Member Info for kr1988

Fingers crossed these are buys and not sells….

They are producing oil on one of their other wells so in theory is now self sufficient.

Totally agree, the SP is down today which im not surprised about at all

I read a bit about it on the BB and they wanted numbers about the costs etc. I think the main spike wsill be when (if) a JV is announced without that we have the fear of a fundraise.

The update today suggests there has been talk of a fundraise which is behind the recent fall in sp. I’ve not heard anything and I think the drop is due to the uncertancy after the recent drill.

You never know with placing, recently they have taken off so it’s understandable why you jumped in when you did. That large trade is huge just shows show much liquidity is in that share

Hmmm its tough on MATD, its pulled bacb from around 3 pence to around 2.3 which isnt ideal. Ive watched HEX and GEX but both took off at IPO before pulling back.

HEX to me feels like a DM rampathon and worry it will be a duster so im gonna maybe trade it if the first drill is a duster as the second one still to come up.

GEX seems to of recovered after that false news but still not sure on it incase the posters attack the share again.

Confidence levels I really dont know, im giving it time to see if they can pull it out the bag before results. Its taken them years to get here so feels sioo close yetv so far, I saw a poster say they have 5 weeks before the winter to get Heron 1 online which isnt much time at all!

We have had lots of posts today (welcome back WOS) but we have some important info getting shared so I thought Id reshare some of the key points which might of been lost to all the noise

Firstly we have the Mongolian govenment ramping up their oil refinery so long term MATD wont need to rely on the Chinese.

Https://montsame.mn/en/read/351305

It appears an advertisement for workers on our block has been placed with the Governers approval so fingers crossed the approval has been approved.

Dan Mirs tweet & Master's tweets

https://x.com/mastersriv/status/1835588393318691178?t=bHNFsknEKk6_80bg7UK-6Q&s=19

Https://x.com/DanMavr/status/1835588193602719988?t=smaYxcgZwGRmTS73XwTxUw&s=19

Finally Gobi site is coming along nicly hopefully spud will be any day now.

https://x.com/mastersriv/status/1835598889748979826?t=pfQCagEFjOJGAodtEM7ZMA&s=19

Three big pices of news, the latter two are more relevant to us as the oil refinery wont be online for a few years but fingers crossed we have everythintg signed off with Petro China and the local Govner to start producing in Q4.

Thanks for those who found this info out for us.

Afternoon Tro,

Not been on in a while as I lost my book mark for this page lol

Any hot tips your watching these days? The market seems soo tough right now and really noting standing out to me right now that scrams to be to buy. Currently in MATD but thats even a real gamble.

ALL is really low and apperars to be recovering, they need a mining licene but cant get one until the Mali government returns in early October.

This is a real shame, this will bring loads of money into the local economy plus all the relevant taxes for the nation.

They have a resource thats hot right now, they should be bending over backwards to pull investors in by displaying swift decision making for companies working with them currently. The best way for these countries to get out of poverty is to work with western counties/ business and ensure both parties benefit. Imagine if countires like Saudi didnt exploit their oil reserves they would be very different country.

Yeah this will slide as I think they have tough winters like MATD so operations close until the spring so time is running out to take it online if they plan to.

If it doesnt come online deffo one for early next year to buy for the rise.

Yeah their was no money to be made on the back of the CHAR placing.

How is your PANR coming on Dai?

I agree Legal Im a bit wary about them, im really hoping that the land access drops first and sends the SP on a run as Im not sure which results will come first as Heron 2 is a 30 day drill and Gobi is shallower so going to be less so results could drop Mid October and like you said if its a duster it may recover like CHAR did before as it had the second drill results but what happens if one RNS tells about both results???

Ideally ill be out for results but right now its not looking good after the drop last week im sat at break eevn so id like a nice increase to justify my initial investment.

Ok ill add it to my watchlist, I suspect a fundraise will come first?

Great find Master, did you notice the love heart at the top right of Gobi, I was looking at this first thinking that was the drill pad lol Id love to know what is is as its a huge heart prob 8-9 times the size of the drill pad so what ever it is is huge.

Oh right I get you, but that drop last week was a littler over cooked then really. Just seems such a massive drop for a duster.

I dont understand the drop, why drop so much when they are just confirming the news from lasat week? Its now dropped 50% twice, thats real brutal for lth

No but some biggies today, CHAR and Pred have masde big announcements.

Well WOS believes the post of an anomous poster, must be about 10 posts by him today lol