The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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lets hope so Owl, you did say the same thing Q1 too though....
Mr Pepemartin RENAV is 58p & 26p (without Velocirapror).
New licence block can make this much much higher & many new block bigger then size of Quatar & why Mongolia be spoke of as potential of new Saudi Arabia
Hope this help
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 :)
Think lots watch now & expect heavy BUY start with breakout in day or late in day for prepare of NEWS release next week.
Sit very comfortable with my holding
Happy for development to start :)
Thanks D1nger.. with good news and all done .. matd could go to 14/15p this time? Im trying to calculate this based on more shares now than 2017/2018
All looking good going into April for both giant projects to come alive, break 4p today? Thin sideliners should get in now train is going to leave soon
Fantastic summary by danger1.
That's what we want a post with some good info.
Positive or negative.
Awesome summary D1nger, thanks.
Been here since 2019 and although I’m already heavily invested, I would probably buy more if the new ISA year was here.
Fingers crossed for 2023 being the year of the Matador.
GLA
Header say all & why SP head to double figure very quickly & LP release any day now
HAPPY :)
Mr Bad Prophet what cut mustard like you say is Mongol Govt budget money deficit sir. Do research
This why all visit from Mining Minister to attract investment AND New licence block release
Mr J Gambaatar use to be economist and like he say when he get job last Aug priority economic development if country
Hope your mustard taste good Mr Bad investor Prophet lol
Be happy but & cut mustard :)
Morning all....another day like yesterday would go down well today.... how we are not already knocking on the door of double figures is beyond me.
//Why would anyone filter one of the most informative posters on here.//
What he mainly posts is hot air being spouted by Mongolian nonentities. It cuts no mustard.
I ask same question why people filter me ;)
Be happy & unfiltered :)
Whats that BAD SMELL...that keeps coming back
Oh Hang on.....its BADPROPHET !!!!
I have seen some funny things on here, but badprophet filtering master82 !
Why would anyone filter one of the most informative posters on here.
No problem Mr Bad Prophet you wait & see but do not think this is wise investing lol
Velocirapror drill company big Canadian company with operation in Mongolia MAJOR DRILLING MONGOLIA and no problem now with COVID delay. See next few day for drill spud RNS
Even with Velocirapro drill on known petroleum system and come up dry price will rise in big way during drill because what if hit massive oil deposit?
Also LP not given is NOT threat in Progressive Report. Ask why & link with Mr Master info on LP process ;)
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 & WISE investor or wait lol :)
Use the filter. ATB
There must be something wrong in his life because he just criticises other people on here and doesn't give a proper arguments for or against PM or other companies boards he writes on.
D1nger - Excellent summary.
Appreciate the time and effort to put it together.
It's natural to feel more pessimistic when things aren't going so well in our lives. Regular or even constant negative thinking can also be a sign of anxiety, depression, stress or low self-esteem. This sounds a bit strange, but negativity can also be contagious.
No Land Permit this year?
No Velociraptor drill slot this year?
Another Fund Raise and see you all back here next year at 3p/share?
Possible but not likely and even then, so long as I'm still here next year, bring it on!
Bad . Go on explain the downside.
You come here everyday but don't exactly explain the negatives.
We would like to see both negative and positive sides for a discussion
Short sighted is one who does not see OPPORTUNITY
Be happy but not blind :)
The degree of speculation on here is truly laughable - just wait & see. Always stuff cropping up that the rampers never considered. Very short-sighted.
Excellent summary D1nger, thank you. Been here since Aug. 2017 and firmly believe that we will be rewarded for our patience. Very best of fortune to new as well as those of us with several more grey hairs. This new Q2 looks very promising.
June 2015 - Farm out agreement with BG group for exploration blocks IV and V.
April 2016 - Shell, having bought BG group, withdraw from farm out agreement.
Aug 2016 - Shell pay $10m to Matd to exit agreement with a further $5m once complete.
Nov 2016 - results of surveying on blocks IV and V estimates between 9 and 23 billion barrels of oil in place. Also Petex conference attracts a number of potential JV partners wishing access to Data Room. Share price starts it’s meteoric rise from 3p to over 35p.
Feb 2017 - Matd receive $5m compensation from Shell, share price stabilises in the 20p to 30p range while investors wait of news of drilling and joint ventures.
May 2017 - Idiot CEO Ridvan Karpuz enters into death spiral finance with Bergen group.
Oct 2017 - Mike Buck appointed CEO
Dec 2017 - Bergen death spiral finance terminated
Jan 2018 - Placing to raise $16m at 6.5p per share for drilling
June 2018 - Additional placing to raise $18m at 10p per share
July 2018 - Spud of Snow Leopard
Sep 2018 - Snow Leopard plugged and abandoned
Oct 2018 - Spud of Wild Horse
Nov 2018 - Wild Horse plugged and abandoned
July 2019 - Spud of Heron
Aug 2019 - Spud of Red Deer and beginning of local provincial govt problems at Heron.
Aug 2019 - Drilling resumes at Heron
Sep 2019 - Oil discovery at Heron
Sep 2019 - Red Deer plugged and abandoned
Sep 2019 - Spud of Gazelle
Oct 2019 - Oil discovery at Gazelle
Oct 2019 - Testing at Heron showed oil to be hIgh quality 46api oil flowing freely without artificial lift or stimulation and flowed at a peak of 821 bopd.
Mar 2020 - COVID. Application for exploitation licence. CPR increases estimates of oil at Heron.
May 2020 - Senior Management agree to 50% pay cuts, exploitation licence application still ongoing.
Dec 2020 - Covid continues to scupper progress
Apr 2021 - Still waiting on exploitation licence
July 2021 - Exploitation licence granted
July 2021 - Placing to raise $10m at 3.5p per share
July 2021 - Feb 2023 - Land access issues
Feb 2023 - Fund raise of $6m
March 30th 2023 - One day closer to being granted local permit
It’s been a long journey for quite a few of us here, if you have not long been invested in Matd then you may have joined at the best possible time in the past 8 years. Good luck to all and let’s hope this is the year of the Yak.