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WOS as always your logic is extremely logical but i would only say that there is a long way between logic and anything that seems to happen in Mongolia.
The question i have is would we be made an offer before we start to explore Heron or would we wait till we get the chance to explore that block. Would just sell block XX and keep rest and carry on or sell rights to Heron unexplored.
Once we get this LP it will be a very interesting period. The problem is how long is it going to take to get this LP. Hopefully this posting on FB is an indicator.
Great post WOS, keep these type of posts coming, stay away from the SP could be this and that. These type of posts show the potential of PM and why most of us are invested. Ignore the agenda ridden posts from certain people on here, it's obvious their reasons for their critical posts.
Do we hear something this week or not?? After going by that video and reading the replies on Facebook, has anyone asked a question on there?
The P M family.
CORPORATE INFORMATION
The financial report covers the consolidated entity of Petro Matad Limited and its controlled entities.
Petro Matad Limited, a company incorporated in the Isle of Man on 30 August 2007, has six wholly owned subsidiaries: Capcorp Mongolia LLC and Petro Matad LLC (both incorporated in Mongolia), Central Asian Petroleum Corporation Limited ("Capcorp"), Petromatad Invest Limited and Petro Matad Energy Limited (all incorporated in the Cayman Islands), Petro Matad Energy Limited (incorporated in the Isle of Man) and Petro Matad Singapore Pte Ltd (incorporated in Singapore). The Company has also entered into a joint venture with SunSteppe Power LLC (a renewables energy company focused on generation of clean energy in Mongolia), which is incorporated in Mongolia and is a 50% owned subsidiary of Petro Matad LLC.
Petro Matad Limited trades on the Alternative Investment Market (AIM), which is a sub-market of the London Stock Exchange, under the symbol MATD. Its major shareholder is Petrovis Matad Inc.
2Was
I hope you’re right my friend, I really do !!
Here’s to the happiest of new years
Simon, the activist states that the video is dated 03.09.23, but the fact the activist is kicking up a huge storm today about the sale of land suggests the matter has materially progressed.
Looks very warm there in the clip considering it’s January ???
Old news
SP already up ⬆️ around 25% since 19th Dec for one who think price have not moved - Uptrend in place but do nit lool for DAILY move.
Be Wise. 🦉
Look like it Mr Aeschylus & what we expect now - "The herdsmen who sold their pasture to the mine will be given less money, not even a fork / Dornod"
Company transformational RNS should be with us very soon (fooolish trader can carry on being.....foooolish)!
This was posted at 5am GMT this morning by the activist. Hope this is what we've been waiting for
https://www.facebook.com/100011445393483/posts/pfbid02Wk9ZtB8coSiZgvsWyFYggyhKm1vFRPgdbvdzMBw184Sk6i8nUFn2rcQjZfz6C2c6l/?app=fbl
HEADER SAY ALL!
First instead of abuse which is easy I do prefer logical discussion - AGREE?
Petro China Takeover offer make 100% logistical sense. Mr MB asked about T/O in interview and say possible and did indicate indirectly of Petro China.
- They have Blocks XIX & XXI right next to Petro Matad Block XX.
- DQE which look like will be MATD JV partner is sister company of Petro China
- Petro Matad Block XX extension into Toson Uul multi billion bbl proven & producing Petro China asset
- Renewable intention for domestic market AND energy export to China
- Think very simple person who does not see OBVIOUS logic of Petro China approach AND why this would be AFTER LP but BEFORE major fast track growth plan.
Q. Will Petro China be allowed to Takeover?
No one can say 100% certainty YES or NO but here is INTEL to consider - "Petro China Dachin Tamsag has expressed that it will follow the providions of the PETROLEUM LAW, whivh stipulates that in the case of construction of a refinery, oil will be suppllied as a PRIORITY" (Source: ikon.mn/3125)
Look like PETROLEUM LAW protect DOMESTIC SUPPLY so should not be reason to stop Petro Matad Takeover by Petro China (base on intel we have).
IOM MEETING - Say again why members of MMHI / MRPAM & Mongol Ambassador travel all way to Isle of Man IN PERSON?
I did mention often Petro Matad transforming into MULTI FACTOR DOMESTIC ENERGY COMPANY with perfect position for RAPID / LOW COST GROWTH.
They work closely with Govt to develop Tender process and have STRONG SUPPORY from Govt even if people say "slow process". Everything protected against ANY legal challenge in future.
With all plan to attract FOREIGN JV investment with "in country experience" and money pumped into RENEWABLE SECTOR by foreign Govts, Banks & Companies then Govt maybe look at link up with Petro Matad as 'proxy domestic company partnership'.
Think all can see logic point to something like these options for Petro Matad and VERY STRONG position they will be in company ENERGY SPACE and also what it can do for SHAREHOLDER VALUE.
We can listen to crazy posters here who rely on abuse for trading purpose or analyse logic & business strategy to see what we think really developing for company, shareholders & price.
(Trader will try to bury this post with spam anyway)
Why do you think I BUY and secure as big holding as possible. Make OWN decision but base on intelligent INVESTMENT analysis & RESEARCH 🦉
Doc how old are you? Are you reading the conversations and what I was talking about or just assuming, oh dear some dumb people here that's for sure,
“i do believe this wil be minimum 50/60p after they release this news,”
Oh dear. This just proves how little you really understand MATD. I think even WOS would say you’re being optimistic with 50/60p on the signature RNS landing!
Shhhh don't tell anyone Pro 😏🫢😘
Hahaha this is even bad for a ramping Crew and i have seen a lot.
Crewmwmber 1: Pssshhhh i have info. Do not tell. Will be big
Crewmember 2: you got it! I did too and bought ;)
We havent remembered the sp didnt go up. No buuinh when asked... what a sad performance...
Remember boys: 25 days
We discovered the iom visit and the formation of a new business, what do you think it may be? a joint venture with the Gov which is why the LP is of national interest?? 😃
WOS looks like your on the ball, I worked it out and the reason I bought in, there will be some serious money coming to matd to pay with, i do believe this wil be minimum 50/60p after they release this news, but price now is great so topping up as and when I manage to free funds,
But I do think after the next RNS they may announce this immidiatley but hope they don't and wait till they start production
Good luck
Mt Researchandhold
I have thought on this but will discuss in detail AFTER we get next RNS on final Block XX LL because this is main near term development which open up multiple RNSs for PRODUCTION / REVENUE.
We all remember this IOM trip discover by shareholders which lead company to mention in RNS - this is important point because think all can see to take members of MRPAM / MMHI / Mongol Ambassador IN PERSON to Isle of Man point to big development.
Watch how thing go VERY FAST for Petro Matad & Shareholders after RNS permission.
This is INTEL mainly I keep to myself.
For all BUY or not base on known investment info - all other discussion for us shareholder after 🦉
R&H this might help....visit mentioned in the May RNS:
"Discussions on changes to the Production Sharing Contract (PSC), on the proposed work programme and on fiscal terms have been completed. This part of the process involved a visit to the UK and to the Isle of Man by representatives of MMHI and MRPAM"
Researchandhold said //BP is like a stain on humanity//
As their pockets were already stuffed full with brown envelopes MB thought that giving them a holiday in the IoM might sweeten the pot a little more.
Extract from RNS :- 22nd May 2023
“ Discussions on changes to the Production Sharing Contract (PSC), on the proposed work programme and on fiscal terms have been completed. This part of the process involved a visit to the UK and to the Isle of Man by representatives of MMHI and MRPAM and we were honoured to be accompanied on the trip to the Isle of Man by the Mongolian Ambassador to the UK.”
Why does that need a visit and why was a new co. set up just after ( I think some kind poster discovered it was Petro Matad Energy Ltd - stand to be corrected if memory fails)
Fascinating ?!
Didn't think we'd get a bigger prat than Bad Boy but there you go !! Bad Boy will be miffed lol
26 days boys
Facts:although some BB members want us to believe this is best opportunity ever...
Again almost no buying
SP still not up
Ramping Crew talking to eachother.. sad
And ofcourse: again no RNS today
I must say I totally agree Ojay.
Apart from a very few doubters here most would agree this is now a question of when and not if.
GLA
I have no doubt that posters such as r&h, Hamm, Wos, Thornogsen et. al. are all on the right track. We just need to wait for that "mother of all RNSs" which will initiate the long awaited (and deserved) PM fireworks.