RE: RNS Within Next 11 Working Days? US Prepared to Attack Iran!15 Jan 2026 12:34
Abz, shame your post is buried in a mountain of crap, i have reposted it below.
1: Block XX has billions of dollars of oil. (recvoverable 60,000,000+ barrels)
2: Currently producing circa 350 bopd, Gobi & H2 delayed until this year, hot wax wash at H1 likely increase production by 20%.
3: Mongolian ministers pushing for the refinery to be completed 2026/2027.
4: Mongolian oil production dropping, they need block XX developed ASAP, Mongol production 14k bopd, refinery needs 30k bopd.
5: Once supplying the refinery via the pipeline we cut out middle man handling/transportation costs and get circa $12 more for every barrel of oil.
6: Farm in proposal received after due dilligence field visit, almost certainly by Indian explorer, no doubt PC interested as well, few days ago MOU signed with Petro China.
7: Oil sales agreement nearing completion, 900k lump sum not far off plus payment in full for invoices.
Several other points i could add but the above is more than enough to instill confidence.