Member Info for Velocoraptor

So amazingly the sun came up today , contrary to all the wild speculation yesterday about it all being terrible.

On reflection the H1 news is really quite significant. I expect we will see the formal sales agreement, sales

revenue in the next 2 weeks, if not sooner, and perhaps

some detail around H2 and Gobi and what if any

rectification can assist with the flow rates.

Sunstep update to follow and then an update on cash recieved from 1st month oil sales.

A lot of good news expected and hopefully this will stable the share price at a more realistic level.

As a remimder, we have 66 million barrels in place with between 4.5 and 6 Billion USD worth of oil. As at Novber 24th revenue of between 650000 and 1.8.million USD per

month

We should also expect some media from Mike around the works plan for next year and possibly a multi well program with DQE.

Also we have new block awards and some detail around these.

We are only mid November so we have a lot of good news possible before the end of the year

This is now good buying

66 million barrels recoverable worth between 4.5 and 6 Billion dollars

1 well on production being restricted to 300 barrels a day

2 well being evaluated.

1.3M USD revenue being recieved per month

Market cap 25m

@adw still going I see. If your paid per post you might actually make some money today.

Back in reality amd contrary to all the noise

We have 4.5 to 6 BILLION dollars of oil and no debt and up to 1.3M revenue US a month rolling in.

Don't be surprised with a follow up RNS 😉

@adw

Narcissists always have to have the last word. Thanks for your concern but with 4.5 to 6 billion dollars of oil in the ground we will get along jist fine without you .

Bye

@adw but there is a done deal. You keep saying there is not it's in black and white in the announcement today

You don't hold a single share but please repeating incorrect information it jist gets you filtered.

You did say a few weeks ago you were leaving the board. Do us all a favour and do what you say.

It's not hard to see your agenda and the fact you spend so much time on this board shows your not acting in shareholders favour.

@adw I don't think you understand how a contract works.

We are producing the oil, we ship it to.a third party and we recieve money for the oil at very good margin. It's all been agreed between ALL parties and now just needs the department signature.

Keep trying though, it's entertaining 😆

66 million barrels in place still worth 4.5 to 6 billion dollars

Very good PSC with supportive and productive Government

1 well on production tested at 3 x the normal.flow rate amd is currently producing at a high choke level 300 barrels a day.

Commercial off take terms agreed awaiting MRPAM signature imminently. Oil being produced from 24th October now stable at 200/300 barrels a day possibly up to 800 barrels a day.

Heron 2 produced oil but not at expected flow rate. Company looking at data.

Multi well program HAS been discussed with DQE for rapid commercialisation of reserves

Wind and solar project shovel ready 2025.

Revenue of 650k USD per month up to 1mil plus if greater than 600 barrels a day on steady state production

PROVEN OIL IN GROUND 4.5 TO 6 billion dollars US.

Market cap 25 million

The rest is noise

Funny how all the non holders spend so much of their time on this board and worrying so genuinely about us poor matad share holders.

It's very nice of you all to care so much, about a share you have "sold" or don't hold.

Please............

@sushi

More gas is a positive as it assists with flow rate.

It's not a negative but I'm sure you know that

Nice try though

It's not limited. They have plenty of capacity

@adw the company is producing oil and once the deal with the buyer is executed we will recieve payment for the oil.

I'm not sure what part of that you don't comprehend. It means since the 24th of October we have been making money with Zero costs

Your constant lies.on this thread are both disingenuous and fabrication.

The company still has 4.5 to 6 billion in oil. One well that possibly didn't work out changes nothing

What are you talking about.

The company is now profitable and is now producing revenue which covers all overheads.

Multi well program being discussed with DQE with a possible deal for oil in lieu of cash for drilling them.

Still a lot of upside here despite the doomsday preppers crapping on.

Not to mention renewable, other blocks , joint ventures and all sorts of massive upside surprises.

I am actually surprised that some one doesn't jist take us out at the current market cap with 4.5 to.6 billion of oil.in the ground.

We were 8p with nothing so 2 p with revenue and 60 million barrels of recoverable I think we are worth many multiples of the current price.

Flogs

33 to 60 plus plus million recoverable possibly a lot higher with modern frac

I think some of the comments on here are GOLD.

Back in the real world we have been producing oil from the 24th of October. As the company CLEARLY announced the oil is being Pumped and stored whilst the commercial terms were finalised. They are now finalaised and awaiting sign off. It's only been a few weeks to be fair which isn't unreasonable

We will be paid when this sign off occurs in the next few weeks.

Meanwhile we are producing oil and revenue will follow shortly. This is very clear and any assertion to the contrary is simply not true.

There fact is there is 4.5B to 6 Billion oil in place recoverable. H2 is still being evaluated and each time we do a PRODUCTION WELL the company and the driller will learn more about the geographical anomalies in the region, which they are extremely familiar with.

We still have a lot of good things coming and the company is well placed to deliver exceptional value for shareholders.

The commercial agreement will be signed and sales revenue will continue through the winter shut-down. We may or may not have a contribution from H2 but ots really not a game changer in the big picture.

If you are able to accumulate more shares it will be very well rewarded in my opinion.

Cheers

Despite all the derampers. Nothing has changed and the short term traders will dip in and out for 30 percent profit

The oil is still in the ground. Noting has fundamentally changed amd all the bed wetter with their I told.you so news are just average humans.

I think you should all buy some BP shares as you clearly are not suited to AIM investing.

Great entry price today.

As a reminder 4.5 billion to 6 billion proven oil in place.

One producing well currently on Production at 200 /300 barrels a day on strong choke.

H2 under evaluation.

Heron 3 4 5 6 ready to drill early next year.

Massive solar wind project shovel ready 2025

You won't find a better risk reward profile on the AIM

We will probably say, wow we managed to buy some more shares today in an oil producing company very cheaply whilst people with no balls typed on their mums computer.

Typical MM accumulating process. Yawn

What are you talking about raises for. The oil is still going to be sold and they are producing 24/7.

They are working on Heron 2 with a view to getting it flowing.

The derampers are on a Rampage today trying to get the price lower but failing because everyone knows H1 is producing.

NICE TRY THOUGH.

Whilst H2 result is still not ideal I think we need to see the positive in that H1 is flow tested above the original flow rate of the well and is producing 200 to 300 barrels a day and we are now an oil producer.

Realistically not every well is going to flow commercially and we will have a lot of wells to drill. They may get H2 to flow better or perhaps they won't but in the bigger picture it's not really too bad.

HERON 1 is flowing and may be proving as much oil as we expected.from H1 and H2 combined

The formalities take as long as they take. We are making money 24/7 and this is great news

Cheers

I think we should all remember that the share price should be remarkably higher than it is currently with the asset position and the zero debt position.

We have 4.5 to 5 million USD of oil on very favourable terms in both the PSC and the ability to recover exploration expenditure.

Don't settle for 3 or 5 or 10p the value of the share in the currnet environment is significant and exponentially rising over comimg days weeks and years.

Good luck Matadores

GREAT StoryToday 09:55

4.5 to 6 Billion dollars oil in place

Just to focus on the company, not the clown show

Revenue, if 2 wells online next week. 1300000 USD per month. NIL PSC costs due carry forward expenditure.

4.5 to.6 BILLION DOLLARS OIL IN PLACE. Between 33 and 66 million barrels recoverable. Possibly more using modern technology.

Plan for 6 to 10 wells online in 2025.

GOBI 1 on test shortly

JV with DQE drilling pending

Refinery in Mongolia complete 2026

Current market cap 34 million pounds.

More news inbound on renewable projects and 1 or 2 other blocks with proven oil nearby.

BIG year ahead, massive rerate due and some big news in the next few weeks around flow rates, possibly 2 wells on production and a plan for next year which may include a JV, an asset sale or lots of other possibilities.

Exciting time for long term holders. Not such a good time for the downrampers who are trying anything to deflect from the massive positve story which is #matd

4.5 to 6 billion dollars of oil in place . 10 wells gets us north of 100 Million revenue next year pending a DQE multi well deal, which the company has already indicated has been discussed. Thus removing any further capital requirements at all.

34 Mil market cap ....... not for long