REMINDER: Our user survey closes TODAY, please submit your responses here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looking fruity
I think something happened to Hamm on the road to Damascus! He turned from deramper to ramper overnight, quite strange really.
Thanks Hamm, I just bought a few.
Wish I’d bought at 2p (which is where you kept saying it was going fall back to)
Let's see if master82 has any further updates on this meeting or anything leaks or even matd RNS anything today on if LP has been granted and we await only the paper, surely there will be leaks later on or weekend that a meeting has agreed to give matd the permit, could be in Thier news papers even.
ID, this is the best time to get in or add if possible.
Couldn't be better than that.
LP RNS is a matter of time. We are very close.
Welcome aboard AI-Investor.
I think / hope your timing is impeccable here.
I've been here since 2019 and hold a substantial amount.
IMHO, it finally now feels like we are genuinely about have a transformational year.
So much big news is potentially on the horizon for us.
GLA
@ Thorngoson - thanks for the response.
@Bprophet - yeah I’ve come to keeping an open mind to the contrarian view or more negative view is not a bad thing. You are made more aware of the risks. Are you invested?
I think I can see Hamm’s opinion, I’d maybe even say he or she is very bullish…
Mr. iamrich this is good point you make on time for admin process. Thank you sir
Happy to hold for this :)
The positive news would definitely leak and MATD should confirm it. MB said LP RNS to notify the shareholders asa they get it.
Al-investor welcome to matd, your at the right place right time and consider your self lucky as some investors have waited years for this moment to get LP and heron on production, but added bonus of new licenses and velociraptor drill to add
We are now 10.9% up on IG ...
Moving fast!
Wise owl, I wouldn't say RNS this soon mate, there will be administrational business to cover aswell as getting signatures from The top guys so my expectations are week or two,
MB has made the LP draft ready. It could be any time. It might be today.
LP=20p+
Lurked for a while but now in for 58k shares using some money i made from flipping darktrace. :) fingers crossed for the weeks ahead
In for a double digit blue finish today. Just under 10% now on IG any 9.62%.
Good day so far, Monday could be the day ....
GLA
I have never said good things won't happen - merely countered what I see has blatant ramping & asked questions about the future for PM if not everything goes the way investors hope.
I was very, very negative years ago back in the days of Bergen 'death spiral' finance and bailed.
Back then they were trying to finance wild cat oil exploration with confetti money, I could only see a bad outcome.
Now they have oil. They just need a piece of paper to pump it out of the ground. It's been a time coming because the locals don't want to give a permit. They're meeting today and might change their mind.
If not the Mongolian Government have changed the law to allow them to issue the necessary permits if necessary.
They're trying to build confidence in Mongolia as a place to do business and attract foreign companies and investment into Mongolia.
Ministers have told Petro Matad that they'll get the permit.
Chalk and cheese from back then.
We have oil, we have funds, we have drilling contracts being finalised.
We just need a bit of paper not a roll of the dice and let's hope we find oil before we run out of money.
I was invested here sometime ago and butted heads with some of you, I saw you as derampers. Ultimately you were right and I was wrong and the SP halved as the land permit never happened.
Genuine question, to those of you I thought were overly negative. Do you see the tide changing here? Do you think the land permit is imminent?
Some of the names I can’t remember, but 2 years ago there were a few very negative people on here- so it is to all of you that I aim this question (I just remember Hamm and Badprophet in particular).
If the doubters have changed their minds then that I find that a positive sign.
Good luck all (currently not invested but thinking about it)
RNS in Monday I think and because company must get official confirming for RNS. Not herder who wattsapp from back of Yak.
This mean meeting decision must be sign & all procedure finish to make official.
One thing tell me with confidence is
1) Change if law so central Govt overude local govt so local govt cannot be greedy now
2) Mining Minister mr J Gambaatar promise MATD will get LP
3) British Ambassador & CEO confirm have regular meeting with Mongol Govt
4) Ambassador confirm confidence Mongol Govt to give LP
5) CEO confirm VERY CONFIDENT coming very soon
6) Company confirm relation much better with local govt & look with confidence to be sorted out at even local level.
7) Know local level meeting discuss this now and know central govt overude them if they not give LP so no choice for them really
8) Mining Minister mr J Gambaatar mention in international meetings in last 2 week how company have problem before but Govt now putting all in place to sort out this thi g for foreign company investing
9) New licence round which MÀTD help Govt organizer & tell you everything about relationship between Central govt & MATD
10) New law by central govt to put protestor in prison if they do something like block land access after govt give permission
Now you make up mind with SP now less then 5p and RENAV 58p/26p
https://progressive-research.com/wp-content/uploads/data-sync/research/MATD%2020230302.pdf?utm_source=sendgrid.com&utm_medium=email&utm_campaign=website
Happy to hold MATD share before mother if all breakout I think :)
Very exciting times
Actually, the course should show where it is going, the Mongolians are not stupid.
Lunchtime RNS
That the meetings for what we think it’s for…..indeed meeting outcome will be out before it’s officially released via word of mouth.
The rise it will being will be intriguing, a disappointing rise on finding oil, a short lived rise on exploitation licence, but is this not the final step and will finally see a sustained rise , helped along by drill anticipation!?!?.
20p would be a market cap of 250m…..certainly not impossible…..GLA…….
Badprophet even with my huge holding here I do find your posts funny as an antidote to the blatant rampers on here…..certainly a devils advocate question wise…lol…….although I would buy in now if you haven’t already lol
You're a Top Man Master82.
I look forward to hearing something tonight or over the weekend.
Tick, Tock...
Still nothing posted yet.
Yesterday news only came in at around 4pm GMT.