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Could do with learning a lesson from CLON.
Decent rns released, and results imminent, sp rocketing. Here..... twice as many posts on this bb and zero interest from the market.. still, 1 day rodders
Iamrich...
The day I take advice from such a repulsive, loudmouthed, unintelligible, low life individual such as yourself does not exist ... so don't waste your energy offering any.
Block 5 is currently biggest onshore oil well of 2023.
If its a duster then will drop 20% or so. If its a discovery expect this to be 10/15p plus
LP will be here by then too hopefully
LP the big boy here and we all know it weather a tamper or deramper minimum 12p lowest target price for me and still a 200%
You can see why there are desperate derampers here
There is still the IOM meeting that is unexplained. I'd love to know the real reason for it, and of course the new company that was set up...
This is why it taken out of hands of local decision & directly under Cabinet decision.
Good to see progress toward Cabinet submission in last RNS & look forward to RNS to confirm Certification.
Other thing for anyone who ha ecrseaech COS. More drill on prospect COS increase so maybe more useful to understand we have TWO DRILL PAID FOR.
V1+V2 mean COS will be greater then 20%.
For me always I look at Heron asset already which give me even more confidence in investment.
Think will be MEGA RNS (more even then multiple) if they mention DQE partnership which they say have all terms agreed & ready for sign by head office. I think DQE wait for Cabinet signature.
Then Velocirapror or not we get fast develooment if full field & ready for 2 BILLION Toson Uul. :)
If the Mongolian government is going to invest in PM than this is the best time.
They could potentially have a some control in the oil market.
PC will not sell all of its oil to the Mongolian government..
No-one is saying 20% COS so why bother.
Saying that company officially states it is 20% so gamble/invest accordingly.
Gla
Curious your just a sad miserable old man, get a life man, I wouldnt even look at a share if I was 50/50 and then your here every day moaning and being negative of people and the company,
Invest because you believe or sell of your unsure, the bookies will or ably give you better odds the. You have here by the way you talk,
It's quite clear your just trading and go full on negative when your not in
LP is coming and share price will again bounce and you will get locked out
Congratulations to the Mongolian Government. they potentially one of the largest oil field under their feet and because they have dragged their heels on LP issues absolutely no one is interested in V1 other than an esoteric interest other than us. This is no longer a binary share it is an all or nothing share unless the LP lands in a decent time before result. Now if V1 comes through and the LP (and we deserve a bit of luck here) this will not be a 3 or 4 bagger it will be 10 bagger and possibly more. The down side is there is no company. But then why set up with PM a second company if the government do not want to play ball on the first. I am still hopeful because of this.
MB is not a CEO for shouting from the roof tops and hyping a share and i feel his 20% CoS is not a 4/1 shot in any other CEOs hands so in many respects having seen / heard this from other CEOs. My favourite one was "phone is ringing off the hook". My reckoning is that MBs phone is ringing off the hook but he is not telling anyone and therefore getting anyones ho;pes up too high. YEs the derampers will say only a 20% CoS why bother.
My answer why bother get out of bed in the morning when the weather is awful. Why did man go outside his cave if he felt he would not survive. The reason is that some people enjoy the excitement of it all and to benefit from it if successful.
This will come through one way or another and personally the sooner the better but i still have time in my locker for it. Assuming the big boys have not got cold feet waiting (probably got backdoor access to MB directly) then this will explode.Mind you like you want to catch it on the way up as it will fall back significantly before settling. GLA
The locals don't really have a reason for PM Land access refusal. PM has not violated any laws. Yet its treated very unfairly.
We all hope it will be thornogson and you made good points in its favour.
No problems with that exchange! Thanks
Not bad but I suspect that special purpose certification will be granted because Mongolia wants to produce oil for it's refinery and balance of payments/tax/income purposes.
You don't decide to let oil companies or mineral extraction companies operate in your country just to have a good profile on Social Media outlets!
Oil is money. Big money. For Petro Matad and Mongolia.
It's there but need to be pumped out of the ground to turn into money.
It's not called 'Black Gold' for nothing.
Money talks. Oil talks.
That's why the necessary certificates will be granted.
The facts. For newbies.
Velociraptor 20% COS...
We do not have any income.
We don't have legal access to Block XX and the LP request was refused by the local government.
MRPAM has written in support of special purpose certification from cabinet in lieu of local government support.
This is now in the hands of ministerial departments before the proposal is put before cabinet.
Therefore the case to be decided.
It is hoped that the bad publicity in the global investment sphere, if refused, will be sufficient to convince the cabinet to grant it.
Hope this factual post is okay?
Fact, fact and more facts WiseOwl.
The Mongolian Government want to boost their country's mineral extraction potential.
The Mongolian Government want to be more transparent, less corrupt and to set in place the policies and laws that will give confidence to foreign multinationals to invest and set up operations in Mongolia with confidence.
The Mongolian Government want to produce enough domestic oil to supply their new refinery rather than having to export crude only to then re-import the refined product.
The Mongolian Government want to be able to over rule local councils for land use certification to ensure that the country's best interests take priority over local issues.
The Mongolian Government takes the longer term view that it needs to encourage and develop a national Green energy strategy.
Each and every decision and action that they are currently trying to deliver matches the requirements necessary for Petro Matad to fullfill its potential.
The tide is with Petro Matad here, it's all going their way I think.
I say before mrike Buck is a master strategist with company development (not Social media lol).
If anyone follow Mongolia Renewables / Green energy will see major movement & financial interest / investment.
Yesterday President Khurelsuck deliver opening remark at Green Finance International Forum.
He pledge up to 1 percent of GDP to green initiative which include climate change / desertification.
If you follow news will see Foreign Minister did visit Beijing few week ago and China very interested to invest direct into Renewable project in Mongolia. Link this to mr Mike Buck comment on export of green energy to China.
Before this EU pledge major finance for Mongolia renewable & few month back Development Bank do same.
Fact: Mongolia have one of biggest global potential for Renewable Energy.
We all wait for Heron land access & give reason why we expect this very soon & now we know progress from RNS. This is most important & why think lot of us sut in comfort with our share & have good expectation of multibag in few weeks.
Information I give from yesterday to show how Petro Matad have brilliant strategy to grow company in hottest sector & with production revenue to support this.
Mr Buck has been master strategist for shareholder & why if we get away from gossipy ones we see very good evidence for shareholder confidence :)
Curiouser, i have no doubt it is a great price for derampers to get in at the moment, i personally wish i had funds to buy more, but they could still be looking at getting in cheaper, don't forget the SP went below 4p after the previous RNS. The LP not being granted as yet as been used as a tool by MM's to lower this SP and swallow up shares of stop losses and weak holders and also derampers are using this also. You will see it goes quieter on this board when the SP starts to rise as these people have bought back in. It's been a recurring cycle.
It's called SWOT analysis. Ie looking at not just the potential positives but also potential negatives.
Strength
weakness
Opportunities
Threats
Something you professional investors seem to find impossible to do !
And keep posting only positive happy good outcomes WOS, famed as you are for your selfless love of one sided research to support newbies.
...and never let it be said that it could possibly be because you want to ramp the bejeebers out of it and sell. No that couldn't be possible could it?
Some folk are here just to pull posters down. They are so called invested here but are not convinced LP will be given. How can you argue with folk like that. They talk utter c rap on daily bases with nothing to back themselves with.
Best to just ignore these folks . You will never win an argument with them.
Dozz. Its actually cheap to buy right now, so a "deramper" would buy in now whilst cheap and go quiet... but don't let logic get in the way of your irrational thinking
bb descends into chaos and mudslinging when the sp is falling because certain posters have sold their shares and don't want to see positive factual information. amazing how the bb goes mostly quiet when the sp is rising as these certain posters have bought back in. as said before this share has always been a traders dream share. mm manipulation the last few of weeks has been off the scale with this share, much to the delight of the derampers and traders.
just keep posting factual and potential of pm to remind everyone especially newbies on here - always in your own opinion and don't fall for the filter me and looking out for fellow investors, it's all b*ll**** and a smokescreen. you want to see what these derampers are posting to counter them and post the factual and potential, again and again and again. legit investors who want this to do well will not mind whatsoever.
See you in 6 weeks then. Thank God for that
Aye - only time will tell, then some on here will have to eat their words together with a massive slice of humble pie. I hope it's me!
The doubters/realists have been right so far.
However we should know all within 6 weeks. So no need for anyone to post.