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All going to plan.. Major Drilling's rig is on target to be released for MATD's spudding in appx 10 days time.
Now we know for sure TMK are on track which should surely mean MB has a spud date for V1 penciled in. Will we get an operational update within the next few trading days? hope so 🤞 it's been a long wait. GLA
I doubt a trading update wil be announced until the rig is released so maybe two weeks time when it’s enroute to us?
I don't think MB gives us v1 spud date before LP secured. My guess is that LP and spud date would be in one RNS.
MB knows how sensitive the market is about LP. If we see lots big buys then that means LP is secured and we can expect RNS. Just a guess nothing more.
Placing RNS before News for bounce back JMO
Does not attend what any BB poster "I think" say about update time. Better to see what company / CEO say himself.
"WE WILL BE ANMIUNCING ONCE EE MOBILISE TO START SITE CONSTRUCTION & WORK OVER THE WAYER WELLS WE'LL USE AS A SOURCE of TECHNICAL WATER FOR THE DRILLING. WE'LL BE ANMOUNCING THAT" - Interview April.
This will have to be BEFORE Spud of course so we expect update from INTEL logic NOT BB poster logic.
Look like Sneakies have buy back in. Always say they bite the face to spite the nose. All for maybe 0.2 or 0.4p advantage they say rubbish thing about share then say thing like "WILL NOT SELL FOR LESS THEN £1" or "1000% UPSIDE"
Just make many poster here who do research every day not want to share this.
We are consistent positive because investment have not change not depend on if we IN or OUT on that day like Sneakies.
My position long hold for triple digit share price but do not even take that long.
One who plant negative seed for just little part of penny advantage will also get little part of bigger profit.
Will let Sneaky sit now in investment & do own research ;)
Be Happy but honourable & all good wave to genuine holder / poster here :)
Why d thet need more money
Why do they need more money
Mr Surf
"JMO?" Maybe better if you do research & ask question to yourself. Then people will not think this person does not know ANYTHING about investment LOL
Be happy but do research please :)
@WO
Ditto
Was all going so well today. The spymaster has returned.
There’s no placing coming surf, we all know they are fully funded for ALL planned drilling activity. Curious why you’d post that tbh.
Condorman; excellent news thank you. Spud sometime 2nd week in June then hopefully (the 5th is a Monday).
Not long now!
There's what's happening in Mongolia and there's what's happening on an anonymous Bulletin Board where people hurl insults at each other all day long.
There's only one post that needs to be read today and that's the one that started this thread.
We all know what Matad's plans are for 2023 and it's good to see that once again things appear to be moving along pretty much as expected.
Nothing to see here now apart from the usual and hopefully comments on a Friday pm rising Share Price.
Weather set fair, Matad chugging along nicely, it's all looking pretty good from where I am.
one post with relevant information. dozens of ****e argumentative point scoring posts. complete waste of time. all filtered apart from those with useful posts. life’s too short to read personal opinions and sh it stirring. type away , coz it won’t affect me.
"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 :)
And in a return to the matters in hand.
Velociraptor Spud remains on track for June.
RNS RE preparatory work some time soon, hopefully to include a more general update on all things Petro Matad.
We're getting to the sharp end now.
I looked back at previous RNS's and overall they issued the RNS 4 weeks before the spud...
Excellent post earlier Thornogson, yes we desperately need that RNS. I think most people get frustrated with the continual waiting on information from MB. Just to say preparatory work started and we expect spud to be etc. Even a short RSN like that would put more confidence in investors and i would think that would help the SP.
@dozzawba
I am beginning to think that the IOM meeting seems to have thrown a spanner . There are more deep seated issues to be resolved .hence delays in RNS . I am not entirely sure though to be honest
Well Roxy. This is where I'm more positive than you then!
My working theory is that the meeting may have been a response to requests for further information/evidence requirements, by one or more of the Mongolian government departments.
If so, then IOM meeting, report back, consideration, then final agreement.
Knowing political institutions, that all takes time. So there wouldn't be a delay as such, but just the usual pace of these things.
Just imo
Curiouser, i agree with you there. With regards the IOM meeting, what is encouraging to me is that they felt the need to have a photo shoot and put it on the Mongolian Embassy in UK FB page. Why would you do that if it was anything sinister.
I meant to say that there are more discussions that need to be completed and any thing that needs to be clarified further in IOM is now getting finalized.Hence the delay in RNS. Nothing sinister or problematic. Like you said this all takes time.
ATB