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Hahaha as expected. Thanks for making my day again.
So 7 years: 107 - 287 mio shares ( 09-16)
So 7 years : 287 - 1100 mio shares ( 16-23)
You spot the difference? ;)
And now most important ... next 7 years... with more good sounding opportunities..Renewables!
Did not say next 6 week even if this happen before AND can happen again with large Buyer entry to major step development progress.
Will keep my OPINION to next 12 month timeframe just to stop nit pick & focus away from INVESTMENT!
I help you with research mr Professional because think all know you like little bit of disinformation yes?
- x 3.47 more share in issue now (287,494,775 v 1.1bn) approx
Oil price - about $74.5 bbl now / then about $54.25 bbl
Then no where near PRODUCTION / REVENUE - now moving into Production / revenue AND with DQE partnership on table for LOW COST / FAST TRACK
Then all rest of things
Reason why I pick MATD as main holding from all other Aim gambler stocks. Also reason I build up holding level & keep focus on INVESTMENT.
I have full confidence last push to 33p+ will be easily pass in next 12 months - my opinion!
Be WISE 🦉
'Professional' Aka Prat
Not everyone is as stupid as you make yourself out to be Stop being silly quoting figures to fit your agenda
As you know the rise from 3p to 33p didn't happen in 2009 as you've tried to make out so the facts you state are totally misleading as are many of your posts
If you are going to quote facts then you should put them in context.
As a result of this post and previous ones you have NO credibility on here
"Mineral Resources and Petroleum Authority of Mongolia (MRPAM) accepted that Petro Matad would make these payments. The money has been paid into the appropriate MRPAM account and is awaiting transfer to Dornod Province once the Ministry of Finance gives approval for this to go ahead. The mechanics of the transfer have taken some time for the Government to determine but we are pushing and expect this to go through soon."
How soon is soon ???
Rose From 3p to 33p+ (max 38p) happen around Oct 2016 - Jan 2017 with little push higher thru Feb/March.
Maybe recalculate number of shares sir!
Now we have full field development target 7,000-9000 bbl a day & HIGHER OIL PRICE with all other development have not even mention in this post because understand need to keep SIMPLE!
Why you think I BUILD UP holding & IGNORE little price move in meantime - be Wise 🦉
Yes Pro. A true assessment of fact, but also to be balanced with a much larger potential prospect of real value. So I feel the company has a larger earning potential that is also a ten fold multiple. Therefore I believe the uplift potential is SP isn't diminished at all even after the dilution of shares through the raises.
We will see.
So 3 p today is already same as 33 then... Just saying ...
DYOR.
When poster mention such hard rises before like from 3p to 33p in just few weeks this same principle apply. Difference is few more share now but also MUCH (much) better position from what I see.
Few more shares:
end 2009 ... 107 mio
Now.... 1.1 BILLION so 11x number of shares.
Placing after placing after placing
Herder says all! (Sorry, couldn't resist!)
SP looking so inviting again.....!
Mr n1shares
Price move on VERY low volume and can easily be just single holder as we suspect in past.
With company making news we expect "soon" then this will work FOR holders so not really major problem for investor.
When poster mention such hard rises before like from 3p to 33p in just few weeks this same principle apply. Difference is few more share now but also MUCH (much) better position from what I see.
Yes we will always get nit picking post on discussion from trader who look to play BB but always best to focus on INVESTMENT - this tells all really & take BB poster opinion out of picture.
Difficult to build up holding level without moving price also which is why I have built mine over months & very please with this 🦉
Facts:
2023: -21%
2024: -15.9%
Fundraise coming for renewables? More delays?
Tic toc
Cannot understand,Volume low with very few buys.This must be one of the best buys on the market at the moment.This time last year the price was several pence higher with no news .The final signature is just a formality and once this is done the share price will go into orbit and this could happen any day and as each day passes the day becomes nearer
Header says it all
Volume up
Dyor
Header say all and go past BB nit pick 🦉
Drilling season is drilling season. We all know this (sensible one anyway).
What we look at is all multiple RNS that follow next big one coming soon re: final LP access permission after cash transfer to local authority.
Easy to understand 🦉
Researchandhold said //BP is like a stain on humanity//
//following a steam driven snow plough//
There is very little snow in Mongolia - too dry. I would be surprised if they have any snow ploughs, steam driven or otherwise.
It's down to minus 30 now at night & for the next couple of months so no activity at Heron even with the LP.
Panic not, I am informed that FUJITSU have installed the bank transfer software and if there are issues the cash will be taken to the herders in saddle bags carried by yaks following a steam driven snow plough. I,d say mid April.
I learnt something this morning "PIDGIN ENGLISH - Pigeon English is a novel by Stephen Kelman." Thanks for that
BP. Thank you.
One of the most educational posts on this BB in the last year! I didn't know the difference between pidgin having always thought it was pigeon like benjamincp.
Re SOON debate re the hopeful confirmation RNS for the LP and expected sp impact, I still hold that soon should be before the end of February. I am not worried by the day to day situations, just wanting and waiting for the red dot.
IF this doesn't happen by easter at the latest, then fear will start to creep in due to elections and potential stalling manoeuvres and this would worry me a lot.
I believe we are in the right place and nearly ready to go. Let's see.
Prof.
The LP brings the RNS which brings the share price re-rate and brings about the Heron make over which brings about the oil that brings about the money that brings about the Heron Field development which brings about more wells which brings about more oil that brings about more money that brings about the purchase of more land for further oil exploration and renewables.
Simplest.
Has no one told you the plan?
Where you choose to get off is a hard one to call.
- Post about other company developments - 7th Jan 07:02
- Think anyone can see if I was trading my posting maybecwoukd be bipolar like some it I would take non posting deal offer by some desperate one here. Investment case only get stronger so my view does not need to change.
- Back to company talk again. All know how Local Governor did block Petro Matad before (if you do not source: dornod.gov.mn/index.php/n/268)
For M Badamsuren to make post now (when he RARELY post) where he put that actually Gold mining is biggest problem (not Oil) - tell me he making way for Petro Matad announcement after opposition before.
How soon is "SOON" from Dec RNS and with RNS expected to be COMPANY MAKING one.
(Very) SOON I think!
Keep focus on INVESTMENT and not what desperate trader want - think all know by now he looking to get back in before immanant RNS.
Enjoy day 🦉
Researchandhold said //BP is like a stain on humanity//
My assumption is that not all posters have English as their first language - hence some of the odd spelling and phraseology (which I usually ignore).
PS I think the correct term is PIDGIN ENGLISH - Pigeon English is a novel by Stephen Kelman.
It me, or is there a lot of people in here who write in pigeon English?
Mr Ibiza the answer is simple and i think you know as well.
The ONLY reason not to talk about other business now is for own selfinterest of the rampers.
At the moment nobody cares about anything but rns about LP.
The hope is that SP will go up when it at last lands and they then want to sell again (like probably most "investors")
At that point they need a new story to withhold some people from selling so they can. That will be the time to start speculating about other parts of business.
Stick to your own plan. Dyor