Member Info for NICODEMUS63

Take your negativity elsewhere Nigel. I'm starting to find your constant Eyeore like behaviour rather tiresome. Sell up, stick your shekels into Rockhopper, hopefully they will be picked up by a true believer...

Joey, PRD are a micro cap in a highly charged political environment with a CEO as wily as a fox, a politician, diplomat, visionary, hard-hatted oil man and businessman all rolled into one.

Sit back, chill and enjoy the ride, it may be a rollercoaster at times but the rewards for true believers such as myself, Sefton, GRH, MEM, Tesla, Wacky, BDT etc are going to.be in the millions because we won't be letting go anytime soon.

Have faith and dive in deep. Otherwise stick your money in BP or a Santander 123 a/c and take a nice holiday once a year with your dividends or a day trip to Blackpool with your interest. .

Nice one Tesla. I've always thought that banning fracked gas will be the fall back position. If they banned it now, Sinn Fein and the more radical Green Party members would be going for the jugular in regards to LNG per se. It will take the sting out of the opposition's tail right at the last minute. A game a brinkmanship and one eye on the electorate.

Having a hand on the rudder of power means you can do something positive rather than sniping from opposition. However, practicalities and the responsibilities of running a nation mean that often, core beliefs have to be compromised. Voters who don't have to make pragmatic decisions can be judgemental and unforgiving. Ask Nick Clegg or Vince Cable...

I may be wrong but it's my gut instinct.

Indeed GRH, cherish your every living moment.
My outlook.on life changed a few years back when their was a terrorist massacre on the promenade in Nice, seventy people died.. Both my daughters were there but thankfully a few hundred metres away from the carnage.

I remember this everytime I every feel a little low or they do things to annoy me like leave food in the recycling packets and the bin men don't take...

That was v o x markets. No.idea why it does that whenever anyone posts a link but there you go.

Google VOX RBW

https://www.**********.co.uk/articles/john-meyer-on-arc-minerals-cornish-metals-rainbow-rare-earths-altus-strategies-3d01ddf/

Very good shout out RBW approx 15.30 mins in.

Reckon as serious amount of selling over the next two weeks and buying in the following- we've got to dispose of £80k worth and rebuy in family Stocks & Share ISAs, must be plenty of us in the same boat- this is the one share I don't want sitting around in my Fund & Accounts, and I'd advise others to do the same-

I was considering stashing away RBW but PRD is the one where we could be getting special dividends, parts of the business sold off at huge profit etc. Paul has been more than upfront that this isn't a company where you'll be able to draw down your £12,300 tax profit annually for the rest of your life so get your PRD shares stashed away..

Good point about taxes GRH, payment of which the Southern Irish are not fond. Most hold their politicians in even more disdain than us and consider them to be greedy pigs at troughs. If they can get away with paying as little as possible, they do.

Most income tax comes from public employees, which isn't great as it is merely recycling the governments own cash, or huge foreign corporations which may as well move somewhere risking power cuts paying low wages rather than risking power cuts and paying West European wages.

https://www.brrmedia.co.uk/broadcasts-embed/604f3b8d1e24d464e23ee271/chariot-transitional-energy-building-an-african-transitional-energy-group/?popup=true

For anyone interested. As CEO for CHAR, an erstwhile traditional o & g drilling company focused in Morocco, now moving into mining and renewables elsewhere in Africa may well be very significant for us.

As he says, the population of every other continent in the world is plateaued or declining, Africa is due to double to 2 billion in 25 years. A ready made market for clean energy. Who knows, the Chinese are investing hugely in Africa and in wind power. We may not have to go to the expense of moving our rees across oceans, east or west in a few years time.

Sykes of the Sykes-Picot pact would that be Nigel?
Did a very good job of messing up the Arab world.

Anyhow, for a micro cap company, worth only around £7m Paul.has managed to.pull of deals with politicians and senior civil servants in Morocco and T & T. Eire is a work.in progress, but is moving forward, slowly but surely. That is very good going as far as I'm concerned, time well spent oiling the machines that can make or break a company wanting to.operate within the country's borders.

Our three plays are all gargantuan, I think most of us looked on T &T as the bread and butter keeping the cash flow/lights on business, paying for the big projects in Morocco and Ireland.

It was only when I realised the scope of destruction.of the T &T o & g mismanagement by Petrotrin, civil servants and politicians that the importance of our role became apparent. We are going to be trusted to play a lead role in turning the industry around and potentially the fortunes of the nation around.

This is big stuff, let's remember, the third richest nation per capita in the western hemisphere. We will be richly rewarded for Paul's years schmoozing and working through bureaucratic tangles to.get ourselves into this position.

Ditto Eire and Morocco- we have a CEO who is a true diplomat of the calibre of Metternich..

https://www.malcysblog.com/2021/03/oil-price-chariot-and-finally/

Malcy's blog, which I'm.posting because CHAR are also in Morocco and I have a sixth sense that the are going to be tied up somewhere on our journey. The CEO, Adonis Pourolis is the biggest shareholder in Rainbow who mine rees in Africa needed for wind turbines. CHAR now getting into mining and renewables. PRD making noises about getting into wind turbines. The FSRU LNG project is called project Rainbow....

This could be interesting. Adonis is CEO of CHAR.

https://www.malcysblog.com/2021/03/oil-price-chariot-and-finally/

Excellent article MK. No point in going in the fracked/non frackedcdebate just yet. The government can now make a point of being conciliatory and offering non fracked as a concession once the opposition start to turn up the heat.

Thanks all, assistance much appreciated.Only been dealing since retiring last April so a steep learning curve. RBW is my only mining stock, my other three are o & g.

Intend to stick with RBW so I'll start to learn how to decipher the jargon when the next RNS comes out. If I've been able to crack o & g acronyms sure I'll manage rre and mining if I put my mind to it.

I'd an inkling that they weren't light years ahead of us in the game but the markets and industry journals are really treating MP as Premier League and us Conference.

Good Afternoon Chesh

BPC may not need CO2 EOR but you do need EOR. It's now the rules in T & T, the government wants to show its green credentials hence why PRD are in such a good place, both literally and figuratively!. Malcy did refer to us as the Greet share you know.

So, if you need to facilitate EOR at Saffron, it can be CO2 or water, but water is a bit Ludditish don't you think? After all, wecwant to be seen as a modern companies embracing ESG don't we.

((:)-

Good article Firemansam. We really are in a very good place both literally and figuratively, or should I saw places.

Morocco desperately for energy independence and being ultra business friendly as a country to work in, with a well oiled ministry for us all to work with, PRD, SDX, SOU, Conco Phillips and that's just the o & g companies I'm aware of. Amazing really that a country as stable as Morocco has managed to exploit the gas under their feet before but is buying from Algeria which has a very unstable history indeed.

Plus of course T & T also despetate for our help to kickstart the turnaround their o & g industry and the recent tax threshold rise shows they are deadly serious. Plus of course, deadly serious about EOR with the recent proviso re fresh drills.

All we need now is the Irish to concede they need us to keep the lights on in their country. As each day goes by, UK EU relations sour further. I wouldn't put it past Boris/Raab or the EU for that matter, to start playing energy wars as well as fighting over vaccines and fishing quotas.

Two quick questions, if anyone able to assist..

1. Once our South African assets are producing, will the product be purer than what MP are selling at present?

2. MP planning to clean up the rubble themselves in 2022, are the sending to China for separation for the time being?

Ps Androcles, forgot to mention, our CEO, Paul Griffiths owns 20% of the shares, which I believe shows a considerable degree of confidence in his company don't you think?

My advice Androcles, dive in deep, there's a good few if us in this board who own 1% of the company and have put money where their mouths are. My family's share dipped slightly under with the recent raise but hopefully going to take advantage of the wee pullback on Monday if funds cleared.

I've been fascinated and distracted by the political chicanery in Eire so can't really advise on Morocoo, but there's people on here who can. GRH in particular was also in SOU. He should be able to give you the assurance you need as to why they are a completely different beast and as to why you should buy in big.

We want people who come in big, believe and hold for gold. You'll be very welcome.