Member Info for ftsemajorgeneral

Many LTHs bought in around 0.8p at the raise, some no doubt have bought at lower levels in recent days so these investors have a mixture of shares, you could say their averages are higher but they could always sell of the cheaper shares as and when they please while keeping their original average.

Pretty obvious the game plan is to create disruption on the board, make outrageous statements in the hope of turning the board into a slanging match, this suits the bashers very well, Adw198 especially loves these tactic.

I just received a reply from ir@MATAD, they stand by the RNS statement they will be pumping out the injected fluids by the end of the month and they confirm the details given to ZEUS came from them, including Gazelle estimated 100 bopd, all in all good news.

Happy days not to far off, tend to agree we may have underestimated the renewables side.

Todays RNS were very positive, seems we can expect around 300 plus bpd within the next 4 to 5 weeks. Question is how much from H2 and how much from Gazelle.

Based on H1 well test which returned 821 bpd i like most expected better flow rates from H1 (i think this is what Adw198 wants to hear) yes we were wrong, but we have got over it, Adw198 obviously has not, we now know that H1 is delivering what might be considered the average daily production for oilwells in the Tamsag basin so quite happy with this but obviously more would be better.

Found two examples of Adw198 misleading readers by stating H2 well test had failed and we were water testing, see below, you obviously never tire of being proved wrong.

Adw198 wrote 19 Sep 2025 16:12, the most logical explanation for the delay is they’re moving onto to the water injector attempt.

Adw198 wrote 16 Sep 2025 08:18 It’s not worked and they’re assessing how to make it an injector

Adw198, i could go into detail about my previous and current MATAD holding and the profits i have made, but i won't as i have covered this many times before.

As for the don’t shoot the messenger was it not you that just last week was telling everyone the well test had failed and we were conducting injector well water tests, i seem to remember you said this several times.

Margaritas, as always your timing is impeccable.

MB must be more than 75% sure about H2 now, there is no way we would go to the expense of running the production string unless quite certain H2 will produce the goods.

ManxKippers, several times you have mentioned using explosives to fracture Gazelle, your latest post you say Exploding the drill bit and end pf pipe underground and hopefully fracturing a large reserve in Gazelle would be a very welcome and changing event.

May i ask where you see this, i have been through all the various RNS, AGM, 30th July presentation etc etc and do not see anything mentioned about using explosives.

Is the pumped test the same as an extended well test ?, my understanding is it seems kind of similar.

Mmafr, I would agree, we would already have been informed if H2 well test was poor and the well was being water tested as an injector well, in this instance no news means good news.

Whether H2 is useful as an injector or not is not market sensitive news.

Https://thediplomat.com/2025/08/mongolias-continuing-quest-for-energy-security/

Adw198, i am quite sure the budget the company prepared was based on payment from Petro China well before June and for the full invoice amount, not with 30% withheld.

If we had been paid back in March/April we would have tested H2, Gazelle etc earlier and had more revenue.

You really are the pits to suggest wrong doing by the company.

Plenty of RNSs due!!!!!!!!!!!!!!, Sunday will be 20 days working on H2, wonder if there may be a red dot day tomorrow.

If you scroll down the Indian embassy text is in English.

Confirms 2027 completion date for the refinery.

https://eoimongolia.gov.in/listview/MTY1

Lets hope H2 delivers well over the amount required to be considered commercial (50 bpd), 80 plus barrels per day would be a cracking result and add $1,168,000 much needed revenue.

Quite amazing that clowns like Adw198 do not understand the difference between a farm out and JV when it has been clearly laid out below, plus a link as an idiots guide.

You really need to question why there are so many posting on this board when they obviously have ZERO interest in buying in, all very strange, the energy they expend putting the company down could be put to better use finding a company they do have faith in.