Member Info for Madman-Rob

Morning.

It will be interesting to see if we start to break the 3.5p price.

At some point the share value should respond to the general expectation.

Morocco news could come at any time.

A higher re-rate will only come with solid news, however, a small percentage rise should hopefully be starting. We were at a higher price prior to the placement and the money raised has upped the potential.

February was a shorter month. I am expecting the Trinidad sales update on Monday. The profit from NABI will be welcome and will show new investors Trinidad's oil potential. Snowcap-3 really is a price mover and if successful it underpins my Moroccan investment.

Not too sure what snippets of information will be attached to the year end accounts.

I'm happy holding !

Thank you f&m.

The drugs nowadays are amazing and living with stage 4 cancer is not as scary as it used to be. Lucky it's low density.

I want to create a bucket list and enjoy ticking off all my new dreams over the coming years.

Tbh, I don't need a lot at my stage of life, kids well looked after financially.

So it's Predator time for me!

Come on PG make my day 🦕

1, Headline value, 3 bn.

(I think a 1 bn would be too low, 5bn possibly?)

2, Post Resource Deductions net to headline product, 50%

(Taken at mid range, 10% totally unacceptable and 90% highly unlikely.)

3, Royalty, 5%

(Would we accept 2.5% ? Also an option of 10%.)

4, Morocco tax, 5%

(there is still a 5 % royalty to include.

After 10 years the full tax kicks in.)

5, Royalty ratio, 80%

(How much will Predator keep for future developments? )

6, Shares, 980 million.

7, Trinidad NAV, £50 million.

(This should change dramatically with success.)

8, Ireland, £10 million.

(Just a nominal amount used for now.)

Return just under £1 per share.

There are various options and unknowns. I hope my interpretation of the figures is correct.

Personally, due to ongoing health issues, I would prefer a larger up front payment. However, the important criteria for me is to get access to my tied up money, by the end of the year at the latest.

Good fortune everyone!

Haha !

Morning sygmaa.

The data setting were random. The point being you can set your own parameters!

But you knew that and your comment did made me smile 😁

It would be useful to understand what every parameter should be set at. Some, like share number and exchange rates are easy. But I'd welcome comments regarding the other setting !

Https://embed.fbsbx.com/playables/view/1204303691625842/?ext=1784501169&hash=Q92gDAGxw7V_ceG6M-KdzIehGnDh

This is the other and last version .

Thank you as always .

Let me know what version is most useful

!

Hi Keith , I’ve inputted your comment to the Ai

Can you check this version out please !

https://embed.fbsbx.com/playables/view/1500093744961151/?ext=1784493201&hash=Q92gDAF-OrjjdpvTHwt9nx9hW6Ia

Revised with tax slider now able to go to zero

https://embed.fbsbx.com/playables/view/1500093744961151/?ext=1784493201&hash=Q92gDAF-OrjjdpvTHwt9nx9hW6Ia

It’s called:

“Guercif Monetisation Valuation Calculator”

I prefer pressing a big red button!

Just need someone with more experience than me to use it correctly. You can put the Trinidad and Ireland sliders to zero or include.

With all this talk of end games I’ve posted a spreadsheet with movable buttons and bull/bear settings .

I don’t know how useful it is as it quickly confuses me !

You can input your own data and it will do the maths for you.

Have fun and let me know is it was useful or not !

https://scontent.xx.fbcdn.net/v/t58.90637-6/525416090_878410795219919_7183554826437137201_n.jpg/predator_valuation_all_toggles.html?_nc_ht=scontent.xx.fbcdn.net&_nc_cat=111&_nc_ohc=kVCOqGeqQOYQ7kNvwFDbh2m&ccb=14-4&oh=00_Af3YY1kZE3zTnu1qpn8N5UyFP0ik8Lb14BzaYC7hOeuVhw&oe=69E8402E&_nc_sid=4ee932

I am expecting the Trinidad update on oil production to drop next week.

As all the revenue will be coming from NABI, I asked Ai what they thought each well has cost . I also asked for their estimate of future wells.

From each individual well you can then get an idea of how long it takes to go from the 15-30% return.

Existing NABI wells (already done)

• GY-211 (Goudron heavy WO) – $150k

• BON-16 – $400k

• BON-17 – $400k

• BON-18 – $400k

• BON-19 – $400k

• BON-20 – $400k

• 6 restorations (Inniss/Goudron) – $60k each → $360k total

Existing total ≈ $2.56m

All new NABI wells (planned)

• Goudron HWO #1 – $150k

• Goudron HWO #2 – $150k

• 6x HWOs (Inniss/Goudron) – $150k each → $900k

• Goudron infill development – $1.2m

• Jacobin-1 – $60k

New total ≈ $2.46m

Combined NABI spend (existing + new, ex-Snowcap) ≈ $5.0m

All 100% NABI-funded – you carry zero capex.

Please feel free to add your own personal opinions and estimates. This is just an Ai generated reply. Buts it’s useful as an indicator of costs.

NABI are certainly trying to up the numbers and I am looking forward to seeing the update in numbers and profit .

Not a big revenue for predator but a useful stepping stone while we wait for the Snowcap program to start. It’s also

a reminder That there’s lots of oil still to be extracted!

All eyes are currently on Morocco!

With my little man in a box it was easy to get both figures.

For me personally Trinidad underpins my personal investment.

That is vitally important and takes the pressure off my Morocco risk.

The figure I've posted are really doable and if we can get good sentiment going, even if it's only with Trinidad, then we should be well covered. Even without, the figures are still acceptable to me.

The big prize is Morocco. It can't be too long now until we hear some news !

and ........

One day Ireland may surprise us all.

Ok and cheers ! I’ve run a few numbers on Trinidad based on your two figures.

PREDATOR OIL & GAS

BASE CASE 10x VS HYPE 20x

100% ownership

FX 1.35

Tax shields active

$25/bbl opex

12.5% royalty

BASE CASE: 10x cash flow

1000 BOPD SCENARIOS

$60/bbl oil

815M shares = 3.6p

979M shares = 3.0p

$80/bbl oil

815M shares = 5.7p

979M shares = 4.8p

$100/bbl oil

815M shares = 7.6p

979M shares = 6.3p

1500 BOPD SCENARIOS

$60/bbl oil

815M shares = 5.4p

979M shares = 4.5p

$80/bbl oil

815M shares = 8.6p

979M shares = 7.2p

$100/bbl oil

815M shares = 11.4p

979M shares = 9.5p

2000 BOPD SCENARIOS

$60/bbl oil

815M shares = 7.2p

979M shares = 6.0p

$80/bbl oil

815M shares = 11.5p

979M shares = 9.6p

$100/bbl oil

815M shares = 15.2p

979M shares = 12.6p

HYPE CASE: 20x cash flow

1000 BOPD SCENARIOS

$60/bbl oil

815M shares = 7.2p

979M shares = 6.0p

$80/bbl oil

815M shares = 11.4p

979M shares = 9.6p

$100/bbl oil

815M shares = 15.2p

979M shares = 12.6p

1500 BOPD SCENARIOS

$60/bbl oil

815M shares = 10.8p

979M shares = 9.0p

$80/bbl oil

815M shares = 17.2p

979M shares = 14.4p

$100/bbl oil

815M shares = 22.8p

979M shares = 19.0p

2000 BOPD SCENARIOS

$60/bbl oil

815M shares = 14.4p

979M shares = 12.0p

$80/bbl oil

815M shares = 23.0p

979M shares = 19.2p

$100/bbl oil

815M shares = 30.4p

979M shares = 25.2p

KEY POINTS

Range 3.0p-15.2p base

Hype 20x = 6.0p-30.4p range

Current 4.2p = ~5x multiple

Hype is 2x base price

Shields expire = -33% both cases

HOW HYPE MOVES SHARE PRICE

Hype changes the multiple

Base case uses 10x cash flow

Hype stretches to 20x-30x

Same barrels = higher price

No change to oil or bopd

Just sentiment premium

Driven by news flow

Retail FOMO adds buying

Low float = big moves

Peak hype = 0% risk priced

One delay = hype unwinds

Reverts back to base 10x

Use hype to exit, not value

Would you consider this an accurate stab at a projected?

Time to relax after a beach day !

Thanks !

Kind of dumb question but I'll ask it anyway!

In my post on Trinidad I was told that my original number, of shares in issue, was incorrect.

I was told that there are 980 million shares issued.

My simple question is what one is right?

My latest information, 980 million shares.

Shares in Issue on the LSE chat site and listed in their RNS 814.86 Million shares.

Fidelity international listed

611.87 Million shares.

Another site listed

686.29 Million shares.

Are there any outstanding shares still to be listed.

Thanks in advance!

Part 2

IMPLIED SHARE PRICE – TRINIDAD ONLY

Based on 980 million shares in issue

Exchange Rate: US$/£ 1.35

Trinidad cash flow only – no value ascribed to Morocco or Ireland

Uses discounted-tax net profit.

$60 OIL - 1,000 BOPD

EPS: 0.66p

Implied Price @ P/E 5: 3.33p

Implied Price @ P/E 10: 6.65p

$60 OIL - 2,000 BOPD

EPS: 1.34p

Implied Price @ P/E 5: 6.68p

Implied Price @ P/E 10: 13.35p

$80 OIL - 1,000 BOPD

EPS: 0.88p

Implied Price @ P/E 5: 4.44p

Implied Price @ P/E 10: 8.87p

$80 OIL - 2,000 BOPD

EPS: 1.78p

Implied Price @ P/E 5: 8.91p

Implied Price @ P/E 10: 17.81p

$100 OIL - 1,000 BOPD

EPS: 1.11p

Implied Price @ P/E 5: 5.55p

Implied Price @ P/E 10: 11.09p

$100 OIL - 2,000 BOPD

EPS: 2.22p

Implied Price @ P/E 5: 11.12p

Implied Price @ P/E 10: 22.24p

I personally feel that with a general hype the price would be higher with traders, buying in on expectations of higher future values. End

This more than covers my holding and makes Morocco a free hit.

Moroccan new is coming!

DISCLAIMER

This document is for informational purposes only and does not constitute investment advice, it’s just my take on things. Please feel free to add your own valuations and figure.

Part 1

I notice an increase in sheep/troll posting today. They are following their masters call to undermine the share value with one sided comments and general FUD.

This is a big clue, as to Predators value.

We are witnessing large values being moved. The trolling is part and parcel of what’s going as we move towards big news. I look at value and potential. These peoples views are irrelevant.

A quick look at any troll’s history will show their agenda. They are fake people using multiple aliases

and changing accounts regularly when they are found out.

Meanwhile Trinidad will continue to add value.

“Drilling Snowcap-3 is our immediate priority. It is a rare opportunity in an unappraised proven oil accumulation.”

— Paul Griffiths.

OPERATIONAL UPDATE

Snowcap Programme Progress

- SC-3 long-lead orders placed, rig mobilisation in 65 days.

- New 3C 1.84 MM barrels Herrera #8 updip identified.

- Realised price improved $60.21 to $86.57 per barrel.

- Three follow-up Snowcap wells identified.

- Snowcap-1 workover to restore 80-200 bopd.

- Region includes Snowcap-1, Snowcap-2ST1, additional target.

This is not a single-well story – Snowcap-3 is near-term catalyst within proven, multi-well inventory.

ASSET INVENTORY

SNOWCAP-1 (2010/11)

Tested topmost Herrera at 1,100–1,450 bopd initial, stabilised 500 bopd.

Basal sands missed due to faulting.

SNOWCAP-3 (Q2 2026)

Will evaluate 600-foot Herrera interval to 5,300 ft.

Could unlock 3P 56.9 mmbbls across Herrera sands.

WORKOVERS

Snowcap-1 & 2ST1 fully funded contingency to re-establish production post Jacobin-1 wax success.

ADDITIONAL TARGET

New workover candidate with several oil-bearing reservoirs in 2,500 ft gross interval, suitable for pilot wax treatment.

CORY MORUGA ITR

2C Contingent 1.40 mmbbls, 2C Prospective 12.91 mmbbls net; 3C Prospective 19.57 mmbbls.

FINANCIAL MODELS

1,000 bopd – Revenue

Oil Price Gross Revenue Net to PRD

$60 $21.90m $21.90m

$80 $29.20m $29.20m

$100 $36.50m $36.50m

1,000 bopd – Net Profit

Oil Price Normal Tax Net Discounted Tax Net

$60 $5.48m $13.69m

$80 $7.30m $18.25m

$100 $9.13m $22.81m

2,000 bopd – Revenue

Oil Price Gross Revenue Net to PRD

$60 $43.80m $43.80m

$80 $58.40m $58.40m

$100 $73.00m $73.00m

2,000 bopd – Net Profit

Oil Price Normal Tax Net Discounted Tax Net

$60 $10.95m $27.38m

$80 $14.60m $36.50m

$100 $18.25m $45.63m

SALE VALUATION – TRINIDAD

Oil Price 1,000 bopd 2,000 bopd

$60 $27.4m $54.8m

$80 $36.5m $73.0m

$100 $45.7m $91.3m

Thank you 👍

Night everyone !

https://scontent.xx.fbcdn.net/v/t58.90637-6/526041780_856577777440755_5927445797640010698_n.jpg/prd_locked_trinidad_button.html?_nc_ht=scontent.xx.fbcdn.net&_nc_cat=103&_nc_ohc=-ZtbSiD5HcMQ7kNvwF6oQ1m&ccb=14-4&oh=00_Af0gjmYGysKXCuyq-3l_ObJxNkuT10dxXQpyb4A7VMGhjg&oe=69E15016&_nc_sid=4ee932

• SC-3 long-lead well inventory Purchase Orders placed.

• Up to 65-day delivery time.

• A drilling engineer has been hired.

That shows confidence.

It looks like we will need the revenue from Snowcap -3 before we progresse with the next phase. That kind of makes sense as we can't overstretched our budget. The NABI royalties are great but not enough..

That will mean another lengthy wait for material.

Unless ..........

Exciting times all round.