Member Info for Doc83

Sadly, I’m also trapped here unless willing to accept a dismal SP.

Margaritas, you must be living in a different world. Read my post at 10:38 to see what Wigster said versus what WOS said in reply. There’s only one real bully around here.

Maragaritas, couldn't agree more. But sadly WOS has been the same since January 2023 and won't change now.

Providing it's a positive RNS then yes, it would be nice.

Defending yourself because Wigster said "Well WOS has confirmed we'll hear something this week. Or was it by the end of 2024?"

LOL.

WOS at 10:12am: "*Mr Wigster give sensible comment on Investment not Sillly attack on me etc"

WOS with a silly attack just 18 minutes earlier: "Mr Wigster you must use BOTH eyes & more then SINGLE brain cell sir!! 😂😂"

WOS, don't get so worked up just because someone is exposing you.

“ understand what being said.”

And of course, what’s not being said. Reading between the lines and all that… wouldn’t you agree?

News of PC/MRPAM deal and us therefore being paid some money would surely be RNS’able news. But it’s looking more and more like the standard Christmas operational update which is likely (IMO) to mean still no deal struck. And that won’t be good for the SP. The delays rumble on.

TommyD: “and yet it would seem someone is prepared to fund a new study”

Sorry, did I miss an announcement???

“Shorts need to close. Atb”

6 people “recommended” this post. Incredible.

Did I say that? It will have some value. But we can’t say we’ve got our first million because we haven’t sold anything yet, nor know the terms when we do!

Abzzba, we’ve not sold a bean yet. So how do you work that out?!

Ok, often it’s bad news in RNS’s on a Friday. And it makes sense for companies to do that.

And I scan down every RNS reported at 7am most days.

I’m glad we didn’t get an RNS today. Only bad news is delivered on a Friday… just look at HE1 today.

We want/need a Monday RNS packed with good news.

Patagucci - I think it was 8 weeks last Thursday. 10th October?

Am I surprised? Not in the slightest. Any EGM will obviously now be next year, if at all.

I’d like to hope so. But the single biggest issue that needs replacing right now is this MRPAM/PC deal. You just know the next ops update will still say this is dragging on and we’ll have still made zero money.

"We have 60,000,000+ barrels of liquidity thank you"

That's the problem - it's very illiquid.

Tommy, can you just clarify who that was aimed at?

Justice, but you said just on H1 alone. Well at 1000bopd there is no more potential from that well.

Thornogson, agree. It's vitally important they get H1 firing on all cylinders... it's going to have to do a lot of heavy lifting.

Oh, and the MG/PC deal is kinda urgent!

"£250m MACP is a reason valuation with H1 production only.Today 13:45

Don't underestimate this valuation unless someone is ignorant."

Complete nonsense. Let's say H1 manages to get to 1000 bopd, 365,000 per year. Even netting $50/barrel (not going to be close to that), that's less than £15m per year at current FX. So a p/e of around 16x for a Mongolian oiler with just H1 production?!

Behave.