Member Info for dai2belts

Roller coaster, after raise it was flying for a few days, probably NOMADs mates getting out..

Fingers crossed PP was out with a profit..

Crazy how it hit 7p, and now is 2p ish..

Price of oil, and exchange rates has a significant affect on the Heron NAV. So will the stimulation which seems to affect the recoverable oil volumes, and production costs and again the NAV

@Horult, are you holding Matd until all 10 wells come on line ?

Lol, going down for each well...

I seem to remember seeing some double digit analyst prices, and people quoting

Even stranger that some sold at almost 2.1p, the days high

LNG

https://www.economist.com/finance-and-economics/2024/09/26/is-the-world-sleepwalking-into-another-gas-crisis

Char was up +40% earlier, seems no news..

A poster claimed they sold at 2.097 which was way above the Ask at the time, so checked the chart, and there was an anomalous candle, and 9 trades to match within 1 minute listed on London exchange.... very odd

https://invst.ly/16r96u

@Horult, do you have a sp price for Heron 1 only producing, then both ?

Mmmm, Heron 1 was just stimulated but not flow tested

Interesting, graph data changing

Graph 4th Oct shows a low of about 0.28p for the 3rd Oct, suggesting a leak as fundraise RNS arrived on the 4th..

https://invst.ly/16pust

Today the 3rd Oct low is significantly higher removing any suggestion of a leak

https://invst.ly/16r5-x

odd thing is both graphs used historical date for Oct 3rd, at least 1 day old ???

H2, will be big news, if that does not flow as expected then Heron will be in question.. and so far all updates are vague, nothing seems to be for certain

Guess who ?

"Something must be up (OR HAS GONE BADLY WRONG) to get this kind of reaction?"

Moving into production and the price is down, and BB coming up with all sorts,

Any thoughts ?

Me too,

Wolf, I don't know the answer, only that each year drilling stops, I can only assume because the rigs are not winterised unlike in Alaska.

I think everybody is bright enough to realise my Summer comment is sarcasm, :)

Since the RNS is vague, and operations have not been defined, you are on Matd highlighting operations could include activities such as production, so suggesting both will stop shortly.

If you were a share holder I could accept you were asking to assess your investment, but you are not so you could watch and see how things unravel. The guys trade Matd so you could discuss here, but I believe some might still have a position, and the last thing we want is ideas leaked between BBs, especially since nobody here really knows the answers

I see Wolf is on the Matd BB suggesting oil production is a summer only activity in Mongolia

But at the moment Gobi has been put to the side, and production permits are no longer an issue.

The question is will H1 hit the expected rate, and what will H2 produce. and could these results be part of the off-take agreement as that will affect trucking

Finally going into production and price is far from lp update ?

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

Big drill coming up but there appears an increase in shorts, at 1st glance appears to be same company, different fund. ?

Probably not helpful for pre-drill build up

Fund % Short Change Date Changed

Mangrove Partners 1.22% 0.00% 1 Oct 2024

The Mangrove Partners Master Fund, Ltd. 1.53% 0.10% 11 Sep 2023