The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Possibly a waste of sour grapes also BP.
Tell us something we didn't know - total waste of paper & ink.
LP clrufu action for people who do not or deliberately understand
DOCUMENT NOW BEING PREPARED FOR SPECIAL CERTIFICATION FOR DIRECT SUBMISSION TO CABINET :)
This OVERIDE all other claim or objection and give Petro Matad LP
Happy : )
Great news! A special mention should go to master who kept us informed in worrying times. The big part I took out of this was that it was the ministry of mining and not PM who were submitting this for approval. At long last a rubber stamp os being dusted off in Mongolia. I expected Velociraptor to be late as Tallon energy had the Major drilling rigs but this could work out well for the share price as we hopefully go into tje spud with insurance. Investors should have more confidence in that scenario. Good luck all. Chocks away!
Let's see how the market reacts and if it is negative Owl needs to shut up for a while.
Ganbaatar the Mining Minister is in a meeting with parliament/cabinet on Wednesday discussing the revitalising of the mining/oil industry. It is on the parliaments agenda for this week, so whether it will be discussed then
HAHA you see people who doubt RNS all this time now try to talk down RNS lol
You do this but all know you will be first one on BUY button at 8am lol
Now we have ACTION hapoen for MÀTD shareholder & always say Q2 HEAVY HEAVY News period
VERY HAPPY TO HOLD MATD SHARES this time :)
An OK RNS that you would hope push the SP higher, but as Cashrules says, not the one we hoped for. The wait for LP goes on…
Does anyone know how long it takes cabinet to approve such special requests that are of “national importance”?
Another RNS saying hehaw between the lines. Time to move on.
At least the market knows what's going on .
As long as Heron is producing this year and maybe Heron 2 this will be a good year.
Let’s face it. Not the RNS we had hoped for when we saw that little red dot this morning. The wait for the LP continues. Really hope we secure it a good few weeks before the Velociraptor drill spuds.
V1 June spud it is. Very exciting times ahead. GLA
BOOOOOOOM!!!
I tell all we will get RNS Update any day now.
Also say LP will not go through court prices but be SPECIAL CERTUFICATION. Now Minng Ministry prepare dociment & special certification give by Cabinet
Velocirapror spud announce & LOTS of investor will start to take position for this now
VERY HAPPY & BOOOOM :)
Mike Buck, CEO of Petro Matad, said:
"As shareholders will know, we have wanted to drill Velociraptor for some time now and so we are very excited to have agreed a firm schedule with the drilling contractor. The necessary preparatory work is already underway and all equipment for the well is in country ensuring we are ready to spud in June.
We continue to push the Mongolian Government for the certification of Block XX Exploitation Area as Special Purpose Land and are pleased that the Ministry of Mining and Heavy Industry is proposing the certification on the grounds of this being a project of national importance."
Q2 HEAVY NEWS PERIOD NOW
Good research Mr Master & other helpful people on this BB. Like you say oil price up and projection over $100 with price now near $85 and RENAV 58p at $70bbl.
LOTS of NEWS in Q2
LP, Velocirapror spud, operational updates for this, DQE partnership & any Renewable contract
Q2 LOTS of news but do not try to mislead mr Bad Prophet no one did say RNS come Monday morning but coming days.
Breakout coming now :)
Be happy :)
Mongolian Prime Minister L. Oyun-Erdene has a tradition of holding morning meetings every Monday. In accordance with this, under the theme "Overcoming the challenges of 2023", we are holding a regular morning meeting today with representatives of the government and private sector and business owners operating in the mining sector.
Optimizing basic policies in the mining and mineral sector such as intensifying the port and industrialization projects of the "New Revival Policy" implemented by the government, expanding the economy, shifting from mining to processing, and developing industrialization, including the role of the state and private sector, The main purpose of today's meeting is to make practical suggestions and solutions about what participation will be like.
#Let's_win_ourselves_every_morning_every_day
I am very excited about Velociraptor-1 coming up with 200 MMBO recoverable.
Block V is highly prospective and has had several Oil shows in the past. We did not hit the sweet spot with Snow Leapord but it had Oil shows suggesting oil had migrated through the trap to the raptors. Block V potentially sitting on that 2nd petroleum system that exists in Mongolia.
With 4 raptor prospects all with 200 MMBO each, prize in Block V is too big to miss out starting with Velociraptor-1.
Oil back above $85. Opec cutting output. This will drive above $100 soon.
Land permit relates to the Exploitation area which is the Heron discovery. Heron-1/ 2 / 3 /4......etc.
Its coming soon without any doubt whatsoever.
3 meetings already. Seem to be in a hurry now.
Doc83, the evidence is there, it's al open to the public on the meetings and mrpam and teams going to site for land allocation, you don't send so many people out for this exercise for no reason, the LP has been agreed 100% so land is being measured/allocated to PM and the herders, we are just waiting now on admin it's that simple, now if the are slow as a slug then some time in April or it will be in the space if the next two weeks,
Master82 has done some seriously good digging and effort into translating some of this info which should have been done by our CEO/matad,
This is 100% now, if they didn't go site I would have not been this confident, what you need to know is that locals are ok with us but now have been pushed by central government to get this done as they want to sell these other licenses, also the British ambassador has been on the case which doesn't make them look good for business,
I always had a feeling it would be about this time, if you listen to bucks interviews it's sounded like everything is prepared for about Q2 but Mike buck was sneaky and didn't tell us this led us to believe it could be anytime so the share price didn't take a dive, and well he raised once it was high enough
This is business unfortunately
“the LP will come either this coming week or next, all is done”
“LP 100% in April”
iamrich - love the confidence, really I do, even if I think you are being over confident. No sarcasm at all intended and want you to be right... it’ll make me a moderately rich man if you are.
Jimi, buck told us in his interview the Canadian sompany has a brand new rig that wil be avaible too,so two rigs let's see what news lands, I have a feeling buck is holding this info untill LP is given then put a proper rocket out
LP will be granted in the next few weeks or this April for sure
Velociraptor drill will also be transformational
Dqe deal
More new licenses this Q2
Research and read master82's post on why this may start to happen in the next few weeks, read all RNS below all CEO videos,
Next week maybe last chance to get these at 4p ish would think this should climb again to 5p awaiting LP news, it's too close now
They won't sell any oil this year.