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Petro Matad CEO Mike Buck confirmed that he believes the Exploitation Licence for Block XX in Eastern Mongolia is likely to be awarded in Q2. Watch the full video here.
Posted in: MATD
I am thinking 14p - 20pThat would make me very happy!!!!
Very positive and once we have final stamp of approval can only see a big upside from here especially with Petrovis support.Goodluck LTH's 2021 could be the start of something mush bigger!!!
Hang-in H202 licence welcome hopefully April/May. This will then take off.Wonder what happened to the chatters saying sell up and get into 88e????
Morning PD & DZ another day closer
Petro you do know that BG was getting involved with MATD before Shell bought them out!So maybe that's what you heard or where it came from.Fingers crossed it is new interest!!!
It is just a waiting game wth a bit of patience required.Will be rewarded I am sure. Goodluck LTH's
Patience I have been waiting since 2010!!!It is coming just a waiting game. Lots have accumulated on price drops.Once EL Hits plus any news on a JV to boot look out.
MM's may try to push price backdown but anyone with lower volumes or higher entry cost great opportunity to top-up prior to final approvals and exploitation licence.This will be huge winner by mid-2021.
Thinking we just burn off the 2p's today and hit the 3p band.
Ojay may have been high 1’s and 2’s been here since 2010.Was going by memory but did remember was perfect time to top -up as is now.
Well done Grogers. I did my top-ups a few years ago at 1 and 2p.Hopefully we see 50p - 1 pound next year once oil flowing.Goodluck LTH's
Matd would have to be in pole position to be One of the suppliers once we get our ELHopefully now department set-up licence news is forthcoming.
Just time the oil is there i have been here 2010 so after 10 years what is another one.Those who don't have many or need to average down good time.
Who keeps doing the 1 buy to indicate an RNS?
Been a while since see. Big volume buys!!!Spec or news coming?Take off coming soon. Goodluck LTH’s
Just a waiting game. Anyone with high entry cost good time to average down.I did a couple of years ago when hit 1 and 2p.Happy to hold await licence news which will then open up funding opportunities etc.Goodluck LTH's
Travelling through the process just a bit of patience and we will be rewarded LTH's
Is today election day!!!
Maybe that seller has finished and shares be bit harder to accumulate.Lets get back above 4p pre-licence. Finger Crossed.Great Weekend All
Someone needs some dough. Now that 1.1 Mil sell is gone we might start to move up again.I have well over a mil in MATD and sticking fat and getting my reward for 10 years.LTH's will all be rewarded.