Petro Matad Development & Progression to Β£BILLION (plus) Mkt Cap Energy Company5 Sep 2023 06:57
First understand anyone who get upset at posting & complain should FILTER (but they do not π). More because they are afraid header make perfect sense.
- We ALREADY HAVE Heron asset & Cabinet land access approval (this was MAIN issue)
- We have est 3 BILLION resource ready to develop in PARALLEL with Heron (Block XX EL cover this).
- We have "NUMEROUS" near term Renewable project News/ Revenue potential (20th June RNS).
*Mongolia have world BIGGEST Renewable potential with massive inward investment from China to develop energy export project. SunSteppe website & Petro Matad interview say same. Expect some of this toward SunSteppe/Petro Matad.
- New Block Tender win and target blocks next to existing asset with some bigger then size of Quatar!
- Strategy to develop with production revenue (Petro Matad about to move from Explorer to Producer) and/or Foreign JV/ Asset re-sale because of in country experience.
- Fast/ low cost development with DQE partnership with offtake element to help RAPID development & production increase
This is why header make sense for one who want to look at investment without name calling or other abuse. Also for new holder / reader of BB.
Company have full support of Govt, Cabinet approval of land access under Project of National Importance & new legal framework to protect interests to force local govt. Certifucation which company say is "formalities" now after direct order of Cabinet.
Some people come onto BB and say " but we do not have oil yet because us still in ground". If they use logic they will see this is why mkt cap under Β£50m BUT clever analytic one will look at points mention, Central Govt directive/legal position & know oil will be inPRODUCTION and mkt cap will RISE multiple of multiple time with this.
I say again do own research including Mongolia committment to Energy Production, ask why member of Govt PERSONALLY visit Isle of Man headquarter with Mr Mike Buck & look at Oil price movements upwards.
Petro Matad have clear asset base & strategy to develop into Multi Facet, quasi National Energy Company with Β£1 Billion plus Mkt cap which show this.
You can always listen to opinion of BB poster who reply with abuse or ridicule because they have own trading agenda & nothing to do with INVESTMENT FUBDAMENTALS.
Your money your choice.
Be Happy & wiseππ¦