RE: Operations 100% on TARGET - Milton SP Brake History ➡️ RE-RATE!28 Oct 2024 05:17
"Petro Matad largest shareholder is Petrovis, not hard to join dots with a bit of research. Petro Matad will become (probably) mongolias BP including growing renewables."
Mr Pleb (again) what have I been trying to say. Do not say Petro Matad will have BP mkt cap (lol) BUT position to develop as Major MULTI FACTOR ENERGY COMPANY like unofficial National energy company - Private Company working with Govt support for National interest for Vision 2050 etc ENERGY INDEPENDENCE - Also PSC which feed into Mongolia GDP & National Wealth Fund.
This is why Mongolia Prime Minister setting up JV with China State Oil Company (CNPC - Parent of PC/DQE) to develop massive New Blocks.
Same as China State Utility Company partnership with Sun Steppe to start major Energy Export to China - Today we have this report "ACCORDING TO A WORLD BANK STUDY, (Mongolia) 2nd IN THE WORLD IN TERMS OF RENEWABLE ENERGY SUCH AS SOLAR & WIND" (Source: Mongolia Mining Journal).
Refinery will need MASSIVE/RAPID Increase in feedstock so expect Major Development with Petro Matad SUPPORTED by Govt - This is why Prime Minister himself gets involve with Direct Talks with CNPC!
"Pero Matad, an Investment Company of Petrovis has started oil production. CEO of Petrovis Energy Group took part in the event which will be WRITTEN IN THE OIL INDUSTRY OF MONGOLIA.
The founder of Petrovis Group made it his mission to "make Mongolia free from Oil & Energy Dependence and become Independent""
If we get away from short term SP (and sillly troll activity) and FOCUS on OPERATIONS with all that is happening in background - talk of Looking Back at OPPPRTUNITY now become lot more OBVIOUS!
Very Clear for ones who read more then BB (and complain / chit chat etc)! 🦉