Member Info for Makeabundle

Let’s keep a lid on the pressure cooker in Morocco until we work up a head of steam in Trinidad. Excellent strategy over the last couple of years. Shrewd operator is our PG.

Lethargy and insouciance are the hallmarks of M.Martin’s government. Tomorrow will look after itself. Manna from Heaven. Manana, manana, yawn.

Not into the esoteric art of charting but it does look like neither CHAR nor SOU can hold a candle to PRD.

Vevan mentioned Barryroe and development along Green lines in an RNS. I thought the government would have been all ears - and we would have seen some action by now.

Swizz, do your contacts have any thoughts on LG and his plans for the future of Barryroe?

Yes indeed, somebody’s rod just doesn’t measure up. What a limp assessment.

In that case, Yuri, it is time for the gov.and/or LG to make an offer we can’t refuse and so avoid humiliation in the ECT court.

They can make Barryroe etc as Green as they like. Satisfaction all round. Let the Goodmans, Martin & Co get on with saving the planet. If cheaper gas ever becomes an imperative they can engineer a quiet u-turn and nobody will want to notice, apart from Ryan of course.

Someone please ask CS tomorrow why Oak Securities values EUA’s remaining reserves and resources at about 1% of in-situ value when the Sinosteel contract is in place to allow mining to begin. These assets are of the ‘brownfield’ class and that alone adds to in-situ value! This time I notice that they have not added the word ‘conservative’ to their estimate. Why has a new measuring rod been applied?

There is no rationality and little commercial ‘nous’ in Irish politics. You are a newcomer to the Irish scene, I think. There is, however, rather a lot of hypocrisy and cowardice. Ryan said two-three years ago that PRD would receive a letter, which surprised PG as you may remember. His surprise was justified - he is still waiting. The unforgivable thing is the present gov. has declined to give him an znswer either. The ostriches stick their heads in the sand instead.

If you can’t beat ‘em, join’ em. Anyone with a titter of wit knows that. Death-bed conversions need careful scrutiny. Elizabeth1 said she would not ‘open windows into men’s souls’ but AI can look anywhere.

Strike the killer blow this week with 500% sanctions on countries or companies buying Russian oil and Putin’s economy will soon be running on fumes. The Chinese won’t even have to fight a war, unlike the victorious Japanese in 1905. Putin is looking more like the inept Nicholas 2nd every day. As for Peter the Great and Putin’s imagination —- !

I found this post of 16th December of interest. Maybe that poster could elucidate further whether he thinks two classes of shares might do the trick.

‘That is how you separate Barryroe claim from the RTO company and ring fence it. If the RTO company has ANY stake in the Barryroe claim then it would no longer be ringfenced to existing shareholders, as the RTO company would have a claim for a percentage of the winnings.

It's possible that LOGP could sell a percentage of the Barryroe claim to the RTO company. Say LOGP sold 20% of the claim, supposedly £20m worth, to the RTO company for £4m. If the claim of £100m is won, then the RTO company would get 20% of £100m - £10-15m, so £17 to £18m. A decent upside on the £4m invested, even if the claim only pays out 50% of what is claimed it's still a big win.

The £4m that comes into the existing company as part of the RTO, plus the value of the listing at about £3.5m-£4m, could give existing shareholders maybe 7x the existing share price, plus the ring fenced 80% cut of the Barryroe claim winnings’

One would hope the least initial value of former LOGP shares will be 1P after RTO.

All depends on the prospects for the new shares after RTO and how much we are notionally allowed for them. You would hope the other partner sees value of at least £13-14M. Anyone think my expectations are much too low? A settlement with the government would be for much much more than that, so probably we should expect more than 1P initially.

Never kick a human when he’s down - inhuman Putin and his Mullah friends excluded.

Trump wants oil majors to invest $100B to restore Venezuelan oil and gas. Just a tiny splash of that on facilities in Trinidad could work wonders for PRD and its present miniscule valuation. PG deserves any luck coming his way.

Yes,Offler, they made a balls of their disinformation when bodies wearing Ukrainian uniforms were inadvertently included.

Of course people like sadoldgit and Tim etc think it is very suspicious when 95% of the world's press report the same thing about what happened to the theatre in Mariupol and the civilians of Bucha etc. Obviously contrived to show Putin in a bad light. I am no great friend of the BBC but facts are facts, and you are free to think about these facts as you wish. Tim will probably say the civilians of Bucha were spies or offered resistance or whatever and invite us to believe it. The BBC did not try to hide what happened in Vietnam. A very good friend of mine, a BBC reporter, was on the very last helicopter out of that country, and while I find some of his political views objectionable the facts that he and others reported cannot be in doubt. What did Pravda say about Bucha, I wonder?

It would be nice to stun the market and Jimmy23 with a triple MIT whammy!

Who’s turning the screws now? The Mullahs fall, can Putin be far behind?

Did the note say they had made provision for a crew cut, to put it baldly?