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I dont get this government, flog anything can for peanuts all our gold at worst prices, royal mail, bail out british gas after been ripped apart via indian firm.. have a golden mine, with a project team what must say have been flying through the project, ye with the money too. Have cost saved and can get XYZ done 600 mil each orders waiting, cud employ 5000 plus lads on tools local villiages all benifit and industry and treasury and gov cud load money and double up or end up with 10% silent partner after loan replyed invest 1.2 bl return 3 bil and 10% share hold. Any deal save the investers and the project. But keep in uk hands
This a harsh set up for al involved, im not now in truth but did hope to work on project as spark, wud of been a pleasure.. Such a shame the goverment have such a small mind.. its a perfect project and investment for. This country to make some nice money and create plenty of jobs and self wealth among us snd community s
I use to refresh 10 20X a day and read all opinions and any info i cud find, i spoke highly of this company and potential and in truth my first "share" and in deepish for me ,had bita crypto before that, im in since before last years drill campaign and its been painful to see all that gone on in short space, i aint closing deff not at these prices im on for couple year untill raptor and phoneix ect with herron flowing. n
No share will go straight to moon nor any continually in bull or bear cycle i know that, and i know every company will have blips just look at tesla, he speaks and share drops 8% but on a monthly chart not even notable. Point i try to make is it gonna be bumpy it not a easy country many internal issues and cogs to turn, but we hit the oil with fine flow rate, just need some lines on a bitta paper, clarify on finding green lite for herron1 to produce and my my how a month or few cud chance the outlook of this share company, suddenly it may hot hot hot and fresh areas to explore next year. With all past drills successful in black gold or not. They must have a full picture by now, its just the transition bit from explorer to producer get that rite and congrats matad, the future bright.
This is gonna drip on untill ultimately we find out if were being diluted or not, 10million shudnt be hard to get a loan with oil sitting there.. his presentations dont exactly help, hardly abuzz with optimism alot of ifs and buts. Herron shud of been hit years ago, save millions of £££dust being pulled up. Raptor shud of been 2019 2020 ment to be shallow sure after herron was pumping cud of sent half mil or bit of loan to drill and get on with it
Ye agree no time soon will be end of oil but mindsets are changing along with environment and government policys, people are investing in green solutions and green energy wind solar tidal ect.. you can surely see that from lack of interest any more in petro m and other smaller oil companies, and the good old big oil companies know they have to diversify and ultimately change in next 10 15 20 year max..petro matad still has time but wasted so much already. 2021 will be making of this company or more dust. Gotta hit on raptor keep herron 100% owned get it fully pumping or get China onboard and drill 20 wells get funds rolling and go for gold with raptor phoenix in 2021, time to put all ure data into action.
I'm hopeful as long as not stuffed this year with pretend paperwork, delayed permits ect.. then a bigger game is going on 1 they don't want us in.
if government wants income and oil for its refineryit needs to turn the cogs.
Bad on all new petrol and diesel cars in UK, the oil world fast ending. Petro needs to fly these next 3-5 year or gonna miss the fossil boat. For me I'll hang around for this and next year, wanta see raptor result's. If they can't hit in next 2 year dey a joke outfit, they cuda drilled herron 5 6year ago all they done is drilled dust and had nice salaries.
Easy pickings for market movers with no news on extension, production licence or funding and season over, this share gonna take 6-9month patience.. if not till 2021 till matures nicely I hope:) and calculated small steps in coming months untill we on tap at first well on herron, I just hope we squeeze in raptor and phoenix with our extra 4 herron wells.. all in 2020 season
Email with petro news.. I ain't getting much from this lol.. cheat up people I fink were looking great, allot better than poor Sirius UK share holders.. I truly feel for them especially the localla who dared to dream. Petro Matad (AIM: MATD), the AIM quoted Mongolian oil explorer, announces that at the Company's Annual General Meeting held today in Mongolia, all resolutions put to the meeting were duly passed.
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It's rite a weekly or monthly sp ain't gonna change sh**, cud jump to 15p I'm still in till end of 2020 or 2021 depending on raptor n phoenix ect.. I just need to stop spending my days reading this chat room 20times over.. although nether know the day news breaks). But untill we pull the first barrels out not much gonna change just our strategic plan to get there without dilution or farm out for me.. do that and I don't care for 8 months of silence. Just make it rain when the oil comes)
If didn't hit and was all dusters then for matd to continue placement only option but now hit 25mil Min maybe 50mil barrels a loan or farm in the two realistic options I see and got from podcast and presentation and for me I'd rather take a 10 mil loan and pay petro China 6mil to drill 4wells and keep 100% of our future income.. we set then for next 10plus years to finally find the big fish
I believe the Mongolian bank will take us up on our offer, no farm out keep herron 100% for ourselves, ultimately no one here knows note and were all guessing some with more realistic sinareos than others but on positive I'll happily make the cakes for the £1 pound party next year))
And our ties to Mongolia by being a Mongolian company and setup by a big Mongolian fish and still shareholder, I hope and believe we'll come good on permits extension on block 5 ect I do think shud take a loan rather than give half herron away, let them drill us some wells and let's continue our exploration starting with a taster late 2020 on raptor or phoneix, what a year you cud call that.. 4 5 wells on herron on tap and potenchal massive hit in block 5 ready for tap next year.. ultimately I'd be more than happy with extension of block 5 and herron 1/5on tap by end of year via a loan and kept 100% for ourselves even if that meant delayed exploration untill 2021 on raptor and phoenix. We wud finally be earning and banking ready to make our next descovery the following year. Yes all dreams and guesses but that's all we have on information we have been drip fed and our opinions. Good luck matd Sonia proud
Let's hope we don't get shafted by Mongolian government, what acreage will we retain will it be in block 5 will we ever get licence and permits z why search for 8 year then give away half of what found.. get petro China drill and give us 4;wells to start with take a loan get all 5 on tap and drill raptor shallow foz n phoenix qithna vehicle drill if shallow as say, that a good year to me
Ok facts are simple, it's gonna be the most painful 2 to 8 month of matds history, we so close but it's that last tactical move or 2 to get to production without dilution or giving parts of company away,1. in herron or he wants 10 15mil so we hitting 1000 barrel a day okee and a exploration partner for elsewhere ..
We have 1 hopefully good well we need 4 5 around it to get money coming in 8 10 be better but 4 5 a start, you offer petro China a stake in herron discovery they drill the wells as part of deal we get if 50mbo great 25 mil they get 10 15 q 25 barrels too what ever and we start earing finanally and get funds to do raptor phoenix and hope they've learn there geography and we find a large pool at raptor and then we are truly truly cooking or I'll settle happily for Mongolian loan 15 mil petro China do us 6 well around herron 6 mil nice and ow look some left for raptor n phoneix.. hit Agen and we are to the ??. .. just the last 2 3 peices on chess piece and we are there but gonna be painful. Wudnt expect anything less but done right without dilution or giving away part of company or discovery and we are smoking)) 1 pound end 2020, take that all day)
Watched YouTube video on metad presentation, certainly don't big it up but ashame didn't squeeze a low cost shallow raptor dril along with 2 3 4 herron. Didn't realise exploration licence ran out next year and cudnt be extended so lucky finally drilled herron.. they truly now need a production licence to extend exploration licence and permits asap to get rid of uncertainty, as wud fcuk us and give someone else with bigger pockets, I hope he does a deal even just a petro China 1mil a we'll pay for 4 and partner up to explore rest of country shame can't pump herron 1 to get more on flow rate to get money building up to sqeese in raptor and ohoneix drill in 2020.