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Where is this fecking 'imminent' raise the criminal stockbashers have promised us since the start of the Mongolian winter last November? They've guaranteed it is going to happen in literally thousands of posts since then. LITERALLY THOUSANDS. They've asserted the certainty of it happening with such joy and glee, such premature schadenfreude that it has been utterly sickening to behold. So where the f is it? WHERE?

We've been promised a raise for months and months by the criminal stockbashers, certainly since the winter shutdown started in November. Where is it? In all that time it was consistently referred to as 'imminent', 'nailed on', a 'certainty'. Where is it? The criminals have posted with absolute certainty literally thousands of times that it was about to happen. Ithas been their staple stockbashing trope. WHERE IS THE 'IMMINENT' RAISE' THEY'VE GURANTEED WILL HAPPEN SINCE LAST NOVEMBER?

Actually, I'd say it's more like 6 months now, at least. Another day and still the 'imminent' raise we've been promised a thousand times doesn't appear. What's going on stockbashers? You're losing your grip.

Yes, I remember that ADW character wishing cancer on people. And they never got banned for it. I've always wondered if these vulgar stockbashing types are actually already banged up. It's the only group of people I can think of who could possibly get anything out of posting 24/7, throughout the night, across weekends without being invested. I believe my use of the appellation 'criminal' for them is particularly apposite for this reason. Mind, this is marginally better than the thought of them sitting alone in their bedsit hovels trotting out their endless bilge to an audience which uniformly despises them for their mendacity, with no friends, no family, no colleagues to alleviate the bitter gall of terrible loneliness and acute anomie. That really would be a pitiful existence. Prison would indeed be better.

Any explanation yet? I suspect not.

Any of the criminals turned up yet to explain why an'imminent' raise predicted months ago by them, and in the majority of posts since, still hasn't happened?

Does this uncomfortable truth explain the new scaremongering trope; that the Mongolian winter is 'imminent' in er, five months. Utterly clueless nonces. Every one of them. Hahahaha

Lovely. Up yourS criminals. With a pineapple.

Where's this 'imminent raise' we've been promised for months. Still no sign of it.

Strange that. Any explanation why it hasn't happened from the criminals? They've been gleefully making the direst predictions about one being 'imminent' for at least four months, longer in some cases. We know Sirbob sold at loss as he got spooked by these utterly spurious predictions. Unfortunately, like all criminals, they are incapable of shame.

Where's the book, Pete? Where's the raise, stockbashing criminals? Similar morality.

That sounds like a description of every stockbasher. Bit harsh on knuckledraggers though.

What gets me Realpro is that the company have told the approach clearly and repeatedly since the AGM. It's not ambiguous. My opinion is that these well-documented facts point to a CEO doing all he can to avoid a raise. A Sanderson or a Milholland would have raised months ago, and gone gung-ho at further drilling. Look how their respective companies ended up. Buck has set out a path for progress with no raise. We may or may not succeed on this path. That is down to individual interpret and decide for themselves. But for me, the strategy and intentions are crystal clear; low-cost interventions to up bopd in short order whilst farm-in progresses. In my opinion, our income, retained cash and Petrovis can fund this strategy. If the strategy fails then we will need to find cash to progress. But that scenario has demonstrably not arrived yet.

All to play for still.

Lovely.

Let me guess, Doc's preferred stockbashing tactic is still to repeat ad nauseam that a raise is 'imminent'. Just like they said months ago. Drone, drone, drone. Months of desperately hoping for a huge raise and still nada. Hundreds of posts on the same thing. Not really what Aristotle would call 'living a flourishing life', is it? Sad pleb.

I disagree with Sir Bob, however. Now is the time to ACCUMULATE!! If Buck had wanted to do a raise he would have done it already. After all, that's what the criminal stockbashers predicted four months ago at least.

Moreover, we've been told they will re-enter existing wells at low-cost with small workover rigs to try to bring Gobi and Gazelle onstream and H2 is still being considered as a potential producer. We have some cash, income and Petrovis to do all this for the foreseeable. Gazelle in particular could come onstream I short order if the new teasting is successful. Another 50-100 bopd makes everything look rosier. We know H2 flowed at 30 which is not unusual for the basin. Hence my belief that the strategy is no raise, low-cost works to try to bring existing wells onstream, or to help H1, whilst farm-in or buyout discussions are happening. I base all this on info in the public domain. What I cannot give is guarantees this will play out this way. This is AIM, so anyone demanding certainty is an idiot or, more likely, a criminal stockbasher. Pretty straightforward.

That's a shame Sir Bob. Good luck going forward.

Does 'dogey' mean that Felon Musk might turning up in Mongolia at some point? If that narcissistic fascist lunatic starts taking an interest, I'm definitely selling.

Personally, I think the putative farm-in JV will obviate the need for a raise. With the current cash position, income and Petrovis soft-loan we seem to have enough to keep going and do the low-cost works on our existing wells to increase our income significantly. This then buys us sufficient time to conclude the farm-in which could well include an up-front payment from the farmee. Our JV then starts drilling the hell out of the Heron field from the start of next season, thereby upping our income rapidly. And who knows what cash Sunsteppe might pull in, in the meantime. I've seen nothing here to dissuade me from seeing things this way.

Good work TT. I'm down to 1.62p average here and am tempted to go further. However, my large MAFL holding is such a good investment that I don't really want to topslice more there yet to release cash even though I'm 105% up now as it has still a long way to go and my new place in France is sucking up my cash atm! I sold my Lloyds and put the profit in here and I only ever have a few shares in my pf. I'd like a minimum of an additional 500k of these at this giveaway price though. . Something to ponder on as I hide from the heat. Nice problem to have though.

Good luck to you TT, fortune favours the brave.

Is this the new stockbashing trope, that the Mongolian winter in approaching? Hahahaha

Morning all. I hope everyone had a wonderful weekend. I certainly won't bother reading back overthe weekend's posts as I'm sure it was just mainly trolls with nothing better to do.

Company ticking over nicely, H2 being worked on for poss production or to help H1, farm-in talks ongoing, Petrovis solidly behind us, Sunsteppe on the verge of greatness, low-cost works planned to up our income.

What's not to like? Lovely.

I'm just chilling a fine Albariño and have bought locally produced andouillettes to put on the BBQ tonight. I have absolutely no intention of spending any time on here or over my precious weekend wrangling with zombie stockbashers. Quite a decent week in the end. Solid RNS, steady progress.

A good weekend to all.

Nice tick up at the close.

Will do Wigster. Thanks for the advice. Filtered.