Member Info for Zebra04

@seabright globalisation will fail? What a load of nonsense.

Whilst you post from a device that was produced using labour and components from all around the world. Making technology affordable for the average joe is one of the many benefits of globalisation. Then look at all the benfits that technology has provided you. Ever paid with visa or Mastercard? Globalisation.

Let's not blame others for Our problems.

"Until we the people end this"

How about researching our economy and government spending. The largest increase in government spending is down to people living longer. More pensions, healthcare, social care etc. That becomes a problem when there isn't enough young people to support the aging population.

The fact of the matter is that most people will never contribute more to the economy than they take out. If someone was to work from graduation to retirement then live to 90. They would need to earn an average of £65k to pay sufficient tax and NI to be a net contributor.

It's generally a positive when an economy turns from a labour based to a service based. The latter provides higher salaried jobs which leads to higher tax revenue.

1. Paul has said on three occasions that prd is looking to go into hydrogen.
2. Paul happens to be a director of another hydrogen company.
3. That company decides to sell its shares in prd, not Paul himself.
4. The rns states it's to avoid a now conflict of interest.
5. That suggests we're making progress with our own hydrogen endeavour and thus there's a conflict of interest.
6. Even though Paul is on the board of that hydrogen company, the company still has to notify prd and so the wording is as such.

Nothing else to it.

Down 13% on 700kish shares sold.

I've been here since ipo, seen rampers and derampers come and go.

I've not always seen eye to eye with grh however I have to give credit where it's due. He managed to buy a huge number of shares at the literal bottom, 1.75p if I remember correctly.

He timed it better than all the rest of us, I topped up at 2/3p levels and reached my target holding with an average of 3.5p

On paper he has 10x and around 6.5x for myself and both held onto all our shares as we felt it was far undervalued still based on our research.

I've invested and continue to do so based on my own research and the ceo. However you have to give credibility to someone who has got it correct on two previous occasions in this sector. It's a difficult sector to call right let alone consistently.

Generally in life its worth listening to those who are older and have the relevant experience.

That doesn't mean you blindly follow them but it does mean the company is worth looking into and making your own decisions.

I don't advocate sharing personal information on here.

@redbox it's pretty obvious a lot of posters are much older on this board and so for them it has more social value than it will to younger investors. It's possible to express your disagreement in a more respectful manner.

Yet we're down 16% on 3mil volume.
Nothing has changed.

Negative overall market sentiment. Nothing wrong with prd, it doesn't take much to move either direction and so larger drop than others.

@matt it's crazy that they are okay with issuing a bs RNS. There's contracts and rns from both companies over the years detailing the partnership and monetary terms.

They'll settle by handing over fram. Let's not forget they have other projects in Trinidad. The government will intervene and transfer control of fram.

Challenger is broke, more likely scenario is transfer of ownership of fram to us.

Paul's left with no choice but to legally pursue it. Trinidad had taken a long time to get to where we were and then challenger abruptly stopped the project.

I don't think this will be a distraction, management shown they can manage multiple projects and I expect the lawyers to be left to deal with it. It's a clear case, challenger has breached thier contract.

Opportunity to pick up cheap shares.

Obadhia is correct.

Worthy of a repost though.

Relationships have thawed and owning a large gas field with a pipeline to Europe gives Israel geopolitical leverage.

Delek know what they know from thier Leviathans data and now they are interested in morroco. Leviathan has huge reserves, enough to supply Israel for 40 years.

Definitely a potential partner. It has taken years to get to where we are and so it makes sense for them instead of starting over. Especially when our end goal is to exit and they then get full control.

https://news.sky.com/story/ukraine-war-lithuania-reveals-how-it-is-breaking-away-from-dependence-on-russian-energy-12622499

Good to see FSRU offered as a solution in mainstream media.

Agree with Grh, it shows the quality of the ceo here.

Great read, concise and full of facts.
The diagram showing existing and planned fsru projects around Europe is great. It will help sway public/political opinion. "Everyone else is doing it".

BTW mag mell is worth Billions over its lifespan.

Tim you're clearly still bitter at selling at a loss. Hence the nonsense reply.

Surprised I haven't blocked you already. You're one of those short term ones John mentions and I'd add weak hands to that as well.

27mil market cap and farminee funding being the likely funding source. That taking dilution fear away I'm surprised the sp hasn't jumped.

Thanks Paul

I agree with you GRH, seen many come and go.

Whenever I find a company I'm confident in, my intention is to build a large position over a period of Time unless the fundamentals/story changes.

The markets are crashing hard, no more inflated price to earnings ratios. There's a not better time to hold a share that is sat on huge gas reserves. There's a lot of money on the sidelines waiting for a winner amongst all this turmoil.

@keith

Mou1 data hasnt changed. Prd has fallen in April like most of the market. I don't agree that means the market now assumes the data is dodgy. Its impatience and people liquidating from markets. Prd was doing well whilst most portfolios were beating beaten up.

The data is out there for you to look at.

I agree I wasn't a fan of lonny tweeting and did not comment at the time. I prefer Paul's style of only commenting when there's something to say but many here called for more regular communications.

Personally i would rather wait for Paul's preferred funding arrangement. Knowing him he won't take notice of the share price and the noise on chat boards.

There's a shortage/delay of everything. For example with chip shortages the big players like apple although they have priority of supply are still feeling it.

I imagine long lead items required will be on back order. The supply will have been taken by the major oilers. They've been asked to increase thier outputs to help increasing prices after being forced to reduce during the lockdowns. They can easily outbid small player like us.

Patience and conviction in your investments, there's bleeding across all the market.

Still holding 1 mil shares. The gas is there and not going anywhere.