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The only fools selling are T trades that have ran out of time... they will be buying back in next week
No one seems to know begger all on here
Email, zellman,
I wouldn't call this low volume a "sell off" - looks like the normal daily trades to me - we all sell for various reasons and does not have to be negatively portrayed 🚀💩
If you look back when there is a sell off "Them in the know" always sell first and the LTH always ask "Why all the selling".. The reason for the sell off will be known soon enough ....it's always the same with MATD ...
Viking,
so suddenly a lot of people are selling for "other reasons?"... Why all at the same time have they all these "other reasons'??
Selling off their shares even at these low levels. Personally I consider - even now 1 or 2 months later - selling at these levels to be risky. But everyone to their own.
BadP - or people who need to sell some from other reasons :)
//Who sell matd soooo low???//
Er - people who bought it a lot lower or think it's going to go a lot lower I guess.
Who sell matd soooo low???
I'll presume WOS's latest date for LP/SPC is Friday 7th July, as he says 9th July at the latest.
(It was Doc that suggested September).
Sir this is technical estimate base on number of days from MMHI process apply to MCUD process so Friday or Monday not important.
This just give you idea of VERY LATEST timeframe. This also assume Ministry transfer on date of RNS and all thing we know will not be case.
More realistic should be WELL BEFORE this timeframe and depend on how much before update did Mi ustry transfer happen & straight copy of other Ministry opinion from them we can see potential permission van be any day now.
Think this give us lot if security in position with or without V1 drill result
Curious, what's three weeks after 9th July? You said September but what happend to August?
You seem to think you smart 😂
//9 th July only give as very latest date//
9th July is a Sunday, so do you mean Friday 7th or Monday 10th ?
Pdr had 25% chance of success and the SP didn't budge through out the drilling period. Just look at it now it has doubled.
PM has working petroleum system and we are waiting for LP. If both come in this will be over 15p
Believe you are correct about bearing Cabinet submission time.
Timeframe I give in early oistcwaa very LATEST and still this is before V1 drill result.
With last update 22 May, Ministry opinion maybe weeks before this & Ministry feedback unchange then submission could be any day.
One who already have share can sit & relax for major RNS on this :)
Next Cabinet Meeting 21st June sir.
Uluunbaatar time +8Hr GMT so investor should remember this ;)
Anyone know the next 2/3 cabinet meeting dates? We are nearing the possible cabinet submission for LP now
Thank you WOS 😉
Ms Vikinglass Excise Tax Increase Law approve by Parliament in 2023 give special tax on raw material for petroleum production products from imported fuel. Cost become to high.
This why lot of small domestic plant for small scale production of diesel close.
Everything focus now preparing for domestic production & products.
Think people can see all pieces of picture here & Petro Matad important position in it :)
Just sit back and think of this multibagger in the making!
Found out after further research it was about some oil mix, apologies 😌
Okay this is true sir & apologise for confusing English.
Mean "VERY UNLIKELY process is not (much) shorter". Ministries will only need to copy same reply
Process MUST start before day if RNS uodate & maybe weeks before.
9 th July only give as very latest date with same Ministry reply time & with process not before but ON date of update. All know this NOT the case.
Even in worse case we should get RNS BEFORE V-1 result.
Give lot of confidence to holder of MÀTD share for multi mukti bag Pryce rise even without V1.
* We have gas cannister sir for our need :)
I hope WOS has sent his LP timetable to GoM. They obviously need something to work to.
I didn't read gas meters when i was a conveyancer ....
And i hope you don't read them either, as the figures would be enormous and the bill would be due last month lol
Just another long winded guess at things. Fair to say after waiting years, to narrow anything down to 'days' is hopeful.
I cant wait for something to happen. To put us all out of this misery! F
Gla