Member Info for TT1981

@Gravy… for the love of God please just block them. Slowly but surely they are being starved of the oxygen they crave but a few continue to humour them. Your engagement with them is pointless. As soon as people stop replying to them they will move on to another paid task.

@RealProTrader -

“Up +7.84% (or +5.88% if you prefer)”

We finished up 5.88%. Google finance just shows the last trade. You know this.

Onwards and upwards tomorrow!

Haven't been on here for a while...

- Have we produced SC6 yet?

- Is Martini Girl still pretending that she cares so much about Prem that she is messaging this BB from her yacht (despite being uninvested)?

- How is Acker's allotment doing?

I have no issue with Master making constructive criticism and can't see why anyone would. The SP should be much higher. We have a lack of visibility of what management are doing to earn their huge wages, especially in the winter months. The PR / comms are generally rubbish.

The fact that 30% of revenue is still being held back because we didn't get a definitive answer to whether taxes needed to be paid on oil sold deserves significant criticism. MB had so much time to sort that out in advance.

That being said I'm still very confident this will come good and am holding long and strong.

Could this be the first day we see a blue day after a MB RNS?! ;-)

"Petro Matad Limited announced its final results for 2024, marking a transformative year with the start of oil production from the Heron-1 well, making it the third oil producer in Mongolia. Despite challenges with the Heron-2 well, the company continues to advance its projects, including a renewable energy joint venture, Sunsteppe, which is well-positioned in Mongolia’s growing energy sector. The company signed an oil sales agreement with PetroChina, receiving its first payment in June 2025, and is actively seeking farm-in partners to accelerate development and enhance shareholder value."

https://www.tipranks.com/news/company-announcements/petro-matad-achieves-milestone-with-heron-1-oil-production

What are people's thoughts? A pretty neutral RNS... nothing new in there really good or bad that we didn't already know. Sunsteppe update info the only real new info.

Anyone know if up2spratt is still trading this?

1.3 proving stubborn resistance to break. Should go soon and allow for a move up. They can’t hold this back forever.

To anyone unsure about the benefits of blocking the likes of Doc, ADW and Stockmaiden... please note that the board is a LOT more enjoyable without having to read their nonsense. I've also yet to hear from someone who regrets the decision to filter these types of non-invested individuals who have a clear agenda.

@Abzzba and @RealProTrader - Most sensible investors here have blocked ADW and Doc now. Why don't you do the same and starve them of further oxygen? It's annoying watching your unnecessary replies to them tbh, especially as when you aren't entertaining the trolls your posts are valuable.

@abzzba - fair enough. Appreciate the swift reply.

Question for any on here more clued up than I am about H2 options…

Given that MB stated it could be used somehow to increase the flow rate for H1 would that be instead of also producing its own BPD or could both potentially happen at the same time?

Please, only sensible responses required… ideally from investors…

Dummy sell on Halifax allows more than 2M to be sold in one go. Games being played here with the SP. Keep an eye on the bigger picture, ignore the trolls.

My suspicion is that Hastings has some insider info. Not saying that’s a bad thing but he is too on the money with the inside workings of the CRTA teams.

The SP is clearly being manipulated and has been for some time. The wider geo-political climate is working in our favour at the moment. Unfortunately everything just moves so slowly in Mongolia. Keep the faith!

Someone bought 1M yesterday and again today. At this price it's a no brainer, surely.

Is the tree shake over yet? 😌

From Malcy’a blog:

“ Good enough for me and Mike Buck can almost go off duty if you assume that the remaining payment is only a matter of time but the words tax authorities and customs strike terror in my heart. But it was never going to be easy so congratulations on getting this far…”

"Under a Production Sharing Contract (PSC), it is common for certain tax exemptions, including customs duties and VAT, to be applicable, particularly in the oil and gas industry. These contracts often aim to incentivize investment by minimizing tax burdens on the contractor"

I'd be staggered if the Mongolian government didn't want to incentivise investment in the region...