great ease.
Life works in many ways,
Some good and some bad.
Which stops us in our tracks,
And makes us really mad.
We canβt all get,
What we want right away.
And waiting is needed,
To show us the way.
So learn the lesson now,
That some never learn.
Waiting patiently,
Will allow you your turn.
Good fortune peeps π¦ π.
The share price has moved up in value and has stabilised around this current price. That price reflects where we are prior to testing.
After the various testing delays people will wait for a confirmation that the testing program had actually started.
It's understandable that people will want to be informed before investing.
For various reasons we have been promised testing dates before.
Once we get confirmation that the testing has started we will then see a healthy movement. It will be interesting to see what height this share reaches in that period.
No news will add a certain amount of uncertainty to the daily value. It's certainly not a time for me to sell.
I have held for a long time and apart from a small de-risk selling around the 19p mark, I've held firm and did add that money back in at 12p.
Predator has to come to a point, in time, where they can prove up this Moroccan asset.
The research and general view among posters is that the potential is massive. The information on gas charged sands is all there for anyone wanting to research this share along with the funding package and information about additional avenues of revenue.
If the amount of gas is commercial then it's just a matter of how commercial the return will be. The risk of not being a commercial amount of gas is a risk I'm happy to take.
Patience is required!
The potential reward is off the scale
I'm very happy that the testing is finally about to start. I'm hoping that Predator inform us of progress. A simple " the testing has started," tweet would be most welcome.
I can understand the need to keep a tight reign on what we potential have. Hopefully the last 6 months have given Predator the time required to negotiate while staying under the radar. Paul would of been aware of the dangers of having hostile bids at the wrong time.
We may have to wait for both of the testing methods to be completed before we are informed.
Exciting times ahead with Phase 1 Guercif rigless well testing scheduled to commence before 25 January with Phase 2 using Sandjet scheduled for February/March.
We are also moving ahead in Trinidad:
Site visit to Cory Moruga scheduled for 22 - 26 January to begin planning for well workovers. A great longer term project that should generate cash.
A tweet or a photo of testing equipment from Lonny would be appreciated. π
Our time is near !π¦
Time marches on and in that time vital parts of the overall story have been added via the various media outlets.
Every bit of news will have a value attributed to it. This has increased or reduced the share price accordingly.
Up to now we have had news that was positive and negative. The lack of understanding of MOU-1 and mud issues on MOU-2 along with placements halted our growth.
MOU-3 and 4 were/are massive.
The placements allowed us to raise the funding required to move ahead. It also added Trinidad as a potential earner.
The initial research on the 4 wells indicates a large volume of gas, (Maybe even oil?), On at least 2 of the wells.
MOU-1 also has potential.
On MOU-2 there is an off the scale potential, if gas under the massive mud seal is proven up. Re-enter or drill to the edge of the zone?
In the months to come the media releases are likely to add massive value and hopefully a snowballing of value as investors realise the potential. I do not see many negatives this year.
Fund raising would be needed to move toward the end game, Addition wells etc. But this is unlikely to be problematic.
Paul holds many aces and he will have various options open to him.
The various means of testing will be the turning point. Once the results are published we will know where we are.
Paul and Lonny know far more about what we have and they are certainly working hard to negotiate various deals.
I am very comfortable holding. π π¦
Troll are unfortunate part of everyday life. Some are paid on here to attempt to fulfill an agender. This one on here is one of the sadder trolls. They latch onto a forum and really need attention.
I guess people enjoy the comic value of these trolls. I personally can't stand that type of person. Blocked ages ago.
Today's news does tend to hint at larger things happening in the land on the Bloe.
With no new drills and natural decline they must be sure of a way of generating a profit other than workovers.
I'm happy to wait and see what is going to happen.
Meanwhile, the share has had a good recovery from the low points.
Along, with many other long term holders, I've been with Predator for multiple years. It's been an interesting journey. We have always had knowledgeable posters who have kindly shared their knowledge and interpretations.
We have also had very helpful posters warning us of the dangers of investment. They of course never write anything that is backed up with research. Such is life.
I strongly feel that this rollercoaster cycle of highs and lows have evened out. The last 6 months have certainly been testing, unfortunately not the kind of testing we anticipated!
We are now down to the, " let's see what we've got and move towards the end game"
This year will be the start of the reward for holding long on Morocco. Many options of shareholder value along the way. With Trinidad I feel it will take longer. However the combination of multiple projects should see this share sail to new heights.
I do dream of a large return.That's what humans do and why we invest!
I'm very excited to see how this unfolds. The research data indicates that there is a large amount of gas around.
Soon we will know. I look forward to that day.
Keep up the hard work Predator team!
Thank you baliatus for your excellent write up on Block Energy.
If you think they need 100m to extract 5mil then my question to you is:
Why are you posting on here?
16 posts are you a completely new poster, of some sado when needs to change your name?
They do tend to crawl out of the woodwork.
I continue to hold and thanks to the regular posters for your contributions.
I will wait this one out and feel given the time it will reward.
Have fun peeps !
Patience is never easy when it's your hard earned money.
However, the potential rewards have always been massive.
A very welcomed RNS full of information and dates.
Perfect....
Thank you Predator team.
Our time ..... Just love auto correct π
Happy new year and may put time finally come....
https://www.instagram.com/reel/CysZ9OGucor/?igsh=aDgybGQ2dzJkdXds
Good morning everyone.
I'm still holding so I guess I still believe in a good return.
No news on short term venture but there are potentially massive projects in the future.
For now we all wait and see how this develops. It's certainly a very attractive share price.
Wish you all a great Christmas break π ππ.
No filtered posts recently.
That totally sums up the trolls on here. They descend in packs when the share price is falling. Words of warning and confusion fill theses pages.
And then.....
The share price starts to recover.....
And silence.....
Have a great break everyone.
Almost Christmas and another year passes.
I look on this share one of proberbially.
They have raised money for, among other things, some testing.
If they have not done the testing to date then there will be a reason. They have not run out of money or can't be bothered. We don't know what's going on behind closed doors. But I'm pretty sure something big is happening.
Time will tell.
Prax 14
I am not interested in your conversations with a troll who most of us have filtered.
Filtered.