RE: Bounce Back Heading Into V1 Drill & LP Submission Progressing26 May 2023 15:54
NATIONAL CONFERENCE ON INDUSTRIALIZATION today & organize by Prime Minister.
If you follow these developments you will understand direction of Govt policy & how Petro Matad fit into this.
Pert of 'New Revival Policy' and focus on foreign investment climate and especially Mining / Oil.
Massive expansion in oil sector planned & look like Petro Matad will be part of this. Look like IOM meeting part of picture for Partnership company imo.
"The main goal is in improving the investment in the I dustry, the legal environment, the energy and infrastructure resources that are important for the recovery of I dustrializatiin and the co-ordibation between the government and the private sector"
People who use BB logic say "why they not get Petro Matad LP then"
Calm investment logic say look at Govt who now take it out of local govt hand & push through route of SPECIAL CERTIFICATION under Project of National Importance (mean this better get done in political talk).
All thing clear with good research & see all piece fit together.
Like I say this morning think submission will be very soon. People maybe think RNS on Monday mean process start Monday. Think Monday RNS more about announcement of Pre- spud preparation & clear up IOM situation.
Ministry change could happen weeks ago & Ministry opinions / final submission in very short time period.
Like I say I buy more so happy other people react from emotion while I invest with calm investor mind.
Happy for this & what I think will be strong price reversal back up into V1 progress & Special Certifucation RNS VERY soon.
Make own decision. Have make mine :)