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I have absolutely no doubt that the oil will be extracted one day, but it won't be PM, it will be one or both of Mongolias "Red Neighbours "
Cra--p what do we expect its aim place your bets but not the house.
I like your style Thornogson !
Life and Investment is all down to how you look at it !😁
Mb, what an unworthy futile liar clown you are. The grand "winter hiatus" plan of you and your drug addict board members hes been destroyed by a single day job of two mentally ill so called activists. What a joke. Perhaps MB is a part time employee of the idiot governer. He obviously not working for the shareholders benefit.
Question AGM, when MB resigns?
Question AGM, staff reduction while waiting?
( 5 years they have been paid but haven't managed to secure LP)
Share price swinging back up live price 3p, expecting alot of new buyers taking advantage of this situation and the wait for them may not be so long to profit here,
Opportunity made today for those that see it, this may now close above 3.2p and float here untill AGM and see what confidence that brings,
Researchandhold said //BP is like a stain on humanity//
It seems like the governor's signature to the LP IS the be all and end all for starting production at Heron despite WOS's assurances to the contrary (plan A/plan B - BS).
Apologies - I think the recent rampers should be eating humble pie and apologise to the realists who have been saying (for at least a year) that Mongolia presents far more hurdles to PM's success than just signing a few bits of paper.
Just STOP with your 10p/30p/multibag forecasts you dummies!
Cybertron "Would be good to ask what the land use agreement status is currently where we are at and what's the expectation time frame this wil be now done"
In the words of WoS "Soon"
For those that are interested I've found a tiny (£30m Market Cap) early stage Renewable Resource outfit that appears to be making early headway and first mover advantage in what might be the larges single Renewable Energy Potential county in the World!
Bit of a long shot but high risk, high reward! Tiny Market Cap for this potential?
Oh and I believe there's a possibility of them producing oil one day too, perhaps even this year!
Long and short of it 🤔= No Signature🤔 = Waiting = 🤔SP Drift = 🤔⏳
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
I posted on Tuesday that Petro Matad will have no movement in 2024. There is no business sense to this situation. The whole future relies on the signature of one governor. WOW
So to be clear. Plan B (special purpose certification) is being stymied by the governor
Plan A is being stymied by the activists. Plan A has NOT been finalised (Key condition in UPPER CASE) and may not be.
"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.
Perhaps MB should encourage the locals and the regional authorities by promising generous help out if they sign the agreement now. Certainly some initiatives would be great rather than just being officious.
Would be good to ask what the land use agreement status is currently where we are at and what's the expectation time frame this wil be now done
So untill the land use agreement get signed we will not pay the herders, good idea I think, so let the herders moan to help out cause
Confident land use will go through but it will be the too ING and throwing between land people and their legal side that's going to take time here,
Here's hoping this gets done soon enough
My buy price as said before was below 3.
But this news is worse then expected and fundraise more likely i am not buying anything
WOS "I did not bother to read any BB comments - just DETAILS of RNS! "
It would really be appreciated if you took your own advice and stopped the continuous and mostly irrelevant posts on a daily basis.
If you have something new, positive and relevant to put to the board then please do so, however 90% is repetitive and only solicits others to attack you, this makes this BB somewhat depressing to follow.
I am sure that the majority of investors welcome some of your posts, but they are able to make their own decisions and do not really need you to constantly twitter on unnecessarily.
IMO
All Plans Without Signature = Nothing
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
WoS has the audacity to post that the RNS will be in the coming days for an Ops start date . Do us all a favour and flap right off. You have been credibility
Cant remember who said: 150% guaranteed with next RNSs.... or multibag anyday...
Still waiting for that December momentum..
Soon mmm
No one's taken a bit, the plan is still there, land use agreement still not competed yet still could be any day status, taking longer then we expected but deep down I know this will take time due to legal side of it, wouldn't be surprised if theirs now got down all of a sudden.
Anyone selling was expecting quick money from this next RNS but didnt get it and now will sell at a loss and chase the next one and repeat until they make no money and leave the market
Sticking to the plans here may take a week or month longer but nothing has changed
Not RNS we were all waiting unfortunately. Sounds share price stays around 3p for the time being.
However we are still at the beginning of the drilling season. We have more than enough time to get H1 operational.
So everyone owes me an apology, including the LSE chat board moderators, for needlessly removing my posts (for telling WOS to put a sock in it, and stop misleading gullible investors)
Of course WOS knows what humility is and will also say sorry to everyone who he has cost money with his endless dribble.
I am invested in MATD but I've stopped caring if this ever comes to fruition or not. These are just bottom drawer now and if they break even I'm out asap. What a con, ponzi pyramid scheme. Utter shambles.
Oh well ya pay your money you make your choice I ve taken the hit .
Whoooosh GL
Wos you owe people here an appology. All your inside information was well made up..
Renewables WILL need equity funding. Yes there are grants and debt but typically 30% equity financed and Matad has almost no cash left and Heron well will maybe sometime arrive ..
Fundraise more likely now.
1.75? Lets see