Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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DQE news should push this to 10p
Though a sell would be gratefully received.
I'm not selling however.
Same here on II nt for any amount
Getting absolutely no Buy quotes on Barclays for any Qty.....WTF
Wanted to lock and load before fireworks start.
3.9978 to buy £5k worth
No quote to Buy even £250 worth ???
DQE update could come any day. Their proposal is attractive to both parties. So win win for both.
DQE can fast track drills at Heron oil field lot quicker for the benefit of both parties. Much faster revenue stream for MATD just like DQE did for Petrochina with 50 wells producing 500 bopd per well on average giving them 25,000 bopd peak production.
Revenues from Heron-1 well alone would be quite substantial with circa 194 million barrels.
Then there is another potential 500 million barrels from rest of Heron oil field untapped.
Must be ready for the next push over 4p now.
love not live
Just thought I'd cause a few palpitations!
I live this board - it's a constant source of abusement.
Calm down guys, nothing will happen soon for sure.
IMHO of course.
Take it easy, just enjoy your Sunday guys.
I am presuming that DQE have come back to the company regarding the queries the MB had and other offer. If they have not i would assume we might have heard about other sources by now. Also i presume they have reached agreement and they are still at table otherwise again i would have thought we had an agreement. What i am getting concerned about is the reaction to this share when the RNS does drop regarding DQE i fear it is being built up so high that the share price could instantly drop as it will not match levels of expectations but i would hope that eventually commonsense would kick in and realised we will be quids in even if a lot less than we might have hoped.
Master82
Good work. Think we are good to go.
6 months from now when price is at multiples and Oil is flowing from Heron we would look back and just wish we had bit more faith.
Was a very big meeting. At least 20 people I can count on the photo.
The activists have been on PC case recently and interviewing the PC reps.
Looks like everything is settled with PC let's hope it's our turn next.
I've been following mpram and they are quite active .
Oops went back down again
We might get a schedule now that mpran has approved PC work schedule..
MRPAM APPROVES THE 2022 ANNUAL PLAN OF PETROCHINE DACHIN TAMSAG LLC.
Today, MRPAM hosted the 2022 annual meeting of PetroChina Daqing Tamsag LLC, a Chinese-invested oil exploration and production company that has signed a Production Sharing Agreement with the Government of Mongolia.
In his speech at the meeting, L.Bayarmandal, Head of MRPAM, said that the new management coincides with the new appointments and the recovery of production after the pandemic. These include:
- Prioritize environmental issues, approve environmental management plans, conclude water use agreements, improve water use, and introduce low-consumption technologies
-Solve workers' social issues
- Fully implement the agreement to support local development, increase the working and rest period of employees to 14 days in accordance with the revised Labor Law, and increase the salaries and bonuses of Mongolian workers
- Accelerate the renewal of PSAs in accordance with the Petroleum Law
- To commission 58.5 km of Buir paved road by 2022
- Introduce the draft amendments to the Mineral Resources Development Plan to the Petroleum Professional Council of MRPAM and discuss and approve them with the Minerals Professional Council
The company's PSCs discussed the work to be done in the fields in 2021, as well as the challenges, and approved the work program to be done in 2022.
By the way, two representatives of MRPAM were fired from the contract area of ??the company and S.Khurelbaatar was appointed as a representative of the 19th site of the PSC.
Love price 7% up right now either side liners are getting in or some sort of news in the background and in the know ppl getting in
I do think that Matd need a proper public relations officer that keep us lth’s informed.After all we are part owners of this company.I have held shares in Matd since 2011 when the talk was about 93billion barrels of oil!Its been a miserable time for lth’s,but we all knew it was a huge gamble.What I don’t understand is why many on this board seem to be so negative.Surly if they think it’s a bad investment move on to some other companies.
Facts:
We have oil, but it is still under ground.
We have EL, but no local permit.
Oil price is high, but we don't have it ready to sell.
We have CEO, but he is in Italy zooming!
I have more shares than many here, but very concerned.
We have a rig contractor, but just one which might have conflict of interest!
We have Heron1 as 'planned', but not Heron2,3,4 5.
MATD has lots of oil but MB talking about renewable.
MATD has general plan, but not schedul of work!
Have a beautiful lovely day guys.
No more tit for tat. Lets all just draw a line in the sand and from now move forward on the facts given.
We have oil, we have licence to extract the found oil, winter is almost over, talks over farming partner are underway plus possible future joint exploration wells, oil price is high, we have cash in the bank for wells 2/3 and we still have other large prospects to explore.
Its time to take your position and wait for the news to come out. Mike Buck has never been one to flood news constantly, only when there is something factual to give.
Oh and Matd is sensibly exploring the ideas of wind and solar in mongolia.
Its all looking quite positive. The price is the price, some are in it for short term gains and others in for the long term. I think some people forget that when reading others posts.
One thing for sure is this price will be moving during 2022/23
GLA
Something light to read perhaps? https://simplywall.st/stocks/de/energy/fra-ha3/petro-matad-shares/news/petro-matad-limited-fraha3-is-expected-to-breakeven-in-the-n GLA
We saw the rises starting last year leading up to anticipation of EL news and held fairly well until end June early July.
Hoping for similar this year and hopefully further SP gains.
I've also added some this morning, will be adding more each time it drops below 3.5p.
More in the pot this morning.
Happy to wait.
This morning at 3.49 £10k
See how we go …
GLA