Member Info for razel2000

Just paid. Nice

I too am excited about the possible flow rate of the side track, even more so with it being 100m longer than planned. Keep day dreaming of an RNS saying 1000 bopd. Just think what that would do to the sp.

I agree that if there is no news there is no news. But LR has been very very quiet. Why won’t he come out and say.... I am looking at various options and talking with a number of parties with the view to......

IMO PRD will fly in the near/mid term. Why people are selling with their 10% is crazy when you could hold for the big rewards

Great update today about the sidetrack. But how the heck are we even on the day!

Yes, PRD is a great stock. Check out BLOE as well.

Not me. Put £3,500 in this over 6 months and it’s now worth £700 on a dummy sell! Shocking.

We have a good idea of the value of the asset following the recent released SS with actual numbers. But the sentiment is down due to lack of funding. LR needs to address this quickly, even if it’s just in an interview or RNS describing they funding methods or JV or partial sale they are looking at.

This is painful!

I have no idea what LR might be working on but he needs to do something quicky to restore confidence/sentiment and provide an update on how they plan to fund proposed activities. Great price to average down once again.

Kdogg, the sp went down because we still don’t have approval or at least that is my understanding. It says ‘Approval is subject to obtaining all necessary consents, including Certificate of Environmental Clearance and other similar approvals from the Environmental Management Authority as well as all requisite consents, permits and approvals from the Ministry of Energy and Energy Industries in order to undertake the C02 Pilot Project. These approvals are progressing and do not impact the current schedule of in-field activities planned over the coming weeks in preparation for C02 injection.’ So we are still waiting for environmental approval, and from The ministry

When was this?

Definitely. Yes, they will need cash but the last thing anyone needs is a raise through the issue of billions of shares and I think LR knows this. A joint venture or partial sale would be great to get sentiment pack and a sp rise.

Brad I guess you are aldo invested here? I was expecting so much more this week. Is a poor market this week which is also not helping.

Little update in an interview with Justin just now.

I cannot believe where this is. Why the big drop today?

It’s only a matter of time before the value of this asset is reflected in the sp.

Looking at the trades so far. Not much has been sold at all. A few buyers and this could do well today.

Might see more on the partial sale/joint venture.

Looks like a slow start.