RE: MATD ARE AN OIL PRODUCER 🛢️💰🛢️💰26 Oct 2024 17:14
Hamm, Petrovis have stuck with this for 19 years. They want to make Mongolia energy independent (their words). They see this as their baby. With this in mind, Mongolia needs circa 40k barrels a day. So any flow rate now is just a start. It’ll build and build and build
Re price action, again everyone is speculating but no one really knows. IMO, it’ll move higher without warning. It’s done so a number of times. Just need to be in it to win it. I wouldn’t trade or short this.