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Up +6.90% on google finance!
Will expect it to push back up now with lots catching up on AGM presentation & funding position secure into 2025!
Will be good coming days now am sure.
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Anything can happen now.....
I was going to buy a few more on close but totally NT to buy.
Bear in mind that WIse Owl has every right to post and express his viewpoint as everybody else. Equally I don't think that YOUR viewpoint about Wise owl or anyone else for that matter who is posting will go well with some.
This is an open forum. As long as you are not abusive or mischievous it ok and you can say whatever you believe in
Just had a listen to the AGM on line and can confirm my 2 questions did get answered. Good evening, My name is ---- ------ I have been a shareholder for many years now and have a couple of question for you at this year's AGM, can you let shareholders and me know (1) would the Board members and staff be willing to take a reduction in pay until the all formalities and paperwork has been signed and paperwork in hand so that Heron can start production and (2) are all fees still being paid for the block XX licence area whilst we wait for these formalities to go ahead as it's been a few years since the Exploitation Licence was awarded and would like to know if we're paying for something we cannot use many thanks ---- ------ GLA
Carlos the goat is probably professional the lessor.
Thanks
Also re: NEW BLOCKS - they are Huge & share already producing basins!
Mr CarlosGoat - use Filter - very simple to do and will also stop your complaining. 😏
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Just filter the little flappy pest
I'm invested here and come to this forum occasionally to check others perspectives on new developments - every time I spend about 30 seconds on the page before posts from Wise Owl get too much for me and I exit... any idea how i can mute somebody? Is it possible on LSE?
Mr Investor
I expect Provincial Governor will be gone after eke tuon because he must be put forward and position given by Central Govt.
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Doc83 ; Having now listened to what MB said, I would guess that it's the district land use permission that will come through first. And presumably this will not be impacted by the elections, as by the sounds of it will be the case with the special purpose tripartite agreement.
I think that there's a pretty good chance that Heron will commence in 2024.
As Master82 mentioned, there was no talk of hold ups with the local land use permission, and no talk of the provincial governor intervening with it.
Personally, I hope that in time the company will in time take legal action against the various parties who have deliberately held this up - not least the governor, who is actually using a mistake by his provincial authority through overlapping their protected land over Block XX as an absurd excuse not to sign the Special Purpose agreement. It's quite unbelievable.
I always look at bigger picture - no cut & paste gussioing but what will affect my Investment in my timeframe which is for Petro Matad to be MAJOR player in Mongol Energy Sector & massive ROi for me
All this have to look from Intelligent Investir logical position.
Good to see Special Resolution 6 for SHARE BUY BACK - I expect this to be part of NCREASE shareholder value BUT obviously we go into Production first - which do not expect will be long now!
Look at big picture - not Playground gossip!
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Can see which ones did get caught out ;)
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Wos going straight for it again... 2023 down 2024 down...as Doc said MB dodged the raise question. Comedy golden again..and all the usual guys ramping again...
"SunSteppe is working up a SUBSTANTIAL pipeline of Projects from small to HUGE" - 13 min )
Establishing as MAJOR player in sector which has Global biggest potential!
Did say watch out for Renewables - will BOOM!
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Nobody any longer ares what you think or post WOS - found out - FAKE
Provincial authority I meant.
Given that the overlap was caused in error by the district authority through impinging over Block XX, it's absurd that this blasted governor is using the overlap as an excuse not to sign the Special Purpose agreement.
Actually, it's so ridiculous that it makes me wonder whether it wasn't actually an error, and that the district authority did it on purpose....
Investor - I was concerned there might be some further bad news but MB and the AGM do seem to have calmed things a bit. But I am left wondering if we will ever sell a barrel of oil from Heron. For all WOS's talk of "imminent", it's very feasible 2024 will be another year without production. I'm also of the opinion we will have a raise this year. It's just my opinion so for those with high blood pressure, don't explode. But if you listen to the Q&A, IIRC one of the very early questions asked about the "upcoming raise" which MB didn't discount and instead started talking of the different funding options!
From my understanding the only issue is the overlapping.
The district approval has not been interrupted which is the biggest positive news.
I can see this going back to 5p in anticipation of the land access for heron
Professional - low IQ con man. Did no research here.
Overall, I feel more positive than I did yesterday evening. It's great news that MATD is funded until 2025, and that Petrovis will help as well financially via a drawdown facility. I did mention that Petrovis will protect its investment in MATD and the kudos of eventually extracting oil via what it calls its subsidiary - though why does the MATD website refer to itself being ' a parent company ? '
It's good that the activists seem to realise now that it was the Petrovis Group founded MATD - though I'm flabbergasted that this hadn't been made clear to them before, and that they hadn't researched it themselves.
Maybe the cabinet will be prompted quickly to act and sort out the protected land issue, given that the Ministry for Economic Development is preparing a submission to Cabinet to attempt to remove the obstacles to completing the Special Purpose agreement process.
Maybe it will be like waiting for a bus - you wait for ages and then two arrive at once. So maybe the Special Purpose agreement and the district land access permission will both turn up out of the blue at more or less the same time !
And TICK UP here as I write!
Buyers coming back in - UP +5.93% on google now!
I do expect LOT more to come back in tomorrow & coming days!
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