The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Velocoraptor - Hamm explicitly stating that we have been promosed production this year is completely incorrect and not semantics.
Of course MB is going to say they all want it online this year. The reality is sadly looking like it’ll be at least next year.
I can't understand that guys are thinking that china is sabotaging theLP process!
Either MATD has lots of oil and can produce oil for years to come which in that case china would benefit too or it doesn't have enough oil and it isn't important and then after a couple years the oil would finish and Mongolia needs to import oil again. Bear in mind you dont have to have oil within a country to have refinery. 98% of oil is exported/imported is raw and is processed later in a country when imported. I don't understand why delaying/stopping MATD would help MG or china!
There is no reason at all. Strong MATD would benefit M and MG and china too. That is the reality. I do believe H1 would be in production soon. Definitely this year as M and MB mentioned.
Again best opportunity to add if you are lucky to get quote.
Velocoraptor-I have listened again with no such promise found, please can you say where in the video?
I did find this: We really want Heron-1 onstream as a priority – as well as all the other exciting stuff. That’s the big target for 2023 – we really want to get that onstream, and we will announce it when we do.”
Do you & Hamm call this a promise?
Ok well he didn't "promise" but he said they want the well on production , semantics my man. They want the well on line and they are working towards that goal. They have until December and I firmly believe they will achieve this significant goal.
Listen again, Velocoraptor!
Because at no point does he promise production this year, which is what Hamm explicitly stated in his post.
Watch again then, it's clearly in the video
Maybe Mr Master should take Mrs Master shoe shopping to help him relax mind from goings on here !
( including some shopping apart time while Mr Master search back streets alone for 'Mongolian regional / local oil production licence shops' !) ....#newtrousersir
Hamm, please can you show when: MG has promised H1 oil production happens this year, as in the latest video I do not hear any such promise.
ATB
Mr Master
"Why don't you wait and find out" Sir it is you who have has complete emotional breakdown on BB 😂
I say relax and focus on investment. Not scream to get rid of Mr Buck. We wait now for "formalities" to be sign. Dot "I" & Criss "t" like Mr Wolverine say. Same as RNS message.
Relax or sell maybe ifthis is not healthy for your mental health sir. I am very relax with my investment.
I say with genuine feeling sir be Happy 😊🦉
Wise. Do not listen to our Billy bull CEO.
Every single interview he will say we would love to do this and we would live to that.
He said They like us to be producing this year but that's not possible. Why don't you just wait and find out.
MB is full of excuses.
Exactly, it's all speculation and bs until we have an RNS so carry in with your lives and look forward to a pleasant surprise soon enough. MMs are hoovering up weak hands so news is definitely inbound shortly
There things happening behind the scenes that us PI's and anyone else outside of the company aren't privy to. Once the i's are dotted and t's crossed we will receive the news. best to switch off until then.
And could bounce VERY VERY HARD! 😏🚀
Could well fall a fair bit further unfortunately now.
This share has been a disaster, sitting on a huge loss (for me anyway). Cant see anything positive coming out this year, hope i am wrong!!
WOS is absolutely right about shifting shares from small holder to fat boy investors.
Heron 1 will be in production within a 2 week workover regardless of weather.
MG has promised H1 oil production happens this year and MB has been there on a mission.
Great opportunity to add if you are lucky to get some quote.
Guys,
Mr Investor
Big Institution BUYING POWER will make it stable stock. Little investor long goneby this time 😏
Mr Master
"July was cutoff point for bringing Heron online"
Why did mr Mike Buck say in interview only couple of week ago that they (Petro Matad, MMHI & MRPAM) commited to bringing Heron onstream THIS YEAR?
Think you know you post false info (but hope genuine mistake by you) & look like by desperate posting today / yesterday you maybe look to BUY back in quickly now with last push of BB complaining 🤔
Focus on INVESTMENT not EMOTION/ DAILY MOVE 🦉💰
@WOS
Don't expect the price volatility to go away - even if and when a positive RNS update comes. In fact you will probably see a ridiculous amount of volatility when it does. And any semblance of ' bad news ' then expect another huge mark down to around the stop levels to allow the MMs to hoover up more cheap shares...
I don't believe that MATD will ever be a nice stable stock in terms of its price action, even if and when the company starts extracting oil. Nonetheless, I am hoping that it will all come good, and production will begin before the end of this year.
MB is brushed to one side because the man is never there to shout about his company. He does couple of interviews a year and Job done.
After spending more than 100mil in Mongolia PM is still not a player.
MB is 100% wrong guy to lead a company which has so much potential.
You can't be a part time CEO and expect everything to fall in to place.
You need to get out and make yourself heard.
Yes Master. It is puzzling.
Chinese top delegates have been in Mongolia for meetings re oil, gas and renewables. Is there a (probably likely) chance they have been demanding more access to the natural resources?
Is MB feeling the pressure and possibility that Matd's strong position to be the major oil producer in Mongolia is severely undermined?
MB let slip a shift n his rhetoric in renewables when he stated in the last interview that the main reason for MATD to enter renewables was to provide power to the pumping sites. Hang on, I thought we had strong connections with MG to access and be a major player in the drive for 30% renewable energy supply in Mongolia! But the Chinese are in the country with real investment money and companies able to throw everything up for renewables very quickly.
So I feel that MB is not as sure and confident on his dreams as he perhaps was!
We will see. But he is now under real pressure to deliver and get this business off the ground before the opportunities dry up and go elsewhere!
Hamm - are you a bot? How do you know MB is “on a mission?
Which broker do you use?
July was cutoff point for bringing heron online. We can all forget oil this year.
MB is still chasing paperwork and not even got contract signed with PC. Which is puzzling because surely this needs to be done before we start working on heron.
Absolute bargain price.
RNS = workover in 2 weeks = retate, double digit.
MB is still in Mongolia on a mission.