Member Info for SenatorPrime

Fundamentally different to last Autumn and with Iran now having set up the Persian Gulf Strait Authority, looking at exerting permanent, ongoing control / taxing of all Hormuz Straits shipping - Elevated oil prices / Supply uncertainties are here to stay in that case.

I expect Petro Matad are looking to negotiate better terms than those put forward in the initial Draft Farm Out Agreement sent to the prospective Farmee & the firm Proposal delivered back off that. With a deteriorating & uncertain Global supply situation and the prospective Farmee thought to be INDIAN or CHINESE, it's a deal should be a WIN/WIN for both sides.

In the meantime, we have the already planned GOBI etc moving forward, providing an exciting investor focus, potentially significantly larger than already producing Heron (and better Geology) & already proven Hydrocarbon presence.

TW re: GEX in his Email from today: 'Georgina Energy: Today’s the pump, when’s the dump?'By Tom Winnifrith

"Georgina Energy (GEX) is technically insolvent even after its most recent placing three weeks ago in which it raised a Bernie ( before costs) at 2.7p. That is to say it has net current liabilities and is burning cash."

I prefer the MATD risk v reward profile by far but GL

TW of ShareProphetts thinks GEX is technically insolvent and heading towards 'Zero', in his words - Good luck with your gamble anyways ClimbingWoosteer!

Farm Out deal negotiation on the table, No sign of any forward selling of stock, Activity on Block XX confirmed - A very advantageous (for Petro Matad) macroeconomic environment with pressing supply shifts occuring - India & China bot parties to Farm Out process.

Also, Trump has stated he's looking at kinetic strike resumption as soon as this weekend (Fox News).

Btw and purely observational, based on respective US-IRAN negotiating 'red lines', developments unfolding etc - I wouldn't be surprised (somewhat expecting) a resumption of Kinetic strikes, to start over the weekend IMHO!

1) Manx - That said, the (Farm Out) deal could already be struck and set in stone."

My own opinion is that the company have been negotiating a better deal, based on the improved (for Petro Matad) Macro supply environment etc. The original Draft Farm out Agreement & subsequent firm Proposal, probably seem like they can be leveraged now for better T&C's to Petro Matad's advantage.

2) Gadgie - "What are your thought's regarding Petrovis if we decide to go it alone ? Is it now time for Petrovis to give a soft loan in order for us to remain 100% independent"

Good Question submission for the AGM

3) Abzzba - "Assuming the oil price remains high (>$95) for the rest of the year i see no reason we cannot test GOBI, drill the updip of Gazelle and radial drill H2 without a further raise"

'StanChart: $95 Per Barrel Is The New Oil Price Equilibrium'

https://oilprice.com/Energy/Crude-Oil/StanChart-95-Per-Barrel-Is-The-New-Oil-Price-Equilibrium.html

With Activity increasing, I expect the FARM OUT is already agreed and official signing etc requisite to official notification to Market - the next few days could be very exciting indeed for said RNS.

I think they've been pretty confident on the Farm Out conclusion, hence the AGM delaying from the usual Mar-Apr to the current late May date.

Also, as discussed previously, the firm proposal (off the prior Draft Farm Out Agreement) on which current discussions are based - Hence one would presume sufficient basis for a Deal & furthermore in the current (and forward projected) climate.

Of course, we'll need the definitive RNS and the current SP reflects that requisite confirmation, at this moment.

My own view is that the Company fully expect the Farm Out, based on those discussions they're actually a part of & are are preparing nthe ground in accordance. Good to see definitive activity anyways & hopefully that transformational RNS in the next few days.

Hopefully the BB wont get distracted by 'Who posted what about whose holding' as 'spHamm' seems to be trying to do;)

BOOOOM! - Thank you Dan!

Hamm, what are you smoking? Really?

Peterashbeck, fair points and with nothing priced in for any major scaling up production via the Farm out. It seems like the market are still valuing the company based on current production revenue and not on any forward trajectory towards the projected 5,000-9,000bopd on full field development. I expect things will move rapidly once a farm out deal is confirmed - Also the renewable arm, with tangible project developments expected this Q2/Q3

Re: the US-IRAN conflict, have to agree. The respective positions are so far apart, it seems a much higher chance of conflict resumption, as opposed to any near term resolution.

I'm sure (eventually) Institutions will replace Retail holders, with Oil, Renewables & a Dividend established - Many of us are comfortable holding for that & for which4p will likely seem like an absolute bargain. I expect this to develop into a $Billion plus mkt cap company, as stated previously & expect that to transpire going forward as the company develops its China, Japn, Korea energy export etc

Back to the actual MATD investment:

ZERO Debt / 100% OWNED

Operational RNS 'WITHIN' next 7 working days

FARM OUT - Will be major Re-rating catalyst according to Buck & with a Firm Proposal already in the bag

GOBI - Hydrocarbons ALREADY proven & Commerciality to be ascertained

GAZELLE - Flow rate optimisation

Etc

Not complicated & probably why the efforts of those on the sidelines becoming more desperate to effect their re-entries!

"No ones gives a shot tetley. Fk off to telegram.. I. Sure majority of people here are fed up with your argumentative posts."

No Master82, I think they're WAY more fed up with someone like you, masquerading as the supposed biggest shareholder here & relentlessly bashing the stock, to no doubt try to fill your own BUY order, before the imminent Operational Update - covering Farm Out, Gobi, Renewables etc

You've already been exposed as a blatant liar ie Proven - what more do you want?

Re: FARM OUT - bear in mind we already have the firm proposal, which obviously had validity enough for Petro Matad to continue towards closing in the negotiation process, towards the deal.

Ironically - an another relentless Spammer - Hamm claims the same thing as Master82, adopts the same BB tactics & was also exposed as such on the BB.

Master82 can't be genuine, if he claims he's never, ever sold an MATD share BUT is then outed for having publicly boasted about trading the stock on the forum.

Of course, his perogative to buy or sell but his motives are certainly questionable - especially with spates of relentless 'Spamming' posts, which many of us can reasonably assume are linked in to his trading agenda.

Proven liar so go figure.

"Tetley I have almost as many as MB. Hence the beef. You have peanuts compared to my holdings"

You've already been exposed as a Liar here Master82, so not sure what you're trying to prove?

Bear in mind SunSteppe have already lined up Investors across the Project Portfolio (NDAs in place so no specific project details) and USD Billions pouring into the space - and SunSteppe CEO & Govt Advisor, at the centre of it, negotiating directly at top Govt level.

And now we have the new Arabic speaking UK Mongolia Ambassador appointment of Mr. Edwin Samuel - all lining nup very nicely.

Away from the few, albeit extremely disruptive 'Ranters' & back to (hopefully) useful info / links for genuine investors -

'ACWA Power plans to invest ($10bn + optional $5Bn for Green Hydrogen) in renewable energy projects with a capacity of up to 10 GW in Mongolia'

https://smartplus.mn/en/mongolia-to-invest-in-10-gw-of-renewable-energy-sources-by-2030/ (Note: SunSteppe CEO's picture prominent with ACWA Head)

'UAE and Bahrain to Invest $500M in Mongolia in First Round' - Exploration & Production of Oil etc - Additionally up to $10Bn for a major renewable Energy Export Project (bear in mind SunSteppe already has the 1.5GW + 1.5GW contingent MOU with the China State Utility SPIC)

https://mongolia.gogo.mn/r/ko8xm

'Mongolia to Cooperate with Sultanate of Oman on Sovereign Wealth Fund and Investment'

https://swf.gov.mn/en/news/27

"Not a single piece of useful information." - I agree with your assessment Master82 and having looked back on your posting over the last few months.

Atb