Member Info for master82

The line is actually where heron 2 will be drilled. If you calculate from the two wells in the north of heron 1 in block 19 (PC BLock) you can see heron 2 will be next to that line.

Ground prepared is between Heron 1 and Heron 2 well..

Heron 5 is not far either.

https://x.com/mastersriv/status/1812145907707613375?t=bxb3fHtWdfMbgSj34N_4IQ&s=19

Site was prepared on the 05/07/24 from satellite images. DQE have the contract so they have probably started preparing

https://x.com/mastersriv/status/1812145907707613375?t=bxb3fHtWdfMbgSj34N_4IQ&s=19

Yes doc that long line . Things are happening on the ground ..this line has only appeared ..it wasn't there few weeks back .

For all those in doubt, here is proof of preparation stone throw away from Heron well.

Ground has been flattened and prepped for cabins.

Https://x.com/mastersriv/status/1812126074324586791?t=jnWT2EqnDig3XQJHOBiHwg&s=19

Looks like preparations are being made for crew accommodation. Ground has been prepared 100 or so meters away from Heron.

Get in on Monday .

I should get some satellite images tomorrow. Every two days the satellite passes block 20 area..

Hopefully we should get a clear day.

It's been 4 weeks since DQE started working in block 19.

They can't be far off. As they were testing and cleaning one of the wells.

My guess is next week equipment should start moving to Heron

I have been saying it for years.

PM needs reforming.

They need to change their attitude towards work and communicate with PIs

Kammy I'm here because I wanted to see what all the fuss is about. I asked a genuine question.

This looks like a complete gamble. Best wait till it's tested.

Do you own this board grow more cash

This is. A pure gamble.

Kammy. I think you are . This is not tested yet . production is a year away. This is pumped up. Still need to get approvals .

Just listen to the Presentation and this is miles away from production.

Lot of risk still involved

Unless I'm missing something here

The biggest looser is petrovis. Thier money has been diluted too many times.

Why they haven't sacked MB or put pressure on him is a mystery

Another big mistake MB has made is relying on DQE . They are busy with PC .

He should have got Major drilling. They seem more reliable and do not have conflict of interest.

Looks like he will be getting them to do the wildcat drill

Now that DQE JV is off the table . PM should go all the way on its own. All the hard work has been done. It's a walk in the park now..

I still believe that the wildcat should not be done until PM is generating $30m a year..

Heron 1 ,2 and 3 can be completed with money raised..

3 wells doing 300 bopd should.give PM at least 10m a year after costs..

Weeks away from operations and the SP is at 40mcap

Last year without any approvals and funding this was at 90mcap.

Purely manipulative

The more.progress this company makes the lower the SP goes

This is held back. Revenue is only months away.

I think MB is too cautious. He needs to learn to pump his company.

This will be fun from now.

Only month away from production