RE: Weather14 May 2019 11:51
I remember I first invested here having done my own research. Some areas I looked into:
- Geographic location (Mongolia is vast and rich in natural resources)
- Neighbouring countries (Where there is demand, there will be buyers. Also the ease of transportation and costs)
- Political situation (Mongolia is opening up to the International market like never before. Precious restrained by political issues)
- Rival oil e&p companies (Where there are less competitors, meaning we will be one of the few, if not the only one that the Monglian government will give support and grant permit)
- Shares in issue (In the world of investment, we are at an early stage. Once we tapp into the natural resource and become self funded, I hope Matd has plans to dominate the Mongolian oil market in time)
Above is just my personal thoughts. Shame the sp is not reflect ing any of the potentials