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Maybe a slight indication as to when we might get a possible spud date for V1 https://www.google.com/url?rct=j&sa=t&url=https://finance.yahoo.com/news/talon-energy-ltd-partner-spuds-200000923.html&ct=ga&cd=CAEYAioUMTIxOTQyOTc5NjE2OTY3MDE4NDAyGjU1MWFjMjUxYjE2YzAyMWQ6Y29tOmVuOlVT&usg=AOvVaw2yCKZ3HXdP_6E5eSAfpDnm
Look how fast thing are moving. Check the dates
Here are the reasons why L.P. is a 100% coming .
Locals rejected PM LP on 09/ 22
Locals reviewed PM LP on 10/22
Locals reviewed PM LP again on 06/03/22
Mpram minister meets Nuret Ghani 07/03/22
Locals and Mpram field measuring 29/03 /22
Mpram minister and PHIL MALONE 30/03/22
PM Rns paperwork ready for signing 03/04/22
Mpram minister in Parliament 11/04/22
Phil Malone in Parliament 13/04/22
Now if you still have doubts then you might as well find an alternative investment.
iamrich - wrong and wrong.
I don't know who BP is. And I definitely will not be gloating if this is red tomorrow. Actually, I'm hopeful and excited for MATD, hence why I filled my boots in the raise at 2.5p. But there's no denying it's been slow going and we've been misled by management and the MG many times before.
I'll be the first person to buy you a beer if we do get a £1 party. In fact, I'd be happy with a 30p party!
Some more light reading while we wait https://www.mongolianminingjournal.com/a/72674
Yes I agree BP, I don't care about Velo spud short term. We have to have got the lp before then or else the whole thing is a mess. However, I do think the LP is coming this month so happy to hold
See you both tmrw, if it's blue won't see you if it's red then you will gloat as usual lol
Doc83 and badprofit the two tag team partners as usual trying to indirectly and directly deramp on another Sunday afternoon lol, well done chaps continue, scumbags
I don't understand why the enthusiasm suddenly switched from "LP imminent" to "Velo spud" will see a big rise in the SP. Always seems like "jam tomorrow".
Ninesandytoes - has WOS misunderstood you? You see, you need to sign off any post with "LP due any day", "LP = 20p+", "multibagger" etc etc. Otherwise you'll be shot down.
Nonesandtoes good spot mate, sounds like the LP has been issued hence why the racket, small country small community things to go around, expecting that LP in the next week or two,
Gla
iamrich: "Wel I haven't been wrong yet you Muppet "
You sure? All the way back on 6th Jan, you said "LP due any day now". LOL! Man up, and own up, to your (many) failed predictions.
03/04/23 - Like I said only admin left this will not take more then two weeks if they are being pushed, it's already decided nothing to decide here just sort the paper work out simple
02/04/23 - Doc83 not surprised with your post always a negative spin, you continue and your followers, the LP will come either this coming week or next, all is done…
31/03/23 - it's all done just admin to take care of now and LP aware in a week or 2
24/03/23 - So all looking towards an issue of LP first week of April TOPS.
22/03/23 - Like I said before I reckon LP is going to land end of month to first week of April
19/03/23 - The main thing we know it's happening, the right meetings are taking or have taken place, yes everything seems to be lining up, it's just a matter of days or a couple of weeks TOPS
17/03/23 - Week or two and we should have the LP
15/03/23 - Anyways string buy for multibags !!!!! 2 weeks time
14/03/23 - guessing all is in place and just going through the necessary meetings and admin to issue this LP, fingers crossed end of month tops
14/03/23 - Nice one Jimmy, looks like things are moving at a very fast rate, think we are set for LP by month end,
11/03/23 - …so end of march start of April for me that LP is landing and a few baggers
06/03/23 - once LP discussed and stamped I give it max 2/3 weeks for it to be awarded, don't forget the British ambassador is on the case too so this will be on the hurry up as it can be
02/02/23 - Hold or buy more, velociraptor is on its way, LP is anyday,
01/02/23 - LP about to land any day, minister has said 1-3 months but this is a new for central government on issuing land permits so may take a few extra weeks
31/01/23 - Anyways I'm happy to sit and wait for the LP I know it's coming, ministers, ambassadors all involved and being dealt with, just a matter of time, I personally don't expect anything until end of Feb but if it does come sooner the more better but happy to wait as this will multibag a few
27/01/23 - Reckon we will get LP and possible drill date on velociraptor in Feb for some reason, never thought anything would happen any sooner and Feb would be the start of things here, I could be right the way things have been going.
06/01/23 - CEO was told LP will be sorted between 1 to 3 months that was back in October so it's due any day now…
I think you are twit twooing up the wrong tree my feathered keyboard warrior. My post was indicating good news not the opposite.
Think when mr J Ganbataar Mining Minister say he will sort LP out this exactly what he mean.
When CEO say "very soon" this is exactly what he mean.
When British Ambassador confident after speaking direct with Govt maybe we understand LP come very soon.
When LP have National Importance status for URGENT issue we put with all fact I just say which point LP very soon.
When Govt issue 9 mire new license & do tour for foreign investment think they must give LP very soon.
People say Mining Minister say "1-3 month" in Dec. Yes he say this and if people understand big picture can see all try to get Local Govt to agree first but can see now better to just do Special Certification. This is QUICK & DIRECT with only pro business Cabinet signature. This is why "1-3 month" did extend.
Anyone who say activist not happy better look at new Govt law to put activist in prison if they get in way. Also now direct quote from local governor Mr master kindly post where he say he cannot do anything now with Central Govt overide.
Regular good poster here all understand from research this thing so catch up sir lol
If people do not think LP come soon do not buy. LP re-rate will be multiple straight away I think & also it come any day from all indication.
Also think if header & more mentum build up more & more now.
Be happy with good research :)
Chaps, scanning through the activists facebook page and they are not happy. There is an interesting reference to herders selling off their homeland and 'The English'. The translation could be off but lets hope its good news for PM
Wel I haven't been wrong yet you Muppet I said April let may come along then question my prediction lol and it's a prediction I don't work for the Mongolian government either, your very good at manipulating what people say on here, like I said your a nasty character and so you keep on proving it,
iamrich - if you think that was a nasty post then you really are a snowflake. There was nothing nasty in there, at all. The 9 posters who have liked your post much be equally as soft.
If you’re going to post 20x daily that the LP is guaranteed, 100%, done deal… then expect it to be questioned when your guarantees don’t come in.
The LP landing will be huge news for the company although we are saying 15p it will be worth way more to what it unlocks , once heron up and running I can see over time matd drilling away well after well in Mongolia
Great post D1nger. Had to repost it for those who may have missed it!
CapexToday 00:35
Mr Positive posted an excerpt earlier today that Matd believes should Velociraptor be successful they will be able to produce 90k barrels per day by 2028 with a CAPEX of $5 per barrel. That is absolutely insane. $5 per barrel? Wow!
I’ve always loved fantasising about what could be and this had me wondering all day about what this means to those of us willing to see things through.
If, and it’s a big IF, that happens then Matd would make $1.8 billion a year profit before tax at $60 per barrel. If Matd awarded 10% to shareholders as dividends then that would be equivalent to 18p per share.
Then I imagine what if the price of oil was $100 per barrel? Well it would be $3.1 billion per year profit or 31p per share dividend.
That is just Velociraptor if successful. Fox would provide the same again if successful. So would Phoenix.
Heron is just under one third the size of Velociraptor but it also has the potential to provide dividend generating profits and that is the significance of the granting of the LP.
So if Velociraptor, Fox and Phoenix are all successful and each of them produce 90k barrels of oil per day then this company can realise a profit of over $5.4 billion a year before tax.
We currently have an mcap that reached $50m today. In 4 or 5 years time our annual profit could be 100 times our current mcap.
Then we have our renewable energy project to think about and the other targets.
It’s scary but it’s worth thinking about if you are considering selling below 10p per share.
Might not sleep tonight lol.
If the GoM want to be assured of a dedicated supply of crude for their refinery they may wait to see if the V drill(s) strike oil before allowing PM to sell Heron oil abroad. So the LP may not arrive anytime soon.
The thing we have to remember is that the prediction's are just that and until we are told otherwise by MB, let's hope the LP arrives soon and with spud date imminent all this in-house banter will be just that, so looking forward to good times ahead and an SP appreciation. GLA shareholders
Doc83 you are a nasty character that's for sure, you know I said I'm taking a guess first week of April but believe LP will land in April, dude you are just an idiot have zero respect for you now, your indirect derampings have been seen here by many and you have no credibility to your posts
Looking forward to a great week coming up…and breaking 7p on anticipation of LP….once it drops then it’s hello 15p IMHO
Mr master agree with mr Rich think this does not need Parliament session but Cabinet meeting only.
This is not law change or anything like this but special certification which only need Cabinet signature
Think we all make good estimate of time for this & not big issue to criticise other poster if he or she make estimate few week out.
Does this matter when price should multibag on this? Everyone with all documentation already prepare & sent to Ministery with URGENT status think it is very good guess will be any day now with pro business Cabinet signature needed.
Also understand last 5 tender block only get 3 bid & why mr J Ganbataar Minung Mu hater go on foreign promotion tour.
Next licence block coming up and Petro Matad LP need to be out. Govt know this
Any who think no LP yet I sell will also think LP come any day now and can lose massive rerate
Think in header title ;)
Happy :)
iamrich: “With all the evidence and information to hand I can see the LP landing In the next week or two tops,”
You also said a few weeks ago it would be first half of April. The guessed dates keep getting pushed further and further out.
Let’s hope for all our sakes that yet another prediction this time turns out to be right.