RE: DECEMBER is a Gamechanger - "Massive" China Project Update/MRPAM Sign Off!4 Dec 2024 08:04
Like lot of thing help a lot of Research us wider to understand BIGGER picture.
Yes all know MRPAM did not agree to multi- year contract. This is known BUT we must also understand it is DQE who make "UNDOLICITED approach to Petro Matad" for this DEFERRED PAYMENT terms etc - also see Mr Jojoba link from few days ago about China need of Oil INDEPENDENT from Middle East
Now we look atcrst of RNS (which Mr ADW miss out) - "DQE was the lowest bidder (on Tender invitation) and has been CHOSEN to do the work. the Company will seek to INCORPORATE the terms of the PREVIOUS MOU within the framework"
ie DEFERRAL of PAYMENT AGAINST PRODUCTION!
At June 2024 negotiations in process towards concluding. Now we are in Dec 2024.
As I say in post if you look for ABSOLUTE GUARANTEE of all contract terms / Intel etc on AIM stock - then wait! Not difficult to understand.
If you look at DQE/ China State need & DQE approach to Petro Matad with Deferral terms and looking fir them to be in current framework - you can make conclusion yourself
Buy, hold it sell but real manipulation maybe us from ones who DO NOT hold (YET) but understand what header saying & looking for entry!
Maybe think about this!