Member Info for ManxKippers

Perhaps, Vikinglass, it has a little bribe of some Manx Kippers in it to pass under the table!

I am not sure they would do much good, sadly. Probably like marmite, it would not be enjoyed much at all.

I live in Spain. "Why do today what you can do tomorrow" seems to be their mantra.

Soon is whatever you wish it to be. It could be days, weeks or.months. even years in some cases in Spain. I don't believe Mongolia is that different, though there are encouraging signs popping up in a few places as the oil industry seems to stir into hopeful life!

I feel that an LP before the end of February is great. By the end of March at the latest before a sense of dread and panic starts to manifest itself with the elections looming. Any day now is also possible.

In the overall scheme of MATD, this is all soon. Watch out for the RNS and smile when it eventually drops - soon......

No. Haven't seen him.

I let myself out in the end as I couldn't stand the smell or sitting in the dark any longer. I had to fit a new bulb and then I saw the light...!!

Perhaps the governor is in prison for not signing the LP which is why he hasn't been seen for a month???

Perhaps I am overthinking this!

Markets might give a little wobble today after the Evergande ruling in China and the sell off that resulted in the eastern markets.

Oil still holding at $83. Let's see how stable MATD sp is and if it can keep its health 4p per share value.

Oil heading north. Is next week the week for the coming of the RNS re the LP and new blocks?

Ooh, I do hope so.

Bulb has just blown. Typical!

Yes it is Ojay. Entered yesterday after being reported by Vikinglass for my posts in Russian! 😐

I am still in the loo and I am not coming out!

OH Vikinglass. You didn't!

What about the French??

You are Swedish and have a multi language background. You popped my balloon!

Really...! There's no sense of justice or fun in the world....!! (Locking myself in the loo and I won't come out - EVER)

It was in Russian and like me, it has been cancelled and deleted.....

Really???? Ha !!!

Well, all the last post said was:

Comrades. The Soyuz is on the launch pad and ready for takeoff. Let's hope that the flight goes very well and that the flight of our beloved cosmonaut leader, fine comrade Mike Buck, does not discover a black hole that will make it all disappear. For the oligarchs. Make us rich, MATD! Sorry everyone - I'm bored!

LSE don't seem to like Russian. Neither do I really!

Exactly SS. The post used the word sold. I used the word transacted implying a formal agreement.

If this is just froth and all lies then fine. The facebook poster has used the wrong language and terms. But if this means it has been formally licensed now, then great!

We will see...

That is what I am talking about - to spell it out!

The first main facebook post posted:

224,000 hectares of land in the territory of Dorno province were sold to foreigners under the name of license. It's a very serious problem!!! LAND IS THE BASIS OF A COUNTRY.

If this were correct and the land was sold and is now transacted to MATD, then this should result in an RNS any second!

We will see....

Formally was meant to be written on my post, not formerly. Sorry. Predictive text...!!

These are the two new blocks from what I can make of the Map on the post.

Therefore, yes, hopefully an RNS announcement formerly stating the award of the blocks to MATD should be coming on the back of this information.

We will see. It is Mongolia and soon could mean within any of the next five decades! But hopefully later this week...!

Thank you, Cyberton. I agree. I was simply laying out my personal reasoning and justifications for investing.

The traders seek to create uncertainty and loose sight of logic.

All seems on sound footings and as long as the RNS and LP is forthcoming, then the 10p to 15p on the news seems quite right to me.

We will see and sorry if my counter reasoning to Professional seemed a little too speculative. I stick by it though!

yes, professional. i see that.

this goes down to almost a monopoly situation where a public private partnership initiative (pppi) arrangement is coming into operation. whilst a smaller country population, the natural resources are huge and export potential is massive.

a 50% ish share of 50% of the oil and gas reserves is still enormous.

the numbers are staggering as long as the lp is issued and the wells start pumping revenue.

a quick *** packet look will say an extraction with heron alone is going to be circa 10,000 bpd. a margin of $40 per barrel. that is $20 for 50%. that is $200,000 per day or $70 million plus of profit after costs. with a multiple of say 20, that values the company at $1.4 billion or just over £1 per share.

then you go to the really big fields....and you see where this can go.

plus renewables etc.

i am happy with my punt.

we will see. my average sp.purchase of 3.8p per share looks great to me.

sometime before the end of february for the lp is fine with me.

Conversely Professional, it is exactly as a result of this structure and set up in Mongolia that deters a lot of companies from entering the market.

We have MB, who has engaged closely within the complicated corridors of power in Mongolia, he has advised them and played an active part in the tender processes assisting the ministries of government. Or to put it another way, he is inside the tent p@*ing out!

It is exactly for this reason that the prospects for Matad are so exciting and good and why I have invested so heavily in this company.

Time will tell the wisdom of my punt, but to me this is all perfectly set up and ready to crank into action.

Happily seeing a SP comfortable at over the 4p mark with confidence and the price of Brent approaching $80 per barrel.

Good end of week and everything well placed and seemingly solid. More solid then I have felt for MATD at any time past. Exciting.

I don't think so. I think it is because there have been so many false Hope's and time frames that until it has landed and it is real with everything fully legally able to be totally operational, the SP will languish.

Once real this will be an absolutely different kettle of fish. That is what I think and hope will happen.

Sometime before the end of February. The sooner the better.