Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Did not PG say at the presentation that Bank facilities have been agreed, in principle, upon positive drill news?
I have absolutely NO idea. Nor dare I mention what I hope might be upside.
I am sure the brilliant Methodolgy would not mind me representing a small part of his fabulous piece from Reddit, 'The Sleeping Giant' ....
13. Flow rates: $umming it up
Company estimates: 50mmscfd
At $16 per mcf, that’s $800,000 worth of flowing gas per day.
$600,000 Net to PRD (After partner ONHYM 25%)
$219M Gross to PRD per Annum.
$159M Net profit per annum to PRD after costs.
Recent presentation:
135BCF via CNG is worth= £2.67 per share
EMV net un-discounted revenues $1.317B
Others have gone higher since. Of course, disappointment remains a possibilty. But plenty of real estate to keep trying. And T&T. And Ireland.
PG in RNS 8/11
However MOU-2 and MOU-1 rigless testing could potentially confirm continuity of the Moulouya Fan over an area of 30km² to support a case for the higher end of the net contingent gas resources to the Company of 708 BCF, as defined in the independent SLR Consulting Ireland Ltd. ("SLR") Competent Persons Report ("CPR"), (February 2020 and January 2022 "MOU-4" updated). If this were the case the Company would not hesitate to initiate a corporate transaction to monetise shareholder value.
There we have it. Not long to find out.............
PRD apart, for the reasons you suggest, I guess charting can become self fulfilling if enough active traders use them.
‘Just give me the facts, ma’am. Just the facts.’
I very much hope that the recent unpleasant spat has not ended your attendance and contributions here.
Your insight and knowledge is certainly appreciated by many.
We have lost one wise man, whilst others have very limited contributions lately.
Please stay involved.....
MEM
Regards setting up a North America presence and working with the big boys.....
Brings me to a serious question. What do we have that the 'big boys' don't in terms of knowledge / equipment? Seems to me that we have 'position' and relationships in T&T, which may well yield high value over time. But the 'big boys' seem to be well advanced in CCS EOR sector and can develop / progress solutions in-house. There are hundres of such projects up and running across the world and Saudi Aramco, Chevron, Al Reyadah, Petrobras definately in the van.
Just interested. Not being provocative or negative.
Blimey, DR.
I am pretty sure the brilliant C7 is not JR Hartley. But who knows? ;-)
C7
I will post links to the various turbidite research papers I have published (except that would give my identity away!)
I'll guess first. JR Hartley? :-)
B……. Certainly not gloating. Just fed up of people moaning. Will PRD shine? Either it will or either it won’t. If they find what they think is there, then very exciting.
GLA
Seemingly, the only ones crying are those who didn’t cash in quickly enough to catch a few bobs profit. And sulking that may not see similar pre spud p&d opportunity pre spud this time.
Those of us who sat it out for the long game are still here. Waiting quietly.
I get the impression that PG has a mindset to deliver for LTH and is not enthused to making easy opportunities for day trippers who look to pump and dump.
If you want in….. get in. And wait.
All this going on from a two man band across three continents.
All available for 8/9p.
How exciting!
From well respected Mount Teide....
As a result of the political shenanigans in Chad, to facilitate the fast track completion of the South Sudan deal(an asset sale of far greater importance to both Petronas and Savannah), it would not surprise me if they purposely ended the C&C deal.
And shared the cash adjustment SAVE would have received from the C&C deal, in such a way that SAVE got their half as a discount on the South Sudan deal.
That's what I would have put to Petronas in AK's shoes. With an unwritten agreement from Petronas, they would retain the C&C assets for at least 5 years to frustrate the potential for any further shenanigans from compromised elements within the Chad Government bearing fruit.
Ha ha..... I thought that as well. Mind you, might have been something to have thought about before going public.
Could be sorted speedily, I guess. But tone of statement is pretty defiant!
https://www.einnews.com/pr_news/606034782/chad-vigorously-contests-savannah-energy-plc-s-purported-completed-acquisition-of-esso-s-petroleum-assets-in-chad
Well........ we have a problem, Houston!!
BRV....... that is a direct question which Flagstaff should be able to answer, I would guess.
Ignorant post. They can’t just chose to commence whilst missing a few items of inventory. They explained they had items in trucks after being jacked off sea freight.
This will take care of itself in short order.
Relax.
Well highlighted, Keith.
Just a little more patience required for LTH. Who cares about the shorters.
Bob…. From a genuine Taff to a genuine Northerner.
God bless you and your family, mate.
Xx