Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Yes. Land registry was wrong comparison in this context. I realised soon after.
Point is... its now granted and done. As per RNS, management in parallel are already in talks with drill provider to agree time table for Heron-1.
//This important step //
One step is not a stairway!
First - Please can we stick to Petro Matad discussion. I know why mr BP is here because he say himself " I am only here to wind holders up'
This is why when he put misinformation to do this I post reference from official source to expose him.
This best way or ignore otherwise BB get ruin for useful discussion & maybe he want this.
Second - have to agree example was not good one mr P lol. They are in discussion already with service providers for completion of production from Heron (RNS 6 July 2023).
This tell me think "follow up formalities" just that and in line with what mr Buck say production in 2023.
Better logic base on official intel then BB paranoia ;)
Happy to hold ALL my MATD stock for big developments coming :)
From 6 July 2023....RNS
"The certification of Block XX as special purpose land gives the Company the legal right of access to the entire area for the purpose of hydrocarbon exploration and exploitation."
Mike Buck, CEO of Petro Matad, said:
"We are very pleased that the Cabinet has approved the certification of Block XX as special purpose land. This important step has been a very long time coming but now provides a firm legal standing to the Company to execute the approved plan of development for Heron and to explore the exciting potential around it. "
I think it wasn't the best example Mister P but the truth is I don't think any of us can hand on heart state we KNOW how long it will take. We all hope it will be sorted in time for drilling this year of course! (and I think it will).
Curious
That is NOT what i meant.
This is NOT a new application. We already got title back in 2019 when we were granted the Exploitation Licence.
Its something more like a clause to be added to our Block XX Title now granting us full access to all the land covered by that Exploitation Licence which was granted in 2019 and now with clearly defined boundaries.
This is a simple straightforward Execution of the Special Certification order directing the Ministry to issue registration certificate so that we have written proof of both: ownership and access. All done digitally and pretty quickly.
@Hamm
Wow - that's a spectacular misunderstanding of what I wrote.
I've followed this board since I first started buying MATD in 2019. I currently hold 888,000 shares, and am in in it as a LTH. If I decide to reduce the volatility ' noise ' around news releases through top- slicing, then that's up to me. That way though I am really just keeping up with what the MMs get up to with their accumulation and distribution tactics. Otherwise I am in it though long-term because I believe in what MATD are trying to do, and after the approval of the LP I am now happy with the fundamentals and the subsequent de-risking.
Btw, from what I remember back in 2019 - 2021 or so that you were constantly rubbishing the company and its prospects. Then you suddenly did a sudden volte face and took the opposite view - so what you wrote about me is more than ironic. Also, a couple of weeks before the LP was granted you were busy urging people on here to write on social media what a lousy place Mongolia is to invest in. That's a great way to create goof feeling for MATD amongst any locals how might read that kind of thing.
And straight after the spike to 6p after the LP was announced on Thursday you were urging people to jump in. Well right now anybody who took your great advice would be about 20% down right now, and would probably have been gutted and confused after the end of play on Friday. Meanwhile people who have no idea what is happening would have been listening to speculation on here on Friday that another raise is around the corner, or that there has been a leak that Velo is a duster etc...That makes me pretty annoyed actually.
And nobody has yet explained an anomaly which i have mentioned on here now a couple of times - why did you have a recent spike to 7p on no news and with low volumes followed by a 40% decline in just 3 weeks to a previous support level of 3.4p ? Was that driven by news and fundamentals ? I don't think so....
See u all at 07:00
@Doc83
"Investor33 - which part of my post to you was rude, other than saying the arrogance of it beggars belief? "
You just answered your own question....
And in response to your question;
' why didn't the MMs let it fly according to your logic ' ;
Because they area also trading their own accounts, probably mainly using technical analysis with charts. They know where the support and resistance levels are, and where the stops are placed. They can go long or short, but what they want most is volatility. So nearly 15% down the next day after a sudden spike up does just fine thank you. And that's without any negative ' news ' and with more buying than selling that day....
I hope not that long!
Registering a property for the first time
Your application will be completed by:
Earliest 11 to 13 months
Average 13 to 15 months
Almost all 14 to 16 months
https://www.gov.uk/guidance/hm-land-registry-estimated-completion-timeframes
//BP, no worries. You must be a good guy. A very good one. //
No I'm not - I'm a right prick - almost everyone her says so. It must be true.
Its done mate. Simply a case of Land Registry to update the name on Title Deed when you buy a house e.g. in the UK. Same procedure.
Official documents will be dispatched soon as they have updated Land Register.
15 green boxes someone is very desperate, only way is up here 😎👍👌
BP, no worries. You must be a good guy. A very good one. Just perhaps stressed out and a bit unlucky.
Always remember we here for you.
Thanks for that Hamm (sob sob) but you can stuff your charity where the sun don't shine!
BP, That must be parasuicide Behaviour which is a form of self-harm in which someone mimics the act of suicide without the intent to kill himself. Before to get to the next stage, please keep talking to us. Frustrated as you are understandably we might just open a kind of MATD piggy bank shares for you. That might just help to get back together. It is very cheap price and guys here may give away a couple shares each to help you out. What do you reckon? Please tell us you really matter here. You have been a really asset to say the least.
OK Hamm - here it is. I bought a million quid of MATD at 10p and sold them last December for 1.75p. With the few quid I had left in the bank I've been buying lashings of vodka& drinking heavily every ady (hence my rants on this BB). I haven't had the heart (or the money) to get back into shares and totally regret lacking faith in MB and PM. I am so bloody sorry & I think the best thing might be for me to end it all. There is a train track quite near where I live so if you hear of a beheaded body found on the line it will probably be me. Satisfied?
BP, your health is of the most important matter. You like to draw attention understandably.
Saturday/Sunday frustration every day for you! Wishing what could or should have done.
You must have been confused. Bitter, sour. Ofcourse why not you have lost so much money.
Don't keep to yourself please. I am with you. I am listening. Don't be shy!
It must be very strange in your head Hamm. Just sayin'
BP, I just feel for you. Difficult to understand 75% loss. Simply for hasty impatient decision. Feel free to explain to us what happened please. You must have sold when it was 3p or less. Tell us. Please Express your frustration. Don't keep it in you. It may certainly affect your health if it hasn't already. Better than never. Tell us. Talk to us. God bless your poor soul.
PMSL - looking at recent posts. Some accusing me of being a day trader, some saying I have lost big time. All wrong. Just stop speculating guys & get with the program.
Come on Hamm - you're just trying to wind me up. You know that's my prerogative don't you? When are you going back to the dark side BTW?
BP, it is ok. You need to express your frustration and anger of your hasty impatient decision which caused you dear.
75% loss is huge. Everyone would have sympathy with you. I really understand how difficult is for you to cope with that loss.
You just be feeling better when you talk on bb and showing your frustration. 50% is too much let alone 75%. You must have forgotten what you said here. That must be shock. But no worries keep telling us what you feel. Again no need to be rude.
//BP, no need to be rude. You shouldn't take it personally, you made a mistake sold your shares cheap and lost 75% of your investment. It isn't easy to forget understandably//
Why do you people keep perpetuating lies. I don't understand it.
BP, no need to be rude. You shouldn't take it personally, you made a mistake sold your shares cheap and lost 75% of your investment. It isn't easy to forget understandably. 75% is too much to forget. You must be still in a shock I guess. What can you do? Nothing really. Come to think of it you might need keep talking negative thoughts on the bb to make you feel better. That might be what you need. I guess every has sympathy with you. Not really easy 75% loss just for bad hasty judgement.