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Off topic people but had to through this in some Mongolian culture hope yous enjoy https://youtu.be/4Y2gK4n35hw
Let's hope for success for V1, fanatic news now we can move forward. GLA 😁
Economic forum https://www.mongolianminingjournal.com/a/72978
TheCondorMan 19mins and 25 seconds into interview from Mike Bucks own lips near 2 years to be on stream if V1 is successful also transcribed
https://youtu.be/NO6lIYruWDM
Vikinglass, imo, I think without LP even if V1 is a success there isn't going to be that much of a significant uplift in the SP as the oil from V1 will be at least 2 years before any production comes from It. As stated by PM it gives them enough time to apply for the EL before licenses run out next June but should not take as long as the EL award for Heron as the procedure is already been set out. GLA
Curious to paraphrase = ""/During 2022, the Company continued to make progress ... but remained frustrated in its efforts by the ongoing land access dispute. However, having made good progress with central government, the Company is confident that the land issue will be resolved during 2023 ""/ Realistically this could also mean upto end of December with the possibility of no production and another wasted year and then to top it off elections 2024. GLA
Been more protests https://jaran.mn/i/3472
I don't think we should eliminate the possibility of methane being a possibility, don't forget TMK have just recently had a successful drilling campaign in Mongolia and as nothing has been explained about PM Energy it maybe best to keep an open mind instead of the dismissal of what was just the posters thoughts that started this thread, we just don't know yet. At present I want a successful outcome for V1 AND LP to be issued so this company can move forward with a SP to match. GLA
Indian ambassador video maybe of interest,
https://youtu.be/tqdCnQ74FX0
"Avatar's" could do with some aviators to get this SP up were it belongs, 200m barrels potential and now languishing just above my average price. GLA
That's the company's doing with their not so fantastic recent RNSs imo, not faceless aviators on a chat board, SP is were it's at because market makes it so I'm afraid. GLA
This board has been turned into a cesspit of obscenities these last few days, not particularly good reading. It's meant to be a discussion board about Petro Matad not a foul mouthed yobs centre for the illiterate. Can we at least keep it relatively real. SP not doing particularly well so it's the last thing we need, let's keep this place clean eh. GLA
Do wonder if there'll be any loose lips during these proceedings 🤔. But while we wait, GLA
https://mrpam.gov.mn/news/2573/
//Now if this is a risky bet then I don't know what else is safe on AIM markets// Iamrich there are no safe bets in the aim casino and the way I see it Matad is far from safe until LP is RNS'd and hopefully V1 hits the black gold, imo, so be prepared for all eventualities. GLA
Rookie, do you not have Google translate? I'm not sure it will all fit into one post to translate. GLA
A little something while we wait
https://www.mongolianminingjournal.com/a/72946
Curious, sloth more like, irony, buying an all out electric motorcar to save the planet and a tree falls down and crushes it. 😁 GLA
Not exactly what I anticipated 6 years ago when I initially bought in to Matad, I suppose it has turned out rather differently than I expected, but have to consider the fact that the LP wasn't an issue when I 1st bought in believing V1 was the making of great things but seeing as this hole operation now revolves around the LP and sp slowly meandering at 4p doesn't fill me with the enthusiasm I once had, to me it has always been about V1 but I am going to admit that I am so disillusioned now that it hardly seems worth holding on but at the same time my fomo tells me hang on in there Jimi you've waited this long maybe it is not too far away for something positive from the company It is most certainly making me look at my investment decisions differently and will have to change my entire strategy accordingly, I hope I'm wrong and this will turn out better than how I feel right now but only time will tell,, GLA
This gives a better idea how far on they were when this article was published. You do make me smile BP. https://www.mongolianminingjournal.com/a/72349 GLA