Member Info for Jimithebrush

Maybe of interest, I wonder if Matads tax query has been discussed? https://mongolia.gov.mn/news/view/27193

Doc I think your right about RealProTrader, Possibly FairAnalyst, PetroDollar? Why? Because of the style of writing?

I think we got the wrong Mike Buck

https://evtoday.com/news/ostial-appoints-mike-buck-as-chief-executive-officer

How can the CEO of his supposedly calibre not know about the implications of tax, I'm sorry but 7 years I've watched this buffoon decimate this companies SP. There's definitely nefarious undertones at play here. Mike Buck is definitely not a business man. Definitely a lifestyle company that just keeps on giving to them in wages which that alone is laughable. Next question, what price is the next raise going to be because 160 barrels a day won't even be enough to keep the shed light on? More disappointment.

Https://www.mongolianminingjournal.com/a/74191

Plus the 6 trades at 08:40:13 🤔

As mentioned in the last update invoices to be submitted before or on the tenth day of the month and payments to go through on the last week of the month so on that reckoning I believe we should here something rnsd about sales and payments next week and hopefully any progress reports included in with it.

Plagiarised from another poster. Anyone who thinks the rampers or derampers have any influence over any share, need to book themselves into the aptly named NHS Nottingham RAMPTON Hospital, for the delusional and criminally insane.....

Only Mr Market and associated cronies, ever influence , the timing and direction of travel of any share, especially when up or down that direction has been caused by ZERO official RNA news over rns/other news wire... That said there ain't going to be much action here this year as Mr M. Buck has told us 2025 will be a quite year. In other words another wasted year but they still get paid the same. Yep I'm still lurking around. Hehe.

Bird brain how about string a coherent sentence together?

Thanks Gravy 👍

I would have thought MATAD will be in profit when the £174 million spent over the years has been recouped plus whatever the next placing is going to be. Surely only after that then you can call it a profit ? Either way more good news is needed to get the momentum going and get this passed my exit price.

Its not very often you see the words PLEASED and DELIGHTED in the same MATAD RNS, very nice update.

"I have a feeling it will be the same old drum beating clueless morons who have got it absolutely wrong. The facts are clearly there for everyone to analyse and some just don't get it" Perfect analogy for the rampers, well done 👍

According to the China National Energy Administration, total oil and gas production in 2024 will exceed 400 million tons for the first time, with oil alone reaching 213 million tons. This is an average of 4.3 million barrels per day. However, this figure will reach 4.6 million barrels in March 2025, an all-time high.

Somehow 200 barrels a day seems a drop in the ocean, are we being spun a yarn?? https://www.mongolianminingjournal.com/a/74144

It's an e-signature, no need for a pen, a couple of clicks with the mouse, a scribble , done in seconds. Maybe they're still out on a computer training course who knows?

Groundhog day!!!

This paragraph from the last ops update "Even though Block XIX has tank capacity available to store many more months of Block XX production, Petro Matad has been investigating arranging its own shipments and sale of Block XX crude in case of further delay" I wonder how this investigation is coming along? It has been 6 months now Matad has been transporting fluids to the block XIX operators, I think a 6 month delay would warrant an update?

"Doc doesn’t know that this is the start of the year in terms of the winter shut down ending." Yep, just another 6 months and it'll be 2025s winter shut down. No sales agreement, no export licence, no money to the MATAD account. For the foreseeable another wasted year.

Groundhog day!!!

No news still I see. Well at least folk will be safe in the knowledge for the next four days there'll be no funds raise. Be grateful and enjoy the bank holiday weekend everyone and take some time out FFS every day above ground is a good day.