Member Info for rosso123

Too many ppl believing the hype, added to by the resident narcissist, that PRD was going to swoop down through MOU-5 to find a sweet spot confirming between 6tcf and 19 tcf potential throughout multiple reservoirs. Now we see the massive knee-jerk over-reaction as punters rush for the exit on not being informed of gas. Never mind the wellhead sitting atop 30m sand interval. The dramatic drop in the sp encourages more serious investors to consider joining the throng so as to cut any losses. Might not be AIM but certainly behaves like it.

Settle in for sufficient MOU-3 flow to kick off CNG ops, then proceed steadily, with farminee, to finding the kitchen.

Eyes on Ireland too.

Essential to have them lined up in the correct order

And among the mayhem, we can spot 250k -500k buys filtering through. 5 grand here, ten grand there. Fools obv chucking their money down the drain.

Most odd indeed.

PRD sits on one of the world's largest gas basins, with great logistics and fiscal terms. Doors waiting to be blown off. Flagstaff PR join the team. Cornerstone Eva steps in with 20m. Oakwood delivers a 148p per share re-rate.

Then ...

Within the space of a few days, a preliminary update conveys some uncertainty as to timing, a crescendo of hate ensues, the sp goes into meltdown, the self-anointed Special One jumps ship, and a near-worthless Project is headed for the scrapheap.

How very odd

I remind everyone that infrastructure spending in the region has gone crazy, especially in what could be seen as a Guercif triangle. Expansion of airport (Tetouan), port (Nador), motorways. New hospitals, new police stations, office blocks, housing. Pipeline to Europe sits a few km away from Mou-5. Something very very big is going on and the money is already being spent. Do not be fooled by the doom-mongers.

Lonny wants his cash back. Any positive gas flow announcement will trigger its release.

But the positive stuff is being held back through various updates which are deliberately non-conclusive. Lowball opportunistic play underway. Somebody wants these shares. The cheaper the price, the more they can grab. Someone behind the scenes is dictating that gas flow cannot be announced until they say so. Hence delay, delay, delay.

Times up on this sp charade, which PG warned us about. Huge buy order being filled ahead of the next update, which could well be a MOU-3 cracker. Chuck in a MOU-5 well head + an explanation. Timing is everything.

If this was hitting 20p on hype I-d be seriously concerned. Remember GGP and many others which saw the sp soar, only to crash.

Here we see exactly the opposite. A one-year decline from 20p down to mid-2s. A constantly dipped sp encourages pis to exit, sentiment manipulated to create the impression all is not well. News flow adds to the uncertainty. Remember that what gets released is under the control of the Moroccan authorities.

Then look at operational progress. Always something to prevent gas flow. Wrong perforation guns, reluctance to get testing underway, RNS wording creating uncertainties. And then a bb overwhelmed by trolls.

I`ve lived in N. Morocco for 5 years. Nothing surprises me as to what`s going on over Guercif. If there`s money to be had, ppl here have ingenious ways, without stealing, as to how they go about getting it off you. It-s normal behaviour.

... the bigger the dirty tricks

Almighty big Guercif resource, national game-changer with MOU-3 swab/flow result imminent. Mountainous mix of gas is pretty much nailed on down below. You can bet your life that dirty tricks are being played out in order to redistribute shares from the many to the few. Sentiment will be manufactured, so chances are that the opposite is happening to some kind of crisis we are being led to believe. Plenty of mopping up going on. Look out for a huge sub-3p buy order having been filled at the expense of pis being fleeced by the scaremongering going on.

Introduce Al Mada/Managem so as to keep the gas securely under Moroccan control.

50% to the King and let him cover all the costs. If PG is left with just half of the oil and a couple of tcf, what do I care.

Maybe it's a 30m helium column, in which case get your order in.

"We must all wait for a RNS detailing exactly what we have found, it is entirely possible we have found a thick column of oil. We might have to drill again to find the gas/MOU-6."

An unexpected 30m of likely oil charged-sands. What's not to like about this extra, other than the lemmings jumping off the cliff because Mou-5 hasn't pinpointed an instantaneous multi-tcf gas bonanza? Suspend the well. Onwards to MOU-6.

T&T to underpin base costs.

Bolox to seismics, send down the drill, hit the sweet spot first time, it's a gusher, 15 tcf gas ready to flow. Yeah right.

All done within 6 months otherwise the market feels cheated. the trolls crow loudly and there's monumental sell-off by the rainbow-chaser brigade.

Dodgy as fook. 10 days from spud means td reached on 13 March. One day later Eva dumps 7m at 4p+. 17 March sees the sp plummet on rns ambiguities. Our Rockhopper moment cleans out weak hands. Bootfillers bringing back the sp as big pic emerges. Something smells. Eva got a nice tip off ahead of the shambles ?

Rns failed to present the big picture, allowing the doom-mongers to do their worst. Sp crash looks very manipulated, as the no-hydrocarbon statement implied a duster. Failure. 3 days later we see X pics of an oil wellhead and the bigger picture starts to form. Sp recovering strongly now. No doubt certain types have been able to fill their boots, taking full advantage of the uncertainties of gas, timings and funding implied in that rns.

Gone through a Domerian salt seal into an unexpected 30m oil sands reservoir. The Jurassic main target gas lies below in a different lower lying res but they can't continue through due to a risk of contamination. Tight seals mean no shows or leaks. Now need 3D to pinpoint another gas res updip + get a full picture what they have just entered. X photos show oily cuttings + wellhead in place for reentry. Trinidad monetisation balances the books in the meantime whilst farminee provides extra funding for 3D and Mou-5 reentry and Mou-6.

All coming together.

Soothing

Re-enter and go up-dip. Simps. Best have a good look at the data first. What's the problem?

Market response is hysteria. OMG PG incompetent, corrupt, no gas, duster, going bust, bye-bye PRD. You couldn't make it up. Oh, somebody just did. Welcome to sharetrading world where pis are cannon fodder begging to be fleeced.

Analyse the data fully. Directional drilling to hit the spot. Wellhead already installed shows confidence of flow. Just needs a couple of months patience. Market massive overreaction to delay and uncertainty created by that rns. I'd say it was ordered by the Moroccan authorities to dramatically crush the sp. Was Eva tipped off, Cornerstone Investor privilege, so buying back in at sub-3p?

Sounds more than pretty good to me.

And the sp is crashed down. Why?

So insiders can pick up batches of very cheap shares.