Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Realistically, if everything goes to plan with the rigs, and drilling starts in q2 as expected, what share price are you thinking can be achieved this year (not including veloceraptor)?
Personaly, hoping for 15p - 20p
Yeah I’ve been here since August and holding for a few bags, just complaining about the usual MM shananigans, AIM would be a nicer place without them
So much news to come, think this will be few bags by end march
MP good post, that alone will boost the share price here and continue
Yes Coldjoe - unfortunately we will open red tomorrow (so much for the appeciation issue); but as F/A correctly says, it's how PM developes in the long run. We shouldn't really care about the outcome of tomorrow's trading day.
Anybody else think that the last rns was a nudge to our potential future jv partners
7 Dec RNS - states, drill contract negotiations for Block XX at an "Advanced stage"....so its happening, might be Petro China or someone else...makes no difference who it is. RNS should come soon as both parties have agreed the costs and terms etc.
Similar contractor terms under negotiation for Block V also, while we wait for Environmental permit approval.
I don't think my question is unreasonable. Even if it isn't just petro china, we are in a weak position for negotiations and an announcement appears due. I have a positive outlook on this share and know that any difficulties I may imagine will be short term. It's a shame that there are some here who have poisoned discourse and made people suspicious when a legitimate question is asked. I am simply trying to look at every outcome.
Baaa baaa do you work for petro China? Please don't worry too much and if you worry too much maybe this is not the game for you or maybe not the share for you,
See I don't worry and will leave my money here to just keep going up month after month,
Last drilling contract was with DQE International
Great start to the new year.Didn’t think we would progress so rapidly.We seem to have a great set of posters at the moment,Fair Analyst,Mr Positive, Ojay etc,all positive guys.I was wondering today whatever happened to Capt Stanley,one rule,bishand and duster/Shirley.They seem to have disappeared from the scene.I expect they’ll turn up at our £1 party at the Dorchester
I am worried about the rig negotiations. Petro Matad is very clearly desperate for rigs. I am worried because this puts them in a terrible position in terms of negotiations. They were in later stages of negotiations about 1 month ago and are yet to announce anything. Not trying to FUD, just wondering if this is something to worry about. Especially if Petro China is the only seller.
Who is able to give petro matad rigs other than petro china?
Hmm based on those trades that drop is absolute pi**take, very good volume and decent buys 3.5+ today, shame we will open red tomorrow with that UT trade but that’s just the usual MM shananigans…
F/A; Clearly the long term is what ultimately counts (after almost 12 years I know exactly what long term means). However, I believe I am entitled to comment on a single trading day without having it being qualified as "irrelevant" just because the respective poster (you) is unable to understand my comment.
We could be in for a strong run this week.
Almost 14m traded today. Very good volume. Momentum getting stronger each day.
Buy hold and come back in march for a bagger maybe more, end of year could be multibags
They tried Mr P but as you said no stock available ( good amounts ) @ 3.3
Bounced straight back up i have a 3.5 finish so nice solid day for us
Think MMs tried to grab a few shares with that very brief drop. But then would not let you buy at that price ?
Clearly demand is increasing here ahead of news. Still highly attractive entry price given the upside.
F/A: I was talking about today's trading - not potential, SP in a couple of weeks etc.
Inaccuracy: I'm sure you're right - I've been saying that for years. However, the numbers you get on your screen at the end of the day determine the value of your shares in your deposit. So whichever way you chose to look at it: We (investors) were lucky to find ourselves in blue territory today.
Long term: No question! Why would I be with this share for more than 10 years now?
F7A: Agreed; however, since the sell volume is higher than the buy volume - I guess we're lucky to see any appreciation at all (down from +8.66%).
Mongolia's oil sector's goal until 2024 is to increase investment in the sector and sign production sharing agreements in five areas. Reserves will also be identified in Galba XI and Matad- XX . As for oil production, it is planned to increase production and put into operation Galba XI and Matad- XX fields. According to the plan, the supply of oil products will be maintained, and an oil refinery will be built and put into operation.
On December 24, 2021, 4,000 tons of inventory required for non-industrial construction (EPC-1) arrived at the port of Tianjin, China, and the cargo was fully unloaded at the port site. Currently, the cargo is being transported to Erlian port. The tender for the selection of the general contractor for the work on unlicensed technological facilities (EPC-2) was received on December 30, 2021 and evaluation work has started.
A tender for a company to finance the oil pipeline project, engineering, procurement and construction work was received on October 23, 2021, and a draft agreement is being developed to establish a contract with the winning company.
seems to be 3 steps forward, 2 steps back, hopefully next attack of 3.6p will break and hold this little patch of resistance, with current volumes I dont see that being a problem
so many share holders consider selling their shares at this time would make sense. I guess it's fair to say that these people may have to kick their own asses for not waiting another few weeks.