Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Hi Zebra,
I noticed you completely sidetracked my question (see what I did there !!)
So I will repeat my question
Please let’s have your thoughts on the plan going forward in the unlikely event SJ does not achieve its objective ??? Ah yes, I thought so
From your statement, you are assuming a 100% success rate for the SJ, how naive
Follow the sheep.
I am not and never have traded this share, but I am still here, but far more aware of the risks, and now ask far more questions, if that challenges the status quo, so be it.
How many times have PRD raised money to test ??
How long since MOU - 1 drilled ??
Go back to your flock of sheep, baa baa
James, it’s not just the cost of any possible side track, it will be the timescale, rig availability, possibly tied into MOU - 5 drill. Longer Timeframe = more money
Bottom line, what we actually require is multiple good news RNS, then the SP will react positively
Zebra I am raising a very valid point by deduction and reason, not got my head in the sand!!
Please let’s have your thoughts on the plan going forward in the unlikely event SJ does not achieve its objective ???
Think it through and my suggestion of a side track with the knowledge we now possess is a sound idea. Should we require a backup plan.
You are an idiot if you think for one minute PG & Lonny don’t have a backup plan just incase, prudent management always have a what if scenario
I AM NOT SUGGESTING SJ WILL FAIL, I am saying a prudent investor must consider all the facts, as history has taught us countless times, the earth does not give up her resources easily.
How many times have we SH thought, almost there, and here we are 5 years later, waiting for 1 more test…..
Now go and stick your head in the sand or better yet, do some research into % of success of SJ technology, it is NOT 100%
Worst case scenario with what they know, correct type of mud, worst case scenario perhaps a side track will get around any issues with SJ.
Let’s wait and see
Anyone got a huge ad about Oz, how does one remove this please ? this website has become unusable
Nige, yes correct and with a small placing, we will have sufficient funds to prove up a large initial TCF - with much much more to prove up across the license, inc the other 8 targets PG has already mentioned. Any pending deal, if we reach a balanced HOT’s, with both parties happy, should add hugely to our M/Cap.
Then we should have imminent news re our SA re Corrib South and Rams Head (maybe PG has been ‘informed’ which direction the decision has already been decided, imagine the RNS on the day of the presentation)
Operational update re Drilling MOU - 5 and SJ Testing. (Perhaps MOU-6 yet to announce, oil and condensates)
I feel it’s all to play for, we are approaching the culmination of years of work.
Lots of positive news flow.
MEM
I have a ticket, my desire is to talk to PG and Lonny after the event, listen very carefully to the plans going forward re all parts of the business.
This maybe a presentation in readiness for a further Placing, it will be accretive
See you there
MEM
The comments made re the gas companieS demanding a delay to road construction proves PRD are very much in the driving seat and in deep agreement with the ONHYM.
MEM
Keith, you are a Wizard!! Perhaps the Wizard of Oz😎
Thank you for your continued hard work and notable research
MEM
Typo BUY or not !!!
For those serious investors there is a huge body of research on this very BB, I respectfully suggest those who wish to potentially make life changing amounts of money…… research, print off all the vast amounts of evidence, creating a very large binder. Sum up all the evidence.
On finalisation of one’s own DD, but or not, your choice.
Do take note of the almost 20m shares bought this week, some very very large trades.
DYOR, stand by your decisions.
Once the sandjet results are public knowledge plus MOU - 5 drill results, things should become much clearer, and don’t take your eye off out IRL assets.
GL
Accumulation under the radar, a bargain.
GRH, I am appalled, pls check your private email
MEM
Watch for large buys after market closes…..
Absolutely agreed rhwill
Someone is buying, ask yourself why ???? Smart money, long view (6 months)
Nm
We have all seen on multiple occasions PG having to move the goal posts for numerous reasons.
What if there is a mighty scrabble/pressure (pardon the pun) to get drilling both MOU-2 and MOU - 5 ahead of the current expected timeframe.
I can see many RNS being published, initial test results, of various wells, proof of communication, drilling of MOU -2 & 5.
For once I agree with my northern friend HPB, a tsunami of positive RNS’s.
It could all kick off next week.
MEM
HPB, one could think you are trying to influence the price with your ‘suggestions’
🤣🤣🤣
I suspect a number of items going on here.
ITR very conservative
Jurassic pressures possibly much higher - leading to larger volumes
PG being extra cautious publishing too much detail incase of a hostile bid
PG knows far more than we mere mortals
Let’s see what the first drill reveals, but we might require 2 additional drills to fully expose the potential.
MEM