Member Info for Zebra04

"might be correct"

Its market rules, stop spouting nonsense and deramping to try get back in. Mrmm was right about u, its not even subtle anymore.

@mem I don't agree.

Paul is not one to line up his ducks. When has he ever lined up news from the different projects? I've been here since ipo and seen you come and go.

I don't think he is considering what to do to support the share price, if morroco turns up dry. Throwing in a bit of Irish news to soften the blow, isn't the type of ceo we have.

Paul is very confident in Morroco, he couldn't make that any more obvious. Nothing is for sure but I am confident in his experience from a long succesful career as a geologist.

News will come when it's ready. It would be against market rules to withold Irish news until morroco news is ready.

Just think about the complexity and all the moving pieces involved in both Ireland and Morroco. 3rd parties, governments etc etc. Currently in Ireland the government is the hold up. The lng import license could be granted at any time.

Now what is the chance major Irish news drops the same time morroco spuds? Very little, as nobody knows when morroco is happening yet and nobody can say when the Irish government will grant the license.

"Therefore substantive news will be ready to be released at the same time as the drill result". That's not how the markets work.

No raise needed. Read rns or watch interviews.

Good luck with that, although I don't think we'll get back into 2s. There's enough buyers at 3s to hold it. Also lots of sellers when approaches 4p which leaves us stuck in the 3-4p range till news.

@pwooly.
Spread is how mm's make money, so if there's low volume the spread increases. Can't let them go hungry.

There was an uncrossing trade at 3.99 and the share price was showing that trade instead of the mid price. A false blue.

Some places like Google always show the last trade as the quoted share price. Lse should show mid price but sometimes it doesn't immedialty after a uncrossing trade. Nothing to it.

Bid and ask are what matter.

There's currently 5/6 mm's on the 4p ask, so it will take some positive volume to move them all.

I don't see this going below 3p. Market sentiment is good and there's a lot going on on 3 fronts.

On top of that, pfizers vaccine works.
I wonder how long before the rig crew can be vaccinated in Canada. Once vaccinated there's no reason they can't travel to morroco and get the drill moving.

Mem were you the large seller on Friday?

Great find proselenes

"“Our amendment was prompted by the Predator Oil & Gas application to develop three floating LNG terminals.

“The failure of the Greens to support this amendment is deeply concerning and does not instil confidence that Minister Eamon Ryan will reject the application."

They'll play politics with it till eventually the energy minister accepts our proposals as the sensible option.

@mem
The health emergency is just that, a state of emergency that grants the government additional powers. Its been in place since march and is reviewed on a monthly basis. So of course it has been extended. It's not the same as a lockdown though.

Covid is here to stay. None morrocan nationals are allowed to visit for business, which you're aware of. Covid will still be here whenever the drilling takes place.

@muckle, speculation does move the market. There's plenty of oilers out there with much higher mcaps (circa 10x ours) and still no proven drill.

There's multiple targets to drill in Morroco. I too am a realist. However to invest here, one needs conviction in the management team. I'm invested in the board.

We went through the headache of a cln to secure morroco. Paul would not put the company and his own investment through that unless he was confident in the project.

On lvl 2 4p is in site.

@greendave, im also down with a 3.5p average. Not bothered as it's early days in this companies journey and a ridiculously low mcap.

I expect morroco to drill in q1 next year. Not sure why we aren't drilling sooner. It is possible even with covid restrictions.
GRH has asked flagstaff for some clarification on what is holding us up

Nicely explained GRH. There's no future for shale. Did you send your earlier message to flagstaff? From what I've also researched, morroco should be able to go ahead. We may be erroring on the side of caution.
@nico gas prices have held up surprisingly well this past week whilst everything has crashed.

@nico I don't think either would make a difference. Biden has been clear he won't ban fracking, despite what the trump camp claims.
Exxon is considering writing down $30bil in shale assets.
Regardless of who potus is, shale extraction is expensive and has already peaked.

@nico, we can't blame those countries for trying to look after thier citizens. Malaria killing thier populations is not something they're proud of. Their populations will take higher risks as they do not have the support cushions we in the West do.

Deaths still occurring by malaria, appendicitis and such in second and third world countries is a great shame. It goes to show the vastly inferior and underfunded healthcare available in those countries.

Letting covid rip through thier societies would be devastating, to put it mildly. From both a socio and economic standpoint.

"Accepting its the will of God" lol. It doesn't quite work like that. God also gave man intelligence and survival instincts.

I digress.

Morning nico. I think once the lng project gets the go ahead, that is when the Irish government will look more seriously at our corrib south and ram head licenses. As will our partners.

Initially we will be importing none fracked lng. Once the infrastructure is in place, it makes sense to extract our own gas from Irish waters. I expect corrib and ram head to take a back seat. Let's get the lng project going and then our large partners can potentially farm in and drill those 2 prospects. This all depends on the economics of the project. It may be that importing is the better option.

In Morroco we have sound, sdx, connocophillips and us. Could we have surplus gas that we could ship to Ireland? The shipping route is shorter than the proposed route of the fracked gas from America.

The lng business is far more exciting

I've rewatched the latest video. Paul confirms we have full control of predator lng. Theseus does not have a share as they do in the other Irish projects.

Nico it's split into 4 entities now. I don't have the exact names from top of my head.

Predator lng Ireland (new entity)
Irish projects ram head and corib.
Morrocon project
Trinidad project

Nice find. Wow and that is a fracked source project. When our plan is presented, surely now it'll be granted.

You lucky guys with your early retirement.

I hold 1mil shares here, rest of my investments are blue chips. This is the one I expect to be life changing if it delivers.

@hulltiger I'm well thanks, just a little surprised to see the constant selling, even after the updates. Why bother investing here to sell at 7m mcap when the company is clearly growing.

On to safer hands I suppose.

It could be him privatetesla.