Multiple RNS Stream Expected Now & Steady (Net) SP Rise Going Forward!20 Jun 2024 07:03
Header say ALL - Read yesterday's RNS & background research!
This now starting to develop into a perfect Investor's stock as Company move into Revenue Generation stage with key Derisking happened.
- Land Access Permission Granted (Plan A)
- Fully Funded until Mid July 2025
-Additiinal Petrovis loan of $1.5M available
- Operational start July 2024
- Renewable Operations expected to contribute Revenue in 2025
- Renewable funding available at Debt level/ SSE company level equity etc (check RNS, AGM presentation and also Mongolian sector I go like ADB increase loan policy)
-INTENSE NEWSFLOW PERIOD with MULTIPLE RNSs EXPECTED OVER COMING DAYS
DQE Multi-well drill program switched to Tender basis with original MOU conditions (like Offtake element to reduce costs) looking to be incorporated in terms - remember DQE made "unsolicited approach" to Petro Matad for this.
*I believe above will work in favour of Petro Matad with Petro China Takeover approach (after Special Certification expected soon after June 28th Election). This in line with some comment by Mr Mike Buck also & logistical sense with PC/DQE under CNPC (China National Oil Company) - this is seperate discussion, more soeculative and make no impact on REAL OPERATIONAL DEVELOPMENTS happening Now!
*MRPAM is big supporter of Petro Matad and is on "both sides of discussion" on facility news so expect positive RNS on that shortly.
A lot of trader try to cling to MATD as trading stock for volatility - what we seeing is nice steady price move & Multiple RNSs which should help continue this up - Steady (net) increases with smaller percentage moves adding significant Compound effect of price move UP.
This is much better then past volatility & back by MAJOR INVESTMENT DERISKING & MULTIPLE RNSs INCOMING on Operational progress.
All milestone SP levels - 5.5p, 7p, 9p will be passed in coming weeks in good, healthy price move taking us into Double digits in steady way - Of course lots understanding this may rush in before others become aware of price development to cause major push - but i prefer nice steady net gains!
Buy, sell hold - Operations advancing & price will move to reflect imo.
All other nonsense on BB just trying to distract from this reality of Company development!
🦉