Member Info for NigelHaemoglobin

That outcome would indeed be stellar beyond belief.

Good flagging up of geological risk, anyone else hiked around the lower slopes of the Eiger? Really just a colossal pile of gravel.

The substrate in MOU-1 appears extremely friable but solutions are possible. Anyone remember poor old XEL (another populist share) and the interesting sand clearing horizontal completion? It all seems feasible pending MOU-1 results and the hoped for successfully drilled MOU-3. Personally I have written off MOU-2 but there is a chance of re-entry dependent on MOU-3 results.

A bit like the Astra Zeneca vaccine all talk of mud has ceased. Any other healthy sub 60 yr olds refuse the Autumn bivalent killer sorry vaccine? I cannot understand in particular why American youth take these jabs: to save >75 yr olds who are already coffin dodgers? Bizarre.

Ok Manuel fair enough, I'll read it again and try not to rush. Cheers NH.

tmh you are posting total hogwash denying that my placing calls are incorrect. During early expo ops in this type of outfit it is imperative that you pit your wits against risk of dilution ie selling down appropriately pre placings.

However if a brain has subverted by normal group (ruminant) psychology it will fail to make decisions.

That is what has happened here, twaddle about Golden Retrievers, Yorkies and grandchildren with hay fever, love of Big Brother Griffiths and GRH etc etc has anaesthetised the majority.

That said, with two potential game changing ops in process it is extremely difficult to call the next fund raise. Actually bought a few back at 9.18 after feasting on the highs of this week.

We need luck now in order to prevent further expensive wells...

Jelly, not at all: sp's are quoted in pence. Your numbers are also correct but in pounds.

More importantly than what I say as a pure amateur PI I do think there is a major blunder in the professional coverage or did I mis-read it? £3.70 would make my holding worth £29.8 million STG which is complete eyewash.

In geopolitical terms this is a pure high risk punt, would be delighted with 15-20p total buyout.

tmh well done (not). At this stage of investment in a high risk outfit my view is that the active management of invested capital is imperative...Well done though for your ticks, many are sheep in a field.

We want to make money old chap, nobody should give a rats sphincter about bloody birthdays.

CLASSIC salesmanship and you know it haha.

Another geo-cultural area with no UN recognised jurisdiction. Clearly I was entirely wrong about the KRG issue being settled in a week or so.

I'm all up for this from .128 to .13 given the high risk but potential upside but the arithmetic appears incorrect, £3.70 makes no sense to me given shares in issue? 20-25p seems rational for a transaction based on C2.

Calm down, not calling a placing yet nevertheless two funding events at least are required over the next three months.

To complete the Challenger settlement 1 mil in dollars is needed and there will be little in the pot after MOU-1 testing and MOU-3 TD (assuming we can get there). In the past Griffiths has quite reasonably explained that sometimes you have to fund your company when the opportunity arises.

Will he wait until MOU-1 and MOU-3 results are in before a fundraise? In the success case we will have no problem raising money in a low dilution placing or indeed farm in, in the failure case does he really want to grovel for a placing if the SP is 3-4p which is not an unreasonable outcome if more failures occur.

We have little in the tank to re-drill MOU-2 imvho after MOU-1/MOU-3.

Not going to call a placing yet, it would be embarrassing to be on the ball five times in a row after all!

Welcome, it will be interesting to observe if you have independence of mind or evolve into yet another ruminant. Two points to start off, are you aware that this is the third company that P Griffiths has set up to explore (amongst other activities) Morocco, has oil or gas ever been commercially produced? To be fair some wells and further studies have allowed successor companies, Sound for example, to continue to success but not for most shareholders. Second point, there are some industry types on here but they are either highly biased or totally blinkered.

Have to laugh at the sites language bot, I'll test it.

Babgland.

Any flaring visible by satellite at MOU-2 yet? You certainly wasted a lot of our time on that twaddle, I even had a twenty minute futile squint at it myself so enjoy that...

The problem with micro-caps is they rarely seem to be able to hold out to final valuations, I sincerely hope that we can but decent no nonsense discoveries need to be seen.

Fascinating isn't it? All the idle 'knitting circle' chit-chat about a 'low ball' 200 pence T/O (a 25 bagger).

How many companies of this somewhat flamboyant type have burped up an 0700 'pleased to announce' RNS that they recommend a bid at a 30-40% premium to the preceding days' closing price?

Come on Oz, Beetle orifice, how many???

Crikey Mick, at this stage we are in the zone of stats only and in that sense all future SP predictions are purely speculative.

Surely you know that, right?

Of course it does MyLast, more than twice the volume from the KRG. Azerbaijan ships huge quantities via Ceyhan.

A LOT of slime mould posts here.

Well I'm not going to repeat them for obvious reasons but please scan his posting history.

Personally I do not agree with the suggested possible numbers but Caveat Emptor etc.

I would suggest that opinions regarding loading at Ceyhan ought to be mediated by the notion that Baku crude is being loaded via the other major pipeline to the port. On another board we had an over excitable sub-equatorial minion sharing lat and long data re an onshore gas rig exploration rig flaring: all came to nothing when the drilling rate decreased to 1 metre per hour due geological issues and ops were suspended.

While comfortable with a position here there is little doubt that it is a risky one...

Mind you, if GRH's high end share price estimates are achieved then I will be more than a millionaire on PRD alone!

Might start praying...

However Nico if you had been more open to the opinions of Charlotte, 'little' Nige (6'2" btw) et al and at least actively weighted your holding in alignment with speculation on placings, reality re MOU-1/2 etc then you would have either owned more than 1% or hold the same percentage but at a lower average. Clearly an intelligent person but need more focus?