Member Info for TT1981

@Hastings... I think the deals from Q4 last year have slipped all the way through 5 consecutive quarters to Q2 2025... or maybe 2026...? Who knows at this stage...

@Lumipat - That isn't true. There is no bounce back message from this email address: info@premierafricanminerals.com

Best takeaway from today for me was confidence around cash position - 3 mill at end of 2024 in reserve. 1.1 mill NET waiting to be gained from sales of oil already stored. Aiming for low cash burn until JV comes into play.

@abzzba - Correct. Very disappointing. Must be something out of the ordinary being discussed otherwise makes no sense to have it early without the ability to digest and RNS in advance.

Problem is we only have an hour and a load of questions already been submitted I'm sure. By the time they've stopped waffling about stuff that they can' properly comment on that hasn't been RNS'd then it won't leave too much time for live questions.

This week will be the start of a life changing moment in time for many invested here IMO.

The reason for Mike Buck’s silence will be revealed.

GLA!!!

Filter the trolls in the green bin. Don't give them the attention they are so desperate for by interacting.

Just having a review of previous RNS’… the last one released on a Friday was 1st March last year, at midday and was an operational update…

Decent volume so far! Tree shake over?

GLA!

From Telegram:

MATD rumour of takeover by the Petro China which could be announce before the AGM on the 13th of this month

Petro China purchased their TAMSAG basin field from SOCO back in 2005 for $93 million, at the time the field was producing only 350 bbl/d, at the time oil was around $47.

Latest data we have was published 2021/2022 and states PC had drilled around 600 wells and 311 had been brought onstream as producing wells, that was several years ago, pretty obvious PC have drilled the best looking areas and are now looking for fresh unexplored fields to explore, enter MATADs Heron field which is the other half of the TAMSAG basin.

MATADs Heron field is estimated to contain 60 million recoverable barrels of oil, more with new drilling technologies, MATAD obviously do not have the cash to develop the field quickly enough to suit Mongolias new refinery needs so the sale or a JV deal with PC would seem to suit PC, Mongolia and MATAD.

Case of watch this space.

Well said investor, they really are the scum of the earth.

Closed at 2.24

Roll on tomorrow!

Ain't no stoppin' us now

We're on the move

Ain't no stoppin' us now

We've got the groove

Onwards and upwards!

Lol @ManxKippers

Spot on @Hastings - when technology meets the market in a moment in time that drives real value for clients then the sales will follow (in volume). This certainly hasn't happened.

Bit early to be drinking @MancKippers ! 😆

Likely RNS tomorrow after public holiday finishes in Mongolia. Just my opinion. DYOR, etc! :-)

Great updates but just bear in mind there is still a long road ahead still related to revenue generating production. It's a tricky part of the world to navigate also.

Apologies previous posting was on wrong board. Meant to post that on HE1!