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With the spud date for V1 imminent and only being a 20% cos and no LP in sight "yet" so unless it is announced that the LP has been granted in the spud announcement or very soon after It looks like to me (and this is just my opinion) that the SP isn't going to have much of a rise until results are in that It appears to me that the run up from Β£0.03p or so to Β£0.35p being predicted that happened back in 2017 isn't going to happen this time. Why? Because unless the elusive LP turns up were just a wildcat explorer. Yes we have discovered oil twice but still can't exploit either doesn't change the fact that the previous RNS announcements havn't done the SP any favours so those looking to top slice or bail out if havn't already done so, I have a feeling there are going to be a few disappointed people not seeing that rise . Let's hope MB can turn it around and rightly so Blow the bloody doors right off this with a company making RNS very soon. π Not long to find out. GLA Have a great weekend JTB.
So in that scenario BP PC should be made to do the same. Won't happen. But of course production needs to start. On another note we're ever closer to the spudding of V1 π GLA
Wigster77 I will always remember what my old dad kept reminding me growing up, Remember son that successful people don't need to put others down. ... GLA
The Blessing shows that the locals ARE on board. All looking very interesting now, my anticipation is building now π really hope the drill site for V1 hits the sweet spot or at least oil show's and then onto V2. Just a matter of weeks after so long waiting I really hope it's a successful outcome. GLA
Normally it's around Xmas time so a little late this time but it is quite a few awarded so does this mean news soon, V1 ever closer. GLA
Master, Because those who know know. GLA
π€£ππ€£ GLA
If that was to happen BP my question would be would we have to start the process from the beginning again with a new CEO at the helm? When I 1st bought into Matad it was the prospect of V1 which I'm still very excited about and the multi million barrels of oil potential but this LP debacle continues. What a hindrance it is being, so hopefully MB will still be around to bring this company to fruition. Frustrating as it is with one delay after another only time will tell. Enjoy the bank holiday weekend people and GLA
For anyone who doesn't have Facebook cheers Dozzawba https://www.mongolianminingjournal.com/ GLA
//But imagine if velociraptor hits, and we get LP// Happy early retirement for me if that was the case π GLA
Let's not get to despondent people it's been a long haul but we surely carn't be to far for positives. Still V1 ever closer. GLA
Took advantage of the drop today and slightly averaged up but couldn't resist a few more as for me V1 is getting ever closer and after 6 years waiting this can only go back up. If it had gone any lower I would have doubled up as my average is 3.25p GLA Not long for spud :+))
Now we know for sure TMK are on track which should surely mean MB has a spud date for V1 penciled in. Will we get an operational update within the next few trading days? hope so π€ it's been a long wait. GLA
I wonder if and when PM will get on the list https://www.mongolianminingjournal.com/a/72849 GLA
I second that. Lunatic fringe MisterPositive.
Seems everyone and his dog are making headway we need Comms MB, https://drive.google.com/file/d/1iW80AHGD4mIyDKofhBNEYFx6hAPdMSU_/view?usp=drivesdk
Hence why I reckon the end June. GLA
As the month of June approaches rapidly one would hope that it's a possibility Dozzawba but yet again PMs Comms are few and far between yet again. There must be an operational update due soon. GLA