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Master82 RE: local meeting today 14 Mar 2023 10:43
Iam pretty certain the local governor is talking about Petro Matad company. ANYONE SPEAK MONGOLIAN HERE.
or know how to translate videos, if you are still looking for assistance I may be able to help?
Yes but will not reach straight away in time very possibly but I think this fly for a short while on expectation before settling back as hope always exceeds reality secret is to know that figure. All I know is that I will inevitably get it wrong..
Ojay - it’s all in the Progressive report. The one your mate WOS has reposted at least 50 times.
Forgot to mention: I don't feel competent to do so. Sorry.
I take it that fairly acceptable assumptions can be made concerning quantity, speed of oil extraction, value, cost for transport and impact on SP. So why doesn't someone run those numbers? SP predictions of 10, 15 or 20 etc. once the LP rolls in are kind of wierd. Can anyone come up with more accurate predictions - and provide respective reasoning.
Many thx.
Great post and thank you for your contribution.. I also have a smaller amount invested in PANR. Therefore, 2 companies with lots of potential. As I said in my previous post, I truly believe that my, as well as other long term and shorter term holders will be rewarded for their patience.
The LP should trigger this to 15p atleast, once heron up and running matd will drill for bigger oil finds non stop, the only way is up up up, this is how big the LP is for matd right now,
Thecondorman, 4 million fair play. Iamrich I believe we are
on the cusp of a wave and it's about to happen. Ref Doc personally I think you're wrong on this one. No way the same as BP who is a total t*sser. Doc is just being realistic and wants all to be good for all of us. Master82 keep them posts coming. ATB everyone just keep that patience and we will get there
TheCondorMan - actually, I think most of us agree on the potential valuation of MATD. The debate is more around if/when we'll get the LP to be able to exploit the potential.
My own price target is 10p for starters on receiving LP, then we'll go from there.
there are some on here who simply are not clued up on what valuation the market will give once the discovered well starts production. Let me give you a simple example. Look up PANR (Pantheon Resources Plc), currently capped at £180m. It reached a peak of £1.5b. Like MATD, before that it meandered, for years, in the penny share status until it ihit pay dirt. Yet is it producing oil now ? no it isnt. Its still trying to figure out the best way to get production going - and even then its still capped at £180m (news affected the share price collapsing it from 160p to 20p).
Now if that doesnt show what is possible here, even 50% of the possibility then best leave your funds under the mattress... safe and sound.
The key is cash flow.... MATD securing the LP will trigger such a rerating because one thing market loves, is free cash flow... and there is no better way to generate that cash flow by discovering, extracting and selling a resource. MATD has been meandering for the past 10+ years going through highs and lows and then stuck in penny share league.. but like PANR it's now tantalizingly close to achieving the holy grail of producing oil and making cash that flows to the bottom line and funds future exploration and production.
declaration - I own c.4m of these which have been accumulated over the past 2 months. Im not a fool who easily parts with his money.
Hi duster,good to see you back! We’ve all missed you.By the way how is Shirley,hope she’s behaving herself!
That means LP any day now, seems overdue if they have measured up and had the review, I could be in for a chance for the LP landing first week of April then
They , meaning the team who was going out to measure up . All different agencies were there.
I recognised the mpram team . They were at the opening of Rio tintos mine around a month ago.
They met the governor on 16th. Maybe before that. But it was posted on 16th.
The latest photos were uploaded few days ago on Facebook. .
And the initial meeting took place on 6th . Where they were going to review the PM land issue
Master82, do you remember what date it was when the mpram team was sent out to block 20 to work out what parts of lands covering the Wells that they are given them access to for the LP?
I think the fact they have ordered this to be done surely this means now it's all done just admin to take care of now and LP aware ina week or 2
lol duster COPL, 80% down on the year. Keep dreaming.
Doc83, you should really just take a break mate, if nothing is happening for you here and you don't like the positivity then maybe just switch off fro lse for a while, but stop being so negative it's bad for your own health
It's all about perspective though isn't it?
I look at it as Q2 starting tomorrow!
With April Fools day.
Thornogson - and yet despite your feel good factor another week, month and quarter ends today with still no LP.
Either someone is using 2 devices to follow this chat group or they have an avatar or 2 to be able to still comment on someone's posts when they have been filtered out sneaky sneaky or what?? GLA
Mr Dusthater just read & then ask proper Q's and why price at this level & catalyst in Q2 which look to 58p Renav level
https://progressive-research.com/wp-content/uploads/data-sync/research/MATD%2020230302.pdf?utm_source=sendgrid.com&utm_medium=email&utm_campaign=website
Be happy & not lazy :)
Mr sneaky Doc you only filter me when I expose you for when you say SVB issue not affect price here & other small cap.
I show you chart & how uptrend reverse on 8th March but think everyone already understand you do not know how investment market work & risk analysis
People who read BB see your post & understand what I say ;)
Be happy :)
Why the green boxes.
Why not just read the RNSs?
Because actually a lot of excellent Facebook and Twitter links are rather confirming what MB has been saying?
The Mongolian Government have recognised that things have to change if they're going to attract Foreign investment and become independent as regards fuel and energy supplies.
It's all going Matad's way. They're crouched on the starting line long before the others.
We just need the starting gun to be fired.
Ready, steady......
Strong finish I think.
How much oil have you pumped herd since apparent discovery?
What is success rate on drills here?
Why is such high mc at the moment?
Genuine questions.
Be happy - and don't forget keeeeeeeep pumping.