Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Successful investior will not be cry baby ð
So many chances were missed. Copl , PRd and iog.
Money been stuck in here for years and we are literally being taken for a ride.
Pass the parcel
Big move likely to happen so deff dont want to miss out
This is VERY SIMPLE mr Rookie.
The only person who is an *** as you say sir is one who hold share and say NO production until refinery built. This person should find other investment BUT they do not Lol.
Maybe this say all ð
Timeframe I say PLENTY of time is Q3 2023 for operational start & multiple RE-RATE of price. You do not want to wait then do not. I will not take risk of RNS release & not holding.
Be happy but not "***" to hold share if you think something different ð
Because we waited first for Licence, then LP, this even now has MG special national important approval, but yet here we are still not got LP! So you being an *** still singing in high praise, how long before in become unacceptable in your eye?
WOS, how long a wait in your view is unacceptable?
Only ones who say Mongol Govt holding things up is some posters on BB. Only ones who say Locals holding thing up is same posters on BB.
Official source say Mr Buck in talks with service providers for completion of for production of Heron well.
Ones who say Mongol Govt do not want Chinese & wait for refinery do not understand basic Economic I think.
Mongol Govt does not think in petty way like BB poster and understand simple truth. Longer the wait the more REVENUE will be lost to Mongol Govt from Production Sharing Contract.
I do not post often on BB now but sometime shock by BB logic LOL.
MATD cash until AT LEAST July 2024, going from Explorer to Producer and some BB posters want to play game with investors ð
Be Happy & focus on investment not BB gossip
Does anybody care? Congratulations anyway.
BTW - I sold my shares in COPL for a 90% gain so I no longer hold those either. Ta very much.
Many thanks Ojay
Yes: there are a few potential scenarios that could work out well for PM shareholders, including a possible takeover of PM, however unlikely that may seem at this point. PM is not in control of its destiny and the economics of export to China may not be attractive in the short term ; moreover, MG has a problem with its refinery scheduled to come on stream in about three years with insufficient domestic crude oil supply. This situation lends itself to an opportunistic takeover of PM.
Oh man! Why don't you guys just leave it up to the PM people to do their job. Or do you really think that your posts will make any difference?
If you want to (try to) make a difference: Go to the source and place your concerns there!!!
Well Geo.. whichever of the ramp crew you are, its simple. Anybody that isnt in your gang of happy clappers is rounded on as either not invested or 'trying to get a lower entry point'
Since 'soft' lp announcement - meaning still no rights to extract any oil, this share is just pumped and dumped while not breaking the 5p mark since last rns. .
Whilst i would love my shares to multi bag here, any movement up from 7/8p will see massive selj offs (if it ever happens) because if you sift through the thousands of owl turds, you still wont find 1 barrel of oil. So yes, boredom of waffle from you lot of daydreamers.
Corpse you haven't a clue do us a favour and research thoroughly before posting. Another on the filter list
Mattpr1
2 negative posts from you in short space of time ... why bother posting your opinion if you're not invested and think you are not likely to invest ? Seems several posters on here have same problem as you do ... Can you explain why you actually do this ?? Boredom perhaps ?? You're not well ??
Pilsbury, then we have something in common. I know Heron is producing but not enough to support PM, hence last fund raise of 6M$. It was a shame last well was water, could of been a turning point. If you get the agreements for the further exploration you will be needing further funding for more wells, unless you hit a major commercial well, then thats limited by the number of trucks used and storage as the terminal wont be finished till 2024. Lots of unanswered questions. I do like Gk posts with reasons, rather than rockets and multi bags bags of money.
GK did mention the "special purpose land" i believe BEM had a similar problem?? with the deer herders and grazing while they were sitting on a half a billion iron resource in Sweden and thats been going on for years, something to do with the green party.
I will leave this conversation alone now
Gkhan dont dare burst any bubbles.. MG will do as they are told! Like they have the last few years.. dont worry, 7p.. im gone, thats enough owl turds for me. Bottom line is.. 2 decent rampy days in 2 weeks, then a drift. Traders making money while you lot dream
Hi Corpse. As an accountant (retired age 53yrs with good pension and pay off) I can read a balance sheet. What you say is correct although I'm not sure why you think PM has not found any oil? Bad Profit is irrelevant it has no shares.
GKahn: Could there possibly be a commercially more attractive alternative?
Pillsbury, can you read a balance sheet, it's under MATD fundamentals on this page.
You have the Profit and Loss account, then Balance Sheet under Retained Earnings is the loss from years of losses. Shares in issue 154.06 million less your losses make the company worth 20.62 million. It is basic stuff for investors.
Hamm - which broker do you use to buy your shares?
There is another relevant factor which should be considered, namely MGâs 40% initial production share and 5% royalty, under the PSC terms. Given the political sensitivities would MG want to see its share of crude oil produced exported to a refinery in NW China for the next three years until its refinery comes onstream?
Couldn't agree more Hamm. They would be better off chucking it in a savings account. At least earn a few pence instead of biting off their fingernails here.
Guys who believe that MATD production is related to the refinery should sell and come back when refinery is getting ready. No point to be here honestly!
See you in a couple of years or so.
Bye bye,
Hope they are gone now.
Back to believers. Time to add as many as you can while it is still quiet. Mega rerate asa mega RNSs rolling.
Guys,
I said MONTHS ago this will drag until refinery complete or near to. Makes sense to everyone but a MATD shareholder. Nobody else apart from us and some tanker drivers are in a rush.. no matter how many 'hopeful' 'must be' 'surely's'' are thrown at it.
Hi Corpse. Have you posted to the right BB as your chat holds no relationship to Petro Matad. We have struck oil in the Heron Well and the company has no accumulated loss except they have had to raise funding through additional share issues. Best you disregard BP he has no shares and is irrelevant to this BB.