Member Info for oldslow65

1.)has anyone googled QUASI CALL OPTIONS? per grh on X , 2.)and it seems our new negative poster isnt happy with EOG either although they state prd is there main company... and also mainly here for eog.. so which is it.? per your post on 13th march boldy..?

Lots of interesting posts, good to see mou3 might of cleaned up,per grh on X after a shut in process, and mou6 drill date anounced and funded by a partner,so spare cash to prd. As for value most people should be aware of the ongoing war in middle east, just a temporary stoppage to regroup if iran keeps throwing rockets/drones on its gas and oil producing neighbours! . Leaving politics out, this has created a shortage,still not felt in the uk yet.. Simply looking at the futures market see,s a big increase so far.. to 2030. Yesterday these were march 2027 oil at $74.74 03.2028 $71.21, 03.2029 $68.97, 03.2030 $66.87. Keith and others gave a potential price per tcf when we were looking at mou5 @ 5tcf with each tcf being valued lower these have all gone up for the next 4 years with what has happened , so far. THE WAR is not over and some infrastructure will take at least 3 years to repair so far, thus the elevated futures market prices. At $75 thats a 25% increase on P.G. numbers for morocco and T.T. priced at a low $60. Getting any deal done at the moment in time is fortunate for prd shareholders, a current 66% increase on wti at $99.6 price today. with 4 years of elevated prices still to come, so far if the war resumes, a lot longer.... a10% carry would be very good for dividends. Back to mou3 IF it has indeed cleaned up naturally over time and the pressure gauge if wound right over with flow testing, this bodes well for the other wells as well!

I think it goes all the way back to the TEN YEARS TAX FREE ALLOWANCE, once oil or gas is declared and a deal is done the clock starts ticking, if he waits until a big chunk is proven up with data then a major with deep pockets spending 50 or £100million will quickly start the extraction process to get as much out in the next 10 yr window before full tax,s become due. on a profit of £500 million a year the 35% tax per year would be a extra £175million every after the 10 year clock has been activated,and double that on a £1billion yearly profit.. so for arguments sake if paul had got £500k a year out of mou1 @2 yrs ago and then sells all of morocco later on, the new owner would loose £350 to £700million in 2 yrs tax,s if selling £1billion worth of gas/oil/helium profits,and the loss would be yr 8 to 10, by then they could be selling a lot more than in the first 2 years of ownership... Sadly its better to wait for much bigger gains later. The patient people will do very well out of this,if we keep 10% in 8 yrs that could of doubled its value compared to want we might recieve very shortly££££££££.. (sorry dont do 8 dinosaurs)

His estimate of $175 a barrel is in line with other peoples 150 to $200 possible, the knock on effects havnt been felt yet, both gas and oil are effected and He for microchips. The reserves will be used first as already payed at $65, these are sometimes 3months to 200days for japan, down to 2 days(gas!) out of 14 possible for the uk... poorer countries will suffer first as massive underground storage aint cheap! The average storage around the world was 20% below the normal levels,if a country is going to run out they will overpay to get a tanker full, as seen in the recent spikes to $152 murban price. the war is not over, trump amassing thousands of troops.. im sure they dont need the exercise so its for another reason then! And a lot of gas is still used to generate electricity,good job the days are getting warmer and brighter for us and IRELAND.

THE BIGGEST BUY ON OPENING ,SHOWING WAS £700... lots of fuss, i guess it didnt drop low enough, so another effort will surface soon..? 48 trades, only 2 are sells. Most people can read a interview by body language and weird blinking and eer stuttering. if you need any help just look a st4rm3r in pm question time and see what i mean, how is he still in charge???

100%AGREE but why?? all of the early trades at 2.9p were for small sums.... are they that desperate to make £30?? anyway a welcome oppertunity for some to keep buying, (thanks fudsters#) had a second lot already today. IF IN DOUBT HAVE A LOOK AT WHAT P.G. SAID IN THE INTERVIEW YESTERDAY.. If morocco is under NDA,S he erm,, accidently.. let slip that a deal is done, or in part , as mou6 is funded by a 3rd party, who would do it for free? its not rocket science is it?

Massive 10% spread showing , just payed 3.17p

WHEN OTHERS ARE FEARFUL (IE SPREADING IT,,) BE GREADY, will get some more today,a deal in morocco is close or some parts of it all ready nailed on, this is going to be a fast ride, if your not already sat down with a shed load of shares, you will miss out , bye fudsters..

IDIOT... THIS IS N O T A AIM STOCK..... deal already done for mou6 well , so NO placing required, money was raised for it, so its now spare EXTRA cash.. also we have a ever increasing INCOME from T.T. a 30 to 15% from the gross, with oil at a premium and staying there for 2 years, OR MORE so far.. the futures market has it at $75 for march 2027 and $70 in march 2028. snowcap3 due to give us $5million minimum per year thats $50m on mcap of $26m so a rise to 6.5p minimum up to 18/19p for 1500 B A DAY and scap4 will probably be needed as the area is expected to support flows of 2000 to 3000 a day.

Pauls body language,, Very Happy and RELaxed. nda,s in place but he did deliberatly let slip that MOU6 was funded by a new partner or a deal is already in place as PRD ARE NOT FUNDING THE WELL.. so why the talk of a placing coming? we are producing oil,the barrels increase every 2 weeks and we know we get 30% to 15% from the well gross. the oil price in T.T. seems to be linked to WTI, THIS IS 5 TO $6 less than brent averages. The futures market has wti(currently at $95 with the war not over just on hold for 4 days more!) at $75 for march 2027 and $70 for march 2028 two years of inflated prices at 16.6% to 25% higher (a ave of 20.8% more)than the $60 used for calculation by pg, and a massive plus 58% at todays price. if a deal has been done for mou6 for cng/lpg then how close are we to more deals in morocco? Pauls own words,, we are at the well head,we know the progress made, and we know its the most exciting project and we KNOW IT WILL DELIVER, SOONER THAN SOME PEOPLE WOULD LIKE TO EXCEPT.. That sounds like sooner than later then! maybe thats why he is looking ahead for new projects as MOROCCO is all but a done deal? discuss then..

IF we still are at this silly low price by isa top up date i will be trilled... bought some yesterday will get another 60 to 90k today,ive done well out of R.R. peaking at 1280% its still got legs with the SMR,s coming online later, and payments from it, but its not going to 6 bag in the next 6 months... A lot more when/if moroccan deals are officially anounced,i thought my boots were filled and well brimmed.. buying bigger boots,this will be life changing for many happy people. dates for scap and mou6 nailed on and a new partner funding it. At $20k for a barrel flowing ,,500 to 1000 aday makes our 3.2p look like a total investing gift. at $45 profit on just 500 is $8.2million for the one well at $70 value/barrel adding 9p to current 3.2p alone.

If paul is looking to buy additional wells,looking at other companies with 2 or 3 tcf to assist with production and a non eu country to invest in as well,and with mou6 drill funded by a 3rd party/partner.. and this IS ONLY A GUESS!!!!!!!!! he has at least 1 deal in the bag... has been offered cash upfront..... and will use this to EXPAND HIS PRD EMPIRE.... (world domination not just yet!) with more assests in different countries and possiblly a off shore drill in trinidad later or divestment at $20k per barrel,then 1500 a day would be a $30 million walk away price possibly a 10% retainer? He only has 10 fingers so another 7 pies to find ,explore and make money? nice to see a upbeat interview perhaps morocco has been thrust into the limelight with the middle east still being very vulnerable to a missile attack taking out pipelines etc that could take a year or 2 to rebuild severly restricting outputs previously heavily relied on.. now we see why trump was keen to get venezuelas president back to the usa... will mexico be next?

At last a possitive post from you... ,anyway did anyone pick up on T.T. FUTURE VALUES?? $20k per barrel, so the deal on 1 site for $1 and it now produces 50 barrels a day makes that 1well worth a staggering $1million,??? scap 3 delayed till june,, but mou6 fully funded by a deal in place in morocco!! things moving along then..

HE LOOKS HAPPY.....

Any HELIUM will be welcome,probably a seperate deal as its extraction/storage/transport is not easy or cheap, but the upside is its 20 to 25 times more valuable than gas and high end chip manufacturers need it,with a 20% reduction from the middle east prices will spike just like lpg and ch4 and oil. Morocco was and still is a great secure country to be in,the pipeline to or from europe is 1.5 miles away,if you could find gas so close it would make our area in morocco very valuable,and it is, many thanks to P.G. and grh,keith,and many others from years ago,that no longer post. As rob pointed out its been 7 years for the early investors at 1.5pence? there patience has paid off, morocco under nda,s for deals in progress and suddenly people waking up to T.T. being big enough to fully support this company on its own or A LOT MORE! in the near future.Just 20 days to drill scap3 start date sometime in april. I keep topping up as the future numbers are off the scale, a 6 bagger just from T.T. in say 4 months time.? IF scap produces then in 60 to 90 days its profits,100% to prd ,will pay for scap4, the oil field is expected to support flow rates of 2000 to 3000 aday, so we might need scap5. dyor research,a great price to invest at.

You can always do a bed and isa transfer in 12 days, we were lucky last year when it dipped to 2p just after 5th april from memory,will make a big difference not paying tax when its a few pounds a share after morrocon deals and maybe IRELAND as well when the public see there gas and elctric bills ontop of the fuel increases already happening. im still slowly building will get some more tomorrow if below the placing price!

JUST GOT SOME MORE,SPREAD 5%...

Ive heard the doctors are working on a cure for that...!! still trying to reduce the size of the pill.. there looking for a troll to volunteer for the enema ~ j ~

Thanks to P.P. for the effort setting out what the complex deal could be in t.t. and a guide to what we might be getting per barrel. oil has fallen this morning as a temp cease fire in IRAN.. and keith good to see the deep granite is doing a great job of releasing the helium. is there any news on the helium or ppm as all quiet from paul as deal/deals in morocco are main priority. you have previously mentioned even though helium is light the deeper we go the higher the readings, has anyone drilled near our license area before? Is the 1550 ppm enough for commerciality or do we need to drill deeper or farm that out to a helium partner? we already know its value has gone up with the shortages from the war in iran, talk of semiconductor companies bidding a lot higher to secure a supply of it.

Rob from your post at 8.37 today, i have upped your conservative numbers a bit. $337071 was without oil stored and not sold, that extra was 43,260 at just $70 a barrel. if we get the ave of the rns a 30% increase next month then that is $494,430. lets say its a disaster,oil stays at $70 and we dont get 1 barrel more then x12 is $5,933,163 yearly without scap 3 or 4. if we increase by a low 20 monthly ie 2 work overs thats a extra 11 months x 10 of 110 extra minimum ,at $70 is $770 daily or x 332 days so last month minimum would be 770x30days $23,100 monthly a total minimum of $6million plus scap well or wells. times a p.e. of 10 makes any investment today a minimum of 7.4p with nothing for scap, Ireland or MORROCO. As someone has already posted any spare cash put into pred today should have a guarnteed positive return. A price of 230% increase? without the other 2 parts of our company ,or any future wells drilled in trinidad... April will not be for fools, only for the trolls/uninvested. With 500 to 1000 from scap3 expected, dyor.