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Once the permissions are received Alibi it should be relatively straight forward and easy to monetise the asset.
No worrying about basement fractures and monthly flow rates and water cuts with the Heron Field!
Just good honest light sweet crude flowing under it's own pressure to the surface for no better reason that it'd rather be on the there than underground.
The simple solutions are often the best solutions.
Got some cash through from my Hurricane Energy DCUs from their takeover, nicely timed to allow me to up my holding here by 50% at 2.68p. Bring on that elusive RNS, PM...
You don't think that the constant threat of fuel supply issues during the long very cold Mongolian Winters might focus Politician's minds on possible fuel supply solutions that might be available to them locally?
Perhaps even solutions achievable by the simple act of speaking to a few people or getting a few bits of paper signed?
To ensure adequate fuel supplies are available at the earliest opportunity for the benefit of Mongolia and it's residents?
Fair enough then, you don't see it.
Probably don't think it'll happen then and shouldn't invest in Petro Matad.
I can see this happening quite soon if the fuel supply issue is a significant one. Hence my investment.
Each to their own I guess.
Researchandhold said //BP is like a stain on humanity/
I don't get your point Thorno - MG's current fuel supply problems have no bearing on what PM may or may not achieve in the future.
Quibble, quibble, quibble.
Snipe away from the sidelines but the reality on Ulaanbaatar's Evening News will be shots of petrol stations with cars queuing and panic buying petrol?
When NHS waiting lists are the top news item here the Government response is usually to point out how many extra training places they've funded for future years (it was dentists most recently).
This will be the same. Regardless of timescales it'll force their hand. People will want to know what they're doing to ensure that the petrol continues to flow and allow the country to operate.
Researchandhold said //BP is like a stain on humanity/
//If you have oil you can transport it to Refineries and take it back as fuel.//
That's what they do now.
They won't get world prices - they will have to pay to get the oil produced (by DQE) & delivered (by Petrochina) to a single buyer. And then pay off the MG.
If you have oil you can transport it to Refineries and take it back as fuel.
Or simply sell it as Crude at prevailing World prices and use the monies to buy what you need, fuel, food or materials.
The timescales they'll be looking at are the several weeks or remaining fuel stocks currently in Mongolia.
That's how long they've got to show that they have a plan to deal with it: short, medium and long term.
Researchandhold said //BP is like a stain on humanity/
//Tis the time to be jolly soon...//
Yes - I've got my Xmas gruel on order!
Badpro re shopping list 😝
Tis the time to be jolly soon...
Researchandhold said //BP is like a stain on humanity//
//Running out of fuel when they've so much waiting under the ground to be retrieved?
It won't take a Mastermind to work out the most likely best solution to that conundrum.//
The fuel underground is not fuel that they can currently use. I think you need to look at timescales.
Boards benefit from those who are bullish and those who are more bearish.
The full steam ahead Megabullish bulletin board intolerant of any criticism is a very dangerous place to be.
If anything the contrast of views against theirs often serves to highlight the good points even more?
And of course ultimately if Petro Matad is to succeed it'll happen as a result of what's happening there rather than here.
Let's hope it happens soon.
Running out of fuel when they've so much waiting under the ground to be retrieved?
It won't take a Mastermind to work out the most likely best solution to that conundrum.
Researchandhold said //BP is like a stain on humanity//
// I have my investment very long term holder and happy to wait till it comes good .//
I hope you have a long life ahead of you.
A I'm not your buddy
B i don't feel the need to sit watching this BB all day five days a week replying to other peoples posts.
C i have my investment very long term holder and happy to wait till it comes good .
Researchandhold said //BP is like a stain on humanity//
//WOS - going shopping?//
Shopping list:
1. Sackcloth.
2. Ashes.
WOS - going shopping? 🙂
Researchandhold said //BP is like a stain on humanity//
Mill1 //Now just need childish Bp to go .//
I'll outlast you buddy - 2 posts WTF?
One more idiot gone
Now just need childish Bp to go .
And concentrate on good intel and investment .
Researchandhold said //BP is like a stain on humanity//
//For all his faults BP WOS is usually impeccably polite, Sir!//
His implied insults & endorsements of other's slanderare far from polite!
For all his faults BP WOS is usually impeccably polite, Sir!
Goodbye 🦉
Researchandhold said //BP is like a stain on humanity//
//It's a poor show the 'investor' who wails at others and calls them names//
Are you talking about WOS?
It's a poor show the 'investor' who wails at others and calls them names rather than recognising where the fault lies when he choose the wrong stock to invest in.
Dignity at all times Sir and stiff upper lip.
Landicam: Even if you need to vent your frustration - don't call names.
If your other investments are more successful then be happy with them and consider yourself lucky. No need to brag.
So you lie when you say I am FILTER!
What else you lie about mrLandicamaans?
Be happy 🦉
Mr BP
Daily price move does not matter to ME. But if I can give info to other to make more aware of what I think happen then I give constructive intel to share with BB.
Try this & be happy 🦉