Member Info for DS22

So why don’t you answer my question truth ?

What is he doing in South Sudan ? Why is he meeting with these people ?

Genuine question - What do you think he’s doing meeting these guys in South Sudan ?

I wasn’t referring to you panman - I was referring to the person who titled the chain

26 June 2023

26 June 2023

Wildcat Petroleum Plc

("Wildcat" or the "Company")

MOU SIGNED REGARDING FUNDING

Wildcat has entered into a Memorandum of Understanding (MOU) with a third party that has expressed an interest to carry out due diligence on deals that Wildcat can source from Sudan. This third party will then decide whether or not to invest directly into a deal up to an amount of US$25 million. The party is also prepared to invest, following due diligence into other petroleum projects in other African countries which have been sourced by Wildcat. The MOU is not legally binding, can be terminated with 30 days notice and the investors are under no obligation to invest and the Company is under no obligation to take their investment.

They have just raised funds - another clueless visitor

The bitter truth just can’t help himself - clearly doesn’t understand speculation

Looks like he is signing something in that picture ? Looks like They have been busy recently

It’s taken a very long time but if he does. Manage to pull it off then it could be huge imho

Wildcat Petroleum PLC

26 June 2023

26 June 2023

Wildcat Petroleum Plc

("Wildcat" or the "Company")

MOU SIGNED REGARDING FUNDING

Wildcat has entered into a Memorandum of Understanding (MOU) with a third party that has expressed an interest to carry out due diligence on deals that Wildcat can source from Sudan. This third party will then decide whether or not to invest directly into a deal up to an amount of US$25 million. The party is also prepared to invest, following due diligence into other petroleum projects in other African countries which have been sourced by Wildcat. The MOU is not legally binding, can be terminated with 30 days notice and the investors are under no obligation to invest and the Company is under no obligation to take their investment.

It was a simple question ? I asked was it good or bad ?

You have me a whole load of theory ; unsurprisingly haha

AS what is your view on the more than 100 % increase in the share price over the past 2 and a bit months is that good or not good ? A minor retrace in the share price is fairly common no ? I for one have seen it many many times

I bet he does -

As I have told you before I’ve made money on all of those shares except - PRE - which I am 100 % confident I will make money here - I actually got over 2000 % return on WCAT one of my best returns !

Clown

Truth factory is clueless and is extremely bitter all he does is post negative comments with no balance cos he's extremely bitter that he missed the IPO investment which consequently went up x40

Surely full funding can’t be that far away ; I can’t believe it has anything to do with Biden though personally :- but you never know

Indeed, even the most cynical stock market observer would have to admit that WCAT has inked the kind of giant killing deal it has always promised, with assets that could be bigger than Tullow. The company said, “In February 2024, Wildcat received approval from the South Sudanese Ministry of Petroleum to undertake a petroleum deal in South Sudan including the purchase of large-scale oil production. The Company continues to work with the MOP and have enhanced its relations with Nilepet, positioning Wildcat with a great opportunity to acquire oil producing assets in the region.” Given that such announcements typically have most of the sizzle taken out of them by advisors / lawyers, colloquial English would probably just say, “we’ve cracked it.” Shares of WCAT were up 27% this week.

Finally someone who appreciates how speculation works !

Another recent article :

Petronas' local subsidiary held interests in South Sudan's Blocks 3/7, 1/2/4 and 5A through partnerships with China's CNPC and Sinopec, India's ONGC and Nilepet. The projects pumped an average of 153,200 b/d of oil in 2021, according to Petronas.

Not sure how accurate this is - article was from 2022

South Sudan has the third-largest oil reserves in sub-Saharan Africa, estimated at 3.5 billion barrels, with only about 30 percent of the country explored.

The country currently produces 175,000 barrels a day, about a third of the potential 500,000 bpd, in blocks 1, 2 and 4 and blocks 3 and 7, and block 5A in Unity state.