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Exactly.
It shows block xx under special purpose territory
LOT of post which tell you how hot MATD stock is BUT make me laugh when I see what us in posts.
Poster either really does not know how close many / economics work or does try to deliberately mislead lol. Cannot thinkmoeople who invest really thinkmlike this.
Velocirapror / Ostraliamate think you post at 11:03 & 11:36 very accurate & intelligent view.
Maybe LP before this because just did check Cabinet summary & did not mention anything about land issue BUT we know Ministry of Construction & Urban Development did submit Special permission document for signing.
Summary does not mention all 40 issue only few so people may get surprise soon without share. Like you say this is opportunity of lifetime but some people deserve to miss this for greed.
Other comfortable with investment & wonder at all BB emotion from investor who does not understand or play game ;)
Hope this one's read your post & grow up little bit ;)
Be happy & watch investment come home.
I don't understand this. What is this about
Cheers
Oops forgot the link
https://imgur.com/a/0GOFt3p
Todays -2% attained. With bonus. Ffs
Ojay, 5 years waiting for LP and Still waiting. Shareholders deserve an answer.
Buys as many as you like, but even you expect crash soon!
What legend? No link in post
Sell, sell, sell!!! Nothing coming good regarding PM in the next couple of days or even weeks.
But when the sp reaches new lows: I will be happy to grab a load in order to get my average (even further) down.
Take it from me - you're better off without PM shares (unless you have the patience that certain posters on this BB consider to be stupid).
Some guys are nuts really. No LP and a duster =1 p if lucky.
Waiting to get LP + v1,2 regardless of the results =20p+.
Guys, what is the point to spend money if unable to get the oil out?
We have already have 200m BoO and waiting 5 years to get LP and still waiting!
Are you nuts?
Pipeline completion is a long way off - a lot can happen between now & then.
How can it tank when the drilling isnt even priced in. Yes, when spudding is announced, the share will rise in anticipation and rise further as TD is reached... and THEN it will either tank on a duster or appreciate considerable if they hit pay dirt.
I got sent this image from a friend
take not of the legend. first one shows areas which is designated as Special Purpose
the 2nd image shows area which is NOT.
Your missing the point the share price will crash if velo is a duster and no LP
I think everybody is missing the fact that the MG are funding the pipeline to the refinery. Why have this expense if they are not going to grant the LP?
Thought I spotted a post earlier from WOS … that wasn’t a ramp.
Then just before he was going to sign off he added “only the people who are not in, are worried by the certification submission of the forms”
Just can’t help himself .. along with some other paid cronies.
Christ if we aren’t on a day when there, isn’t, is about to be or hasn’t been a meeting … we have some other guff.
I am a holder … trimmed a few as it’s been clearly drifting south this, (and yes I will buy more back) but the board has no credibility as we are just on a rampathon.
Reading through someone (dared to say) there was something wrong… clearly either ridiculous red tape or there is …but it’s expectations partly from the rampers on here that make this share appear damaged rather than the company itself. If people are told just by WOS alone in 700 800 posts (only since the end of January this year) that there’s a meeting and outcome that day…. You can only be let down so many times before apathy at the very least kicks in. Then of course we all start to feel like a Manchester City fan in the 1980’s 90’s of being consistently let down.
Look what happened to Man City ? … I trust this bad boy will eventually..rise to some dizzy heights too … but the history of where we are drilling, could be better …so our first news could well end as a damp squib… but like Man City it will come good here.I just hope it’s a damn sight sooner than the football team managed it.
In all of this I don’t see how Mongolia comes out of it with any credibility that it is a good place to do business.. it’s a joke. Or it’s only a joke if indeed any of the meetings have been about what is incessantly ramped on here about.
And why the need to change your user name and then tell us it here?
The ostraliamate (not oilstraliamate) account still exists. Why not just use that one?
So
Why did you leave? Why the need to turn up now?
Or are you a fake döppelganger?
Hi AI, not a ramper mate. I funded the some of the seed capital for Matad before you were trading.
It's an exciting time and multiple news flows incoming.
Unlike you, i don't spend much time on boards pretending I know everything. I live my life and have an actual job.
I invest in companies to make a significant return on my capital. In fact I don't really post very often unless I see pests and people with no shares making ridiculous statements.
I had an old account on LSE but this is my new one. Nothing unusual about that.
I am here for the long term and I think you should think about buying some shares here, as whilst on the more speculative end of a portfolio the risk reward is incredible.
Good.luck mate , I hope you can buy a few shares so you can get some of the massive appreciation in the share price which is coming regardless of those on this board.
Cheers
Southy / Oilstraliamate
Blimey Velocoraptor, you make it sound easy as p*ss. Your'e either very new to MATD or taking illegal substances !!!!
But hope you're right for we LTH's have endured a LOT of false dawns.
I think Pm should take the Mongolian government to court for compensation for lost revenue due to issues on their behalf.
Don't sign a PSC if they don't have control over the land.
Personally PM should definitely screw Mongolians for lost revenue.
I am not quite sure (other than the usual derampers) why there is an issue with drilling Velociraptor whilst waiting for the Special license to be issued.
At the end of the day there will be some short term spike in the share price when the well is spud shortly. We have a 20 to 25 percent chance of hitting oil which is impressive, but still a wild cat drill. This ridiculous talk of stopping the well is farcical. The Velocitaptor site is approved and ready to go in the unlikely event that we strike the mother load, production and exploitation will not be an issue.
The Special licence will be issued at some point in the next few days, weeks, a month. There is absolutely nothing showing this won't happen and the timing is annoying but really doesn't make any difference to investors.
So in short it's my view that this will be the timing
V1 spud about w/c 19th June
HERON approval before 30th June
V1 Target depth early July
V1 Testing if successful mid July
HERON production commences mid July and HERON 2,3,4 drilling scheduled with DQE
V2 early August
V2 testing late August
The rest is history
Good luck actual holders. What a great time to be a shareholder in this amazing next 6 months
Hoping for V1 success and that will be something incredible to be a part of.
Cheers
// if the SPC was signed off today and that is an if then the RNS has to be at latest tomorrow //
Not necessarily. It might have to sent for sealing, registering etc before legal.
Anyone on here familiar with spc formal ratification?
With no RNS buys coming in don't mean anything... UNLESS they are HUGE and repeated buys