We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Petro Matad are being as pro-active as they can be here.
There's not much else to do other than place your bets and await events.
I'm currently minded to thin that longer term 4p is a gift given that I think the Heron permit is just a matter or time and that'll still be the case regardless of the Velociraptor drill result.
But imagine waking up to a huge Velociraptor strike RNS in 2-3 weeks before that happens.
Oh the irony...
Grown men have nothing better to do then talk rubbish
Curious, I think SNAILS PACE!
I wonder what 'at pace' means to PM.
Seriously! its right near the top🙄 whilst wos is over excitable, i can understand his frustration when commenting on the basics
Doc, I stand corrected, thank you.
@vikinglass Then he shouldn’t use quote marks. It’s deceitful and very wrong and I think everyone knows that.
It's in the directors statement.
Renewable Energy Opportunities in Mongolia
"Petro Matad continued to explore opportunities in the renewable energy sector in Mongolia through 2022 following Board approval to do so in 2021. Work was done to investigate the technical and commercial drivers of solar, wind and battery storage opportunities and to evaluate local partners. As a result, a solid relationship was established with Sunsteppe Energy, an experienced and well connected local developer with a track record of bringing projects to construction ready status and finding investors for the construction phase. A joint venture has been established between Sunsteppe and Petro Matad and work is now moving forward at pace to generate a number of renewable energy opportunities that have the potential to add value and generate revenue in the near term."
Mojito, I don't think WOS quoted what was said in the RNS, he used his own words and his own view of what could be....
I think you know this too 🙂
@vikinglass, I’m using my eyes, and I don’t see it. Do you ?
@ Mojito - how about using your peanut 😌
@wos
"Now moving forward AT PACE to generate a number of renewable energy opportunities that have the potential to add VALUE and generate REVENUE in the NEAR TERM"
Wos can you point out where in the RNS the above paragraph is, I’m having trouble finding it. Thanks
Nice WOS... As RNS said looking forward to updating you on MULTIPLE workstreams..... EXCITING TIMES
"I very much look forward to updating you in the coming months with our progress on multiple workstreams that are now in play.
WOS - agree, I was thinking the same re trip to IoM and shares to employees, hopefully we are on to something bigger than we could have imagined 😍
Yes mr Researchand hold. Do not believe member of MRPAM & Mining Ministry fly out IN PERSON to Isle of Man and with Mongol Ambassador unless development was something big for Petro Matad & country.
"Joint Stock Company"? I understand if this is case why mr Buck cannot speak about this at this point. Also understand why stock option discuss now to employee.
Maybe people also think about this in yesterday RNS
"Now moving forward AT PACE to generate a number of renewable energy opportunities that have the potential to add VALUE and generate REVENUE in the NEAR TERM"
More newsflow & bottom line revenue then some people think.
Think lot of people who talk about this or that really talk about nothing ;)
Happy to hold while they do this. Company will grow with or without them :)
WOS - very interesting research
"Discussion if preparatory measures implemented in the framework of becoming an open joint - stock company"
A bit of a coincidence following the IoM meeting
WOS - +8 hours - does you "deep research" reveal anything about today's cabinet meeting?
Always shock me when see discussion on BB & think how this people real investors lol.
Mr Mike Buck get on with running company while BB experts give un-expert opinion.
After so much delay from COVID, law change & now progress direct to Ministry Control with submission expect "shortly" we get BB screaming lol
Think mr Buck have focus completely to move company to revenue generation. He does not care about how BB poster trading strategy get mess up for Velocirapror derisking.
If he say "submission shortly" after speaking direct to Ministers he does not care what BB poster say about "what is shortly & what does expect shortly mean" This is for BB gossip lol.
Like header say think so much derisking of Velociraptor happen already and why SP so discounted now. With target just Heron without Velocirapror 17p-27p and Special Certifucation submission expect "shortly" (est WITHIN next 3 week) can see upside which this unlock.
How long before recent 7p smashed with RNS. Couple minute maybe & constant auction to get share?
This whuvserios investor stay focus on progress to end point Special Certifucation Cabinet submission expect now.
NOT BB GOSSIP ;)
Also I see this today with more then 30 topic discuss in Cabinet. "Discussion if preparatory measures implemented in the framework of becoming an open joint - stock company"
Could this be to do with any partnership which maybe happen between GoM & Petro Matad at recent IOM meeting with important people in person there?
I do not know have no other information but confident high level meeting was about partnership to bring Petro Matad into big role in Oil/ Energy sector.
Maybe all ones who spend all day GOSSIPING can make change and do proper research to explore this ;)
Be Happy & Investment Focus :)
Is V1 much closer to the refinery than Heron? If so and IF V1 yields recoverable oil it would make sense to run the pipeline there & export Heron oil which is nearer to China. Anyway I agree (and have been repeatedly shot down for saying so) that MG will not be keen to export Heron oil if that is all they have in the short to medium term. No oil export, no revenue for PM, cash raise coming.
Sirbob and this is my opinion I think the original posts to cabinet have changed and now MG are safeguarding the oil so when they need the oil for the refinery it's there. Have thought it all along, but PM will and the MG will make.revenue in between
Imagine you were in charge and you proper pushed the MG or threatened them, we would have lost the whole license by now,
Buck is the CEO for a reason and his doing his job fine, his been diplomatic applied patience and his getting the ship to its destination,
Most of you lot running matd in your wishfull world would have been kicked out long time ago
You lot crack me up
I also agree with you Manro…
It’s becoming obvious as each day goes by, that MB appears to lack any leadership skills and any key competencies.
How has he managed to let things drag this far - and still no benefits to be shown.
It simply beggars belief.
The fact about LP is only one. We haven't got it - - yet. No one has said yes, no one has said no - ... IMHO Someone must have interest in keeping this situation unsolved and work to stall any clear yes/no answer be delayed... Obviously the MATD Ceo and his close collaborators would never name names or reasons as all hell might get loose... Maybe a surprising truth might be revealed at 'fait accompli'
Iamrich, wouldn't it be better to learn to think and find answers to your inadequate questions than to laugh constantly? If you are not capable to think then try remember the simple truth - constant laughter and clowning often leads to disastrous results.