Member Info for sygmaa

Yes, but for now it's best not to include helium,

so take 2/3 of $0.54.

However, by reducing the license fee from 75% to 30%, we should receive a certain amount.

How much?

Figures of 25 to 115 pence per share are circulating on the forum.

Hello EarEyeAm,

it's for a year,

otherwise it wouldn't be fun. :))

We can recalculate with a Hassi R Mel ratio of 0.35% and 31% taxes.

This could easily supply 10% of the world's helium demand,

especially given the halt in Russian production, provided it continues, and the same for Nord Stream, so that Putin buys fewer weapons.

Guercif is very well positioned for gas, but even more so for helium (minimal losses during short transport to Europe).

On the PRD project, 440 mm cbf/day with $8/1000 cbf (6.5 net) and 1% helium at $400/1000 cbf (320 net), and with a 30% for PRD (after sale 45% at a big company), I calculate almost half a dollar profit per share(full dillued) with P/E ratio you want.

These figures could be double or triple, given Europe's hunger for gas.

This is for the Titanosaurus and MOU1, 2, 3, and 4 projects alone.

Good or not?

Yes it is that IJWT.

Being very ignorant of geology, we had a lot of trouble explaining Maurel and Prom's Vandji-Congo, and we used Dan Brown to make fun of ourselves.

Then Vince (actually Vincent) arrived, a petroleum engineer at a small English oil/gas company (Puntland?), who deciphered this entire geological labyrinth for us, like in "The Name of the Rose," all the way to victory.

Then he left forever, exhausted by the trolls.

A big thank you to Teadrop and Keith for deciphering the source rock/layers/migration pathways of Guercif geology.

If 10% of those 53 billion barrels are hidden beneath the Guercif Triassic, given its perfect thermal gradient, then that will be enough for me.

Especially with a net profit margin of $20 per barrel.

=It's dangerous to lean over.

The current price of 3.05/3.20 is making me dizzy 😱

This sign (in Italian) on French trains has made generations of travelers laugh.

In addition, this gives us the means to buy a recent used drilling rig, finally giving us flexibility in terms of availability.

Thanks to KeithOz who did all the very clear comparative work on the risks/returns of the two projects.

A simple, rough back-of-the-envelope calculation:

Char's 935 million costs minus our 85 million Prd costs = 850, or rather 650 using the "NPV/time value" method since we receive it immediately = 70 pence per share (better than 6...),

and this for much more than Char's theoretical potential 7 TCF on its 3 permits,

while retaining 30% of the permit.

Another solution: we sell 100% of the 187 square kilometers of Titanosaurus + MOU1, 2, 3, and 4 (the buyer improving their NPV/IRR visibility) for the same price but keep the other 4 dinosaurs 🦖🦖🦖🦖,

with the funds to activate them

@Footandmouth in response to your post at 9:30:

God willing, I also hope we keep 51%,

that would be the best possible deal.

On forum TRP

Zaks X speaking about AIM(30/11/2025)

I heard about this maybe two days ago (?)

and since then the green squares have decreased significantly,

so they knew about it well before we did and know how to anticipate as a precaution.

Impressive.

Thank you.

We're heading towards the disappearance of trolls. 👍🏻

Continued,

This article is old/the Russian project has been abandoned, of course.

But as Seabright and Oldslow remind us, there could be 6 to 9 billion barrels below the 6 to 9 trillion cubic feet of gas.

-Of course, PRD will have a minority stake if a discovery and agreement are reached.

-Of course, it will take 5 or 6 years before the Nador refinery and pipeline are built.

-$5 or $6 billion today for a refinery/critical mass?

A sleeping partner with a minority stake, but incredibly interesting.

Old article from 2019 on the Nador refinery(out today).

Oil: A huge Moroccan-Russian refinery will be built in Nador

October 31, 2019

After two years of bankruptcy proceedings, the kingdom has just signed an agreement for the construction of a petrochemical complex in the north of the country.

A few years after the closure of Samir, the kingdom's only oil refinery, Morocco does not intend to remain idle. A new agreement worth two billion euros was signed Wednesday in Sochi between Morocco and Russia on the sidelines of the Russia-Africa Economic Forum.

According to the daily newspaper Al Massae in its Friday, October 25 edition, this agreement aims to build a new petrochemical refinery in northern Morocco, specifically in the city of Nador, where Russian technology will be used in the refining and storage of petroleum products.

The statement added that the refinery will be built in cooperation with Russian experts, who will provide their expertise, technologies, and efficient equipment to enable the Kingdom to assert its energy leadership on the African continent and internationally.

The new refinery, which will benefit from the port facilities of Nador, will initially have a refining capacity of 100,000 barrels per day, before reaching a second capacity of 200,000 barrels per day.

Al Massae also notes that MIA Energy is a company created a year ago by Rahal Boulgoute, CEO of Marita Group Holding, and Moulay Youssef El Alaoui, cousin of King Mohammed VI.

The MIA Energy press release states that the refinery project is part of an environmentally responsible approach. MIA Energy was quick to point out that the project in question will contribute to the creation of numerous direct and indirect job opportunities, particularly in the north of the kingdom, and will benefit from the equipment of the port of Nador, located in the west of the Mediterranean.

Starting with Mou 6 at the beginning of the second quarter of 2026, so April 1st confirms PG's provocative side towards trolls and traders.

He seems very confident about the data/technical standards of Mou 6.

Trial in Ireland starts on Halloween 🍬

Mou 6 drilled on April 1st 🥳

I like this kind of provocation, which tells me that PG is very confident on the subject.

Thank you, this allows quick access to several years' worth of documentation that is difficult to find elsewhere.👍🏻

Perhaps it's best not to discuss this?

I'll let PG handle this and I'll delete this post and the previous one.

GRH....

Because a major oil company demanded complete confidentiality.