Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Patch this is not for you, read any E and P prospectus and you will see a comprehensive statement of risks. It is time to sub contract more work and planning out.
I suppose the only positive is the demise of Kissinger, only the good die young...
Ah, s*x panther haha
One of the greatest comedy films ever.
Aye, spot of youth and vigour might help, couple of graduates with ten years say. One for regulatory and compliance and the other on logistics and contracts.
I don't know about the present board but speaking French and Arabic would be superb, really oiling the wheels.
Patch do you not think that the 'testing' rns is weighing the SP down by itself? That sceptics like me have any influence?
I only do this out of a fascination for risk and uncertainty, not O and G but a lifetime in a complex and occasionally high risk environment.
Firstly, I speculated a probability of technical difficulties or ambiguous results.
WRONG! NOTHING HAPPENED AT ALL, for the second time.
PG urgently needs a consulting firm with special reference to ordinances and regulation in my view.
In addition anyone else dismayed by the sands dimensions? One for Jimmy, an honest chap.
So that is two lengthy periods spaffing money onto the desert for nothing. At least he has been clear about the licence extensions I suppose.
Probably drift down to 6 or 7p, one for the T/A types.
That's hilarious Stokey, you posit that a caveat exists but you will refrain from explaining what it might be until it has already happened.
Straight from Brian Cohen in 'The Life of Brian' trying to make a speech after falling off the balcony.
Gin 'o' clock. Thanks for the humour!
Good point, free cash flow would be more accurate. I'm just interested in what is driving the volatility today. It's certainly not you haha!
Yes you may CCC, to be fair and taking an overview of events to date MENA is not the easiest location to operate but PG has had plenty of experience with the truly wonderful Fastnet and Island Oil.
Oct 5th RNS, not an English grad or even A-level, far too boring but I could interpret this para in more than one way.
"Rigless testing MOU-3 using conventional perforating guns is currently forecast to begin on or before 16 October 2023, assuming that the wireline logging unit is released from its present contract on or before 10 October 2023. The Company will provide an update if there is any change to this date".
Still, it was ever thus with RNS's from many outfits.
Hard to say, talked up ready for a fat placing or is a T/O on the table? Contract win? possible but I have cashflow concerns.
Remember Duncan B on Dragon's Den? Lack of cashflow kills you promptly but profitability issues can be a longer demise. Paraphrased.
Interesting stuff anyway, plenty to learn from it all.
FYI
Fair point Mumbo but options are very constrained in Sub-Saharan Africa. Read a chain of BLVN rns's and presentations once as a 'dry' investment study, quite instructive.
Whatever equipment and conditions they had all I can say is they subjectively appeared direct and honest.
Just my opinion.
You're right PoC, unfortunately many have been herded by a serial b-sh*tter and will never regain their objectivity.
It is downright bad manners to have not RNS's a precis of where ops are at this week. Nothing dodgy just slimy.
He's the spitting image of Gary Glitter in some of those photos!
Absolutely raving, sectionable.
Try not to have delusions Short or develop odd conspiracy theories.
All I simply wrote was that HE1's were clear and unambiguous. Lenny and George over here at PRD could learn something, if they wanted to.
Ah Steinbeck, wonderful author but always preferred Twain's pithy aphorisms, how about you? Or is The Sun sufficiently intellectually taxing for you?
Have a look, absolutely not recommending them but the frequency and quality of their RNS's is very good. Basically they inferred a sell or short (in my opinion) by concise and clear communication with their shareholder base.
Billy that's interesting, it's a bit harder to do RNS archeology these days but FAST and Island were 'fascinating' reads.
Did you make money in FAST, I didn't get to correlate the story to the sp or mcap before losing interest.
Having punted on many natural resources outfits very carefully i.e not unthinkingly holding from fundraise to well results I can assure you that HE1 are very straight with the shareholder base. This is hugely different from any number of deceitful, secretive and obfuscatory outfits in the oil and gas world.
The risk profile increased dramatically and was clearly indicated in recent well updates.
Seriously an investor/punter could not ask for more.
And you held, that was my point.
Try to let your synapses function, there are occasions during the value generation curve (in the success case) in which to invest.
Even then it is not easy, particularly when indulging in mineral resource gambling in the developing world where the regulatory and taxation rules can be burnt in minutes.
Don't even start me on corruption...Troll? What an absolute plank!