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Wouldn't it be great if MB answers all the doubts the naysayers have tomorrow.
We may end up Blue today in anticipation of good news.
I am a LTH of MATD. Currently I own 700k at an average at 5.2. I have never been to Mongolia. ATB
https://www.ogj.com/drilling-production/drilling-operations/article/14234638/elixir-begins-2022-drilling-program-in-mongolia
Spudded Feb '22
https://www.marketwatch.com/investing/future/brn00?countrycode=uk
Guess your the guy that makes Spanish ommlettes,
Are you talking about the “Mexican” at the bottom of the Regency or just finishing ?
If you were fishing you might even remember the Cuban over the road when it was there all those years ago.
So Spainish what has a Mexican restaurant in UB got to do with oil drilling? Or am I on the wrong profile, or part there of?
The words were in the post Ojay.
Read them !! Join the dots up. You seem half bright, I am sure you will manage buddy.
Well Spainish: With all your experience which - as you claim - is supposed to be extraordinary you should be able to enlighten the investors on this BB a bit more than what you have delivered until now.
If you're the big gun you claim you are give us more insight and particularly tell us where you get your information from (working in Mongolia per se doesn't cut the cake).
Blackhopper
For your information I did seven winters in Mongolia running the biggest engineering project in Mongolia as the Executive Director.
Your ignorance attached to your pathetic arrogance demonstrates a clueless investor who only is interested in his own narrative and what he wants to hear.
You have no clue what is happening with Matad in Mongolia and are another ramper with four brain cells of which two travel in a different direction to the other two.
I still work in Mongolia but again that’s attached to billion dollar projects advising the biggest “client” in the country as a senior technical consultant.
Your own dumb posts attached to having no clue what is really happening unfortunately demonstrates how thick and clueless you are.
Sometimes it’s better to keep your mouth shut !! Unless of course you know what you are talking about !!
Have a beautiful, great, wonderful, fantastic etc. week ahead Hamm - you deserve it.
I agree with the die hard guys the potential is massive here. It is like euro millions lottery but the chance is near zero too!
After months of the so called ' advance talks ' nothing happened yet! Please tell me what are they talking about? MATD is paying the rigs guys, the rig guys drilling! Simple. What is the problem?
No drilling this year or next, always excuses. That is MATD period.
Guys stop talking nonsense. Above all MP and FA. please stop embarrassing yourself.
Last chance to.be out guys.
Have a beautiful week ahead all.
IMO this share price is being surpressed at the moment by world events but previously by MM;s so when this does lift off as other posters have suggested it will rocket. What generally happens when you suppress something too much is that the explosion is far greater than it is meant to be. So i would not be surprised if this share goes way above what we would expect for a very brief moment in time and then fall back to below what it should be and then settle at around a comfortable price. The secret is i reckon to know your limit and get out on the rising market and if you are very lucky you might be able to get chunk back on the bounce.
Q and A session on 8 Mar after the presentation would be interesting.
ivans, spainish, badprophet.... proper dumb posts today!!!!! EPIC. You made me laugh in this glum world!
The rigs in Mongolia and not 'winterized'.... do some f ing research ffs. It's f ing freezing there. All the info you don't want to digest is freely available.
How's the oil price looking??? Hmmmm. When this goes it will ROCKET. Looks like some wanna keep it here for a while yet but it is just a matter of time....
Bear in mind that once production does finally start it is only the drilling of new wells that stop for the winter, production will be all year round. GLA
Unless we get a RNS tomorrow or Tuesday morning the presentation will be nothing new except maybe a bit more clarification. I Reason is that all price sensitive information has to come via a few days RNS.
I don't know I don't live or work out there. I just believe matd when they say operations are suspended over winter due to harsh conditions and will generally pick up again in May /June time.
They've been doing this for many years and it's the same every year.
RNS of 25th “……the parties have set up a working group to determine urgently how such a cooperation would work..”
Now we have a Presentation on 8th (close of business)
Why have such a presentation unless it’s to announce some more than was said in the RNS update which itself was timed to appear before the AGM.
I’m hopeful we’re about to get good news
What's the issue with cold weather? Surely if they can drill in Alaska in winter & in the depths of the North Sea a bit of frost is no big deal.
Well it's currently -9c in UB with a high of 8c forecast next couple of days, so I guess you could say its well above freezing.
However it's due to get down to -20c over the next 10 days with highs well BELOW freezing so it is quite clearly not drill weather yet.
They are not going to rush operations and risk bad weather when they can begin in May/June time when weather is much more calmer and Walmer.
I think you will actually find you can drill from March onwards. Presently temperatures in UB are well above freezing.
My point was if the rig contract was finalized you could start drilling the end of March.
It is quite funny when derampers keep saying MATD is not a oil producer yet !!!
We know already, that is why its @ 4p currently and not 40p plus.
If we were producing 2000 / 4000 / 8000 bopd and selling @ $100/bbl already, we would be priced at many Multiples.
Re-rate comes from future outlook over next 6 -12 months. MATD to become Oil producer soon plus got all the massive Upside from the Block V exploration starting with 3 raptors each being a 200 million barrel prospect.
Once DQE is on board, we could see Velociraptor also drilled this year. Just cannot be on the sidelines in my view. Very few shares in issue, moves fast this one. lot of shares in sticky hands.
What are we hoping/ expecting to hear from the various updates and news releases coming up soon?
Hahahaha pmsl, some got very lucky buying under 4p and still are buying at these prices, once dates are in and we nearer drilling this will be double digits and with so much more on the burner this will way too high for some people to even deramp it lol.