Member Info for SenatorPrime

Citytiddler - "Senator Prime - for info we aren’t interested in “ your opinion “"

Okay, no need to get silly about it Citytiddler. You're welcome to block me btw. In the meantime, I'll leave you to it & see how all plays out & who was correct with their "Opinions"

GL

I expect Buck to give us all a personal rendition of the following, on RNS release -

https://youtu.be/vjD3EVC1-zU?si=BkjscU45At5MCe4D

I equally expect Hamm to be vocalising as follows -

https://youtu.be/9gLN3QoN-q8?si=kF5NCHM9DsOFT-cS

Transformational Farm Out RNS / Operational Update RNS is what I'm expecting & focused on, any time now within the next 10 trading days.

I'd also add that it seems at least, Highly Likely of a resumption of active Military strikes between US - IRAN -ISRAEL, with further very significant implications for global oil supplies, if Kharg Island is targeted.

Re: Radial Drilling to improve flow rates etc - As Investor33 stated: "The main thing is that the RJD mentioned in the article is low cost, and seems quite effective."

I think that pretty much sums up how i look at it, with a 'Low Cost - Net benefit' view of it.

Reiterating -A Draft Farm out Agreement was forwarded to the prospective Farmee, who responded with a firm proposal for a Farm Out deal. It wasn't rejected by Petro Matad but has formed a basis of negotiation, for which they're looking to 'complete negotiations'. Positioned very well i'd say.

FARM OUT to unlock wider Block XX development expected within the next 10 working days or so & GOBI already paid for and ready for Well Testing looking at confirming Commerciality - not Hydrocarbon presence - That's already established!

Re: Q's on Radial Drilling on Block XX - I'll leave that up to expert assessment & implementation if appropriate. Buck seems to think its definately viable to significantly impact production upwards.

I mentioned this in April - It doesn't mean I'm right on it of course, until an RNS confirms. Just my OPINION!

GL

Hmmmmm!

This may help to put things into perspective - actual identifiable figures, for those who want to view the Investment Objectively & looking forward - Heron on its own is a high multiple of the current Mkt cap, without anything else - Current Mkt Cap circa $30M

TOTAL ASSET VALUE

Laboratory geochemical testing has already proven hydrocarbon presence at Gobi, making the upcoming well test a high-probability de-risking event. Here is the asset value in the ground (1.86B shares):

* A) Heron Field (60 MMbbl Recoverable):

* $300M (£234M) | 12.6p per share

* B) Gobi Prospect (90 MMbbl – 150% Larger than Heron):

* $450M (£352M) | 18.9p per share

* C) TOTAL Block XX Portfolio (150 MMbbl):

* $750M (£586M) | 31.5p per share

The above now looks increasingly likely now & from various lines of communication. We'll know for sure when it's actually launched, which will likely be after Trump's current China visit.

Re: The FARM OUT and Indian involvement, as Abzzba pointed out, the President specifically encouraged India's involvement in Mongolia's Oil sector and beyond just the Refinery - as also underpinned in the contract terms included for Exploration & Production activities

'The Mongolian authorities want Indian companies to also explore for oil and natural gas in the country.'

https://energynews.oedigital.com/fossil-fuels/2025/10/14/india-claims-that-the-indianbacked-oil-refinery-should-start-operations-in-mongolia-in-2028

The Farm Out partner will be Indian or Chinese, with a very strong case being made for the Indian side being the ones having submitted the Firm Proposal, imo.

Great post at 16:49 Abzzba - Judging by the number of rec's, it's the sort of factual input people actually want to see on the BB, to help evaluate the investment based on solid, checkable criteria.

Spamming by 'little piggies' looking to re-enter previously exited positions, is probably less useful (and hugely selfish).

'Iran war live: President Trump calls Iranian peace proposal ‘garbage’'

https://www.aljazeera.com/news/liveblog/2026/5/12/iran-war-live-trump-slams-iranian-proposal-as-ceasefire-hangs-by-a-thread

I expect it wont be long for hostilities to recommence, with significant Infrastructure damage to Iran

That's why Kharg Island may be hit - it basically destroys the IRGC cashflow for decades

Farm Out / Operational Update RNS 'within' the next 10 Working days.

With the Firm Proposal already on the table, we have a basis for acceptable (to the Farmee) terms already and off the previous Draft Agreement previously forwarded from Petro Matad.

The significantly improved Macro situation, only underpins the expectation for a hugely positive Announcement coming our way, within the above timeframe.

Good to be holding!

Brent $107bbl and rising!

RNS incoming soon enough and not only the Farm Out, which is the key transformational component - but really excited about the Gobi well test too.

Now back to enjoying this lovely day

And given they already have a firm proposal, the potential Farmee is already willing to commit to!

Enjoy the day!

Glenhoss - "Tbt Very manipulative to say oil is going to double"

I believe he used "IF" in his post and that's actually consistent with other $150-$200bbl projections, from professional outlets and factoring in multiple market conditions beyond most posters here.

I don't necessarily think it will hit those levels and still gauage my viewpoint around the $95bbl going forward for some time. However, if Kharg Island is hit....!!.

Find something else then Stock Maide - posts reported for trying to 'Spam' out sensible discussion.

The Farm Out candidates (Indian or Chinese) will certainly be incentivised by the global environment, which i suspect will get significantly worse - RNS incoming as per the header.