Member Info for Silverfoil13

Beg to differ he’s nothing like Trump. Whatever you think of him as a person Trump is out there trying to make things happen all over the place to try to shake up the conventional wisdoms that have dragged the western world down for the last 15/20 years. Not least getting a grip on immigration, reducing taxes, slashing red tape, bureaucracy and looney woke ideology, engaging world leaders on prolific level to try to resolve long standing conflicts. For a man approaching 80 he shows energy levels that many younger leaders can only watch on in awe.

Hi Paname AI says

Apparently Dietmar Schumacher is a respected geologist and consultant in petroleum exploration, particularly known for his work on surface geochemical methods—like detecting hydrocarbon microseepage to improve exploration success rates.

He theorised that Integrating Hydrocarbon Microseepage Data with Seismic Data Doubles Exploration Success and discusses how combining microseepage data with seismic information significantly enhanced exploration outcomes.

It is suggested that wells drilled on prospects associated with positive microseepage anomalies 82 % were completed as commercial discoveries. In contrast, only 11 %… without… microseepage anomaly resulted in discoveries.

Well PB I’m comfortable with BRV low estimate of 36p a share which gives me a 7 fold gain. Anything approaching Jasper’s estimates starting at £1.45 take me into a whole new ball game financially as a pensioner!!

Mere mortals like me on here are constantly confused by jargon so courtesy of AI my understanding is that delineation is working out how big your gas find is. Overbalanced means maintaining safe and controlled drilling. Formation damage is a bad thing hurting the rocks ability to flow gas into a well like clogging the pores of a sponge often caused by overbalanced drilling. Therefore PRD is now designing a new well—MOU‑6—with an optimized mud program and drilling strategy aimed at mitigating formation damage so we can work out how big our gas find is.

Who is Jasper and where/who is he getting this information from?

In plain English

They’ve measured the formation pressure. Using this pressure data, they’ve calculated the minimum mud weight (SG) needed to:

Prevent a kick (uncontrolled flow of formation fluids into the well) and

Control the formation pressure without overbalancing and damaging the reservoir.

Not sure how many drills and well tests PRD have now conducted but it is very frustrating that they have not managed to get gas to flow yet even though there is supposed to be multiple TCFs of gas just waiting to be tapped into. I’ve moved my expectations into 2026 and 2027 now so anything before then will be a bonus and in the meantime I’ll just enjoyed the Falklands story finally coming to fruition!

I like that Bailiff!

Are there any reports from this meeting or have I missed something?!

15 years for the Falklands about to get underway finally in 2027

The MHRA fiasco absolutely made my blood boil! Utter incompetence! I wrote to our MP and the Minister of State but might as well have whistled in the wind! I despair of government organisations. I have an ongoing situation with a council who duplicated a significant death benefit paid to my late sisters estate 18 months ago. I have asked for their bank details by registered post 4x to repay the duplication .. nothing. Unbelievable!

There is always an inverse relationship between risk and reward. PRD is obviously a high risk investment but the potential returns could equally spectacular. Over a £1 is quite possible which is a 10-20 fold return for most people on here! I’ve just seen Man Utd are 40/1 to win the Premiership; high risk but I’m going to have a punt!!

Inspite of the disappointment today decided to buy back the 50000 shares I sold last week at 6p having originally bought them as a small top up at under 3p at the end of March. Still trust and respect Keith, GRH and Jasper etc because the information they provide is always so detailed and well researched. If they are still in here which I’m sure they are I’m happy to be here too. I waited 12 years for RKH I’m sure PRD will be quicker. I fancy 30p at some point later in 2025

I’m evenly spread between RKH, BOR and PRD thank goodness the first 2 are up 200% this year to compensate for the interminable wait on PRD. I have been really excited about PRD this week but like the England football team (men’s) we manage to snatch defeat from the jaws of victory .. could we replace PG with a female CEO please?

Always jam tomorrow! Hey ho!

Surprised they managed to do this before FID suggests that they have already made the decision which is incredibly exciting. This will be back up to 70p in no time. Shows how much interest there is out there now. Amazing.

Been a few times like this over last couple of years when as an RNS approached I felt excitement and expectation only to be disappointed; really hope this doesn’t happen yet again.

Whenever I ask chatGPT a question I always follow their answer up with a “are you sure that’s right” or “could you double check that” or I challenge a part of their answer

Testing had commenced by July 21st and the RNS said it would take 10 days. Not sure how long it takes to analyse results and prepare an RNS but can’t be far away

I was lucky to have a punt in Dana Petroleum 20 years ago which did incredibly well and was finally taken over.