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Header say all & worth read all post for (serious) investor. We start off with this and apply Analytic / Professional assesment.
- Petro Matad have OIL ASSET & FUNDS until "at LEAST July 2024"
They have Cabinet Approvel of Special Land Certification for land access. This is real iss that poster discuss but look with objective eye and like I point out VERY important point.
- Certification made under designation of Project of National Importance. If local govt try to block this they can be imprison under new national laws.
MMHI, MRPAM & Land Agency FULLY behind Petro Matad. ALL paperwork sent out & ready to be sign. Again if local govt try to block they can be IMPRISON.
This is why local govt in Dornod say if Central Govt decide something we are powerless to stop them.
- Service providers ready & all equipment paid for. Also multi well program already agreed.
- 2 New Block applications and first one all negotiations for fuscal terms agreed. Remember this blocks are same basin as alreasyPROVEN & PRODUCING basins. This is like est 3 BILLION we already have with Toson Uul basin in Block XX extension which will be develop same time as Heron.
- Renewable sound to me like Contract news ready to be release and maybe investor look at Final Results June 20th RNS about "Contract / Near term revenue" from Renewables.
One who get past personal emotion will see how strong position for Petro Matad is with solid base to grow into multi factor Energy company.
Heron, Block XX extension, Multi drill partnership, Renewable entry into one if potentially global biggest markets & look toward net export to China, full backup g if Central Govt & well funded.
All talk of Mr Mike Buck should go is not Intelligent investor talk but emotional sillliness imo.
Back to main point. Petro Matad have full backing of MMHI, MRPAM & Land Agency with ALL paperwork ALREADY sent out & no option for local govt not to comply with Central Govt instruction.
Very short workover with all equipment IN COUNTRY & PAID for.
Also farmers compensation / alter active grazing have already been discuss & will be small amount of money with all further obstruction with this removed.
This is sound Objective analysis v Emotion driven posting by some 😏
Make own assesment on own research & be happy with investment decision 🌞
Like I say Objective assessment v emotion driven anonymous BB poster silliness 😏
Your choice
WOS - I see you missed out "VERY SOON". Hm...
WOS - we’ll see what the market thinks of it all in 30 minutes.
I have reset my timeline to Q2 2024 with the next battle likely to be with Petro China and getting a firm contract, not an MOU.
Mr BP "Very Soon" still apply with ALL paperwork already sent out by Land Agency and Service Providers ready to go.
Mr Doc what market think over a short time period is not relevant to me. I have state my investment timeframe many time & ROI I expect 😏💰💰
Why is PM paying useless staff in millions. A big scam. Get paid for doing absolutely nothing.
MB IS IN SINGAPORE AS USUAL.
HOW CAN YOU OPERATE FROM MILLION MILES AWAY .
If he doesn't give s it about PM why do you think the MG are going to rush .
MB is our problem no one else.
08:35 POST
Great post this morning at Mr Thornogasson. If people want plain facts go straight there.
Heron 1 is simple 2 week workover with all weatger rig I believe. Do not worry about Winter if I am correct.
Good point mr c001959 (16:57 post). I mention this about comment re: multi well drill agreement with contractor (DQE i believe) but people more interest in hysteria today 😏
Think with all Central Govt agency fullysupporting Petro Matad and Special Certifucation importance can punish any obstruction with prison then we will get start of operations soon enough.
Choice to hold shares is individual one & cannot control this or immature posting on BB by bad researched posters lol
My hold is unchanged for 18-24 month timeframe & many multiple ROI so today drop just event that does not impact this.
Very soon large buyers will replace little traders anyway I think. Maybe this will be start ;)
Be Happy & enjoy weekend 🌞😊
Mr WOS needs to move from his - already v good - A game to his - only glimpsingly seen so far - A+ game to keep this doggy talked up over the coming months, I feel.. And I'm v much looking forward to watching him talk his A + talk !
Here's to the talking mans talking man, the one and only Mr WOS, keeping this from going no lower than - lets say - 3.25p in coming months ?!!
// Special Certifucation importance can punish any obstruction with prison//
Stop talking about prison you twit - NO ONE IS GOING TO PRISON - PERIOD!