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I agree Pro.
The longer this drags on towards the elections, the harder this is to get over the line until after the summer. A signature and authorised permission to start pumping oil and revenue is vital to keep this investment as a potentially fantastic multi bagger.
If this drifts on without that signature within the next week or before the end of this month, I along with many others will start fearing for the worse.
This is all pastry and no filling at the moment!
Can see from all (angry lol) posts people do not understand and why share price has not reacted yet - IT WILL!
AGREEMENT is price sensitive and base in many tyoe of contract law (Mongolia not sure) - signature is not if market already told that Agreement for terms already happen.
Acceot or not no problem - I expect you will be holding stock BEFORE next AGM 😏
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Wos are you indeed stupid? Genuine question
MB needs to RNS market sensitive information. By law.
I think an actual signature is price sensitive so the fact we have had no RNS means imho it is not signed which is worrying..
If MB like you think it is not price sensitive then well why should people stay invested here as the news we are waiting for is expected to not influence the SP
You cant have it both ways Wos. Try better SIR and be honest
OPERATIONAL RNS UPDATE wiol give us timeline from Contractors for Block XX development start (and maybe DQE JV details etc).
Believe it not no problem - your money!
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Read ORIGINAL header post 06:46 - Plan A AGREED but alsonoint that Mr Buck does not RNS every small detail.
If he say Mata Sum AGREED then he probably will not RNS paperwork signing for something already AGREED (if you do not believe this from way geceirk in last with RNS then no problem).
He say they already PREPARING FOR OPERSTIONS WITH CONTRACTORS but again replied I get tell me investors do not understand & why SP not shooting upwards (Yet) - this is good to know why.
I don’t know that WOS is actually out telling lies, or just that he is a delusional fool.
He’s posted similar three quarters of the mornings since he joined the bulletin board and started his first (of his now thousands of posts).
Maybe it’s lost in translation?
Maybe it’s that he thinks putting this continuous **** on that it helps the share price?
It’s just ruined the board, and if anything it does the opposite.
Not playing with a full deck I fear.
It’s almost bordering on lunacy!!! The guys over 5,000 posts in in 15months.
Wos stop telling lies.
Plan A: not done yet. Still needs to be put on paper and we know how long that can take AND that it all can change again.
Then we have land USE and they can start work
Longer term still need land PERMIT....
Can they get it ? Ofcourse..
Will they get it before next raise? I doubt it
But lets see
'PRICE SENSITIVE' not there as he ALREADY say Agreement reach & PREPARATION for 2024 Drilling Season.
Biggest problem is investor like you who do not understand difference between Land Law protected Plan A and Special Certification route Plan B.
Plan A or Plan B do job and we ALREADY have Plan A - Block XX Operational Update RNS fit start of Operations (and possibly DQE deal etc) due WITHIN next few weeks!
Be Wise 🦉
Yawnnnn
Mr Ibiza - What are you talking about??
Petro Matad ALREADY have agreement from Mata Sum Local Authority for Operational start of Block XX! - Plan A
Provincial leader signature for State Special Purpose Certification - Plan B
They DO NOT need Plan B to start Operations - do you understand this?
Post / points at 06:46 STAND!
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WOS, you posted on your own thread where only you had posted!
Lay off WOS one thing at a time. Let us get this B*****y LP from this dodgy provincial leader and then you cal talk about how fast this SP will rise. No one is buying it any more and dare i say it but very few are buying this share.at the moment.
MB has to make something happen before presentation as he cannot do it at the presentation as it would be price sensitive and therefore after presentation this share will tank. It will happen it is just a question of when and at what cost to PM. those are the unknown ponderables. One he can cover at meeting ie finances the other he can infer to but cannot say anything directly unless RNS comes that morning.
Lets hope it does not drift much more so frustrating but you know as soon as RNS land market makers will lock out buys and hugely mark us up
Think you know Who/What I was LOL'ing!
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LOL’ing your own post? Sounds about right.
As said yesterday, we will get an operational update for the AGM. MB has delayed it so let’s hope he has good news for us.
LOL!
Header say ALL - this is Massive move for compan from EXPLORER to PRODUCER ➡️ Revenue Generation & Growth.
Mr Buck is not like si many Aim CEOs - he does not boast or does not do PR (maybe he should) but he just look at GOAL ➡️ REVENUES / GROWTH / SHAREHOLDER VALUE.
We understand how quickly this can move but also sentiment with low attention holder - With Production / Revenue we get BIGGER / LONGER TERM INVESTORS who also look to Dividend (not just Capital Growth which will come).
I accumulate base on my OWN investment strategy - think BB wioo be very different place in couple of weeks as we all look forward to DRILLING SEASON ➡️ OPERATIONAL RNSs ➡️ SHARE PRICE RISE!
Again BUY or not - Petro Matad moving to PRODUCER status!
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