Member Info for NigelHaemoglobin

Onshore seismic? Given that you have just raised a very healthy amount of cash it is more than doable, greatly augments your well data and adds terabytes of information for your data room.

The cost? Hard to say, logistics are definitely problematic and the place is relatively corrupt.

Good for you, cabbage. You ought to eat more of it. Who are the 'cabbages' though, myself or Lenny and Griff Steinbeck?

No I don't, sorry. This is different though, potentially huge and ramped as pressure connected. If it is very large AND pressure connected then a full appraisal will provide you, as a shareholder, with a very good return!

Could have been finished now after all these years. Geologists you see appear to work in geological time. Look at poor wee Keith, spending days staring at pixellated satellite imagery. He actually enjoys it!

Boringly buying the dips is my approach.

Trimmed off sorry. Missed opportunity to buy sub 25p.

Is in my opinion only going to be months away due the sandjet (sub-frac) contractual failure.

A year shooting and analysing full field 3D to correlate with well data is the gold standard, that along with carefully positioned further appraisal drilling.

Probably just raving at the missed

Possibly so but lifting 1.6 mil barrels across Nov and Dec is bordering on stellar.

Opening price for any T/A wizards? I'm expecting to double my profits from the temporarily lame tanker issue.

Donal, good job that you are joking. To conduct surveillance would create a disorderly market and as such PRD would be forced to increase information flow: so maybe that would be good??

Either way if you traded on it the consequences could be interesting to say the least...

It's irrelevant Granit, try and focus on the development of your decision making faculties. You are under no obligation to read my content.

That is, as a company owner not in previous roles, for the avoidance of doubt.

Fair point Granit, I only occasionally state if a position is bought or sold, it's none of your business sorry.

I just find the whole scenario interesting and a useful learning exercise. One day PG may actually take a discovery all the way to production, forgive me if that has already happened but I cannot as yet find evidence.

It is permissible to post old chap, holder or not.

Communication is a very serious matter Granit, well it should be if you have chips on this particular gambling table.

It is gambling right?

It truly is, from a verbal reasoning perspective does it mean that if the equipment is not released then there is no need to update?

Classic stuff from PRD as usual.

But why the sp increase? The company made an intelligent decision to fundraise given the very high risk of failure and accordingly look ahead to being able to conduct further drilling.

Just strikes me as a quirky decision to hold or increase but there you go.

So are we mate, never read any logical, statistical information from you or assessments of the BOD.

Enjoy your jogging on, cheerio

Agree, the rerate has begun.

Many do have concerns tmh, perhaps they should just accept that being on schedule in a MENA country can be challenging...

Mumbo no need for naivety, compartmentalisation is to be avoided if possible when choosing your E&P weaners. Start with the SPE Petroleum Resources Management Manual, watch the many Schlumburger, Halliburton clips out there, study complete RNS and basic accounts (particularly PLACINGS) over a sample of companies. Most fail but some prosper.

This if Griffiths third visit to Morocco, the previous companies were Fastnet and Island Oil. One strangely turned into a pharma???

You won't become a Jimmy23 and neither will I but hopefully the above will give you some ammo to aid decision making!

Jimmy, thank you for you open and honest reply. Rare indeed amongst the legions of happy clappy cabbages...