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No earlier than 2028
This board is just congested with name callers and fantasists.
You can decide who is who but another filter applied to save a ship load of drivel..!
Mr Doc
Read back post. Think it expose you and now you say you just being sarcastic lol
Be Wise π¦
WOS, you could never upset me. I know you all the way back to your your Parsley Box days and your PhilipTan account - scum of the earth.
As for me just reading your research, you clearly don't understand sarcasm!
We are going round in circles on the new blocks. The point is, it doesn't if we aren't exploiting them until next year. The fact is we have to budget for them. And if the budget plan is "Heron will pay for it" then Heron had better be online quickly!
Mr Landicamaans - "I've lost 8K in this fiasco" (EQT) - 8th Jan
You also now lose 50% in share you jump in AFTER you come onto MATD board to tell holders how stuppid they are to hold.
Usually I feel very bad for ANY small invetor who lose money. Most hard working & only want to support family.
You mr Landicamaans just show how boaster get humbled and no wonder you sniff again around MATD investment after such bad losses in other investments while taunting holders here.
Think it is you who are upset one sir lol
Will get back to sensible discussion with serious investor / reader of BB. π¦
- Mr Doc- you say you do NOT need to research because you read my posts and this is enough!
This is fooolish and please go direct to source & DYOR and listen to interviews.
- They secure New Blocks because they will develop them. This is OBVIOUS or why get new blocks? Does not mean they will do that this year - DO RESEARCH - VERY CLEAR!
- You say Company strategy not worth anything until Heron online. LOOK AT HEADER! Understand now?
- Point about your Aim gambles elsewhere speak for itself and link into Risk profile here I speak about often.
When I read thru your post mr Doc it make lot of noise but have no substance sir. Will recommend all read and see for themself.
Sound like I upset you with truth Yiu Do not like π¦
"Will not do what you do running here & there for quick gain like you do with COPL where you get wipe out."
WOS, why can't you just answer the questions without insults? ;)
Methinks you are either a) not so confident as you like us to believe or b) trying to deflect from the fact you have been wrong wrong wrong so far!
Let's pick the bones out of your last post:
Mr Doc - unresearched BB poster would say this sort of thing like soundbite They pull out of dark place. UNRESEARCHED? BUT I READ ALL OF YOUR RESEARCH, ISN'T THAT ENOUGH?!
If you look at OFFICIAL company position and interview you will understand Block XX is priority. OF COURSE. BUT THEY ARE STILL BUSY SECURING NEW BLOCKS, WITH A COMMITMENT TO EXPLORE THEM.
Petro Matad did not set new Block Tender Process timetable - new Block available and Petro Matad secure this - simple! MY UNDERSTANDING IS WE WERE THE ONLY ONES BIDDING?! SURELY MG/PM COLD HAVE DEFERRED THIS UNITL AFTER HERON WAS SORTED? OF COURSE, THEY MIGHT HAVE HAD REASSURANCES (AT LEAST I HOPE THEY HAVE)
Petro Matad have great asset and very good strategy for growth using production revenue - this is why I am confident with bigger position here rather than so many sillly Aim gamble stocks. THEY MIGHT HAVE A STRATEGY. BUT IT ISN'T WORTH THE PAPER IT'S WRITTEN ON UNTIL HERON IS ONLINE.
Will not do what you do running here & there for quick gain like you do with COPL where you get wipe out. WOS, DON'T TRY TO DEFLECT JUST BECAUSE YOU ARE GETTING FOUND OUT AND EXPOSED HERE! BUT ON COPL, THERE IS HORRIFIC CORRUPTION THERE. DON'T BE TOO SMUG - AS WE KNOW, MONGOLIA IS FULL OF CORRUPTION SO IT SHOULD BE A WARNING FOR ALL OF US HERE OF WHAT CAN HAPPEN AND HAS INDEED ALREADY HAPPENED WITH MATD THESE LAST FEW YEARS.
Maybe you should spend time there with your constant moaning lol. I CAN AND DO!
Be Wise (and do research) π¦ I'M WISER THAN YOU... YOU THINK THIS IS A DONE DEAL, 50p MULTIBAGGER, LOL.
More importantly, prior to the cash raise last February, which was I understand mainly for the purpose of drilling Velociraptor and also the renewable projects, the company had sufficient funds to run as a going concern until July 2024. That's only 5 months. Time is now of the essence.
Some unanswered issues on my list.
Where is the signed agreement? Why the ongoing delay? Has anything changed since the relatively upbeat of "nearly there" in RNS of 18th Dec?
In fact, where is the Dornod Governor? Has he really gone awol as per fb reports some have mentioned on here? If gone awol AFTER signing the agreement and contract, then where is the updated RNS to confirm this?
If he has gone awol BEFORE signing, is there anyone else authorised (and willing) to sign the docs in his absence?
What's going on? π€
Mr Landicamaan also get wipeout in couple of stocks after he come here jumping about like lunatic (lol) telling holder how stuppid they are to hold MATD stock.
Do not think he smiling now with so big losses after boasting do much.
I just hold here, build up position when I can & trust my research - simple! π¦
Mr Doc - unresearched BB poster would say this sort of thing like soundbite They pull out of dark place.
If you look at OFFICIAL company position and interview you will understand Block XX is priority.
Petro Matad did not set new Block Tender Process timetable - new Block available and Petro Matad secure this - simple!
Petro Matad have great asset and very good strategy for growth using production revenue - this is why I am confident with bigger position here rather than so many sillly Aim gamble stocks.
Will not do what you do running here & there for quick gain like you do with COPL where you get wipe out.
Maybe you should spend time there with your constant moaning lol.
Be Wise (and do research) π¦
"Focus is on Block XX so that company can get PRODUCTION REVENUE which ooen up all other developments - very SIMPLE and why this is such TRANSFORMATIONAL RNS we wait for."
WOS, it looks like MATD's focus is on securing new blocks BEFORE we have extracted a barrel of oil out of Heron!
Maybe i am mixing stories... i thought ended with a courtcase ( ruled by Athene) which was one and yes pacification of the furies;)
Cant remember House of atreus... thought that was Linked to tantalus... nightmare again tonight i guess
You mean, with the end of the curse on the House of (M)Atreus and the pacification of the Furies? π
Aeschylus lets see if this tragedy resembles oresteia?
I still sometimes get nightmares from having to read his work at highschool ;)
Mr Do - "WOS - if we are applying for new blocks and potentially being awarded them, then MATD would be committing to spending money to explore said block, be it now, next year or at some point in the future"
OF COURSE!
BUT
Focus is on Block XX so that company can get PRODUCTION REVENUE which ooen up all other developments - very SIMPLE and why this is such TRANSFORMATIONAL RNS we wait for.
Research help a lot to understand this basic things about investment & why New Blocks cannot be develop so quickly.
Be WISE and use time wisely to RESEARCH - then you will not be expose I er simple things! π¦
Thanks dozzawba for that signpost. Mych appreciated.
But at the end of the day the nationality and domicile of a company are both determined by its place of registration.
https://www.lexisnexis.co.uk/legal/commentary/halsburys-laws-of-england/companies/117-nationality-domicile-residence-of-company
MATD next to do 150% rise maybe more depending how soon we start producing oil,
From explorer to producer, big change
It's time we stopped with our soft underbelly and take these bar stewards to court we are clearly being taken for a ride with lame excuse after enough. Let's put an end to this once and for all tired of waiting. Loving the shenanigans in HE1 at moment .
Aeschylus, please see below which is on the www.petromatadgroup.com website. Check out the About Us and History section.
July 2005 - Petrovis LLC established Petro Matad LLC, which then successfully signed Production Sharing Contract on Matad Block XX with the Government of Mongolia
You can then read through the timeframe from above to the current date
Gbp . He1 doing 100% in the past days..i wonder if PM is going to be back above 10p. License to print money cant be far off.
GOVERNOR in hiding . Has he signed paperwork?
Maybe "notable" should read NOT ABLE though! LOL. π π
Researchandhold said //BP is like a stain on humanity//
No I'm saying that if the definition of a British Company is one that was incorporated in Britain then PM is a British firm.
(maybe "notable" should read NOT ABLE though! LOL)
Thanks BP
So are you saying the header description on LSE (Petro Matad, a notable British Firm) is incorrect?
If so its misleading and should be taken down!
The reason I ask is that I've been informed that this petition below is nothing to do with Petro Matad as it relates to foreign use and possession and only for contracts/agreements terms of 100 years.
But it looks like Pm IS classed as a foreign company, to all intents and purposes, ("a notable British firm") and no one, as far as I am aware, has had sight of the draft land use contract or the tripartite agreement for the special licence, so we don't know the term of years the use will be granted for
BUT if it is for 100 years then this petition may well in fact relate (amongst others) to Petro Matad.
Im only interested in sensible discussion based on sound principles. My post is simply a question posed and not a statement of fact, so no shout down accusations of 'misleading' anyone required. Thank you.
Application
The use and possession of foreign nationals in the territory of Mongolia for the first time for 60 years, and for a total of 100 years with an extension of 40 years, is contrary to national security, so we are demanding changes to the relevant laws.
https://petition.parliament.mn/Detail?id=4b6ef5d2-0582-4a79-9906-3376ea53d42b&fbclid=IwAR2wKTGPB9t2Sk8OMbTAH8UVfopN0z6Z8524c6VNWA66ySns_-EFfciBfhg
Researchandhold said //BP is like a stain on humanity//
PS - some of the "activists" seem to think it's CANADIAN!