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Lol ojay have you sold? You deramping pole of shiiiiite, you very well know the state of play here like ministers have said central government will now sort it within a time frame, plus we have velociraptor coming in the next month or so,
Your playing this very well but it can be easily seen with your new titled post it's indirectly deramping
Get lost have no time for nasty liars like you
Until we hear good news concerning the LP I agree with all other posters that PM's share price is doomed to go south.
Wiseowl rub own balls and they say big big RNS coming
He must have been rubbing his crystal balls and looking into the future. I do hope he's right tho
Wiseowl say 50p coming I say this is truth, wise owl knows all, wise owl sleep with eyes open,
Mike Buck, CEO of Petro Matad, said:
"It has been a frustrating year for Petro Matad and our shareholders given the lack of progress on the land access issue in Block XX. We are hopeful that we are now reaching a new phase in the process with central government recognising that it needs to bring this access issue to an end through direct action.
Meanwhile, we are pleased with our progress on negotiations with DQE drilling and with the cost reductions that can make a real difference to project cash flows and asset value. Similar positive progress has been made on the Block V Exploration PSC area and we are excited about the potential to drill a high impact exploration well on the Raptor Trend in 2023.
Renewable Energy Opportunities in Mongolia
Petro Matad continues to explore opportunities in the renewables space following Board approval to do so in 2021. Work has continued this year to investigate the technical and commercial drivers of solar, wind and battery storage opportunities. A potential partner, highly experienced and well connected in the renewable energy sector in Mongolia, has been identified and negotiations for a collaborative association are at an advanced stage. The Company will update shareholders on the progress of this opportunity in due course.
Production Readiness
The Company continues to target having everything in place to get the Heron 1 well onstream as soon as the land issue is resolved by the government. Pumping, downhole completion and power generation equipment is now all in country. Production tanks and other related surface equipment have been sourced from Petro China, offering a cost effective solution to achieve rapid production start up. Discussions with Petro China on oil processing, export and sales have also begun with the facilitation and participation of MRPAM.
Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have continued and a contract for a multi-well development drilling programme is in the final stages of discussion. The contract envisages a reduction in drilling costs and deferral of some costs to allow a portion of the drilling expenditure to be settled from future production revenue. The contract still needs to be finalised and agreed with DQE and then with MRPAM, but the cost reductions and payment phasing could significantly improve project cash flows and overall asset value since the largest portion of the Heron development costs are drilling related.
I am 99% sure WiseOwl is PhillipTan. And 80% sure it is Magnus49.
Magnus49 is a particularly bad piece of work and should not be listened to. He ramped Parsley Box relentlessly in its final days. And we know how that ended up.
If I were to trust or rather believe WiseOwl: I would say everythings's going our (investors) way!
Let's see if WiseOwl is right!
No surprise there. Cheers Jimi.
Maybe a little longer to wait for tender announcements
some are still not finished, https://mrpam.gov.mn/news/2492/
Haha you make me laugh with this one mr EricDraven and good to do this for people :)
You right about MATD and ready to roll into making money & very important is
Funding good
Asset good
News on different things
Does not matter how price go on any day but know one day soon the explosion up will happen
This make me feel good holding MATD and why I feel bad for other ones who have share with bad funding or no asset.
MATD just sit wait & will deliver
Doc, as a neutral bystander I would say Owl has a ring of Tan about him.
A Tan line.
:-)
Well Owl, it didn’t finish blue but it had a really good try. Maybe tomorrow then eh? An uppy day. Lol.
It’s interesting watching this. I waited nine years for a concession licence to be granted in BEM and it finally came through last March, so I know what it’s like to wait on a government to actually do something.
The difference between that share and this is that this appears to be ready to roll into production. A good position to be in. Hence why I’m watching it. It’s more exciting than BEM at the moment.
Good luck all.
That's a great average, well done.
Same here, I'm holding for the LP as well. Been here since early 2019 and hoping that this is finally our year.
Really hoping this land permit comes through as we have come so far. Im averaged at 2.5p and have been a shareholder for 3-4 years.
Wiseowl - are you going answer my question...
Are you Phillip Tan and/or Magnus 49?
Agree 50p share price but not be closing time today but this year
Wait until RNS update and then give same offer mr Ripley.
Update on time for Velocitaptor & new licence and LP
Think price will be much much higher sir
If this is what you honestly think Hamm.
"You don't like Ojay, Iamrich or Hamm, you can filter them or bxxxx off! You may think you are clever to sell at 5.3!? As far as I understand the share value should be 50p "
But more up to 10p at least .
If someone was to give you 5.3p for you holding today would you take it Hamm ?
And I do not dislike Ojay, Iamrich or any I do not know them .
I would like it if did not bother posting dross on my thread .
BUY
Look at price it go straight up to 4.40p at time then some selling make it go down
Update next week so make own mind up ;)
Good to hear. Thanks guys.
Showing as a buy on ADVFN
1000.001 is a buy