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"Mongolia is one of the LAST onshore frontiers where MULTIBILLION barrels of oil can still be discovered and produced" - Bataa Tumut-Ochir (former Wolf Management CEO).
Think Takeover offer for Petro Matad will come quickly after LP & production start but this is different topic :)
Another bit of friendly advice to WOS: Maybe limit yourself to 5 posts per day, making it really quality information in each.
40+ posts, 4 hours into the trading day, on a day where there's no official news or meaningful SP activity is excessive to say the least. Any news or research you do post is buried amongst so much rubbish that it gets lost.
LESS IS MORE.
Wiseowl you are the loneranger in this board, great informative posts non stop, some info we all need reminding especially newbies could learn faster from you, thank you for your efforts
Mongolia one if few place in world with ONSHORE potential.mumti billion bbl oil reerve assets.
Petro Matad are at front of foreign exploration company & now move to production in 2023 to fund majir fast expansion with DQE and JV deal which is option for New Block (which Petro Matad help organize lol).
Do not even mention Renewable and all grant for this & energy hungry China export market.
Can people begin to see ;)
Sorry - 2 week workover.
I’m not going to fact check WOS, he’ll be right. Fact is that it’s not much work and won’t take long.
Thank you mr BarclayShare good advice. But I see sneaky ones who try to mislead BB & do not like this.
But you are right & good advice
Happy & thank you :)
Just topped up a little more today.
WOS, a bit of friendly advice. Don't lose your dignity arguing with idiots.
Last time we smash through 9p+ from breakout after drop to 5.2p from 6p just before. Think this EXACTLY sane as we see now.
Difference is last time market know that company will need funding. Now company full funding for all Heron development AND new block tender AND Velocirapror 1 AND Velocirapror 2 AND DQE deal agree all term AND Renewable JV
This time expect exactly same BREAKOUT but price go higher & rise carry on with Velocirapror price momentum.
Bargain entry at this level in my opinion & for reason I give.
Mr Lockie Heron only 2 week workover & infrastructure already in place to process oil production for revenue
This is BOOOOOM if you see :)
It’s a 1 week workover of the well so not much time at all.
Velociraptor will not distract from Heron 1, and vice versa.
If /when LP is granted how soon are PM likely to start pumping the Oil out of the ground at Heron 1 ?( taking in to account the focus on Velociraptor drill timescales etc)
September ?? Later ????
With both 50 day and 200 day EMA in uptrend.
I personally think we could smash 8p in a flash with LP just round the corner on top of other news due also anytime now.
High double digits in May.
BREAKOUT just start for all sensible reason given & this what investor should see.
Not post by trader who often try to mislead fir selfish reason ;)
Happy I already hold & understand stock well :)
Mr Doc you think thing have not change since Dec? Am not surprise mr Hamm have become LONG on MATD investment now.
MATD have all piece come together and now confirm DQE deal agree in all term and now with Head Office in China. Think this RNS come with or straight after LP RNS
Mining Minister confirm MÀTD will get LP
LP now in hand if Mining Minusyry direct and not Local Govt approval
Velocirapror drill confirm
Renewable JV and all fully funded / permit
New Block
Not surprise mr Hamm become bull. Sensible investor decision I think
Does not switch with all new I formation like person who already have been expose for doing this like you mr Doc. Talk share down while you BUY more like you admit
This is problem people have with you. Not your trading but sneaky posting while you BUY ;)
Be happy but look at investment & decide for self :)
Doc83 your the one that is very confused with wild guestimates and blowing both ways constantly, don't bother defending anymore we all know your trash
Hamm: "2 reason either you are trading or you are simple."
And when you were hyper negative pre December, were you trading or simple?
I think the sensible ones on here know the answer!
Block V
Massive Velociraptor-1 spud coming up also with 200 MMBO recoverable and 380 MMBO recoverable from raptors combined.
Block V has the 2nd working petroleum system in Mongolia as confirmed by previous Oil shows in Snow Leopard except that Oil seemed to have migrated towards the raptors.
This looks very similar story to what happened in Block XX, when they first spud in 2010 and had oil shows but missed the sweet spot. Back then they did not do follow-up testing. Heron-1 was sitting just next door when they discovered one of the best light Oil ever found in Mongolia which flowed at 800 bopd naturally to surface.
Velociraptor-1 could be a repeat success story same as Heron-1 and Gazelle-1 Oil discoveries and be around 6-7 times bigger.
Lots of untapped Oil to come through and to feed that new Oil refinery.
Fully agree Simon, but as most BBs have their share of these idiots who only complain or insult each other, the only solution is to filter them. That way they don't get as much exposure and cause serious investors less hassle having to plough through their rubbish.
You are right … unfortunately AIM in certain stocks is still possible to manipulate I’m sure we’ve all seen it when we trade a few and the price moves. A group of “””””””s from Tom Win**** crew can all defend and all leave with a profit.
All we all need to know is if you were shorting this it will hurt massively at some point. That it’s stupidly undervalued even allowing for whether the news drops this week next week or next year.
It will come and when it does the hard but will not to be getting out too soon as it’s value is absolutely multiples with the permissions in place … you can see that from the various false starts it has had over the years.
@simonpartridge1,well said fella.
ATB
GLA
This IS the problem with this board. But quite a few boards are like this. Ho hum what can you do.
The bickering on this board is laughable.We’re up over 8per cent today and on the cusp of becoming mega rich.All this talk of mental illness,when half the people accusing others of being ill are in need of help themselves.Everybody needs to cheer up
Is Doc actually a Doctor ?
Doc, god forbid I am not making fun of your mental illness. Jus having sympathy with you.
I wonder why you get cranky when share price goes up if you are invested and gets happy when it is down?
2 reason either you are trading or you are simple.
and WOS getting his Matryoshka dolls out.....