Member Info for Ray-

One Step closer to oil out of the ground and one step closer to me telling my wife "I told you so" lol

Difference being that Mongolia needs the oil for the refinery so all good as they can then stop the imports.

Master and WOS were right then. Thanks both.

Here we go.

Please keep posting on here Master. if others do not want to read it then they can filter. I read everything on here and make up my own mind.

Lets not forget Land Access is not the only thing we were waiting for, we also need confirmation from DQE that they are ready with crews back in country. Not only for Heron 1 but also the other additional wells.

Hi LondonSuede, I also asked the question about DQE near the end of the AGM, hard to tell if Mike saw it or chose not to answer it. I can only assume that he did not want to talk about current negotiations that they are having with them prior to signing any contract with them.

Mike confirmed that they require a permit to start the operations and would not be doing it illegally.

Master, from what I recall he said that the Overlapping issue is what is preventing the Govonor from signing and can only be resolved by either the Cabinet reducing the approved area or the District/Prov to reduce the protected area that was set incorrectly by them. He did not give a timescale for this but instead was trying to focus on the District approval for the 2024 operational window.

Mike also confirmed that all equipment has been purchased and is ready to get Heron 1 into production and that all funding required as part of the last raise is still set aside and secure.

He chose not to answer the DQE question.

Just asked

At least he specifically answered my kit and funding question.

Cash available to 2025 and draw down available agreed with Petrovis not touched yet.

Hi Master, do you have the link to the post?

Also if you go back to the interview MB gave in Feb 23 it said they had kept the money for Heron 1 to one side to have ready as soon as they get the land access.

Do we think some people know some news?

Cool thanks Grogers

Silly question, how do you see how many shares are left at each price? Thanks.

TYB - where do you realistically this the SP can go and over what time frame? By the way I do not disagree with you just interested in your view. I am a LTH.

Didn't we buy KUFPEC for Sidi El Kilani in June with final payment in Oct provided from income?