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Why won't you discuss a possible placing here WOS. Do you think Mike Buck knows how to do placings, does he have great experience in MATD for doing this.
Lol WOS resorting to having posts deleted, unable to face an argument.
Mr Laguelle - "All I can find is the bopd for the half-day flowing at one well head 5 years ago."
That tell us everything about how hard you work in your research!
Read RNSs, Listen to Interviews & Read Research documents.
You can start at company webpage and let us know how you get along sir!
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Do you want to be baby fed all research Info? 🦉
Stas20 - if you think that MATD is a waste of time, then why waste your time on here talking about it ? It sounds like you are just a schadenfreude merchant who gets pleasure from other people's discomfort. Usually the liberal peppering of posts with LOLs is a pretty sure sign of this kind of person.
Why not devote your time to something that will make you money - you are obviously an expert investor or trader....?
"During the meeting, both Petro Matad and MRPAM pledgee to work together to enable commencement of PRODUCTION IN 2024"
Remember Govt losing out in PSC revenues while Heron is not producing.
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Heck Company X Platform post if meeting with MRPAM on Jan 16th.
One thing today show is how badly research some people are about MATD investment!
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"after which we plan to seek the approval of MRPAM"
lol good luck with that, not that they will seek approval, just that they will plan how to address the approval question, the next brilliant RNS will be to tell you they now know how they are going to seek approval, likely a letter which will be to request a meeting, which will be the next delay, etc..
Laguele - you are not factoring in the intended JV with DQE, the whole point of which is to be able to roll out Heron as quickly as possible, and with minimal cost to MATD. The 14th February 2023 RNS stated ;
" Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have been completed and the contract for a multi-well development drilling programme is with DQE's head office for review and approval after which we plan to seek the approval of MRPAM. "
"If you in fact mean 7000-9000 barrels OIP? Well, I don't want to pee on your bonfire but..."
lol, but you just did...:)
"I think people are right when they say COPL shareholders are most vicious ones on ANY board"
lol good English saying uses the terms pot, kettle and black you annoying, cross ramping, vile lowlife. look up the term Schadenfreude
WOS do you think you were a wise owl going over to other forums to antagonise their shareholders and whilst trying to do so, start ramping matd.
Has it in fact not actually just provided reason for many to come here and highlight all the problems that Matd have and why the company is likely to ultimately fail after expending its last attempt at a discounted and dilutionary placing.
Do you fail to realise that some that do not post on here do so as they are not invested, why because they know matd, they know Mike Buck, they know petrovis and they know the environment and knowing all this, they know not to invest in matd.
No need to reply it was rhetorical.
Laguele, I was being kind so as not to come across as a deramper, thus my 2p placing target, however yes I agree with you getting a placing for a company struggling is going to be hard, particularly as the reason for it can not be the same as the last few already used, but I didn't want to say what it might be at.
Investor33 - quite right. It seems some want their hands held with monthly RNS's
Yes, I think a placing is likely here soon, no guarantees but 20 days straight drop in the sp seems to point to it.
There was just over a 2.5 month gap between the last two RNS releases. So far it's now just over 2 months since the last RNS was released. So I'm sure why there has been so much talk about ' delays.' If 4 months had elapsed then maybe bit might be more reasonable to keep going on about delays.
Laguele : have you read the report by Progressive Equity Research from March 2023 ? This was written before the land was designated by central government as special purpose, but before Velicoiraptor was found to be a duster. Heron was valued at 18.5p per share.
Now THESE posters are derampers WOS.
Are you able to spot the difference between them and concerned holders?
Securing LP is the key.
When we get it rerate will follow.
Till then we are where we are.
If fund has released MATD should inform us.
That would help confidence back.
Wise owl speak with fork tongue.
MATD heap big pile of doggy doo.
He need more firewater.
No wild cats here mate we have found oil and about to produce once we get out permit, we will get permit Al agreed up on just need admin to clear,
Produce in the millions and soon to be self sufficient so at this price pure bargain, people can't see it yet but market wil wake up and cause a storm
Yes ignore Heron, it hasn't done anything since it was first drilled, in fact it ONLY found oil because it was drilled into someone else's find on the border of the Chinese asset, land disagreements, government disagreements, tribal disagreements, and dependant on the good nature of the Chinese for a route to market (at what cost). Money running out again and likely needs more funding, then weather problems etc etc this will be the same story next year, as it was this year and last, and the one before.
Matd has nothing except placing after placing, how many raises now, certainly into double figure and not one barrel of oil in 15 years, what a wise owl indeed.
Like I say Heron should have been named Stegosaurus, slow and clumsy
Trading makes it look likely, certainly reminiscent of the past, the price has been dropping now every day for almost 20 trading days, 2p placing would be about the normal discount. from this position.
Ignore Heron, it has been pulled out of the draw as the matd play every year for about 5 years or more as the company thinks up new catchy titles for the next failed drill and the next placing to support the next.
This wise owl is doing you no favours being on others forums, all he does is create discontent and volatility for your share, he places the spotlight of Matd's failings for the world to see and likely he'll help drive your share price down.
No so wise is this owl.
I think Wise has been un wise and has bought too many "shoe' for his wife on the credit cards and the bill has now come in and funds aren't there hence all the ramping on the boards !!
WOS, only buy what you can afford......... Be Wise.......not in debt !
Wos, we all know that you are a paid poster. That is ok.
Please share if you know what we don't as it seems you have inside information!
Let's us know how come your English rapidly improved?
Guys I don't think our 10 or 20 herders are the only ones in Mongolia I think there are a few more than that.