The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
My opinion only:
Need management to do an interview to clear up a few concerns re
1) ammendment #4
2) why the performed a sub-par perf using time and placing funds
3) why they didnt 'sub-perf' mou1 years ago to assess formation mud damage.
4) why they switched back and forth with explosives and sandjet and only now state it was the plan all along
5) why they started on 10th feb when 5th feb stated they had started
6) why biogenic not thermogenic
7) funds... Cory Moruga workovers??
8) Ireland successor authorisation info
9) Sandjet timeline if at all... timelines mean very little here
10) Have they broken terms of their licence agreement at all
Good asset. Lots of gas as per itr/cpr. Big question now is can this small team working in a country where they consistently miss timelines or equipment isnt available, or whose Prime Minister might very much like to take control of predator (and surely easily could?) by some means... actually survive or get the gas out without losing the lot?
Lots of questions. Still a decent risk-reward stock to be in. Will likely consolidate around 8 until clarity is given by webinar/interview.
If its not forthcoming soon this will likely suffer the same fate as all smallcaps in an information vaccum and trickle down to resistance... around 6p.
Https://pumps-africa.com/rig-contract-for-mou-5-well-in-morocco-extended/?amp=1
Much like on PANR where Kever tried to force the price down with relentless tosh for months, but it went up instead dashing his short hopes, he also seems to have made a total mess of vast too. Hardly surprising. The bottom isnt even in here yet either.
Nevermind eh Keve lad. You will learn how to do it properly one day. Keep trying. 👌
Adon, would you be good enough to provide a link or coordinates for MOU3, perhaps? Presumably this is Sentinel..?
TIA
anti_intelligence...
you only have to do a cursory read over the data so far to see the sheer scale of the guercif licence.
a handful of posters here and on x have indeed been stating the scale of predator's licence for years, but you seem to overlook the fact that they have been doing so before any significant data was even released. again, all you have to do is take a cursory look back at posts on here and x.
that is the difference between knowledge/ foresight, and simple mindless trolling.
its always easy to look into a stock as i have done with all the data available and make a call. one has to wonder how brv, grh, caterham, methodology, keith, cube, waky, jazper, and many other pis were so ahead of the curve on this one. for literally years. their predictions have been (except for timing and placings) almost suspiciously accurate.
there is still risk and when the data is released the itr and cpr can be rejigged (or binned), but until that time, from an investing point of view, anyone buying now has positioned themselves in the chamber of what appears to be a smallcap supercannon. and the hammer is ****ed.
step aside, you ignoramus.
best of luck for the next week or so all holders of this stock.
How on earth does one search for #PRD predator on X without this irritating 'Mexican prd' tosh turning up?
Any clues? Please put me out of my misery. Very grateful.
Some very big numbers there!
3 or 4x from here is very reasonable in the short to medium term.
Roll on testing!
Very good stuff.
15.30
Well done for attending, Kever. You are starting to get the hang of it.
MW, any movement on 88 is likly to be met with heavy selling. And with 22bn shares circulating it is ripe for consolidation and numerous capital raises to advance the project. Dmax will be an issue here. As well as funding. Agreed the mc may increase briefly on positive news, but it simply will not sustain itself. The pump and rise days off 88e are long gone, sadly. I say sadly as they were always a sure fire way to make quick profit.
Will be interesting to see Hickory results all the same. It just seems clear that 88 have been fodder for bod to get rich and little benefit to shareholders. 22bn shares and likely to rise to anywhere between 75-100bn or more by the time the required capital is raised, as most is likely to be equity.
Panr will benefit more from positive hickory flow than 88 I would estimate.
This is why I asked -
"What does 'management' mean...?
Paul
Paul and Lonny
Paul and NEDs
Paul and Ronald MacDonald...
Should Lonny not be on site Guercif for ops/testing?
Ideas?"
Who is onsite overseeing testing?
What does 'management' mean...?
Paul
Paul and Lonny
Paul and NEDs
Paul and Ronald MacDonald...
Should Lonny not be on site Guercif for ops/testing?
Ideas?
Colon... perhaps. But this party doesnt need any false starts. It will commence on actual news, from the company. Perhaps Keith's post was genuine in its belief there was merit in the 1700%, but the facts are it is not really relevant given the oft-spiked volumes that can be seen on the charts.
Lets wait for the start of testing and the report that is due.
Prd have 2 near term news/events targets to meet and as of yet we have no confirmation of either via official rns.
Next Thursday is the 25th. There is no decree stating the company must let us know testing has begun. And there was no date given for the techical report. We may get news of both, or neither for some time. Or maybe news next week. I hope next week.
It temains that guercif has many gas sands and many overpressured sequences, as demonstrated by drilling breaks, logs and analysis by nutech.
Im in because I think this will be commercial once flow tested.
Keith, theres nothing at all of note in that. They often spike in volume and regularly spike up to 10,000% daily volume and more.
Scroll down and look at Events and Avtivities. The daily volumes are there.
https://markets.ft.com/data/equities/tearsheet/summary?s=GAZ:CAS
In fact, the 1700% is a relative total non event.
Lets wait for actual news via rns.
Test at Hickory has good chance of doing ok and flowing at least *some* oil. Bit of a value gap with Panr though. 24bn 88 shares against 1bn panr, with panr MC only x3.5
Feel will be very hard for 88 to gain any traction with 24bn shares in issue! It seems to me that 88 is significantly overvalued compared against panr's current 1bn bboe contingent resources, (thus far), and soon to be 1.5bn or maybe 2bn+
I thus query the logic of the 88 investment case over panr. Furthermore, if 88 flow oil panr will benefit, if 88 do not then it will make little difference to panr. The risk is all 88's here. Assuming 88 flow then the selling pressure of the billions of shares underwater at .5 and above will snuff any rise out in a flash, but panr will apreciate by proxy and establish the whole dalton highway acreage as a fairway play.
Panr seems like a much safer investment.
You are welcome.
They will have a bad day once finance is sorted. Probably will have to negotiate a buy back en masse. Ouch.
BUY.
If only James Simon would buy another 2 or 3% of the company (and PANR where he owns 'more than the directors')... or at least comment on how the bod is performing then things would surely rapidly turn around here haha.
Long term JOG likely to do ok, but 150p probably be seen again before long. Perhaps a buy at that point. Wouldnt touch until it bottoms out. Bit like JSE.
*is expected to be released before the end of 2023* is a follow up rns on 30th Nov, not from 7th Nov. So it is a change of position by the company.
In fact, given that it was a later rns I retract my previous statement that what Trifle posted was incorrect.
Both posters are correct, but different rns dates.
"A summary of the ITR will be published before the end of 2023" is the sentence from the rns. 13 people have upticked a post that is factually wrong by Trifle. I suggest that those who upticked either have not read the rns or are willfully looking to bury facts. Neither are helpful. Currently 13 upticks. Lets see how many get retracted once they reread the rns, and perhaps we can then keep things factual.
Prd have missed a whole lot of deadlines, this is true. They also have raised capital numerous times mentioning testing, yet testing has not occurred yet.
These are things companies can and should be questioned about.
Regardless, once prd does test and does release ITR for trinidad then the market cap will find new highs in my opinion. So all these missed deadlines, while odd and not exactly encouraging, will likely be a mere footnote when its all done. That is investing. My previous post(s) summarise/s why I think prd is a good investment.
On the note of testing... the company stated January for testing. It is the 9th January. Let us hope this too was not just rns filler, and they do indeed get it done.
BUY.
Mangrove down £708,700 currently. Short on at 22.32p for 14,062,414 shares.
Thats a lot to buy back.
Pressure on!
https://shorteurope.com/history_player.php?player=THE%20MANGROVE%20PARTNERS%20MASTER%20FUND%20LTD.&land=united_kingdom#Pantheon%20Resources%20Plc
As predicted. Green bin post immediately.