Member Info for ManxKippers

We have finally arrived to the marvellous Money month of February.

Hurray up she rises!!

Its only -29 degrees C in Mongolia at the moment.

A bit of a way before the spring thaw starts, sadly!

I think it would be almost impossible for MB to raise at these levels of SP. The dilution for the money needed to raise would be of such a magnitude that it just wouldn't be fair and would be far too painful for everyone.

Oddly - at these prices, this puts pressure on to MB not to raise and to find a facility solution. This is not bad for shareholders.

If H1 can produce 750 bpd after the sand removal plant is fitted. Then only three wells put next to H1 to produce the same. This would result in 3,000 bpd or $120,000+ margin per day = circa $45 million per year. This could be achieved by July this year easily.

I don't see a problem here at all.

Just to add to Docs sentiment about mad thinking and conspiracy theory, I eould like to declare that it is God's will rather than paid rampers or destructor.

Why not?

I am also liking that on the Google share price, they have now started spliting the share price to 1.365p or 1.375p. adding the decimal point means we are trading on a very level and tight banding. This is stable and almost normal!

Will that last? I hope so but probably not! Not a bad sign though!!

With MB's clear statement of income in February, there is probably a set date for a big signing ceremony with the MG, PC and Chinese officials planned to state this so firmly and confidently.

I am suspicious that this may be for an agreement about more than just selling a few tankers of crude oil. We will have to wait and see if anything else is included such as a cooperation agreement for the new blocks or for drilling on Heron or for renewable. The Isle of Man new company Petro Matad Energy Ltd was set up a couple of years ago for joint ventures with the MG present etc. This has been planned from the start and MB stated the new block would be operating within the new company for this reason. Very intriguing and a long long term plan and back room agreement here.

I can't wait for the new RNS to drop.

OK - BadP. Fair point.

"The enlightenment will be in the reading!" then!

For all of the endless posts with conjecture and total guess work, the proof will be in the pudding.

Will the RNS land this week, or next or even the week after that? Who knows. But when it does, I sincerely wish that it will answer as many uncertainties as possible and leave us with a sense of a solid and bright future that is managed within limited finding confines and with a good projected income stream.

We need the next RNS.

Yes - I appreciate it is very low. But the bouncing ball volatility is exhausting.

There are lots of gentle sells today. That means someone is quietly buying. Another careful and large accumulator perhaps like the 8 million last week perhaps??

Glad to see the SP relatively solid and steady at this level. No wild swings and a good platform from which to rise.

A little comforting.

It is my birthday today.

My gift wish is for the perfect RNS to land delivering the total news of all of the current pending being resolved and sorted re sales contract and export licence and the remaining block licence along with the access special purpose status for Heron all being granted. Renewable announcing a fully externally funded huge project. H2 suddenly showing huge flows from nowhere. Gobi similarly. Crude turned into cash through sale. Oil prices breaching $125 per barrel. Trump taking out Irans oil refineries and infrastructure. All resulting in the SP running to 76.7p per share.

Even a quarter of any of this would be acceptable!

So my present, please MB, is a damn good, confidence building RNS with a reassurance that there will be no raise needed. This RNS to be this week too.

Thank you!

I wish this for all of us who still somehow and blindly believe this is a company with huge prospects!

Everything you say, Espen, is correct. Like it would be for a pregnant woman.

However, the waters have broken and MATD is definitely going to give birth. I don't believe for a moment that this will be a still birth. The question is how big, plump and healthy will this birth be?

Thank you, Espen.

I am enjoying my sandwich!

Agree too, Velocoraptor!

"The end of the world is nigh!"

"Did anyone bring the sandwiches?"

Comes to mind.

Let this baby get fuel in its tanks and fly baby fly!

To state the obvious, if someone is buying 8 million shares in one go, they clearly don't believe there is about to be a raise!

We need 364% up WOS!

It is my birthday on Sunday. I am happy to get my present within the next 10 days.

All aboard the Skylark! (Great album too!)

There is certainly a hole in my bucket - Hamm!

Annoyingly 8 million is just a blip on the chart. A random irregular single heart beat on a steady pulse of SP.

Helter Skelter by The Beatles comes to mind!

A few typo's. Sorry. SP around the 1.4p per share obviously.

You get the gist though!