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My Trading strategy??? You really think my posts influence the SP ?? Gosh you are naïve !!
At times I have become less than impressed with PG’s Comms, it has been appalling at times oh and the last Placing, sold down by those in the know, shocking comms.
Anyone having a go at me for venting my frustration, plenty of others have questioned the games played. GRH was hopping mad re the last Placing, so run along and complain to someone else.
As for my ‘agenda’ ridiculous suggestion. The price day to day in influenced by MM, volume Buys vs Sells and inevitable manipulation by MM/sentiment not little old me.
Stupid claims you make
MEM
Anyone want to have a go, please step forward
Bob you are so childish, I post something of relevance. Your response is that of a 6 year old.
You NEVER post anything of any significance, just do your usual thing and make snide remarks from the sidelines.
How about you post your assessment of PRD, all things Morocco, likely income, or future values, or anything of real substance, not the price of cucumbers !!!
Thought not, you clearly have a low intellect and behave like a bully.
Do grow up or stick to what you know best …… VEGETABLES
MEM
I have a feeling there is a very good chance whilst testing is underway we will also announce drilling of MOU - 5 and add the testing of 5 after a successful drill into the deeper Jurassic prospect (assuming long lead items arrive)
That would end the year on a very buoyant note.
TEST, DRILL, TEST, CPR.
Suitors lined up around the Souk :)
MEM
Before HB says something, I’m back under my rock
I have broad shoulders Mrnjax, not sure who writes the bile spiteful comments you spout.
I have reported your post.
Over the years I have been praised for some of my posts, all you do is add insults.
Am I critical of PG at times, yes and with good reason.
Do I think PRD will succeed ? YES the 2 positions are not mutually exclusive.
Some on here need to wake up and not accept the at times shocking comms.
Final word, do not forget the oil on our Morocco license, oil is heading back to $100, there is oil, probably a few billion barrels, it’s not all about the gas, massive value in the oil at $3 pb in the ground, and yes there is a refinery in Morocco, yes the Government would love to see it re-opened!!
This is my final communication ever on the PRD board, no I’m not going to Twitter or start posting again!!
Good luck.
I am wholeheartedly pro the prospects of PRD, however I think at times PG treats the loyal SH rather poorly.
If you had been here as long as the real LTH you would know my feelings, timelines slip many many times, not a word from PG.
Prospects are fantastic, could Comms be better? ABSOLUTELY
That has been my position for quite a while, long before a Johnny come lately like you appeared, who snipes from the sidelines, but never adds anything of substance.
MEM
Mrnmj- it obviously does matter when I posted it. Only an idiot would say it does not matter.
CONTEXT and TIME STATED MATTER VERY MUCH
SANDY if you do not add a date, no context, you made it look like i posted that message this morning, deliberately misleading
Reported
SANDY please do not quote me unless you add a date of my post, and state its a quote from me.
Patience is key, however I am running low on patience as the SH are never updated on slippages .
MEM
Probably held up in Customs for a few days due all the Aid arriving after the earth quake.
Sadly as usual PG does not keep the SH updated, left wondering.
He raised £10m shame he cannot spend £250 on an RNS
Next will be an RNS re equipment has arrived, testing imminent.
15p then 20p
Excellent
MEM
TBH the biggest problem is finding enough Pilots, I have been in aviation training for 30+ years, I have never seen a pilot shortage like this. Wizz require 6,000 pilots over the next 6 years to match new aircraft deliveries. Plus approx 2,000 more, to replace pilots retiring and leaving for better jobs.
8000 pilots, nearly all will require a Type rating course, the training program is immense utilizing outside ATO’s (Training Co) each new crew (2 pilots) require 18 sim sessions = 72,000 sim sessions over 6 years.
Shortage of Training Captains, sim slots and Pilot shortage to recruit new hires.
You will see WIZZ have to increase the Pay & Conditions by a substantial amount to attract Pilots.
Note a self financed pilot will spend £100k to obtain the lowest qualification (CPL/IR) prior to joining an airline, there are not enough pilots able to invest £100k, hence Pilot shortage.
WIZZ profits will take a hit, they have their head in the sand.
Pred fan to be fair, not much to say that has not already been said.
We await confirmation of equipment arriving from France, then testing should begin.
The real news will be TEST RESULTS!!
Patience is key.
MEM
Nm
Marked down a penny - typical
1.8Tcf….. for those of a slightly nervous disposition look away now!!!
What if GRH, Methodologies prognosis of a massive gigantic field is proven and we have much much more gas?
What then for KeithOz valuations????
Yup, a sobering yet exciting prospect.
When the MOU - 1 test results are released in just a few weeks, people who are watching and waiting will plunge in, buying ahead of MOU 3 & 4 testing.
Everything we have waited 4+ years will come together in a rush of good news.
MEM
Plus sympathy to people effected etc.
I wish to add my condolences to anyone suffering in that beautiful country.
MEM
The last part of the report, and I quote ‘Therefore, natural gas, particularly liquefied natural gas (LNG), presents a compelling alternative. Rather than having the wind propel offshore wind, gas producers are now looking forward to a promising future.’
Think Morocco and IRL, where we await Mr Ryan’s very delayed report.
GAS GAS GAS in our Morocco license will bring about transformational wealth across generations for shareholders
MEM
Average volume 7.9m
Everything is lining up to be a truly excellent month.
Follow the RNS’s and the MONEY
R.O.B, Keith, BRV etc and a few others have laid out all the info and clue’s as to the very likely outcome.
R.O.B has stated this could be one of the largest Gas discoveries in the last decade, truly enormous for a Co with a current M/Cap of £68m, which is tiny compared to what is likely to be found.
All you have to do is have a little patience, testing throughout September - wait for the results of MOU - 1, 3 & 4 and BANG !
If you wait for the expected results you will be paying 30p+ maybe 50p+ depending on just how much gas we have.
Do not be surprised if there is a deal announced prior to the testing results being published, pushing the SP up, before publication of the test results.
More news re further drilling after EIA approval, and maybe a re-enter of MOU -2 might occur.
In short, a number of catalysts to move the SP much much higher.
DYOR/DD
MEM
Thank you Keith for the enormous body of work you have produced, but especially this mornings post. Brilliant.
MEM
The SP will continue to recover this week, testing 35p-40p very soon, remember the SP was 130p before the Shorts took control.
Approx 5m shares are shorted and will have to be bought back at some stage.
After months of negativity the SP is back in a positive upward direction as good news is absorbed.
I am a buyer all the way up to 45p.
DYOR/DD
GLA