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LOL - yes, stay out & make sure you do not buy! 😏
🦉
And Buck may already have the Mata Sum LP signature but is dovetailing it in a DQE partnership deal with a head of company signature for financing H2,H3 etc etc and timing . We already have paid for kit and 2 week working in ready on H1 .
All ready for May start ! GLA genuine investors - ignoring traders
Deatail is everything so while person tell everyone to calm down better to look into this to make INFORM investment decision.
Only person who "won't sign" is Provincial governor - this is for Plan B Special Certification path so let us look at this first.
Special Certification already passed by Cabinet but Provincial governor say small land overlap - this have NO legal base AND (very important) Central Govt power can overule this.
BUT PERMISSION ALREADY AGREE WITH PLAN A - Local District permission which have backing of Land Law.
No problem with Mata Sum "won't sign" - it is AGREEED and waiting for paperwork draft and signature of Mata Sum & Petro Matad company.
*This may already be with company just like when people wait for RNS about money transfer from Finance Ministry - Company (should) but do not need to RNS this.
They prepare for Drilling Season 2024 and this is position now - unless they say otherwise we moving into PRODUCTION / REVENUE this year!
🦉
Lol, good on you Hamm. Happy Easter everyone, may the easter bunny be generous to you all and here’s hoping the Mongolian Easter Ink bunny delivers said goods to anyone whose pen has run dry. Gla
Well said Wos.
Mojito, Charity name, not a problem.
Guys have a lovely beautiful good Friday and Easter.
Guys, Enjoy your holiday and get ready for the biggest jackpot you might ever have in your life.
God bless all
Hamm, can I be the charity of your choice ?
Wigster77, really lovely thought so I will do the same.
‘Hamm, if this 10-bags on signature of LP alone I'll donate £1000 to a charity of your choice.’
Yes I agree Cyber.
We've waited for this a while and some perseverance and patience is now required to see this through. I am sure Buck and his board are aware of the situation and understand shareholders concerns. For us LTH a few more days won't make that much difference
GLA
Hamm, I think buck knows exactly when this land use agreement will be drafted up by and sign off will happen so won't do the AGM untill then,
Next week looking good here beena month to get paper work done and I'm sure they too have a time frame to have this sorted by,
Loads of people sold out due to the bank holiday weekend and guessing massive buy back will happen. On Tuesday as we open up, plus the time frame suits for this to be signed off
"@ WOS - the Company DOESN'T have oil, Mongolian land has oil and the Company isn't being allowed anywhere near it."
Mr PatShare - this sort of argument does not really mean anything to me.
Petro Matad have permisdion to exploit oil. This isxsane sort of system I'm other country where Foreign company exploit domestic resources.
Legal ownership argument not even issue for investment but more big BB type of manufacture issue Lol . More important is Govt Policy / Reform going forward.
Now REAL issue is LAND ACCESS!
If this was already concluded with RNS then price will not be where it is Yes! So we look at all situation / development / strategy of businesses & JV partnership developments - and decide what price projection is.
Think ALL (or most) will agree it is major UPSIDE from price now.
Lot of what you call straw person argument make way on this type of BB LOL!
Like I say before - holiday for you tomorrow & Monday but NOT in Mongolia.
Buy or not who care - everything point to Block XX development this year and one who hold share will benefit from this 🦉
If the market agreed with my view i could not make money.
So again if you are convinced about your view be happy with opposing view and profit from it
Simple
Growmorecash... relax...
You should be happy with an opposing view. That should help you make money....so relax
I am for one very happy with all the ramping going on. Seen from mynpoint
You are a nasty delusional, UNProfessional.
Matd sp can EASILY attain 10x from today's price once LP given and Heron begun...they will be PRODUCING oil ❗❗
Hamm misspelled...He ofcourse doesnt mean LP= x10
He HOPES lp gets this TO 10.
My guess spike to 10 already optimistic and than drop of because of people finally able to sell at a profit. People shorting (me!) and anticipation/forward selling of expected fundraise.
Imho ofcourse
Weather is still - 12.
Mid/end of April is starts getting warm.
Plenty of time.
Holding agm till LP secured is a very good sign.
If it 10 bags it is less than 5 bags for me so I want a lot more than that
Hamm, if this 10-bags on signature of LP alone I'll donate £1000 to a charity of your choice.
GLA & ATB
Nayers in full force shows RNS LP just at the corner.
Guys have no research should not be here.
MATD has great future.
The share price still tooooo cheap to haggle guys.
Buy and enjoy the rise.
LP=x10
@ WOS - the Company DOESN'T have oil, Mongolian land has oil and the Company isn't being allowed anywhere near it.
What really amazes me is how Petro Matad were allowed to drill a hole to find the oil in the first place. There is something fundamentally wrong with the way this has all panned out so far.
Weired
Last Market open day until Tuesday (you have holiday in your country) - Mongolia open for business!
"PetroChins has announced that it will use RENEWABLE ENERGY in all its mining activities from 2033 "(so shift to this will start to happen earlier). - Source: BloombergMongolia.
Investor maybe look at strategy PetroMatad / SubSteppe strategy to take market share in Renewable for mining operations with other also on same shift - this together with Domestic supply / China energy import if renewable with Mongolia logical source.
First LP but think clever one will see clear path of growth / shareholder value into major Energy company!
Invest or not in this! 🦉💰💰
Header say all - from RNS - 132 TONNES of fuel given - Company have Oil - Central Govt full backing - Protected by Land Law!
Also reason protestors even mention LP about to be handed over in multiple FB posts.
Buy or not but when this move - it move!
Keep focus on Investment! 🦉💰