Member Info for Madman-Rob

Since the placement we have has this churn, casting it's daily influence over the share price. It feels like it's been going on forever. But it will end soon.

What comes next, over the coming months, is going to be very exciting and potential life changing. Starting off with the testing.

Still a risk but the reward is massive🦖 🚀.......

A tune for those waiting.

https://music.youtube.com/watch?v=ulRXvH8VOl8&si=tkgUORrhxnWeu2nQ

A very low entry price. Guess MMs are trying to get a few stop losses out. For now, most people that want to buy in have already done so.

Churn is also just about over.

Although people know we are about to start testing, there are still a lot of investors waiting for an announcement that the testing has started. Once it does start the clock will be up and running.

Today's news confirms to me that we have massive potential here.

Due to the unexpected presence of over-pressured shallow gas a different well design would need to be considered and the MOU-3 well twinned to approximately 800 metres depth to safely conduct a rigless test in this interval.

That's in addition to the already high potential already found.

MOU-3 successfully satisfied several key pre-drill objectives.

· It de-risked gas charge to identify migration pathways for deep thermogenic gas to ascend to shallower potential reservoir sands, thereby creating the framework for re-evaluating other prospective structures adjacent to these migration pathways with potential Jurassic and Tertiary sandstone and carbonate reservoirs;

It verified the integrity of the MOU-3 hydrocarbon trap at multiple levels and enhanced the case for significant shallow gas potential;

· It de-risked, subject to the rigless testing results, the "Proof of Concept" for the minimum volume and likely gas flow rates required to initiate a CNG development;

· subject to rigless testing results, MOU-3 confirmed the scalability of an initial CNG development to meet the near-term demands of the Moroccan industrial market; and validated that the reservoir distribution over multiple levels is ideally suited to the scalable CNG development concept focussed on transporting gas by road and not relying on large-scale capital investment in fixed pipeline infrastructure.

That's just MOU-3.

The testing is going to a defining moment in profitability of this company.

MEM's posts adds value to this BB.

Simple as that.

Patience my friends........

"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." — Paul Samuelson

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros.

The testing will happen and it's funded.

Enjoy the ride.......

🚀🦖🚀🦖🚀🦖🚀🦖🚀🦖

I have never seen any troll posts dismissing the various returns, nor putting their own valuations on Predator's potential value. I therefore take the values quoted as likely return figure.

If you look at how little gas we need, to make this commercial, then this looks very much like a share worth looking at.

The rewards is the gas figure are high. It's why I hold and take no nonsense of FUD.

Little men with little lives needing to find company by any means possible. Do not engage. Just post predator facts with new headings.

Churn is just about at its end. The price will rise on news. It will also rise on expectations.

Testing is just about to start . The signs are very encouraging. Funded as well.

Share value just about to rise.

More green flitters to follow this post. I will count the time from sending this post to the appearance of a green filter.

A day in the life of a Predator.

Exciting times for those invested and willing to hold.

Always a risk .

But, if there is a reward on this share, it's going to be high.

That's why we are all here.

Lots of smallish buys and very little selling. I can sell for 11:32.

Hoping that the placement shares are finally ending. If not it won't be much longer.

Testing of 151mts of potential gas bearing sands over 18 intervals plus an additional 4 that may be added.

The testing will look at ten individual horizons within the interval 1217 to 1300 metres TVD KB have been selected for perforating.

In the interval 769 to 912 metres TVD KB a further eight individual horizons have been selected for perforating.

Four additional data points between 1397 to 1400.5 and 967 to 991 metres and at 1035 metres TVD KB may be added to provide information that may be potentially useful for the finalisation of the MOU-3 rigless testing programme.

That is a massive amount of testing. My question is: is that just for MOU-1?

This work for all 3 wells is fully funded and will not take long to complete. Exact start date/confirmation of starting is still unsure. It is also unsure if the September date is for MOU-1 only? They say: potentially useful for the finalisation of the MOU-3 rigless testing programme. To me that reads the test is for one well only ?

PG did state that this testing will be completed by end of September (only MOU-1)? However the earth quake may have delayed this program. But it won't be for long.

Once the churn ends and we are sure testing has started this share will rocket 🚀.

20p soon.

That's just for potential!

There is certainly gas there and the potential amount of gas will give management a strong hand to advance to the next stage of the end game.

Happy to hold!

Https://whatispiping.com/christmas-tree-and-wellhead/

If testing is finished then it's time to write the RNS and the second part of the artical.

Monday ?

PH write this:

We are encouraged by progress to date on well WR-34Z, with drilling operations having successfully gone to plan. The well will now be tested before being brought into production alongside the other two successful Project I wells. I would like to thank our in-house operations team and subsurface team for all their hard work, which has again ensured this programme achieved its pre-test objectives, delivering the plan safely, on time and within budget. We look forward to providing a further update on the testing of WR-34Z soon."

There is also a second part to the recent interview to look forward to. I'm very interested in what he has to say and hoping it is a ramp up on the drilling side. If this well is successful it will move up the share price but we will need the drilling program schedule to maintain the rise.

I'm think it will be released with the testing results.

If you believe that the testing will add value, then the time scale slipping, by a short period, is of no important.

The testing of 151 mts is fully funded and will go ahead.

The testing is the result of years of hard work. We have reached the time where deals can be done. The amount of gas will determine the deal and return.

Have a good day !

I have that Chesh guy on another site. He is very creepy and a stalker.

Guess the earthquake is delaying the end of the churn for a few days.

The testing may end up with a short delay.

However, the testing will go ahead.

151mts minimum of potential rewards!

Happy days!

Time to start a new thread.......

I would think that the churning of the placement share should end in the next few trading days.

The testing has started, or about to start. It's funded and should not take long to complete.

The interpretation and issuing of the data will take longer.

I think the liklyhood of finding commercial volumes of gas is high.

The question is how high!

Once PG knows the value he will plan to move forward with the next step of monetisation.

The share price is a reflection of the placement price.

The potential should see it return to a higher value in the next few weeks.

What do people think the time scale will be and what is the next few steps in our end game ?

I do think this latest well will produce at a commercial rate.

Low end of 150 boepd.

High end 450 boepd.

PH said in his last interview that they were cash positive. Probably not a lot but it's encouraging.

The next well will add additional profit. It should also give a mini boost to the share price. I really hope bloe have got everything in place for the next drill. A multitude drilling program is the key to getting this share price to rise. We should of ordered the long lead items for the next well by now and need to continue with the drilling program as fast as possible.

There is always a fall off, over times, in existing wells. Oil prices fluctuations also have an impact in our overall profit. Hence the need to constantly drill new wells.

The new well will see this price rise but that rise will need news to keep the movement going.

Am happy with where we are today and look forward to part 2 of the media article.

Oily....

Where is your nearest Woolworths!

I'll make sure I'm NOT there .....

Obadhia

We will soon know !

All the reasearch has been done and investment decisions have been made, as to the risk/ reward. It's certainly a chance of getting in at a very low entry price.

Those wanting to hold this share have taken a position based on potential. There is a lot of research and analytical interpretation out there.

But we will soon.

For now we wait. The placement churn has felt like an eternity. Finally showing signs of ending though.

I can't see any issue in getting the testing successfully completed. It will, however, take time to analyse all the data. Not sure at what stage predator will inform us but hoping they will give an early indication of potential.

As we get nearer the the test results I think we will see a higher share value and a certain amount of top slicing.

Good fortune!

Will continue, like others, to post what Predator is about.

Guercif rigless testing on track and scheduled for September execution.

· CNG development planning on schedule.

All looking good.

Churn won't last much longer .

20/30p soon and that's just on expertation.

Testing in Morocco will show the true value of our asset.

I'm very happy to hold and watch as the testing results are made public.

From Predator's website:

Predator has re-evaluated the existing reprocessed 2D seismic database and well data and has identified the Moulouya Prospect as being drill-ready. The Moulouya Prospect covers at least 40 km² and is supported by multiple seismic amplitude anomalies.

An off-set well, GRF-1 drilled in 1972 before the acquisition of the 2003 ONAREP seismic, less than 1.5 kilometres to the south-east of the edge of the seismic amplitude anomaly, had dry gas shows in some high quality Tortonian (Miocene) reservoir sands. The same reservoir sands are exposed at the margin of the Guercif Basin where they are interpreted as deep water turbidites and form thick, stacked multiple sand bodies.

The gas potential of the area is further enhanced by the recognition of TransAtlantic of up to 128 feet of untested gas pay at the base of the Miocene in GRF-1 with average porosities of 20% and average gas saturation of 20%. Two micro-seepage surveys carried out for TransAtlantic by Geo-Microbial Technologies in 2006 and 2007 also identified dry gas around the GRF-1 well in soil samples.

The Directors believe that the Moulouya Prospect therefore represents a low risk proven gas play that is a potentially play-opening, opportunity for shallow gas in multiple, high quality reservoirs at depths in the range 2,000 to 5,000 feet. Significantly the potential for a very large accumulation exists due to the lack of compartmentalisation of the mapped seismic anomaly – unlike the situation in the producing Rharb Basin where the structures are small but with a very high success rate for finding gas.

A very high success rate for finding gas!

I like that last sentence!