Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I keep repeating. It was 9p in 2021 without the EL. V1 was not on the cards in 2021.
After we have had 2 fundraising rounds.
So I would say 6/7p should be the price before the V1.
The drop is pure manipulation no bad news came besides a delay which i think 1 months max 2 months.
V1 hasn't even being considered at 4p.
We've been here so many times where its gone down and back up.
Better to stuck around till oil is out of the ground.
15 wells on the drawing board. PM is at the beginning of a cycle . This could be massive in couple of years
Have to say next couple of weeks starting Monday will be very interesting, some of these traders are proper dumb being out this weekend 😂
Anything can land
Keep on panicking Hamm and get your sidekick badpoo working over time on weekend, he admits not being invested so means his a paid deramper
Lol derampers working hard on the weekend, buy in or lose out mofos 😂
LP anyday
Velociraptor week or two
Wrong time to be out 😂
Why should LP be just before results?
What is the reason?
Would be ok if we don't get LP by then?
Would it be ok if we get LP next year?
Check post 14;49
"I expect Special Certifucation news BEFORE V1 drill result"
Result should be in 5-6 week but think someone forget to read "BEFORE". Even put in CAPS lol so could be Mon or any time now.
Think HAMM the Spamm going to be busy this weekend Lol
Buy back & realax sir or sell and be happy ;)
I wish! LOL
I wonder if BP is being paid too? But who wants to pay him and what for?
//Progressive Report give price WITHOUT Velocirapror at around 27p//
As stated many times before this report was sponsored (i.e. PAID FOR) by Petro Matad & said what the company wanted it to say to encourage investors.
WOS is putting back the post sign could be a warning!
As WOS is a paid poster and if he changes the post sign from next day to 6 weeks that means whoever hiring him knows that LP isn't coming soon.
Just a thought guys,
Are we starting risk V reward game?
Hamm so you reckon 20p on LP? If so major multibags here then, and with the chance if it landing any day best to ebin then out right?
Anyways I think we've hit bottom and now it will start the climb slowly as we go I to a news rich period, good luck
Seeing is believing! As I said every time the post sign goes back! 4_6 weeks.
After that they would say they don't care this year or next year.
Who cares about renewable. We invest for oil not renewable.
LP is the most important factor. The rest is could be extra if we get LP secured or it would be waste of money.
Anyone who think GOM wait until refinery built need to understand BASIC economic & national resource management.
Economy will lose revenue from PSC all for "saving the oil" like some people on BB say lol. Also send out very bad msg for foreign investment which is priority now for country.
Why wait so long for LP? This have been answer before but maybe right Q is why Govt overide local and take over direct with Special Certification. This so NEW GOVT can get job done.
Remember must make sure Special Certifucation is WATERTIGHT and they do this with CORRECT Ministry submission. Like mr Mike Buck say in 22 May RNS
"It is ESSENTIAL that the process is followed in FULL COMPLIANCE with legislation". Better I think we did have few more week delay then shareholder cry if legal process not watertight through wrong Ministry submission.
Price did drop from 7p to 4p and think this show lot if derisking ALREADY have happen. Progressive Report give price WITHOUT Velocirapror at around 27p so agree or not think everyone know massive discount if you believe Heron land access coming.
Some say "Market does show this or that". I say with such short timeframe market show REACTION not PREDICTION for LP.
Mr Dozzababa you are right. This year 2023 is Year Against Corruption and lot of new development to stop this including checking of Govt employee bank records & assets, E Documentation process, Seizing asset of guilty one, Getting rid of amnesties.
One who follow all this development know what happening & why will not becsurpryse with Petro Matad / Govt partnership BUT need RNS to confirm.
Lot if talk of Renewable as well in last Parliament session.
I expect Special Certification news BEFORE V1 drill result in about 5-6 week. Mr Master make good point could already be sign in last Cabinet Meeting but this is timeframe I give (all reason why & with timeline did give before).
If person say "do not think it come" or other thing then do not invest & be happy somewhere else lol
What you think they here for ;)
Be Happy & have good weekend. Think will be great week next week & moving through V1 operations :)
Post sign keeps going further back each time!
From LP next day to next friday, next week, next month, next couple of months and by then next year. That is what happened in the last 5 years.
Market hates uncertainty and that is we have.
No LP= -2p
LP= 20p+
Place your bet!
With the pace of things in Mongolia I suspect the refinery/pipeline won't be ready until at least 2026. Can PM last that long on current capital? Will PIs / institutions / banks have enough faith to stump up more? Who knows.
Now that is just scaremongering BP, we’ve plenty of money in bank after this drill. LP will come in next 3-4 months, Mongolians have delayed, but they’ll want us to get plenty of supply ready for when refinery ready.
Although I suspect production will now start 2024
LP next week would be better and the chance of that happening is also there,
I think people should just follow RNS and company information, wait for velociraptor spud most likely W/C 19th June,
LP end of month
The MG is doing no such thing, the new goverment is trying to get things done and bring new investment into the country,
Some people are blatantly trying to hide what's happend this year around the MG and the lengths they are going to sort out the country
//My worst fear is MG is delaying for as long as possible to get their refinery in place.//
If the do that there is a very real chance that PM will no longer be in business.
My worst fear is MG is delaying for as long as possible to get their refinery in place.
Rich, I really hope you are right and we get back to 7 + LP in a week or 2.
Everything is possible. Never say never.
Enjoy the sun shine guys. Hope we get a great RNS perhaps on Monday with LP secured. That makes everyone happy.
The share price already has taken the battering from the LP delay, impatient out and new investors in, expect climb back past 5p and 7p on velociraptor spud,
LP is happening and things are moving, my own expectations are it will happen this month allowing full time to get this done, but knowing it was already completed the ministry's may take less time this time round so the chance if this getting done in the next couple of weeks is high
Each to their own but can see new investors coming in,
You start your post sounding certain and end it admitting you have no idea. Why don’t you go out and enjoy the sun and wetting yourself in publicly
Really don’t see LP coming with Spud announcement and I don’t see a crash either. Bad news already broken that it’s gonna be a bit longer for LP…..most of us expect 2-3 months, I mean they ain’t exactly rushed so far!
Best we can hope for is LP during drilling or an oil strike.
I’ve seen various SP actions during drills so anything could happen in coming weeks.