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I post lot of I yel and clever ones will understand how it fit together for complete investment picture for Petro Matad.
This is from Regional Development Forum few days ago and maybe people begin to understand what happening with Province & Sum budget independence / sector specialisation.
Also why all committees in Dornod / Matad agree with company now & support oil production. Same with Renewable they mention in other province.
https://youtu.be/MD7FS48IkpE?si=1pAggk1EggKDsVeU
ππ¦
We know we have cash until July 2024, but we don't know at this stage if we have cash beyond this point, so thinking SENSIBLY we have to assume we won't. Any sensible company would not leave funding to the last minute or gamble on the Mongols coming good, and risk going bust. And so would start to explore funding options well in advance. This is LOGICAL ,sir.
MB like the rest of us will be hoping Heron is sorted ASAP. This will make funding, be it a market raise or loan from the likes of Petrovis, much easier to arrange. But if it drifts to March/April, I think MB will put the wheels in motion for some kind of raise.
It is 5th Feb today - cash until "at least" end of July.
We do not have Cabinet level permission to get thru now & compensation agreement with herder already finish with cash transfer to MRPAM in Dec.
Also all cash for Heron operations cover and Renewable capex not needed until 2025. Also we know New Blocks will not be develop this year because of EL / EIA for them.
Think any cash raise will be LIMITED and so do not think it needs be so well in advance.
This is just logic π¦
Real_talk_xd - we could do with another update from MB on this. It could be we have plenty of cash beyond July 2024. However, if it only runs until July 2024, then if the situation with Heron drags on much longer, they will need to at least start considering how to replenish the coffers. WOS - they will not decide this in July and will do it well in advance.
"cash sufficient until AT LEAST end of July 2024" - Production should be before then with workover of Heron 1 take a couple of weeks.
RNS we expecting will be company making and open up all other NEWSFLOW with higher share price from this.
Production give more flexible finance options then we had when NO production with NO land access!
Think that point simple to understand π¦
What is the cash flow like currently? Will they need to do a raise before production?
Yes, everyday is a day closer! But how long have you been saying this?
Researchandhold said //BP is like a stain on humanity//
//Can the government override him?//
WOS reckons they'll throw him in jail & chuck the key away!
Researchandhold said //BP is like a stain on humanity//
What we need here is some balanced comment - where's Hamm?
I wonder what put options are if the local governor refuses to sign the LP..
Can the government override him?
Or is PM better off making the MG 50% partner and claim the field for special needs
To the miserable and negative people here, your allowed to post rubbish depressing posts but allow wos to post positives posts too his invested and has the right to,
Please stop the hypocrisy, just feels like kids coming on to this board
On 7,000-9000 bbl a day with just Heron think yiu can start to look at value going forward - market is forward looking and more with big ibstituion invetir which eill look at cpmpany who are PRODUCER.
This need most important RNS - one we wait for to open up all other developments.
We different (and better) then HE1 because we have clear growth / funding thru production & partnership strategy which will be fast track!
This other developments / RNSs will keep sentiment / price going also.
If someone expects MULTIPLES or MULTIPLES of MULTIPLES no problem. π¦
HE1 very different to MATD. It was valued at about Β£4m before it "BOOMED"... MATD more like Β£40m currently. IF MATD fell to 0.4p, then maybe we'd do similar! But IMO we'll be lucky to hit double figures now.
And WOS - you think Cybertron makes good points?!
People who give me "advice" should also give me logical reasons - not insult base on no logic...."capiche" ππ¦
"Next HE1" - Agree sir!
"WOS where do you see the share price in RNS ? I'm thinking 12p then once production first sale maybe 15-20p? Next HE1 rise here folks"
Mr Cybertron thinks yiu make very good point for MULTIPLE on RNS but also must look at how this RNS is CATALYST for MULTIPLE RNSs.
(I list some in 08:07 post).
People will understand strategy for Fast track & low cost Heron development of 7,000-9,000 bbl a day BUT this is only start.
Toson Uul have estimate 3 BILLION bbl which they have plan to develop "in parallel with Heron" and this is where DQE JV come in again.
Then NEW BLOCKS whichbthry look at next to known assets so this details should come out very soon.
Then of course many expect early TAKEOVER offer from Petro China if above not enough - with this or without this we can see how RNS catalyst will KEEP PRICE MOVING for other developments OPETATIONAL & SPECULATION ones like Petro China takeover - Operational is enough on own for multiple of multiple rise.
You are right about HE1 example but MATD have MUCH better case for ongoing rise & company development / shareholderr value.
I did buy more after that other intel I posted π¦
Calm down Twittwawoo.......banging on the same drum for a year now and nothing has happened.
Turn off , take your wife shoe shopping ( everyday) and only come back when there is news. You aren't persuading people to buy or sell....capiche
Logic NOT Insult - you cannot do it sir!
Be Wise and do research - start with post 08:07 abd come back if you can sir. Let us talk and discuss like grow up adult sir but I do not think you can fault investment case sir.
I wait for your intelligent reply WITHOUT insult.
Be happy π¦
WHY do you all put up with this rubbish poster???
REPORTED. Just before bin.
We KNOW what catalyst here for price AND key to open up all other developments elopment / RNSs ( check post 08:07).
We KNOW this will come and every day closer. Buy or not but do not insult when you cannot apply logic
Be Wise π¦
BOOOOOM on header and BOOOOOM what we expect - just like did happen for x20 bagger with HE1 with same price drop / derampers before
BUT
Much more solid fundamental here & company growth strategy π¦
WOS
You post the same thing week in week out whilst the SP drips down
WOS where do you see the share price in RNS ?
I'm thinking 12p then once production first sale maybe 15-20p?
Next HE1 rise here folks
If Herder Agreement reached which it is & all side agree which they have - then better to listen to logic & preoate for RNS.
Lot have eye here & why do many illogic comments ππ¦
Guess we will hear something in july if it follows the trend π