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Hi SL, I think it is exactly why BOO will make an offer, their current issues and therefore weaknesses, will be strengthened by a REVB buy out.

I suspect BOO have shown their hand and cannot afford not to succeed.

All to play for as far as BOO are concerned.

In fact buying off the 2 largest SH prior to trading resuming would be an excellent gambit.

Cheers

MEM

First of all my thanks to the new CEO, his email to me me on Sunday suggested the next 2 weeks for an update. Under promise and over deliver.

Second, I suspect some of this shenanigans goes on a lot more than we realize, I am NOT condoning this appalling behavior, just stating my opinion.

Thirdly, Bob will kitchen sink it, then a clean slate to move forward.

Conclusion, the city hate the fog of ambiguity, that fog will now clear, transparency rules, new policies and protocols.

REVB will now continue building the brand, an excellent CEO at the helm, assisted by EL, a great team.

BOO will do what BOO plan to do. They hold all the cards, I suspect they will show their hand, probably in talks with our 2 biggest SH, who could be facing prosecution, better to sell your shares, hide the money before someone starts fining you large sums….. protect your family.

The SP will move higher, quickly, how can it not, I respectfully suggest there will be a mad scramble for shares, possibly BOO hovering up on the morning of trade resumption.

What would you do if you were BOO ?????

BUY and hold for a big re-rate.

If this deal follows normal O&G contract obligations, any oil production from Feb 25th 2022 (date of offer) is valued as a credit to Seplat. Please correct me if I am wrong.

95,000 bpd at $45 net pb is approaching $1.5 billion, which approx covers the cost of the deal, assuming this deal goes ahead and Obi is elected on Feb 25th, which happens to be the date of the election/anniversary of offer.

Interesting times, we should get some clarity after the dust settles

Hopefully next week if Bob is able to keep to keep to his proposed timetable, not long :)

Hi Keith.

An excellent answer, always happy to learn.

Thanks

Well we planned for it, what if the gas cloud is further over and therefore larger than first thought???

I am sure you are probably correct, but if there is zero chance, why plan for it ??

I can’t help thinking about the 1 in 10 chance of encountering the gas cloud and what it might mean to Gas in place figures, we should get an initial RNS next week.

I have been invested 4 years on the 18th, its been a long journey…..

Fingers crossed.

MEM

Thanks Knowles.

Given all those figures, a little bit of back of a F packet calculation would suggest (subject to the results of the investigation) we should see the SP move back towards 75p - 80p as a minimum.

Years high 129p, throw in a following wind with BOO’s obvious interest and we might see the SP recover towards 95p within 4-6 weeks of resumption of trading.

Hopefully news next week

Given the available IRS payments

Billions of USD for CC$ EOR

There are currently in excess of 130,000 gas and oil wells abandoned in the USA.

In addition there are tens of thousands of wells in fields long ago shutdown by landowners after the field became uneconomic, utilising the then best oil recovery techniques.

There are many of these old legacy fields just waiting to be reactivated, the trick is to find big old fields that are now close to large polluters/power plants & fertilser plants.

A quick bit of research shows me over 50 possible ventures.

Imagine a family long ago creating vast wealth through oil, the oil runs out and the family fortune is used to create other ventures. Three generations later the story of oil is just chatter around the dining room table of how grandpa made the family wealthy, the oil long thought of as fully extracted.

No exploration costs.

Please also utilise this for your research

https://pubs.acs.org/doi/10.1021/acs.est.2c03268#

The USA has recently increased CCS payments again, 45Q IRS approved system now offers up to $85 per ton of CO2 sequestered.

I would in time love to see PRD setup a satellite office in the USA and forge a JV with a large US oil Co, with huge legacy fields, approaching end of life, but with millions of barrels untapped oil just waiting for our technology/know how, near a heavy industry polluter.

T&T was always going to come good, things take much longer than we all appreciate, however real progress is taking shape, mostly behind the scenes, and yes the info is pointing to a large, growing substantial CCS EOR operation, yes in the initial stages of development, closely aligned to T&T Govt.

I suspect PG & Lonny might publish a very detailed RNS, detailing the way forward.

Remember there is approx 5 Billion barrels possibly recoverable through CCS EOR, sitting in older legacy fields, this is not a case of exploration, this is a case of submitting old fields to new technology.

5 billion barrels at $80 = $400 billion less Costs. Hopefully in time the T&T Govt will make payments or give tax breaks to encourage CCS EOR, they may have to, in order to meet the 2030 Paris accord.

If PRD can utilise first mover advantage (which should not be too difficult given the rights we have negotiated re exclusivity for CO2) then…..

A massive business/force multiplier effect, will see something very special grow, possibly to be spun off as a separate business/listing.

I can confirm that the Financial Investigation is nearing a conclusion and we are hopeful of being able to issue a Regulatory News Service announcement within the next two weeks.

Thank you for your support and please do not hesitate to contact me if you need any further clarification.

Regards

Bob Holt?
Chief Executive Officer
Revolution Beauty Group PLC, Kings Place, 90 York Way, London N1 9AG
Mobile: (+44) 07778 798816
Consumer Site: revolutionbeauty.com
Company Site: revolutionbeautyplc.com
Revolution supports flexibility. So, whilst it suits me to email you now, I do not expect a response outside of working hours.
image823571.jpg

Thanks, the very first CCS project through Occidental is calculated to be worth $6 Billion Pa when all 70 units are operational.

I hope everyone can see the force multiplier effect COPL acreage can generate.

CCS increases the RF, increases production, offsets your carbon production figures at the facility and once the oil field has produced its last drop, CCS can be used for many more years as a increasing volume storage unit.

You decide if you think COPL can find extra incremental value.

$6 billion earnings on top of any oil recovery/income, each year for 20, 30, maybe 40 years.

I suggested last week the CCS 45Q payments are worth more alone, than what a per barrel valuation in the ground is.

I trust this opens everyone’s eyes

I hope AM fully understands

JV - If it’s a tier 1 oil Co then that is a great first step, but the devil is in the detail…. We need to see all the detail, Cash, Free carry, and Timelines

If the cash sum is sizeable that would be fantastic, hugely depends on how much we have to give away

Then there is the oil :)

A good time to focus on the size of the prize.

1 BCF equates to 2p !!!

Look at all the evidence for our MOU fan structure, we are just concentrating on approx 50 sq km, and yet the license is over 6500 sq km.

What are the chances of say 20 more fan structures or less than 1/6th of the remaining area????

That is the real prize, a very good chance of a takeover, how friendly a takeover, not sure.

Stub equity? I hope so, some sort of negotiated T/O leading to a nice upfront payment and strict timeline for future development

I estimate initial drill result in the window of Jan 13th to18th, keep in mind 14th/15th is a weekend and 13th is a weekend in Arabic countries, so I would state most likely RNS date 16-18th Jan, assuming our Partner approves the release of data, initial wire line logs etc

Having said the above, I have been hopelessly optimistic before and got the dates wrong 95% of the time :)

Whatever happens I expect news soon (fingers crossed we drill into the possible 1,000ft column of gas)

Hi Munga, at 20p prior to TD, that would be a 100% uplift from here, very nice short term return, but I am here for the end game, the truly transformational value creation, when much much more will be known about our Moroccan assets and what that might mean not just for PRD SH, but Morocco’s long term future.

Massive share price appreciation vs short time frame= perfect storm.

All with gas and oil prices very buoyant. Do not forget about the oil.

PG called PRD OIL and gas for a reason, I think we can all see now that oil was always going to feature in the Co story.

MEM

Good day,

As a fairly large share holder of RB, I have 140,000 shares which were valued at £200,000 last year, currently suspended with a token value £28,000.

4 months since share suspension, new management appointed, which means presumably the previous management were not up to the job!!

I know you are going to tell me the usual….

Rules do not permit RB from disclosing any price sensitive news etc.

That is all well and good but 4 months suspension is outrageous.

I see other FTSE listed Co have already updated the market on Xmas trading.

So my respectful request is

1. Trading update

2. Update on Forensic investigation/Account's

3. Publish a target date to complete all investigations, because in 27 days we will be at 5 months suspension! How long will this go on???

4. A comment on BOO large share holding

Please forward this email to the newly appointed CEO.

Thank you