Member Info for Traa-dy-Liooar

for a few days. What we need now is some news, what is going on with the flow tests. I suspect there might be a bit of bad blood between the companies, given the recent takeovers and PRD's offer for FRAM. Needs some impetus as to timelines.

I have posted previously that I believe Morocco wont get drilled until next year and Ireland has many hurdles to overcome, which leaves us with Trinidad. I have to say I am no the wiser were we are upto with the flow tests, have they started? it is all a bit vague. I know the takeover may be affecting timings but some clarity would be nice.

there's the regular 250k seller - very reliable. One day Rodney, one day

Yes I wouldn't be surprised if the next RNS is confirming they have just started the testing. Think we all agree some news on Trinidad would be most welcome.

but the seller(s) of 250k clips is unreal. Wish I had kept count of the amount but it really is in the realms of silly - given no notifications. Like the story and Bod but cant bring myself to commit further funds until the fog clears re the seller. Frustrating but they are clearly turning a nice safe profit at this level.

Good point. Whilst the delays have presented an opportunity to buy at low prices they have also set back Paul's timelines. You can see he is frustrated about the progress. Agree, think there is something positive bubbling away with Trinidad that we are unaware of and feel it it is close. I look forward to the day when the MM's grasp on this stock is loosened and true value is released.

continues to tread water. Company needs to up its game.

Believe Arato are long gone -companies like them do not hang around. What we have is since Arato were brought in , around spring 2019, and the subsequent placings in Feb and May this year is an increase of almost 140 million shares - we now have about 240 in total. The majority of which are 4 or sub 4 - including the substantial February placing of some 95 mill. These placeees will have averaged down so the potential overhang, if they were in for Morocco (looking more like 2021) is potentially substantial. The 250k seller{s} is still about. T and T is the potential trigger to move the sp in the short term. Paul acknowledges progress has been painfully slow for a variety of reasons out side of his control. However, bear in mind as frugal as PRD are there is an obvious cost implication if matters are not forthcoming in 2020. T and T is the play that dictates PRD's financial position in the nest 6 to 12 months - all IMO of course.

We have had a few days where 1m is dropped and most days its at least 1 or 2 250k/s being sold for months. We are supposed to have 240m shares. A question for Paul perhaps.???

It would be interesting to know if Paul is aware who the seller is as it relentless - another 1m today in 4 x 250 chunks. It is so opaque as to the seller but I would estimate 12 to 15 % of the company has been traded in this style. Makes somewhat a mockery of the regulatory bodies in terms of TR/1s etc but of course we will never know.

Content if it finishes in positive territory again. The overall direction is positive as we approach news.

Blue day, good volume, seller seems to be slowing. Set up nicely for PRD to feed news in.

Nice to see increased volume and buys/ sells. may take some time but the 4p area will be left

Took another 120 in two lots, happy to hold for 18 months or so, Paul has his timelines for PRD.

There has been a good period of consolidation around this area, mainly due to the block seller, once they are complete this should move through the gears nicely given the news flow on the horizon. Still a great entry for PI's new to the stock.

Yes the coming weeks should be very interesting with news re oil rate test for well AT-5X . T and T is firmly in the news rich period and has somewhat usurped Morocco for the time being. Morocco drew me into this stock but T and T could be the early game changer. PRD are most definitely in the driving seat and can cherry pick new opportunities as touched on in RNS of 22/7 - on their terms. T and T look the forerunner for first M and A deal.

still about. Assuming it is the same person, they must have had a notifiable position at some point as it has been daily and been going on for ages. Seem content to feed them with in a certain range.

Block seller still about. Wow he really must have had a load to sell. Can only sell once though.

Someone exiting in £2k chunks

This is all rather tiresome. You have your investing/trading strategy - we all do, but we have been here previously with your volte face. You may be correct with your assessment, indeed Morocco is somewhat opaque as to time scales and Trinidad may be weeks away, that said the company may be working on matters we are unaware of. In the grand scheme of things it really matter not. Most LTH will doubtless invest more if 2's arrive-I certainly would and I feel confident you will also increase your stated substantial holding as well - indeed maybe a TR/1 is in the offing?