Member Info for bonum

Mongolia also have a new Billion dollar refinery coming online, for which they need the raw material for - MATD!

Have a good weekend all.

Not impressed with Riny Hawkin's interview and not sure why others are - beyond the rampant headers here.

We had a bit of an uplift from Leo Koot's interview initially, followed by a continuation of the price downtrend.

I'd expect the same here.

The market doesn't like this merger and rather silly to him to talk of the price level at the height of the Covid paranoia / Oil pri e drop in comparison to the current - as if it's a good thing where the CERP price is atm??

Btw, for those 'self appointed' censors of the board, bear in mind we all have a right to voice our opinions whether they disagree with any 'promoted' viewpoints by said individuals- we certainly dont need their prior permission to post, as one certain individual is demanding!

Have a good weekend all.

Not impressed with Riny Hawkin's interview and not sure why others are - beyond the rampant headers here.

We had a bit of an uplift from Leo Koot's interview initially, followed by a continuation of the price downtrend.

I'd expect the same here.

The market doesn't like this merger and rather silly to him to talk of the price level at the height of the Covid paranoia / Oil pri e drop in comparison to the current - as if it's a good thing where the CERP price is atm??

Have a good weekend all.

What price by August - 1.2p?

Less!

The Downtrend continues with daily losses compounding towards the August vote.

Not looking too healthy.

Atb & have a good evening all

Of course - let's just listen to you Willec.

Atb & have a good evening alll

Yes and doubt the parties to the Placing will now pay above the 0.07p, when that was the price agreed on.

That's beyond the rampant hype and based on FACT!

The terms of the finance agreement include a £500L placing to be completed prior to the second monthly £100k drawdown -

communication of the deal will obviously be prior to said completion and I suspect in concert with communication of the first £100k drawdown tranche.

That deal would o obviously already have been negotiated, £200k applicable to the original parties supplying the first Funding deal, hence very unlikely (not impssible) they'll take a higher Placing price than that previously agreed on - ie 0.07p!

Unfortunately, we have the usual suspension of logic here - led by Jay and his merry men, namely Mr Nation, EteGuy etc

Atb

We're not going to get any funding announcement tomorrow as clearly indicated in the company statement - but what if we get the Exploitaton License tomorrow, which we can expect at any time now.

The rise would be to a Multiple of today's share pri e.

Think on that whilst you ponder your entry ;)

MATd, since you ask Onlygreens!

Also, 'if we already know that' - why on earth are you not voting NO to the merger. and accepting the share price plunge will be Catastrophic on a duster, with or without CERP.

Atb

Starchild, please wave your wand & use your unicorn magical abilities, to whatever end you wish, lol

Cain in a Unicorn onesie ;)

Expose what you want Starchild.....within reason ;)

"I will expose an audit trail over weekend."

Do you like exposing things Starchild? ;)

Good to see you looking to enter Hay and well worth doing the requisite research here.

We're looking at full Heron fiekd development, with H1 already having hit Oil. Additional funds are a rather a 'modest' (Mike Buck's words) £10-15M.

They're primarily looking at facilitating operations through a Partnership agreement, Buck specifically mentioning Petro China as a candidate and 'discussions' to those ends - it could also be an alternative operator within the sector - link can be provided if requested.

Alongside that would be a possible loan from a domestic lender, for which Petrovis being a major presence in Mongolia, would certainly be able to open doors to, if necessary.

Part funding through equity would also be an option alongside the aforementioned but would (if needed) be a minority element within the larger financing overview.

We have major upside here and given the fundamentals attached to the investment and with commercial assets already in place.

Waiting on the catalyst that will completely transform this and correspondingly massively Re-rate the Share price.

Atb

I'll be happy to teach your class Willec ;)

I think Specsavers may be worth a visit Willec.

Atb

Okay, we're not Twins!

There is a financing 'GAP' with BPC atm - it clearly states so on the company reports, quoted as such.

The CLN are conditional and the Family group arrangement doesn't cover the $17M-$26M on it's own.

I would post the exact quote from the OFFICIAL COMPANY RNS, but 'Bully' would probably pull me up again on re-posting it.

This is a point in case why I needed it reposted.

Atb without flower power ;)