Member Info for abzzba

Still 5p by June which ever lie you guys want to push.

Espen, your "10 years of nowt," will end very very soon, plus i think nowt a bit strong given we have around 20,000 barrels in storage

Margarita, i am pretty confident we can reach 5p by June, wee bit luck needed but very very doable.

Hamm, i think Thornogson has valid point, if we cannot get loan of some sort and no DQE or other deal a placing (big or small) is our only option though we could probably fix/get H1 running on all cylinders in spring with money in hand (no placing), remember H1 revenue by end of March post costs will be circa 1.4 million, enough for H1 plus a bit spare but not enough for new wells to be drilled, that spare might just be enough for H2 remedial works as well.

Also consider.

1: Loan has to be repaid and reflects on end of year accounts.

2: DQE deal means more oil but at less profit for us.

3: Placing = more shares yes but also more production.

But lets be realistic, we have no debt and money is easily come by.

1p to 30p post refinery.

And SERIOUSLY keep in mind GOBI has 34m of reservoir quality sandstones, almost twice H1s 15m, read 7th Oct RNS again.

GOBI could be massive.

Would doubt very much if MB were involved, to close a tie up, if he were it would result in some very serious questions being asked, also, if i am correct (its a theory only) the offer will be pretty dire and not acceptable to share holders, who knows.

Only thing i am sure of is as a producer we are in the best position we have ever been in and for not a lot of cash H1 can produce 500 bbl/d plus. Not even taking account of H2 and GOBI potential, we should be lot higher sp.

Thornogson, obviously these derampers want to wear investors down in an effort to get them to sell, they would be idiots to sell given how close we are to real success, money will always be found if DQE/JV or loan options are not available.

Hamm, paid derampers working for who ever intends making a low ball offer, that could be either the Chinese or even Petrovis, could even be another that is not in the picture just now, no one in their right minds put in the hours these derampers are putting in.

Still Here & Looking to Positive News, NEGS also still here and hoping and praying for the opposite, think they will be disappointed.

Stockmaid, 25th January @ 9.49 you told Hamm you had sold out.

Goes without saying that genuine investors would prefer funding for 2025 work to come from either a loan or DQE/JV deal with a fund raise everyones last option.

If a loan from Mongolia, Petrovis, RBL or other means or DQE/JV deal is not available to us then the fall back is a fund raise but that can be a limited fund raise to cover H1 only or H1 and H2, or H!, H2 & Gobi,

Most important is getting H1 firing on all cylinders,

Doc, when we had the 2 x 4,000,000 buys you seemed convinced these were sells, are you sure todays 3 x 500k sells are not buys, it appears that in your eyes buys are sells and sells are always sells, is there ever a time when a buy is a buy or does the market not work that way ?

ManxK, agreed, there may not be drilling just now but still a lot of news expected very soon, GLA genuine holders.

A Mongolian Bison stampede.

See our chum Espen has lost a packet on BANK.L today, seems to be down 16%, evryone say Awwwww.

Espen posted last week his BANK average was 9p. they are sitting at 6p today.

Stockmaid, i think that in the near future (by May/June) we are more likely to be laughing our heads of at you and the other NEGS.

As Thornogson says, when we get to 3.5 p it wll be due to increased production and sentiment in the share turning, no a cat in hell chance i would sell at 3.5 if i was him

Stockmaid, can gurantee there is ZERO logic in your posts, if there were you would not discount H1, H2 and GOBI so easily, this is where your lack of oilfield comes into play.

How you can even consider commenting on operational procedures /issues i have no idea, its like a plumber commenting on a brain surgeons operation.

Stockmaid, all you posts are guess work and you cannot even say they are based on you knowledge or knowhow of oilfield as you have none.