Member Info for blissful

Molatovkid. I think you may have misread or misunderstood what Malcy wrote - asset-level investment opportunities. There is another way of looking at this.

Imagine you have an asset such as the rig that has just drilled 36-2. It has been dismantled and may be idle until someone wants it next year. But you have just witnessed the results of your work and the huge potential. Perhaps you phone Colin with a proposition or maybe he phones you to say, 'would you like to invest your asset, namely rig time, into Paradox for a % of the hydrocarbons? That way you rig would be in operation almost constantly, you wouldn't need to stack and get rid of all the crew after every drill'. You know there are many wells to be drilled and you would likely jump at the opportunity, maybe even order another rig or two!

That's just one scenario.

Https://www.youtube.com/watch?v=JgyvLvc49jo

Excellent write up, 20p target.

https://www.malcysblog.com/2024/09/oil-price-zephyr-reabold-deltic-rkh-sdx-and-finally/

Using the same old vague language once again so the sp falls, what a surprise. We now know there is no production for a long time and so we can expect a decline. In talks with, ' U.S.-based institutions regarding wellbore and asset-level investment opportunities', is a very nebulous statement, does he mean financial institutions?

Lateral, time to stop shin wagging and either drill it or start production as this is all very unclear.

Don't start that fake rumour of a buyout again, people are selling and so the sp fell. If they continue to buy now it will go back up.

When a lot of people sell the price drops as we have seen today, when people buy it goes back up. What else can the mms do when people want to sell, they drop the price after a while? The question is, why are people selling?

And that is a drill rig working. The other one must be Heron 1 as it's within walking distance, 800m, from Heron 2.

Agreed, they want the much needed economic boost that oil will bring.

Heron 2 is the one with the rig as they are currently drilling.

Why must he have signed it? I hope so but that would be rather quick.

If Gobi comes in at 50m barrels recoverable, which is estimated from the 307 barrels thought to be in place, that alone would roughly equate to $3 billion. The current market cap is circa £30m or $40. Or 75 X current mkt cap/sp. And you are happy with a few pence! Of course, we have to add in Heron with drilling 5 wells a year.

The Gobi desert has year round strong winds, as does much of Mongolia. Zula is progressing the wind farm and battery side of the business so that in times of high electric demand her battery system will kick in to supply the extra demand. The Mongolian government are desperate for this but not only that, she seems to be getting contracts together to export electricity to China. This will also be creating much needed jobs in Mongolia and in my opinion will turn into a huge business with possible monetisation in 2025.

The last thing we need is a ridiculous takeover, we need to get on with the work the company is currently undertaking.

Shareholders have not been kept in the dark Hamm, all the info is out there, there are two renewable energy projects under way. One is a wind farm and the other a battery storage facility with possible revenue as early as 2025. There is a huge demand and in my opinion this section will take over from oil in the future with MATD getting in early. Unlike oil, wind does not need to be discovered.

Watch the video: https://www.youtube.com/embed/5gQv3uwTPXk

At about 28 minutes Zula (co-founder of MATD) runs through some of this. She seems to be in complete charge of this area so it is more likely to go smoothly! Go through this a few times and you may find yourself deciding to hang onto shares long term as this is an eye-opener and she knows what she is doing.

Two wells being drilled at the same time and both will come in at roughly the same times. Then 4 or 5 wells on Heron per year with production peaking at 9000 barrels a day from Heron. If successful GBear should have over 50m barrels recoverable.

And a renewable programme very few seem to take much notice of.

The wells are so cheap to drill compared to other countries, offset by delays granted, but we are nearly there. MB and other board member took a hit in their pay packets to economise. They have made some mistakes but have stuck at it and we are nearly there. A 30m mkt cap is paltry for Heron but if GB is a discovery we are off to the races.

The market cap is a better way of looking at the company's worth.

I wonder if they will let us know anything if the primary target is good - 'the primary reservoir target in Gobi Bear-1 is anticipated to be reached at a depth of c. 1,400m'. They should hit that about the 8th or 9th, then TD over the following weekend.

This is not MB's fault, maybe he has made some mistakes but AIM is becoming saturated with people who come close to being an organised crime gang, perhaps it's time to rethink investing in such a corrupt place. This is happening to so many shares on AIM and although laws may not have been broken, or able to be detected that they have been broken, the result is that shareholders lose money.

AIM is crooked, that's the problem, and it's getting worse. I only have 2 AIM stocks and won't invest in any more again as there are too many people who are determined to see companies fail.

Well done MTucker. What did the article say?

If anyone has the full article they should send a link to ZPHR as it would appear someone may be calling CH a liar.

It seems TW has had to settle libel cases in the past and is still sailing close to the wind.

https://www.proactiveinvestors.co.uk/companies/news/52347/sefton-resources-confirms-legal-case-settlement-talks-62180.html