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Morning all. I feel it important to counterbalance the infestation of greenboxes with some FACTS of the investment case, as follows;

300 million asset;

company covering all costs and turning a small profit already as stated clearly by the CEO himself;

nothing priced in for Sunsteppe which has multiple projects in the pipeline with monetization possible on AT LEAST one;

850k plus arriving in short order followed by full monthly payments;

two wells producing with a low-cost work programme ready to go for a minimum of two more to come onstream in 2026;

farm-out possibly arriving in short order as a proposal is currently under discussion;

Petrovis solidly behind us;

work on the huge block VII asset already under way including approaching neighbouring outfits about a potential farm-out;

the Mongolians basically relying on us to fill their refinery to which a pipeline has been completed just 15km away from our producing wells;

and NO DEBT!

Plus a new MOU with our established neighbour which the company says it is 'excited' about.

Plus Brent up over 67 bucks.

LOVELY!

Yes, the investment case remains the same whatever anyone says. Income generating, nothing priced in for Sunsteppe at all, farm-out proposal under discussion, MOU with Chinese, nearly a million bucks due in the short-term, block VII technical work started with approaches made to neighbouring producers for partnering, NO DEBT, Matad's blocks vital for the Mongolian's refinery, millions of barrels of reserves, new drilling planned and costedfor the new season, Gobi very high COS, directors with a lot of skin in the game and so on.

For me the best positioned small cap oiler out there.

Lovely.

Morning all. Little bit of drift still but a lot of news in the pipeline. The assets speak for themselves and very little priced in for them yet. Something might well land this week so maybe time to top up imo. Wonder if Buck will get round to that hat with Malcy at some point?

Looks like no Fomo Friday today after all. Tant pis!

Anyway, a good weekend to all honest investors. Next week could be the one! Haha

It's Ricard time.

Bid back to where it started at 1.2133p, so still a chance of a bit of Friday FOMO.

Lovely

Given what is going on in the world right now, energy security and independence has to top the list of priorities for all European governments, particularly wrt gas. And they need to get a wiggle on, pronto.

Could be!

Yup, Brent back over 65

I've always wondered why people continue to post once they've sold. I've never received a single credible response to this question. Why waste so much time?

Brent seems to be holding up well. Heading back towards 65 bucks.

Agreed. Enjoying this gentle ascent. Nothing spectacular, just a solid base developing. Farm-out, witholding tax repayment, Sunsteppe developments, all in the offing.

Yes Warrior. Any one of a number of RNS's could drop in the next couple of weeks. May be a very good time to top up.

After hours Tr1?

Yes, might see a touch of FOMO tomorrow as news could land on Monday. Or even another tweet or two.

Agreed. Hopefully a nice gentle ascent for the sp now, attracting investors rather than traders.

Ticking up here

Let's hope this just keeps ticking up slowly until news arrives. Good sp base for solid increases now hence the absence of stockbashing traders. The winter is ticking by and we know there's a lot going on behind the scenes. I've said it many times, but our lack of any debt is such a boon. Tick over until farm-out, work on low-cost work for Gobi, H2, keep tweaking H1, let Lula do her thing at Sunsteppe, keep working on Block VII potential partners, hold out for the right deal on Block XX, as long as it takes really.

Lovely

Well, it's been said many times that Buck is partial to a Thursday RNS

And some MM sp manipulation into the bargain!

.13 was the ask at that time of the morning. The sp started to tick up after that imo.