Member Info for pawnsacrifice

Interesting imo.
The U.S owners have submitted their plans for the 650 euro LNG) terminal in the Shannon estuary despite gov noise to the contrary.
Seems the law may be on the developers side not the greens.
If so they'll be forced to consider/accept Pauls plans as the lesser evil imho.
https://www.irishtimes.com/business/energy-and-resources/new-plans-to-be-submitted-for-650m-shannon-gas-terminal-1.4600625

Being a bit slow to the punch this a.m. Off for Coffee. ATB to the short term punter.
LTI's MEH.

and as explained at the other place he hasn't sold down. Pauls shares being reallocated has changed his percentage of the co. is all.

Bloomberg have him as an ex director,couldn't read more as I didn't accept their cookie policy.

https://www.bloomberg.com/profile/person/20626628

So took a few more. beginning to feel like a LTI.

There's a few oil/gas newsites out there picked up on this one (google search) and seen a couple already focussed on this line which I fully approve of..
"SUMMARY
Predator has described the project as "potentially the single most important catalyst to creating near-term shareholder value over the last three years."

https://www.naturalgasworld.com/predator-spuds-moroccan-well-89412
https://www.naturalgasworld.com/predator-spuds-moroccan-well-89412

Yes but the greens in ireland are lunatics.
https://www.irishexaminer.com/business/economy/arid-40315430.html

If you check back MEM you'll find i did my long term investing at 4p and encouraged others to do the same. Now I'm back to attempt to profit from what may well be a very lucrative drill and very happy to be doing so.

Maybe, maybe not. I'm not really up enough with how far they've progressed recently with the rest of the projects at the mo to give a considered reply on that.
I'm in again from last week on the back of the drill announced today and see it as a very decent punt now its back at placing price. Minimal patience needed and an absolutely huge target to go for too.
What more could a smallcap trader want?

Surprised at the lack of comprehension on the board this a.m.
Guess you're all needing stronger coffee!

To be fair with only a 20 day drill its only really important the drill hits gas and lots of it.
Patience needs to be minimal now imho.

Yes good RNS. All about updating (as much as possible) and settling the market.

To be fair this one was rising. Didn't it peak around 22p before the placing pulled the rug from under it?

Only a guess but maybe the stock still wants to touch base on the placing price?

Should imagine they're happy they were selling at half that price last year. This recovery must be do wonders for their cashflow.

"The current year revenue from sales of crude oil of $1,255,000 (2019: $314,000) comprised the sale of 34,421 barrels (2019: 5,210 barrels) of oil, which equated to average revenue of $36.45 (2019: $60.29) per barrel."

Agreed, very impressed with the Irish news and before they've done Phase IIb Clinical Trials too.
Does this open the door for all of Europe seeing Irelands part of the club?

OK no real volume but holding well again today so far. Beginning to suffer FOMO!

Glad he's got his shares back. Word kept much happier today.

No it was headroom...
"The Company does not presently have sufficient headroom to enable the issue and admission of all of the 17,000,000 Placing Shares which are required to be issued pursuant to the Placing without the production of an FCA approved prospectus."

While we're a bit quiet anyway can anyone answer a question on Pauls shares?
In the first placing this year as everyone knows Paul had to lend just over 11m of his own shares as the co. didn't have the authority to issue as many as the needed to and he was to have his shares back as soon as the co. was able to issue again.
Then they have this new placing of 10m shares and once again state that they'll give Paul his shares back as soon as they're authorised to issue more shares again??
Got me a bit confused as I can't understand how they were able to issue more shares recently (ie what has changed since arch) and secondly why didn't they keep their word from march and give Paul his shares back first?
Anyone have an understanding of how this has played out as it has?