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Header say ALL - this is Massive move for compan from EXPLORER to PRODUCER ➡️ Revenue Generation & Growth.
Mr Buck is not like si many Aim CEOs - he does not boast or does not do PR (maybe he should) but he just look at GOAL ➡️ REVENUES / GROWTH / SHAREHOLDER VALUE.
We understand how quickly this can move but also sentiment with low attention holder - With Production / Revenue we get BIGGER / LONGER TERM INVESTORS who also look to Dividend (not just Capital Growth which will come).
I accumulate base on my OWN investment strategy - think BB wioo be very different place in couple of weeks as we all look forward to DRILLING SEASON ➡️ OPERATIONAL RNSs ➡️ SHARE PRICE RISE!
Again BUY or not - Petro Matad moving to PRODUCER status!
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LOL!
LOL’ing your own post? Sounds about right.
As said yesterday, we will get an operational update for the AGM. MB has delayed it so let’s hope he has good news for us.
Think you know Who/What I was LOL'ing!
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Lets hope it does not drift much more so frustrating but you know as soon as RNS land market makers will lock out buys and hugely mark us up
Lay off WOS one thing at a time. Let us get this B*****y LP from this dodgy provincial leader and then you cal talk about how fast this SP will rise. No one is buying it any more and dare i say it but very few are buying this share.at the moment.
MB has to make something happen before presentation as he cannot do it at the presentation as it would be price sensitive and therefore after presentation this share will tank. It will happen it is just a question of when and at what cost to PM. those are the unknown ponderables. One he can cover at meeting ie finances the other he can infer to but cannot say anything directly unless RNS comes that morning.
WOS, you posted on your own thread where only you had posted!
Mr Ibiza - What are you talking about??
Petro Matad ALREADY have agreement from Mata Sum Local Authority for Operational start of Block XX! - Plan A
Provincial leader signature for State Special Purpose Certification - Plan B
They DO NOT need Plan B to start Operations - do you understand this?
Post / points at 06:46 STAND!
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Yawnnnn
'PRICE SENSITIVE' not there as he ALREADY say Agreement reach & PREPARATION for 2024 Drilling Season.
Biggest problem is investor like you who do not understand difference between Land Law protected Plan A and Special Certification route Plan B.
Plan A or Plan B do job and we ALREADY have Plan A - Block XX Operational Update RNS fit start of Operations (and possibly DQE deal etc) due WITHIN next few weeks!
Be Wise 🦉
Wos stop telling lies.
Plan A: not done yet. Still needs to be put on paper and we know how long that can take AND that it all can change again.
Then we have land USE and they can start work
Longer term still need land PERMIT....
Can they get it ? Ofcourse..
Will they get it before next raise? I doubt it
But lets see
I don’t know that WOS is actually out telling lies, or just that he is a delusional fool.
He’s posted similar three quarters of the mornings since he joined the bulletin board and started his first (of his now thousands of posts).
Maybe it’s lost in translation?
Maybe it’s that he thinks putting this continuous **** on that it helps the share price?
It’s just ruined the board, and if anything it does the opposite.
Not playing with a full deck I fear.
It’s almost bordering on lunacy!!! The guys over 5,000 posts in in 15months.
Read ORIGINAL header post 06:46 - Plan A AGREED but alsonoint that Mr Buck does not RNS every small detail.
If he say Mata Sum AGREED then he probably will not RNS paperwork signing for something already AGREED (if you do not believe this from way geceirk in last with RNS then no problem).
He say they already PREPARING FOR OPERSTIONS WITH CONTRACTORS but again replied I get tell me investors do not understand & why SP not shooting upwards (Yet) - this is good to know why.
OPERATIONAL RNS UPDATE wiol give us timeline from Contractors for Block XX development start (and maybe DQE JV details etc).
Believe it not no problem - your money!
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Wos are you indeed stupid? Genuine question
MB needs to RNS market sensitive information. By law.
I think an actual signature is price sensitive so the fact we have had no RNS means imho it is not signed which is worrying..
If MB like you think it is not price sensitive then well why should people stay invested here as the news we are waiting for is expected to not influence the SP
You cant have it both ways Wos. Try better SIR and be honest
AGREEMENT is price sensitive and base in many tyoe of contract law (Mongolia not sure) - signature is not if market already told that Agreement for terms already happen.
Acceot or not no problem - I expect you will be holding stock BEFORE next AGM 😏
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Can see from all (angry lol) posts people do not understand and why share price has not reacted yet - IT WILL!
I agree Pro.
The longer this drags on towards the elections, the harder this is to get over the line until after the summer. A signature and authorised permission to start pumping oil and revenue is vital to keep this investment as a potentially fantastic multi bagger.
If this drifts on without that signature within the next week or before the end of this month, I along with many others will start fearing for the worse.
This is all pastry and no filling at the moment!
Plan A Local Sum Agreement reach - election have nothing to do with it as Operations will be already planning with contractors based on Agreement.
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I agree with you WOS about the different routes to progression (plan A and plan B as you call it) i.e. that there are two routes to progress: the first (A( is that the local soum has voted and agreed that work can start on Heron. However MB did himself caution that the governor may try to intervene and scupper this so they would remain vigilant.
So until we get confirmation that route A and/or B (B being the more overarching approval not the limited version) has been signed off, then I don't think we shouldn't get too ahead of ourselves.
Yes WOS, but an agreement with a hand shake or a nod isn't enough to commence pumping oil, is it?
You can only commence operations if the bureaucracy has functioned and the official permit has been signed, sealed and delivered to authorise MATD to start.
Anything stuck in their system is worrying as delays go on for ever in Mongolia.
I am sure it will happen, but delays and change in leadership that could cause longer delays in issuing the required authorisation is a real concern here.
Was it "hand shake or nod"?
From video of visit to Mata Sum Office few week back Mata Sum official showing them sign paperwork which is where all comment of $200k come from - check video 22 March.
Remember comments talk about Land sign away and video header mention Petro Matad directly - "What Will Happen if You Have No Money and No Place‼️ Get Out of My Land PETRO MATAD!!
Like I say BUY or Not but from ALL Intel we can expect Full Operational RNS for Block XX Development! 🦉
They also talk about how they have LOST and how hersr sell out land for furure genetstiin to foreign company for cash - think about it!!
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I understand point Mr Aesychlus but also why I mention always PLAN A local authority protection under Land Law which does override any Dornod governor authority.
Good to be "vigilant" but still all pointing to Operational start for this Drilling Season.
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Mr Ripley - maybe have a look at RNS 1st March to understand RISE you talk about! 😏
Be Wise 🦉