The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Yes. Renewable energy is going to play a big part in the urbanisation & Industrialisation in Mongolia totally independent from Oil production.
Lot of Top multinationals looking to invest in Mongolia. I would love for MATD to partner with likes of GE or others for wind turbines, etc.
Or other Companies in Wind / Solar energy area.
Both industries will thrive going forward.
We just waiting for Velociraptor quote from DQE.
AND
Commercial payment arrangement from Heron Oil production revenues, e.g the % split between Cash & Oil that DQE seek from Heron oil production revenues.
Rest is all noise created by a few. Slight banter is all good...becomes a circus though sometimes.
EV's in Mongolia in about 30-50 years maybe.
They need a "full on" urbanisation and Industrialisation in Mongolia first. For next 2 decades oil demand in Mongolia itself would far exceed current / future supply.
Mongolia might need a 2nd oil refinery in coming decade.
You would have thought they would have by now confirm a drill date at the very least!?
No. You wouldn't. MATD are waiting on confirmation of working jointly with DQE and that is in the hands of DQE currently. The "drilling slot going it alone option" is a 2nd best option.
Petro Matad have their eye on the prize.
You would have thought they would have by now confirm a drill date at the very least!?
Agreed mmafr,
What a joke if you believe in EV and not Matd sell and buy more EV shares I just don't get it!!!
OMG, the postings are getting more and more unimaginative... what a waste of time !
FA……..at this rate by the time the oil is out of the ground EV’s will be flooding the roads.
Not many trades any more!
Doesn't look like any news soon/ for the time being.
Perhaps next year we have more chance.
Sounds 3.5p on the card again.
Have a lovely day guys
EVs are the future you know if makes sense....
One of the reasons I am a fan of MATD is that the Board of Petro Matad has taken the decision to seek to expand the Company’s activities in Mongolia into sustainable and renewable energy in addition to its ongoing work in the oil and gas sector.
FA……..chasing rainbows you say, nothing wrong with that. My present rainbow is Rivian, bought at $40 2 weeks ago ago and touched $52 yesterday.
EV’s are the future, you know it makes sense.
11 years, blimey, you deserve a medal, i have been here on and off for 4-5 years was last here last summer sold the day of my 2nd covid jab around 9p i think and rebought mostly just over 3p just after christmas. Q2 starts tomorrow so lets see where we are at come May, I just can't see the board allowing MB to get away with doing nothing this year
While I hoped might be earlier thinking sometime after May 9th. This clears Easter holidays etc.
They have always said Q2 right and around middle makes sense.
Still think we will fly once Heron extraction date and drilling update.
Been here 11 years whats another 6 weeks. Goodluck LTH's
Hamm
Must admit, that was quite funny. LoL
Jokes aside, please try to focus on future developments at MATD instead of keeping a track of MB where abouts and his Travel diary.
Past is past...need to look at the future with an open and positive mindset.
By the time MATD gets itself together oil will be out of fation.
Bet by that time MB would have been all over the world!
Have a lovely evening guys.
FA……..as I continue to say this like most oil shares will be a big gamble till the oil is out of the ground and sold on the market……..MATD no different. Yes they have confirmed the oil is there but if it was such a no brainer that the oil will soon be out of the ground and being sold for $170 a barrel why are we still languishing around 4p?
We all know there are folk on here that are paid good bucks to keep promoting a share……I am starting to see a certain pattern in your posting. Easy money eh?
If RNS lands on us Q2 Friday April 1st, wondering if MB has a sense of humour seeing as it's April fools day :+)) just a thought as the next bit of news I believe is going to be quite crucial. Getting the anticipation felling again. GLA
Hoping to find oil, that’s a gamble.
Waiting to start producing oil you have found is not a gamble. It will flow, it will be sold and it will be a company maker. Risk - reward, FA keeps banging on about it but for good reason.
88e was a disaster today. Problem with them is always issues to get the oil out (heavy oil) or they keep dropping tools in the well, etc etc.
Heron-1 is light oil and flowed naturally to surface and at a very good rate of 821 bopd.
MATD valued at a fraction. Come on....
This is way too cheap at only £36m MCap.
FA…….I am not out and still hold 400,000 shares but my view has not changed and it is that this is still a pure gamble as far as when the oil will flow.
Said it for ages 88e mcap was insane and still is.
MATD all to play for.
FA, R&H I completely I agree with you both.
We have oil, the license to extract the oil. Risk v reward here is far more attractive than elsewhere and yes give confidence to invest more.
ID78 - I hadn't but just checked it out now .
Well it proves the point. I always thought
88E was over valued and unproven . Still too migh Mrk Cap in my view.
Would much rather be in here.
Exactly research and hold. Did you see what happened to 88E today?
Far better to sit tight here and wait for production having found the oil.
aspers - Nothing in life is ever really guaranteed but the Oil is there!!
aspers - Nothing in life is ever really guaranteed but the il is there!!