RE: Main Focus 'Very, very Confident' FARM OUT for Accelerated Development - $$$21 Aug 2025 06:35
Looks like Hamm is flipping AGAIN.
He askks.
1: Some might suggest that the Heron-2 workover has already started. But if that were true, why hasn’t MB issued a positive RNS? /////// Answer, an RNS will no doubt be forythcoming once work is completed, really not normal to issue an RNS half way through the work, estimated worktine 10 to 14 days.
2: Mongolia needs oil for its refinery and MATD is perfectly positioned to supply it. That may be true, but if so, why hasn’t the Mongolian government stepped in to support the company?/////// Answer, yes they need Herons oil, but not quite yet, if Heron accelerated drilling started April that would be ample time to increase Mongolian oil production, and lets not forget Mongolia designated Heron as Special Purpose land, no doubt a reason for that.
Just an observation