Member Info for Zebra04

29million shares are accounted for. The remaining 50 or so could be anyone

From the prospectus. Each ones share holding increases by 312500. At placing price that is only £12.5k.

Management will own a total of 28%.
These were the large buyers at the placing.
Sanderson capital partners limited who will own 5% post placing. They bought 10mil shares at £400k.
Global prime partners nominess the same at 5%.
Spreadex 3.8%

Yes I was wrong Mr mm. I believed what Paul said at the time. And yes at the time there was only 8% dilution. I accept I was wrong and decided to average down and wait.

At the back of our minds we all knew there's a risk of a placing when it comes to all small cap shares.

It appears you were more sure than others of the placing yet you held to then watch the sp come down 30%. Well done.

Like you we all regret not selling above 6p and buying back at 4. Hindsight ay. However unlike yourself we accept our choices and continue to wait.

I don't have the effort to dig out your old posts, but u went from hyper ramping to deramping to now trying to appear level headed.

Anyways, the end.

No J

No J

Mrmm I don't think well be at these prices come spud. If I did I would sell and recover my losses elsewhere.

SDX finished with drill mid March, takes ten days to move rig over and then 19days to drill. Takes us to mid April.

I am not expecting any news for when the placing shares hit the market. What's the point? Paul has given enough information in the prospectus and now we have to wait. It takes two months to repressurise the co2 Wells so that takes us to the end of march.

I think Mm's will keep the price here until the placing shares hit. Why move it up and give incentive to new share holders to flip.

Buys going through blue now and the quoted spread has come down to reflect true spread.

Hopefully this means there aren't many 4p shares left to get through

2 market makers left at the bid and ask. Was 4 on Friday.

We've had around 12.5million shares traded since then. Around £500k and not many of those have been sells.

does anybody have the total net buys since the placing announcement and any idea how much stock left at these prices?

That's why diversifying is good. I have active and passive investments. Looks like Friday was a good day for your previous investments so I can understand your frustration.

It's taken longer here than we all anticipated. However we have never had sustained high volume like this. The size of the trades has gone up. Money is flowing in.

I don't want to tell you what to do with your money. But considering we've been here a long time. It wouldn't be prudent to sell at the bottom with a 30% loss. 6-10 weeks you should have an opportunity to sell above 6p.

Gl with however you decide to play it

Not long left flyboy.
Rig mobilisation can occur within a window commencing 15 March 2020 and ending 30 April 2020, unless otherwise agreed by mutual consent of the Parties. By time of drilling we shouldn't be sat at these low prices. The herd will come. Trinidad news along the way will be icing on the cake.

28th Feb will be interesting to see what happened when the new shares hit the market.

I've brought my average down to 6.0p and continue to patiently hold.

I've only got two trades down as sells today. Both at 4.115p.
The volume should be churning through shares at this price

There is also only 1.01million left of the cln which is fully covered by the returnable Bank guarantee.

Once this tranch of shares have been sold its 90k shares to move up to 5.1 ask. £125k was traded today, I have most down as buys

The Net Placing Proceeds will be used to complete and supervise CO2 EOR Pilot Project start-up to “first oil” including: third party HSE monitoring; management of well operations and downhole completions; civil works and road maintenance for truck deliveries; additional well workovers and down-hole equipment; dedicated CO2 site security; generator and installation for reliable power supply; telecommunications; Massy CO2 operator costs; standby CO2 supply; real-time reservoir engineering monitoring; safety equipment requirements; and well insurance.
Injection of CO2 over a period of up to 60 days, as currently forecast, is a requirement to re-pressurise the Herrera #2 Sand reservoir. This will be followed by continuous injection of CO2 into the Herrera #2 Sand in the AT-13 well and monitoring oil production from the AT-5X well, and potentially IN-6, AT-6 and AT-12 too. Real-time pressure data will be continuously collected to assess and adjust if necessary the CO2 injection pressures and volumes.
The gross cost of the work programme for the next 12 months is estimated to be £318,665, inclusive of a 5% contingency

The Company is seeking through this Document to utilise the majority of the Net Placing Proceeds for well planning, well design, and HSE; drill site preparation and civil works; procurement of well casing, mud and wireline logging services; rig mobilisation and demobilisation; construction of base camp; drilling one exploration well to 2,000 metres; and well supervision. The well is currently forecast to take 20 days to drill to 2,000 metres.
The gross cost of the work programme for the next 12 months is estimated to be £2,022,102.

The prospectus has been published on the website. Quite a read.
https://www.predatoroilandgas.com/wp-content/uploads/2020/02/Predator-Prospectus.pdf

Thanks earlybird.
Took my own advice and purchased £3k worth at 4.17. It's as close as well get to the placing price before the herd arrives.

I can't see us falling below the placing price with all the news imminent
We are 5% higher than the placing price, so not much downside if we were to buy at this price.

Since placing rns the ask has gone up slightly then back down. I'm not sure why the mm's don't just raise it as there are enough buyers.

Even if they have surplus shares, why not try to sell at a higher price?