Member Info for WiseOwlSpeak

+1.38% Up on Google finance

* Yes understand not Official price & BB manipulators get upset when I mention it lol

Header say all for near term Re-Rate - take or leave!

Major Derisk now land access given

Production happening

Inventory built up & stored for major cash injection

"Massive Project" with China State company.

Low daily volumes look more like small retail traders but MM still willing to take Multi million single trade.

People like Mr Doc maybe like to focus on I dividual sell but that is because most understand he playing BB - he have history of this.

Others will focus on Operational development. Ones who do not like can sell if they want to.

Like I point out - volumes low & small time retail trading by look of it.

Buy or sell - no problem - your shares

Mr Doc "never sold a share" but was public EXPOSED talking share down while Buying at sane time!!

His honesty on the BB is famous! LOL!

Thwy can now DEFER cost because they actually have PRODUCTION!

Should not need to explain something do obvious really! 😂

Point very obvious sir but back to class to explain.

With Heron 1&2 - why will they Defer costs if no permission to access land agreed at time? This should be VERY obvious!

Now we have PRODUCTION from Heron 1 which is possible with major derisk of land access permission.

Class dismiss! 🦉

Mr Doc - is that best you can do LOL!

LOL!

Do you think maybe they want Productionto start first to Defer future costs ie H3, H4...etc

H1 costs paid BEFORE Land Access Permission given.

Be sensible please mr ADW198!

If Mr Moveonup (and supporters) English is is bas as Maths let me teach 😂

DEFERRED PAYMENT Meaning - "Payment that is delayed either COMPLETELY or in PART to give the Person or Business making the Payment more time to meet their Financial obligations"

Not bad position to be in to Develop Heron field with DEFERRED PAYMENT Contract terms for DRILLING WELLS in exchange for Production!

Class dismiss! 🦉

Do we need to give definition of DEFERRED PAYMENT again?

Lol

About Mr Moveonup core points?

DQE contract terms looking at LOW COST / DEFERRED PAYMENT for Production for drilling services!

DQE did chase after Petro Matad with this deal + Heron 1 Imvebtory cash injection.

For my investment timeframe + Multiple RNSs due in Dec for ones who look for very near term Re-Rate - think all look very good actually!

*Unless you are type who play BB by talking share down while same time Buying ;)

Mr Doc - good. I am happy for you lol.

Hope 10:35 post with Math breakdown (with explanations) helpful for you Mr Moveonup - shock people tick up your post with so BAD calculation you include 😂

Think Mr Moveonup line to put new Header for discussion using bad maths for this - RNSs due Dec not so good to remind Investors about LOL!

Mr Moveonup - maybe helpful if you look at figures in post 08:43 ;)

Heron 1 at Choke Back 300bopd - $630K per MONTH or $7.35M per year (but this is Revenue(

Let us look at Revenue minus PSC (approx 45% + maybe some royalties 5% - total 50%)

Then we have Heron 1 Production AFTER PSC/ Royalties - $ 3.675M

*Using 350 day production

Petro China price paid around Brent minus $5.

Heron 2 expected to be in production with low cost, simple Remedial work BUT even commercial at 30bopd

Now refer to DQE terms etc in post 10:15 and also how most of Heron 1 costs paid up front with funds added to reserves after June raise.

With Production Inventory from H-1 over Winter & cash return expected over Winter can see why many actually VERY positive about Future - ones who have concern it is there money to sell etc as they see us right for them.

Good luck ;)

Production & Expenses? What I say in 08:43 post + Very Important point some like to forget.

DQE approach Petro Matad for deal - not other way around.

From Official source (not troll speculation) - "The Terms included some DEFERRAL VOSTS to allow a portion of the Drilling Expenditure to be SETTLED from future production"

We understand same terms to be included in contract so DQE must still be happy with this - Also with greater China State own need from Iran/Russia supply issues.

DEFERRED PAYMENT Meaning - "Payment that is delayed either COMPLETELY or in PART to give the Person or Business making the Payment more time to meet their Financial obligations"

Maybe this is more useful 'Cut & Paste' type of Info for BB then some who cut & paste in nearly every post for personal attack ;)

Hope this help with forward looking investment analysis!

DEC RNSs - What do I say? - Exactly what I write in post & from Official sources -

DEC RNSs -

-

- Renewables Update incl "Massive Project"

- MRPAM sign off etc

- New Block details

- Full Operational Update

*(Possibly Gobi1 news

Busy December!

Timeline for RNSs from Official sources!

Hope that help! ;)

DEC RNSs -

- Renewables Update

- MRPAM sign off etc

- New Block details

- Full Operational Update

*(Possibly Gobi1 news)

Thank you!

Heron 1 produce over 800bopd un-assist but choke back so right production (at moment) 2-300bopd.

This Production obviously building up inventory level over Winter which should give big CASH INJECTION with sale expected this Winter (according to company not BB poster).

300bood x $70 x 30 days = $630,000 pm

After PSC / Royalties = approx £315K pm

DQE contract terms look to include - LOW COST/DEFERRAL of drilling costs.

Also we have minimal expenditure over Winter while H1 constant production happen + Cash Reserves still in bank.

Also Major Newsflow etc due THIS MONTH!

Lots left out by trolls in details ;)