Member Info for Jimithebrush

Rerate (predictive text 🙄)

And how many years have we been waiting for this major rebate 🤔

Wos FYI, Yes, X (formerly Twitter) is evolving into a chat platform with its new, more robust, encrypted messaging system called XChat, adding features like end-to-end encryption, disappearing messages, file sharing, and audio/video calls, moving it closer to apps like WhatsApp and Signal, with a potential standalone app for more focused messaging. While X already had basic Direct Messages (DMs), XChat significantly enhances these with security and advanced functionalities, aligning with Elon Musk's vision for an "everything app".

//Despite the stockbashers talking down the significance of the MOU, it's clear the company think it's an important development.// If it's that important why was it not RNS'd and only given a brief mention on some social media chat platform?

Why so much chit chat about a buy out it would have happened years ago if it was going to happen at all. But if it makes you feel better.

// Block v $40 -$80 million likely farm in agreement which partner would pay $20 $30 million for 50% stake// Block V has been relinquished in 2024 so valuation on that is useless.

It's a good job the exploitation licence lasts 25 years even when accelerated operations eventually begin it's going to take many years to drill 120 wells no where near enough to facilitate the refinery when ever that gets completed year on year the goal post are forever getting moved on that too.

//when the Farm Out will open up an eventual 5,000-9,000bopd, returning a net payback of $50M-$90M per annum, on a 70:30 split.// So 150bopd average per well with half the drills been dusters we'd need to drill at least 120 wells to earn $50M to $90M per annum average $4M to bring a well on line, that's a lot of money to cough up, also who said it'd be a 70/30 split. All pie in the sky.

//We should get the feel of how things are panning out in the next few days.// Don't hold your breath.

Says you with only 4 post to the chat in about 4 months or so, that add nothing, enjoy your cuppa fella.

MB is good at cash raises, is that 3 companies he is involved with now, 🤔

Googoosh, MisterPositive1, luttrlivra, luckyrambo, IntelFirst

3.5p would be nice

//the number of energy-related MOUs has grown steadily since 2000, overtaking formal treaty use in the sector. This reflects a global move toward flexible, fast-moving frameworks capable of adapting to rapid technological and policy change. Additionally, the growing use of MOUs reflects a shift in how countries work together on energy. In the past, energy diplomacy focused mostly on oil and gas deals, which were driven by security concerns and state-to-state bargaining. Today, energy cooperation involves shared infrastructure, clean technology, investment from the private sector, and environmental goals. These issues are complex and constantly changing.2 MOUs are well-suited to this environment because they allow countries to start working together without waiting for a full treaty or formal legal agreement.

https://www.google.com/url?rct=j&sa=t&url=https://energiesmedia.com/article/infrastructural-diplomacy-how-mous-are-rewiring-global-energy-cooperation/&ct=ga&cd=CAEYBSoTOTkzMzgyNjM2MDM1MjMxMzc2NTIaNTUxYWMyNTFiMTZjMDIxZDpjb206ZW46VVM&usg=AOvVaw1a3Qq6xFR-a8d3Vrv4R-yz

Why wasn't the MOU RNSd Friday seen as Mongolia is 8 hrs ahead time wise? There was plenty of time to put one together, obviously wasn't price sensitive to our SP.

Gloss it over as much as you want, Myth1, Still in talks, nothings been guaranteed (for years). Myth2, Dilution always possible, MB was asked before if a raise was needed, No was the answer, a couple of weeks later a raise. Myth3, Heron1 production bopd still in decline, Myth4, Gazelle no definitive numbers so can't do any comparison. Myth5, Heron2 suspended hasn't proved up anything yet. Myth6, PC still not playing ball. When in 2026 will we receive all funds? Myth7, Sunsteppe is still a distraction, PM are an O&G not a renewables company. Myth8, No news is bad news still applies here,// But the constant “scam / duster / endless dilution / nothing happening” stuff is mostly recycled noise that doesn’t match what the company is disclosing//.This still stands because how many times have shareholders asked upfront questions and been fobbed off and lied to?? Explains why the SP is only a penny. We had no oil, no permits, all the hope in the world and the SP went to nearly 10p a short while back and we're languishing at a penny now with all permits and licences and producing. So yes debate facts by all means. Happy and prosperous 🍻

This will sum up this winters hiatus https://youtu.be/a36RfmYa1lY?si=A_RUv_67PcTJOkyq

I'd also question if plans have already been submitted by October gone they'll have a fair idea how much they'll need to raise or can raise wether they get a JV or go it alone, as ever with PM we have to wait and see. Happy Holidays 🥳

Stale Teabag, the most deplorable narrow minded bigot to ever grace this BB, you should be banned for life.

//Just because my opinion is disliked, its existence is a reality of the human condition, and is often necessary for a robust, functional intellectual environment.// You won't get that here KK15 Happy clappers won't allow it