RE: Nadam Over (July 15th). Now Time for RNSs / NEWSFLOW to Start Up15 Jul 2023 11:17
Mr Ibiza
I think Mongol Govt will want to protect domestic production for domestic use. This is what they would like but will they be able to do this with strong direction they push for International investment / free market environment?
This is real question because if they cannot then I see Petro China / DQE move onto Petro Matad. We do not have all info so who know.
Toson Uul Basin is already 2 Billion barrel PROVEN & PRODUCING in Petro China share. Same shelf but 50% BIGGER for Petro Matad.
I think in world of investment speculation, Takeover or not, 3 BILLION extra bblmor not, still safe to say whatever outcome value of MATD stock multiple of current price.
Question is MULTIPLE or MULTIPLE of MULTIPLE? I think this is fair view.