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Doc before the EL there was a spike and then before the previous fund raises there were sell offs. I don’t know each event off the top of the head but if you are interested you’ll be able to have a look at the RNSs and SP.
I not being one of them, but I have found people on this board have quite accurately predicted timescales and updates for better or for worse.
We also know Mike likes to get his mates in at lower rates so a leak would not be unreasonable
Excellent post again mr D1nger and show why MATD really is potential to be life changer stock BUT reason I pick MATD is all this potential have best safety for me to invest.
1) FULLY FUNDED
2) ALREADY HAVE OIL ASSET which LP unlock revenue
3) FAST GROWTH PLAN using production revenue not dilution
4) DQE PARTNERSHIP to fast track growth/revenue
5) EL extend into multi billion proven & in place oil Toson Uul Basin
6) Mining Minister, CEO & British Ambassador confirm LP coming VERY soon & mr Master info back this up
7) Renewable JV set up and Mongolia has one of largest potential in world for this with energy export to China also
8) New oil block some bigger then Quatar which MATD apply & arrange with Mongol Govt. Intel say Mongolia could be new Saudi Arabia
9) LOTS & LOTS & LOTS of NEWS in Q2
Before price broke out very hard from 3p to 35p in few week. This time MUCH more expect to happen with MATD.
In or out is up to you but holder of MÀTD are happy to look forward to all multiple RNSs coming as CEO build up company into major player :)
Petro Matad plans Mongolian oil in 2022
Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
AIM-listed independent Petro Matad expects to produce first oil from its Heron-1 well in Mongolia in mid-2022, the firm’s CEO Mike Buck says. The Heron field’s initial output is forecast to be just c.500bl/d. But production is expected to rise to around 6,000bl/d by 2024—roughly when a government refinery is expected to enter service—and to later peak at potentially 9,000bl/d.
I'd be happy with a 10p dividend if they do intend to pay any - I've amassed over 1m shares in here! By my reckoning, that'd be £100k+. If it was an annual thing, well........ (excuse the pun)
Happy retirement here I come.
Mr Positive posted an excerpt earlier today that Matd believes should Velociraptor be successful they will be able to produce 90k barrels per day by 2028 with a CAPEX of $5 per barrel. That is absolutely insane. $5 per barrel? Wow!
I’ve always loved fantasising about what could be and this had me wondering all day about what this means to those of us willing to see things through.
If, and it’s a big IF, that happens then Matd would make $1.8 billion a year profit before tax at $60 per barrel. If Matd awarded 10% to shareholders as dividends then that would be equivalent to 18p per share.
Then I imagine what if the price of oil was $100 per barrel? Well it would be $3.1 billion per year profit or 31p per share dividend.
That is just Velociraptor if successful. Fox would provide the same again if successful. So would Phoenix.
Heron is just under one third the size of Velociraptor but it also has the potential to provide dividend generating profits and that is the significance of the granting of the LP.
So if Velociraptor, Fox and Phoenix are all successful and each of them produce 90k barrels of oil per day then this company can realise a profit of over $5.4 billion a year before tax.
We currently have an mcap that reached $50m today. In 4 or 5 years time our annual profit could be 100 times our current mcap.
Then we have our renewable energy project to think about and the other targets.
It’s scary but it’s worth thinking about if you are considering selling below 10p per share.
Might not sleep tonight lol.
Up 29.29% on US market at close.
For all new guys go on my Twitter account and all information is there with photos and documents to give you a good idea of what's going on. Even MB hasn't been this active in giving information to his loyal share holders.
175 posts.
20% up on the day.
People are catching on Doc?
Doc you've been questioning since 3p. By now you should realise if PM is for you or not.
You invest what you want. I am here just to inform people here and not to tell you what to invest .
The amount I have posted here should give you very clear picture of the situation of where PM is.
Invest what you can afford.
Master82 big thanks to you mate for keeping us informed and please do continue,
Anyone new here look at RNS's CEO interview and master82's posts from past two weeks and you will understand and be very clear on what's happening and is about to happen
If you want 5 new cars and houses then yes Doc.
Why wouldn't you?
I dont know why it added ?? My apologies
Thats exactly what I'm wondering Doc ??, any way thanks for all the information
Master82 - so what you’re saying is that I should sell the car and remortgage the house, and put it all into MATD?
The guy in the photo is the minister incharge.
If you add everything that's been going on. You will realise how close we close we are to L.P.
https://twitter.com/smasters2020/status/1645890410923827200?t=xrcjWkoYZJYdd00RdlPIKw&s=19
Sash - you’ve obviously been here longer than me. What has leaked in the past?
I follow the board most days and I would say they’re is lots of talk of the LP but it has not been talked about with the same sentiment as today. More vaguely since January thats it’s coming soon. Since MB mentioned that it was on its way he made out that it was pretty much sorted although we didn’t have it in hand.
I still have my reservations. They’ve been messing us around for a long time. But as I said earlier matad is notoriously leaky.
Have a read at masters82’s posts.
What he has uncovered does suggest the LP is going to happen… but nobody can know when for sure
Hychro - lol! LP has been coming on this board every day for about 4 months, no exaggeration.
It was a good move today, no question. But we’ve seen stocks, including MATD, rise before on rumour or anticipation and then fall back. The hard fact is that we still do not have the LP. If it does eventually come, hold on tight and expect the SP to go double digits
The mpram minister who is incharge posted that 2 projects will be given preference and today he was at the parliament meeting. So it looks like PM must have been discussed hence the rise today.
Remember they don't post on Facebook straight away. Someone must know more than us and it's shot up today.
Hi guys, new to this chat forum however today I've seen a lot of people saying LP will be soon. Does this commonly happen everyday on this chat or is there a genuine change in mood recently about it being released soon. Cheers
Perfect time for Heron-1 to come online into a rising Brent crude price.
We get circa 5% discount to Brent crude (if i remember correctly from company presentation).
We still need to follow up on Gazelle- 1 discovery.
Heron-1 flowed at 800 bopd. Petrochina first well from Block 19 flowed at 500 bopd. They currently producing c 17000 bopd vs 25000 at peak with estimated 2.25 billion barrels from their Blocks 19 and 21 less all oil they have extracted to date.
I amrich I'll have a look tomorrow. But I'm certain that something regarding PM must have been discussed. Because the posts on Facebook are not always live.
Let's see if PM has the L.P. tomorrow morning.
I'll post once I get some info regarding the parliament session. Parliament is on all week.