Member Info for Shakeyerbooty

Keith-What about the oil? And of course your figures only represent MOU5.

It was placed into compulsory liquidation on 21 Nov 2016.Google it FFS!

Gregorio-WRN has gone into liquidation.It's rise was based on false promises.It had no assets.PPP is totally different.It has assets in a safe part of the world.

InvestAce-or you could look at WRN (now there's a story).Suspended at 3p,re-opened at 17p and subsequently went to £2.30 over a few weeks based on promises.They had no real assets whereas PPP does.

Let's make it clear this is to do with SDX ,this loan shark stuff.

It seems Mr Boldy has a lot of Irish connections.Well,there's a thing.

It does seem to me that they are preparing to monetise Mou1-4 and then move onto the biggie Mou5. Trinidad and Ireland look promising.

Revenues as expected. Seem confident of extension and new agreement with customer. New discoveries adding to reserves. Hopefully not too long now before we see a substantial re-rating although could be short-term funding required from external sources.

That's the narrowest spread I've seen here for some time.

Posted by begum on another site.

The initial period of the PSC does not expire until August 2024. Provided commercial production of gas

commences before the expiry of the initial period, the term could be extended until August 2034. The

Directors consider this to be likely in view of the gas discoveries made to date.

Above from the Original IPO Document.

Hard to see extension wont be granted, the risk is minimal as the company have issued 2 RNS in June and August.

Keep faith and be patient. Regards

Not necessarily.We've been here before.No doubt it will go up 30% tomorrow lol.

Beat me to it LiH.

If you google Steven Denning,it states he is the Chairman Emeritus of General Atlantic.

Why can LSE never show the correct mid-price like another site does i.e 15.4p.

16p-Has the market got wind of something?

Is drilling MOU-5 a firm commitment in the next 12 months=YES

Are we fully funded for our firm commitments in the next 12 months=YES

Seems perfectly clear to me.

Naughtygordie,not naughtygeordie lol

It is indeed naughtygeordie-that's why in 17/5 RNS the company stated the share price in no way reflects the company's underlying long term value.

Definitely not impaled if Indi get the extension.This will head back towards a quid.

I do wish LSE would post the correct share price above.This is going up,not 17% down.