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LondonSuede - thank you.
You only post now and again, and generally very good stuff.
An example of how one post carries more weight and relevance than someone who posts 50+ per day.
LondonSuede good find/post keep on it see if you get any info and next few days, it's about time, as I posted week or so ago quite possible the ministry's had a month like 30 days to put in law/rules, before they approve and draft the LP, so the timing fits the LP could be approved this week
RNS tomorrow then hard immediate re-rate BUT I look for good rise on UPTREND and RNS come soon enough sir
Just Happy already have my MATD share :)
BOOOOOOOOOM if it is & like did say was 31 Topic in Cabinet meeting.
A local population pleasing Heron well.
Preferential treatment from Central Government going forward and integrated into Top Level Energy Provision policy decisions.
What's not to like here?
it looks like we will have some news very soon. in the press conference following the cabinet meeting today one of the ministers mentioned that some government resolutions approved to resolve foreign investment related complaints. probably the PM land access certification included amongst the five resolutions he mentioned. Very possible i guess. DYOR and GLTAH
Hmmmm …. sounds like a buy signal trigger is imminent.
Wonder if there’s anyone that (rarely) posts on here that could confirm this.
some large trades.... news must be close... ;-)
Guys, demand is very high. I couldn't buy more than 7000 shares but I could easily get quote for 700k shares.
Don't be fooled by red colour. It is just MMs trying to grab as many shares as possible. This is a golden share. Hold them tight.
No sir I look for 100p+;)
Sure will happen & have explain why so happy with all little bit more I get :)
Wos
It’s 15.57 we want not 5.57
Only 2,478 @ 5.57p
When I see share price projection go to 100p+ then you understand why every little buy I make I see will be more.
This is my view but you invest your way please. For me Petro Matad will be BIG operator in Mongolia & will be link with Govt to foreign JV partner.
Not have interest in any traffi g but investing in big picture research tell me happening
Big Buys start to come in & see good consolidation today after rise yesterday. Retest already happen last week.
Just buy little bit more for 5.57p ;)
Longer term a successful and professionally run Heron well can only skew policy decisions our way and away from Petro China?
Let's hope so.
Hope so Jim fingers crossed on this. Mike Bucks picture with the mining minister can only be seen as a good thing but they need to stop dangling the carrot and let us extract the oil.
I check 10-15 different information source EVERY day mr gvb121. This make me better understand more FULL picture of all that fo on & include relation with China.
This make me VERY confident of all situation & for long term development / potential of investment.
Like I say must look in right place for information. I do not check feed for mr Ross ;)
Be happy & successful fellow investor sir :)
I think a lot of people are aware of the issues with our neighbours gvw there has been so much posted on this chat group. Hopefully there issues will be rectified soon but there are some of us believe that because of PC that has affected the delaying of the LP that and the way Mongolia operates. Hopefully LP granting SOON and then looking forward to V1 spudding very soon. GLA
Maybe you not understand if you think nothing POSITIVE happening Mr gvb121. First look at WHY delay & then look at what happening NOW.
Prefer to read RNS & watch multiple Mongol news feed then watch Ross Kemp in Mongolia LOL
Let frustration drive you to RESEARCH more ;)
Be happy but well inform :)
I have to admit its still dissapointing that we do not have the land permit one month on since the last PM announcement.
I have been invested in PM for a good 3 years and the heron discovery should have been drilled ages ago. Obviously I want this company to do well but the decision making in mongolia and level of bureaucracy is ridiculous.
I cant help but feel frustrated that we getting ready to spud and we havent got anything positive from the mongolian government.
I think the chinese have done a lot of damage to mongolia which is why they are reluctant to quickly give out land permits in a rush. If anyone has not seen ross kemp in mongolia I urge you to watch it and see how much damage they have caused and the lack of safety apprecition they have.
Mr Positive
I was VERY excited when I read about RENEWABLE sir & understand how can multiply mkt cap of company even more.
National Renewable Energy Center estimate Mongol renewable energy potential is 2.6 TW. This is massive sir.
Maybe Isle of Man meeting has something to do with this because just before subject is discuss with China just after but do not know.
Know that MPRAM member do not fly out to Isel of Man personally with mr Mike Buck for something small.
When we talk if all piece -
- REVENUE
-GROWTH
-DIVERSIFICATION
- EXPLORATION
- MARKET DEMAND & LOGISTIC
- GOVT SUPPORT
- GLOBAL ENVIRONMENT
- NEAR TERM NEWSFLOW
MATD have EVERYTHING :)
Until PM make the transition from exploration to production there is no cash flow once that happens we can all get excited about other projects LP and workover needs to get moving asap
Ojay.
Have to be honest, i did not pay much attention to the Renewable Energy Upside few months ago. But now i have a totally different view, coz profits from Renewables can be massive.
Govt wants all 3 for their Economic expansion:
Oil / Gas / Renewables
Lot of Foreign & Govt money ready to come into thisxsector sir. Remember not only about Mongol energy use but export need for foreign company
See Foreign Affair Minister visit to Beijing last week & China will look to support Wind/Solar project in Mongolia which have one if the world greatest potential for this & right next door to China (export to China also mention by mr Mike Buck).
Few month back Int Development Bank representative visit MONGOLIA andctal about grant fund for renewable sector
Did say this would be MASSIVE and keep mention how mr Mike Buck will build major multi factor ENERGY company (not just Oil).
All pieces coming together & why I keep add stock to my holding now.
All clear for those who have done research & put piece together :)
My only concern with Renewables was how any meaningful capacity would be paid for by Petro Matad.
I'd assumed, rightly or wrongly, that it would come on stream after Heron oil sale revenues which could be used to secure borrowing and fund ongoing development but if the financial incentives are sufficient perhaps they can simply crack on with the Green schemes?
A lot going on for sure.
Some cracking RNSs may land in the coming months?
the mother is expecting - you are expectant