Roundtable Discussion; The Future of Mineral Sands. 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.
Check post at 10:53 which give intelligent reason for LP confidence.
Not just "I think this" or "I think that" from Sneaky trader ;)
Be happy & use reason :)
Sneaky Doc have tantrum ;)
Be happy & not greedy :)
Proper nibble... LOL
Another 15 green boxes by 10.55am! Come on UWOS you POS, must work harder!
I believe the LP is more likely than not to arrive, i.e. more than 50%. But all this 90% talk, I'm not so sure. The FACT is that we still do not have the LP, despite assurances. IMO, April will come and go with no LP but as bigbench likes to say, you wouldn't want to be out over the weekend because it could also land at any time, and so we are stuck in it.
And UWOS, no, I couldn't give a fukk what you think. And no, I won't be happy until LP arrives, sir. And no, I'm not going to read the company sponsored Progressive report. Again.
BOOOOOOOM Go blue on Google
Re-test send good message now & dip see buyer rush to buy :)
Thanks for clarifying Mr P
Mr Thornogasson I say 99% but why? because must not be like poster before who pluck thing from air with no thought
14 New licence block and in 1st round only 3 bid for 5 licence. Now 2 nd round and why Mining Minister do foreign trip. Need more foreign investor and MUST give LP
This why they make it Project of National Importance and Mining Ministry now push direct way not just MRPAM.
Also look at how much Mongol economy rely on foreign back Mining for GDP & Oil increase for this as well.
We get LP soon & say with confidence & reason 99% certain because nothing in life but death 100%
Be happy while you are alive & not waste time like some sneaky one who sweat to buy cheap lol :)
Curious
Exploration license gets upgraded to "Exploitation" licence after Oil discovery (to simplify things).
25 year Exploitation Licence been granted for Block XX with two additional 3-5 year extensions.
So we got Block XX till 2050.
With both Heron & Gazelle oil discoveries.
I think South part of Block XX was relinquished where they drilled Red Deer etc. So no more costs to commit there in future. Makes good sense.
We keeping the good part of Block XX (North) where we have both Heron & Gazelle discoveries.
Mr Curiouser I give you help because BB is for this sir :)
Think you get confuse with Exploration license & EXPLOITATION licence.
EXPLOITATION licence run for 25 year until 2046.
Hope this help & make you Happy :)
No problem Payjj a discussion board is always better than a one sided opinion board.
In your opinion it's a 50/50 risk that the Government will issue the necessary permit.
That strikes me as a rather random number plucked from the air? A 'gut feel' sort of number?
Objectively they've said that they're going to change the law (which I think they've done?) and are now recommending to the Government that Petro Matad fulfills the criteria for this change to apply to them.
This decision is what we're waiting for.
I'm plumping for a 90/10 % chance of it being signed off if needed.
Soon fine out hopefully.
LOL mr Curiouser you must read RNS & listen to presentation ;)
Happiness will come to you then sir :)
The block XX exploitation licence was granted circa May 2021.
Can anyone remind me of the expiry date of our exploration licence? Is it 3 years?
Thanks
Re-test is best thing happen to price after rise before & before next push up on uptrend :)
Swing traders can trade all they want. But there is a huge risk they could miss out on 40% gains at market Open when the RNS lands coz it would simply open lot higher. You will not be able to buy any decent QTY coz of regular Auctions with NT to buy situation.
Lot of us witnessed that first hand in 2017 when MCap reached over +£110m on just speculation and cash received from Shell.
Fast forward now....PetroMatad have 2 oil discovery, Heron-1 and Gazelle-1. They ran out of time due to winter setting in so still need to follow up on Gazelle-1 discovery. We keep forgetting that
Although down again this morning I am expecting a rise later in the day like what happened yesterday as investors will stock up not to miss an RNS in the morning I expect this to happen each day until the news comes out
Going blue soon as the sell off didn't really materialise.... fence sitters getting in before tomorrows scramble... i definitely wouldn't want to be out over the weekend!!!
Mr PAYJJ do not think you are neutral observer LOL
Anyone who want to do research read RNS & presentation. Also
https://progressive-research.com/wp-content/uploads/data-sync/research/MATD%2020230302.pdf?utm_source=sendgrid.com&utm_medium=email&utm_campaign=website
Better then listen to neutral observer lol on BB
Be happy :)
Think lot think will do quickbtrade to get cheaper share. Think LOT wait to BUY back & now re-test at higher price from last time give VERY STRONG base for next hard breakout
One who hold is not sweating but Happy :)
Thank you for your reply Thornogson,
My point about this chat board (looking at it from an outside neutral perspective) is that many posters recommended this share everyday and "Ramp" with fictitious valuations.
If what your saying is correct, MATD is waiting for the Government to make a decision on whether special status should be granted.
IMO that is a 50/50 risk. Many investors will do their own research but some will read the sentiment on the BB and decide to invest.
All I'm saying is, if there is anyone here who is looking to invest and watching this share, just DYOR and don't invest because of the misleading positivity of this BB (although it is a nice change from the other BB I'm currently watching :) )
Good luck all
Re-test look very successful so far :)
Until after an Rns I think most have taken their positions.
BUYS above 6.0p now ;)
Trucking costs for Heron Oil are only $8/bbl.
(Source: PetroMatad presentation)
5% royalty costs
Oil price received will be Brent less c.8% discount
Huge profit margins.
Petrochina been trucking crude for past 20 years to their refinery.
Finish BLUE?
Sneaky ones sweating ;)
Happy to already hold without stress :)
More share but MUCH MUCH better prospect mr Horse
Re-test look like is higher then yetrday :)