Double Figure SP On It's Way (Triple Figure Eventually)13 Jun 2023 04:16
Header say all & easy to explain why with investor logic not BB logic
- Special Certification land Permit WILL be sign & soon now is at Cabinet level decision
- Heron asset will get develop
- DQE partnership will fast track this
- 2 Billion barrel Proven & in place Toson Uul basin
- Velocirapror trend exploration but on proven working petroleum system
- Success or not Petro Matad already have asset so double figure SP easily covered just with this (projection 28p at $70bbl)
- New Oil Blocks (expect news any day)
- Renewable JV (do research). Have massive potential & Chna, Development Bank & EU already plan massive capital investment in this sector in Mongolia
- Mongol Govt / Petro Matad oil sector partnership (need more info but check IOM meeting)
Mongol Govt VERY pro business / foreign investment focus. BUY or not no problem.
Have put reason so agree or not. I look for triple figure share price with mr Mike Buck and brilliant strategy to develop MULTI FACTOR ENERGY COMPANY who pay dividend. Think Petrovis there for charity What will ROI be for investor at this price.
Make own decision & be happy :)