The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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WOS's 'long term influence' for me is that I'm still fully invested in Petro Matad in anticipation of this finally being Petro Matad's year.
Without him who knows?
The posts of his that matter help to clarify the local rules and regulations.
What the local, regional and national power balance is.
Who has the legal jurisdiction to decide what or to overrule who?
What the locals are saying and doing with reference to Petro Matad etc.
Your posts? I'm not so sure. But carry on by all means, it's your right and obviously gives you some pleasure.
Well if he has he's taken us all as complete fools.
What next??
He BUY back in! 😏
🦉
Thor: i understand sombody like wos is nice to listen to to keep hopes up.
Agree nothing hé or i or anyone says here has a longterm influence on price
I will have to go. And this can turn positive or not lets see
Post 11:13 tell us who DQE are and why such a powerful partner to have.
Post 10:52 give us STRUCTURE of DQE JV deal & PROGRESS - Negotiations Finalised at 25th Feb 2022.
Post 10:59 make important point of DQE approach to Petro Matad (not other way around).
Post at 10:52 also tell us about MRPAM meeting to fully back Petro Matad for 2024 Drilling Production. This will include approval of DQE deal.
Point of posts is to show how DQE News fit in with Operations & Multiple Newsflow we can expect. Make more clear for ones who really are focus on INVESTMENT - We understand this does not include mr Professional who is more interested in posters IP addresses!
Back to serious exchange of Information /discussion between real investors.
🦉
This is all about real World events Prof.
What's happening on the ground appears to be all going our way (thanks again WOS and others).
That's what a Bulletin Board is for. Sharing information and trying to get in ahead of the crowd.
The number of trades today? I don't care, why would you?
One day this'll happen or it won't and it won't have anything to do with what you've posted Prof but if it does I'll be thanking WOS again for suggesting all the reasons to be invested now when over all the years that's generally been the wrong thing to do.
p.s. It's still 'too'.
Golden tickets. Flying soon. Nobody interested. This IS YOUR opportunity to buy. Come on guys...6 trades? Really
Thanks Cyber. Means a lot coming from you.
How is your investment doing? Time to buy some more or do you now expect no upside anymore? First 10 then 7 now 3?
Cheers mate i hope you have a lovely day.
I think people are more sick and tired of professional and doc83 posting carp, wos atleast posts research and pints and positive towards holding this investment
But these two are the most irritating posters I've seen on lse BB,
Ok daddy.... i will reflect on me to.
Nope hé started it and is Wo(r)S(e)
Professional, you often (constantly) moan about WOS's repetitive posts.
Count yours! Time for a little reflection and self awareness?
And it's 'too'.
So i see WoS negotiations between PM and PC and PM obviously in much better position.
You once again are just to smart for me.
I will stick to sell on spike and buy on lows. Fundamentals to difficult for simple trader
Mr Researchandhold - Thank you Sep 2023 not Sep 2024 lol 👍
DQE International is subsidiary company of CNPC Daqing Petroleum. CNPC is China State owned parent company of Petro China.
Pieces fitting together if people want to focus on INVESTMENT! 🦉
WOS - correction - it was the RNS 28th September 2023 -Interim Results & Operational Update:-
"In parallel, the Company finalised negotiations with DQE Drilling on a long-term drilling contract which will be submitted to industry regulator the Mineral Resources and Petroleum Authority of Mongolia (MRPAM) for discussion and approval. Commercial negotiations advanced with PetroChina for the use of its production infrastructure on neighbouring Block XIX."
All ready top Rock & Roll!!
Good to know for negotiations: DQE are the only viable partner they can use.
Wos important to understand: buy shares if you want this to be up SIR
Remember & important to understand Negotiation positions -
DQE DID APPROACH PETRO MATAD FOR PARTNERSHIP! - not other way around!
I explain in posts 06:01 AND 06:25 today why Local (District) Mata Sum agreement from 1st March 2024 cannot be overule and base on Land Law - Production Operations going ahead for 2024.
Now we look at other DQE International Newsflow which will be part of Multiple RNSs or within next Major RNS
"DQE International's suggested cooperation includes the possibility of Payment from Production Revenue, Partial Payment in Oil, and some Risk Sharing" (Exploration) - RNS 25th Feb 2022
* They also talk about Export services as part of DQE Petro China relationship.
"The Company FINALISED negotiations with DQE Drilling on a long-term drilling contract which will be submitted to MRPAM for discussion and approval" - 28th Sept 2024
*I posted yesterday about meeting with MRPAM to make sure EVERYTHING covered for Block XX Production for 2024 - DQE Drilling is part of Production plan.
Think ALL can see what developing / about to happen here - focus on Investment 🦉
Huge demand. Try and sell large amount. It’ll get taken in one go.
The activists are live discussing PM and PC
That’s a good sign
Thornogson -as Pro has just mentioned, what I am saying is that the algo buying on an intraday basis when there is ' news ' needs to be replaced by investor buying by people who are interested in the long-term fundamentals.
If you look back as far as a chart will go, you will see a series of spikes driven by a news release. That's because to date the spike buying has been mainly driven by intraday trading. Intra-day trading also involves shorting.
Plus when volume levels are very low it allows the MMs to play around with the price more, including creating big spreads.
Hopefully if the green light is given then a different type of buyer will be alerted to what is happening here. However, given that relatively few shares are in circulation still, the price action IMO will remain volatile - as imbalances between supply and demand can happen very quickly if there are relatively few shares to be bought or sold. On Nasdaq, stocks with a small float can be incredibly volatile - that's why many day traders specifically target them to day trade.
Investor33 so basically you say we need buyers that actually believe in the longterm fundamentals of Matad?
So like Wos buying shares? Would that help?
Who are we kidding. This is a big gamble and trade. Lets drop the act and embrace we all want to sell/short at the next spike.
Will be here within days according to Wos. More money making
I'm not very up on 'Algos' and 'bots' but I have been following Oil stocks (amongst others) for 20 plus years.
Desire, Rockhopper (interesting again!), HUR, XEL, BLOE, UKOG (what a ride!), UJO, PREM and many more.
When the RNS says there's oil and it's coming out of the ground faster than we can put it in barrels then Aim oil investors are around it like a bees around honey and the share price reacts accordingly, it'll be like HE1 was a few weeks back.
Then it settles in a new higher range waiting for further news.
It'll happen and when it does it'll be quite a day or two.
Some of the comments on here make me imagine a guy standing exasperated by the side of his car wondering why it isn't going very far. He has no idea that the fuel tank is empty...
The thing which drives a share price is VOLUME. If there ain't any volume, then the share price is going nowhere. Volume is activity ie how many shares are changing hands, whether it be mainly selling or buying, or a fairly even balance of both. On Friday when the RNS came out the volume was 18.5m.On Monday it was 3.5m and yesterday it was 2.25m.
Why is that ? Well, when the RNS came out on Friday, the algo driven computers in the trading desks all kicked in. They are programmed to pick up and even analyse ' news. ' That's where most of the volume came from. And when they profits had been made then they closed their positions - so the selling also partly accounts for the very high volume on Friday. There was an abnormally high amount of both buying and selling last Friday.
For the MATD share price to be more than just a series of very short lived spikes induced by news, it needs a different type of buyer to come in to drive the volume, rather than just computer driven intraday trading which merely aims to make a big % gain in a few minutes and then closes the position.
Aeschylus - Lagueule’s argument might be that Heron is still not good to go, at least not until the paperwork is prepared and signed.
Good find Notpleb, although that particular find relates to The Governor of Gurvanzagal Sum in Dornod Province and not Matad Sum, thankfully!
In amongst the usual 'look at me' opinion posts are one or two that contain all the information that investors need to judge the situation for themselves.
Read those, make your mind up, place your bets and await events.