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I don't usually post much because there is a lot of twaddle on these boards but I can understand shareholders are frustrated. We all want the company (our company) to be successful but personal attacks on PG are shameful and probably unfounded since we don't know the full story. If PG said they think 7tcf of gas is what they believe to be there, I'm happy to live with delays for reasons unknown to us, and maybe even the board. Do I believe games are at play? Maybe. Bottom line - I've been in here for a few years and I have faith that PG, Lonny et al can deliver. I was in CHAR since 2011 and sold all and bought in here because I have faith in this company. I'm guessing the eejits haranguing PG are not LTHs but I'm just speculating. Whatever, I'm confident we are on the right road and riches await.
@KeithOz confirmed "An ITR is produced primarily for company management, to give an independent take on the project under review. A CPR has third parties as the target audience - private investors, institutional investors and institutions providing loans, etc. "
I'm wondering why they are going for an ITR now, if a CPR is more aimed at getting investors on board. Could it be they already have investment lined up? I'm speculating I know, but we are not "in the know" here. It will be interesting to see this ITR and where it takes us. Tick tock ⌚
GLA
I'm liking that iceberg meme Keith. Loads of news triggers to come over the next 2 to 3 months. Exciting times around the corner? I'm a bit confused about this ITR and why we are not looking at a CPR? Do you know what the difference is?
Me too, got in at 12.88 for another 29,683. As you said BRV, in 30 days or sooner we will likely be higher than where we are now. Plus, the current SP is just above my average anyway. I can sit back now and relax 😎 (not really but you know what I mean).
@Sefton I can't disagree with any of that. AP started off well at the helm after LB departed at CHAR but they have stagnated. That's after continuous fund raises. We have a different management here and a huge difference in the capex for getting the Moroccan projects to fruition. Clearly the penny has finally dropped with CHAR with them now looking onshore.
@Sefton82 I don't think you need to be a geologist or reservoir engineer to recognize a good investment. Yes, it helps, but you can still DYOR in other ways and I'm sure you have done, as I have. I can't believe what is developing before our eyes and I have faith in the company and our assets. I have watched all the videos and read the presentations and listened and learned. Without the very knowledgeable posters on here it would have definitely been a whole lot more difficulty.
I also think we are nowhere near our value but we are motoring ahead and I don't think it will be too long before REAL value is recognized. Compare that with CHAR who have been in a slumber for as long as I can remember (I think I reco your username from the board) - correct me if I'm wrong. I am still in CHAR but my biggest holding is now here and for good reason. VERY good reason.
New poster on this board. I'm a LTS (not long term holder, but sufferer) of CHAR and I've been in PRD since 2021 but only recently increased my holding here. I'm happy with the way things are moving but I'm surprised it hasn't moved more north tbh. Then again, every drill I've been through with CHAR tended to have an adverse effect on the SP so shouldn't really complain 😁.
I have to say, reading some of the great posts has got me a tad excited 😊. Keep up the good work and GLA. Over in CHAR land its been a long slog (12 years to date) but I'm back in the black now. I am excited for PRD AND CHAR but the lower capex involved with the PRD prospects is what excites me more.
I'm sure I read on here that PG is not looking to take Guercif to production as an asset or am I barking up the wrong tree?
Yep, still here KB. I have a decent amount of shares which I will hold until we kick on here. Hoping for good news this year. 2022 done and dusted, one year closer to the the golden goose hopefully. I'm still keeping the faith.