Member Info for researchandhold

OSF- ever thought the buyers are a consortium including the Japanese and they want the DFS in place but more importantly just have to delay because of political sanctions

……I’m buying more at 4 p tomorrow having only just read the RNS …. it’ll 10 bag from here within 12-18 months max snd where can you get a return like that

Progressive-research.com :- their report 07.07.2021
"We have looked at the valuation of the operations through a standard
RENAV (Risked Exploration Net Asset Value) derived from discounted cash
flow. Using a flat Brent oil price of US55/bbl, we believe that the base
Heron development could be worth approximately 9.3 p/share. We have
assumed a 50% chance of the company being able to increase Heron’s
reserves up to the target level which would add a further 9.4 p/share to
the valuation. The risked exploration would then add a further 10.1
p/share to this value. This gives an overall RENAV of 28.7p/share.
Investors should view any valuation in the context of their own
assessments of the relevant risks.

phitchens@progressive-research.com "

Ostrailia - spot on post about the resident trolls manipluating the narative to get in cheap and excellant summary of where we are and where we're going

Maybe an order is being filled

CTC 1988 - Dmitry and Christian own 20% of the company .

Jimi - yes it was ETT a state owned entity and 10 criminal charges had already been brought against the govenment officials 2 years ago. Protesters wanted names.

Jimi - not sure I understand your post. Please explain. Thank you

I seem to recall when Gazelle, Heron, Red deer were being drilled - there was a last minute hold up but then they got consent to carry on so, how did PM get that last minute consent to drill Heron?

twisted- one mans bottom draw is another mans - investment time horizon - based on getting in at right price and waiting for future potential to come good

Yes, quite right B of Bodmin and if you consider that Pt was $850 in spring /summer this year yet now its approaching $1100 the decision to stock pile looks lke a smart move!

ERDC is like the New Town Commison here and Rosgeo like the Development Corporation partner to a private developer

Received a reply from British embassy :-
"Thank you for your message. I am aware of the issues PetroMatad have had in Mongolia and have been in regular contact with PetroMatad senior management throughout my time here. I have raised concerns a number of times with the Mongolian authorities, including recently, regarding the various problems PetroMatad have faced and the impact this has had on their ability to move ahead with their project. We will continue to support PetroMatad where we can.



Yours sincerely,



Philip Malone

Damn right Newbie642 - this Mrtwisted fella is exactly that - he only becaome a member on 22nd Oct too

I too have emailed the British Consulate , stressing that as is almost universally the case in any other jurisdiction the body that issues the Exploitation Licence ie Central Goverment cannot be held to ransome by the local interests if they wish to attract investment and consequently benefit from the employment & taxes gnerated. Otherwise what is the point of the Exploitation Licence

As The-Lockie said below , I too would like any contact details and emails anyone can kindly share as I think we all need to hit everyone hard on this issue

The bitterness of TDT goes on and on …he still can’t get past fact he sold out his original large several million shares / holding at sub - 1p way back in 2019 and could never get near that original number of share now !!!

Bluechipz - can't see what you mean by someone wating us out , since the Explotation Licence has already been granted for 20+ years to Matd. It the local LPermit which is the hold up

I can't see any RNS confirming what you say master 82.
Please could you tell me the date of the RNS which says they took legal action against a local governor?

Sound advice Ibiza28 .
My new mantra is :- " oil will flow next year and there'll be smiles all around"