1st Target 19.42p
Entry: 10.81p
Profit over 85%
Market Cap = $87.49m
Wild Horse 290m barrel discovery NPV10 projected* estimate of ~$2.5 Billion
= 28x required to reach NPV10 estimate for Wild Horse
last week of Q1, 3D soon, Rig mobilisation and Drill updates due probably this week.
Key points:
1. Mongolian Government is in alignment with #MATD* with:
Desire for energy independence
$1bn Indian loan for O&G infrastructure
Oil Refinery capacity to fill
PSC Terms
*Think permits: friction-less government interactions, especially w/ Petrovis (28.1% sh)
www.youtube.com/watch?v=oL9rbvLA...
Entry: 10.81p
Profit over 85%
Market Cap = $87.49m
Wild Horse 290m barrel discovery NPV10 projected* estimate of ~$2.5 Billion
= 28x required to reach NPV10 estimate for Wild Horse
last week of Q1, 3D soon, Rig mobilisation and Drill updates due probably this week.
Key points:
1. Mongolian Government is in alignment with #MATD* with:
Desire for energy independence
$1bn Indian loan for O&G infrastructure
Oil Refinery capacity to fill
PSC Terms
*Think permits: friction-less government interactions, especially w/ Petrovis (28.1% sh)
www.youtube.com/watch?v=oL9rbvLA...