Member Info for Doc83

Some very good insight and far beyond my comprehension.

But I still think this is being priced as it is because of the concerns with PC and the MG. Are we playing on a level playing field and being/will be treated fairly? That's more of a concern to me than a disappointing H2 well. IF we're allowed a fair crack at this, I've no doubt we can be a profitable company with a SP north of 1.30p.

It's 8 weeks today since the AGM.

One of the may jobs of a CEO is to manage shareholder expectations. Clearly, he's failed again.

“ Doc 83 ; " Historical SP is irrelevant when we’ve had so many raises and extra shares issued. It’s market cap you need to look at."

Not really.”

I33 - I’m staggered you’ve written this!

Historical SP is irrelevant when we’ve had so many raises and extra shares issued. It’s market cap you need to look at.

Well, currently we are neither exporting or selling our oil!

Multiple RNS’s for December? We might get one, but I doubt multiple.

“ I would settle for 50 - 100p per share”

Just a bit! But I fear those numbers are no longer achievable. However, I live in hope.

“A nominal cost is a price that is very small or so low that it is considered insignificant”.

So hopefully it really is insignificant.

If/when we finally get some cash into the account, then we might see the SP appreciate. Once MB can say “we’ve just sold x amount of oil and received x amount of cash”, only then might we really know how profitable we’ll be.

Because there have been so many curveballs, I don’t think the market believes anything MATD says. Now we need an export permit. People saying of course this was always needed, yet I’d never seen it mentioned on here.

“ You can bet your last dollar PCs ears pricked up when they heard H1s production potential”

Is this the PetroChina with a £150bn market cap and hundreds of wells in Mongolia already? Yes, they’ll be champing at the bit hearing about Heron 1’s 800 bopd potential.

And now TBT back with the classic “you’re not even invested” line because someone isn’t glowingly and full of praise for our current situation 😂

Thornogson, what planet are you on? The only slight error in Wigster’s post is that Gobi had faint oil shows. But simple this hasn’t been.

“We drilled a hole for Gobi - no oil.

We drilled a hole for Heron 1 - oil flowing, but not as much as we'd like without modifications

We drilled a hole for Heron 2 - "very poor flow". Don't know why yet.

Yep - sounds very simple.“

Wigster - many on here live in a place called cloud cuckoo land.

Facts... still zero revenue.

MATD/MG/PC need to sort this deal ASAP. It would be scandalous for us to enter 2025 still without this.

Go play with Mrs WOS like you said you were. She’s a lucky lady 🫤🤢

But it hasn't really risen. The spread has just become wider.

WOS, I cut and paste so people know what I'm commenting on.

Re attacking posters, that's your forte!

WOS - are you saying that the MG could afford to build the refinery themselves but instead decided to borrow money from India for it and the costs associated with doing that?

Maybe try one post without an insult to end it? ;)

"I don't know why the hell the MG doesn't step in to help PM out."

I don't think the MG has a pot to pee in. India is having to prop them up for the refinery.

"Don't listen to anyone who can't keep it civized?"

That narrows it down quite a bit!

I would also highlight the language being used from the MG. They absolutely consider this their oil. There's also this talk of Petrovis being our parent company??? Can anyone clear that one up for me because it wasn't my understanding.