Member Info for blissful

Dsrt2012. Yes, are we being conned here because this has managed to get nowhere despite all the big talk of wonderful drill results. Are the non ops paying for the staff Xmas parties, outings and such because as sure as heck they are not paying to drill anything? I can remember when they said they were going to have two rigs drilling round the clock paid for by the non ops and sales from Paradox.

And where is the sp, back in the 2p region. Why on earth didn't CH just money into gold , silver, or BP or Shell or a company that can produce something more than words.

Nelson. Agreed, there doesn't seem to a 2026 plan, no timetables or anything. It's a pity CH cannot lay out a clear vision, or maybe he doesn't have one yet except to pat himself on the back.

Don't speak too soon, there are always the 5-10%ers ready to jump ship. Price at the moment is immaterial, best to make a decision then go and enjoy life.

Wednesdays and Thursdays are good days for a positive RNS.

Google Finance do not mid price, just the last trade price. If it had been a sell they would show it as a red finish.

Cpt. There is a winter shutdown due to intense cold. Last winter temperatures reached - 44.7C, too cold for anyone to work on any oil rig. Millions of yaks, goats, sheep and other animals died leaving many herders in dire straits. No farm in partner can waltz in with an answer to the cold. Winter diesel is only good down to about -15C and steel surfaces are often lethal death traps. Drifting snow can make roads impassable. Common sense dictates a shut down.

I once went to a former Canadian silver mining settlement that had to close down as the steel equipment was shattered by the cold. I saw a bus that had been left over winter and it had been crushed flat.

Good, we knew it would happen but needed it in writing. Squiggle please! Then we can get moving with the drill, what a time to have an election!

What do you mean a wasted week? It's been most enlightening.

The result of the Cameroon presidential election will be formally announced on Monday. Biya will be declared the winner with about 53%-54% of the vote.

There was a dispute over counting and cries of, 'foul' but the judges (elected by Biya) have dismissed these claims.

Has no one noticed large buys going through to counteract the churn, maybe more tomorrow.

Jeremy has told us Biya has already given us the green light.

Can I just say, I definitely would not want to be out over the weekend. Good luck all.

🚀🚀🚀

A PR person would cost money, but for what, spin?

Harbour

Cormie. The production pumps work year round but the drill rigs do not, Gobi Bear has been postponed until spring for this reason.

Filter him, I have as he has lost the plot and is ruining this forum.

From the RNS 29th September 2025, in case anyone new missed this.

'In January 2025 the Company announced the signing of a new Exploration and Production Sharing Contract (PSC) for Block VII in the southern central part of Mongolia. This large block is adjacent to producing fields across the border in China and was signed for a very low initial financial commitment to ensure that the exploration dollars spent here will be based on the results of technical evaluation rather than being an upfront financial obligation. The Company is actively engaged in a farmout process for Block VII seeking a technically and financially competent partner to share the risk and reward on this exciting new area'.

Shell pulled because they conducted a worldwide portfolio review and decided Mongolia was superfluous to their needs and bureaucracy in Mongolia moves at glacial speed. MB then went on a wildcat drilling spree, raising more cash, spending it, raising more etc but ignoring the dead cert, block XX. Now it is paying off. To expand much from here we need the aid of a farm out partner and that alone will bring the sp up considerably (when you've reached the bottom the only way is up!).

Let's not forget Shell, via BG Group, were originally interested in partnering MATD but pulled out in 2016 giving us a cash settlement of $15m. Big companies like the donkey work done for them by minnows like MATD. It's taken a few years but we have done quite well under the circumstances, although the sp fell like a stone, Mongolia is not onshore USA! Now at last we are going back up with production increasing and sentiment changing.

Gazelle is a near term game changer. We were told it was a discovery years ago but only now is it being exploited. It should be on stream later this month which is a huge bonus. Then Gobi Bear will be waiting in the spring and if that proves commercial the sp will rise sharply, I expect 8p.

I added first thing without a problem.

Halifax is fine today.

I think there was a bit of initial shock. Some may have been hoping the second farm was imminent, the sp would jump to 20p and they planned to exit. Then this curved ball comes along. But Sintana are back up 5.6% at present and I suspect will may make up lost ground next week.

Sintana up just over 3% at the moment.