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Anyone else notice that WOS goes quiet(er) when the SP is in decline?
I don’t think so either ClimbingWooster
Би тэгж бодохгүй байна
Is Matad listed on the Mongolian stock exchange??
Doc/badprofit nice one filter with one username but keep an eye with the other username lol, you do make it seem like it's two different people sometimes but we know it's the same nutcase
I think we should be checking our shares on the Mongolian stock exchange for any large transactions over the next few days.
Drilling should be around 900 metres on Velociraptor. If oil is to be struck, it should be anytime from today or within the next 10 days, assuming that due to the untapped oil resources in Mongolia that the wells will be shallow wells of between 3,000 and 5,000 feet. That is 900 to 1,500 metres.
Clearly PM expects these to be shallow wells due to the drilling going to 1,500 mtrs only.
Any time now........!
Manro, should we be checking satellite images for oil tankers etc 😏
Yes, Doc this creature he is even much worst. But why you are feeding him instead of filtering as I did.
Vikinglass, Heron did not leak because already in advance it was clear that there is an oil as it was the same oil field where Petro China is operating.
V1 is completely different area and leakage will be inevitable if there is a big discovery.
IMO
RNS will Dictate SP ⬆️ OR ⬇️ for Now = HOLD.
Your Money 💰 Your Choice 🤔
AIMO DYOR 👍
Manro -re leakage, I understand that Heron did not leak, the RNS came after the full drill time
Lol! So manro use to pretend to be Mongolian? See told you this manro guy is a nutter 😂
What a "great" comment. What you have smocked, buddy?
I've been invested here longer than most, a trial I can tell you...Seen over 40p whem Mr Positive was around and posting every five mjnutes about how many s/he'd bought. When Manro started texting it was broken English, purporting to be because he was from Mongolia, which he may be?! NOT NOW IT SEEMS... Well done!(excuse the pun). Shisters.. Just saying. Happy for anyone to check my history.. Tynemouth Boating Lake here we come. OK OJAY!
Very good comment Landicaamans. Thanks.
But what about a leakage directly from the drillers, mate? When is that usually happening, especially if it's a huge discovery and oil rushes up to the sky? :-}
Great post Landicaamans, it's really good to get an insight into drills and how it works. Keep the posts coming they are really appreciated - thanks
Landicaamans - at what point (metres in) do you think they have a good idea of what's there? I believe we are about 850m now, thanks
ROI
No problem when you expect over 1000%
Hold or not I will not let my share go :)
I look to this to head to over 50p THIS YEAR & WITHOUT V-1
This does not mean I reject V-1 but understand investment & ROI not just base on this. With V1 HIGHER multiple. Without V1 HIGH multiple.
I say in many post have NO DOUBT LP come & give all reason. Where is shift away?
Renewable mention because was one if main topic with China energy company discussion with Mongol Prime Minister TODAY.
This post by mr BP at 14:17 show how some poster just make personal attack or distort when can it address research points.
Buy or not up to you. Have say what I expect with price projection & why.
Think LOT will get caught out / look back because they miss main investment point / news timeframe ;)
Or jam tomorrow?
WOS seems to be shifting his focus from LP/V1 to future renewables projects - pie in the sky?
Yes and no mmafr.
I've know share prices to rise++ if oil shows are seen in the drill cuttings.
It confirms oil generation and some form of trap/seal.
It would be highly encouraging should this happen at any stage of the drill.
I've been around long enough to have personally experienced all conceivable scenarios. A discovery of oil alone doesn't really say much. The oil also needs to be economically extractable, and that can only be determined through specific tests. These tests (flow rate) can be carried out after the complete drilling or during. Therefore, it's futile to speculate where the drilling bit is currently located and whether there has been a commercial oil discovery. We can only wait for the official PR with the final results.