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That's imtersting Nige claiming now not to have any experience in O&G when previously you did !!!
Bold again I ask what evidance do you have that PRD is 4th ?
AV No (RNS needed) our RNS states contracted too 31/05 still 28 days left.
The bold, i'm not saying anything I'm just following the rns's.
You've put forward a timeline that I'm just trying to understand as it's not independantly verifiable
How do you know they don't have a drilling licence by the way?
People on here want a running commentarty (daily update) yet experiance shows PRD will NEVER give that.
You seem to be negative because an RNS hasn't been released (no drilling license) yet ignore the ones that contradict your prefered narrative, why is that?
Hi the Bold
Can you explain please how you arrive at your time line?
Looking at RNS's Char's window has past with no confirmation of drilling (?) "by end of Q1" PRD's window is to the end of May and Sou's window is from June.
Thebold, can you point me too the relavent RNS's from SDX, Char and Sound confirming which rig they are using
(SV101 ?) and exact dates they'll be using them, it would be intersting to see if they line up with your (poor) attempt at creating FUD in ANYWAY.
Don't worry about the PRD one I've got that one.
When PG talked about PE at the presentation, sefton, he was ABSOLUTELY not talking about delisting PRD or am i mis understanding your point?
PS why do you ALWAYS capitalise VALUE?
Im not interested In VALUE I’m interested in SP
Well Noddy to answer your questions
So what actual news was there? LOADS
What's the latest on Morocco? ON TRACK
What's the latest on Trinidad? ON TRACK
What's the latest on Ireland? ON TRACK
What's the plan for each of the above in timescales? THIS YEAR
How soon before the company runs out of money and needs to dilute shareholders again? NEXTB YEAR
Night night !!!
Must admit to "a wobble" based on reading the "raw" presentation this morning, but having come from the event I'm back on firm ground, key take-aways
MOU-5 on track as per previous guidance
#4 NOT awarded expected mid-April "no problems envisaged" PG in Morrocco from Mid-April as well,
Testing results (SJ) realistically May (my opinion)
Logistics into Morocco and general equipment availability a nightmare (cause of past delays and probable future).
“LSE valuation of PRD horrendous" Challenger (another company presenting tonight) in same boat after their “block buster" farmout.
Literally from today’s poorly (by LSE) received presentation -10% SP, PG will be looking at a Private Equity approach to unlock value.
Note to self-wait for testing results SJ and/or MOU-5 before making any investment decision, don’t listen to some of the drivel written by Noddy’s on here.
Even if delayed, fully believe PG believes they'll achieve decent follow rates and volume.