Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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MATD apparently has his own dictionary!
Government is 'supportive '
'Urgent' meeting
'Advanced' negotiations
'Early' second quarter
Have a ' beautiful' day guys
Why don't they just say no news before June
Haha well some have been sat in this one longer than I have the patience for. I wouldnt care I'm not watching the shareprice all day expecting something to happen but I can't get out of the habit of waiting every morning to see If something drops
It's not just me then lol. TXP have been finishing connection of their gas pipeline in Trinidad over the past 6 quarters
It's as if three quarters make up a year. I'm sat on a handful of aim shares I was expecting something juicey by March!
How most of these aim shares have a different 1st quarter 2nd quarter 3rd quarter of the year to the rest of us. I mean early 2nd quarter news is anything g up to mid May isn't it?
Perhaps they've looked towards Alaska....who knows. Let's get this RNS soon !
may just have to get ready to kick their asses when the RNS rolls in.
ATB
Friday is a big day. We will hopefully get to know what the Matd are planning .
They usually have Facebook liv t th meeting.
If MB I present at least he will explain in English.
Well, just looking at the PC area on Google maps satellite, which is immediately northeast of the MATD area, one can see that PC have made a mess - the time frame for the images may be a couple of years old, but perhaps there is room for improvement in the way these oil heads are deployed, and, I don't know - maybe not spill so much oil? Just a thought.
Action in UB this week ?
There is no detail about what the meeting us about by the way. Just that a meeting is taking place on that day. Her posts are mainly bemoaning someone joining sides with them (poacher turned gamekeeper type of thing?) more than anything else.
Petro China’s 3rd drill drilling a hole on MATDs contract area (not drilled 3 holes). Make of that what you will...!
If you look at the posts of the woman holding up the placard. She refers to a meeting of Petro Matad 20th square on 29.4 and She also reports 5 days Ago of Petro China’s 3rd drill in the Petro Matad contract area.
curiousandcuriouser: Can you post what it says about the meeting on the 29th, I couldn't find that bit unfortunately. That was the thing I was looking for, but at least somebody found it - care to pass along what it says?
I just had a look at her posts using the FB route suggested by TGM and she refers to a meeting inc PM on 29th April. Is this poster and post what people were referring to when mentioning a meeting next week? Anyway good find TGM. Thanks for sharing.
I think an operational update must be due now, there seems to be a fair bit of activity going on in the background so until an RNS is put out it's all still conjecture and speculation, but I do hope something materializes sooner rather than later, I think it would settle a lot of people's nerve's for sure. GLA
I am getting concerned we are getting a head of ourselves on this BB. Somehow we are debating SP and where it is going almost based on an All dancing all Singing RNS. IMO that is very unlikely to happen even the perfect RNS will have the odd blemish which will be picked up by some people but seen through very quickly. What worries me is what happens to share price if we get half an RNS so to speak. ie Either DQE come on board with two wells and no exploration or they come on board with one well and help with exploration in other words they come in but only by dipping their toes in the water. What happens with the hype and over expectation the last thing we need is by over hyping we see this share drop back unnecessarily so just beware of what may come. However i remain hopeful for the whole thing otherwise what are dreams for.
I can't see them stopping the permit.
The representative voted in favour of PM . Maybe the only problem was that locals don't want the repeat of PC .
They don't want to be used and abused so maybe getting PM to contribute towards the locals .
If you look in to it PM has been contributing towards local people and donting various stuff for the community.
These environmentalists com from all over to protest.
Master: So what's causing the delay with the permits, if not local environmentalists?
They were all out when PM got thrown out for not having permit in 2019.
The local representatives actually voted in PMs favour and PM has had few meetings in the past so many months.
I wouldn't take too much notice of that woman on Facebook. She is an organiser and is always posting against PC and other mining companies.
Mullins58: There was 435 shares of the post, 735 likes, 142 comments - keeping in mind Matad district has a population density of 0.11 people per square kilometer. Anyway, for me I'm happier now that I think I understand what the problem is, I was more concerned before when there was no progress and I didn't understand why. At least the lack of progress with the permits is starting to make sense.
One posting on Facebook , not much of a concern
Atb
The ????? ????? text is "Petro Matad" in Mongolian text, the bill board obviously can't cope with the slavic characters...
Seems there is a fair amount of local opposition to Petro Matad, I done some searching on facebook posts for ????? ????? (Petro Matad) and narrowed the search to "Posts" and the date to "2022" and up popped a photo of a lady holding a sign which said "Oil 20th Field is Protesting" in Mongolian and "STOP PETROMATAD" in English... Date of posting was 22nd April, e.g. a couple of days ago!
Judging from the other posts the lady made this also applies to PetroChina... I guess it's becoming clearer to me why progress is so slow to get those permits, local government is probably getting a hard time from the local environmental groups and is holding back the permits as a result... However,
I take comfort from the fact that the Mongolian refinery will be coming online soon and central government will be keen to get the oil flowing to ensure this is well-supplied... Therefore I expect they will be under pressure to change the law to prevent regional administrations from throwing a spanner into the works for oil exploration and production... After all why spend billions on a refinery if you don't have the crude oil to use it?
BTW, If anybody wants to see the posting search in facebook for "????? ?????" and filter the search to "Posts" and the dates to "2022".