Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Can we all leave a comment on this Facebook post from the Mongolian embassy promoting foreign investment about the problems Petro Matad are having. It may force the issue, every little helps......
https://www.facebook.com/MongoliainUK/posts/pfbid021samV8GwxaZLKu5LxzRQgMs3YPa6nB7PrvqMfBQkmaiwZPUnMVmadwWA5XZiNsiZl?notif_id=1714229172870693¬if_t=mention&ref=notif
This has been 33p before with no oil. We now have oil, investing is for the patient person. This is why invest on AIM for the big gains x10 if you want 5% a year stick to FTSE
Bought these years ago at 45p and impatiently sold at 55p before the rise to £7..... hoping not to miss out this time, as hydrogen is the future.
Has there been any more dilution since the placing at £4 and are we in a better position now than when people thought this was worth £4 per share?
All today's buys showing as sells......
I can't believe how undervalued and under the radar this company is, ripe for a takeover at these prices.
Made a modest profit on these so far so looking at an exit price. Do we think £1 is achievable in the short term?
trying to work out an exit price target on these (back of a *** packet calculation). say average life of well is 20 years, based on 60,000,000 barrels@$40 profit, so $120,000,000 profit per year just on heron. say net profit is 50% of that so $60,000,000. value company on pe of 10 so around $600,000,000 about £500,000 a year so about 50p per share just on heron. please correct me if i am wrong ?
"On the Block V Exploration PSC area, local government approvals for land access have been secured. This area does not have the same history with the oil industry that Dornod Province has and as such, just as in previous years, thanks to its continued focus on positively engaging with local communities, Petro Matad has been able to secure all necessary permits to work on the land covering the highly prospective Raptor Trend and the Velociraptor prospect"
"On the Block V Exploration PSC area, local government approvals for land access have been secured. This area does not have the same history with the oil industry that Dornod Province has and as such, just as in previous years, thanks to its continued focus on positively engaging with local communities, Petro Matad has been able to secure all necessary permits to work on the land covering the highly prospective Raptor Trend and the Velociraptor prospect"
H.E AMBASSADOR B.ENKHSUKH VISITED THE ISLE OF MAN
H.E Ambassador B.Enkhsukh, together with representatives of the Ministry of Mining and Heavy Industry and the Mineral Resources and Petroleum Authority of Mongolia, visited the Isle of Man a self-governing Crown Dependency of the UK On April 24, 2023.
Pointless RNS says nothing new but will tank the share price, maybe directors want to buy more shares ;-)
Think this will drift back down to 2p over the next few months once people lose interest and move on to the next share, then it will either go to zero or back up to 10-20p depending on the restructure.
Surely a company that earnt 1.8 billion in 2021 with an EBITA of £454million has the potential to pull themselves out of this crap somehow with the right finance?