Member Info for Jimithebrush

Bear in mind that once production does finally start it is only the drilling of new wells that stop for the winter, production will be all year round. GLA

Hopefully not, if so I hope a go at Velociraptor this year should be a good boost but I'm optimistic that things will come good just going to sit back chill and see were this goes over the next few month. GLA

Why do a few posters on here talk so much of a buy out, do you think Petro Matad would sell out after taking over ten years to finally find oil. All these 100s of millions been bandied around as a buy out price doesn't seem worth it to me and wouldn't make any sense. Also not sure if the Mongolian govt would let it happen but they say money talks. GLA

How is it people say they struggle to buy 5000 shares when people are buying 100k+ just curious. GLA

That was a good opportunity this morning, hope you all took advantage of what seemed like an unnecessary drop in price. GLA

Really hope it doesn't turn out to be another wasted year, but at least Velociraptor is the good news of this latest update. GLA

An opportunity to purchase a few more maybe

9000 barrels a day, for the pedantic ;-)) GLA

According to some news reports and interviews I've seen and read lately the refinery will be fully operational by 2024, Petro Matad should hopefully be pumping out 9000 barrels of pure Mongolian oil by 2024 I'd say it's worth sticking around for more than the 50p some people are anticipating. I'm looking forward to Velociraptor being drilled hopefully this year. This may seem a daft question but is the moratorium still stand on block V or will the license just run out? If it was relinquished like block IV could we reapply for exploration licenses again?

Hertstrader74....... 7.45p
Bigbench............... 6.8p
Gower…………….12.6p. Jimithebrush........8.75p

Petrovis, Mongolia’s first wholesale fuel distributor, built on its success to acquire state-owned supplier NIC and is now the leader in its field with a market share of nearly 45%. CEO Davaanyam Enkhmaa says, “We are not only the biggest fuel supplier in Mongolia; we also have the widest coverage in terms of petrol stations, storage facilities and logistics infrastructure which contributes to our reputation for highest reliability.”

Just my personal opinion but I don't see a buy out happening, it's been one hell of a bumpy ride to get this far and I just can't see the Mongolian govt letting it happen as they are working with both parties or Petrovis for that matter being the biggest shareholders, anyway GLA

Wait till news lands then they'll notice ;-)) GLA

https://youtu.be/8lbj0mw-w-E Maybe this might help. GLA

I, it never ceases to amaze. All this buying and no movement, what gives? GLA

Mr P has been over on one of his other shares, I presume many of us do hold more than one company's shares no shame in that, but don't post on them all. GLA

They did one back in July 2021.

Matad Soum Governor T. Tanaka, from 2021 the department of nature and tourism is working to ensure that the local proposals for environment protection and rehabilitation are monitored in accordance with the regulation for mining companies, therefore please prepare a proposal to include PetroChina Daqing Tamsag and BumaOLc LLC int the 2022 environmental management plan and submit it by January 17th 2022. Note= we will accept and cooperate with proposals for environmental protection and restoration work. Hope this helps WhiteMan. GLA

Whiteman, if you have a link to support the letter I would gladly try to translate, just the link you posted earlier isn't connecting. GLA

Any improvement is most welcome, just frustrating when we're told that things will be sorted by year end and were coming up to the end of the 1st month of this year and still not even been informed of the benchmarking of the oil. IMHO Personally I would prefer MB not to give a specific timeline to comms as has happened in the past I can only speak for myself here but does get a bit worrying sometimes, anyway GLA