Member Info for robsaunders1

If one contract is cancelled, what does that mean !! That there are doubts about HVO and the pipeline

Should have been announced

That is what you call an RNS

"We are pleased to have agreed the amounts payable for Heron-1 production. We are working hard with PetroChina and the Mongolian authorities to get the first payment made and we look forward to a smooth monthly payment process thereafter. Meanwhile, our production operations continue and, as anticipated, after a period on natural flow, Heron 1 is now behaving more like the offset wells in the basin and artificial lift is now in operation. Although the pumped rate is lower than the rate on natural flow, we are pleased that the well is continuing to deliver and is doing so at a very low water cut.

We continue preparations for some low-cost well work for 2025 to support and potentially enhance production and Block VII appears to have some exciting potential. Our efforts to bring in partners are continuing in parallel."

PAYMENT WILL BE MADE SHORTLY - IF NEEDED LESS THE TAX

The invoices for Block XX Heron 1 production from October 2024 to end April 2025 have been processed by PetroChina and are ready for payment. Prior to making payment, PetroChina has asked Petro Matad to get confirmation from the authorities that there will be no customs, VAT or tax charges levied resulting from the Oil Sales Agreement. That engagement is underway and if the response is slow in coming, Petro Matad and PetroChina are discussing payment of the majority of the amount due with a percentage withheld pending confirmation.

PAYMENT WILL BE MADE SHORTLY - IF NEEDED LESS THE TAX

The invoices for Block XX Heron 1 production from October 2024 to end April 2025 have been processed by PetroChina and are ready for payment. Prior to making payment, PetroChina has asked Petro Matad to get confirmation from the authorities that there will be no customs, VAT or tax charges levied resulting from the Oil Sales Agreement. That engagement is underway and if the response is slow in coming, Petro Matad and PetroChina are discussing payment of the majority of the amount due with a percentage withheld pending confirmation.

Has to be.... Look at the spread....

First contract to be announced

See value here at a 20% premolar to the current SP

In 7 days....

Up the escalators, down the stairs.....

Had so much potential here

Andy strikes again....

CLUELESS, you should change your name to.

In the making

We cannot be producers everywhere, this is a small company with limited resources, shrewd move to sell on an assets in return for a 5% FREE CARRY

Lets do plenty of this going forward, its like a huge dividend every year for no risk.

We will be producers of Sagebrush and Coyote, that's enough for at least a $50m/$100m valuation as a minimum.

You all seem to be forgetting how small MOSMAN is....

Most on here havent a clue about how a business operates and take risk where risk is needed.

Why would they not drill, they are the go to drillers in the area, the rig is there and they have stated that they will drill Bard on 2 June

We have the two best of the best in the area.

Open your eyes, read the RNS !!!

That is the talk, just think where this goes.

Think we get announcement in the next few days on Jim's plans

These two clowns just trying to justify their worth

A prelude for another fund raise

This will trade at 0.25 in the near term, that is what the company should be valued at, the market is missing this one.

New board

New money

Cost savings

No need for placings

Big Swiss fund behind the investment

Warrants at 012.5

Valuation way too cheap

Stock holding valued at $2m

This was trading near on 3p a year or so ago

Give away down here

See 0.25 short term

Lifestyle company, it has been the same for years, why change now, if you lot keeping lining his pockets with dilution

This company WILL NEVER get to true valuation whilst Harry and Co are there.

He will go in due course, it will be too late then, the SP and business with be destructed.

TIME TO ACT

We have waited a long time here for this....