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The net proceeds of the Capital Raising will primarily be used to drill Velociraptor 1, evaluate/sign new PSCs, develop renewable energy projects and secure an exploitation licence to develop the discovery
I was negative towards MBs performance. Go back and check the posts.
Still think he is a slacker.
Go on report my messages.
Think everyone on this board should just report these three idiotic morons and stop engaging with them now, I will and just keep reporting these lieing manipulators
//Like I say empty coke cans make the most noise//
Only WOS makes more noise than you master - so like you say "empty coke cans"!
Hamm we know your history. You were the biggest and truest de ramper until about 4 months ago.
Also I recall Masters82 was highly negative poster and WOS didn't even exist on this board 6 months ago....
Doc83 says alot about you when your having conversations with BP, I think your a ******, look at you now talking about about a raise when they have raised already, and you don't like people talking about imminent news like the LP and make it sound like it will take months and years and on top make it sound like it may not happen but happy to talk about a raise that may or may not happen next year
Think people should just report and oust this preeeek
F ING twot
Badprophet.. even a stopped clock is correct twice a day.
3 idiots:
Curious, BP, DOC.
Derampers.
//Really Badprofit do at least try to make your posts marginally credible //
Remember in December when MB and the rampers were insisting "PM IS FULLY FUNDED" & I said there would be a fund raise. Do you remember? And do you remember what happened?
Velociraptor = 20% chance of success
Some questions I'd like answered are:
1. What if the Velociraptor spud doesn't find oil?
2. What if LP issue gets pushed back until the refinery is nearly ready ( in 2024/ 25 if no more delays)?
3. How much will it cost us to buy these additional blocks?
4. How long will £10 M last without an additional income stream?
Thanks C&C
We all know that some idiots will never understand. The last raise was for renewables you plonkers.
Heron field has money already.
The last raise was for renewables. Like I say empty coke cans make the most noise
BP: "There will be another fund raise later this year IMV."
It's possible, but my hope would be that some value has been realised (LP arriving etc) and that the raise would be done at a higher SP level than what it is today.
This should be slightly over 7 and the reason for the delay in the push is the MB not getting his skates on and releasing long awaited news
Come on BOD let's see what you've got to say
About time
The funding for all Petro Matad's upcoming plans can be more than funded from the sale of oil from the Heron field.
It's a company maker.
Further funding will only be required if the Land Permit isn't granted.
That's why it's so important and why we're all anticipating a very good Share Price rise when it is.
Really Badprofit do at least try to make your posts marginally credible or difficult to shoot down or else you'll rather lend weight to the story that you're trying to undermine?
Agree with compensation part. We should have been flushed with cash from Oil sales for at least 2 years worth of revenues.
With over $12m in the bank, we should have plenty healthy cash balance left. Velociraptor-1 cost is only $1.7m - $2m range.
Heron-1 workover is only 2 weeks work before we get going.
New Blocks will cost a small amount.
We could also Farm- in for both Block V and Block XXVIII. Spend more cash in increasing from 3 - 15 wells as planned.
Oil & Mining Expo in September 2023 should also be good platform to attract any Multi-national companies looking to invest in Oil and Renewables in Mongolia. Massive Upside from early mover advantage.
PetroMatad will look a totally different beast within next 12 months if all goes to plan.
You should have a MASSIVE smile when you look at this low price next year when sitting at multiples.
//Just wondered as existing Matd funds are for Velociraptor and Heron not producing income yet, so...//
There will be another fund raise later this year IMV.
https://twitter.com/smasters2020/status/1649357606341713920?t=FNaEqsns2b2B7iRXrG0g5w&s=19
Dyor and you will realise PM is building up to become a big player with oil and renewable energy.
https://twitter.com/smasters2020/status/1649358908618596355?t=UgBkcrMt4QkdYFsQ6usqPQ&s=19
Lol.
Just wondered as existing Matd funds are for Velociraptor and Heron not producing income yet, so...
Mongolian Investment Guide.
An extremely interesting read.
Well worth the trouble to read completley as it's very indicative of the attitude of the Mongolian Government to inward Foreign investment.
Nothing. the MG are going to give them us for free, by way of compensation for costing us 2 years worth of lost revenue due to their fukking about.
How much will these new blocks cost?
Interesting.
Local activists getting annoyed about the English…
‘Friends who sell should not’ (and sold out to an English company).
Live price gone blue right now, think we will head towards the 6.5 to 7p mark before LP RNS lands then we have the long awaited velociraptor drill RNS to land, so loads to come here and you can see why the desperation from some to keep it low
Add the new licenses which maybe worth quite alot
15p is the minimum here heading upwards after that on various projects coming in
Buy/hold this is an easy one to make money
Page 20 onward
https://anyflip.com/opmlo/snyx/