Member Info for MrMarketMaker

Woodbourne oil field with a production rate of 760bopd. Mobil Oil Co. acquired General Crude in 1979 and commenced the drilling of five deep test wells with no commercial success. The government of Barbados formed the Barbados National Oil Company Limited (BNOCL) in 1982 which continued to develop the Woodbourne field and surrounding areas. There are about 240 Oil and associated gas wells onshore Barbados of which 80 to 100 produce at any one time. These wells are located in the Woodbourne Development Area (WDA) and range in depth from 2000 to 6000 feet. Production is mainly from the Scotland Sand Formation.

https://www.energy.gov.bb/web/history-of-hydrocarbon-production-in-barbados

The bod all bought / had salaries exchanged at 3p in that .

No brainer buying from Turner Pope. When Peel Hunt comes off the offer this will start moving up fast

Been telling you lot about Barbados and now Malcy mentions it right out of the blue (lol)

Join the dots ...,

Quack quack

Mugs

I’m following those that know !!!!

"I am delighted by the strong support we have received from both existing and new institutional shareholders in the placing. We believe that the rare earth business is poised for significant growth and that the Gakara Project can play an important part in this. With the simple minerology of the deposit and the high-grade nature of the mineralised veins encountered to date we believe that the business can be developed to a commercial scale and look forward to announcing our maiden resource update which will form an important element in delivering that goal."

Poor effort - you forgot to mention recent placing at a premium

Buy these dips chaps !!!!

Lol

Bounced off bottom trend line - now comes a new higher high

That’s because this share is well and truly under the radar and that’s exactly how I like it before transformational news arrives .

ATB

I suggest you read the prospectus about how we get authorisation for Ireland .

iWorks concentrate on our huge % of the acreage that we own :) .

We are going it alone for Morocco and as Paul said , Trinidad will pay for itself over time .

I hear what you are saying though , Paul needs to come up with creative funding , if we strike at Morocco then we will have a list of companies willing to farm in on excellent terms .

Exciting times

You can’t pull the wool over Paul’s eyes , he is a very smart cookie who has vast experience in Ireland and Morocco. He has done it all there before at government level and he is proved to be very capable of getting deals done / authorisations granted .
The governments know they can trust him because of his track record, so only a fool would bet against him for doing the same for our projects.

I’ll still be here fully invested when this is is in poundS. Of course there is risk but without risks there are no rewards and the risk vs reward ratio is awfully good, perhaps this is why the bod have such a larger holding between them :) .

Buy / hold and forget about them is the o my way to play this. How many fools sold Dana is the pennies only to watch it increase to £19/£20 . Don’t be one of those people who regretted selling for the rest of their lives .

Make the most out of this chaps - I’m
Certainly going to , if you don’t believe me just come back in 1 year , 2 years and you will still see me posting on here everyday (lol).

Enjoy the weekend , just going in the pool on my lilo to sunbathe .

ATB and GLA

Won’t let you buy cheap - still 3.9p but trying to collect shares for peanuts from
any clueless lemmings who are panic selling right into their hands .

Buy red days

Nearly at the bottom of our trend line . We have bounced off it numerous times before .
It’s a buy

Should read :-

A golden cross breakout is a very bullish move and the only thing that is stronger is a 1 year breakout (3.95p) and a all time high breakout (24p)

Last paragraph should read

Once we have our golden cross breakout it will take us nearer to our 1 year high breakout which is at 7.15p and then the next target will be 13p ish which would be the strongest breakout of all being the all time high breakout .

Very bullish

We are clearly in a rock solid uptrend with the bottom trend line being at 3.70p and that’s rising each day even when we are consolidating .

I’m a long term investor who’s holding until all our assets are drilled and that’s the reason why I haven’t done a T/A post for such a long time but considering we are in a uptrend and someone asked me to do my T/A on another share I’m in , I thought I may as well have a look at PRD and do one here as well as it might help someone out or be interesting to others .

1 month daily. T line is clearly acting as support and we have bounced off of it twice recently. Macd is quite high still at 67 and the macd is positive. Very bullish that we closed above 4p which will soon . become new support (old resistance becomes new support) . Yesterday’s move could be the start of a new up wave which takes us into a new higher trading range by the looks of it.

6 month daily . This is where it starts getting interesting ... the 50 ema is sat on 3.22p and the 100 ema is on 3.395p and the bands narrowed a lot since the fall from 5.5p . It would seem that we will have a golden cross breakout in the near term
Which is a very powerful upwards move.

I only have ema not DMA but it’s not a lot different. Although it’s best to use DMA if you have it .

6 month weekly. What a fantastic looking chart this is , it doesn’t get any better than this little beauty. Macd is nice and positive and the rsi is on a really nice level being just below 50.The upcoming new move that started yesterday that I just spoke about will take us above the 50 ema which is on 4.167p and that will be very bullish showing that we are progressing strongly. Also as this happens the 50 emails will start moving upwards to cross the 100 ema (golden cross).

1 year monthly. Macd bars are narrowing and should turn positive very soon. Last 4 months have been white candles and I expect this months candle to get a lot bigger as time moves on.

Once we have our golden cross breakout it will take us nearer to the strongest breakout which is the 1 year all time high breakout which for us is at 7.15p and then the target will be 13p ish

All imho so please dyor

ATB

We have fallen below the t line but I wouldn’t worry because we have a new floor at 3p (last placing price) although we are below that slightly at the moment because of the flipper broker .

On 1 month daily the macd has turned negative and the rsi is cooling down a bit and is still on 67 .Still bobbing along inside our current trading range between 2.8p and 3p.

Now 6 month daily chart . As I said before I’ve only got EMA not DMA but the 50 ema is on 2.68p and the 100 ema is on 2.677 so we are on the verge of a golden cross breakout (you couldn’t get any closer although it’s the DMA that we should take. It’s of - it won’t be a lot different).

A golden cross breakout is a very bullish move and the only thing that is stronger is a 1 year breakout (3.95p) and that should come on Jorc news but more about that at a later time.

6 month weekly chart. Can clearly see we are still in that triangle pattern with the top being 3p. Again it looks like we are on the verge of breaking out of it at anytime. We are above the t line and above the 50 ema which could be acting as our new support at 2.885p . The 100 ema is at 3.066p so the bands very narrow still and the macd is positive with the rsi sat a really nice level being 50.17.

1 year monthly looks very nice indeed. Tiny consolidation from the rise from 1.5p - 2.9p ish Sitting above the 100 and just waiting for the 50 ema to cross the 100 ema. The macd is about to turn positive and I would think a big move is coming which will take us above 4.5p

You often retest old highs and in June /July 2019 the high was just under 9p so that would be the target once we break through 4p (old resistance becomes new support)

The good times are coming real soon - we might need the Jorc for the catalyst or it might come sooner if we get strong buying pressure

All imho so please DYOR

Hope this helps

ATB

Will do it tonight or tomorrow mate

ATB

Can you ask Paul if he is going to answer our questions that we sent him . He said send questions and he will answer them and put them on the website after the AGM but we have heard nada , zilch , nothing ?!

Looking forward to a reply

ATB

It’s coming ...