RE: China & Mongolia: Strong Energy Ties – A Positive Outlook for Petro Matad?7 Mar 2025 09:33
I genuinely believe the news will be a great result for shareholders. It’s true that cash is king but with $10mn of oil waiting to be sold, and a great number of assets, the permissions are near and partners in PC will be ready to pounce. Also renewables is looking extremely promising so all considered we’re looking at considerable value for shareholders. I’m guessing 20p per share but perhaps sell Heron for $500mn (?) and focus elsewhere….
BRV Capricorn