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This week looks good for the LP to land, here's hoping so much has happened and the ministry has had a month to respond to cabinet let's see if the meetings this week approve it or if it has been already then news on way,
Squeaky bum time here for some so all possible negatives will be thrown in now lol, will be in second week of may and LP to drop anytime now and velociraptor a month away, with other news this could be ballistic, buy Tuesday or say good bye simple really no point fighting the share price, some on here did their best and the share price just continued north, now we will have the sideliners and traders also come in for a slice of the rise here to come
Final results for year end usually in June
Do you mean a placing now May?
Mongolian wages can't be that expensive? 3rd of Feb was the last placing, only 3 months ago :)
Even a bit of green around today
Like I say expect pre-V1 spud RNS's for 'SITE MOBILISATION / WATER WELLS WORKOVER/ OTHER SITE OPS'
Check CEO comments from From 20min 30 sec in
https://youtu.be/IRGBKy5v85k (copy & paste in browser).
If SPUD first week in June then RNSs mention must in next 1-2 week :)
Some extra money spent on air fare to IOM of all places for MB and staff. I suspect it will be worth it though.
Let's see how much they have paid themselves in June for what?
To replace the money that was kept in reserve for after the LP but because it has taken so long they have spent on salaries.
Don't worry, master82 will probably be along shortly with some useless information he's dug up & given a misleading slant!
Is it me or can we just about hear a pin drop ? Patience is always the name of the game along with good fundamentals, market sentiment and a certain amount of luck. There is so much potential here but its just that at the moment, I suspect that some news will drop very soon but who knows exactly what. Its always been about the LP at the end of the day or at least a quick and ready income stream to fund expansion and exploration else we know what will come along with any rise in sp. Fingers crossed 🤞, have a nice relaxing day, I suspect things will soon become rather over charged in the coming days...and we will certainly know more than we did today.
Tax breaks for renewables seems like a no brainer,
https://youtu.be/ln_8kmkz9MI
Bad your life must be miserable. I bet you're one if them guys who stay at home alone and not have anyone to share happiness with.
Cheer up and let the world run . 1bn is not going from your pocket. The whole country was happy to have a day off.
Get a life and live and let others live.
Sometimes money is of secondary importance?
But as it happens we're making it here in Petro Matad at the moment, are you?
Zellman still chipping away too.
Keep going fellas..... you're doing great.
No trading today. Aside from the cost of the bloomin' coronation itself the extra bank holiday is estimated to cost the economy more than a billion pounds. Of course royalty brings a lot of money into the country doesn't it?
Thanks Jimi, doesn’t work if I push and hold but I can copy and then paste back in on Google, so it’s working that way at least. Bit of a phaff but it works. Thank you.
I had the same issues. I've since found that if you push your finger down on any link like the one I just posted it gives you the opportunity to open it and then takes you to the page were as before you could just click the link it also works the same for YouTube videos, It is definitely something that LSE has done with the system maintenance update they have done on Saturday. Hope this helps. GLA
Jimi I still can’t see any links posted , am hoping this rectifies soon, lots of issues trying to log back into LSE account yesterday.
Https://ukinvestormagazine.co.uk/petro-matad-exciting-times-are-predicted-could-the-shares-multiply-in-value/ I think the shares price has started its upward movement since this article was published. So much news to come. V1 if successful?? LP due any time, what's not to like. GLA
Also expect China electricity consumption grow by 6% (at least). By end of 2023 52.5% expect to come from non conventional sources.
Say again look at Petro Matad plan for Renewable & did say in very clear way will look to export to China. Also recent visit to Beijing by Minister of Foreign Affair B. Battsetseg with big part of talk about partnership / grant of Renewable projects in Mongolia.
Think everyone can see pieces fitting together :)
Market close today ms
Be happy & enjoy today. Think big price move up from tomorrow ;)
Just realised the clock has changed here, I wrote my entry at 7am UK time but it says 6am, just in case the RNS is delayed tomorrow ;)
Thank you mr Dozzababa & mr Ninetoes for breakdown on VELOCIRAPTOR SPUD.
Look like will be ready 1st week if June but can expect RNS build up for this in next 1-2 week.
Petro Matad will announce pre Spud development of "mobilisation of site construction & workover of water wells".
From 20min 30 sec in
https://youtu.be/IRGBKy5v85k
(VERY GOOD INTERVIEW FOR NEW INVESTOR OF MATD)
Also say about New License Block & fast communication of this from Mongol Govt.
This also with all other news & another Cabinet Meeting can expect this week.
Share price momentum pick up & expect good price rise with lot of early seller now gone.
Happy to own MATD stock :)
I'm afraid that it's closed, have to wait to Tuesday :)
Loooong wait ;)
King bank holiday .wonder if Market open today?