Member Info for Shakeyerbooty

Read the RNS properly Troajan.11p is the MINIMUM price.The placing price is yet to be determined.

11p is the MINIMUM price.The placing price is yet to be determined.

According to Ernst & Youngs report 19/6/23 UK ranks second in Europe behind France for FDI,so we're not doing too badly compared to the rest of Europe.According to the IMF we're still in the top 10 worldwide.Inflation in Germany is 6.4% and thanks to Merkels policies they've got all sorts of problems with migrants,so I wouldn't say Germany (Europes powerhouse) is better off than us.Troajan clearly blames Brexit for everything despite Covid,Ukraine war etc.Another typical Remoaner.

MEM-Surely based on PG's figures $11.25b or £8.78b divided by say 500m shares is £17.56 per share for 3TCF.

As you stated Nevermined ,we are onshore Morocco with a gas route to Europe desperately in need of more gas,so like for like I would expect a lot more than £1.5b for 3tcf of gas.Also,PG has stated he believes he can get a minimum of $150m for 40bcf or $3.75b per tcf.If PG is correct then clearly for a minimum of 3tcf we should expect a share price in double figure pounds.I would like to see a hugely positive CPR and a placing sufficient to pay back Paul & Lonny and to drill a new well into the Jurassic.We know it would only take 7-8 days to drill,hence I believe this will all happen soonish.

Dickie-Personally I feel that we will get a lot more than £1.5b (assuming 500m shares) for the multi-tcf that I believe we have and a lot sooner.My target is very much higher and is this year.

Some points I picked up.

There is no time to set up a data room.

We want to be in a position by summer re an exit route.

We have already been approached by co's who want to buy our gas.

Volume sells the asset,not testing.

Can get up to $200m for 40bcf.

PRD is unique.

Unbelievable value here.Thanks MM's.

IJWT-You do know PRD is not on Aim,right?

Jeez.How many times do people have to be told PRD is NOT ON AIM!

Dai2belts-If you don't think the news on PRD was outstanding then you need to do some research and for the record PRD is not on AIM!. KeithOZ is indeed invested in two co's with fantastic chance to make lots of money.

Hopefully plenty more to come with testing news.

It would be interesting to know what the gap between winning the award and the acquistions were.

Om T-gram group

Courtesy of Bard!

"Previous winners of this award include AppDirect and Cloudhealth.

Salesforce acquired AppDirect in 2019 for $4.4 billion in cash and stock.

VMware acquired CloudHealth in 2020 for $5.7 billion in cash and stock.

Both acquisitions were seen as a way for the acquiring companies to expand their cloud-based offerings. Salesforce's acquisition of AppDirect gave it a platform to help businesses manage their subscriptions to cloud-based services, while VMware's acquisition of CloudHealth gave it a platform to help businesses manage their cloud costs".

***

No doubt we'll get a lot of Smithy's on here who don't even know what market PRD is on and haven't done sufficient research.Continuing the theme of other risers,a more relevant one for me was TXP who made an onshore gas discovery in Trinidad.The share price went from 20p to £1.70. a couple of years ago.However,for me,the situation in Morocco is far better.A more favourable tax regime,better infrastructure,closer to Europe and potentially a much much bigger discovery.GLA.

Has stated that for 40 BCF he would hope to get $150m-200m.Therefore 1 TCF =25x $150m (taking lower figure) = $3.75b.Divide this by say 500m shares and you get $7.5 per share or £5.50 .Plenty of scope for capital appreciation here.

Laverda-I was merely correcting making cash's calculation.Was not suggesting a placing price.Jeez.

Making cash-4 billion shares @ .75p is £ 30m.

Echo previous comments re excellent interview.RUS very very close.

No offence Paulie,but if you're a panicker,you really shouldn't be trading/investing in AIM shares.

hTTps://youtu.be/FsRkQzZ0cM0