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I can dummy sell 300k shares for 5.04p
I am trying to sell but MM are not taking it at the moment... not even at the bid i see in the screen... mmmmmh
Prof any share I'm negative about I sell regards jack
We just need HE1 style rise. 100%+ in a matter off few days
Its all coming together here nicely... double figures when they come will be a great relief for all.
Agree. 5.40 - 5.50 today would really bode well.
Same again tomorrow and we would be flirting with +7p
We just need 3 to 4 10 rises and back to 7p. .i can see this easily doing 9p in the next coming weeks.
Local government should be back at work on monday..
2 weeks max to get approval done .
Crane/rig max 3 weeks to deploy.
Workover 2 week
By middle of September Heron should be up and running ..
The well can continue making money over winter.
Very tempting to sell here.... again a fase move? No need to answer..i know what people think here. Only way os up. Nothing van go wrong etc etc
Just checked SP….nice to see a double digit percentage rise. Onwards and upwards. GLA
Mongolian Govt partnership / Investment I look at what Isle of Man meeting bring where top official from Govt agency / Ministry & Mongol Ambassador attend in person with mr Mike Buck
Mongolian Govt partnership / investment would transform Petro Matad into quasi National Oil company with public London listing stockholders.
Toson Uul Basin has 2 BILLION Proven & Producing in PC block 19 & 20. Petro Matad Block around 50% bigger.
Mongolia. renewable potential one if GLOBAL BIGGEST.
New Blocks for tender some bigger then Quatar and why some people talk about Mongolia as possible 'NEW SAUDI ARABIA'. Also mr Mike Buck talk about excellent geological profile across Mongolia for oil deposit.
Do not misunderstand. I FOCUS on HERON / BLOCK XX development BUT when mr Wolverine talk about FTSE 250 this is all POSSIBLE 100% but we focus on Q3 operations first.
This is most practical way to look at investment for now & fast move into double digit price territory.
Bigger picture will come & will seem I vious later :)
Sageman - WAG Payment Solutions showing as the smallest constituent in the FTSE250... £650m market cap. About 60p for MATD? So yes, a bit to go yet!
Ojay - so we need to park our conversation debating/postulation on potential future dividends, but it's OK for people to spout off LP= "15p, 26p, 58p don't miss out, buy while you can!" ad nauseum, and you'll defend them for it?!
I love days like this! Two of my other ones, HE1 and PRD are flying as well. I think this needs to rerate above 10p so we are really only getting back to where we should be. I am hoping Mike Buck will give an update/interview shortly.
Yep expecting mid 5's close today.... still way to cheap here
Wolve I love your word “expect” regarding Ftse250 entry. The bottom company has a market cap of just under £1bn, 😂🤣😁.
Should close above 6p by close of business tomorrow in preparation of next week and potentially lots of positive RNS’s. All bad news is out of the way now. Once we are generating income and the MCAP reflects, I would expect MB to move PM out of crooked aim and into FTSE 250. Early days yet but all the pieces are now falling into place. GLA
The savvy ones imho are topping up and I notice my resident green box has gone missing hmmm
Doc can see us easily touching 7p without news in the very short term.
A good forward looking statement and heron fast tracked in to production straight in to the teens and that’s when I will slice gla and we are here to make money end of 👍
Whether PM will be handing out dividends or not - and particularly when - appears to be an issue we needn't talk about today; pure speculation; don't forget that PM still needs to generate revenue from the Heron wells (this year hopefully). Let's postpone the dividend issue to the end of the PM business year which displays more income than expenses.
Dividends really would open the door for funds. Many have it as part of their investment process that any stocks they have need to be paying dividends, never mind just the focused 'income' funds.
Anyway, would be nice just to break the recent 7p highs for now!
Ibiza
Medium Term....up to 12 months
Long Term....... .. 2 years and upwards
Mr Doc
Your point is good but for this reasons I disagree
Full field low cost multi well development (and revenue) will be rapid with DQE partnership
Also PARALLEL Block XX ention development
Petrovis will want ROI quickly as well & do not think they trader for capital gain lol so not surprise if maiden dividend introduced quickly. This also open up door for even more Institutional investment.
We see but this is what I think & make full logistical sense.
GL
Short term for 100% upside - 1 to 2 week
Medium Term - Q3 2023 (July-Sept)
Long Term - 12-18/24 months
I know Q for mr Positive but did just add my opinion to discussion
DQE FAST TRACK / LOW COST & parallel development of MULTI BILLION bbl Toson Uul Basin (start I expect in Q3) explain this using actual Intel / info.
Rapid Multibagger basically & any Institutiinal entries will push it harder
WOS - I can’t see dividends being paid for a long time. I’d imagine MB would want plenty of cash in the reserves to ensure financial stability for years to come, as well as financing other drills.
Mr positive
PWhat do you classify as medium and long term.