Member Info for middleEastMoney

Actually AV I lost a very large sum of money, the 2 people running MSMN were complete sharks, I was taken in by their utter tripe.

Anyone investing in any share should always due their own DD.

As for you AV, if you read what I have written, the words, possibly, probably etc are there for all to see, you have chosen to pluck a few thoughts out your ‘head’ to try and discredit me.

Yet I do not see one solitary FACT from you to say I am wrong.

So for the record, anyone reading this, please go back and re-read all my posts and try and find any single fact where I have stated with absolute certainty THAT WE DEFINITELY HAVE X AMOUNT OF GAS, OIL OR ANYTHING.

MAYBE, POSSIBLY, PROBABLY

DYOR, DD and then you the investor decide.

AV please go and crawl back under the rock from which you came.

My guess, start building a spectral analysis map of the entire area, we have at least 8 other target area’s.

Once we have amassed a great deal of data on the MOU area, we can look for similar spectral traits and put together a case and open a data room, justifying our Sale case with real world data.

Combine this with NuTech and SJ plus all the data we will gain from our current planned works, I hope we can demonstrate credibility to prospective purchasers of our total Gas/Oil/Condensate/Helium riches.

Sale of entire License to a hugely deep pocketed Major, but keeping Stub equity.

Our M/Cap should be in the Billions (USD)

Keeping T&T plus IRL within PRD

Time wise 6 maybe 9 months…..

MEM

AV after all the total rubbish you spout, really you are a complete xxxx

Blocked

Because so far unproved, as soon as our test results start to be published via RNS the market will start to align fair value, as each piece of the jigsaw is put in place the SP will start takeoff in a very NON linear way.

People/Market will join the dots and start to see the very real potential, truly gigantic gas fields, oil/condensate, helium and it will become a feeding frenzy, throw in a growing knowledge of our other 8 target area’s, a possible bid or two and hey presto, doors blown off……

MEM

PRD, I’m expecting to see one or more large trades after COB today and tomorrow, I think there will be a seismic shift after the last 2 RNS’s

6 Tcf I hear you say !

Let us see where we are after MOU-3 (plus 1 and 4) not forgetting 2 and we have far more transparency on flows, porosity, pressures and inter-connection, then we drill MOU-5 and test.

After that I suspect we will actually be talking in figures of double digits.

Add in the other 8 target area’s across Morocco, then add in possible Oil/Condensate oh and helium.

Operational update from T&T and IRL news soon after everyone returns to work after the summer ‘shut down’

As Cube has already stated, buy early, buy cheap, buy loads (after your own DD)

If you go back almost 3 years I stated it was my belief we would find 19Tcf across our Morocco licence, then I increased that figure to 30 Tcf, many many people thought I was mad……… not looking far fetched now

MEM

I strongly suggest GRH was being too conservative

£15 total return =£8.8 billion m/cap

I think it will be more.

Some people need to get their abacus out and recalculate whatever figures you are using to work out a potential future SP/special dividend

Staggering…..

Remember the Co is utilising a very conservative 12%

Staggering

The company keep stating it….

‘with multiple fully financed upcoming catalysts.’

I suspect a deal has been agreed with AfricaGaz, meaning no further cash raises.

Today the 8th of August 2024 might be the date we look back on as the date when everything changed……

Remember the 5.916 TCF is only for MOU-5, highly conservative.

We need a bigger pipeline🤣🤣

As I stated yesterday, here are the bits and bobs of what I thought was missing from yesterday’s RNS

Getting closer to my 19Tcf figure, remember fields generally get bigger and bigger over time. Wait and see.

Plus Helium, now that would be the icing on the massive cake!!!

Spectral analysis, whose sticky fingers can we see in this decision???

MEM

Vtlone please re-read my second paragraph. I state the same view !!!

MEM

So we have the First extension period granted, yet no news on MOU-5.

We still require statutory approvals from the Ministry of Energy, so a further wait for yet another rubber stamp.

With the greatest of respect to the Kingdom, perhaps there could be an expedited /fast track system where only one Master approval is required, clearly between PG taking his eye off the ball and the slow system for approvals plus Customs delays, this is costing money to any Co caught up in this current system.

Morocco might have made great strides to improve the business climate, maybe a work in progress….

PG & Lonny must be very frustrated at times.

E.R. Seems to excel at backing himself and his party in to a corner. Feck feck feck!

Looking good for PRD’s asset(s) in IRL, I am expecting an announcement in September, after the summer break and IRL gets back to work.

As always, the projects will all come good (inc IRL) the only thing none of us can pin down is the TIME ELEMENT.

But if you took a 4 month view, ie just prior to xmas, I strongly believe we will have full transparency on Morocco testing, GSA, possibly a much larger GSA than some on here would have you believe, plus MOU -5 drill and testing.

We should have a detailed operational update on T&T

A decision re IRL and our partner

and CASH in the bank from forward gas sales.

I expect more drilling around T-Rex and another GSA or outright sale of MOU-5 assets.

After owning a sizable SH for 5 years, I am more than happy to await each piece of news to be released over the next 1 week, up to 4 months, a very short timescale.

What a Xmas it could be !!

Patience for various RNS publications, not long now.

MEM

Hi Fordy, I shall contribute.

Apologies for off topic.

MEM

As we approach the 8 week point (Thursday) since our last operational update, it is worth focusing on the London SE Disclosure Rules.

Core obligation is set out in DTR 2.21

As we have had zero communication, ie no huge testing failures, I am starting to lean towards, no news is good news and we can expect a massive shock and awe bumper RNS AFTER all testing is complete inc discussion with our Partner.

A detailed GSA might be included in the same RNS or published at a later date.

Remember and focus on 1 Bcf = approx $10m USD, I respectfully suggest anyone who has not ‘done the math’ quietly sit down with a calculator and start running some what if’s.

Not long now (probably less than 3-4 weeks)

IRL and T&T news due.

DYOR/DD.

MEM

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Like it or not, the ONLY IMPORTANT PUBLICATION IS AN RNS.

The official news from the company, nothing else matters.

This Thursday is August 1st, 8 weeks since the last operational update where it was stated very clearly that whilst some equipment had arrived, the company were still waiting for other equipment.

It went on to state testing of MOU 3 would take at least 5 weeks.

Subject to the results they might test MOU 1 and 4, this will take further time (estimate not given on the timescale for this further testing)

Results will need to be studied, flow rates, porosity, GIP all calculated - this info might affect plans on MOU - 5, then our Partners need to be consulted.

Anyone thinking we will get results after 5 weeks needs to think this through.

I am ignoring the repeated rubbish, in awe of the sensible posters repeatedly trying to explain to the obvious detractors trying to undermine the Co efforts.

THE ONLY THING THAT MATTERS IS AN RNS.

At that stage, not only will we get real news from the Kingdom but hopefully an update on T&T and then IRL news can come at anytime, a true wild card.

RNS RNS RNS RNS RNS RNS RNS RNS RNS RNS

Just the facts Ma’am, just the facts.

Morning Keith, thanks for the reassurance re Thin sands, there might be multiple thin sands but they might cover many many 10’s of sq km.

Then there are the thicker sands.

I am very content to wait for PG and Lonny to produce a GIP figure plus GSA.

In addition it is possible some results might go via NuTech before final confirmation of GIP/flow rates, esp MOU - 1 with very thin layers of gas.

I still think possibly 2-4 more weeks to wait🤞🤞😎

MEM