Member Info for Masterfly7

BRV,

Wax treatment should work just like Sandjet.. Wasn’t PG very confident on sandjet? Would be interested to hear how T&T underpins the share price. One could always compare to TXP and Trinity or not.

Sirmark, looks like Pantheon beat TXP to the 40p mark by a country mile!

It does appear predator have built a small gravel road in the past 6 months.

Updated broker views:

Canaccord £6.00

Berenberg £4.80

Fernan, they raised $8m in 2024 not $2m!!

Pareto,

You must really learn to read if you are going to try and call people out. I think you will find my last post on positioning was…

“ I invested because I was positive, but comms and continued disappointment have turned my outlook negative. I continue to hold a much smaller tranche and hope for the best. ”

F&M

Perhaps your headline is a little off. Profit drives valuation… Pred is loss making and has been since inception.

Do we have any revenue at all ? T&T??

Ianfer

I believe the following is correct:

2008

Number of Ordinary Shares in issue following Admission 141,173,471 * Market capitalisation at the Placing Price on Admission £183.5 million *

Davenewjob,

Problem is if PG sells at 2p he walks away with close to £1m + many years of salary, expenses etc. you walk away with a significant loss..

I am not suggesting he is replaced but held to account by the chairman/BOD - after all that is their job in a plc! problem is they are all his chums. Where are the checks and balances in place? People often like to say PRD is main market not AIM…..

I didn’t invest here for the prospect of 400-600 boe/d in T&T by the end of next year. Work out how much has been sunk in T&T and the constant workovers/treatments (acquisitions also?) that will be required. It’s the classic bait and switch, every time we get close to what should be results/decision time there is something else or an excuse. More and more talk of T&T - notice the co2 sequestration services (thought that was long behind us). I simply don’t buy all the excuses on Morocco and all accountability has gone (possibly with Lonnys departure). Release results and drill Mou5. Both should have happened a very long time ago.

Proactive round up on the performance of last years share tips:

As for Bango (down 49%), I’ll hand over to Andrew Hore, editor of the AIM Journal.

“Unexpected costs and delayed contracts knocked payment services provider Bango (BGO) at the beginning of the year and the share price – 191.38p when recommended – halved and never recovered.”

Andrew notes that Bango did move into the back in the second half of last year and a forecast pre-tax profit of around $5.5 million for this year would put the shares on 18 times earnings. “Several new contracts have been won this year and there is good potential for growth and hopefully that will show through this year.”

Totally agree Mumbo Jumbo. I also suspect they will be timed out by permit issues on MOU 5. Those that seem to have blind faith in PG really do need to stop following and start demanding answers.

Interesting to see what has happened at TXP over the past 24 hours as they are T&T focused.

Donal -

RNS 25.09.24 under Cory Moruga licence:

Developing the potential for net revenues from production will provide the Company with a safety net to finance overheads and for organic investment in future discretionary work programmes.

Madman Rob,

You could have written that note a year ago. It’s is all exactly as it was then. Waiting for gas to flow Mou3 et al. Looking forward to Mou5, T&T and Ireland. In reality almost nothing has changed in the past year. Still no gas flowing or oil but there has been a requirement for funding in the meantime oh and the share price is down almost 50%. Annus horribilis springs to mind.

Thanks Jimmy, very helpful $50m+ if achievable should provide a much needed boost here!

It’s now been nearly 9 months since the strategic review of the transitional power business was announced. What exactly has happened since then? It does feel like an update is very overdue.

Afriqua Gas - guess this expired with no update?

Rhwillcoll - they are the corporate brokers to Predator. He moved across from Fox Davies and took Pred with him.. It’s a marketing pitch written to soften the blow before the release of Mou3 update. IMHO

JH - Trinity had no debt (it was a tax/VAT refund trade off). They also had c $200m in usable tax losses and a very extensive acreage