RE: It's a large proven productive oil field.12 Nov 2024 06:13
First - Ignore Troll comment & focus on Header - This is confirm by OFFICIAL RNS!
- 7,000-9,000 bopd a day? YES!
- Tineframe? Production build up every year with Full field development within about 6 year (for organic growth - see points at end of post)
- Funding (according to Official sources / not BB chat) will be Organic self- funding from Production / Offtake to reduce costs - RBL from domestic bank so any further equity minimise.
* I expect TINEFRAME & COSTS to change with Joint Venture Agreement with CNPC subsidiaries (DQE/ Petro China) - to understand this have to read more then BB chit chat & also China oil supply protection with Highest level Mongolia Govt meetings - does anyone here follow these??
We can have FULL FIELD DEVELOPMENT within 2 years & expect this to be cae with Announcement of Petro China deal!
Whatever way you look at this (and away from Trader diversion) will understand what Investment Opportunity this is!