RE: Potentially Transformational RNS WITHIN Next 13 Days (Market)!!13 May 2025 13:33
One should use their ears, and brain, and heart when deciding what could be true or false.
Let's look at some past statements from the CEO and his actions.
*When MB said 60-70% COS, all wild cat were dusters
*When MB said ongoing JV interests from multiple parties, no deal in the past 10 years
*When MB said exclusivity and support from the Mongolian Government, extensive bureaucratic processes hold ups
*When MB said fully funded, he then raises funds a few weeks later
* When MB said the company needed funds to help the company stay afloat after the COVID period, he got the funds and went and blew it on Gobi wildcat.
*When MB said Gobi evaluated to be a good prospect, it turned out to have no sign of oil
*When MB said H1 flowed at 821bopd, he then choked back the well for a maintained flow rate of 200bopd
*When MB said Heron has millions barrels of oil potential, he then goes bid for the Borzon Block and thinking of moving onto that block instead
* When MB said H1 is a quick easy fix with a cheap sand screen, he then says in the next RNS alternative methods may be required
Would you wanna trust such man when most of what he had quoted never materialises?
All in my opinion and DYOR