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This is ace. Share price is super low. Filling my boots. 3 more days and it’s pay day so I can buy some more. Love it. GLA
Waiting for Godot.
Act 2.
"...They then throw insults at each other to pass the time"
Happy to keep things real 😇
Iamrich you just wanted a quck spike and then out ... that's why you're so p!seed off.
Yes while we wait for LP let these Muppets make this board more depressing by moaning and doom mongering and be miserable,
Negative but found out that b/p, C&C, doc et al. served this BB quite well with their respective views. There's actually nothing more to say although I'm certain we will hear from those characters very soon.
Anyway I share the opinion of the (or those) posters who - from my POV - correctly say there's not much more we can do than wait and see. Nobody likes that and nobody is doing anything about it - but it is how it is.
Just like Pensana plc high gamble (that has gone down the drain)
the stake of winning higher with this company
I'd have thought to put a little pressure on Petro China to play ball/help out.
They might make money from transporting Petro Matad's Heron oil but similarly they are effectively competition for future oil blocks etc?
Does anyone know if it's common for mrpam to participate in these kind of meetings? and why it's not just Matad and PetroChina....🙄
"the Mineral Resources and Petroleum Authority of Mongolia (MRPAM) discussed with PetroChina Daqing Tamsag, the operator of the adjacent producing fields, various options to process, export and sell Heron crude during the initial phase of development and negotiations on the operational and contractual details are ongoing."
Rookie, do you not have Google translate? I'm not sure it will all fit into one post to translate. GLA
Apart from telling the truth I'm quite happy to debunk any posts I see as misleading (hopefully with a light-hearted touch).
Badprophet, so this is telling the truth is it!! "Too true - I'm sure that MB is independently wealthy and donates all his income from PM to good causes. PMSL" As you say, PMSL
As "someone" commented:
"Sitting & talking may be all very well but it's not produced any oil revenues so far."
The fact that these people are talking and meeting is a good sign, they are planning and negotiating, I can't see them spending time doing this if they belived it was a lost cause 😉
//Curious yes and you continue to deramp and moan and be miserable here right lol//
That's just your perception. I said for example that the cabinet report was favourable ... but I guess people choose interpret as per their prejudices.
//hat exactly do you get out of constantly posting snide comments //
If telling the truth (as I see it) is snide then call me snide. There's always the filter available you know.
Jim, it's not in English bud!
Doc, nah I don't trade, I was here during the days if the spikes which ended up to 37p but sold earlier as I was happy with the gains
He who laughs last laughs loudest.
Let's hope we're all laughing soon.
Badprophet, what exactly do you get out of constantly posting snide comments here? You come across as being rather sad spending so much time doing such. But, Hey Ho, each to their own!
Iamrich - when you say you “made 1.5 million off this baby”, do you mean £1.5 million and trading MATD?
A little something while we wait
https://www.mongolianminingjournal.com/a/72946
// Once again they are sitting side by side with PM.//
Sitting & talking may be all very well but it's not produced any oil revenues so far.
An answer to those who believe the MG is trying to hold Heron back until the refinery.
MRPAM are involved in negotiations for the distribution and sales of Heron oil through PC facilities during the initial stage of field development.
This is very interesting. It hints that they have some skin in the game and it answers the doubters about oil sales. Once again they are sitting side by side with PM.
//I like that the CEO appears to have a genuine desire not to live at the expense of shareholders//
Too true - I'm sure that MB is independently wealthy and donates all his income from PM to good causes. PMSL
I think Petro Matad is a very well run company.
There's very few staff and they run on a shoestring.
I like that the CEO appears to have a genuine desire not to live at the expense of shareholders and has our best interests at heart, he runs a tight ship.
Once that piece of paper lands we'll be off and running.
4p will be history.
And should Velociraptor strike as well, won't be all be glad we were holders.
First mention of the new company in the annual report. It is listed as a significant event.
An owned subsiduary of the company was inauguarated on 15th May.
Hopefully more to follow.