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I think some of you guys are so tetchy because you're worried sick about your investment - probably into it for more than you can afford to lose. if you were as confident as you claim you would just chill out, sit back & laugh at anyone who thinks PM is not the sure fire hit you are hoping for.
Petro Matad ALREADY have Heron asset which have 28p price target at $70bbl oil.
People agree or not with this target (could be much higher with oil price) up to them but all agree will be MULTIPLE if now.
Also Block XX extension into 2 BILLION Toson Uul Basin.
Point is V1 success or not price now look VERY undervalue. People say market find right level. Clever one say EVENTUALLY and before that can be big overreaction like now at 4p.
V1 drill in excellent source rock on PROVEN PETROLEUM SYSTEM so success will only multibag the multibag.
Big thing of course LP but if people think will not come then do not buy BUT think most understand will be VERY soon now.
For me big derisk happen when MRPAM transfer direct to Mining Ministry to take away control from local council and take direct through Cabinet.
Can see now lot if people already have derisk for V1 but can also see WITH or WITHOUT V1 we expect share price to multibag in short timeframe.
This make me very relax & happy to hold MATD share at such amazing time for company :)
B/p: What a poor soul!
So: Is it p/b or MP - or is it PM and b/p?
Looks like you haven't got more to critisize - oh man this is a very sad story!
//Hope you can make your loss up with other means than bad mouthing MP the whole time.//
Who or what is MP? Suggest you take a little more water with it Ojay - you're rambling.
iamadick - why keep probing? You know full well I'm not gonna tell you anything. Get a life!
My aj bell has it above.. but yeah, i guess in the scheme of things, only a few short rampy days until paydirt.. sigh
“Hurrah.. made the day over 4p... ffs”
Not the bid/sell price. Which let’s face it is the one that matters to shareholders! But it doesn’t matter because by 9th July we’ll all be millionaires.
Hurrah.. made the day over 4p... ffs
Mr CaC
Everyone is different but is because I do all other research into Economy, Sector & new Govt that I have so much more CONFIDENCE in all thing that happen with Petro Matad.
Tomorrow, Wednesday or next week no problem :)
BP have you bought any shares just asking incase this goes to 37p again, LP is coming we know this, but the possibility of velociraptor hitting oil is there too,
🤞
OMG b/p I feel incredibly sorry for you!
Hope you can make your loss up with other means than bad mouthing MP the whole time.
I think most people's interest is focused on the special purpose certification and know that the matter is with the government departments and we are awaiting on the decision.
This is the obvious company maker... unless V1 comes in at 4/1 ...
The rest is nice to know, but incidental really and potentially irrelevant if both the above two 'company making' scenarios for whatever reason don't work out !
Not deramping. Its just simply one of the possible outcomes to consider. Saying it as I see it.
Thank you for your confession mr BP.
Mr CaC you will never know this from people's posts lol
//Most people have NO idea what change happening in Mongolia//
Yes we do.
I think most scan the relevant facebook pages, including those of the activists, plus the government webpages, check the Diplomat and generally 'google' "Mongolia", "Mongolian Oil", "Silk Road project" etc for news...
//Instead they get information from ones like Mr. BP//
I don't think I've ever given any "information" on this forum. All my comments are pure conjecture & "what ifs". But at least I admit it.
Great posts owl, thank you for reminders as the negative posters are so depressing sometimes and you forget why you invested in the first place
Once LP lands boom 12-15p not long now few weeks tops
Velociraptor big bonus here if this come through fingers crossed could add another 20p to the share price
Ulaanbaatar Dialogue conference with 180 representative from 30 countries organize by Ministry of Foreign Affairs took place 15-16th June.
Last 2 session with Mongolian Business Council and the United Nations Economic & Social Comission for Asia and the Pacific.
Discussed Northeast Asian Energy transitionnetwork & Green Energy Corridor Roadmap.
Most people have NO idea what change happening in Mongolia & how clever Petro Matad strategy is.
Instead they get information from ones like Mr. BP who does not even hold share.
Everyone deserve what they will get or lose out on ;)
Yeak - bit like you & WOS iamadick - only I'm not getting paid!
Bp are you on this BB full time ? Lol
We HAVE oil and soon we will be one PRODUCER.
A few days or perhaps a few more weeks and then a 2 week workover of Heron.
Relax Mr BP and do not stress your little head over this thing & especially when you hold no share ;)
Yes BIXY but not to exclusion of becoming a producer if the opportunity presents itself!
Isn't that what Oil Exploration company's do BP search for oil ? oh my days !!!!
This k anyone who hold MATD share at any recent price will do VERY well ;)
Thank you for drill progress information mr Ninettoes. V1 success or not LP in next few days or weeks will multibag SP anyway
I don't think MB would be too upset if it's a duster. Get more cash from investors / go looking for new finds. It's what he does & enjoys most!
Mean it is part of plan to give Mongolia energy independence from imports from powerful neighbours.
Refinery is also part of this.
Also revenue to counter inflation which PSC give and why argument people say about "saving oil from China" do not make sense when PSC revenue is lost
Inflation key part of govt policy & did reduce lot in last 6 month from mining base export / foreign currency deficit improvement ;)
V1 total depth hit around 13th July if on schedule. Analysis will also then need to be done. There's a couple of ways of looking at that I suppose. Results could come early if its really obvious we have something or late if its marginal. A duster would be quickest of all so lets not think about that!