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Aspers totally understand ref UKOG - this should of made you loads - hoping with the current situation it will come good for you - also apologies for my outburst at you - think we all suffer with bouts of frustration and this share definitely bloody frustrates, and I would presume the same goes for Manro as I believe he was in the same position with a previous stock. I have plenty of patience but I must admit PM has pushed me to the limit - especially when you are waiting on news and you see that RNS land and you think yes at last and the lack lustre wording even if a positive RNS just deflates you - where's the delighted wording - when DQE showed interest - anyway hopefully they have learned a lesson and the next RNS is positive. GL and ATB with UKOG and everything crossed for MATD
Solid looking book atm, cusp of the next push back to 5p ?
Good late buying yesterday held above 4p and some nice big buys feel we will have a solid blue day today One day closer to news
Dozza………..sorry about my negativity but being involved in UKOG for the past couple of years may explain why! At the moment you can buy 40 UKOG shares for the price of one MATD and they are probably closer to producing oil than here. I still see this as over priced but my biggest concern still lies with the rambling statement of the last RNS that said lots but also said nothing dependent on either your positive or negative views.
Meant to say MB should be gone if it doesn't happen this year and it's WITHIN his control
Hi Manro, yes it was mentioned by a few on here a few years ago about the £1 party. This was before they found oil !!!
Ref your comments on MB I beg to differ on this but respect your comments. I do believe a lot of obstacles have happened over the last couple of years which was out of control of any CEO, I do agree MB needs to be more enthusiastic when he comes across in interviews and RNS's have been worded poorly, but my judgement on MB will be at the end of this year. This is the year I believe is the best chance and position that PM have been in, MB needs to show his credentials and prove to everybody he is the right man for the job.
Aspers - as above if MB pulls this off this year there IMHO every chance that the SP could hit those dizzy heights. If MB doesn't then who knows what the SP will be and MB should be gone - that's if the reasons it doesn't happen are out of his control. As of now I am backing MB to pull it off. And a prediction for you - not ramping - PC will buy out Block XX and DQE will JV with PM on Block V - now I have just woke up - hopefully it's not a dream !!!
Nice delayed £20k buy at 4.08 bodes well for tomorrow, fingers crossed for a blue day!
Good evening Dozzawba, as they say, blessed are those who believe. I will be very glad and sincerely wish your £1 party dream dream come true. I always treat people with trust until start to realize that they don't deserve it. MB turned out to be just like such one for the simple reason - he began to chatter. And not about something specific or important, but in general and practically about nothing. To me, as an entrepreneur with pretty good knowledge what does mean a successfully managing business, his leadership style suggests that he was not, and never will be, a good leader. If MB were a really skilled CEO, then £1 party could definitely take place yet 3 years ago. But now I don’t believe in it at all, unless this chatterbox-traveler is replaced by a person who is really passionate and even obsessed by his job.
Dozza…………….£1 FFS, anyone with any sense will be long gone by then. Most will bale should we ever see 10p. My balls have been burnt too many times before by these AIM oilers and miners. Sometimes I just wonder why I ever bother.
The Deputy Prime Minister of Mongolia S.Amarsaikhan met with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to Mongolia MPSingh and representatives of JMC Projects India, the General Contractor of the Petroleum Refinery Project. exchanged.
JMC Projects India would like to express its gratitude for the urgent need to resolve the issue of essential goods stuck at the Chinese border during the implementation of the project. is required. He also said that the project will be completed without delay, despite the difficulties caused by factors such as transportation and logistics and rising prices.
Deputy Prime Minister S.Amarsaikhan said, “As you know, international transportation is slowing down due to the global situation. The government is focusing on freight transportation by all possible means. Currently, we are importing goods not only through Zamyn-Uud, but also through Gashuunsukhait. ”
However, they agreed on the next phase of the project and stressed the importance of resolving the issue as soon as possible, starting work quickly and completing it on time, according to the Government's Media and Public Relations Department.
GLA
Hi Manro only trying to be of help. I assure you differences apart - imho - I'm not ramping - imho - fingers crossed - well everything bloody crossed WE WILL have that previously mentioned £1 party in London someday soon - see you there - ATB
Dozzawba, I know that you are not an idiot and most likely honest LTH. But your post is really idiotic because via such links nobody will give you any proper answers to your specific questions except common la-la-la ...
Besides, you are providing his office phone number in Mongolia which firstly he never picks up himself and, secondly, while he is sending you greetings from Italy. So, its looks like you are overstressed from the PM and probably need to rest and distract yourself with something else.
Here you go master and for all others - ir@petromatadgroup.com.
I always email them on this link
Or there's Shore Capital on 0207 408 4090
Or there's Arden Partners on 0207 614 5900
Or there's FTI Consulting on 0203 727 1000
Or Mike himself on +976 7014 1099
All info available at the bottom of each RNS
Hope this helps
MB is hide and seak all over the world!
Please feel free to guess where MB is now.
Anywhere BUT Mongolia.
Go ahead master: Be my guest and take the lead!
(But once again just talk, just talk).
I think investors need to put pressure on MATD to let them know we care about our investment and we are not here to fund lifestyle of our ceo.
Ibiza28, the last presentation wasn't just poor, all of my questions were ignored. If somebody remember the very last AMG of the company in London? before the covid, this empty-breezier swindler has specially appointed at 9.00, so that as few shareholders as possible could gather. And even myself, living in the 4th zone of London, could not get to the venue due to a failure on the railways that day.
master82A,
a red cow can never change color. The best solution would be to have MB removed by Petrovis. Otherwise, nothing else except perhaps another unpredictable surge in stock prices, followed by a sharp drop, should not be expected.
This is the thing MATD was wildcat exploration, you drill holes and the COS is normally pretty low. Chance of failure high. So we MATD drilled holes and got dusters that is not MB’s fault it is oil exploration. It’s the game. Even ADV’s 95% COS well (re- entering an established field) did not work out. That was inherently less risky than MATD’s dusters.
But MATD did hit oil. So I’d argue that is not millions wasted. MATD has success where many companies do not.
MB has also managed to get the exploitation licence.
To me he has been successful. People will have different opinions.
Master82, well said. %100 agreed.
Blame MB .
Over the years MB has made bad judgement and hence we are here.
30mill blown in chasing dusters. It is business sense to drill appraisal well first and then try and chase other unknown territory.
He messed up with no paperwork when drilling heron and gazelle. Which cost a fortune and wasted time.
Because of MB and his organisational skills we are still waiting for all sorts of agreements when there's limited amount of time before season starts.
He is the reason why our investment is in a ditch for the past few years.
Personally i think MB might just have chosen that time because of the presentation to have a short holiday and the presentation date timed it all nicely. The presentation was around 7.00 i think it was that MB was on which with a 7 hour time difference to Singapore or Mongolia would have meant presenting at 02.00 in the morning his time. I do not know about you but after a days work i am far from my best 02.00 in the morning and the performance of the presentation would have been poor and then everyone would complain about the performance and presentation. I think he just timed the two together so that the presentation was 20.00 Italian time.
master: Bashing MB just for the sake of it just doesn't cut the cake.
So if you actually know something, then come forward with it. How do you know what he's and how he's doing it? You're just like Hamm: Bashing for the sake of it (who picked up the "Italy" issue 10 days ago - and knows nothing more since then). Give this BB a break.
On paper this is very good opportunity but we have a ship without a captain.
MB needs to be back in mongolia and start interacting with Intrested parties and show the market that he means business and not just a blabber mouth.
So far Not exactly going to plan.
FA posts are a good reminder and summary highlighting the MASSIVE upside ahead. Negative posters are on every board. Just need to focus on your own Investment strategy whatever your entry/ exit price might be.
Too much pressure building here in the cooker.
At some point the lid will be well and truly blown off. With very few shares in issue, this really moves fast when on the go. Some are pretty lucky to still be able to get in sub 5p.
DQE updates on both Block V and Heron could provide that trigger / spark to light the fuse.
One of the most "Undervalued" stock on AIM.
NO DEBT
$10M CASH in bank
HERON oil production to commence soon
Block V - Massive Exploration upside with working Petroleum system and similar geology to Block XX
Heron oil to be benchmarked closely to Brent crude ($122/bbl).
Target production 6000 - 9000 bopd range.
Explosive Upside from Block V with potential few Billion barrels untapped oil. Velociraptor would kick things off nicely there.
In next 2 years i fully expect this to be closer to £2 per share or higher.
Each to their own.
IMHO, DYOR.
April's around the corner. As Delia once said, Let's be havin you.