Member Info for Jimithebrush

Now the main obstacle is out of the way ie LP we should be informed soon when the 2 week workover will begin at H1, there are still a few months left in this drilling season so hopefully get at least the workover for H1 done and spud H2, there are only a few more days until we find out if V1 has been successful or not and if it is then move on to spud V2, imo, that's when I believe the SP will start to show some appreciation. So I'm wondering will we get an operational update when the results are announced? Lots of news to come out way now so the next few weeks are going to be quite interesting. Onwards and upwards 😁 GLA

It's the start of a new chapter now and if V1 strikes this will turn out to be an epic game changer for all involved. Really hoping for a successful outcome for V1. We've waited some time for this moment 2023 is the year of PETRO MATAD. GLA 😁

I'm looking forward to the next RNS telling us we have oil at V1 and we are mobilizing to spud V2, now that would be an RNS, here's hoping 😁 GLA

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

Https://www.mongolianminingjournal.com/a/72970

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