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Upon successful production I’m going for 35p. Once all permits are signed, I’m going for 22p !!!!!
Once more wells producing and the various jv’s in place 65p. Either way I’m retiring in 12 months 2 weeks time.
Wos, please elaborate MATD revenue with H1,2,3 production this year and further H 4,5,6,7,8,9 next year please.
( guys compare MATD to the likes of genel which has 13000boopd with $279m + debt and 300m MC, it was 6oom a couple of months ago.
Guys, each well costs MATD just $1-1.5m only.
Short term 20-30p achievable.
LP opens all the doors to petromatad in no time.
First - I look at development of Petro Matad into major Energy Corporation in Mongolia with Dividend paying which Petrovis will want / demand.
But Q is price on PRODUCTION?
Share price was 7.10p on Cabinet Approval (Plan B) Special Area Certification BUT with final permission STILL needed & all tineframe uncertainty with this.
With LP confirm RNS - Production come RAPIDLY and Heron 1 only need 2 week workover. This open door for other NEWAFLOW and FAST TRACK Full Field Development (7,000-9,000bopd).
DQE JV announcement and all other. Production, offtake from DQE & reduce drilling rate mean HIGHER SP / More flexible financing option.
*Petro China sister company of DQE 😏
Also PARALLEL Block XX extension of Toson Uul Proven & Producing 2 BILLION bbl basin (Petro Matad share 30% bigger).
SP prediction - Straight into double figure (10-20p) and with REVENUE GENERATING / NEWAFLOW / STRATEGIC JV price will build into 20p-50p+ as New Block / Renewable all other development news.
*DQE also look at Exploration partner options.
Think people can see why many have been building holding and where INVESTMENT interest lie 🦉
Whats everyones expectations on share price om production?
We will once set up and a 2 week drill will be straight on to becoming a producer
Next RNS will change everything here
DQE - do not think they will announce DQE JV before LP and useful to understand DQE approach Petro Matad for this deal without any move from PM.
Think is VERY positive we now get so many multiple FB posts from activists about Petro Matad lol. This fit in with all talk of LP.
Remember when BB poster complaining about all delay Mr Mike Buck make very important point - we make this legally watertight 😏
RNS coming I think BUT bu hold or sell - who care - I hold for full company development / Dividends 🦉
I captured a date from the video which was 09.10.2019
I tried to zoom in, looks like docs from 2020, checked our RNS's from that time but can't figure out what it's about
Latest on activitist fb page
"Petromat are violating the law and they are rushing to work"
A photo of a document. I think it is either the old decision against PM by the soum or the appeal decision.
Everything's approved just land use needs to be signed off simple matters now, I'm sure buck is getting dqe in meetings to
Get business running and everything else too,
Https://www.sunsteppe.com/about-us/
Sorry, forgot to add the link.
Maybe the board carn't elaborate on anything because if everything revolves around the LP issue then perhaps there's nothing to inform the market? The DQE contract may have to wait a bit longer as well, I would have thought they could be using the equipment we need on other contract, that Im not sure about because I for one sure wouldn't want equipment on hold for however many years we've had to wait now? Elections are looming and an AGM at some point, This feels like there's going to be no progress until the elections are finished maybe the AGM after them too??🤔 GLA
*did answer lots of questions at the previous AGM*
The AGM really should be very soon. MB did answer lots of questions that weren’t scripted (he answered one of mine), so hopefully we’ll have a chance to ask for answers to some of these vague issues.
Not pleb, tend to agree, yes I am pro Matad, but there are lots of vague issues that I am not happy with tbh that need to be RNS'd
For oars read board!!!!! Evening Ty.
There’s an awful amount of concentration on heron, all well and good,but what about the Jv which even PM barely even mention even in an RNS. Seriously need to state successes and any failures in the jv, after all it can drag or amplify company performance. I also seem to recall the comments of an oars member continually referring to near term income. Wonder what happened to that. No details of gazelle either, officially. Comms are still extraordinarily vague considering it’s finger’s are in many pies
Very good presentation by Deputy Mining Minister B. Uyanga.
Mainly about Mining but will understand how Govt support development / Investment and fast changed happening to help this.
*Xcalibur Muktiphysics to map resources mentionn which I talk about months ago.
This more for ones who understand what I write in 05:17 post about Petro Matad investment / Dividend / Growth into major Energy company.
🦉
You are RIGHT Mr Rookie - find other stock for yourself.
Goodbye! 🦉
It will take another 156 weeks!
She is referring to PM.
What about the cattle ranchers who didn't spare their pastures from the oil miners and Canadians?
If no RNS next week your finished, need to give mum her money back or she will not be happy when she finds out you took her pension money,
For me got my own money invested so can stick out for a week or two longer because the RNS is coming 100% no brainer it's a done deal all approved just needs some one to hand us the land use agreement
RNS coming on Tuesday according to my sources. Primarily Mr Tomato and Mr Brown. GLA.
Why is next week any different to the previous 156 weeks or so ?? Pray tell
LOL!
🦉
If we dont get the LP next week MATD are finished