Member Info for researchandhold

Cheers master82
That’s great . Very helpful . My mind is now racing with what money would be coming in per annum with that lot producing full flow in couple of years !!!!

Hi master82,
Like may others on here, I really very much appreciate your research which has helped in our moments of doubt .
Could I ask something about a week or two ago you came across a plan for 15 dots ( presumably proposed wells) on a map of Block XX. and a discussion was had about how that implied the DQE JV would come into play and over what time scale that could be achieved.
Could you kindly confirm where you came across the map.
Cheers & thanks again for all your hard work and reseach

Nicely put Thormogson.
All aboard the history making flight of the first oil exploration company in Mongolia with a 20% local component that’s about to become a oil producer.

Spot on Ninesandytoes - and with the references to us advising government on latest licence application procedures and our Special Purpose Certification being described as “a project of national importance..” it all goes to show how extraordinarily well in PM are with the government compared to Petro China. I think we’re being run as the stalking horse to change the industry !!! Brilliant stuff !

That looks like it covers it Jiminthebush
Must be close now

Excellent research as ever master82
Out of interest how do you read that info … do you think it’s a new set up for a job / team in the area to show that things are monitored properly and reported to central government?

Steady on chaps , it was only last Friday they had that local meeting to discuss the previous refusal yet this time have had the Central Government dictate to grant it or we'll overide you.
They're still probably using typewriters that run on Yak speed so more likely it'll coome next week.

Thornoson- I like you long term stategic thinking. Good stuff.

Can I just say thank you to master82 for all his research. Much appreciated. Thanks

Thank you nathdomb - very interesting and helpful but do you know what items are in Appendix XXX - dare I assume PGMs and Nickel ? Thanks again

After re-listening to MB's last interview and re-reading RNSs last night going back 4 years , I couldn't resist another £1k this morning at 8.33am. ( amazingly it actually showed as a buy too!!) I feel this is definitely going to be Matd 's year and in a week or two 4's will be a vague memory .

No sands were encountered at the shallower of the two primary targets of the well although drilling gases (C1 to C5) and an oil sheen in the drilling mud were observed across the interval. The gases are believed to be indicative of an active petroleum system in the basin and the oil observed in the mud is suspected to have entered the well from one of the prospect bounding faults which may be acting as a conduit for migrating oil.

Below extract from the RNS reporting on Snow Leopard 1 suggests to me that Velociraptor may have a better chance than 20% - maybe say 25% but then again I’m no geologist!!

I’ve been invested here since Oct 2019 and only occasionally look in.
Then all I see is the whole board infested with narcissistic scum bags clearing deramping to drive the share price lower off the back of the war without understanding that the board are deliberately keeping a low profile till the war eases or a BRICS country in the negotiations feels confident enough to conclude a deal .
Get a life or find a meaning in your lives you universes narcissists that sit here day after day sarcastically insulting genuine investors

What's the betting there a big order at set price being filled today that will be posted late?

Conspicious by there absence ...especially Bad Prophet or should I say Bitter Prophet!!

The-Lockie - don't let your finger slip and press sell !!! arrrggghh!
I too have beeb here since Oct 2019 and got average down recently to 4.18p, its been hard keeping the faith here sometimes but looks like its coming together at last. GLA

Doc83 - I don't know what ae usual P/E's for Oil Company Valuations but I thought I read somewhere a conservative one wiuld be 3 x, anyway its all good here eitherway.
Cheers GLA

That certainly looks positive master82- out of interest how did you find that document?
Hope we’re now looking at a formality re- vote directed by central government official , or perhaps as it says in point 6 that it’s to be discussed separately and therefore maybe it’s a side “ rubber stamp “ vote to confirm the special purpose status .

During MB’s last interview he refers to the authorities having issued letters to the local herdsmen offering alternative grazing and/or compensation to the herdsmen and then mentions Matd being able to allow grazing over the licence area as well .
I’m wondering if anyone has any idea or any research on how this is progressing or when it’s likely to conclude ?
No doubt we are probably too remote from the scene and won’t be able to find out but just wondered if Facebook research which some are good at could reveal anything
Thank you