Member Info for SenatorPrime

Transformational newsflow due & way, way undervalued.

Oil, Renewables, Global energy suppply shifts, China & India direct involvement in Mongolia's energy space, Japan throwing multi-million $ grants at JV SunSteppe.......Connect the dots, see the Opportunity!

Putting that into context: The ;200MW energy deficit; referenced in the Bloomberg article refers to a chronic supply-demand gap in the Central Energy System (CES). The 200MW SunSteppe hybrid project is designed specifically to address this deficit by providing reliable, grid-connected power that traditional intermittent renewables, like standalone solar, can't provide alone.

Build status & timelines fit in perfectly with that but need an official RNS confirmation for 100% certainty.

From BloombergM:

'Ministry of Energy: There is a Risk of a 200MW Capacity Shortage During Peak Load Next Winter'

"The ministry said it plans to urgently put new sources into operation, as there is a risk of a 200MW shortage during peak load in the Winter of 2026/2027. For example a new battery storage station will be put into operation. It is tentatively estimated that it will be implemented through a public-private partnership.

The Ministry of Energy notes that even though the 70MW Selenga Wind Farm will be commissioned in the first phase, there willl be a shortfall of about 150-200MW.

https://bloombergtv.mn/news/mnwv5p

The 200MW Project ready to go very soon - Not sure if this is the specific reference to it but things about to get very exciting indeed and with partners on the sidelines for some time on SunSteppe's developments, if we go by indications from p;revious communications. Lots of NDA's but some clarity coming soon and a massive resultant SP boost imo, as the Renewables have been totally under the radar, so far

"then go big in Block VII and throw everything else at Sunsteppe which has massive potential, especially with chunks of cash behind it." - SunSteppe will be HUGE imo and we can already see the USD Billions heading into the Mongolia Renewable sector indicating such and seemingly guided by our own Zula Lansdorj, the SunSteppe CEO

Operational Update RNS immanent anyways.

Proquo - the $150M-$200M was the 'in ground' asset valuation of Heron alone and at the lower per bbl oil price. Buck also indicated that they'd expect a significantly higher recovery rate than that which the valuation metrics were based on.

Also GOBI in the frame now of course - 150% Bigger than Heron, Hydrocarbon presence detected, Better than Heron geology / porosity, Well Test beginning any day now (clarity in upcoming Operational RNS) to confirm (or not )commerciality, but nothing priced in atm.

It'll be getting VERY busy here soon enough.

The company strategy is to try and retain Max ownership of Assets / Revenue going forward, hence my own view of a circa $15M-$20M Farm Out deal (+ partial historic development costs) for a 20-30% stake. I expect the Farmee party would want a bigger share (imo) within the current geo-political supply changing landscape. However, Petro Mtatad have indicated their prefered strategy, in line with maximum ownership retention, in the Q&A.

The Answer to Q6:

Q. "The expected capital allocation to growing production. Will this be through borrowing or through cashflow?

A. "We'd like to get over the hump of an early investment in drilling using somebody else's money, get the production level up to a rate where it can at least partially fund the development and then BORROW the rest

https://www.investormeetcompany.com/meetings/investor-presentation-891

Re: BUYOUT - "Finding partners to inject capital into the company's assets to accelerate development and create shareholder value is our focus. A buy-out would be considered if a counterparty was offering a good deal." - Question 4

A Takeover / Buy Out for Block XX also becomes increasingly likely imo. Not that i think the chances for that are greater than the Farm Out but that macro events would likely weigh that more heavily than before. Look into Iran's 'Dark Fleet' that was servicing China supply, which the US blockade should shut down. Worth a read.

'How Iran’s Dark Fleet Is Quietly Keeping Oil Markets Afloat'

https://oilprice.com/Energy/Crude-Oil/How-Irans-Dark-Fleet-Is-Quietly-Keeping-Oil-Markets-Afloat.html

BP - "You've seen the draft farm out agreement then have you senator?"

Have a listen to the Investor Meet Presentation BP, where Buck covers the difference between the Farm Out or JV approaches and his reference to the farm Out route for Petro Matad.

You Keep Up also! ;)

It's a FARM OUT 'being concluded', not a JV - ie The other party cover all drilling costs etc + part payment for historic developments costs for a share of production.

Keep Up!

Countdown to the trading statement on Wednesday. Not sure how they're going to address the funding shortfall.

"Although the Group remains focused on managing its costs and optimising its sales mix, based on the forecasted cash burn, the Group estimates that it has sufficient cash until at least the end of June 2026. The Group is actively exploring a number of potential funding options, which could include an equity capital raise.

At this stage there can be no certainty that the Group will be successful in concluding such funding options. If the withholding of VAT refunds continues and funding issues are not resolved in sufficient time, this could give rise to material negative consequences for the Group.

Given the number of issues facing the Group, the Company requires more time to finalise its Full Year 2025 Financial Accounts, however, the Company does expect to report on or before 30 April 2026." - RNS 01/04/2026

I expect he gets a remuneration in shares for PR work for Kefi and his almost daily proclamations on it. That's pretty much been known for a long time now.

Doesn't mean its a bad investment regardless of Winnifreth's incessant efforts on Harry's behalf.

Back to MATD for me. Atb & Gl

Brent rocketing up $102 +7.29%

'Where things stand':

"• Blockade in the strait: President Donald Trump said the US Navy will start blocking passage through the Strait of Hormuz, risking an even greater spike to oil and gas prices as he seeks to maximize leverage over Iran. The US and other countries will sweep for mines in the vital waterway during the blockade, Trump said."

https://edition.cnn.com/2026/04/12/world/live-news/iran-us-war-talks-trump

Posted on the MATD board, so just reposting it, as it sums up global developments.

As anticipated, peace talks failed & US ships moved into the Straits.

The US has threatened a block on Iranian oil, primarily benefitting China, to leave the Straits & moving in Minesweepers to clear the straits for general shipping. It'll obviously take some time to implement fully (and if successful) but China supply side will be significantly impacted going forward, as well as further Iranian economic dismantling.

That's a factual assessment of events developming and beyond any moral or political overview.

Eventually, we should see oil price stabilisation, contingent on an effective solution to the Horuz issue and specifically looking at the current US initiative, whichn i expect other EU nations will also involve themselves in. That'll be positive for the global macro economic outlook.

However, oil prices even with that solution being effected, will likely be elevated for a long while yet, going forward and due to global supply infrastructure having been compromised & emergency reserves needing to be built back up. We also have a situation where discounted Iranian oil, for which China was the main beneficiary, will now be taken out of circulation and hence, prioritising their own st ated initiative of 'safer' strategic supply sources, especially from so called 'friendly neighbour' designated countries

Anyone commenting on Petro Matad's c.350bopd and suppresed share price, may want to view the unfolding picture looking at a circa 5,000-9,000bopd from Heron full field development, effected through an imminent Farm Out, the Gobi upcoming well test looking at proving commerciality from already proven hydrocarbon presence & the potential Multi0-Billion bbls from Block 7, which already has established oil on the China side of the same geology and for which a China State farm in partner is anticipated.

As anticipated, peace talks failed & US ships moved into the Straits.

The US has threatened a block on Iranian oil, primarily benefitting China, to leave the Straits & moving in Minesweepers to clear the straits for general shipping. It'll obviously take some time to implement fully (and if successful) but China supply side will be significantly impacted going forward, as well as further Iranian economic dismantling.

That's a factual assessment of events developming and beyond any moral or political overview.

"I simply cannot envision a truce or peace agreement being reached before FXPO runs out of cash." - It would be great if you were wrong and beyond anyones personal investment interests. However, I think you're spot on with that bassessment.

Greater clarity on Wednesday re: any possible placing i suspect, which puts current buying looking extremely speculative & disconnected from the reality of the extremely fragile funding situation.

Parabolic meaning: 'Something's sudden rapid increase. It impliues a sudden, fast escalation in a situation, often exceeding normal expectations'

Stock Market specific: Commonly used in finance, especially to describe a stock or asset, whose value SKYROCKETS in a short period'

Sounds about right and consistent with the huge disconnect in Asset Value, upscaling of Revenue-Production and associated Net payback etc, as well as opening up confidence to additional assets/ initiatives ex Block 7, Renewables etc