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Will get back to discussion of MATD investment.
Header say all about Cabinet meeting today and have other meeting in month. This is why LP in April look like correct & expect RNS any day now
Q2 mean Velocirapror drill & will defi stely attract LOT of interest from Investor and more & more will start to take position with many early taker of share. This also why article say "INEVITABLE PRICE RISE"
Last RNS mention negotiation with Mongol Govt of new block so maybe already have this & now detail need to be worked out. This is my guess only on this one but know new blocks are massive size and zmingolis talk of as 'NEW SAUDI ARABIA' potential
Lot happening here & do own research
https://progressive-research.com/wp-content/uploads/data-sync/research/MATD%2020230302.pdf?utm_source=sendgrid.com&utm_medium=email&utm_campaign=website
This is why am very happy holding MÀTD at this important moment :)
You're not wrong Surf.
For the last 3 or 4 drilling seasons there's been good money to be made buying in over Winter/Spring in anticipation of drilling news. You needed to get out before it became apparent that it was going to be another fallow year though.
This year you need to be clever to get in before it becomes apparent that it's going to be this year, the year that makes Petro Matad.
This year it's all on track to happen all at once.
Heron makeover and production/income generation by year end building over the coming years to a multi-well money printing machine.
Low production costs in a low tax pro oil country. Regardless of the cost of crude and possibly falling World demand Petro Matad will be able to make very good money for many years to come.
Velociraptor/oil frontier exploration with massive potential upside all underpinned by Heron's ever increasing oil production funds.
The spectre of recurrent Funding Rounds banished and increasing odds of further oil strikes as the geology becomes better understood and the rights for further exploration blocks are acquired with Petro Matad relentlessly perusing the monster oil finds that are potentially lurking under the vast unexplored steppes.
One or two strikes and you're looking at Mid tier oil company market cap levels or more.
Petro Matad becoming ever more central to Mongolia's future oil production plans and an ever more trusted partner at both central and local levels.
So when Mongolia wants to go 'big' on Wind and Solar power they'll be there with plans and funds to provide what they want and need.
It's all there.
This year.
Perhaps even next week?
Why is mr Bad Prophet here 24/7?
He already answer this question himself & in own words.
He say he do it just because he like to upset people and nothing to do with investment pro or con
This is VERY selfish & sad person who need to do this in life to give it some meaning
Be happy & have good purpose in life :)
He doesn't have any real reasons as to why he is negative.
He can't put his view across. He just comment on someone else's posts
The question is if he isn't invested as he says why he is here 24 hours 7 days a week?
Mental problem?
No offense just doesn't make sense!
I don’t understand why you are so negative and bitter? It’s a very low risk short term investment from here.
V spud in a couple of months ( so definitely the share price will be north of 6p soon )
No placing in the near future ( very reassuring )
Normally that would be good enough for a low risk entry but … What makes it an even better and an exciting investment is the fact that the LP could drop during this time.
I mean come on… can’t you see?
Representing the Democratic Party group in the Parliament, the chairman of the Democratic Party in the Parliament O. Tsogtgerel and the member of the Parliament D. Ganbat submitted a bill to amend the Law on Elections and three accompanying laws
//Badprophet, your screen must just be a sea of green boxes?!//
It is - currently 12 filtered. I'm not missing their rubbish.
20 issue get look at according to liveTV.mn information.
Big one will be like Mr Master say I think Draft law on election & think submission of Special Land Permit document for signing just this. Signing because of National Importance (Urgency) designation
Any time now anyway so will wait for RNS with Zen mind & happy expectation :)
Draft laws on amendments to the law on the election of the Great Khural of Mongolia have been submitted
Yes MATD US listing up + 30.16% Up & with volume less then UK of course
Cabinet meeting today and we know documentation for Special LP already complete & relevant Ministeries have this.
Now only need submission to Cabibet fir signing under National Importance decree so probably not even discussion but just sign as all agreed.
Like we know August Cabinet reshuffle to make it more PRO BUSINESS & FOREIGN INVESTMENT
"The regular meeting if the Govt continues today" "It is planned to discuss and get acquainted with more than 20 issues" (Source liveTV.mn)
Yesterday drop think due to ISA deadline & transfer with sell to cover T+2 day clear for fund to transfer in tomorrow.
Only problem is RNS maybe come any time now but even if not think all that fund pour back into MATD to push price hard tomorrow anyway
Happy for both & happy to hold MATD at such important time for company :)
Yes its listed in US, but only 2 trades yesterday
I saw that. What is PRTDF?
Is MATD dual registered?
TIA
Whatever you do - it won't change the course of things. This company and its SP are going for glory.
ATB
UK equiv price = 6.62 pence
Someone in US happy to Buy these at 8.2 cents
How on earth UK price is sub 4p ???
This price is compete bonkers !!!!!!!
Forget rumours we know it's happening maybe next week we get news expect multibags here
Generally many oil companies down today so not MATD related. If anything is holding well..
With reports that LP outcome is around the corner I can see this being close to 5p very soon. Obviously if there are rumours of completion then it will be much higher.
JMO GLA & GN
Pre tax year… lol. Very much the opposite
Badprophet, your screen must just be a sea of green boxes?!
Bad prophet,For Pete’s sake stop posting stupid nursery rhymes.This is a serious forum and we don’t need moronic clap trap.If you can’t grow up get lost.
Totally agree with Dozzawba, I think also the new tax year will show renewed buys.
I am not worried. I am not in pm for the short terms ups and downs. I am in for the long term. Positive signs moving forward
No IMO just believe we have placing shares being dumped pre end of tax year, think it will probably carry in tomorrow unless they have sold through, but will get new ISA allowance buying from Thursday onwards.
I don't think anything has changed with what's going on with PM to make this SP fall today. As said that's my opinion.
//Tick. Tock//
Hickory Dickory Dock
The mouse ran up the clock
The clock struck one
The mouse ran down
Hickory Dickory Dock