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another narrow minded short sighted numpty
Let's keep it to MATD on here.
You are welcome sir. Please do but will be too late in 1 week.
Please watch ;)
I had a great 6 weeks trading this up and down before the last pump spike.
Owl has invited us back to do it again but in one weeks time. See you then unless this slips further this week?
An owl asked me to update you chaps on the below, unbelievable opportunity.......
COPL Announces Closing of US$14.8 million Convertible Bond Financing with the Full Upsize Option being Exercised
Brilliant, fully financed - To invest in COPL what would be your ideal situation.
1. Understand the field you have to work with - in this respect we are probably now at the point of maximum understanding before production;
- We have a extraordinarily large billion barrel find (largest in Wyoming) that we have also had an independent third party review and agree with much of the assessment of the company.
- We have flooded the miscible bank and understand the pressures that that are in play, how the infrastructure is designed, built its capabilities, its areas of upgrades required and their costs and time to replace.
- We have a great handle on any waxing issues and have understood how to treat the wax, not just theoretically but have actually completed a test, the results are better than expected.
- We understand the best techniques to use for production and extraction, many of which could enhance our green credentials eg. Co2 injection and wind generation of power, these make us an attractive asset to those that wish to reel against oil companies.
- We have seen from the flaring meetings that both the company do understand what they are talking about, but that also the Wyoming board are supportive of COPL.
2. Understand and secure the financing you need
- this is self evident, we have finances already secured for at least a year and enough to bring us into production at scale, or at least potential profitability.
- We have time to implement an RBL which can now be conducted without stress and with recent increased CUDA reserves on the book.
- We are in discussion with a JV that might come on board and offer no end of benefits, fast track production, use of equipment such as rigs tubulars etc, possible injection of funds adding greater security, no end of benefits.
3. Invest at the correct time
- that time is now, I wish I was a new investor, but with the above points in place, with hindsight I would be saying now is the time to invest, however it gets better and leads me to the final point 3. invest when you know the share price is on the floor and you are getting in cheaper than anyone else, and more so at an absolute screaming discount to the CEO's own share purchases with his 22.8p average where he spent £379,591 on shares!!!. - only thing I can say for sure is I wish I had just learned of COPL.
N/m ;)
We seem to be getting bogged down far too much with Petrochina issues and activists. Petrochina are being pushed to clean up their act which they will in due course retrospectively.
Petro Matad on the other hand is expected news on multiple fronts. They helped Govt launch the "New Licence" bid round. Results due soon.
Petro Matad also been pushing for "Renewable Energy" which nobody in Mongolia previously looked at all these years.
Central Govt now putting policies and Compliance framework and Governance in place for investors and giving a clear message that Mongolia is open for business.
Sit tight as we could soon see back to back RNS.
Petro Matad been leading the charge on "Multiple" fronts. Mongolian Govt wants the domestic Explorer and soon to be Oil producer to lead the charge on both fronts to decrease reliance solely on Petrochina.
Good chance of spud date this week
I don't see any reason why LP wouldn't be granted. Every body benefits from oil whether it is china, Mongolia government and also Mongolian people specially the locals. If MB had any doubt or wanted to play (according to some guys here) any games he wouldn't order the equipment! He said LP and running H1 would be his top priority. That is why I think he prefers to get LP secured first. None of these activist said anything about MATD. I guess we shouldn't really focus too much on local news.
There should be no reason why we wont get the LP eventually. Except for corruption. Mongolia quote literally sandwiched in between two of the most corrupt (and powerful enough to make it count) countries on planet earth. They will surely have agents active in Mongolia and I’ll be amazed if there are any serious consequences for Petro China.
UNWOSPOS still here, leaving droppings all over the place....telling us all to 'be happy'....As if he knows anything lolol.
I don't leave money stagnating anywhere as a rule, but really thought it was worth it this time with the yak. However, Q2 looms, the locals and activists are hindering and the CEO is AWOL ! Would have been better earning interest somewhere and trading other shares in the interim.
Through the lack of news and absolutely no communication this BB has become massively unbalanced. I can assure you i am not a trader as i would not make any money out of it nor do i want to see the share drop and i will admit that the word "tank" was rather over the top so let us just say drop possibly back to 2.5p unless we get some kind of inkling as to where the hell we are in this process. We have a hell of lot of conjecture and very little actual information. We have those who think this share will fly to the moon and back on the first sighting of an LP (god how i wish) and then we have those who think that the whole company is a sham and MB the biggest shyster since Al Capone.
My view is we will get the LP eventually mainly because if we do not it sends out all the wrong messages to other western countries that they want to invest in the country. The problem, at my end, and i think is the same for a few on here is we have no idea who is either steering or driving the ship. Is it the Mongolian Government or is the Local Government, who are the same world wide, just an excuse for a glorified talking shop, just the subject matter varies. For the price of milk over here read the price of Yak over there. The LG will come back and say we cannot reach a decision, which is short hand for we do not want to upset the protesters. The MG passed it back to the LG for exactly the same reason they did not want Greta Thornberg on their doorstep so they off loaded to LG. It is a kind of pass the parcel and who is holding it when the music stops has to make the decision. No one knows when the music is going to stop. And one thing for absolutely sure is that MB has no idea how to drive or steer this ship or make the music stop but hopefully he knows his Geology and finds us a transformational field in the Raptors. At the moment i have a feeling he is out of his depth. But then i do not know anyone who could have trod this mine field but now it needs a "Don Corleone" and make the MG "An offer they cannot refuse".
"I feel he believes we little investors shouldn't have the audacity to question him" - absolutely Dozz and that is why instead of holding the AGM in London, where the majority of investors are located, he seems to be holding it in Ulaan-Baatar. Although no one knows for sure where he was then or even where he is today.
And even if a LP is issued at last it will not be done thanks to the efforts of this idler. But rather thanks to our sounded alarms and contacts to the British and Mongolian authorities to this ongoing disgrace. In addition, I'm not sure that this chatterer even having LP will start drilling Heron. Most likely, he will start gamble drilling Velociraptor and then, having failed, will make a new placing in order to rob investors again for drillings Heron in April-May 2024. I would really like to be wrong, but something telling me that this is what can most likely happen.
Mr Ibiza admit he try to talk share down to trade it (check post from past).
Also be admit he very bad at this for trading & now know why Lol
I think you talk very sillly sometime Mr Ibiza about last post from you show this ;)
Be happy but honest please :)
I think master82's research is what we all need.
WOS said he wouldn't post again, that didn't last long.
WOS keeps posting until people reply to his Subject line.
Looks like a ramper to me.
I have blocked him again.
I think people are more then aware on the news incoming, there's also sideliners here waiting, two big projects are about to get the go ahead so I don't think anyone apart for unresearched day traders will leave, tank is a big word, matd moves fast when there smell of news now imagine when one these big RNS's land
My concern is that if we have no news by the Easter weekend this share could tank over that period unless MB can give us an update of some sort rather than just let this share drop which it might well do. However the Easter weekend falls immediately after the start of the new fiscal year so therefore that opens the window for people looking to increase their ISA holdings.
Fingers crossed all falls into place this April
Good posts from all this morning, yes no one knows for sure when LP will land, but from master82's research and finds on Facebook does give you some info and evidence that we are now close, meetings about it have taken place and yes other things are now happening
But I really do believe the activists are not concerned about matd as it's PC that has been behaving badly and the fact we are a British company still does hold value in people's eyes that we won't be as bad as PC well I hope people around the world still see us with some value
Anyways we can all discuss here to ease the mind or we can all not post anything and watch paint dry which is harder?
Iamrich, Imo I think all of this is good for PM, this brings everything out into the open. Locals will learn that PM is not PC. Once the MG get on top of this I think it will bode well for us. They are now setting up central government officials to monitor the workings of the oil companies. The PM, Nambaatar the justice minister are all getting involved. This will imo shed good light on PM and the way we work. It will hopefully then bring to an end or minimise the constant issues with the activists. As said before I am totally pro PM, I really think it will come good so I'm not selling anytime soon, hopefully the LP comes soon, haven't got a clue when we will get it, my only gripe at the moment is Buck and his lack of communication, and this has been my main problem for a long time. Imo I really do think he is arrogant and condescending and treats us private investors with contempt. I feel he believes we little investors shouldn't have the audacity to question him and I do wonder what the locals and Mongolian government think of him.
More likely MB is waiting to get LP secured first as it is his priority he said in his interview before release/confirm any other
News. Hopefully this would be the case.
wise owl you don’t want to post again then please don’t ! you won’t be missed,
I do not want to post again but understand why stock market full of people who do not understand business or investing & lose money
I say MATD holder will be happy but next week does not mean LP but look at all other news. Understand?
If LP not here by end of April you think investor will not have excitement for Velocirapror operation advancing? Does not matter you say what if Velocirapror does not hit oil. Many many investor will be in for Velocirapror and like mr Mike Buck say "potentially massive" & in proven petroleum system. Other people will think what if it does hit?
But LP will be very very soon. Like I say believe it or not.
Look for RNS of Major Drilling Group for MÀTD now :)
Be happy real MATD share holders :)
iamrich - wrong way around. Let’s hope you’re right and we all make some good money sooner than I reckon.
No but it is the rather sudden change of position from Friday night when he said next week now to sometime next quarter and just wondered if he had read something or seen something new that made him change his view. And now the enigmatic" we wait till we see if i am right". He seems to have a whole data base at hand and i suspect he is a company mole may have been dropped a hint to spread this out a bit. Hope i am wrong but potentially end of June is a long wait for something that was meant to be here by end of December.