The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
can't imagine an rns agreeing a dqe deal landing before the LP is granted, a drilling agreement on land we don't have access to wouldn't make sense, so i'm thinking/hoping that the dqe deal is already signed and just needs dating. then when the LP lands we will get one rns for both the LP and the multi year multi well deal with dqe and what a transformational rns that would be, it would be lift off for our company, the sp would rise to x? you fill in the blank lol, all just my opinion of course, got to go and have a lie-down now getting far to excited lol
GLA
I'm thinking if the velociraptor drill is successful and achieves 200 million barrels recoverable then that it's surely going to give MATD more influence over the MG regarding the granting of the LP. Come on velociraptor. GLA
The government minister told MB it would take him 1 to 3 months to get the LP sorted, that's virtually like saying yes you can have it but it's going to take me some time to get it done, maybe he just got his sums wrong and he should have said 2 to 5 months.
Although the LP is important and nothing can happen without it I believe that a multi year, multi well deal signed with dqe will show the market that this company is going places and will be the catalyst for a large rise in the sp, just my opinion. GLA
Ojay......have to agree with you imo concentrate on getting the LP and lets get production going and make the company self funding. regarding the velociraptor drill i know mb has said 20% cos but i just wonder if he thinks he knows exactly where the oil is and if that's the case and the drill comes in the man wont be a genius in my eyes he'll be a god and i'll be doing most of my praying around the med
well that was a kick in the nuts didn't see that one coming, so we've gone from having 6 mill in the bank and being comfortable to needing another 4 mill in a few months. Perhaps they have sorted the deal out with dqe and realised that they need most of the 6 mill to plough into the development of heron.