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Oil pipeline construction https://www.mongolianminingjournal.com/a/72907 GLA
With no news looking just now the week has started positive as there is no way this share should be priced at what it closed last week on.Hopefully sound minds have realised this and recovery is starting.Over the next period this share will shoot up with hopefully the spud and then the LP
Mr Investor 33
You have some truth in this. Catalyst for this will be Special Certifucation for Block XX which will move company into PRODUCTION with REVENUE for fast expansion.
Many expect this ANY day now. One who think will not come should not invest ;)
//The only thing that will change this pattern in the price action is MATD becoming a revenue generating business rather than a speculative explorer.//
And that's AT LEAST 2 years away IMV.
From official News.mn today which show how Govt changing politic focus in country to Economic / Foreign investment (read full article).
Compare Khazakstan development to Mongolia
"The answer isxrelatee to the fact that human politicians (Khazakstan) have priorityzee the interests of their country. Mongolians have prioritzed the interests of the people"
Article talk about foreign investment & GDP growth from this to help Mongolia.
Anyone who does proper research understand this and why control taken away from local govt / politician & 100% focus on foreign investor.
Thus us why future of Petro Matad & shareholder so exciting with Country / Company growth.
Think Petro Matad will be important part of Oil / Energy Sector development in Mongolia and be trusted partner with in country experience for many foreign company investor into sector.
Do research more then just BB reading ;)
There looks to be an accumulation phase going on right now - consistently more buys than sells each day. MMs trade their own accounts as well as matching buyers and sellers...
Since I started buying MATD in 2019 I have counted approx 8 spikes since that time - mainly driven by an RNS each time. That's why it's been a dream share for traders, which includes the MMs. Each time that the price has been driven up rapidly it has come crashing down even quicker - and each time most people blame it on ' bad news ' from the RNS, or an RNS which wasn't positive enough. Please wake up and see that these kind of speculative shares are highly manipulated. Once the MMs have scared the life out of LTHs with a stomach churning ' crash ' in the price, then they and other short terms traders set about hoovering up all the panic sells at rock bottom prices. We've just seen that happen again in the last few weeks - from over 7p, right down to just under 4p in 3 weeks or so.
Just recently you could have accumulated MATD after the raise for about 2p, and then got out at just over 7p. That's serious money if you get your timing right. And without the stress of being a LTH. The only thing that will change this pattern in the price action is MATD becoming a revenue generating business rather than a speculative explorer.
Every chance this week or next.
'Hunt the oil' is an expensive high risk game run by professionals, which surprisingly enough includes Petro Matad.
Locals are locals and politicians are politicians.
That's life eh?
It's the same in the UK.
I'm optimistic though about the general direction of Mongolian policy RE mineral resources, foreign investment and expertise, the oil pipeline, the new refinery, and I'm happy with what they've said about Petro Matad in particular.
Happy to wait, especially as like curious I'm on holiday.
Life's good, enjoy it.
And good luck Petro Matad.
If they strike at Veociraptor they'll hold all the Aces in future discussions with MG.
Every major will be watching. They'll have to be on very best behaviour.
Mr Curiouser you post I always address point ;)
No sneaky misleading & all logic explain. Get back to holiday & let other talk about investment & not sneaky personal attack.
Be happy for RNS THIS WEEK. Question is also if mr Buck also put other I formation in it like he does ;)
Velociraptor news this week or next, that's 100%
What the invested here really want is the LP to drop so this can go to 20p instead of 10p
But the possibility LP could land any day this month
🦜🦜🦜
Wot no RNS? I thought it was guaranteed Monday too!
//Àleays use personal attack when you cannot address point in post mr Bline//
Thanks for explaining your tactics WOS but we've already spotted it.
Back to my holidays
Àleays use personal attack when you cannot address point in post mr Bline.
No problem if you try to shoot messenger will not stop RNS for V1 THIS WEEK
Will not change V1 drill on known petroleum system
Will not change VERY GOOD expectation of Special Certification RNS coming days.
Only ruin day of you & other like you ;)
Be happy for genuine MATD holder & GOID WEEK ahead :)
Always use personal attack when you ca
Wise Old Owl...........you have just ruined my week again and its only 07.45am on the Monday.
Please stop your insane messages.......... you have completely ruined and taken all the pleasure I used to get out of this board.
You are a total and utter pest.
Header should read THIS WEEK!
WOS & the dick filtered, same old, same old
Header say what happen this week. SIMPLE
Drop from 7p BIG overeaction & look like derisking akraay happen. Now see pric" build up for V1.
"Excellent oil source rocks and oil shows & proved that there is a WORKING PETROLEUM SYSTEM in the Taats Basin"
Special Certifucation need to be watertight like mr Buck say in 22 May update and why need to be submit by correct Ministry of Urban Development.
This process start BEFORE 22 May update and reasonable say other Ministry opinion same so why we expect any day now. Agree or not. Buy or do not.
EVERYONE expect MULTIPLE rise when it come to be happy whatever you decide.
Good week today I think :)
It took a month for mrpam to pass the paperwork.
Paperwork is all prepared and ready for other ministries to look at .
Possible ministries will be environment, construction and tourism ministry.
I can't see any other ministries being involved
It took a month for mrpam to pass the paperwork.
Paperwork is all prepared and ready for other ministries to look at .
Possible ministries will be environment, construction and tourist ministry.
I can't see any other ministries being involved
Next week??
As a result, they are repeating the step of asking all other ministries for comments after which we expect they will make the submission.
3 weeks?
Come on… Really?
This will take months
LP might land next week.
Cabinet meeting did discuss regarding land for the pipe line. I don't see why paperwork for the block 20 would not be submitted in the same cabinet meeting.
Paperwork was ready and was given green light by mrpam.
....signified crabs more than the LP dropping ?
Two random days picked in May for iamrich quotes:
Yep LP any day now - 15th May
Good chance LP lands on Friday - 15th May
Yep news is imminent with multibagger results - 10th May
I have a feeling and a sign in my balls that the RNS is on Thursday, little itchy but good sign. 10th May
Today is going to be most likely the best even chance for people to get In at this low price (SP was 6.2p here!) 10th May
Honestly, there’s 100’s of these inane posts. Almost hypnotic reading them all.
And if it doesn't drop this month, he'll definitely say it again next month..
...And, if it doesn't drop this month Mr WOS will definitely post another 500 posts in July saying it will definitely drop that month .. and if it doesn't drop in July .. etc ......and eventually they'll - likely - both be right... and say 'I told you so'..
...and fine by me as long as it's one hell of a without feather party - Sir - in the end..
Iamrich: “LP any time this month”
You definitely said that last month. And the month before.