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Aecheylus, and the rest don't have a go at others for your own bad investment choices, if you been here for months and years that's your fault lol,
Now some of you can't take it waiting, lol maybe understand the aim market and what it takes before putting money in here,
Myself set a target for production by July if not I'm out, but not going gto keep on holding and become a nervous break down unmanly lot like you lot 😂😂😂
MB just need to follow proven way of getting the LP by Magnai Trade.
I bet in the end he will realise he is dealing with clueless people in MG.
First he was dealing with Mrpam minister . Then finance minister and now he had to involve the Ambassador.
Go and submit paperwork in the court . Make lots of noise on media to get attention .
Hamm : a few weeks ago you were urging everybody to pile in at about 4P as in your words ' there is no risk .'
I wonder how anybody who listened to you feels right now.... ? I've seen you change your tune several times on this board. At least WOS is consistent.
Pilsbury7 : WOS will be talking about technical analysis, and specifically the RSI indicator( Relative Strength Indicator ) If you do a search for a ' MATD barchart ' on various sites, then you can play around with a chart - change the bars to candles, add various indicators, put in trend lines, support and resistance lines etc. MATD has been a trader's dream for many years now - anybody buying and selling based on just support and resistance levels could have made a lot of money with the numerous spikes, followed by a plunge to support lines.
Right now we are still at the bottom support of an upward trend, which started with the low of 2.5 in mid November. If it breaks down to the next support of 2.8p from the 15th Dec then the upward trend will be broken, and the next support after that would be the mid November support of 2.5p. That support of 2.5p has been touched and held several times in the last few years - so it's a very strong level of support.
Researchandhold said//BP is like a stain on humanity//
https://www.youtube.com/watch?v=9bMVJ3ObnQQ
Doc, I think MB is very soft. He doesn't speak out. He hasn't criticized MG at all. He had all chances but missed.
He shouldn't have done any drilling etc when oil was found 5 years ago till we get H1 sorted. He wasted all the money. Raise after raise and we are where we are. He still doesn't understand he should play hard ball. He should stop talking about renewable, new land permit etc till H1 is sorted if ever.
Hamm - we’ve had UK government support. Ministers and ambassadors all trying and seemingly failing.
I see WOS with his usual posts criticising members on here who have been right for years now. I am now of the opinion we will miss the start of drilling season.
Perhaps when you've been here no sorry a holder for more than 7 or 8 months you'll understand where some of us come from and it isn't every day, check posting history, remember you have power over your mind not outside events 😜 GLA
Sounds the only chance to get LP sorted is UK government support.
They couldn't have done that to Chinese.
Petrochina can do anything they want and have had no problem but for MATD everything should be by the book which doesn't exist!
Cybertron moaning about people moaning is a bit ironic
Something amiss? Probably just the turgid red tape they are strangled up in.
It seems any creative solution carries risk to reputation if things are not done by the book, but they can't do things by the book as their rules and regulations are totally unaligned!
What a country!
Lol are you guys going to post every day stating no news again? Already commenting on so many levels of negative how about have a break and post it on a weekly basis rather then daily
Different level of posters here 😂
Deadly silence as matd has got nothing to say!
Thanks to MG support!
How could MB keeps saying the government has been supportive is beyond me.
2 months and still no news.
Elections in june....
Could easily be next excuse to hold up the proces further...
Then they need money for renewables.....
Part by debt but remember interest rates are high so more equity could be cheaper. Fundraise closer imho
Deafly silence on news, anyone else fear something not so good inbound?? GLA
If the herders need money now then why MG release the fund? And give us LP!
WOS. It is down almost 30% on one month ago, so either yes it is oversold or no the market does not trust Budd or the fundamentals in play here.
This has been going on for years and still MATD is not in position to point at real production. Just hopes
Oil $83+
Researchandhold said //BP is like a stain on humanity//
Aeshchylus - WOS just makes things up & calls it research don't you know?
Magnai trade got their permit via cpurt case now they are pursuing compensation.
Magnai Trade Ltd. is participating in the court case demanding 2.5 billion MNT from the Governor of Dornod Province.
The company is suing the court for damages due to non-drilling of oil wells in Choibalsan Sum area since 2019.
The area called Bayantumen 17, which has signed a PSA agreement with the Government, is a huge area covering a total of 7 sums, and in this area, there are more than 30,000 units of land owned and owned by citizens for winter, spring, and family use, and owned by enterprises and organizations. coincides.
Also WOS, could you explain why, when the last RNS said that an alternate compensation payment method had to be agreed by the Finance Ministry (or would have to go through the extremely slow process of payment via the budget) and to date there has been no update on the Finance Minister's decision, you feel qualified to state that:
"Petro Matad have no major issue to overcome or anything like this - all this is done - it is just waiting now for final signature thru issuing department".
F Dornod Province.
The company is suing the court for damages due to non-drilling of oil wells in Choibalsan Sum area since 2019.
The area called Bayantumen 17, which has signed a PSA agreement with the State Government, is a huge area covering a total of 7 sums. In this area, there are more than 30,000 units of land owned and owned by citizens for winter, spring, and family needs, and owned by enterprises and organizations. coincides.
Thanks WOS. You make good valid points particularly over land ownership. Just one question as I'm interested in how things work. What system or mechanism tells you the PetroMatad shares are Oversold? It's a genuine question.
Many thanks
Header say all and where do I start? Lol
Blind lead blind i think with Investment Law Amendments lol - anyone who follow developments in this understand it have NOTHING to do with Petro Matad LP!
Very strange to see comments & ask why this people do not do or understand basic research / intel.
New Investment Law have many parts but main issue of amendment is definition for people of Land Ownership / Use AND Timeframe.
This is mainly around 60 years to increase to 100 years. Petro Matad permissions all in place and around 25 years. This discussion thru Govt have been going on for months back & forward to Parliament for amendment.
Now BB poster decide to make it issue but does not understand it anyway - no wonder small private investors lose money in Markets LOL!
Petro Matad have no major issue to overcome or anything like this - all this is done - it is just waiting now for final signature thru issuing department.
Header RSI say all - this is HEAVILY OVERSOLD so think when it bounce will be strong one. Is it big issue if timeline prediction bit out of major point is to get all in time for drilling season?
Posters on BB make big noise and no wonder Mr Mike Buck get frustrated also - like RNS say all Central/Local govt, Herder, Matad Citizen group issues sorted, Money sorted & plenty if time to get LP before drilling season start.
Investment have not change & is probably one of safest investments on Aim market even if lot of illogical chit chat by posters 😂
Be Wise 🦉
I suspect we're rapidly getting to the point where it's so close to election, that it's very unlikely we'll receive any sort of permit until after the votes are counted