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Title of header say all & what is happening here.
Am have no interest with little different poster on BB say this or that which serious researcher of stock just shake head at.
Hold or not will not make difference to what BIG transformation happen with Petro Matad & share price
Well said WOS :)
I'm excited about next week !
Agreed. hoping for some good news this coming week. GLA
Focus on investment case SIMPLE :)
- Special Certification land access will confirm through Cabinet Meeting signature. All documentation prepared for signature
- Status of Project of National Importance
- Velocirapror1 Drill spud early June (fully paid / permitted). Massive & potential "country making".
- Velocirapror2 follow on drill (fully paid / permitted).
- DQE partnership (terms agreed &confirmation with head office signature)
- New Blocks tender (some bigger then Quatar) with development through production revenue / Partnership
- Renewable JV SunSteppe Energy with one of global biggest potential, export opportunity to China & grants available in sector.
-IOM meeting
- 2 Billion bbl Proven & in place near field development of Block XX extension area Toson Uul Basin
Every BB have toxic. Will focus on investment :)
I agree with you WOS that there is something big but cannot work exactly what. You obviously appear to have done some research on this and power to your elbow for that. Are you able to share or just put off by all the negativity that surrounds anything positive on this board. Must admit i have been excited for the next week for the last 13 weeks and been disappointed although i do feel something is brewing but when and what i have no idea. And it would be nice to get a genuine idea as to what people expectation of share price over the next month or so assuming the LP lands but all we get are unrealistic images of £1 parties or scaremongers saying this will slip sub 2p. Letus get real it it going to do neither in the next two months unless something seriously comes through the wires. Where will SP be just before TD is achieved on the Raptors drill.
Focus on investment case SIMPLE :)
and for balance :)
- Special Certification land access not yet confirmed. Shareholders were told it would be fixed within 1 - 3months in October but nothing has, as yet, materialised...
- Status of Project of National Importance. The field (not Petro ?Matad) is of national important, but to be clear, noone has ever said it was urgent. In all probability we know that the oil is destined for domestic use and the domestic refinery, which is due to come on stream in 2025.
- Velocirapror1 Drill spud early June (fully paid / permitted).... NB with a 20% COS and that is officially according to the company.
Ibiza don't get hoodwinked by some saying this is just not going to deliver. I also think that this will fly given a bit more time. As long as you believe there's something big on the way than that should be give you the confidence and now all you need is a bit of patience.
This I'm afraid is the long and short of it.
Everyone in here hopes it will fly. That is why we are invested.
But going in to ANY investment failing to to consider the cons as well as the pros? You might as well wish upon a star whilst clutching dumbos feather!
Keep thinking about the IOM meeting what business was conducted in that Board room between company CEO and Govt officials from both MRPAM and MMHI with company registrar present. Something big is defo in the pipeline. Happy smiles photos afterwards gives it away.
My own thoughts below:
1) Major Player has shown interest to come on board to fast track Heron Oil field development via Farm-in deal for Block XX.
2) Another Big player or same player expressed interest to Farm-in Block V also.
3) New Block licence approval signed off (Phase 1)
With Phase 2 tenders underway. Possibly with a JV or Farm-in agreed upfront.
All above would require registeration and transfer of "Working interest" between parties and would require Approval from regulatory agencies, MRPAM and MMHI - both of whom were present in that IOM meeting.
Speculation at this stage obviously until official RNS but you can use logic and hindsight with whats been happening in last 2-3 months to reach your own conclusion.
People need to consider if they are investing , trading or both. Investing is long term. Find a company with good management and good product ( in the case of a mine a solid resource ). Then sit back and wait for the commercial extraction. In contrast traders are looking to dip in and out on spikes and thus in search of news flow deadlines. Then there are investors who trade to lower their b/E etc. Sadly there are also gamblers who hear a rumour rush in and expect to multi bag next week having done zero research. I believe that we have far too many gamblers here…
Possibly but why would we need the government ministers there for that and why would we need to go all the way to IoM for that and why would not the major be involved in the meeting. It is this that i cannot work out why the IoM why not just any hotel room or conference room any where in the world.
My opinion this is a new enterprise from a new opportunity that has come up and involves partnership with GoM in a new ancillary field to oil and Gas. Might be with Renewables or it is O&G and a completely new field that needs developing the Govt want to maintain a closer working interest.
I've always said something big is happening behind the scenes.
No mention of MB or PM. Maybe because it might be considered price sensitive info.
They probably aren't letting anything out until its 100% .
PM is at its position in 2023 compared to any other year.
Is it feasible that the Gov may have offered/imposed some kind of stake in the company ?
Mr Ibiza / Mr
Mr Ibiza / Mr Master
Think I have good idea what happen around Isle of Man meeting and believe this is VERY significant for Petro Matad company and shareholder.
Will say more later but big change happen with Mongolia foreign investment / economic policy with Vision2050 and other initiative.
All who say have Heron but LP not here. This is obvious & not where problem is but where OPPORTUNITY is for investor . Would price still be in single figure if we already have LP?
If people do not think LP will come then do NOT invest. Simple
All know Velocirapror have technical COS if 20%. Also know potential is massive "country making" & on known oil working system.Also know V2 follow up drill is ready & full funded. Investor look at opportunity not savings account.
This is where OPPORTUNITY is.
When people come on BB and say but no LP and only 20% COS maybe better if they understand difference between investing in stock market v saving account in bank.
If person is positive about investment they know nothing in life is 100% but death They just think everybody already intelligent enough to know this so do not need to say in every post.
Something VERY BIG am sure but no one force anyone to buy so just do NOT and do not complain if other do.
Be happy & invested or not :)
Maybe WOS has put his finger on something. Maybe this is a facilitator vehicle with the GoM to give it respectability to help foreign investors through the minefield of Mongolian red tape. After all it has only taken us three years to get the LP so MB and PM are experts at this. By the way MB exactly where is that LP we have? Have we lost it somewhere and trying to get a replacement.
Agree WoS.. it is easy to understand why people are excited about Matd at the current shareprice. If we would be at 50p discussion would be different and as you say if somebody thinks everything will fail then by all means do not invest.
What i like here is the multiple opportunities and the fact the shareprice doesnt even reflect the value of only one such opportunities.
If we take the analyst report as a base for discussion then one can easily see that. Even if someone want to put a bigger discount.
Velociraptor biggest opportunity and drill starts already in June. I expect more excitment on this coming month. Unrisked value 175p per share!
Yes CoS is 20% so value 35p would be realistic today.
Heron base 15p per share alone..
And more opportunities could be ahead as WoS and analyst have hinted at.
So yes there is a lot of positivity hear and no nothing is 100% certain but at 7p not much seems discounted yet in the shareprice. Imho dyor
An enormous amount of pros and cons can be listed here for this one. In the end it comes down to you and your attitude to risk. If you genuinely feel posters like WOS, Master and Mister P are on the right track you are more inclined to remain invested here. On the other hand if you feel you still have doubts its best not to have anxiety get in your way and put your money in a fixed interest/deposit account. This game is all about taking an element of risk.
GLA
Header is something I look for to be announce soon & think mr Al-Investor prediction of "£1" look more likely for Petro Matad company with this.
Buy or not does not matter. Do own research
Agreed wos, let the clown speak to him self, most his posts are not responded to by people as they are just total rubbish, let's continue with the positives on MATD and look forward to the LP and velociraptor landing, here's to 20p
Monday LP 15-20p
Monday no LP climb to 7.5 or 8p
Which ever is fine, got a busy week so prefer the LP to land next week, but happy either way
Totally agree. Iamrich.
This is all going in the right direction and hopefully the LP should land anyday now.
ATB
Something BIG developing for Petro Matad & shareholders.
This involve a partnership arrangement with Petro Matad and Govt which channel foreign investment focus on O&G sector.
Govt already get revenue from Production Sharing Contracts (PSC) but want to expand sector through foreign investment with increase in revenue / linkup with entity that have in country expertise.
We see how Mining Minister himself travel to foreign countries / expos to attract foreign investment. First 5 new oil block tender only get 3 bids. Now 2nd tranche launch.
Foreign company have problem with country beauracracy processes / in country expertise. Everyone who have research know there is major change that new pro business Govt have put in. Mining make up around 75% of export with population only just over 3 million people.
Petro Matad have biggest Shareholder as Petrovis who contril domestic petroleum business. This is why PM is seen as "domestic company with foreign listing".
Recent meeting in Isle of Man see Petro Matad CEO with personal attendance by members of MRPAM (Mining governing body) & MMHI (Mining Ministry) in what I believe is incorporation if new PARTNERSHIP COMPANY.
This will be vehicle which will work with other foreign company to exploit Mongol resources in O&G sector. Mr Mike Buck mention how Petro Matad have high level in country experience & excellent relationship with Govt.
This is VERY BIG for all party to be at meeting in person for something important.
Mongolia is mention as the "NEW SAUDI ARABIA" for reason of some of largest unexplored high prospect onshore oil targets on planet. Some new block are bigger than Quattar all on own.
THUS NEED DEVELOPMENT & FOREIGN INVESTMENT.
Mongol Govt will get foreign investment AND PSC revenue AND added share of production through partnership
Will say again and understand this is VERY BIG thing for all party to be there in person and this development put Petro Matad in top position for future development / revenue stream from Mongol O&G sector
This is MASSIVE development
Please make it clear wise owl that all this is just your subjective opinion and that you have extrapolated all this from a photo.
Petro Matad have very strong newsflow coming up like we all discuss
- V1 Spud
- V1 pre-Spud preparation RNS
-V2 Follow on drill
-LP Cabinet signature (Cabinet Meeting Wed)
- Follow on DQE partnership RNS
- New Licence Block RNS
All these will give us RNS after RNS and now also have seen many lower price holder exit with higher price entry waiting for bigger price re-rates.
New deal will need to be confirm by RNS but will TRANSFORM (even more then other development) to position Petro Matad (and shareholders) to benefit from major shift that happen in Mongolia.
People talk about triple digit RNS? Petro Matad is position to do that
Buy or not does not matter. Deep research show some thing very clearly
HAPPY to have my MATD shares :)
WOS is the biggest bullsitter on the planet - I'm surprised anyone still reads his posts or takes time to comment on them!