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The allegation in an article from a site of certain repute was that it was hidden from investors that PG was part owner of Theseus which is the JV partner in Ireland. The further allegation was that this undermined claims of PG being aligned with shareholders.

As Micktrick has shown, the interest was declared openly in the prospectus so the first claim is unfounded. As to the second claim it was misguided anyway. If PG has a greater interest in Ireland than just his holdings in PRD, he has even more skin in the game and is even more committed to that project than his shareholding in PRD would show on its own.

Well spotted Micktrick, bit odd that as there was nothing controversial in either post, it's all there in the public domain to see.

Thanks for the research

Oh yes, we are all quite interested in you answering the questions you have been avoiding

Thanks wooly, a number of posters here recently ticking an awful lot of those boxes. It's getting boring now.

Cash has properly been paid out to the likes of drilling companies yes. The directors have been paid, relatively modest sums in the circumstances where projects have visibly proceeded. No, cash has not merely flowed out to suspicious groups for unclear reasons. If anything, the entities raved about here have allowed cash to flow in.

So I repeat the questions you have singularly failed to answer, despite promising to do so. You, who have demonstrated your own unreliability and untrustworthy nature as a result. What is your experience? What is your background? What is your precise interest in PRD?

Nigel, key stage 1 even if you are able to. What is your background? What is your experience. And I will add, what is your precise interest in PRD?

Only no cash has flowed out of PRD has it? So it is still about whether there are assets there worth serious money. It may be a question of what proportion we each get, but on any measure, to be worthwhile, it's a damned site more than 5p

To voice a potentially obvious but unusual point - none of this represents any value to anyone if PRD does not come good on its assets. If there is not gas, if T&T is a dud, and if Ireland is a pipedream then no matter how many millions of shares one is given, one is left with nothing.

Arato did not get all shares for nothing, it paid very large sums into prd facilitating the successful utilisation of Morocco.

If there is a debate as to what fair value is to shareholders of the assets, it is a debate that only matters of there truly is value there to be shared. As such it is wholly inconsistent with the theory that RP sold out because PRD is a dud.

If I had to chose between 100% of nothing or 25% of a very large something I take the 25%. We can examine whether anything underhand occured later if needs be. For now, we just need to continue to demonstrate that the assets have the very large promise they have indicated to date.

My message was to Nigel of course

Was that a long way of saying that you don't actually have a tangible opinion of the probability of any figures yourself?

As such, your own views (whatever they are as you have not said) would be wild speculation also on your analysis.

None of these numbers are certain, but they are based on published data. You can contribute to their analysis or you can just make noise to feel big.

Before the CLN, therefore before Morocco, PRD was much more of a punt. Trinidad sounded great but with huge uncertainty as to whether it would work. Placings now are over subscribed, but I don't know that would have been the case at the time. Many of us here spent months complaining about the CLN and its effect, but it got us Morocco and I am far from convinced there was a viable alternative at the time. These insinuations reek of conspiracy theory tinfoil hat time. The raise for the CLN clearance came at a time when the company at its core looked much more attractive. Paul's own relief at ending the warrants was palpable and it had nothing to do with anything being "found out".

As to "hidden" ownership, this is the blinkered and wrong headed approach the likes of HMRC take. Isle of Man is a great place to incorporate due to its tax regime. With it comes non public ownership whether you wanted it or not. To assume that the motivation is to hide again reeks of conspiracy theory time.

I've been in shares where TW has thrown around similar accusations and nothing has come of it because it was nonsense. Again stopped clocks are occasionally right but it does little to recommend regular reliance on them.

In all honesty, Paul's communication has been a constant feature of this share. The lack of comms. during the CLN spiral was infuriating, but it was clear that he has plans and will keep them to himself. Only recently has the rate of interviews increased so to me this has been a factor I've experienced and accepted 'to a degree'. As others I had hopes the IR/PR firm would change that but it didn't.

The only point I make is one can't try to apply normal expected standards when deciding why PRD did or didn't include xyz in any announcements

Well at least you know you had us running around as a result!

That does make sense, so sitting now on £1.575m

I'm not sure if the 1.785 is still for a secret project or generally applicable for the list of future work in the last RNS.

I was just about to post the same and ask whether I was being particularly dense and not seeing it.

The June placing of £1.5m and the July placing of £1.3m give an extra £2.8m not on that list which leaves a similar final figure if that one is omitted.

That isn't a serious question though is it Geowiz? It's one you have asked perhaps a dozen times now only you don't participate in the reasoned debate that follows. You already know all the answers that are available yet you ask again anyway. Just like you now know this drill did not miss and you know why that target was drilled. Yet you return with a very clear disruptive agenda. I don't care whether your reasons are personal puerile or professional, that is not reasoned balanced contribution.

definitely a buy - its the same price as buys around it and when I was testing around then the buy price rose to 4.8 even but the sell price stayed at around 4.73

I added at 4.7445 also marked as sell.

If the likes of Nigel had any messages of substance it would have been worth listening to. Running around in circles saying "we're" doomed is no more a sensible message to listen to than someone wearing s sandwich board saying the end is nigh. If an apocalyptic event occurs it does not prove them to have been right. It's no more a coincidence than a stopped clock being right. There is no indication whatsoever that they were right on all the technical aspects of the RNS - the opposite is true. There was no indication in their messages that issues such as the director selling would occur, therefore they gave no helpful guidance on that either.

As some have said here, with hindsight it would have been nice to sell higher and buy low, but with the knowledge available at the time that would have been an unreasonable gamble. 100-1 shots pay off, but they are rarely sensible bets. People win the lottery despite it seeming almost impossible that any one person will.

That's a nice summary and a very similar position I find myself in.

Peaceful isn't it