RE: Big signing ceremony soon30 Jan 2025 05:57
Petro Matad have EVERYTHING going for it now -
- Production Cash for 2025 Drilling Season
- Domestic (Mongolia) & Export Market (China) that desperate for strategic source Energy
- Oil Production with clear path to fast track growth of this & strategic partner (DQE) to OFFSET COSTS
- "Massive" Renewable Contracts & large Capital sources for this (China, EBRD, Domestic Banks, Grants etc)
*Are we in same position as before with No PRODUCTION or LAND ACCESS - NO!!
*We also have CEO who did Buy $100K stock at 2p!
Now - if we do need (extra) funding for Heron Development - we go to Parties as PRODUCER with LAND ACCESS and China Partner who need to serve China State interest for Strategic oil supply.
Also - we can expect DQE COST DEFFERAL for PEODUCTION terms to reflect China State needs!
Petrovis confidence for 'SOFT LOAN' now we have Production.
Easier access for RBL (Reserve Base Lending) with Production able to service loan.