Member Info for Doc83

"...but allow some of the slander the negs pump out..."

slander? you mean like accusing someone of being ****** when it was nothing of the sort?! lol.

Literally nothing bad. Just that the board needs a can do approach.

It must have triggered TBT to report it.

If you disliked a place so much and had your own board (echo chamber), would you visit the disliked place? Nope, me neither.

“ DOC - I always ask you why you do NOT sell but you do not answer.”

I have answered this question MANY times before.

WOS, fancy answering a question for a change??? 😉

Abzzba, what has our $9m got us? H2 which, so far, is a dud. H1 was paid for already, no? And your own costings agree with me that we don’t have enough to get H3 up and running.

Oh, and worth saying that Heron 1 was already paid for! So the $9m has got us what??? Heron 2 at 30 bopd 🤦‍♂️

Yes, delisting would be terrible. Although with TFG having such a large holding, there’s not much the small PI can do now anyway.

“ The funds will be used almost exclusively to take Petro Matad’s Heron project through to production in 2024/25, a milestone that will unlock substantial shareholder value.”

“Heron project”… And yet we only have Heron 1 up and running and Heron 2 currently looking unviable. And with not enough funds to sort Heron 3. Amazing how the money can evaporate.

They had a top 15 picks for 2024:

Anglo American: +23.9%

Ashtead: -7.6%

Next Energy: -20.8%

Tekcapital: +36.2%

Alumasc: +85.4%

Vietnam Holdings: +24.6%

National Grid: +2.8%

Kodal Minerals: +23.0%

ECR Minerals: +12.0%

Persimmon: -10.2%

Taylor Wimpey: -11.4%

Edinburgh Worldwide Trust: +24%

eEnergy: -27.6%

Chelverton Dividend Trust: +12.0%

Ocado: -60.1%

9 positive, 6 negative. So more right than wrong, albeit in a year where markets were generally up. Some exceptions such as France's CAC40 (-2.2%) and our own AIM index (-5.7%).

I’ll have to look up investor magazine’s top picks from last year and see how accurate they were.

“ This gives me strong confidence they wait for all pieces of News before update”

Or that there is no news? Because surely the agreement for us to sell oil would be immediately RNS’able?

16th December: “RNS THIS WEEK - as Header!! (or very very close with only few trading day left 2024).”

Doh!!!!!!!

Adw - I do expect the PC/MG talks to be resolved. But I also expect it to only be because MATD agrees to subsidise either or both of PC and MG’s cut of things!

WOS, maybe one day you really can become wise. As it’s the season of good wishes, here’s a tip from what a real wise man once said…:

“Never believe everything you read.”

Thanks, Unnd.

Going by those numbers, I’d argue a raise will be forthcoming regardless of points 1 or 2 being resolved. Hoping I’m wrong for a change.

And announcing it on NYE... terrible!

Margaritas, sadly getting used to being more right than wrong. If it doesn’t arrive in January, will you take that foolish comment back?

Abzzba, did you think we only started trying to sort Theo retake agreement out 68 days ago when we first started producing oil?!

Wow.

Abzzba, talks on the offtake agreement have been ongoing for years. But here’s some from mid this year:

May RNS: “Discussions with PetroChina on oil processing, export and sale are waiting on feedback promised at a constructive meeting held in early May”

June RNS: “Negotiations with PetroChina for oil transport, processing, export and sale are ongoing with the support of the industry regulator”

July RNS: “Meetings are scheduled before the end of July with the industry regulator, the Mineral Resources and Petroleum Authority of Mongolia (MRPAM), and with PetroChina's in-country management team to finalize details of the cooperation agreements required to allow Petro Matad to access PetroChina's oil processing facilities, transport and oil sales infrastructure.”