Member Info for kr1988

I was just about to post this Dai, it seems to be coming together and payments been made but how much is a deposit? Could that 1 millon raise cover that deposit? Still unsure about the money side but i will watch it today to see if it spikes.

I thought it would take off but it appears it hasn't, I guess the key info will be the flow rates.

The oil again I guess its classed as commercial due to the cost to transport it. In Mongolia it must be high but Australia must be cheaper. They only issue is they only got 80 barrels which is only 2 days worth of oil so not a proper test.

We will see, I think its a good sector to be in but who knows. I wasn't sure about buying in as it had 4 bagged a few months back but it seems like its pulling back again now so Ive been spiked but Ive only got a grand in so if it drops 30% that's only 300 quid.

I mentioned this last week at some point, they are looking for Tungsten in the USA, its a critical metal and one of huge importance to the States. I think its a good stock as in the new year USA wont be importing Tungsten from places like China so domestic supply will be in higher demand.

I brought in on Thursday/ Friday at 4.5 now its sat at 3.4!!!!!! I've sold half today so lost 200 on that part of my trade. This is on course to be my biggest loss in a few years hopefully it will bounce back up but least I only put a few k in and didn't go too deep with it.

True maybe, its been on a real run recently, mostly blue the last week or so.

Of course, they could of brought a few weeks back at 8-9 pence but waited until now to buy? Maybe something is very close to being announced.....

Ive just brought in, I was hoping to get a better entry point as its 4 bagged already but with this listing happening potentially today I want to be in before the next rise.

Tungsten I think is a little under the radar of most people compared with say silver, gold lithium etc but when Trump bans the import of this next year Tungston will go on a run then. Hopefully positive news about this company will help propell this up further before then.

Has anyone noticed it seems a very red day today. Any ideas what's caused around 70% of my watchlist to drop?

Do you think they have enough money or will they need to raise?

Like you said its a high risk one but could offer a nice return.

Part 2

- His post stating that the renewables side would " be worth pennies. "

Yep that’s my opinion, how much has it made us so far? Zero…. Is giving an opinion wrong? I cant see renewables make huge money but we will see

- And now making out that the renewables side has nothing going for it except putting in for some tenders. He even gets the SRE CEO's name wrong - calling her " Zulu " instead of " Zula. "

Apologies for the typo in her name.

His comment ;

" Zulu I’m disappointed with, I thought she was a golden bullet but we have to tender for the work.

She is promoting renewables which is great but if we’re not getting the contracts what’s the point? Great for the country but it’s about us. If we lose the tender all the work and effort she has put in ( paid by us) goes to waste. "

So he totally ignores the fact that Sunsteppe have two projects scheduled to reach the RTB status this year. In the AGM MB even answered a question to clarify at what stage these projects can be monetised, and mentioned the possibility that a dividend might be paid out from the proceeds of these two projects.

IMO this the type of blatant misinformation spreading that LSE and the FCA need to be looking hard at. Hopefully someone at the

We have won 4 projects, but as a “special Advisor” Id like to think we could of got more off the Government presuming we have someone close to them but we haven’t. They are currently tendering offers for other projects so her relationship with the Government is worth Sweet FA to us.

Part 1 had to post this over 2 posts.

Investor feel free to report me, I suspect the amount TBT's reporting doing I’ve been reported at some point.

Lets break down your email.

Personally I think that TBT needs to report Kr1988 to the FCA. I mean, his spreading of false information on here has been absurd ;

- A while back his long post with figures and calculations designed to show why a farmee wouldn't be interested - all based on a field lasting 5 years.

My post was about the amount of money someone will need to invest to get us up to 5000bpd based on what you guys were saying at the time would be achieved quickly. My post is below, it doesn’t say the well will last 5 years simply how much roughly it would cost to get the business upto 5,000 bpd (which was 5 years). Sadly some posters cant accept alternative opinions and had to jump on things I didn’t say nor infer.

As we all know within a few years this company will be making between 5000-10000 bpd. I think we all agree that’s a matter of fact?? If we get a farm in how much will that cost them?

So Ive taken some time to do the calcs.

The below is based on a commercial well costing 4 mil, for every 10 commercial wells I’ve added in a further 2 wells as none commercial at 2 mil each and I’m basing the average commercial well at 100 bpd as it’s a nice round finger. I’m also using the 70 dollar a barrel figure as quoted in the recent presentation that gives us 40$ profit a barrel. We’re going with a 50/50 split on all profits as well.

The ramp crew should find the above very acceptable.

So year 1 it will cost 44 mil, ( 10 wells at 4 m plus 2 dusters 2 mil)

This will return a profit of 14.6 million, 50:50 that’s 7.3 mil each

Year 2 it will cost 44 million, (10 wells at 4m plus 2 dusters at 2 mil)

is wil return a profit of 29.2 million, 50:50 thsts 14.6 mil each

Year 3 it will cost 44 million, (10 wells at 4m plus 2 dusters at 2 mil)

This wil return a profit of 43.8 million, 50:50 thsts 21.9 mil each

Year 4 it will cost 44 million, (10 wells at 4m plus 2 dusters at 2 mil)

This wil return a profit of 58.4 million, 50:50 that's 29.2 mil each

Year 5 it will cost 44 million, (10 wells at 4m plus 2 dusters at 2 mil)

This wil return a profit of 73 million, 50:50 that’s 36.5 mil each

So the total cost to get to 5000 bpd will be circa 220 mil and the company will receive 109.5 million in oil sales so in

(Sorry cut off the bottom of my post and I cant be bothered to go get it again)

Wos it’s a small slice of the pie for someone so influential. Maybe more will come through soon but we will see.

Anyways I’m off out now to work, enjoy your day posting rubbish about Matd all day.

Re the valuation i didn’t hear it but I might of missed it. I have a 2 hr drive I’ll re listen to the presentation.

Zulu I’m disappointed with, I thought she was a golden bullet but we have to tender for the work.

She is promoting renewables which is great but if we’re not getting the contracts what’s the point? Great for the country but it’s about us. If we lose the tender all the work and effort she has put in ( paid by us) goes to waste.

It’s like a salesman going to a big company and promoting the benefits of updating their fleet only for the company to take their advice but go with a competitor…..

Sorry where did you get the value of 50 mil for sunsteppe?

Good shout pp!

I’ll take a look at these both

Here is the link to confirm the ban.

https://rareearthexchanges.com/news/the-pentagons-rare-earth-ultimatum-ban-on-chinese-materials-by-2027/?utm_source=nextinvestors.beehiiv.com&utm_medium=newsletter&utm_campaign=the-sunday-wrap&_bhlid=d8da954fedf5ed73f7abfe11e23b83cffa0f38a4

Hey,

I stumbled on this share yesterday I didn't realise we had a company on AIM looking for Tungsten. Its added right to the top of my watchlist.

I should note also to Crusty Pete comment that from the 1st Jan next next the US Government is looking to ban all imports from China so finding companies within the US border with Tungsten will be of importance to the US government so this company may see favours given to them to get the project moving.

I could buy 5.7 last night now its up to buy at 6.07.

I hope it pulls back massively on Friday when these warrents drop. Id like to buy in but I keep missing buying opps

Oh I get you, do you think it will hit 2 pence again, that's another 50% from today's rate?

Its one of these share where nothing exciting seems to happen, its just a bau now but compared with some companies it does seem to be well run and seems sensible how they are running the company

What does this show dai other than it’s been a few bad years for them?