Member Info for MisterPositive

This is set to go lot higher. Just make sure you are not out when the herd arrive. Difficult to get quotes sometimes, would be even more difficult when the wider market gets in. Most of them know how fast this ran up to 35p with consecutive 20% rises each day between Jan / Feb 2017. This time around we should see busy Q1/ Q2 /Q3 with regular updates from multiple wells from Heron discovery.

Volumes been great and Momentum getting stronger each day.

D1nger
EIA US agency estimated 7 years ago 43 Billion barrels OIP for Eastern Mongolia blocks clearly marking in green the whole area covering all 3 blocks XXI9, XX21 and our Block XX. I nearly fell off my chair. Had to read it 3 times. OIP 43B bbls.

Even if were to take low estimate of potentially 3 Billion barrels and apply 30% recovery rate, and only $1/bbl in ground value. That would be $900m or $1 a share (75p ).

EIA report was 7 years ago when there was no Heron or Gazelle discoveries from our Block XX.

MATD has now secured 25 years Exploitation licence. With Brent forecasts over $125/bbl in 2022 and $150/bbl in 2023 we should be flooding in cash.

IMHO, DYOR.

Again cannot get a Buy Quote for just £1000 ?

Same here. Could not get quote.
Had 4.27 to Buy on my screen. Missed it. Doh !!!!

Drill contractor talks were at "advanced stage" as per 7 Dec RNS.

So could be confirmation of Rig secured and also Petrochina JV / Farmout....who knows. Would be awesome though.

RNS incoming i think.

Its in yesterday's interview on BRR media.

Both seemed very confident.

4.30 gone.

Wider market slowly starting to participate in the Massive Upside ahead.

D1nger

3 billion barrels would do very nicely indeed.
Only 900 m shares in issue and Petrovis holds a large chunk.

Good to hear from you again. Was just thinking about you last Friday. Good to see folks still around who were here when we had that phenomenal run up in price to 35-38p in Feb 2017

Could see a bounce soon from here to upwards of 0.40 - 0.42 even 0.45

Zak Mir 3.60 would be enough to trigger next leg up to 6.3p

4p would nail this leg up to 6.3p

35 MMSCF gas per day is huge.
5900 boepd - yes.

4.10

Zak Mir 6.3p in play now.

Could see something similar here.

$100 on its way.

You never know. Highly attractive risk / reward.

6 Oct 2017 - JOG tanked to 56p on initial result.

13 Oct 2017 - one week later they did Horizontal side track well and Oil flowed nicely. JOG price shot up back to 300p....

Any shorters were crushed never to be seen again

Not sure why all the scaremongering today?

And why some people gloat after they sold?
Either looking to buy back cheaper OR taken a short position???

Very interesting indeed.

Casper
Lovely post. Great effort appreciated by many for sure.

And i strongly believe previous £110m MCap will be taken out making new highs.

110m MCap = 12.25p

Zak Mir 6.3p should be a goner when this starts to motor as most of us know from previous runs here how fast this moves with small no of shares in free float.

Reached £110m MCap back in Feb 2017 when we had no discovery.

Today we are in much stronger pisition having a very juicy Oil discovery. Heron Oil field looking to be much bigger than originally thought in my view with circa 700 million barrels before even looking at Gazelle discovery.

Out of the 2 billion barrels recoverable, less than 100m barels been produced so far with a large chunk of Oil still to come out.