Member Info for researchandhold

Gold_Mine :- very interesting article.
Thanfor posting it.

Any educated guesses at what the SP could be if we only get H1 on line this year and conservatively just 3-400 barrels a day.
Nothing else, just that.
Back of fag packet for me would be 9p

https://www.forbes.com/sites/johnhyatt/2022/05/05/how-russias-wealthiest-oligarch-is-expanding-his-financial-empire-free-from-sanctions/?sh=25041dd77613
"Nornickel’s CEO has not criticized Russian President Vladimir Putin for the war in Ukraine, but he’s flexed his political muscle in other ways. On March 11, amid cries from Russia’s far-right wing for state expropriation of foreign-owned assets, Potanin warned on Telegram: "We should not try to 'slam the door' but endeavor to preserve Russia's economic position in those markets which we spent so long cultivating.” Any government seizure of assets, Potanin said, “would take us back 100 years to 1917. And the consequences—a global lack of confidence in Russia from investors—we would feel for many decades."

https://www.bloomberg.com/news/articles/2022-05-11/chinese-stocks-climb-as-falling-covid-cases-boost-sentiment

curiouser - Lets ask the Board to attach copies of all legal documents mentioned in an RNS to each RNS, including the full Exploitation Licence, Production Sharing Contracts (PSCs) etc etc.
Use implies ingress & egress :- otherwise we'll all open up solicitors office in Mongolia to check on them. Some times you have to trust your Board or sell up.

Latest RNS extract "..... the Cabinet of the Mongolian Government issued a resolution directing the certification of exploration and exploitation licences by the central Land Agency such that LOCAL APPROVALS ON LAND USE ARE NOT REQUIRED. We are advised by industry regulator, the Mineral Resources and Petroleum Authority of Mongolia (MRPAM), that this will allow work on all Production Sharing Contracts (PSCs) areas to progress without land access delays whilst the planned amendments to the land law that will remove the current legal ambiguities pass through parliament. "

Surely " USE " encompasses Access & Egress . Unless you want every RNS to go on and on and on and on taking days to read!!

Sorry to disagree with you Michaelhighbar but that last 11.14am post by Sangijulas was certainly not a " nice try" it was way below his best deramp - just too "down pat" and simplistic. He must be getting tired of banging same old drum.

Has anybody noticed the " shorting crew monikers" are back in force today.

DP says “….2years plus…” at 24.30 mins..”

Ostraliamate - Entirely agree with your post .

Ostraliamate - Entirely agree with your post .

Yes Ojay, I think master82 must be on the magic mushrooms. Matd was only ever 1.9p back in July 2016. Certainly not since master82 bought ( if indeed he did) in 2018.

Quite right Ostraliamate.
They're like children on this board screaming
" Are we nearly there yet?" every couple of days.
Dad response :- "Its coming soon so hold it in and stop wetting your pants "

roger id back spreading fear as usual
You wouldn’t think he was invested would you/ lol
He’s not. He’s paid to post

master82- thank you but whatever that is it’s dated 9th November 2019
The situation re local permits under Exploitation and Note NOT Exploitation was resolved much earlier
See RNS dated

“….20 August 2019

Petro Matad Limited

Operational Update

Petro Matad Limited ("Petro Matad" or "the Company"), the AIM quoted Mongolian oil explorer, provides the following update on the Heron-1 and Red Deer-1 wells in Block XX, eastern Mongolia.

Further to its announcement on 14 August 2019, the Company reports that all processes for obtaining the land permits for the Heron and Gazelle well sites have been completed and issuance of the permits is waiting on final signature by the local governor. In the meantime, operations are continuing as normal at the Heron well site and based on current performance the drilling and logging of Heron-1 are forecast to be completed around 9th September.”

Sbrace6 - you are so so right about the manipulation over last 2 + years
The SP does not reflect to Co. Value which has just continued to be improved by a smart and active BoD

Got to be some FOMO later on today

fairdealer20 - you are quite right about Masterblast , he was recommending CINE at 42p back in Jan , its now 32p!!

Thanks Porky9
Any idea what price the placing has been struck at?

Masterblast - The SP does not always actually reflect the success of the business particularly on the mss as nipulated AIM market we hich is known to be driven by traders