The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Mike Buck, CEO of Petro Matad, said:
"We are pushing to secure approval from Matad Soum for the land access required to execute our 2024 work programme and we are gearing up for operations during the summer. The negative reactions to the committee's decision and misinformation spread by activists were not unexpected and underline why the central government certification process is so important for the long term and is our preferred solution.
However, with 2024 parliamentary elections looming and central government moving slowly, we are pursuing the local solution as a priority. We are also pushing the central government hard to resolve its internal issues which have created the frustrating obstruction of the state special purpose certification process for Block XX. We will buy ourselves a long-delayed operating window with the local approval for 2024 if we can get it, but we do not want to go through such a process every year.
Separately, the progress made by our renewable energy joint venture is very pleasing and to see it so quickly in partnership with Japan's OECC and involved with the decarbonisation of the globally significant Oyu Tolgoi mine is testament to the credibility, professionalism and motivation of the team."
WOS - pull the other one. Every time someone posts anything remotely negative, or even balanced, you come back at them with a subtle but personal jibe.
And the AGM is Tuesday. So we should now get an operational update within the next 3 working days… Friday, Monday or Tuesday?
And very Nicetomichu too... I give it 2 hours before that post of mine disappears. God only knows what for... WOS seems to be confused between personal insults and pleading with him to pipe down. If I did insult him personally everyone would know about it. I haven't done that, believe me, there is a difference. He, she, they, whatever must be one of these millennial types. Crying everytime someone farts incorrectly
Header say ALL - Buy or not!
We can also see what happen on BB - not difficult - we get dip in SP and usual suspect rush to post - what do they post? - just look back & see almost ALL is personal INSULT posts.
I think this tells you a lot about this posters without need for me to say more!
As I say before (with reasons) I expect PHYSICAL AGREEMENT sign before Mata Sum get 132 Tonne 'gift aid' from Petro Matad on 21st March 2024 - and after AGREEMENT at meeting late Feb!
As poster say yesterday he will stop posting today if I do not post - I think this means he ready now to BUY after all sillly talk on BB to convince other not to.
Buy or not - make OWN choice - Petro Matad moving to transformational development stage of Production / Revenue in coming weeks.
Be Wise & focus on Investment - not BB games by small time players! 🦉
Cj1986 is my man of the day here.. Top post imho
This game is obscene.. but I'll only stop playing when I stop smiling.. and that post made me smile, so thank you Sir
This article is a US one - however the principles are the same regarding pump and dump penny stocks ; https://finance.yahoo.com/news/10-pump-dump-stocks-hedge-144707244.html
As the article mentions ;
"It's important to clarify that calling these companies "pump and dump stocks" does not mean these firms don't have any solid fundamentals or long-term growth catalysts. We call them pump and dump purely due to their volatility and high risk."
Zzzzzzzzzz this is dull... another day of drip drip drip for the SP. Wos talking to himself (loves reading his own messages clearly). My posts being removed (pointing out the crooks on here gets your posts taken down) and another day closer to a cash raise, share dilution and us PIs being shafted yet again BUT DON'T WORRY BECAUSE.......:
"RNS re rate coming any day, any time, be wise with investment. No worry, no problem, just be happy, RNS to land any time when hands of clock point both up and down but neither left nor right, but not in morning, only after midnight, on eleventh day of 12th month before 45th day after I last tell you and remind you of great investment. Be wise... (insert silly Yak....)
Just out of interest, the last decent rise of any consequence was back in May last year, when it briefly spiked at just over 7p. So almost a year now.
For now this is a classic trader's pump and dump share, and frankly until meaningful activity is announced for Heron 1 it will probably stay that way. Traders love volatility more than anything. Some on here though still talk about it as though it is a blue chip share, driven mainly by fundamentals - hence the puzzlement about the drop today. Next support is 3.2p. which it has touched a couple of times in the last 6 months.
“Looks like nobody really knows the cause.”
More sellers than buyers?
I think the not so experienced traders here have jumped ship due to the deramping heard, who was it the other day said the there is no such things as derampers turning up at certain times lol
Board over taken by derampers and liars for a cheap entry, this may swing back up tmrw as some realise the cheap entry here as nothing has changed but in fact closer to news then we were last week/month
Good post Ajay.
Thanks
Disappointing to say the least. Looks like nobody really knows the cause.
Clearly there is no identifiable trigger for this downfall; in particular, the investment case has not changed.
So: I for one am still holding on and will not be distracted by these type of movements.
ATB
Topping up right now is risky - those who bought in when it went +30% for no reason, just fomo is sadly left bag holding.
I do still believe that nothing will have until after the general election
''Prayin' '' a Johnny Logan song that might be apt for plenty here?
Or
This board could do with - more of - another of his Songs:
''Peace, Love and Understanding''
And I'd especially request more of this be given to the one and only, Mr WOS. A man with fine content on things Matd.l imho
Johnny Logan may have said this but a year is a long time for some punters here who have waited patiently for some reward for their hard earned money. I don't blame them.
GLA
Doc calm down .
Following on other boards is not on .
My point is most of things said on this board is not about the share its self it about individuals.
Including this post of mine .
Hopefully soon we can all discuss the company rather repeat an compete against eachother
Good posts from WOS and MASTER.
Thanks guys,
It looks like 2024 is not going to be our year. As Johnny Logan said "What's another year"
I'm starting to feel the same . There can't be much left in the pot and MG and DQE cannot be relied upon in the short term to keep the lights on. Will continue to hold in the hope that all this nonsense can be resolved relatively quickly .
Feels like another placing coming. My guess around the 2.5p mark again. Pis getting shafted once more. Hope I am wrong!
Clearly shows the governor is not in control.
Remember the district (locals)stopped the drilling in 2019 not the governor. The drill was allowed to complete .
ΑΠΕΗΤΛΑΣ ΑΠΕΗΤΛΑΣ CHIEF OF THE DEPARTMENT OF MINERAL MINERALS AND PETROLEUM L. BAYARMANDAL TAHAA OF THE GOVERNMENT OF MONGOLIA
DARDA, THE FEAR OF THE EAST
About voting
In response to the letter of G. Adilbish, the head of the NGO "Nutgav Varah Choibalsan's Magdal", the archive and confidential records of the Ministry of the Government of Mongolia, letter No. X/10 dated January 05, 2024 No. X/10 Oil Mountain - 10. There was no government resolution or meeting minutes regarding the transfer of the rights and obligations of the PSA production from the Tamsag-21 field to the Chinese "Dachin Oil Field Limited" company in 2005 from the US company SOCO International. If not, let me know."
Clause 7.1.8 of Article 7 of the Petroleum Law, "Granting authority to establish and terminate a production division, and to resolve the issue of transfer of rights and obligations by production division" has legalized the government's authority.
Therefore, the Archives, Secrets, and Official Accounts of the Government Accountability Office
As mentioned in the official letter above, the rights and duties of the Crushing Division are transferred and the company is working with the company before the Government's decree has been issued. 18. We ask you to cancel the contract with Petrochina Dachin Tamsag Ltd., which is conducting land auctions and speculations in Tamsag-21 area, stop the activities and submit the documents within 30 days.
GOVERNOR
MBA
Dornit Levitiya Local Administrations Oil Refinery Refinery Oil Refinery Volokoy Crude Adcor Stable Max
Glech is in Matad of our province. Hari Allahil sum mutim dzinskito pretsiya The president of the executive management company of Petrochina Dagoni Takaya LLC, who is crying in the Tlika 21 area of the land, has caused serious damage to the porin havil by violating the kurami, standard, exit captsl of Mongolia vvos, by guessing the fields and its surroundings. boring work wat
The cadmium, which is prone to prochirus infection, has exported more than 500.0 tons in 2020, as of October: 600.0 500.0 00.0 thousand ha.
The citizen of Mongolia, who is registered as a citizen of Mongolia, has the legal rights of Jung Hang Var, Mongolia, but Petrochina Dachin Tulsa LLC - Jang Hang Vo in Matad of Dorno Province. The following actions and activities were deliberately repeated during the excavation of the land zone in Halyava Sumad.
1. In accordance with Article 20.11 of Article 28 of the Water Law, without the approval of an official of an authorized organization, the water supply system and water supply for the purpose of obtaining a natural resource management contract, which is an oil production contract. 28. In 2021, 1262570 m3 of 1262570 m3 of Tamsag area, 17407 of water were applied without disturbing the 18 items, respectively, according to the official order No. 54 of October 14, 2021, of the Buir Lake Manang District Administration.
Thanks searcher
Very informative ;)