I stand corrected ‘inflection point’ is more accurate :)
Hi Obadhia, I agree, PG has done a great job to get us this far, but the Co is growing, PG needs to relax his grip on his fiefdom and allow a small middle management structure to be carefully crafted to enhance the logistics/management of the Co.
After PG’s mea culpa/taking his eye off the ball, PRD are approaching a vital crossroads of testing, drilling MOU-5 and testing, everything needs to run like a Swiss watch.
It is remarkable 2 blokes in a small office have achieved so much, driving the Co forward through many hurdles inc Covid, but now would seem the correct time and prudent to add a couple of skilled logistics experts, leaving PG and Lonny more time to execute our corporate plan, on time and on budget.
MEM
Thanks Bowsled, my thanks also to Jimmy, BRV and Graham.
I believe Bowsled makes an extremely valid point and perhaps a great deal of lack of Comms (that I have complained about) is all about keeping a very very low profile.
Have a great weekend all
MEM
⭐ It is Leviathan 2
I seem to recall the size is approx 30 Tcf, May we assume GRH now thinks we will prove up 30 Tcf across our Morocco license (GRH forgive me if I have misinterpreted your comments😀) but your inference makes me think this.
Ryan remains.
DECC hopefully will now confirm our SA
Lonny if you are still reading this BB, can you post (X) an update on time lines re the SV 101 as they impact PRD’s drill program, once again it would appear plans are slipping.
Is it really too much to keep SH informed of changing plans - please ??
IRL DECC Acreage position report ending 31st March 2024 due soon. Our S.A. Update Promised by 31st March…..
If we are granted our S.A. In the next few weeks, that combined with some deal being hatched in the background (presumably Vermilion) should result in a swift rise in the SP, new ATH in both SP & M/Cap.
The cash received would mean we could ‘uncouple’ from the frequent Placing/SP suppression seesaw and just get on with a rapid twin track approach in Morocco and Trinidad, plus a possible special dividend to patient SH.
Rapid progress
Fingers crossed
MEM
Thanks Jimmy.
I hope everyone has a peaceful Easter weekend, whatever your Faith.
It’s a longtime since anyone mentioned the people of UKR and now Gaza and Israel.
I am still committed to allocating some of my PRD profits to various good causes, inc GRH favourite charity.
Keep the faith, keep family close.
MEM
THANKS PHIL, let’s see what occurs over the next 4 trading days prior to Good Friday.
Cheers
And 3 x 387,000 trades
Nm
In fact 9 business days to go, if the IRL are as good as their word.
Zero SP movement (sells 27,900 and buys 972,000)
I would have expected 0.5 to 0.75p upwards
And I repeat where does it say I called PG Names ???
Please repost actual messages stating I called PG a name - go on !!!!
Thought not
The Bold, here is a copy of the post you are referring to
‘ I would add that PG & Lonny really need take onboard the current disquiet amongst a growing number of SH re repeated raises purportedly to Test and then here we are almost 3 years since MOU - 1.
We need rapid progress in Morocco, tangible proof of Gas, Flow rates and let’s have follow up re details MOU - 2 entry or not/when.
Plus MOU-5
Full details re SJ testing inc follow up testing of 5.
Any further drills planned 6 or 7 (oil/condensates)
DETAILS AND TIMEFRAMES AND ACHIEVE YOUR OWN TARGETS“
No name calling, no anger, pretty much the same as Razorman stated to PG. Your claims are rubbish.
Now jog on son and take your carp
The Bold please find the post where you ‘claim’ I called the CEO all sorts of names, go on, find it !!!!!
Hi BRV,
Thanks, so if one takes PG’s possible figures we could end up with 7Tcf plus 637bcf x 5 = 3.2 Tcf plus 395m condensate
Total of 10.2 Tcf plus 400m condensate
Plus IRL & T&T
Plus 26 other targets, loads of near term news
Let’s allow PG & Lonny to move forward at pace.
Cheers
MEM
AEGOS a HUGE THANK YOU for your continued great contributions.
Thanks Sir, I hope you & your family are enjoying a peaceful Sunday
Keith, yet again I find myself mumbling under my breath THANK YOU Keith.
PG thinks 7Tcf in Jurassic, then we have MOU 1 to 4, plus 26 additional targets, plus oil & condensate’s.
If we sold/JV MOU-5 we would have oodles of cash to fast track some of the other 26 targets, even after a special dividend.
Then there is IRL and T&T
So thank you Keith, enjoy a peaceful Sunday.
MEM