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Doc83 couldn’t agree more with yourself the wise pigeon is given the same old rubbish LP any day does he mean any day between now and next year or after that etc, the rest of my Holdings will be gone between five and 5.5p, sick and tired of these idiots saying should be 6p well it isn’t people saying 58p why don’t we get to 5p first before you stupid numbers like 58p, that wise pigeon, give it a rest, if the LP is not given then MATD should hold all operations in Mongolia and start court action against the Mongolian government and we can all see what’s happening. It’s pathetic. Why would you drill one more hole in Mongolia when you have already found the black stuff and you cannot even get it out absolutely pathetic. Let’s see what the British ambassador is doing for the British company
Craig Howie at Shore Capital, the group’s NOMAD and Joint Broker, has an updated risked net asset value of 14.5p on the shares, against 11.5p previously.
Shore Capital rate the company’s Velociraptor-1 well as being a ‘potential company-maker’, targeting 200mmbbl.
His estimates for turnover in the 2023 year to end December are $4.68m (nil), producing a loss before tax of $2.37m ($3.27m).
For next year he has predicted a very much higher revenue of $13.87m, upon which he forecasts a $1.64m pre-tax profit.
Analyst Peter Hitchens at Progressive Research, influenced by the Velociraptor prospect, has increased his risked exploration net asset value for the shares from 29.0p to 58.7p per share.
I agree it's the same old, same old.
Nothing changes.
Except of course the change of law allowing central Government to over rule local councils RE land access.
But apart from that.
Oh, and this week's local council meeting.
But apart from that.
Oh, and the local councils new less tolerant approach to the environmental activists.
But as you say.
What's changed?
Thornogson - there can be as many meetings and changes of law as you want.
But do we have the LP yet? And can we drill our oil out of the ground?
UWOS - no pant wetting here. I’ve a decent holding but not over exposed, and bought a good chunk in the 2.5p raise, unlike your 3p+.
DOC . Were not going to get LP so you might as well sell up whilst your in profit.
Things in Mongolia moves slowly so youll have to be patient like rest of us.
Lol he did this Friday Mr master and why he running around BB with slippery wet pant now ;)
It was slightly tongue in cheek Doc.
'What have the Romans....'
But the change of law to allow land rights to be enforced centrally really is a big difference this year.
Local Councils may now be more open to discussions with companies like Petro Matad knowing that ultimately it might be forced on them anyway?
Time will tell.
It's your money. Mine is staying here for a bit longer.
Will put in clear English for one who do not understand.
Now Mongol Govt decide - Before local council decide
Ambassador and all other say Govt support MATD but can believe sneaky poster like mr Doc instead if you like ;)
People who hold MATD share sit comfortable for RNS now :)
Thornogson - ditto. I’ll be staying around. My issue is unashamed rampers like UWOS. I know him from other boards and he’s dangerous.
Skip past their posts and ignore the noise, it's simple enough.
DOC let rampers ramp and let derampers be negative . But your both ways. You're like wind keep changing directions.
Master - if you read my posts, I’m very consistent. I’ve always said there’s a great opportunity here but not to think it’s guaranteed.
A little bit ironic though from you, who went very despondent at the cash raise but is now back to being positive. But you are one of the very few posters on here who posts really useful research so I am grateful for that.
Doc
If we had the Land Permit already, then price would be 24p+ not just 4p !!!!
Investment is lot more about psychology. LP is coming soon and there will be a massive re-rate.
Everything else is in place. LP is massive catalyst.
Misterpositive - I agree.
My point is that LP isn’t here so don’t count your chickens or 58p’s just yet.
Any prospective new investor coming here would read UWOS’s and iamrich’s posts and think it’s a done deal.
I think folks are getting too excited about the LP. It's what PM DO with it that matters.
Pump oil out of the ground?
Doc
May be some folks are more excited than others. Norhing wrong there. Happens on all boards. We are all excited after all these years.
We all need to focus on the Company and investment not people.
Mongolian Govt is pro MATAD and want local Oil producer alongside Petrochina. There is a Major shift happening in Mongolia now and Govt is putting all policies in place for Future Investors to come into Mongolia. That would also include Fund / Investment Managers to start looking at fast growing companies. Also do not undermine the Renewable Energy landscape. MATAD is in a very strong position on all fronts.
Spot on Doc..Nothing new to report on MATD today...
If it lands tomorrow the open price will be huge
The Sun'll Come Out Tomorrow
So You Gotta Hang On 'Til Tomorrow, Come What May
Tomorrow, Tomorrow, I Love You, Tomorrow
You're Always A Day Away
Exactly right Zellman: Nothing new to report on matd TODAY - could turn out to be different however in the next few days - who knows?
What I find disturbing is that several posters keep pounding on the absence of the LP and/or other business relevant news. Investors (and posters) are aware that certain (formal) hurdles need to be taken before PM's SP takes off - that is nothing new. However, the way things look today the chances of receiving the LP and consequently extracting oil from Heron are enormously high. I haven't heard the "usual suspects" talk about that. Once the permits etc. are issued, investing in PM's SP will be what everybody wants.
Make your choice: Do you want to invest in great potential (like PM) or do you want to invest in secured potential (like BP)?
Don't get it zellman and doc, so do you guys get reports in other shares on a daily basis? Are you guys ok in the head? There is constant new information in MATD, so e posters here are keeping us informed like master82 has managed to find out local meetings are taking place, also matd on Bloomberg news stating they are ready to resume operations,
Why do you both constantly try and I directly deramp or be negative just buy in, this ain't getting lower and if you have shorts open close then trust me you could get seriously burned if that LP lands,
Imstio being childish and posting stuff like nothing to report none of you have posted anything positive or or any research here, only the invested will naturally be positive and research,
Get lost chumps we know what your uo to
I don't think Zellman or Doc are putting a negative spin on it. They are just being pragmatic.........we haven't got the LP yet and Velociraptor drilling dates are not yet confirmed, so it isn't in the bag YET !
I've been in a number of so called dead certs over the years only to be left disappointed and significantly down in my investment.
It will come, when it comes.........we are not there yet ( though more optimistic this time ) and any new investors thinking of jumping on board need to be aware......... thats all they are saying and they are right .
Think narrow mind better word then pragmatic lol
If pragmatic would see all progress made with Govt & not pull random figure ffrom buttt for chance of LP lol
Be happy & genuine sir :)
Thanks, Lockie.
I am invested, I am not shorting and I am hopeful of a successful outcome. But it is not guaranteed and the delays suffered so far support that stance.