Member Info for neon

Bamps21

Off topic, still holding ITM? The other day you talked about it and now has risen significantly. I wish we could experience similar price action here :(

GL

Paul Griffiths, Chief Executive of Predator, commented:

"We are pleased that the extension to the IPSC has been secured by Columbus. It is a recognition of the importance of this project not only to the potential enhancement of Trinidad's onshore oil production from mature oil fields if successful, but also for the potential to sequestrate significant CO2 volumes to advance a reduction in Trinidad's carbon footprint. The Company and its partners have worked hard to coordinate and develop all aspects of this project to give the best opportunity for a successful outcome. It is rare for a company of Predator's size to create and fill a niche position outside of the USA in the field of CO2 EOR. That it has only taken 18 months to reach this position from scratch is remarkable. We now look forward with excitement to the beginning of operations that will evaluate whether or not the benefits of CO2 EOR will be transformational to the onshore oil industry in Trinidad."

https://www.lse.co.uk/rns/PRD/predator-og-hldgs-c02-eor-trinidad-update-jz58jgfr36s2usr.html

sorry pete, couldn't help myself, tweeted it to the company!

lol

lol

Arguably this your best poem ever Pete! :)

GL

U said saffron will produce 0 barrels months ago and ran a list posting it 24/7 so why all of a sudden you think it will produce 200 barrels a day sweetheart?

Care to explain it please?

IreneKrapp

“what heavyweight Oiler would be interested in wells which may produce circa 200 bbls/d ?”

Could you please explain what do you mean by that? I thought you said saffron will produce 0 bbls/d

Lolz

Bamps21

It’s just a non executive directorship nothing big. They all do it to get extra cash anyway

PRD has gone up again from recent lows as innis trinity CO2 project is about to get started. Don’t worry, we are only 2.90p away from 0p, that’s the maximum we can lose hahahahahahhaaaaaa, AIM at its best!!!

Enjoy ur weekend bud

GL
GL

Any rough idea on the number of shares Schroeders have dumped to date? I’ve lost my count

Legally can they wait until it goes below 3%?

it looks like you've managed to play even with the MMs! well done lol

GL :)

Bamps21

Bravo bud, well done with ITM! I hope CERP could give something similar to it's very own LTH.

One day one day

GL

Amphion depressed Polarean shareprice with their constant sells so I guess Schroders is doing the same with Columbus. Until they are gone, we probably have to live with it. Some could take it as an opportunity to buy as the seller WON'T LAST forever! I topped up Polx at 17p and managed to sell just over 23p with profit.

GL

willec

It looks like contracts shares been sold. They have 1,750,000 shares to sell, so far if I'm counting it right, most of the big sells equates to 1,589,196 shares or roughly near or over that amount if you consider the smaller trades. Historically we always experienced sells after contractor shares hit the market.

Bamps21

Fair point. Like LK once said, CERP is resource rich cash constraint so even though it looks like 4.2M would be a bargain PRD, it would help CERP to fast track other drilling and may be even try CO2 in other fields that we have meaning a significant production boost, more revenue and further reinvestment making the company more valuable.

Let's wait and see what saffron's brings us first.

GL

Good find, thanks for posting

Harel

R u from Israel?

from its (Saffron’s*) future production I meant

Anyway, enough talking
Let’s see what we get in next few weeks
CO2 to start soon together with Guodron IPSC re-negotiation due next quarter

Merry Xmas and GL everybody :)

Regards
neon

Don’t forget, saffron is just the first well to open up its superb SWP exploration portfolio!

Not long to wait now anyway

GL :)

Harel:

I understand and appreciate all of ur cost concerns but why you think the company has to spend every little penny for saffron well from its future production? The company already has its production base you know.

GL :)

Harel:

The company will be earning 82.5% of the oil price sold for the first 10 million barrels without paying any loyalties under the new BOLT transaction. So at $60 it equites to $50 per barrel like the company said.

So where and how you get this $3 per barrel for first 10 million barrels, care to explain please?

Regards
Neon

LK’s presentation: https://www.brrmedia.co.uk/broadcasts-embed/5bbe181a269b0c1ded18979b/event/

Watch from 13:41 mins where he talks about the potential of SWP and $50 a barrel earning with $60 oil price.

GL all