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Abzza- )“… beginning to wonder if these lot are” bots” given the hours they put in “)

)that’s a very interesting idea . Theses derampers and the regular round number selling could all be part of a strategic China low bid soften up process!!!

Remember -

Proinvestors monthly figures assumes 250 barrels a day . That should increase to 800 + over next 6 months

Fiscal regime

Mongolia has a relatively benign fiscal regime for conventional oil production. There is a

government royalty (5% - 15% dependent on the PSC) which is deducted from the gross

revenues. The contractor is then able to recover the development and operating costs (Cost

Recovery). This is capped at 40% of net revenue (after deducting the royalty and

transportation costs). This will prove to be more attractive for contractors at higher

production levels. Any costs that are not recovered can be carried forward indefinitely. The

revenue after the cost recovery (Profit Oil) is then split between the government and

contractors. This varies for a contractor share ranging from 45% to 60% and is dependent

on the level of production and the PSC. There are some bonuses to be paid but these are

modest but are not cost recoverable. The conventional exploitation licences have an initial

term of 25 years with the potential of two five-year extensions.

Adw - still here every single day having sold out two weeks ago!! Makesno sense unless there is and agenda!

Couldn't do soft loan back in June because H1 wasn't flowing then but now it is, ( and at an increasing rate over the weeks ahead), So once the sales agreement is signed off by MRPAN income from H1 can cover interest on any loan needed

Stas20- so noble !! -

Saving us from ourselves again!

We can't make our own judgments without his help.

The nuances of Bucks statements are all for him to interpret!

Stas20 - is obviously watching a different video. One where he can inject as many negative assumptions as he can think of.

( anyone would think he had another agenda!!)

Funny how the recent 3 or 4 prolific posters spreading fear are absent today . They’ve done their job and picked up cheap !!

Impressive vermin !

Magna - correction . You are mixing H1 with H2 . H1 flowed naturally to surface at 821and now seems to be capable of doing more , hence it’s having to be choked back . The reference to 30 bopd was in relation to H2 not H1 as you seem to imply .

Why oh why is Adw still here when he sold out on Thursday . Gloating vulture or paid to disrupt and spread fear like to others charming chaps who have suddenly appeared in last few weeks !!!

Espen:- “… blah blah blah “…same old saving us from ourselves . How transparent !

So if Adw has sold out earlier this morning.

Ask youself why he's still here inviting dialogue with investor33 etc etc.

Why?

Header tells all .

They're hear spreading doubt and fear off back of made up scenarios .

Sit tight & re-read the RNS's rather than their extensive drivel.

Adw & Coldspy - same style or same individual !! Hmmm

Investor33- your last theory was MM flipping

Give it a rest Doc83 !

Hamm- remember MB arranged long term staff options at ;- "....New Options at an exercise price of 4.8 pence per ordinary "

Mongolian Government would prefer a JV not a complete takeover since the whole point of taking soft load funding for the building their own refinery from India is to get a level of oil product independence from Russia & China. And they've had run ins with PC flouting environmental rules and standards

That's why I see the Mongolian PM recently went to China for meetings about future exploration and investment.

They now see PM as their own check and balance on China.

Investor33- don't let the barstewards grind you down . That's excatly what this manipulation is designed to achive.!

Well well well - that 2.5 mill buy must have taken last 3 or 4 trading sessions to fill !!

Especially Sind there’s only be eg n 39 trades today and yesterday approx 50

Follow the money and not t try the negs share bashing