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V1 Spud 13th June - 30 day timeline
Est Results 21st July (14 July + 7 days)
3rd April Update - Documents circulated to all Ministeries in advance of Cabinet submission
22 May Update - ALL Documentation by MMHI had been CONPLETED by this date but was transferred to Ministry of Urban Development (mcud.gov.mn) to secure any future legal challenge to SC because jurisdiction is theres.
This make about 48 days MAX. This is without fair assumption very likely transfer of Ministry happen before date if RNS 22 May.
Also understand reasonable to think all Ministry opinion is unchanged & because National Importance designation give CLEAR message of Govt position on this
Same timeframe without assumption I say above & FULL timeframe give 9th July.
BUT
VERY UNLIKEY
1) Process not shorter because if Ministry position already give before
2) Process start on EXACT DAY of RNS and must be BEFORE maybe quite long time before.
This is logic and have put for all to see. If so wine say no need insider info maybe they do not understand how investment work.
One who say cannot always rely on logic I say better then pulling number from b*tt.
Special Certification land access RNS for Project of National Importance coming any day now & BEFORE V-1 drill result.
Be Happy without Psychic buttt & with LOGIC :)
Have you got a link you can share? Cheers
Like I say all come together & getting ready submit Special Certifucation to Cabinet for Mother (and grandmother) of all RNS :)
This is interesting although the translation is once again a bit dodgy. The same activist posted Friday that "Counterfeit Fuel" was going to be discussed and now posts that it has been approved. He also posted lets see if the 'Constitutional Flower' has been paid...intimating some form of corruption if it passed this topic. We live in hope.
Lanicaamans.
Thanks for the synopsis and the benefit of your wisdom, wit and insight ...
My grammar school and university must have got me all wrong. I'll let them know their mistake.
Thanks
There is running around gathering raw data, then there is the wisdom of lived experience.
Many years working with government administrations tells me a lot about government decision making processes, which won't be found on facebookor working on oil rigs :)
"Constitutional flower has made a decision that counterfeit fuel should be "produced"!! !!️!!️ "
Lot of blah blah from people who do not even bother to research lol
Like I say must understand Economy if country & political change in recent year to fit into complete investment picture for Mongolia.
From official Mongolia news today
"Currently our country supplies 95% or more of its oil product needs through imports. Being completely dependent on foreign countries for this strategically important product creates conditions that pose a risk to the economic security of our country.
Therefore it is in Mongolia's interests to support domestic production."
Also no one did bother to report in visit to oil refinery by Prime Minster on Friday and he say will have personal focus on this project now to speed up.
How many people here even bother check all news feed today & govt web pages. Think they more interested in gossip against other poster yes? Lol
Maybe wise mean wise, Bad mean bad, CaC mean CaC (sh*t in Welsh), Landicaamans mean cl*toris locker but also equality mean he lick all thing lol & Doc mean sneaky ;)
No more will talk about other poster who like this gossip & want it to ruin BB. Will talk of share only ;)
Be happy but do research.& stick to company talk please :(
Mr BP I post later on LP timeframe with FULL LOGIC ;)
Thank you Master re Oilman Jim, I was curious what he has to say about Matad, he has been very negative about Pantheon for a while
Nothing on PM at the moment.
That's the best way to get info ..Do your research and stop depending on others for tips. They all thing they are experts but majority of time they fail..
No mention of PM at local level on Facebook..
Whatever happened to the Mongolian facebook page?
Don't bother wasting your money with oilman jim.
He just repeats the same old stuff and he won't give you any tips.
Oilman Jim's private post
Petro Matad (MATD) - Market capitalisation: £47 million.
Velociraptor-1 exploration well, Mongolia: 100% MATD interest. Estimated spud date: June 2023. Resource estimate: 200 MMBO prospective. Chance of success: 20%.
MATD was better at 4.2p. The company announced the spud of Velociraptor-1 on 14 June 2023. The well is expected to take around 30 days to drill and in the event of encouraging results, the rig contract allows for follow up with an appraisal well.
MATD has been covered in the private blog as of interest since its placing at 2.5p to finance the Velociraptor drill. The share price reached a high of 7.1p prior to the spud.
Oilman Jim blog - just wondering if anyone have access to his private notes on price guidance for Matad and would be willing to share ? Thanks in advance 😌
Logic / Assesment / research
Just NO answers!
No Logic, NO Assesment, NO research. Just emotion base reply & personal insult.
GAME SET & MATCH
Thank you ;)
WOS - LP DATE? PUT UP OR SHUT UP!
WOS - as you have said, MATD are the guinea pig for the new MG process and procedure. So all your gazillion words on why you think it’ll be sooner than September are worth no more than my words.
Although your track record with predictions is dreadful, and that alone should give my prediction far more credence than yours!!
1. I don't set myself up as a bb guru
2 . I don't have a boiler room script to hand to repeat ad nauseum, then deny accountability when wrong, like you do 🙂
Mr CAC
We waiting for your asesmnent
Get to WORK! ;)
Be aware of bb gurus who make up predictions, then ditch them when they prove false lol
Mr Doc "you have no idea what research I have done"
Nobody know because does NEVER show in your posts. . You are like GOSSIP GIRL on BB always post just to attack other poster &then pull thing out if buttt as opinion WITHOUT reason lol
Mr CAC
"One needs to be able to assess the possible variables"
Go and assess them then otherwise you just say useless statement on BB lol. Assess variable. Do your SWOT analysis. Give all reason why you think this & not that and make reference please to all factor that is unfolding. Not just "delay before so delay now". Give reason for delay before & see if it still affect share.
Give all variable & conclusion otherwise you are like gas man who say gas meter need fixing. What use is this lol
Do all this by end of today & will look at it later maybe or tomorrow to see how well you know company / country / sector & research ;)
Mr Bad Prophet have give my research & reason plenty of time with all unfolding event which I put into this as well.
I say will not waste time with silly talk with traders like Mr Doc & mr CaC whobsktaay have been exposed to talk down share when they secretly buy.
This is why they always address post at very specific poster & attack poster without own useful research to share.
I ignore from now & just put up post for serious holder who can take research / intel or leave it.
Be happy & aware of BB gossipers ;)
When do you say the LP will be WOS - so we can judge your "deep research"?
Rest lol
Mr Doc
You pull sept out of your buttt again with no logic & cannot explain why lol
Be happy but give buttt test please ;)