Member Info for rosso123

"a strong lineup of African and international energy leaders who will participate in three days of speeches, presentations, panel discussions, exhibitions, networking sessions and deal-signing ceremonies"

https://www.bbc.com/news/health-63783035

"urgently needed flu treatments"

No deed of transfer as the oil fields remain the property of the AngolaState. National Concessionaire manages who holds what licences, oversees tenders, and approves any divest of stakes. Final sign off comes from the Minister of Petroleum. It'll get the Conference off to a cracking start if he arrives with his pen.

Anyone care to explain the multitude of 100k, 200k, 500k, 1m trades today?

https://www.moroccoworldnews.com/2022/11/352282/predator-oil-amp-gas-to-commence-drilling-in-guercif-in-december

Companies House filing ...

Closure of UK establishment(s) BR017999 and overseas company FC032916 on 9 December 2019

Media outlet highlighting Guercif as potentially significant for the national economy. PRD featuring in their news, with explorers SDX, CHAR also getting god coverage on their own assets..

A few off the table at 25p.

Joined GGP at 1.77p and sat back, watched its sp soar to 38p peak, after which the unfolding of the production model resulted in severe dilution as Tribeca and Wyloo secured the future of the business, at a price. GGP now languishing at 7.5p. Similar thing could happen here when the search for big funder partners kicks in.

The more wars, the better, eh?

Working person on the average pay of £27k p.a. gets a hammering. A 5% pay rise, then ...

6% cut in real income, a further 1% cut due to threshold freeze, £250 p.m. energy bill from April, 5% extra council tax, £100 p.m extra for every 1% rise in mortgage rate.
Not going to be a lot of lower middle income earners with spare cash to invest.

Can imagine Sergeant ****phobe addressing the depleted ranks of the GGP platoon. Hold the line Smithers, no room for pansis or wusses here. Be strong, we can win this war. Hold tight, men, no falling out.

Topping up on the dip dip dip is boosting the share pot but the recurring red reminds me of this little ditty...

"Some die of drinking water, Some die of drinking beer.
Some die of constipation, And some of diarrhea.
But of all the world’s diseases, There is none that can compare.
With the drip, drip, drip of the syphilitic prick, Of the British Grenadier."

Usually done for a specific purpose. The holders foresee a near- immediate decent return. Jump out on a pre-spud 20p spike then reinvest for extra shares when the sp settles back.

I've lost track of the number of times that a drilling campaign has been hyped up. Oil shows looking good, multiple seeps, blahblahetc etc. This is going to take off, train leaving the station, blahblah.
Sp soars as hopeful pi herd pile in. And then the inevitable outcome ie uncommercial, P&A. Sp plummets, but not before a select bunch have made a small fortune for themselves by exiting on the manufactured spike.

A selection of IIs and pis

Institutional investors like Tribeca and Wyloo who are happy to hold through the next 15 years
Private investor waiting-for-production die-hard barnacles who the mms haven't been able to prise off

Gold up, and always a safe bet. Unlike volatile crypto where there's currently a bit of a rush to exit. Some pi funds no doubt finding their way here.

Guercif Basin could well turn out to be a major gas play. Not far from Sound's discovery a bit further to the north and potentially equally as exciting. Both Predator and Sound would need a funding partner for further developments. Single figure entry price for PRD is a bargain.

Could be why the big money and the big names have come in recently.

Assuming the programme has completed, results must be due from Swan, Pearl, Teach, Barbossa West, Swan East.
Possible game changer Part 2 if there's a hint this could become just a quarter of Hav.

Now back to normal. 6.25 - 6.33