Member Info for middleEastMoney

Keith, may I enquire of your opinion re MOU-2 will be re visit and drill through the mud slide/seal to discover its secrets????

Thanks

MEM

Keith, sorry pal, one last question.

My latest thinking is we could very well re visit MOU -2 and drill with new /correct weighted mud AFTER MOU-5.

What are your thoughts please re 2 - thanks

Why ? I suspect MOU-2 can tell us so much more, provide a increased understanding of the structure, the seal, once through the seal it will reveal a huge amount of data, especially the possibility of a very thick gross/net pay (clarification of that 1,000 gas cloud)

PRD on the cusp of providing numerous very hopefully positive updates on part (7%) of our Moroccan license.

Plus T&T ops update soon, plus IRL

Magnificent news Rich period

MEM

Hi Keith,

Using this info from the ITR

ITR 24th January 2024:

🦖 p.29. "A more optimistic 50m pay interval is used to generate an upside high-case", and 177km² prospect area.

if PG now used a cutoff of 30m pay interval, would the overall prospect area increase to say 200km sq ?

I realize thinner means less gas, but over a larger area = about the same amount or more

But given the areas thickness is not uniform, large areas of thicker pay can coexist within this prospect area.

We know just 1m of pay can be high pressure over huge areas and produce at good volumes.

After the HSSI I am expecting a new ‘blended’ upside case

MEM

Just thought, maybe this move is more about pushing the price up just incase we get a Bid to buy the Co….

The Co will therefore purchase approximately 700,000 shares, I think this will easily drive the price back towards 650-700p

Excellent move by the BOD

PG & Lonny the saviours of the Moroccan people.

A book will written about this entire prospecting period, the full story of PG’s endeavours with Lonny being brought in for the final chapter.

Then the film rights being taken up and PG being awarded the Grand Collar of WISSAM- AL MOHAMMADI in recognition of his supreme efforts to help the Moroccan people and Kingdom.

If GRH/ROB is correct (and I agree with his prognosis of a mega field) and we own (75%) of the gas/probable oil/condensate, then next 2-4 months will be life changing.

MEM

Massively oversold. Less than £900k more sold than bought, for a Co with a M/Cap of £70m, yet down almost 30%

The business model is a very sound platform, great IP.

An superb Buy out opportunity for a USA Co with a strong USD, we look super cheap.

Maybe we plan to drill deeper than SV 101 is able to drill ??

Over £72m off the M/Cap seems rather an over reaction!!

Typical short term knee jerk reaction

Would show added confidence

Ibiza please note not £1 per share ! Read my post again

As Jack Reacher would say ‘details matter’

MEM

If you wish to keep things simple….

Please use $1 billion for each Tcf up to 4 Tcf

Then utilise my non linear valuation after 4 Tcf

Easy

If people wish to have a look at my post that day, you will clearly see I said and I quote

“ I now think 4-6 Tcf is very likely, just in the area of drilling and testing, small against our total license area of 7,600 sq km”

For those doubters out there, I would say that is a pretty good ‘Guess’

For the avoidance of doubt, that was no guess :)

I do standby my prognosis of initially 19Tcf, which I then upgraded towards 30 Tcf

Whilst I must admit to being far too optimistic in timing, but value creation will be seen by many.

As always please DYOR/DD and only invest what you can afford to loose.

I would also refer you to an earlier post about Non Linear valuations, that will almost certainly come true, in time.

MEM

289m is just under the height of the Shard, which is 310m/1,016ft

189 sq km, it’s probably going to get much larger as we progress testing.

Yup we will probably need a bigger pipeline🤣

Bold, you are really confusing your ‘facts’ with the TRUTH. At no time have I ever claimed 50-60 Tcf or a share price of £25 and you are confusing me with another poster re Amazon.

Confused, idiotic and full of hot air.

I challenge you to find the posts in which I stated the claimed facts as quoted by you

GO ON FIND THEM

Still waiting for you to answer MMR

Go on, have a go.

Thought not, you have nothing of ANY substance to add to balanced, reasoned discussion.

Just more bile and utter tosh.

While I have the Bold unfiltered, the answer is YES, please wind your neck in !

The vast majority would prefer that

Had it possibly occurred to you I might UNFILTER once per day, to see what nonsense is being posted.

So I shall ask again, please reply to MMRob’s questions, let’s see if there is any depth of knowledge in your small pea like………

We are waiting

AV, please respond to MadmanRob’s very pertinent questions

Ditto The Bold