Member Info for Jimithebrush

I think if the SP ever got to 5p again there'll be a mas exodus like we've never seen before. GLA

Let's hope they're not another lifestyle O&G company issuing shares like confetti. Billions and billions and bugger all to show for it. There not exactly going to be in a position to do a buy back for a good few year yet or consolidations either way neither are going to be welcome, and I think worse case scenario de-list. I do think we're in a very nippy b u m time regards money. GLA

Doc I think unless any shareholders know Mongolian politics who can enlighten us then we're going to be stuck knowing nothing yet again and then to top it all off yet another permit. It does make one think what are MBs motives for withholding information at every step of the way that surely even members of the board from our biggest shareholder surely would have done their due diligence so that all these hurdles could be handled a lot better. It's absolutely soul destroying to see that every time MB speaks or even RNSs anything it just tanks the SP. It really does beggars belief. GLA

"Following the high level meeting held at the Block XIX facilities some 20km north of the Heron-1 well, agreement in principle has been reached between Petro Matad and the Block XIX operator for the collection, metering, processing, storage, export and sale of Block XX production. The details are now being incorporated into a cooperation agreement which will then be presented to MRPAM for its approval. The parties have committed to try to have the agreement in place in time for production start-up on Heron-1 which is now anticipated to be during October" An agreement in principle so no actual contract yet. So basically no money for the fluid stored at PC facilities until paperwork signed sealed and delivered. Oh and PM inform us they don't know how long it could take, no wonder the SP is 1.5p. GLA

Come back in 2034 and see if you feel any different about your investment then. And selling at a 50% loss, no thank you. GLA

Wish it would hurry up and bounce back up so I can leave with at least the shirt still on my back, and before any comment's "sell up and move on then" no, not at a 50% loss I won't. GLA

"But you can't handle the truth" would it be the truth even if we were told something anyway? GLA

I really hope not, I invested heavily in Sirius with it being relatively close to home and saw a lot of people lose their life savings. I'm trying to be as positive as I can and unless the company turn this around I fear it may, 55% down so no chance of selling but as it stands it's not a complete lose until sold or if we get to 5p I'm gone for good. GLA

I went through all this carp with Sirius minerals never thought I'd have to endure that pain again. But I'd take 5p a share right now. GLA

Hay Hamm have you changed your broker?

"All the downside is priced in here now, no it isn't, and here's why," depends how much confetti gets spewed out in the next funding round because it looks more likely than not they'll need it. Will we have 2 billion + shares this time next year? GLA

As it stands we now have 3 wells pending further evaluation? What's that going to cost and supposedly a further 3 or four to be drilled in 2025. Somehow I think we're going to need a bigger boat?!? GLA

"So not much has really changed other than a marked short term fall in the SP." That short term fall in terms of the SP has been happening since H1 was 1st drilled back in 2019 so not exactly short term, H1 funds regardless of when PM receive the cash ( company not sure when PC sign final terms of the contract) will not be enough cash to bring on line the planned wells next year even with how much might be left in the bank now if each well cost 4mil a pop. Some board members receive a substantial wage package with which long suffering LTH's have subsidised for such a p i s s poor performance. One can only hope that they can turn this whole thing around and finally show shareholders some SP appreciation and I believe that won't happen for some time yet. GLA

Things started to go down hill when the 1st issue was getting kicked off the field for the illegal drilling back in 2019. Just 1 calamity after another ever since, more years spent waiting for approvals and permits and still waiting for more. Probably explains why no-one else is prepared to enter Mongolia for O&G exploration. Yep feeling bitter but at the end of the day I payed my price and now just waiting to get back to my break even and I'm done. Aim gambling sure ain't healthy for the bank balance. GLA

I'm sorry but people saying yesterday's RNS wasn't that bad "do you live in cloud cuckoo land" yesterday's RNS was that good the SP sank 30+%, delusional. You need to take your blinkers off. This stock is the funniest on the market because at the moment it's a laughing stock. GLA I think we're going to need it.

Yes but that is something shareholders never get Doc, of lately all this SP does is go "down down deeper and down". Looks like gunna be locked in now for another few months. Just have to hunker down for winter now and see if they can turn it around but wont be holding my breath.

Might also explain why there was no PR, there was f@#k all to promote!

THERE IS NO MONEY COMING IN. ANY FLUIDS ARE BEING STORED.

All this bad news makes me think did they hold out telling us so that those close to the ground could bail out before crash? Was it DQE doing the selling beforehand?

Unbelievable 2025 will be my 8th anniversary holding these. I really do think it's time for a new leader. Year in year out just one poor p I s s performance after another. How many millions has he been paid for running this company

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