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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

Not necessarily

I think given the rumours of Early CNG production, plus GRH latest comments ( if anyone understands corporate activities it is GRH)

I for one think we should take these rumours seriously and expect an announcement soon.

No additional Placing, but yes to alternative Financing, therefore zero dilution.

MEM

I have added up the daily volume and it is 227m shares until COB last night.

There may well be more 100k flippers next week, but they will become far fewer.

Buys will now force the SP higher, then good news flow on testing will see us break new ATH M/Cap.

DYOR/DD

MEM

Profit taking, the real money will be made in the next 4 weeks.

I have a strong feeling my suggested ‘left field play’ will appear VERY SOON, everything accelerating into the next few weeks in Morocco.

Think of all those declared NDA’s with entities for ex UAE, I suspect everything lining up very nicely.

The breadcrumbs have been scattered by PG, follow the trail.

DYOR/DD its your money, buy or sell.

Agreed, the greater GIP we can prove up, the greater the interest and larger the Sale price.

Zero debt, we own 75% and control our destiny.

Nm

Good news on all fronts especially testing should be completed in September.

Given the delay in IRL re the report, maybe Vermilion have persuaded DECC to add Corrib South as an asset and this necessitated a re write of report, it would get the Minister out of the guano with a very good fix. 🤞🤞

Obviously a huge amount going on in the background, hopefully the SP will fight its way north as the flippers slowly reduce and testing progresses.

T&T will be massive.

Well done Team PRD, we have visibility on our various strands of the business.

Fascinating

This normally happens with either a shortage of stock or too many investors buying stock meaning IG are too exposed, I would suggest this also indicates we are close to the end of the churn (currently over 94% of PRD IG customers are long)

Interestingly another SB Co Spreadex have also moved PRD to closing only a couple of days earlier.

I think it might get very interesting and we will re-visit the previous ATH/Market Cap (adjusted for the new shares) in the next 3-4 weeks.

DYOR/DD and buy or not, it’s your money to invest.

MEM

There must be news building up ready to be released next week inc T&T 31st August (Thursday)

I’ve said it many times - Patience is the key as Timelines drift for many reasons outside of PG’s control.

Good day Keith, you have started to reveal the significance of the Jurassic in our Guercif license, I hope people can really start to focus of my claim of 2 over years that our license holds at least 19Tcf.

19Tcf is the minimum figure, the upper figure would blow peoples minds, a certain ROB points to the geopolitical ramifications of a massive gigantic gas field and he is correct.

Let me add I think everyone is underplaying the significance of the likely oil in place across the license, even if we only ascribed $3 pb in the ground, we need to add an additional multi billion $ value that can be achieved through a Stub equity sale.

Patience is all that is required to let this play out and watch the SP multiply again and again.

Will we get an RNS to announce Testing has begun, probably not.

Do I think we will re-enter MOU - 4 to extend our knowledge by drilling towards MOU - 5 YES !! Prior to testing….

Therefore Drill news could come in the next couple of weeks, followed by testing news.

Imagine MOU - 4 OFFSET drill RNS declaring 200m, maybe 300m+ gross gas, across 126 sq Km.

That will finally make the market join the dots!!!

Thank you Keith.

Most SH need to finally realise just what the upper case is and just exactly what they are invested in.

Forget the cryptic messages, think big and double your expectations of GIP and especially OIP.

GL

MEM

And very likely more than 1 structure, probably 4 or 5 across the license

There are 5 or 6 really good posters on this BB, and an awful lot of FUD.

I am signing off until we get an update.

As the politicians would say ‘I approve this message, god bless this BB’

I’ll be back