Member Info for MisterPositive

Alvernikof
That is excellent news. Thanks for sharing.

Things could get very interesting for BOIL.

Yes. Placing not always bad. Seen it so many times when stock actually breaks out to the Upside. CLON recent example to rise +200% from actual placing price.

BOIL should do similar to either CLON or VAST with news incoming. Market re-rates on future outlook and newsflow not past.

Will not be surprised BOIL hitting 0.15 next week ahead of incoming RNS. After news we could see a further substantial rise to build from 0.15 upwards

Someone paid 0.095 today !!!

Could be in double figures soon.

Agree. NPV10 should be revised higher from 300m+

Gas prices per therm expected to average around 280 pence per therm for 2022-23.

Spiked to 650 pence a therm on 7 March 2022.

Corallian valuation goes Up quite a lot and so does our 49.9% share of Corallian.

We are all adjusting to higher Gas prices for coming years as this Russian invasion prolongs much longer than originally anticipated. Hence there will be Deals and Acquisitions of domestic Gas deposits. Corallian fits the bill nicely with Offer already on the table.

Curreng MCap vs Asset valuation are poles apart.
Expect this to re-rate substantially as identity of the Bidder is revealed.

Breakout en route.

With higher Oil and Gas prices and offer on the table, we could see this keep ticking higher towards 0.65- 0.80 and then 1 pence mark over coming weeks, unless identity of the Bidder is revealed lot sooner. Tick Tock !!!

MMs were busy filling large Buy orders today like the £52k reported after hours.

Tomorrow should see a breakout as punters start taking positions here.

0.65 on the cards as per Zak Mir if we breakout.

Monster trading volume today.

Something cooking.....news must be close.

Manro
Not sure whats happened. You used to be very positive and upbeat and cheerful and so was Hamm back in 2017 when we had a good run up in price. By the way we had NO oil discovery back then. That strong rise came on strong momentum with the Massive potential of billions of barrels of Oil in vastly underexplored Mongolia. Oil is still there. Massive upside from Block V is still there with a proven active petroleum system.

I do share the frustration that MATD need to report progress in mini steps and NOT wait for an all singing and dancing one Operational update. They should simply report on whichever bit is done so we can focus on whats to come. That is PR / Marketing skill NOT many CEOs have.

Anyway, we now have Heron oil discovery which progressive analysts have valued at circa $250m base case (risk adjusted). NO DEBT. Low number of shares, etc. So MATD is pretty much de-risked with limited downside but Unlimited Upside.

We are all adults and mature enough to decipher various components of the official RNS and corporate interviews etc. MATD have jumped over various loops over past 2 years in respect of different permits etc. Central Govt knows what to do to get things over the line. Mongolian oil industry is still evolving with updated framework and Governance being put in place during this important transition. Keep the faith if you done your research.

This should come good. ATB

"Processed to an interim Pre-Stack Depth Migration, these initial data are already providing encouraging indications of improvement in the quality of subsurface imaging around the Chuditch gas discovery and offset prospects, compared to the legacy data. Interpretations from these interim data will now be used to feedback iteratively into the final sophisticated seismic processing, which remains on schedule and budget, with final data delivery to Baron during Q2 2022. The final processed version will be critical in the re-evaluation of the Chuditch discovery and surrounding prospectivity, in particular the evaluation of in-place volumes and the location of potential future wells."

with final data delivery to Baron during Q2 2022.
An update should be very close now.

Average Gas price per therm in UK is forecasted to be around 280 pence per therm for 2022/23.

RBD 49.9% stake in Corallian valued at +96m using only 50 pence per therm Gas price estimate.

RBD on route to become a "Multi-bagger".

VAST 10 x bagged from 0.25 to 2.65 in just 3 days.

7 March 2022
"Wholesale gas prices in the UK have reached an unprecedented 650 pence per therm, after expectations of supply disruption from Russia."

https://www.newstatesman.com/chart-of-the-day/2022/03/how-uk-gas-prices-have-surged-to-a-record-high

Wait for a leak in the Weekend press.

Funny enough, details somehow always get leaked. Cat is out of the bag now. Time to load up before start of next week.

This could do similar +400% rise like VAST once Corallian offer price is revealed in my view.

Board thinks offer price is attractive enough. Hmm

Interesting developments today with a bidder moving in for Corallion Offer.

Value of RBD 49.99% stake in Corallian would be "Multiples" of current MCap.

Game on !!!!!

Was around 9.50 pence last year.

Directors bought @ 6p.

Yesterday's updates on both Baita Plai and Tajikistan assets are game changers with Production to rise lot more than previous quarter

No brainer at this low MCap which is what we need to focus on. We also getting +12% Royalties income stream. This could be in double figures very quickly.

863 trades in just first hour.....wow

Talk about strong momentum!!!!

Baita Plai mine -
Production increased by +24% vs previous QTR.

Q2 Production & Revenue numbers outlook should be even better.

Company said:
"Mining activities are epxcted to see a significant tranformation with the implementation of two Mantis CMR4 Jumbo Drilling rigs and the Aramine miniLoader L130D with remote control capability.

With the two new Mantis drills and the transition to mechanise mining together with the implementation of long hole stope mining, significantly increased production output should be achieved, and then the focus will turn to the plant to increase its capacity in order to process more tonnes."

"All the basic infrastructure for the mine is now in place and the Board believes that with the increase in production the mine will become a profitable asset, with many additional surrounding skarn deposits waiting to be exploited."

"Furthermore, the presence of bismuth and molybdenum highlight the mine’s strategic value. The processing plant has undergone modifications with the introduction of a molybdenum flotation circuit. Final commissioning of the molybdenum circuit is expected to take place during Q2 2022.

The changes outlined above are forecast to result in substantially increased production of copper concentrate, commencing in June 2022, and are expected to be reflected in results from Q3 2022 onwards. "

On a personal note, i think todays extremely positive Update took Market by total surprise. Substantial Upside with lot more to come. Crazy low Mcap even after todays rise from all time lows

Environmentalists have been at it for past few years, yet Petrochina been producing 18000 bood for many years.

Mongolian Govt still on track for their major domestic Oil refinery to ensure the railway line is in place to transport crude oil from Heron and Petrochina blocks.

These protests are NOT show stoppers. Local Governors getting stick from the "Central Govt" to tie up all lose ends before real transformation begins.

We all been waiting for this transformation for many years and are in this together. Just need to be careful and not to over induldge and over emphasise facebook posts. Only take guidance from "Official RNS". People will always have different interpretations.

Too much misinformation being spread here on the back of just a Facebook account of "one" environmental activist and then a few people starting Negative Thread titles here.

Central Govt is the authority and Local Governors report back to The Central Govt. Permits been granted long time ago for Heron-1 after meetings with local communities after which Exploitation Licence was granted last year.

Block XX Exploitation Licence area covers lot more area than just Heron.

From what i can gather, these activists been busy pushing for more emphasis on the Environmental impact on local communities from any new drill permits issued by Centtal Govt going forward.

They want some sort of Framework in place to mitigate any Environmental impact and pushed for resolutions to that affect. Given PetroChina lack of effort in past years in terms of Environmental impact / consideration. Nothing to do with revoking any existing permits.

Some people giving too much credibility to just one persons FaceBook page ? They much be loving all this attention.