Member Info for OLADAPO007

You would by God's grace well exceed that.

Looks like our boys are on first name terms with Mary Lou, Sir! We might be able to move a bit out there I guess!

Hi Keith,

What you have written regarding MOU-1 could be looked at from the following perspective, if it's true that the data on MOU-1 is dodgy it could be the reason that Phil sold out and took his money with him but secondly he did not take it all and chances are that were the results so bad why leave some money behind which he could lose totally were things to go badly pear shaped? On the other hand we have Lonny who definitely has seen all the data and has happiliy committed £50k to the whole exercise to further it? Remember Lonny was fully involved in the drilling and left his old job for this new one and he is supporting it to the tune of the amount mentioned here.

Whichever position is right would only be determined once the testing is done but before that everyone has an opinion one favourable to PG the other not. Let's not jump the gun here and start thinking PG is deceiving us because most likely he isn't. The pressure etc being above normal etc should be pointing to something good and on this basis , I am happy to throw my lot in with the team guiding this whole thing. The mind blowing figures from Ireland tells you that PG is not just introducing us to beer money, his ambition spans beyond that!

Looking at the sort of figures PG quoted in frustration when fully pushed, unless you are mega greedy , there is enough to go round for the average greed and need of everyone . Why some folks just indulge in ****ging PG off is far from my understanding. The guy works really hard and he comes across as a no nonsense decent bloke. Those of you guys who don't appreciate him should sell up here and wait for the ex GKP boss to start a new company and go invest in it. PG would bring home the bacon, stop the needless worrying. Once the test results from MOU1 come through and are good the share would be rerated then we would raise off the back of that or those offtake agreements would help. Stop the silly panicking folks it won't help anyone.

The interview was all about Ireland and I don't believe all is lost in that area. Now think of the figures mentioned if they could pull it off. With investments like this , one needs to be patient. Dana's shareholders making a killing with Tom Cross wasn't an overnight thing. Patience was needed big time for that to happen. If we could pull this off it would definitely be much larger than Dana. Morocco is likely to be another big one penned for the second quarter , the funding for its testing has already been sorted out, folks just be patient and let this play out. Do not sell prematurely!

Damn I didn't know that they did not get clearance for such an important aspect of their business. How silly is that?

Buy on weakness is what you reckon should be happening. Exactly how weak is the price gonna get ? It's like a bloodbath everyday now!

Fill to spill? Wow GRH would remember that from the Shaikan days no doubt! In a place where there is peace and neighbours to a gas hungry continent , lots of folks are gonna need resuscitation when reality comes to our share price. One remembers Shaikan going from 13p to £4.60 in dem days on this sort of ''fill to spill'' kind of news , better still the wackmeister seems to think we might have better pameters. I might be wetting my pants in advance! Fasten your seat belts folks and get ready for take off. :)

Hi Nigel ,
The link here tells you what eventually happened to TK. Not the sort of guy our PG is or was at anytime!
https://www.justice.gov/usao-sdny/pr/co-founder-and-former-ceo-foreign-oil-company-sentenced-60-months-prison-failure-file

You can't compare this company to GKP at all. I was in GKP early enough and right from the start it was a ''not too straight forward'' company to be in while TK was in charge imho. There was government(kurdish) interference, a CEO going through a divorce whose financial affairs became linked with that of the company while going through a divorce. Wrong figures announced regarding oil find which was later corrected by external consultants etc. Name the problem, GKP of that time had it in spades. This PRD we are all involved with has discipline in spades as you would find with anything run by PG. PG is a very decent dude and he takes pride in his decency. I know this having met him and asked him everything about oil drilling etc to which he gave very factual answers ie during the time of FASTNET. He is not a fly by night sort of guy compared to some in the industry that I am not going to name. Pls don't compare PRD with the GKP of old. Just makes no sense!

While I agree with you fully, the management need to find ways of reducing the share giving bonanza.

Yes MEM few placings since then but the new numbers coming up are bound to be large as well thereby taking care of the reductions in distributable amounts.

Hi MEM,

What is this 20tcf assumption based on? 15TCF to us using the current split. Michael Caine I believe didn't have this large a figure and we got quoted a figure of £27.3 per share.

This is mind blowing no doubt, if this materialises, would no doubt make investment of the year!

A drop to such levels would mean further buying :).

Have you seen Lonny's tweet in relation to MEM quitting the board? Man, if they are rampers , let them RAMP, we aren't complaining.

MEM is the go to guy for simplifying things and directing folks to opportunities that are hidden within the PRD assets and set up. People like him should not be allowed to quit forums like this. There should be a law to ensure folks like him can't quit forums like this :). Man please hang around as I am looking forward to what your likely valuation of our Irish assets after learning of that Vermillon nugget you just referred to. You can't come up with a starter like that and then run away with what should come next. Ok what I am saying in not too many words is that you should pls stay. Ignore Nigel, as we all already do!

Could I have the link to the telegram group pls? Thx.

The good thing is that that isn't the only Cobalt Licence they have. There is the idaho one too but this Cameroonian one could be a major game changer!

Man ,100m at 8p? Get real pls! Now I see why folks think you are the main Benny Hill here!

I doubt Lonny left SDX for a marginal result based on the evidence he saw during our drill. Philbeam's reason for selling so much of his shares is what still baffles me no end!