Member Info for swizz

Ireland’s environment minister now adding further supportive comments,..GL S

https://www.irishexaminer.com/news/arid-41612197.html

Mab, I understand your thoughts and they make sense, although I am in a different mindset, ..GL S

As follows,..

LU Reinstated - This is the outcome we all want, albeit with us being the minority equity holder in SEL 1/11,, we have to be respectful that BOE as the operator, have to lead the lobbying and I understand that they are.

ECT - Landsdowne, along with others, can provide significant leverage for BOE with the Irish government, to provide a very robust counter balance to the lease undertaking reinstatement negotiations, so having the lit funding in a very advanced stage is essential in my opinion.

RTO - We clearly have been provided with very helpful support from the market and I am sure this is in part, is reflecting the information that the Lansdowne board and their advisors have provided to AIM, although, if a suitable project and deal structure can be finalised, I think the two sides can complement each other, so I would be supportive of that approach and fwiw, the circa 15% of votes that I/we have, will be in support of the RTO.

With the exception of a few years recently when I had to step away for a medical time out, I have been involved in the small and micro cap sector since the mid nineties and I cannot recall in those 30 years anyone talking their own book down, so an interesting perspective from GRH and it’s certainly a new one on me, they do say you never stop learning!,..GL S

You will also be able to note that along with Predator, both Barryroe and Lansdowne are still maintaining their license interests in Ireland,..GL S

https://www.gov.ie/pdf/?file=https://assets.gov.ie/320187/07b23d27-cc04-46a9-822a-52806d35b3a4.pdf#page=null

K'oz, just a small tweak on your synopsis below, Barryroe Offshore Energy has not been wound up, they navigated through an examiner process in the Irish Courts and successfully achieved a court approved "scheme of arrangement" and they are now under the full control and ownership of a Larry Goodman vehicle, know as Vevan Unlimited, plus, some of technical and leadership personal were retained and are still connected to the company to this day, one of which is the CEO Alan Curran, whilst it is no longer a publicly listed company, they are very much alive and breathing (company number 268662) and I would hope in the very near future we will see their strategic plans unfold and as you have detailed they are the operator of SEL 1/11 with an 80% equity holding,..GL S

Good to note we have supportive backdrop of strengthening commercial ties, which could be complimentary to any future development,..GL S

Link from yesterday,..

Morocco-United Kingdom: the strategic partnership that includes the southern provinces

The United Kingdom has reaffirmed its support for British investments in Western Sahara, as part of its strategy to strengthen its commercial relations with Morocco

https://www.atalayar.com/en/articulo/politics/morocco-united-kingdom-the-strategic-partnership-that-includes-the-southern-provinces/20250331132744212882.html

Ditto, it’s pathetic,.. GL S

Just being mindful of when the drilling works were brought to a temporary pause, you would hope the petrochemical analysis of the MOU5 data was at an advanced stage now and hopefully ready for wider circulation, but perhaps some in country protocols need to be observed first,..GL S

Plus, this will be fully registered with the relevant departments in Ireland’s new government, the business case for indigenous resources is now extremely strong and continues to gain strength,..

Commentary: US LNG exporters could hit methane snag in Europe

https://www.reuters.com/markets/commodities/us-lng-exporters-could-hit-methane-snag-europe-jain-boersma-2025-03-28/

Btw, some might find point 3 of interest on the following,..

https://ryanresearch.substack.com/p/3-big-policies-to-fix-irelands-economy

Good to note some interest returning to the various projects and the collective PRD potential and I am sure the near term petrochemical analysis will provide some valuable in depth insight,

Plus, I understand the Ireland visit and various meetings are wrapping up today, so hopefully some context to the various conversations that have taken place, will not be too far away, ..GL S

Good to note Peter Ryan’s supportive commentary of Barryroe continues, of particular note is point 3,..GL S

3 Big Policies To Fix Ireland's Economy

https://open.substack.com/pub/ryanresearch/p/3-big-policies-to-fix-irelands-economy?utm_campaign=post&utm_medium=web

Good to note common sense has prevailed, as it would have been very ill advised of LB, to try and navigate through any financial agreement or resolution via social media, hopefully everyone’s focus and attention can return to the asset development plans, along with the qualified petrochemical analysts data for MOU5, which I understand is not too far away, ..GL S

I think they will be waiting a little longer than expected, the phrase cease and desist springs to mind,..GL S

DR, that’s not how it works in Ireland and unfortunately it tends be very slow moving and despite the anchor of the Green Party being removed, there is still a lot of political sensitivity that has to be negotiated, but it is very evident that the landscape has moved in a positive direction and towards us, so please don’t read into the silence as a negative, it’s just how it works in Ireland and I know at least one board member was there, as we were exchanging messages with each other, just as he had landed in Dublin, ..GL S

I would concede a couple of those have been mine, as part of an order my AB is working for me, but not today, so far as I am aware, ..GL S

They are on record as saying that they do plan to liquidate the shares for cash in an orderly way, hopefully the PRG board will have instructed their broker to facilitate and support the disposals, plus there may be more than a tenuous link to some of the synthetic shares that have been traded in recent weeks,..GL S

The key word is “unrestricted” there is no lock in and I would agree, it is a very pertinent observation by K’oz, and it is very likely that the shares have been forward sold, ..GL S

It’s a fair question and as I touched on it last night, the doomsday hyperbole is extraordinary, even euphoric disciples have completely flipped into the darkest frame of minds, I sense we won’t be seeing any more Michael Caine memes for a while, hopefully the focus on qualified results and data will return soon, as I sense some shareholders are at risk of getting caught in this stampede of fear, ..GL S

Good summary r123, the doomsday hyperbole is extraordinary and I also fully concede that there have been a number of mishaps by PG, but the current climate of accusations and speculation has created an unprecedented buying opportunity in my opinion,

I am just sorry to see, so many longstanding shareholders are caught up in this stampede of fear, the underlying assets and associated projects are still extremely viable despite the chaotic noise, … GL S