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Nope.

And next sell Wave will be from traders who are still in profit.. as time passes with no real news and only repeat old info the more it will happen.

4p zone incoming. Could still take some time

Agree DYOR

Minute 28: renewables DO need equity

Jimithebrush asked the question on licence as discussed yesterday and reply was well shocking?

If you listen to the whole hour my conclusion is:

Mb thinks they are doing the right thing

Mb has no idea what is actually at play

Mb is not in controle.

Even petrovis doesnt want to loan against oil as they want to be sure they will be paid back.....

Heron needs more capex for stimulation....

But agree Wos everybody listen yourself and DYOR

A signature could come or not ( even petrovis thinks at least not for elections) but even with signature a lot of things need to be solved...

We agree Sir

Lol what a clown

Deflection deflection

Repeat repeat.

Agm showed big risks. They could even loose licence all together. Mb hoped they are Ok by not paying fees ...;)

Mr Wos as always your IQ too low for sensible discussion.

You focus on Matd SIR... even believers are now seeing the reality and what do you do? Make fun of them and deflect as always.

Lets focus on trading sir. Only thing you are good for.

So sell again here today? Thanks

Mr Wos we know you only copy paste and are a trader so understand this is to difficult...

More important Hasina will do what she thinks is best.....

But this is most simple picture.

Default current loans.

Turn to China for new loan

Get resources out and yes China will take most but probably the best outcome for Hasina and coal...

If you want debt relief in western world...it involves mainly green renewables and no coal. Not here to educate you as your IQ is way to low as we all know

Mr wos LOL.

You sound afraid....

If you want to discuss previous defaults. Please pick your country and why it was the wrong move?

Mr Wos i studied emerging markets. It would not be the first default now is it..

Ofcourse bangla is in terrible place and will be for years whichever route they take. Default imho best route for LT... maybe not for GCM but do not think they care as it is only a company with a few shareholders

And to spell it out for you ....if default has not happened creditors will claim proceeds as much as they can...

Doze you should think a bit harder.....

If they default before benefits role in more will be for own people. Lets put it in simple words so you can understand....therefore delay until after default... capice? Or still to complicated?

COUNTRY in danger of IMF Defauit" (not company)

That is the point. Bangladesh should default imho

Mr Wos the best thing Hasina can do given current problems is actually nothing..and given that is what they normally go for that is what i think will happen. A few years nothing and then (AFTER restructuring of debt) go for domestic production. Preferaby renewables if needed coal as well.

Lets see

Q&A session starts at minute 25.

Mb is very happy he allowes allowed retailinvestors to participate at all raises at all companies hé raised for....

Minute 26: debt difficult for oil and gas. Even Petrovis hesitant

Then renewables: debt financing easier...BUT equity component required (minute 28)

They keep all options open but simple fact is. If you do not provide equity component you will also not get the benefits. Simple. Sir

Min 42: is the part where mentions 2025 runway...but min 44 keeps raise option open....

My conclusion: raise still coming. Dyor

When you deal with Liar you have to go to source - pleaae listen & maje iwn kind uo lol.

https://petromatadgroup.com/wp-content/uploads/2024/04/Petro-Matad-Limited-AGM-30.04.2024-09.00-BST.mp3

Wos finally something correct. You liar. And sneaky trader. Last part not in AGM audio. First part that they need equity financing for renewables is. ( according to MB)

What was new to me... and negative as well...

More capex expected for Heron. Discussion with DQE.

Not paying licence fees on Block X and hé hopes they are fine ;) what !

Wrong AGM clearly said renewables DOES need equity financing.

They might do it at other level ( sunsteppe) but that would mean giving away the business ( partly) as well.

They also said Banks do not want to lend money on oil. He even said petrovis doesnt want to anymore...

But do not think i will convince Wos or mr emotional...

Just hope new investors listen to the AGM audio themselves and decide

Do not want to sound to negative so will leave it only to this one red flag. Imho were lots more. Everybody can judge by themselves by listening to MB records of AGM.

At the AGM only around 260mln shares were respresented .....

Around 220 from petrovis and 20 from management so this was not rely representative....

From the 20 mln others ( which i do not know who) 50% was against resolution 5. I understand why.

Especially given everything else MB said in that hour

Wonder why that would be....

Sp going down. Big sells after a bad AGM full of red flags... available for everybody to hear... 1 and 1 is....

4 08:24:49 3.00 1,469,499 Unknown* 44.08k

But as I say, overall we haven’t learnt anything new either way imho

Agree. So will be trading week again

Wos which way first? Wink wink...are continu the Friday move?