RE: They're in no rush to RNS.9 Jan 2025 13:27
Just to reiterate what really matters - sign-off from Mrpam in progress with a view to getting the export licence, work on H1 pressure control in progress with a view to really ramping up production in the future, topside infrastructure in place and with pipeline and refinery coming onstream in the future, H2 being work on to increase flow rate, oil being pumped, stored and kept warm until export licence is cleared, multiple thousands of barrels waiting to be sold, the company is debt free and solvent and has confirmed a wish to borrow on reasonable terms to develop the company, Sunsteppe due to make an announcement about large battery storage project in Q1 2025, hints of talks for JV and/or farm-in going on in the background, experienced team and kit ready to go when winter ends in about 10 weeks to, two new PSC's secured and ready for exploration, a company recognised by the Mongolian government as having a key role to play in its future energy independence. And the Mcap is er, 22million. There is simply nothing out there in the small cap oil class with remotely as much worth so little. It really is as simple as that.