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Buys coming back in now solook good for that tick up but like I say what does it matter when we look at 30,50,100p potential share price
FTSE company mkt cap? Good question
When some new block bigger then Quatar & Mongolia speak about New Saudi Arabia. When development from production revenue and when renewable of Mongolia one of best in planet
When EL already extend into multi billion barrel PROVEN & PRODUCING Tosun Uul Basin
Everything set up very good way & fully funded so can be this big mkt cap but must see how exploration go as well.
Renav 58p and even without Velocirapror 27p & all new block & oil price go up.
Tell us whatever mkt cap potential price from this level BARGAIN. Like article say INEVITABLE price rise through Q2 with all development.
Nothing 100% in life but death but this is BEST in investment market for me
Happy :)
Both mining and parliament has been busy . I don't know if it's like this all year round or is it just the spring time when parliament kicks off after the holiday .
Nonstop activities in the parliament and Mining ministry
Today's close?
Relevant?
But I'd get 'in before Friday FOMO.
Next week could be interesting.
You can get a quote to sell 700k in one go but buying max 7k for 5.40!
Demand is too high. I am not selling, not yet. Too early to sell.
Keep your golden shares guys.
Negotiated to buy a small top up on halifax but can sell which I'm not. Tick up coming maybe gla holders regards jack
Andre01: I honestly hope you do a better job than I have. I am with PM since 2010 so I hope it doesn't take another 5 years for PM to make us PIs happy!
"135k shares. Looking at it 5 years out, could be $4-8bn mcap conservatively, which is a 60-120 bagger."
So a FTSE 100 company then? Hmm.
No way 6p today. Typo
The market closes at 4.30pm
That's the way to do it Andre..........
135k shares. Looking at it 5 years out, could be $4-8bn mcap conservatively, which is a 60-120 bagger.
Disagree, expecting a trickle to end the day. Maybe around 5.1 5.2 . But i am in for the long term so not worried. But no way 6pm today
Breakout above 6p then next targets:
7.49
9.47
If LP lands tomorrow then quick re-rate to 15p or higher with some profit taking and then Velociraptor-1 crowd jumps in pushing to 25-30p
IMHO.
Buys keep coming. I reckon after 2pm we will have another spike.
Demand is massively high.
See if we can break 6p today.
Bigbench. Agree 100%.
Heron NPV10 would jump to circa $500m from $300m.
I think Daquing crude is benchmarked to Brent minus 5-8% discount, still NPV10 is highly lucrative coz these are shallow oil wells unlike the very expensive deep offshore drills.
Heron oil flowed naturally to surface. Beauty.
//He has moved on from trying to scare people about the LP not coming//
That's a LIE (and you are FILTERED)
This won't go up in a straight line. Mms have great opportunity to make silly money here.
Take out 10% gang
The extremely low cost to extract Mongolian oil not only helps ensure maximum profits it also means that if and when World oil demand tails off they will be the last fields on Planet Earth to stop pumping.
Superb profits, then good profits for decades to come.
Mr P the Saudi led OPEC gang want Oil @ 90-100 bucks or more if they can... imagine what $30 on every barrel would do for estimates!
WOS. Nice summary you posted earlier.
Price here would jump to 15-20p in Double quick time with Lp in hand for Heron-1.
Analyst estimates based on $70 oil price are:
Heron................ 26.7p
Velociraptor-1......32p
People know how fast this moves.
Out of the 1.1b shares, big chunk is owned by Petrovis Group and also Directors.
Big trades... Buck's tea lady topping up! ;-)
Isn't it significant that even Bad is talking about production. He has moved on from trying to scare people about the LP not coming. Even he seems to think it's a done deal and a new negative agenda has to be followed.
4x700k buy today. I expect 100 x 700k soon.
Amazing opportunity.
master82 - and even then if Velociraptor is dry, Mike has engough money to do another drill this season with even more accurate data and dramatically improved % CoS, given we're sure there's a working system ther in Block V
Dry we no cry. Wet is my bet :)
Happy I hold MATD :)