Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Badprophet.. even a stopped clock is correct twice a day.
3 idiots:
Curious, BP, DOC.
Derampers.
//Really Badprofit do at least try to make your posts marginally credible //
Remember in December when MB and the rampers were insisting "PM IS FULLY FUNDED" & I said there would be a fund raise. Do you remember? And do you remember what happened?
Velociraptor = 20% chance of success
Some questions I'd like answered are:
1. What if the Velociraptor spud doesn't find oil?
2. What if LP issue gets pushed back until the refinery is nearly ready ( in 2024/ 25 if no more delays)?
3. How much will it cost us to buy these additional blocks?
4. How long will £10 M last without an additional income stream?
Thanks C&C
We all know that some idiots will never understand. The last raise was for renewables you plonkers.
Heron field has money already.
The last raise was for renewables. Like I say empty coke cans make the most noise
BP: "There will be another fund raise later this year IMV."
It's possible, but my hope would be that some value has been realised (LP arriving etc) and that the raise would be done at a higher SP level than what it is today.
This should be slightly over 7 and the reason for the delay in the push is the MB not getting his skates on and releasing long awaited news
Come on BOD let's see what you've got to say
About time
The funding for all Petro Matad's upcoming plans can be more than funded from the sale of oil from the Heron field.
It's a company maker.
Further funding will only be required if the Land Permit isn't granted.
That's why it's so important and why we're all anticipating a very good Share Price rise when it is.
Really Badprofit do at least try to make your posts marginally credible or difficult to shoot down or else you'll rather lend weight to the story that you're trying to undermine?
Agree with compensation part. We should have been flushed with cash from Oil sales for at least 2 years worth of revenues.
With over $12m in the bank, we should have plenty healthy cash balance left. Velociraptor-1 cost is only $1.7m - $2m range.
Heron-1 workover is only 2 weeks work before we get going.
New Blocks will cost a small amount.
We could also Farm- in for both Block V and Block XXVIII. Spend more cash in increasing from 3 - 15 wells as planned.
Oil & Mining Expo in September 2023 should also be good platform to attract any Multi-national companies looking to invest in Oil and Renewables in Mongolia. Massive Upside from early mover advantage.
PetroMatad will look a totally different beast within next 12 months if all goes to plan.
You should have a MASSIVE smile when you look at this low price next year when sitting at multiples.
//Just wondered as existing Matd funds are for Velociraptor and Heron not producing income yet, so...//
There will be another fund raise later this year IMV.
https://twitter.com/smasters2020/status/1649357606341713920?t=FNaEqsns2b2B7iRXrG0g5w&s=19
Dyor and you will realise PM is building up to become a big player with oil and renewable energy.
https://twitter.com/smasters2020/status/1649358908618596355?t=UgBkcrMt4QkdYFsQ6usqPQ&s=19
Lol.
Just wondered as existing Matd funds are for Velociraptor and Heron not producing income yet, so...
Mongolian Investment Guide.
An extremely interesting read.
Well worth the trouble to read completley as it's very indicative of the attitude of the Mongolian Government to inward Foreign investment.
Nothing. the MG are going to give them us for free, by way of compensation for costing us 2 years worth of lost revenue due to their fukking about.
How much will these new blocks cost?
Interesting.
Local activists getting annoyed about the English…
‘Friends who sell should not’ (and sold out to an English company).
Live price gone blue right now, think we will head towards the 6.5 to 7p mark before LP RNS lands then we have the long awaited velociraptor drill RNS to land, so loads to come here and you can see why the desperation from some to keep it low
Add the new licenses which maybe worth quite alot
15p is the minimum here heading upwards after that on various projects coming in
Buy/hold this is an easy one to make money
Page 20 onward
https://anyflip.com/opmlo/snyx/
Are Sneaky one buying now ;)
Be happy :)
Here is link for New Tender Block.
I did try to post before but did not work. This will be VERY useful I formation to understand New Block, size, what seismic already done. Hope it help people understand what Petro Matad doing here.
Easy for sneaky one to criticise mr Master & other but they put NOTHING useful on BB
https://anyflip.com/opmlo/snyx/
Will understand how this all fit with DQE & exoansionif company with production revenue & increase of shareholder value
Be happy but well research :)
One of the most frustrating things about matd is trying to read between the lines because its so difficult to translate mongolian docs and posts etc.
However if you take all the info including RNS, Activists posts, BB comments and research you can make a judgement. Master has been particularly good at researching from Mongolia. I don't see him as a ramper. He is bringing new and relevent news to the debate and supporting it with pics, maps that include date stamps etc... Its not easy. When you try to translate the activists posts about the dead animals on PC land for instance it comes out differently every time. I have seen them called Hyenas, Ostriches, Antelopes and even nephews and grandsons but never sheep, goats or cows. You have to try to second guess some of it. One thing I did see that gives me hope is that the post by one activist, translated as "FRIENDS WHO SELL FROM MILLIONS OF TUGRUGS SHOULD NOT GIVE A F#CK, ENGLAND PEOPLE ??" was posted on the very same day as the document that master posted. 17th April.
thanks for sharing master
@master82,great to see you back.Many thanks for the update.
ATB
GLA
I think MB has used his brain and got paperwork signed before he signed up for new blocks.
PM 2023 life changer.
Everything is coming together.
Trust me plenty of time and efforts have gone behind all this research and I will only post if I think it's relevant