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Every Mongolian citizen will share in the revenue from natural resources. The government are certainly considering their people and sensibly enticing them to vote them back into power at the next election. Very clever move. Also massive for Petro Matad because almost every citizen will be pushing for Petro Matad expansion. More oil means more revenue for the wealth fund thus more money for the citizens...The government have played a blinder here .
This really is massive for Petro Matad. Give it some thought.
Many thanks to Wise Owl and Master for the helpful research you have been supplying.
Good luck to all long term holders and don't worry, this is going to be huge.
Might add this https://www.mongolianminingjournal.com/a/73405
Never seen a more sad individual than this proff guy Wow. The state of him. Glad everyone ignores him now
The way I see it is everything is getting done, government on side plus joint ventured with matd on one side of the business,
The more days and weeks pass the closer we are to the last hurdle of this land use agreement for the LP,
It is any day now, soon as these guys get the land use agreement drafted and signed off again could be now waiting on buck to fly out to Mongolia just to sign maybe already done
Oil $91+.
Still more excellent posts and information from the usual providors.
In what way can it not be obvious what will happen here?
Mongolia declare the Heron Field as being of National strategic interest and now a Norway style Soverign Wealth Fund.
Everyone will want this to happen.
Oil then Sunsteppe renewables.
Renewables is the future and matd area step ahead then most companies, matd has a future in Mongolia and with government backing and joint venture this will be huge in a few years to come,
But for now let's get heron up and running, RNS could be tmrw who knows, but next week expecting a climb here with ISA's being filled
Geez, Mongolia is a difficult place to do business, with central government wanting foreign investment, but as MATD have discovered everything is at Snails pace. I just want them to concentrate on HERON 1 workover and first oil, and drill Heron 2 and 3 and a good stable BOPD. I just hope Buck has already got the workover team signed up to mobilise ASAP once we get LP. Last thing we need is not having a drill team available to start work asap.
Researchandhold said //BP is like a stain on humanity//
// I just hope Buck has already got the workover team signed up to mobilise ASAP //
The workover team have been sitting in their portacabin (or yurt) playing cards and smoking ciggies for more than a year now!
BP, probably on mushrooms hallucinating of black viscous stuff oozing from the ground..... One day....
J.P. Morgan strategists see Brent crude heading toward $100 a barrel this year.
Amazing opportunity should not be missed guys.
@symph7 ; if ' professional ' really were a professional he certainly wouldn't be spending all his time on this board ****ging off the company and trying to annoy the lths. he would be scanning lots of stocks every morning and looking for long or short opportunities, checking charts and fundamentals etc. he just wouldn't have time to post nonsense on here.
every single day i follow on youtube a trading summary for that day of one or two highly successful professional traders, and believe you me the last thing they would do is waste their time ramping or deramping on investment boards. one of them made about $130,000 dollars last month - they are too busy making money to get plaesure out of useless trolling - and they tend to be too intelligent for that kind of thing anyway, even if they wanted to.
more like he's a troll who gets a sense of power through being obnoxious on a board like this, as he can'tget that sense of ' importance ' and ' power ' in his insignificant everyday life.
that's the basic psychology of male trolls, whether its sports forums or an investment board.
@investor
A very good post investor.
I think every word you said is spot on
Yes the Prof is one big N-B
Professional is badprofit, only post on mats board, his bought in at the spike of 37p and then sold out at 2p, since then has been posting here trying to damage share price and company so people won't look in here,
Unfortunately since then the share price has been going up and down and alot of people have made loads of money and again now it's about to explode so watch the two names disappear when the next RNS lands
The guys has even gone to lengths of saying he has peoples IP addresses to scare them lol, just ignore these two usernames it's the same person,
Roxy2020 ; thanks for that.
Cybertron : it makes perfect sense that ' badprophet ' is also ' professional. ' One thing I am sure about - 'professional ' is not a real trader. He doesn't talk in the way that professional traders would talk, and most of what he writes is just trollish schadenfreude whilst willing the worst to happen to LTH MATD investors - presumably to make him feel better about himself.