REMINDER: Our user survey closes on Friday, please submit your responses here.
zebra, if you thought that the share count was going to remain t 100 million, i would suggest you were naive at best… if they had taken on debt….how exactly would you expect them to service that debt?
i think pg is ****ed that market hasn’t reacted to value that has been created here at various points, coupled with the fact that novum also robbed us blind and sucked the life out of the sp at the same time. they are not exactly optimum conditions for exploration companies…. ……but never the less pg has got us to this point with fantastic asset equity with fantastic assets…..i thank him and lonny for that and all their hard work. oh and nobody gets everything right…to stand there and say he took his eye of the ball and own it ….imv shows his integrity …..tell me another ceo that would have the *******s to do that?
Interesting concept blue glow…
But…
Yours and my CEO stated at the presentation on March 14th that nothing had changed with the drilling timeline for MOU5…… yet you think the bold has a point with saying that we will be into first week of June.
Now, if CHAR have the drill rig before us…. He could also be saying that it would suit them if they held up our operations…..
Let’s see how it unfolds but I’m not surprised he wanted that taken off the record…..
Https://www.gasworld.com/story/the-impact-of-baltimores-shipping-closure/2136425.article/
Older and wiser, as I understand it, the sand jetting penetrates the the formation in a different way to conventional explosives. Sand jetting can be used over a period of time to perforate a deeper and deeper hole and bigger and bigger coned hole out from the wellbore.
This method is completely different to explosives which is a one time event….
If you read PGs comments from an earlier RNS….the sandjetting was always going to do the heavy lifting….
Those people chastising GRH on X earlier today would do better if they had read PGs comments and understood it….clearly. Instead making themselves look stupid and showing the world what unpleasant human beings they are.
Also came in in 10 days instead of 14….maybe under budget….
Well done PG et al for recognising the likely issues with conventional testing and reducing expenditure appropriately and conserving it for sandjetting….
PG looking after the pennies as always…
Highlandmatt, my two brother in laws were over during Christmas. One lives in Switzerland the other in Holland. We live in Cornwall… The amount of time they spent looking up where the next charging station was, was ridiculous. They both had a complete ball ache of journeys to get home….. and they both said they will be bringing their other vehicles next visit…
IJWT… I’m very much not on the fence…
I too was using your old A3 as an analogy for any combustion engines….
I’m sure we won’t see eye to eye on this but wind farms in Scotland cutting trees down to make room tfor turbines…. And of course all that concrete.. Companies paying for carbon credits, the list is completely endless… They have actually been very creative with coming up with such a great selection of jobs and….. and revenue….. derived mainly from the tax payer… we know it’s not cost effective…. Ask BP how well it’s worked out for them ….
When all is said and done how much have they actually shifted the needle in energy mix…. With all the trillions of dollars that have been thrown at it…?
Anyway this is not PRD… and they are aiming to take advantage of the energy transition phase which I completely fully back them… I’m sure we both agree on that. 👍
IJWT… tell me then… if net zero is so important to climate change and it’s imperative that something is done…. Why have the developed nations hell bent on spend trillions of dollars on this farce not boycotted manufactured goods from China… Everyone bangs on about how bad China is for all their coal power with one breath and then gets everything they can produced there… Its an absolute con from start to finish… Also if you think that yours or anyone elses A3 has any negligible affect on global warming then god help us. EV have a massive carbon footprint…. The whole thing is just ridiculous…. How they have persuaded otherwise sensible people into thinking otherwise is completely beyond me.
BlueGlow..you have quoted PG as floating a £200 million figure..... you are miss quoting this...as this figure was an example of the sort of money he was looking for....for an amount of gas...not the entire project like you are trying to pass off here..
Blue glow, they have also said about sandjetting, is this near term ? Maybe they are keeping some power dry to do more comprehensive sandjet testing and so therefore using the money in a more shrewd way and to far more benefit in some of the strata.
There are too many people on this board with no patience and no idea how to run a business on a shoestring. They are the ones spending all day writing reams and reams of drivel.
It’s all supposition until we are told what is actually happening.
Jimmy/BRV…..If the only source of gas to supply storage at kinsale is from the UK inter-connector, that would be incredibly stupid imv. The Uk could name its price.. The FRSU option enables a fairer market for Ireland.
BRV…. Is that a complete well, How deep, How many zones of interest and how many metres of perforating?
I’m assuming… rightly or wrongly…. That PRD are just testing the 43M and that’s it for the minute… so no selecting different zones etc etc
Also are they just testing for flow or are they testing for volumetrics or connectivity and does this take longer?
Regards,