Member Info for investor33

Let's hope so Wigster 👍

It moves around between red and blue intraday all the time - so what ?

Main thing is that a lot of chunky buys are coming in. MATD has been a leaky ship in the past.

Hopefully this Doc creature was totally wiped out by those " investments " and now does his gloating from his mobile phone whilst selling the Big Issue.

I spend lots of time reading what is said on other boards these days, and I have to say that I haven't come across any board with such a weird underclass of sociopaths as you get on here. I guess it was started when that adw198 moved in. It's not normal though.

Hopefully this Doc creature was totally wiped out by those " investments " and now does his gloating from his mobile phone whilst selling the BiG Issue.

Re Met1 - the dodgy sponsored ads that caused the huge pump may have come from some warrant holders, not the company. The company disowned the ads. Not sure what the case is with MAST. On their board someone was talking about the same PR " research " company which seemed to be behind the Met1 sponsored ads. I guess it may be some warrant holders who may be behind this if it's true. Still, when the warrants hit the market the price crashes.

Abzzba ; you may well be right. I do a lot of reading of posts on other boards these days, and I have never seen on any of them the constant bashing that goes on here. You might get some skeptical posts about the company, but it's done in a spirit of debate, without all the nastiness.

Ironically, there are some other companies, such as Met1 and now MAST who do actually deserve harsh scrutiny and cynical comments, as they have have both been ramped using a dodgy " research " PR company which used sponsored ads designed to look like press releases. These sponsored ads created a hysteria hype. Both companies issued a huge no of warrants and then did a consolidation, so that eventually when the flood of warrants hits the market the share price crashes. Met1 went from 2p to 55p and then tanked to 3 or 4p. MAST using the same formula, and using the same PR agency will do the same when their warrants eventually hit the market and the dilution happens. The people who exercise their warrants meanwhile make a fortune at the top of the pump.

Anyway, enjoy your time away.

" almost certainly"

Abzzba ; I don't think the paid bashers had even worked out how the renewables side works. They would almost never of heard of an "RTB project. "

And then you have this kevinround person laughably using my analogy of someone getting PP for a field in the UK and selling it to a developer. And he thought that only the developer makes good money. In fact many people have made fortunes through getting PP for a block of flats and multiple houses and then selling the plot with the permissions to a developer. I even bought a plot myself for a self build from someone who divided their garden in half and got PP. He made 100 grand from it....

I'm presuming that the JV split with SunSteppe is a 50-50?

Has anybody ever asked ?

Abzzba - plus four RTB renewables projects with a value shared with SunSteppe of between 90m to 180m dollars, with more eventually in the pipeline. Let's not forget that some of the money from the last raise went into getting one of those projects ready to sell to a developer. This kind of thing doesn't get talked about enough, because most are still oil fixated.

Three of the best performing companies on aim that I can think of in recent months were all valued in the pounds 10 to 15 years ago, and all three fell to 2 to 4 pence fairly recently. All three are valued at between 20 to 80p right now.

Thanks abzzba and Manx.

I presume that compensation needs to be made by the farmee for any producing wells, so it will directly impact on how much would be paid.

Heron 1 would generate about 40m dollars over 20 years at its current flow rate and at the current oil market price, so any producing wells currently make quite a difference. I have no idea how they calculate the compensation for producing wells.

Just wondering how a LOI has been generated if the results of H2 and the others are so important ?

Another classic one was kevinround saying that an RTB renewables project is not worth much, as ( plagiarising my analogy ) he likened it to someone getting PP for a piece of land and then selling it to a developer. According to him , " it's only the developer that makes good profit " when in fact there's a farmer near where my house is that made hundreds of thousands through getting PP for multiple houses and selling it to a developer.

And then there's Einstein kevinround coming up with lots of figures to show how obtaining 5,000 bopd would not be worth it to a farmee whilst inexplicably basing his figures on a field life of just 5 years 😂😂😂

Abzzba - that's why I don't bother to read any of the neg's posts - a waste of time. Seemingly this adw cretin didn't even know what a farm out is. And notice how they totally fail to grasp anything about the renewables side of the business. They are totally tunnel visioned about H1 and H2 because that's what their scripts tell them to focus on.

A classic was this kevinround valuing the 4 renewables project as worth " pennies " when in fact they are worth 90m to 180m dollars split in a JV with SunSteppe.

That's an 8,000 % increase from the Sept 2022 low of 0.85p by the way.....

To put things in perspective, Empire Metals is for the time being loss making, and currently has no revenue. It's a titanium explorer aiming to be a producer. It raised £4.5m in June this year. It's loss of £1.7m in H1 was higher than its 2024 H1 loss of £1.4m.

Back in late 2010 its share price was around £6.40.

In Sept 2022 its share price was 0.85p.

It started this year at 7p.

It's now 69p.....!

When things finally start happening with resource microcaps, they can be very dramatic.

When you ask AI about any developers involved with renewables in Mongolia, it only mentions another one - Clean Energy LLC. Other parties named are just sponsors ;

" Key renewable energy developers and project sponsors in Mongolia include SunSteppe Power LLC, which is focused on large-scale projects and is a partner of Petro Matad; Clean Energy LLC, the company behind the Salkhit Wind Farm, with Newcom as a sponsor; and a number of international organizations like the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) that are involved in funding and policy development for projects such as solar and wind farms.

Key Companies and Organizations

SunSteppe Power LLC:

A leading developer of utility-scale renewable energy projects in Mongolia, formed as a joint venture with Petro Matad. They are developing projects ranging from large-scale wind and solar to a green hydrogen pilot at the Oyu Tolgoi mine.

Clean Energy LLC:

The developer of the Salkhit Wind Farm, which was Mongolia's first grid-connected wind farm and a pioneering project.

Newcom:

A major Mongolian holding company and the sponsor behind Clean Energy LLC's projects.

ESight:

Manages and integrates a remote control center for wind turbine fleets, providing performance insights and market price monitoring.

International Partners & Support

Petro Matad: A London-listed company that operates in Mongolia and established the joint venture with SunSteppe Power to pursue renewable projects.

European Bank for Reconstruction and Development (EBRD): Involved in financing various solar and wind projects in Mongolia.

FMO (The Netherlands Entrepreneurial Development Bank): Provided equity to develop the Salkhit Wind Farm.

Green Climate Fund (GCF): Supports Mongolia's efforts to transition to a low-emission future through financing renewable energy initiatives.

Asian Development Bank (ADB): Involved in financing projects such as the Bukhug solar project.

German Development Cooperation (giz): Provides expert advice to stakeholders on decentralized renewable energy systems and their financing. "

Proquo - MB kind of tried to excuse the price agreed for the forward sold shares by talking about " Mongolia fatigue " which I found a bit odd. Forward selling can be a really toxic thing for existing investors - it always needs to be a last resort. And we never get to hear about when the agreement was actually made so that we can then find out what the share price was at the time. It's all very murky.

And what I can't understand is that Petrovis are now underwater to the tune of probably several million dollars with their holding. MB mentioned in the presentation that he is also greatly underwater with his shares. So why did they go for that option of probably allowing the city boys to dictate how much they would pay for their shares ?

" subsequent sell off in June " I meant.

Thanks Proquo.

I will be writing to them asking why Petrovis couldn't simply have expanded their share of the company, rather than forward selling shares. Or a combination of this and using the 1m credit facility Petrovis offers them ( or was it 1.5m ? )

IIf this had been done when the share price was above 2p then Petrovis could have simply bought the shares at the current market price. I have a sneaking suspicion that the forward sakes agreement was done back in May when the share price hit 2.4p and that the subsequent sell in June down to 1.2p was because of the forward sold shares being sold off by the institution who they were sold to. If this is how it worked then Petrovis buying in may have supported the share price over 2p.