Member Info for ftsemajorgeneral

Wingster, i believe abzzba predictions to be closer to the mark for this year, note i said closer, not sure we will be 5p by June nor 12p by year end but i thouroughly believe once spring comes and we get to work we have every chance of 800 bopd or more being produced from H1 / H2 combined.

As for funding obviously a loan or DQE deal suits investors better, no one really wants a share issue even though we only have 1.4 billion shares in issue, not a lot for a small debt free oiler.

Elixir Energy and JADE are both drilling in Mongolia, i believe Elixir are next door to block VII.

That would be a curve ball.

Folks, until we get some good news these derampers will rule the board, they will disappear fast enough once positive news drops and new genuine investors start posting, until then its a case of putting up with them, think of them as a bad smell, it will go away.

Abzzba, as you say, so many permutations for how we can proceed in 2025 and as you point out there is no need to spend a fortune to secure the company's future and put it on a secure financial footing.

WOW, just looked in, around 80 posts from Espen35 clown,idiot.

Espen35 reported, 57 posts this morning (so far).

Abzzba, NEGS will be so sick if your 5p by June comes true.

not sure who suggested we had spent 174 million but its *******s, if anyone disagrees then prove it, itemize how that figure was reached, basically put up or shut up.

Think i will hold, very little needed to push this north, H1 itself is capable of 500 bopd plus, Nov 14th RNS mentions 800 bopd.

Investors would need to be certifiable to sell at this price when we are so near a turnaround in fortunes.

Also agree with abzzba estimates, could well be 5p by June.

Personally i believe GOBI BEAR could be the joker in the pack, MB has stated in LSE interview (14.31s) GOBI 1 transcript as follows, "has log response that suggests hydrocarbons that we cannot make go away no matter what numbers we use based on data from the basin".

Certainly a candidate for further investigation and if we can get GOBI to produce at commercial rates added to better production (500 bopd +) from H1, BINGO.

Pretty sure you are all aware but, SM has started new thread ""RE: Massive placing at 1p likely"", they do love these threads with negative headline, best not to reply to it, if you do its just giving that headline more coverage.

All NEGS are normally losers that feel hard done by in some shape or form, they blame others for their loses, sad people.

Abzzba, agreed, but we need news on funding and this years work program,

14th November RNS states H1 potential production as 800 bopd, if we can get near that by end of April your 5p may well be on the cards.

Abzzba, certainly quite possible with a wee bit luck.

GLA LTH.

Beware of stockmaiden and her distorted and poisonous posts.

Could be Mike Buck throws a curve ball and surprises us all with a complete different deal, watch this space.

I fully expect the next RNS to include an H1 production update saying the initial gas pressure spikes have subdued and we are now producing 350+ barrels of oil a day.

Abzzba, tend to agree, would not be surprised if the next RNS update said we are now flowing H1 at 350 - 400 barrels a day.

Abz, sound logical and obvious to me, we could also say that by starting production we can iron out any problems with the well such as the pressure spikes.

Not much peace and goodwill going on here ?.

Worth posting again, should be read in conjunction with 14th November RNS and also worth listening to last LSE interview.

Thanks to mikec365 for posting the link yesterday 14.58.

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