Member Info for NigelHaemoglobin

Hello Mossma and Croxie

Do you understand this game? My speculation is that the field of play is now very different due to the equivocal pseudo discovery RNS.

Exactly how the game evolves and how I'm going to deploy my tactics is private, don't see the need to give carefully harvested information away after 11 years playing a game with micro weaner populist hydrocarbon shares.

Give you a clue, go to as many AGM's and EGM's as possible, listen and ask questions...but be careful who you trust both on the board and amongst those who pretend to be your friends on here, there are some absolute stinkers!

No Phoebus MOU-4 is not funded yet IMVHO, posted my estimate of the cash position recently (1.7m Stg) and hey presto! another placing RNS landed.

One big positive re PRD is that their costings are very clearly stated in the admission docs, presentations and reports.

Leaving Pilbeams' inexplicable behaviour aside we have two significant RNS's to evaluate. RNS#1, we have spent $2.5 mil est in exchange for gas shows: we had a wee prob with formation damage on the way down.

RNS#2, we are not using the word discovery but we believe it might be therefore we will dilute you again and go back and have another look: not sure when.

************* were correct in calling PRD out imo but we investors (gamblers be honest with yourselves hoho).

Now, if MOU-1 had been RNS's as a discovery, probably commercial pending appraisal and of reasonable size, say 50+ Bcf then a whole new game of relatively non-dilutive placings, farm outs etc would launch.

GRH's SP estimate of £15 must surely be at least halved now? Still appallingly rampy but there you go...

Beetle with PRD at 4.7 pence, two frankly opaque ops rns's, no money for MOU-4 etc should you prioritise your interrogation for Mr P.Griffiths??

I called PRD's cash position post MOU-1 bills at £1.7 million, only one other poster offered a figure (£1.6m). My call of imminent rather than immediate placing was incorrect, I was not expecting early testing of MOU-1 but that MOU-4 funding would be necessary in say three months ie imminently. Haemo called the first recent placing bang on, within hours.

The Right Hon. Dalai Lama of Eastbourne failed to call the placings at all or to offer his subjects the cash position which is vitally important when investing in micro-caps.

As always etc etc

Tim*

* joking,Nige hoho etc etc

"those who would not normally get an interview with me". HAHAHAHA!! Why would ANYONE want an interview with a £15/share internet board ramper. 5p now only 300 fold uplift to get to your target!!

I do apologise oh excellency Dalai Lama of Eastbourne...

Still stuck to my shoe Beetlebum? Why do I have to answer the queen of ramping twaddle GRH?

I've been mostly bang on the money with the PRD debacle, that is the priority. Go and squeak at your board of directors! They are allegedly in charge of this pantomime not me.

Twerp!

No worries Taff, not defamatory at all unlike some of the stuff posted by that gibbering omelette GRH!

Peter B is correct.

My only regret is not taking all of the advice which I posted for the benefit of others.

What the actual f**k were the last three RNS's about??

Mossma Pillbeams' last sell was on the 16th

Is this fishy? Corporate expert GRH should know, I have no idea how placings are managed only for some magical reason* when they are about to land.

* years of investing in snaky E and P weaners!

Adon thanks for that but just think again about your hindsight comment. Griffiths's 40 year O and G career, much pumped in company info, only has merit if he is able to make judicious decisions and while he cannot always be totally correct our expectation as his employers should be that he is mostly or exactly right all the time however, any erroneous or poor decisions should be openly admitted, discussed and learning points made.

At least the basic details of this funding failure ought to be shared with us...

Fascinating stuff! Take a look at Island Oil and Gas, Fastnet Oil and Gas then spin yourselves through PRD again.

Read the rns's, Griffiths has spent years and years trudging around Morocco, maybe he is just fond of Moroccans? Not much else has happened, well not in terms of oil and gas production hoho etc etc.

Added a few, it's pathological now, knowing how I was sucked in: fortunately not sitting on a severe loss but it's bad enough.

Feels relentless, we all know that PRD is wobbling horribly, can't find words to describe Pillbeams' behaviour to be honest.

Stuck with this tribe of fools now, I bl***y posted ages ago that PRD should have raised enough for three wells at least...

Good stuff Oil Baron, nuts to tribal thinking!

Wacko

Little bit of public shaming eh? Have you visited the HQ of Der Ministerium für Staatsecuritatheit?

You and GRH really superb examples of our culture...not

mossma no problem, your post is err very direct but not libellous.

If a person is very wealthy yet tries to promote a high risk E and P company to anyone and everyone inc our lowest paid people but rarely posts significant risks (of which there is a large number) what does that make him?

Dubious? A bit uncaring? Dense?

I'm invested but prefer to share my view of both sides of the equation: GRH prefers to spaff his £15 sp but as for the downside all you get is DYOR etc.

I just think he is one of natures' buffoons tbh, no offence hoho.

Its insidious OilBaron isn't it? GRH burping up that £15 figure with regularity, MEM spaffing insane valuations, others joining in.

5p today but a speculative buy at that level.

I don't like Griffiths' RNS's by the way: what did he do before geology?

Oilbaron GRH and his ilk make me vomit: bringing up service in H.M Forces in particular, I'm not going to engage with plankton like GRH, our family line have a solid line of military service to our country omitting no one apart from one insane and too fat sibling, the rest of us have contributed from a fifteen yr commissioned career down to a few years territorial Cold War service.

What that facile, grandstanding and dubious twerp posted re 'the crew' is of course defamatory: it is also a pathetically weak attempt to further boost his following of course. Honestly GRH is stuck to the bottom of my boot but that is just a personal admin issue...

Thanks Porter, still if PI's want to believe MEM spaff good luck to them...

How can new E and P investors cultivate their approach to risk? Surely not by reading the boiler choirs' posts?

'Early monetisation' based on what?
'3 Tcf', maybe but even if it exists how much cash will we spend to find it?
'40 p if all three RNS landed on the same day', not really worth comment! Why would a company issue contradictory news on the same day?

waffle, twaddle, hic burp where are my reading glasses...nurse!!

Wacky, great googling.

Your 3Tcf est is prospective that is to say high risk.

Why did Conoco Philips, Repsol and others not land on this acreage before PRD???

One in particular, who doesn't know gas condensate from condensed milk...

Never mind, there are enough vaguely positive comments in the RNS to spin out. For any newbies, worry about how much money is needed versus the value of what we have so far (zero to not much).

Having a week off. Q for Clueless and for the very very few with knowledge: rigless testing? Any info?