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Could it possible be that it cannot be approved until LP is approved π when LP is approved they can confirm dates and resources etc
.......and put it all in one big RNS and watch the re-rate!!
Extract from RNS 5th Dec 2022:-
"Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have continued and a contract for a multi-well development drilling programme is in the final stages of discussion. The contract envisages a reduction in drilling costs and deferral of some costs to allow a portion of the drilling expenditure to be settled from future production revenue. The contract still needs to be finalised and agreed with DQE and then with MRPAM, but the cost reductions and payment phasing could significantly improve project cash flows and overall asset value since the largest portion of the Heron development costs are drilling related. "
Then:-
Extract from RNS 14th February 2023:-
"Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have been completed and the contract for a multi-well development drilling programme is with DQE's head office for review and approval after which we plan to seek the approval of MRPAM."
As soon as the fund released and land access secured MATD will be a printing machine.
Welcome to reality.
Hamm - rumour has it the Governor of Dornod has taken a sabbatical for 2024... :D
It has already been a couple of weeks since compensation money paid and waiting to be approved.
A week or 2 max is my guess. RNS will rolling then after. One after another.
Massive potential for investors.
Researchandhold said//BP is like a stain on humanity//
Hamm - I will make the same bet with you that WOS refuses to take:
If the SP stays above 5p for at least a week after the LP/RNS lands I will stop posting. If it doesn't you will stop posting.
It is tedious but it will come. Last episode. Any day.
Worth waiting.
Serious rerate.
How many more ministries does this need to go to Finance ministry latest one . Only Ministry of Silly walks to go and we should finally cross the line
The Dornod Gov is busy paying the herders compensation π
Very SOON πheader says all
You need to go to specksavers
If that is the case why are you here?
It is an irony, isn't it?
You guys the nayers know what would happen when the news comes?
We are gonna be rewarded handsomely.
Seriously multi bagger. It is as clear as day light.
....any day now... ππππ
Fact RNS in the next 10 years
Either you are invested and have faith in the company or you are not invested and has no faith then no need to waste your 'valuable time' here!
Thanks to WOS with all his research/input.
Sentiment shifting fast and FOMO will kick asa we get the last hurdle removed. One signature and we are on the way.
Great timing to add or get in.
Fact RNS anytime guys.
WOS stop saying any day now you have said the same thing all last year its getting boring your the same as all off us we no NOTHING OK
To me it sounds as if Landicams is talking to himself.
The only abuse is the long wait for the land permit and Matd have still not gotten it after so many years
Researchandhold said//BP is like a stain on humanity//
//H1 has been already prepared for oil extraction.//
No it hasn't. It's been drilled & capped.
Every day we are closing to the final signature.
Guys who doubt about that should read RNS again.
H1 has been already prepared for oil extraction.
The opportunity is massive guys.
Header say all & when you read BBs you understand why lot on small investor lose money lol.
You have Mr PatShare give advice but he lose so much on HE1. Yiu have other poster here who get wipe out in COPL.
AIM full of gamble with investor who take little pot here then little pot there always running.
When I do research I understand how special MATD investment is & position of Petro Matad for massive growth / shareholder value.
People talk "if this does not happen in this week" or "what if it take few day longer" - they MISS point.
- We have company fully funded to start OPERATIONS at beginning of drilling season to move to FIRST REVENUE.
- JV partner discussion for FAST TRACK / LOW COST full field development
- Full Field development 7,000 -9,000 bbl a day
Will not even need to mention other areas like RENEWABLES but think company will look for fast develoment with JV partner / Revenue / Fast Maiden Dividend (possible) to give Petrovis ROI
When you look at bigger picture / important points will understand strategy to build up large holding as possible & ignore little investor "yap yap" which show more lack of investment analysis maybe.
(If person think will not have operations / revenue 2024 then do not buy - why even here).
Can understand timeframe with Cabinet Approval and multi party compensation negotiation for Herder Agreement - now all SORTED money transfer (already in account) should be any day - then RNS!
Focus on investment π¦
Could be for a number of people that track π GLA
ππππππ
This board !!!πΉπ€‘
Abuse Pat? You're entitled to your opinion the same as everyone else.
You didn't call HE1 very well though and I suspect you haven't called this one any better.
I'll just sit back and wait for the abuse to pour in now!
Don't expect a reply though π₯±