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Helpful map reposted . Page 5 says it all
https://www.petromatadgroup.com/wp-content/uploads/2023/02/Corporate-Presentation-15_02_23-Petro-Matad.pdf
I for one have huge appreciation for the research you’ve carried out to keep us in the loop .
Please don’t get frustrated with a minority.
It’s clear that LP was coming to a positive conclusion one way or another .
And your findings re the letter are further proof that official positive news is coming .
Thank you again and please keep up the great work
It’s incredibly normal for a share price after rising substantially to find a new level of support. We went into the 6p level after only reaching the 5p level during the last week. Lots of buying currency so it looks like this is the next support level , before going up to the next and so on. Micro managing isn’t healthy. Buy hold and await transformational developments over the coming weeks . I’ve managed to to add more today on a couple of occasions and now used my full ISA allocation. I’m delighted with that . Good luck to all genuine people here
Today will be a blue day . The small drop was a settling period following last weeks gains .
There’s lots to look forward to regarding multiple news items.
Additionally Mongolia wants to place itself on the world map for foreign investment.
ie attract companies to operate and maximise the potential of huge untapped resource .
MATD are perfectly placed to take advantage as we operate there and have long standing relationships.
I’m invested in other companies. Not as much as here , however there are a few decent opportunities.
My second largest holding is PRD. Fully funded and on the cusp of transformation. It’s been along wait but this month a number of aspects will come together. Research PRD and see what you think .
MATD however for me and the very obvious reasons is the stand out .
Be interesting to see the last hours trades .
Clearly we are very strong at the current level and ready for the next level to consolidate within , prior to the next and so on. The potential is just incredible. Plus it’s like we haven’t even started
The current share price is a fraction of what it will be over the coming weeks. I understand the excitement but we are know where near fair value.
Numerous reasons to add to current holding .
Just relax and watch everything come together .
The update is comprehensive and fantastic. MEM is incredibly transparent. I ignored his ramping when he was in and I’m ignoring his negatives since he sold. There is a huge amount of fact based information in order to carry out due diligence and make informed decisions.
Every company has or should have short medium and longer term strategy. We have all 3 here. The share price has dropped the last few days but I will simply thank the small minority for allowing me to buy more today than I thought possible. Perspective is needed. The market offers opportunities, there are buyers and sellers. Far more large buys in the 13p range recently than sellers in the 10p range . I’m utterly relaxed and content. News on will come .
I’m of the opinion given the quality of our directors that we will receive a detailed and comprehensive update via RNS in the near term. Clearly a lot of work going on on the background. It’s also worth noting or indeed remembering that an RNS is a compliance news release. Numerous detailed hoops to go through. Best just absorb the last rns and relax knowing that when we get our next update it’s likely to be very significant.