Long term12 Jul 2022 10:36
I invested in this stock 2 years ago with a long term view. Mostly I invest in miners which have often long and costly complications.
Petro Matad was (and remains) a great opportunity in my view, however, I occasionally check and see posters here spending every day speculating and hoping rather than being patient and having a long term strategy.
To me it absolutely seems reasonable that covid has slowed progress in Mongolia. The UK government has extreme slowness with everything currently (passports, nhs, etc) so it does not surprise me that a less advanced country is even slower.
The fact is Pedro Matad will produce oil and when it does it will profit greatly. Anything between now and then is pointless worrying and I would suggest posters spend their time elsewhere and come up with a strategy.
All the best, Korean