Greater Certainty Now Will Push Uptrend - Early Operational Start - Compensation Transfer "SOON"!19 Dec 2023 13:48
Back at screen and happy to see just START of UPTREND - Header say all.
We have more CERTAINTY now with progress report and understand final step is herder compensation transfer (money all ready to go) - expect this "to go through SOON".
With more certainty I see INVESTOR start to take longer term hold with LESS FREE STOCK in trading.
As OPERATIONAL START near and updates happen price push up even more - we see how small volume move this.
Quick summary (please ignore if you want):
- Asset with 7,000-10,000 bbl per day plan for development in 2024
- Rest 3 Billion field in Block XX extension
- JV with DQE for fast / low cost full field development
- New Blocks
- Renewable explosion in Mongolia with increase in Govt level / Bank financing
- JV positioning with foreign companies due to in country experience
- FULLY FUNDED until at least July 2024 (believe it not).
All know we have people on BB who make lot of claim about trade this / did that - think most understand truth about them so will keep focus on Investment - this is what is important.
PRICE WILL BUILD / FREE STOCK WILL GET LESS / MULTIPLE NEWSFLOW WILL START
2024 is the Year of PETRO MATAD and it's HOLDERS 🦉