Member Info for Adw198

I take it that’s no deal then.

You’d rather call me out than get affronted and angry when I post.

Any views on what the transformational RNS your ramping mates have promised?

Ha what a daft deal. If I stop posting you’ll stop replying to my posts - how noble.

I’m happy to say I won’t post till the raise if you agree to never post again afterwards. I certainly won’t miss your angry policing of the board with zero contributions to the actual company analysis in over 700 posts

“Then let me put in SIMPLE English so people understand how you try to twist out if thing…”

(Followed by more un intelligible gibberish)

We both agree for once - just the one producing well this year.

“I did not say it was Direct Quotes Mr ADW so let us not twist truths - You did communicate this msg of 'Massive Placing for New Wells at big discount'! “

‘ ‘ in this country signifies a quote. Not sure how it works in the land of gibberish. I did not say there would be a massive placing. I do think they’ll be an imminent one. I also accurately explained there would not be more producing wells without one this year. That was when you were telling everyone there were multiple options such as RBl. Which MB then confirmed was not an option.

@gravy student loan long since gone, thankfully. Not something you’d know anything about though pal!

‘Massive Placing to drill New Wells'

Wasn’t a quote I ever said. So just another lie.

However, we do agree they’ll only be 1 producing well in 2025. Abbbza and Thorn haven’t got that memo yet. Or have, but choose to mislead the board. Who knows?! And who cares - the main thing is they’re spreading inaccurate claims again.

I see my comments on the company receiving payment have triggered my stalker, who is now on 722 posts not about the company.

Who is the lonely one?! :)

And you (Tenbag) told us to expect £5m - £10m winter revenue. And a 2025 dividend.

I’ll give a £100 to charity if you let me back in the telegram group mate. I won’t even comment I just want to read and laugh :)

(Even) I have no concerns payment will be received this month. The payment terms will surely be included in the contract.

I suspect the next (non placing) news will be confirmation of payment received, with some details on what the work plan will be for Heron1. I see any other work as unlikely unto Heron 1 has been resolved - it’s too risky.

Perhaps one of the Ultras could provide an alternative prediction, noting there’s been post after post about a transformational RNS.

As with the AGM though, when it doesn’t give what they expected, they’ll pivot to claiming it’s great news. Imagine the moral and intellectual vacuum to be expecting an announcement about 4-6 producing wells and then claim to be chuffed with a plan sticking with just the one. But next year (Rodney) we’ll be millionaires!

The fascination with a CEO buy 11months ago is typical. He didn’t know more than anyone else what would (wouldnt) happen with Heron 1, Heron 2 or Gobi.

Every single purchase he’s made is underwater, despite the big discounts he’s been able to buy at.

I’m not holding and im not sat on losses like you either WOS - if you really hold and aren’t just a company insider like Tenbag.

Look forward to the placing post rationalisation from you lot - for now I’ve got a dog to walk and some pubs to visit.

“You wish cancer upon everyone ADW and doc wishes cancer on certain minorities“

The fact this utter fabrication goes unchallenged is reflective of the morality of the rampers

I have absolutely no doubt it’ll be back in the 2s at some point, perhaps even higher. But those interested in making money will be looking at the finances and the likelihood of a discounted raise.

Ah the calmly delivered “quotes” and research have sunk you, so out comes the cancer quip - from the time you and your partner in crime Tenbag deliberately pretended someone was a r a c i s t because they too had ran rings around you both.

I’ve quoted the contents of the RNS and then listened to and quoted (verbatim) the AGM update.

It’s chalk and cheese who is calmly presenting researched facts and who is speaking in gibberish to distort.

Meanwhile, the so called nailed on inexpensive fix appears not to have been fixed. Perhaps it wasn’t technically or commercially viable, or perhaps they can’t afford it till getting paid for last Octobers oil.

“WOS, extract from the January RNS below.“

Some of prefer to look at RNS statements and give more relevance to the more recent ones. By March that certainty had disappeared which I think is fair to note.

He actually speaks of the POTENTIAL modifications at 10m 20s.

The data will be used

“To determine what intervention strategies SUCH AS sand screen and / or 3 stage separator are technically and commercially viable”

Not the obvious open goal you like to (misre)present it as.

They’re looking into whilst definitely doing the stuff to reduce Opex.

“The Heron 1 well continues to produce steadily at c. 200 barrels of oil per day. Pressure data is being acquired to facilitate production analyses to determine what modifications can be performed to increase the sustainable production capacity of the well. To date the well has produced over 25,000 barrels of oil with a water cut of c. 4% and pressure data shows no signs of boundaries encountered within the reservoir as yet. With a recent upgrade to the eastern Mongolian power grid, a short (4 km) tie-in of Heron 1 to the electricity grid can reduce power generation costs significantly, offering a saving in operating expense of c. 25%. The Company is going out to tender for this work.“

If you don’t know what modifications can be made, you can’t describe them as an inexpensive fix.

They have however confirmed what work is needed to reduce Opex. Opex and capex wont be covered by 200bopd.

If you’re not interested in discussing the finances and thus need for a placing no worries.

I never said there would be a massive placing. There won’t be anymore than 1 producing well this year as per the company steer - which even you agreed with. That’s not sustainable and nor have they stated there is an inexpensive fix for for H1. The only confirmed work is something to reduce the Opex.

They raised $9m 11months ago, when I understand you were insistent they wouldn’t. That was for

“Use of Proceeds

The net proceeds of the Capital Raising will be used to:

· Commence production and development of Heron discovery in Block XX

o  Heron-1: complete and put on production (this will be funded form cash on hand)

o  Heron-2: drill, complete Heron-2 and put on production

· Drill the Gobi Bear-1 exploration well

· Develop Sunsteppe renewable energy projects to bankable, ready to build status

· Licence, general and administration expenses and overheads”

That was with the aim of being self sustainable. Given H2 wasn’t brought to production and H1 produced circa 25% less than expected, with a 7month delay on payment, I think it’s fair to say there are NOT self sustaining. Hence believing another raise is imminent.

I repeatedly offered not to post until there’s a raise, if you were prepared not to post again if there was. None of you dared to accept. I then said I wouldn’t post again till there was a raise if you just stopped referencing / goading me. You couldn’t do that.

So it’s clear who is panicking about a raise and it’s not the non holder with his bag of cash ready to buy back in cheaper. If that doesn’t happen I’ll be proved wrong and take some lessons.

No panic here - as I said I’ll either be proven right, or proven wrong. I can live and learn with either outcome.

I think the panic is posting the same misleading and false claims like you do, coupled the desperation of trying to control rampy headers. Your track record here is truly appalling.