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AI.....the idea of investing is to work out how much you can afford to invest, how many shares this will buy you, what do you believe is the maximum price it will hit over your time frame of investing.......if the equation works out to meaningless, then you either invest more, or look elsewhere to put your money..............honestly mate, I thought you had about 50million they way you went on..........i nearly spilt my brew........
200k Share's !!! Is that it ! I thought you were a real player ! MB's Cleaner hold's more than that ! 😂😂😂
Lot underestimate RENEWABLES. For me it is part of foundation to build multi factor ENERGY company with £billion mkt cap.
Meering of 100th anniversary of energy sector establishment today.
Mongolia should become an energy exporter & contribute to regional energy supply" (Mr Mike Buck talk about surplus export to China & Foreign Minister meeting in Beijing 2 week ago talk about China grant / investment in Renewable energy in Mongolia).
The following issues should be taken into account including
- Increaese new sources of clean energy & join further regional integration." - Mr U. Khurelsuck
This follow on from Development Bank meeting to encourage Green Energy schemes & €140M Eurozone investment (which include but not exclusive for Green energy).
If you follow Intel have regular mention of Renewables from high level source in Govt & foreign organisation.
This is still EXTRA to main oil operation but will grow & grow
Be happy & see big picture ;)
AI . All that noise you make for holding 200k 😂😂😂😂.
What a joke . What your going to make £1000 for all that noise.
I think you've inadvertently hit the Caps Lock button Al?
No need to thank me.
Today is my birthday and this share I think will turn blue today as news must be coming soon and there are many combinations in the way it will come,all of which will put a rocket under this share and light up the screens.I bought more this week as I would not want to miss the opportunities that lie ahead
I AM INVESTED
I HAVE 200K SHARES AT 5P ENTRY
CAN YOU READ
Good post Thornogson!!
All I would add is what someone said about the new licences :-
"...some of these areas are larger than the whole of Qatar"! Now imagine that !
Oh you mean right now?
10.11 on 19.5.2023?
Not a difficult call to make that one I suspect?
What about next week or the week after? Because if that's when it is you'll have missed out on another 40% odd of upside.
I believe the idea of investing to make money is to buy in before this happens?
Each to their own though, I wish you well with your investment strategy. Although it's rather unclear what that is.
How exactly do you make money not investing in a company?
By going Short? I hope you haven't although it might help to explain the number of times you post.
I said double figures now was delusional. I simply called your prediction a dud.
7-8p is not delusional in my opinion Al.
I won't be pedantic enough to give you the Dictionary definition.
If you believe what the company says and trust the integrity of the Mongolian Government then you'd logically want to invest in Petro Matad at this point.
It's 6p a share with a Market Cap of £70m.
They're about to Spud a highly prospective potentially company and country making prospect in Velociraptor.
They're due permission to produce from the Heron Field. They've proved the oil's there and flows at a higher initial rate than any of the wells drilled by Petro China on their block covering the same play. They've an outline deal to cover the costs of the Field development with drilling contractor and a tacit understanding with Petro China about how to transport the produced oil to market.
They're leading the charge to develop Mongolia's vast potential Wind and Solar energy sector too which all the major oil producers are now trying to develop. Mongolia has made the terms of developing such green energy highly advantageous and the neighbouring Chinese demand for such Green energy will be enormous.
And that high powered meeting on the Isle of Mann. Clearly something afoot there.
What bit of the above is delusional?
What would the company's Market Cap and share price be in just one of the above came to fruition?
Two, Three or all of them?
Many multiples of today's value I think and even better it'll be a money producing Cash Cow for decades to come with Heron and then the Green energy provision.
There'll be years of fully funded hydrocarbon exploration in newly acquired blocks too.
Perhaps Mongolia will prove to have vast nation wide oil reserves?
Can you imagine that? Optimistic for sure but not delusional.
You probably need to choose your words more carefully?
And one like mr Rich eho just challenge misleading post by mr Horse.
Cannot just say 1 useful post when good people here try to give correct information to REAL investors & correct misleaders
Be happy & not misleading :)
Refreshing this morning… I look at LSE and 26 posts on MATD … I have a look in and they aren’t all from Wise Owl Speaks … replying to himself.
Not worried about the drop here either as with no news the inertia wasn’t going to carry us much higher than we got to.
Beautiful down here in Devon (and the last week) … don’t be going off to Italy… twenty degrees and Blue Skies.
News will come on MATD it’s only been about six years for me … what’s another few weeks/months
"There's only one post that needs to be read today and that's the one that started this thread."
If one look for NEWS maybe you want to see also one where mr Buck himself say expect announcement BEFORE Spud ;)
Also other one also remind poster of opportunity & clear up confusion that poster put up about funding.
This all from honourable investors who do research & share :)
Horsers, not sure if you can read or add up? But did you see today's post? Drilling rig being avaible in most likely 10 days and we have a contract to spud in June, so I think it's happening for sure unless Putin strikes,
"go on further than that" really it's been going on for over a year. Whet makes next week any different to previous week's. Don't be too confident
This will be blue soon .... my guess news nailed on for next week.. it cant go on further than that id say
@Iamrich
That's exactly why I think this is going cheap at the current level .Will set a trade plan for another 250k
Keep an eye on the next couple of weeks, I think things will start happening now, don't worry about daily price swings, this will be atleast 15p soon enough, LP/velociraptor is happening 💯
Got a feeling buck is close to these cabinet ministers now has direct dialogue with them, and he will most likely try and get the cabinet to look at the LP nearer to the time of velociraptor spud time so he can do one big giant RNS, he needs to control the share price movement for his big shareholders petrovis,
I know how these management work, they will be keeping those boys happy for future fund raises if needed or cash for anything ,
Some people may thin buck doesn't know what his doing but he sure has more experience in this field and country then people on this board
Have a great weekend catch up on Monday. Very wet here in Italy but two very Bored Border collies so off up the mountain.
Ciao 4 now
Well the Sp is down a bit but many see this as a buying opportunity . I have decided to fill my boots at some point today if it stays 6 ish can't see it staying around that for too long.
Atb
Yeah bigbench i think thor had his 7 to 8 p prediction another dud.
This is what happens when you believe rampers. Until more information or rns not going to be seeing double figures. Delusional
6.2 is a ridiculously cheap entry... the mind boggles we are not knocking on the door of double figures.
In that case filter him then you won't see anything!!