Member Info for RG27

Investor33.

I still hold the view that it will eventually come good, which is why I'm still holding.

Just checked my current position and am down £54,000 at the moment.

But as previously stated AIM shares are a gamble and I no longer visit casinos, but even so it's not ideal, but it's not going to effect my lifestyle.

And Rolls Royce and CRS have more than made up for it.

Investor 33..

And he did make a misleading comment just prior to the last raise, stating that the company was fully funded until next year etc. A few are still seething about that one."

Just one misleading comment?

Poor judgement, lack of business acumen, a failure to understand the market and Government politics in Mongolia , incompetence or is MB a text book case for the Peter principle? Alternatively, and this is a premise to which I do not adhere, manipulation of the company in favor of a specific tranche of shareholders to the detriment of others.

Broomtree..

"Given the lack of liquidity that should provide a bump"

It certainly did give a bump. Pleasing this boosts my margin to around 100% on my average.

I'd see a £2.00 share price for CRS

VT-ANB

Boeing 787-8 Dreamliner

Air India

28 Jan 2014

C18Y238

2x GEnx-1B64

8005EC

Ferried PAE-DEL 31 Jan - 1 Feb 2014 on delivery

Entered into service 8 Feb 2014

"150 Years of Celebrating the Mahatma" sticker May 2019

std at BOM 17 Nov 2019 - 9 Jun 2020

returned to service 14 Jun 2020

Crashed 12 Jun 2025 at AMD into residential buildings immediately after take-off. Video footage shows the aircraft struggling to gain altitude after departure. The aircraft was operating flight AIC171 to London Gatwick, England.

Investor 33..

"More buys than sells, and 30% down......the MMs are hoovering up all those stops."

Not just MM's.

I can't resist following prices down.

Not that it will make any difference whatsoever, but sending the attached email to MB was rather cathartic.

Dear Mr Buck,

Your continued lack of competence as a chief executive beggars belief.

You appear to lack any form of business acumen and lack the ability to negotiate on even terms with either the Mongolian authorities or the Chinese.

How could you not have, over the last 6 months or so of negotiations with PetroChina and the Mongolian authorities obtained clarification on all aspects of the sale of the stored oil and any financial implications as have been raised by PetroChina.

You have failed in your responsibilities to the company and its shareholders.

Roger Guest

Level 2 information

Vol Sold 5,376,336

Sold Value £120.76k

Vol. Bought 5,251,993

Bought Value £118.18k

Investor33..

"He clearly said they were fully funded in order to support the share price at around 5p,"

So that's two of us that are not bitter, just disappointed / annoyed.

I did take up the offer to LTH's at that raise, again somewhat disappointed that he only allowed a small percentage of the offer and at a higher price than the base 2.00p so again an annoyingly self serving.

Still clawed back over £5,000 today. But expect it to be substantially less tomorrow after profit takers and day traders have moved on.

Gravytrain..

"RG: he thinks you're a loser and gets great satisfaction from laughing at you "

Why not be civil. If he has been buying and has an average below 2p he should make a substantial profit, which is to be applauded, and I'm not a loser until I sell and even if I sell at a loss on one share I have over 50 others, some are doing extremely well Rolls Royce (currently showing currently 183% from my purchase price,, Rockhopper (over 250%),

So not totally a loser

Aquisace..

"I am holding on, I have no doubt I’ll make decent gains."......

Well done. I would hope you make more than decent gains.

As you have said in previous posts there are some bitter people on this board.

It's AIM, one should be willing to take the good with the bad, I'm down many tens of thousands having put in over £90,000 and have an average of 3.8p so currently quite a loss.

Luckily made up in other areas and the majority of the investment was the £60,000 + profit on the old Hurricane investment.

I still expect the share to eventually come good once the refinery comes online or with a JV / Buyout .

I can't say I'm bitter, but very annoyed that MB stated the company was fully funded just as I slung in a £20,000 buy (it was a fat fingered purchase meant to be £2,000 - whoops ) and then went for a substantial giveaway of shares at a 48% didscount.

After all I no longer spend time in casinos so the odd gamble is entertaining :)

I really wish all LTH get some money back and those that have bought in below 2p should be able to retire - well done

in the words of tom winnithrif (not always the greatest of financial sages) but in this case fairly clear in his comments..

"as such, the stance is currently hold and looking forward to a tulu kapi project progress-based re-rating for the shares to enable that stance to be moved to sell and be done with such either bull****ting or incompetent (or both) management and advisors here. this latest dilution reduces our target price to sell from 1.5p to 1.2p"

TonyBaby...

".That said signing of the agreement seems to be taking an inordinate length of time. GLA"

Does anyone know the cost that is likely to be charged for storing the oil?

Broomtree ..

"Now holding over 24% if I’m reading that right?"

As you correctly surmise,,, over 24%

And over 6% now in the hands of a merchant bank.

Broomtree..

"RG 27, that was a bold move that’s paid handsomely, .."

Well not sure about bold, I'd already followed Hurricane down and kept on buying on most drops so when the final deal was done as opposed to being many, many thousands down I finished £60,000 up.

I'd actually put in a couple of thousand into CRS at 113.50, so by the time I got substantial money from the Hurricane deal I started buying into CRS and my last purchase was March 24 when I gambled the price was starting to rise, but by then I'd already got my average down to 79.2p.

CJ1986..

"If all turns around momemtously I would argue 7p +

But that's it...

Happy to be wrong if we got a £1 per share, I'd really like a Spanish villa

Wake me up when it happens and good luck "

We would all be ecstatic at £1, (maybe two villas) or even 7p, and after years amongst the ranks of LTH's anything over my current average would be nice,

Broomtree..

"That’s a sizeable closure of a long position @ over £1.30"

And very pleasant after I took a sizeable chunk of the cash received from the Hurricane sell out and stuck it into CRS and topped up again to a current average of 79.2p

Skylin..

"Case hasn’t moved in 15 years and probably won’t move for another 15. Best put OM out of your mind."

Jarndyce and Jarndyce by any chance?

Of the 188 posts today, 99% were trash and absolutely nothing to do with Petro Matad.

You sad lot of individuals.

Grow up.

Sorbz. "Je naime pas le Francais parce que star anise holes"

Possibly more appropriately and in the time honored words of the Springfield School ground keeper in The Simpsons

Je n'aime pas les Français parce qu'ils sont essentiellement des singes capitulants mangeurs de fromage ..

Who'd have thought it.

Some people have actually sold for a profit first thing this morning.