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Two things about early Q2.
1) Today is early Q2. So is tomorrow. So is the next day… I could go on so the fascination of no announcement when we are still early Q2 - I just don’t understand. News could drop any day.
2) if it does not drop early in Q2 so be it. We are talking about negotiations between two companies, it takes a bit of time. Hopefully early Q2, but if talks continue then, to my mind, so be it. I will not get too excited. I’d rather a favourable deal reached with DQE than not. But, again, DQE is the icing on the cake. Starting production ( on our own ) is significant and that does not need DQE. It needs a team that are contracted and we are waiting our 2 eeek workover slot. We also need a permit to store the oil in a tank. This is all we need to move the share price.
DQE would light a rocket under it
I'm stuck in this at 11p from back in 2018, the times we used to swing between 10-15p hopefully would like to get out at some point, I can't see us hitting those highs anytime soon, don't really want to sell at a loss.
Poole122 - your lack of understanding is thankfully not my problem!
Really dont get how you can call fa's jibes pathetic, when you and others do the same thing to positive posters on here.
Some people are positive this will happen, and some aren't. Just let each person do what they want
FA - as before, I'll post what I like when I like. Your jibes are pathetic.
FA………….in due course, early Q2 you say? This is early Q2 now is it not?
Looks like you still having those positive dreams.
//Severe and repeated emotional meltdowns, from someone (supposedly) just taking a 'Punt' ;)//
If that's directed at me I can assure that I don't get emotional over any of my bets either severely or repeatedly. As previously stated MATD is a very small part of my portfolio so it's no big deal which way it goes - just a side play.
master82: can you link to the specific facebook page in question? I'm interested to know more.
Facebook. Good way to get information from matad soum
Thank you
Facebook. Goodway to get info from mongolia is Facebook.
It’s obvious I’m a more bullish MATD investors, so please don’t take this the wrong way master82.
Where did you find out about the local conference?
There a local conference on the 29th .
Matd must have solid work plan to hold this conference.
No rush guys. MATD needs time for this serious deal! I reckon next RNS September.
But 'definitely ' oil out in next year but surely when refinery project is ready.
Enjoy the sunshine guys
Thx for that post Spainish.
As I mentioned yesterday I have the feeling that if - BY THE END OF MAY - PM doesn't announce it will get started (extracting oil from Heron 1) PM and its investors will be in trouble.
I am convinced that PM will not need that much time.
ATB
This has got to go at some point.
It’s either very close, or we are all going to be here again next year.
The market in Mongolia is beginning to recover, the PM is pushing FDI as well as anti corruption, the borders to China are beginning to open with the Justice Minister pushing the topic, which creates a platform for Matad this year.
News by the end of April and we are in good shape. No news by this point we could be looking at 2023.
https://eguur.mn/279043/
Google translate, a brilliant tool to find information
It is a win win guys!
Drilling this year shares double figures.
No drilling this year shares 2p or less BUT opportunities to add more for next year or year after!
What isn't to like. Patience required. Max a year or 2 perhaps 3 or 4,But oil is there down under.
Have a great day guys
"How many drilling seasons is MB intending to miss ?"
The answer is he intends not to miss any. Hope that helps.
And EXR.AX has been drilling progressing their assets throughout the last 18 months
How many drilling seasons is MB intending to miss ?
GL Oilf.
All AIM shares are a punt, but there is measured risk (extracting oil you have proven to be there) and off the scale risk (drilling for oil that, typically, may not be there- there is a low chance of success on exportation )
Ad for lies, I have seen lies from the derampers. A classic was suggesting the workover crew can not do their work before the permit is released for storing the oil in a tank. I did notice that post was removed/deleted after realising the lie couldn’t stand up.
As I say, AIM is a casino but you can pick safer bets, which I think MATD is one of
You keep spouting lies FA. Myself & probably the others with less than rosy view ARE holding shares - maybe not millions like you but certainly significant amounts.
I backed my horse in the National. I didn't expect it to win but I hoped it would and was prepared to risk a little to maybe gain a lot. MATD is a similar punt.
There is also the word "try" to report back early Q2 (which I take to mean the 1st half of Q2 so hopefully within the next 16 trading days) However granting a little wriggle room due to the word. "try" then we shouldn't be anxious about no news until early June imo
Spainish, as you know there is no news until the DQE and MATD working group have concluded negotiations. From the RNS of 25th February 2022. "The parties have set up a working group to determine urgently how cooperation could work and would try and reach a conclusion early in Q2".
We all wonder the same Spanish…all I think is this is the calm before the storm and when MB does drop the RNS it’s all hands on deck as the SP surges towards double figures.