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Yes, Vikinglass. I agree.
This is why I sense there are delicate politics at play here behind the scenes.
It makes the waiting that much more nerve wracking to feel that things may not quite be in the bag yet. That said, as I stated before, I believe momentum is on our side and we should get the LP through soon and then glory days should be upon us all.
The lack of comms is disappointing, it would be so easy to drop updates on Twitter to keep us in the loop
Thorngson. Ive been here long enough to know exactly what is happening. Propescts are good. We just have wrong management.
5 years of wasted money and very little progress.
I can go on and on about MB. He is not trustworthy at all.
Who renembers when he said he was in touch with big boys and they told him come back when you make a discovery. Still waiting
Strong resistance at around 4.7. This is now just waiting for the announcement to get it in the 8-9 range.
I expect this to go north soon if the LP registration isn't going to be the sticking point.
ATB
Says it all Master.
Mongolia is potentially a new oil frontier.
It's wild cat drilling at its finest.
Dusters come with the territory I'm afraid.
High risk:reward.
But you knew that?
Heron production lets P Matad plan further exploration without the funding brinkmanship of previous campaigns.
Also more blocks and more wells to increase the chances of finding 'the big one'.
Fridays gains will ebb away in the week. To repeat the endless cycle of pumping. Thats 5 days of caps lock headers and hoot hoot to end up in the same place while day traders make their wages 👍
What another sorry mess we find ourselves embroiled with. Can't see this one being resolved this side of winter .
Mb is our biggest downside . In the past 5 years he has achieved heron. Even that he messed-up. The easiest well was drilled without the permit .
HE HAS WASTED MILLIONS ON WILD CAT DRILLS .
Time for a change at PM.
You don't have to wait until the end of the year. Such a high-caliber liar as MB has no shortage of various reasons for his irresponsibility and idleness. So, soon he will announce the most compelling reasons why another year will be lost and why it is necessary to wait patiently and continue to feed both him and all the idlers of his team. As, they are going to make shareholders, at this time next year, the same millionaires as they are now thanks to you.
DQE agreement
I would like to think that this has been all tied up and basically agreed. The only thing holding this back is the Land Permit. The reason this is holding it back other than just simple access is that one thing the agreement would have is a start date and we cannot do start dates until we have a permit. I would hope there will be two RNS's around the same time maybe one at 7.00 and the other around Midday with the DQE maybe even earlier. The delay will only be because MB has to confirm things with DQE once permit is approved. That is why there has been no DQE announcement because there is not known start date. IMO
"So yes, Different week, same sh.1t! But mainly with reference to posts on this board."
That is exactly what I was referring to!
"Different week, same sh.1t!"
I know week after week but eventually the Mongolian Government signed of the Special Purpose Land documentation, just like they and Mr Buck were saying.
But it took a little patience.
Same again I think but more likely a shorter time frame.
I'd like to think DQE and Petro Matad have pre-agreed the plans for Heron Field Development and funding options but have not released these previously due to uncertainty with permitting and access rights.
I'm pleased to say that those uncertainties have considerably reduced since the last RNS but there are still some loose ends to tidy up.
I'd imagine that when that's been done we'll get an RNS and it'll be full steam ahead with Renewable plans outlined not long thereafter?
So yes, Different week, same sh.1t! But mainly with reference to posts on this board.
It's happening, it always has been. It will happen, hopefully soon and probably this year, but if not I'm happy to wait until 2024. Rich this year or rich next year (with potentially a little dilution or more likely a soft loan from Petrovis as before).
Petro Matad an undiscovered AIM Gem waiting to shine.
Master - agree. Didn’t a previous RNS way back say the contract with DQE was with the DQE head office for review, or something similar?
“Good chance of news this week imo.”
Different week, same sh.1t!
If the next rns doesn't have all contracts signed then its most likely a wasted year..
Mb has been going on about DQE talks for very long time but no proof of contracts being signed. Its been on advance stage since last year.
For PM to succeed we need someone more active and confident .
End of July and we are still waiting for this EL to be completed. Becoming a joke now.
Yes totally agree surf. Some positive news is likely soon. I think MB is waiting to get all bits and pieces tidy before he reveals where its heading.
GlA
Good chance of news this week imo.
//I have enough because I have been accumulating.//
WOS - if you really believe all you spout you would never have "enough". You would sell your house, car, wife & children to buy more with every confidence that you could buy better ones when PM pays off!
WO, Please just stop already!
Sources / Intel
- Plan is to develop Block XX IN PARALLEL as Heron. Mr Mike Buck mention this in interview.
- Renewable news is strategy for long term development but NEAR TERM NEWS for project / revenue ( 20th June RNS)
- DQE partnership announcement is part of Heron development.
Happy days 😊💰
Hmm, went a bit soon that one.
In essence it's the 'not yet known' bit of the sentences that are why the shares are 4p a shot.
Remove those, in an instant, by an RNS/Operations update and we re-rate there and then with subsequent rises over time as the Heron Field and Renewables are developed.
This is the bottom with the very real prospect of near term news and share price escalation++.
For me:
1)Heron field development happening, exact time frame not yet known.
Renewables the longer term future, exact plans not yet known.
Header very clear
- Heron Development
- Block XX near field in parallel
- Toson Uul Basin (2 Billion Proven & in place / 3 Bn estimate Petro Matad part)
- DQE Partnership
- New Block
- Renewable "near term / revenue generation"
- IOM Partnership (this one ???)
Leak? Maybe / maybe not because so oversold anyway & MULTIPLE NEWSFLOW due.
Buy or not. No one force you. Your money your investment.
I have enough because I have been accumulating. Good luck to try to build up holding without BIG push in price ;)
Have good happy day :)
Thrush? It's actually a Great Tit. 🥴
I’d say Friday was the start and more buying will come in over next week as rumours or leaks or start