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Excellent post KOREAN!
I invested in this stock 2 years ago with a long term view. Mostly I invest in miners which have often long and costly complications.
Petro Matad was (and remains) a great opportunity in my view, however, I occasionally check and see posters here spending every day speculating and hoping rather than being patient and having a long term strategy.
To me it absolutely seems reasonable that covid has slowed progress in Mongolia. The UK government has extreme slowness with everything currently (passports, nhs, etc) so it does not surprise me that a less advanced country is even slower.
The fact is Pedro Matad will produce oil and when it does it will profit greatly. Anything between now and then is pointless worrying and I would suggest posters spend their time elsewhere and come up with a strategy.
All the best, Korean
You have been just too naive I am afraid. Nit blaming you.
MATD /MB have never been honest/level with us. As you said rightly who the blue chip guys are.
Why on the earth we haven't managed to sort out all the legal situation in tha last 3 years.
Where has the b..........dddyyyy this the so called CEO been in the last 3 years. Yes it matters where he has been.
Why MB has never had plan b,c etc! Why anyone in MATD should get a penny if it hasn't been any progress on the last 3 years? Now you rampers keep praising MB! He is the one responsible for all the failure.
Never mind guys, have a lovely evening. He may somehow turn around the situation.
God bless all,
Nobody can be more disappointed than me at the lack of progress Matd are making.I understood we would be drilling oil by now.Obviously not.It would be very helpful if the company gave us regular updates on what’s happening.Also we still don’t know the names of our “super investors “.Why? However we still have 3 billion dollars worth of oil proven and probably much more.Thats why I’m holding.At some stage something has to go right with this company!
She never walked there, hypocrite most are.
Indeed Ojay, there appears to be a bit of a glitch on the system!
Thx Mojito - You're probably not the only one.
All "sells" and still +5%?
FYI all, I bought some shares this morning and it’s showing as a sell.
Reminds me of the Danish movie called Borgen!
When Greenlanders found oil!
Sounds very fishy.
Guys,
Strange how the protest took place at the end of q2 me thinks! Maybe gov are waiting till the refinery is almost up and running then they get all the oil, as much as PM await for resolutions and laws to be passed as I've said before nothing is ever rushed in Mongolia. All one can do is suck it and see. GLA
They could have stopped her if they wished to!
One may wonder what the government agenda is really!
Apparently the drivers refused to cross the line... probably in fear they would be accused of aiding the Chinese. She posts photos and names of people who hold differring views to her and accuses them of being traitors to Mongolia and in the pay of Chinese bribery and corruption. She has a large social nedia following who are very gobby. Basically she intimidates lots of people it seems!
Surely they could have just driven around (or over) her. I was expecting to see some sort of road block. What a joke.
There were a few others but not many....
Yes. Thanks for the link. It beggars belief that this person has been able to do shut the road for a week. What a weak country that allows such one person to do so much damage!
How can one person stop MATD petrochina operation!
She must have her personal agenda. She shouldn't be taken seriously.
Thanks for the link.
The protest has been going on for days.
Today they arrested the her .
They held up 20-30 PC lorrys
She ran the campaign against Matd in 2019.
https://m.facebook.com/story.php?story_fbid=1298810773990777&id=100011445393483
master82
where/how can I watch about the protest, please?
is - considering the Buy vs. Sell ratio - does not reflect the SP's real value. Well, what the hell: the market + the market makers determine the price (I waited 4 hours for my trade to go thru although I placed it @2p around 8.45 this morning) while other large trades were executed at lower prices.
So much to the general opinion that the MMs are exempt from "playing games".
Don't get fooled and best luck to everyone.
Perhaps it would be start of flowing good news.
Certainly there are lots of buys including Ojay!
God bless,
Plenty of police . Arrested the woman from Facebook . Just now. It was live.
Good ridence.
Looks like protest have been given notice to clear off and police are there to clear the road block.
Some good news.
Agreed, price will not stay that low. It certainly go lower if no news.
Time for MB to do some walk walk and no more talk talk!
Best,
Ojay, As you know I am heavily invested here. But 2p or 5p doesn't make difference really. MB/ MATD needs to put H1 into production this year so trust back. That is what needed now. Hope you are happy with you top up now.
Enjoy your day.