Member Info for Treasures

Https://www.morningstar.co.uk/uk/news/AN_1676370383135794600/challenger-energy-sells-subsidiary-caribbean-rex-for-usd15-million.aspx

Is this it?

Giddev, good point well made but our resident bears are unsurprisingly smearing a little more honey on their porridge this morning. A bit of profit taking along with the usual trader trades which they will need to re cover. I suspect by Thursday PG will add a bit more colour. In my view presentation update was good clarity and whilst he said on vox MOU5 planned for Jan 2025 and also alluded to up to 2 weeks delay so actually not that far off. Whilst TT production delay is though a disappointment. I would expect recovery in SP underway and back where we started by Friday if not sooner.

What is it about another 9 trading days left before the next known update. I would think the sp will push on to 7 .75 max prior to 23rd which will move sp up something like 40% ish since the 5 handle around the time of the raise. Loads of info and maybe rns before then but next month or so could define the whole year. If only 1 swabbing needed for mou3 would be great but may need a 2nd scrape and maybe acid wash which has been highlighted before. If the update delivers well, the sp moves beyond 8 and adds more certainty to the warrants which will be good. Great posts appreciated so much from Keith and some value info posts from other contributors worthy of the very high upticks that they receive.

So today starts with a fantastic post by Keithoz which awakens mr boldylocks and the 3 bears, always makes me larf that does.

Ibiza

That’s a quality NYD post, love it.

PRD 2025/2026

TT pays the bills and drills

MOU3 pays us the divi

MOU5 pays the mortgage off!

Current share price will be the divi in coming years if it plays out as per my modest expectations.

When Ireland farm in eventually announced that Verm or Canada pension fund are sipping a guiness with Mr Griffiths the sp will act like it’s had a bit of helium shoved up the tailpipe that’s for sure.

Hi findme

So what you are I think saying is that the week b4 Xmas you ring PRD to speak with Paul G and the person you spoke to may have not been English as you may or not be although not sure why that is relevant, anyway this perhaps admin person doesn’t know exactly where he is ? Again not sure many businesses admin person are going to have the grand fromage just next door hanging on just in case someone calls to ask a question. If indeed PG is in Morocco that’s great and if he isn’t that’s not an issue either way and I hope he spends some time with family. Good luck with whatever you decide to invest in next with the proceeds of your sale.

Ibiza

If PRD hits a kwid I reckon there will be a bunch on here happy chartering a flight to San Antonio! Some proper juice at Gorms Garage if that’s haunt still exists - I had some great nights there back in the day!

As always a great summary Keith - this share has been stuck a bit under the quilt lately but has to awaken soon. Really interested in what the Irish farm in deal is, can’t be long now to hear about that now.

2025 that is

Hey Hartlepoolbob

I think the 3 wise men have turned up a bit early but these ones are baring gifts of fools gold, franc negativity, mer or less. They need a pint at the Marine in Seaton. Great rns and stacks to look forward to early 2015.

Hi findme

The flip side of your post is that you also see grey sky warriors rubber necking the bb’s with the most negative extreme outcome like a hawk on a post whilst also buying back the stock they forward sold etc etc etc both can be annoying depending on your own position. Someone said this would go to placing price or there abouts last week and so far to be almost correct although it’s not unusual as Tom Jones used to say when sp briefly hits the raising level

Mr PRD, would you think that had the shares not been issued an RNS would have then had to be issued. The fact that there hasn’t been an RNS is positive not negative and any financial website I looked at refers to 611 million shares in issue

Posted a zillion times I know but we are inching closer to blockbusters and the gold run!

I’ll have a C please Bob - Corrib South

I’ll have a I please Bob - Ireland

I’ll have a T please Bob - Trinny

I’ll have a M please Bob - MOU 5 hits gold and MOU 3 really annoys Mr Bold. Fold or follow Mr Bold! Choices choices!

Hi Bowlsed

Nice post, I think PG said only few weeks back Trinny production will be by year end and poss November so news could drop early and I’m guessing as soon as the green machine are out the equation after election news will flow - the majors pulled out after last Irish election and maybe a stampede first mover stuff especially zip diddly gonna happen over here now bacon bap stedddy Eddie Miliband is at the helm

Just a thought on this - if the institution has broken the holding into different funds do they still have to disclose? You would think that disclosure of the holding would be more of a positive to the sp than not notifying surely.

Maybe fund linked to Ireland - sp pops to 8p. PRD then gets another 3 million for the warrants that are exercised. The 3 million is then used as part offer at 1p for europa oil & gas. The EOG holders get a bit of equity in PRD to realise their assets in Ireland and also EG and the small income from Wressle will help short term. PRD keep Will Holland as he is good for media and also keep that Jamie fella - dump Cloughton etc and have serenity tax losses carried. That would do for me!

Very small raise - May be harsh couple of days trying to cover positions…a lot of effort being made to convince of negative hole in the boat stuff b4 the bell. They were however correct about the raise but not sure they expected so few new shares

I think you may have to shout louder cos someone bought 1/2 a million after the close..

And here we are just over an hour to close - has the trade unwound yet. I reckon another 5 million needed to close out. It’s a Bold decision! Or do they risk trying to take it back down. The buy trades might get a bit bigger! Panic panic - the words and phrases and doughts all in force to alter the mindset. End of month approaching, we hit Movember and may be production month…. panic panic panic