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One article about PRD, laying out our story and the implications and bang !!!

Have a good weekend

MEM

Perhaps having listened many times, it could be one day, not Monday - TBH I am not sure !

My guess is further info from NuTech, promised today, late US time, available to the market on Monday.

Jimmy can I also remind people that CPR’s by their very nature are very conservative - no Co wants to face litigation for over egging the possible figures, contingents figures will probably be improved by 20% as the project moves forward.

MEM

Take the CNG figures and add a G2P income, yes at a lower price per BCF, but much larger demand/volume.

PG has a tiger by the tail, the market will waken to the opportunities we have.

Stunning

MEM

Discipline, I suspect upward pressure on the SP from the pending CPR, Prospectus, perhaps more info trickling through from NuTech, plus the area’s you highlighted.

Any slight retrace in the price will be bought into.

The cat is well and truly out of the bag

MEM

Look at my past posts, I forecast 19 Tcf over a year ago.

Hi BRV, my info is at least 3 look a like mega structures, possibly more. Plus quite a few lesser targets, yet at $3m a pop to drill, hugely profitable.

My 19 Tcf figure is now likely to be surpassed, after testing, by how much, we will see.

I am still buying.

Cheers

MEM

The Guercif superbasin continues to spill her secrets thanks to the exceptional efforts of @PredatorOilGas and @lonny1971

NuTech: 64m gas sands MOU4

#prd

_CUBE_

SUPER-BASIN - I like the sound of that

Good liquidity, closed up 4p.

Another part of the jigsaw revealed.

Testing, CPR and Prospectus will each be a stimulus to move the SP higher.

MEM

Or the oil 🤞

Hi Jimmy, thanks, we should know soon enough 😎

Last year many people thought I was mad for suggesting 19 Tcf, however I might soon have to admit I was wrong….

It might be larger😎than 19 Tcf

Imagine that

MEM

Covered in detail in previous posts

I think we all need to at least just start to think that as we move out from MOU4 the Jurassic carbonate seam will thicken (up dip) more and more, towards the pre drill 200m estimate.

However also realize that every seam thickness target has been exceeded, the target area’s in sq km has grown, plus the gas layered sands are thicker.

Interconnected, thicker, more sq km - this is going to be a massive massive gas field.

Now smile, then your smile should grow wider, because you have forgotten about the oil.

The projected vast OIP has a value, how much ? Maybe $3 pb in the ground.

Oil prices are firming, northern hemisphere winter will kick off in 3 months, UKR still in a protracted war, Russia has few friends.

Morocco will be able to supply our gas for decades in to a very receptive EU/UK

Imagine what this is worth to a multi national oil & gas Co.

It is not £60m m/cap

Huge prize to play for.

MEM

I would rather people think in terms of M/Cap as we do not know how many shares can be used in any calculation.

Make no mistake the company is worth a great deal more than £60m M/Cap !!

MEM

SF13 - see my past posts, I put something out 2 weeks ago, as the valuation is non linear.

Catterham is spot on when he recognizes that our asset is world class, of huge global significance.

This is not just about the KOM, but the world energy stage.

Onshore, very low CAPEX, very low Tax, low CO2 content.

If Heineken did gas fields, this is it.

Do not sell too early, the real story is just unfolding, large corporate vultures are waiting and watching.

MEM

I standby my initial comments of 19 Tcf, across our entire license, which I stated over a year ago on this BB for all to see.

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

Remember this just one of the targets PG and Lonny have highlighted, but they have also gone on record and stated they have multiple similar targets across our license area.

It is very likely my 19 Tcf initial estimate proves rather conservative :)

As I write this the SP is up 48%, yet the journey has just begun.

Remember my 19 Tcf estimate

MEM

I suspect is feverishly calculating a possible GIP figure but has clearly run out of zero’s

Huge numbers very likely

MEM

Highland, will we not also need some feedback from NuTech to finalise our testing area’s of focus.

This all takes time to put together a proactive testing schedule to maximise the possible outcome.

Perhaps PG & Lonny might consider a presentation to update SH ???

MEM