Member Info for master82

Auto spell . Not everyone is perfect.

Why was news not released at 7am. Documents were signed. Why at 11 after I posted the Facebook clip.

LP has been approved. 90% of the planned wells are not in the disputed land area..

IMO the news would'v been held back from us . The meeting took place two days before the news was released due the finding on Facebook.

I think friends didn't get a chance to buy before the forced RNS.

He did not even thank the shareholders for their patients.

DQE is expected to pay for all new wells..

No need for money as revenue will start in the next few months .

This was 4.25 last month without the permit.

Aim market for you. Totally manipulated..

Do not sell as you are giving in to these mms..

No reason to expect any drop in the SP.

Mms are clearly tree shaking before the big rise..

This has to have 100% rise and should be at least 7p.

It was 9p two years back and was 7.2p last year.

Manipulation by mms

PM has 16 wells in total planned including heron in block 20.

The overlapping only affects 2 wells .

Don't know what the fuss is about.

14 wells will bring very generous revenue to PM..

For all new guys, here is a map of all the wells planned in block 20. Obtained from research on Facebook.

https://x.com/mastersriv/status/1796290913691689397?t=m0lHDUzs4cWN6xBbKISnmg&s=19

Out of 15 wells only 3 wells are in the overlapping area..

https://x.com/mastersriv/status/1765704771342574017?t=hecB6DvauQZV5Ln5hQAqDg&s=19

Majority of the wells planned are outside the overlapping land.

Let's get over 2024 operations and see what sort of flow rates are produced from each well.

I think 10p is reasonable once well is online. That's around 100m mcap.

Pro. Your not a big investor.. your a day trader trading small amounts..

Some of us here are here to make real good money not made few grand at a time..

It might go higher..wait and see the flow rates first.

That's my target 8p. I will leave some in but need the money to start my new venture..

Clearly your not a business man..

If I have an asset which is worth millions and you want to go halves . What do you think I will say.

Value the asset and pay your half to be a partner

.

Simple .

I'm not going to pay half to be partner on my own asset..

Go to business school and learn how business world works.

It's a free carry..it cost DQE around 1.5m per well.

Each well cost is 2m. 14 wells comes to 28m. Is block 20 only worth 28m..

Like I said PM will be getting a free ride from this partnership.

Partnership is not starting at exploration level but at exploitation level. Oil has been found worth hundreds of millions. Use your head .

PM can not be expected to pay for new wells.

Maybe for renewables they Will need money but that is in 2025.

MB will be concentrating on block 20

Pro. Your just a day trader . Out there for yourself.

Why would MB raise when the SP is on the rise and all hurdles are over.

Like he said the people funding want progress.They want to see income from oil.

Is DQE getting a free ride..are they not going to pay towards the partnership.

PM should pay nothing for block 20 from now.

Your talking crap again.

Next few weeks more news .

PC deal

DQE deal

Workforce on-site news

Flow rates.

New blocks in few months.

MB should not hang around waiting for the DQE to sign contract. He should keep this moving and finish Heron.

If DQE are busy finding another operator.

Keep business moving ..deals can be made at a different stage..they have had long enough to finalise the deal.

I don't see how elections should affect the Chinese work force.

All equipment is in storage. Transport should not be hard to find.

It's 15km away from PC facilities and it's completely secluded From the population.

The workforce should start preparing the site.

No more excuses

I'm sure MB can get a team to start on the concrete base. No need for specialist.

Any building company can get the base ready provided the drawings are presented.

It takes a week or so for concrete to cure.

Get your butt moving MB.

Next week someone should be on site

It's been 2 hrs and check the volume. Not seen it this active for over a year. .

This has been the most active it's been far as I can remember.

Do not sell if you want o make money.

No more negative news to flow..

It's all positive from now.

LTH will tell you, we have been waiting years for this news..