RE: Petro Matad Energy Ltd24 May 2023 16:40
Come on WOS play the game. Good day on here bouncing back and forth ideas thoughts etc, don't spoil it.
Mr.P the good side to this BB, as I have mentioned none of us know, it's good to throw ideas around of what it could be and we agree/disagree etc etc with no animosity. I tend to disagree ref JV hence why the LP is taking so long. My biggest reason for the JV is the new oil refinery and MG having enough feedstock for it and I think a JV with PM on oil as well as new licences and renewables stops a potential takeover of PM from PC. The same as PC did with Soco in Blocks 19 & 21. Heron has already discovered oil, Velociraptor hasn't, new licences haven't. MG need the oil for the refinery. They can sell to PC up until refinery ready to generate revenues for both PM and MG, but after that they transfer it to the oil refinery. As said my thoughts on it, be happy to hear other thoughts