The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I posted on Tuesday that Petro Matad will have no movement in 2024. There is no business sense to this situation. The whole future relies on the signature of one governor. WOW
So to be clear. Plan B (special purpose certification) is being stymied by the governor
Plan A is being stymied by the activists. Plan A has NOT been finalised (Key condition in UPPER CASE) and may not be.
"We will buy ourselves a long-delayed operating window with the local approval for 2024 IF WE CAN GET IT,
but we do not want to go through such a process every year.
Perhaps MB should encourage the locals and the regional authorities by promising generous help out if they sign the agreement now. Certainly some initiatives would be great rather than just being officious.
Would be good to ask what the land use agreement status is currently where we are at and what's the expectation time frame this wil be now done
So untill the land use agreement get signed we will not pay the herders, good idea I think, so let the herders moan to help out cause
Confident land use will go through but it will be the too ING and throwing between land people and their legal side that's going to take time here,
Here's hoping this gets done soon enough
My buy price as said before was below 3.
But this news is worse then expected and fundraise more likely i am not buying anything
WOS "I did not bother to read any BB comments - just DETAILS of RNS! "
It would really be appreciated if you took your own advice and stopped the continuous and mostly irrelevant posts on a daily basis.
If you have something new, positive and relevant to put to the board then please do so, however 90% is repetitive and only solicits others to attack you, this makes this BB somewhat depressing to follow.
I am sure that the majority of investors welcome some of your posts, but they are able to make their own decisions and do not really need you to constantly twitter on unnecessarily.
IMO
All Plans Without Signature = Nothing
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
WoS has the audacity to post that the RNS will be in the coming days for an Ops start date . Do us all a favour and flap right off. You have been credibility
Cant remember who said: 150% guaranteed with next RNSs.... or multibag anyday...
Still waiting for that December momentum..
Soon mmm
No one's taken a bit, the plan is still there, land use agreement still not competed yet still could be any day status, taking longer then we expected but deep down I know this will take time due to legal side of it, wouldn't be surprised if theirs now got down all of a sudden.
Anyone selling was expecting quick money from this next RNS but didnt get it and now will sell at a loss and chase the next one and repeat until they make no money and leave the market
Sticking to the plans here may take a week or month longer but nothing has changed
Not RNS we were all waiting unfortunately. Sounds share price stays around 3p for the time being.
However we are still at the beginning of the drilling season. We have more than enough time to get H1 operational.
So everyone owes me an apology, including the LSE chat board moderators, for needlessly removing my posts (for telling WOS to put a sock in it, and stop misleading gullible investors)
Of course WOS knows what humility is and will also say sorry to everyone who he has cost money with his endless dribble.
I am invested in MATD but I've stopped caring if this ever comes to fruition or not. These are just bottom drawer now and if they break even I'm out asap. What a con, ponzi pyramid scheme. Utter shambles.
Oh well ya pay your money you make your choice I ve taken the hit .
Whoooosh GL
Wos you owe people here an appology. All your inside information was well made up..
Renewables WILL need equity funding. Yes there are grants and debt but typically 30% equity financed and Matad has almost no cash left and Heron well will maybe sometime arrive ..
Fundraise more likely now.
1.75? Lets see
Did just Buy more - Thank you!
Watch for next RNS in coming days for Operational start and Renewable projects /more inward capexstwrt to flood in.
Again, thank you for Opportunity for more stock - FOCUSED on INVESTMENT!
Planning semi retirement in 3 /4 years, will this actually get off the ground before then........i have serious doubts
This continues to prove that MB has continued to mis-sell and mis-inform all the way through.
This RNS is even worse than most of us were expecting.
Absolute joke..!
This company progress has nothing to do with elections.
I think MB has an agenda to not see progress. What was a point of this RNS. If no progress has been made since the last RNS, why copy and paste another RNS.
Time to see new management I say. He has had plenty of time and he is the one that is causing delays by not having good negotiation skills.
It is here for all to see.
Intel very rimportant, very happy with my shares. Think people have no shares not like my wise words 5333 invaluable information sir. The info is right there for all to see. Government paperwork from fictitious meeting,
Think those who troll really have too much money, old proverb, not happening, Me, Mike Buck, will if not today then tomorrow eat king po chicken with reawy reawy hot sauce …share explode. Wouldn’t want to be not in.. me very happy, no doubt sir.
(Well someone’s got to ruin the board every morning if WOS isn’t putting it on)
No surprise, seems like general election is blocking progress
I did not bother to read any BB comments - just DETAILS of RNS!
- So, was wrong for assuming Physical document BUT Land Access Agreement still in place with Mata Sum.
- Drilling Operational preparation for 2024 advancing ahead
- Local protestor 'misinfirmation' is just this & Company position within AGREEMENT clear
- Special Certification drilling logistics issue does not cover 2024 activity (previous RNS).
- Did say RENEWABLE FUNDING will be THROWN at Petro Matad and for global biggest Renewable space.
Buy or not no problem - my Investment timeline understand above points & not affected by anything else.
Petro Matad will be drilling this year I have total confidence in this AND oil in place will become Production Revenue!
Insults - do not bother, waste of time!
🦉
Ia m not sure if this is
"much a do about Nothing" or "Nothing a do about much"
But one thing for sure it is a Comedy of Errors. Here we are well over a year on from this time last year when we were "all but there" and still we are all but there.
Like a runner in the London Marathon. struggling to get over the line which seems to be getting further away by the minute. One day it will come. Just a question of when that one day is and will we still be alive to see it.
Oh well trying to look on bright side - at least the oil is still there and will cone sometime this year and at
least the herder comp is just £50k .
I wonder how much we’ll earn out of the Sun Steppe renewable JV
"Not looking forward to the SP swing today..."
2.7p open / 2.3p finish is my guess.