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I think Buck should be honest about Major Drilling and come clean when a few years ago MD made a commitment to Matad and said they would invest in drilling equipment and bring into Mongolia specifically for Matads use.
Never happened - WHY ??
Why has Buck rode the DQE wave for years and made all sorts of statements, all of which have never materialized - WHY ? RNS after RNS about joint ventures, partnerships.
The question is therefore what is happening with DQE, and can Matad come clean on the real Major Drilling position.
For the record Matad should have engaged Major Drilling years ago on a long term basis and retained MD. Most miners use MD for a very good reason in Mongolia.
Yet another rookie mistake by the leadership of Matad which has cost shareholders.
This is where person must look at big picture and not make quick judgement.
Petro Matad have very good relation with Major Drilling Mongolia & DQE.
Why use DQE over Majir Drilling? Because bigger plan is fast growth through JV with DQE and all contract term agree now. DQE want to grow in this area and with support of China Govt. You will see how this develop from JV to takeover bid I think but early for this discussion sir This is not same as Major Drilling plan.
Major Drilling have chosen now because before was so much uncertainty with COVID restriction & all thing that have impact on this. Affect Majir Drilling as well but DQE have bigger China dependent.
Whatever say about Petro Matad from past have learn lesson now and believe this very good plan now in place for 2023 & for shareholder.
Thank you for post & to give chance to answer point mr Bowkey sir
Be happy :)
Mr Buck did think this out very well & have very strong plan for MATD shareholder. Do not judge him too quickly until see result in Q2 :)
About time Mr Buck stepped down & let someone else get this over the line.
I try to apply for job but mr Buck say go away & be happy ;)
Absolutely BP.
First time i have agreed with Bad Prophet - Buck should be gone and replaced with a proper CEO who can engage with people.
Bowley, how can a fake, empty talker and bum CEO be honest? A slightly self-respecting one, even more so of the British, has long fulfilled at least part of his promises or would have resigned. It is strange how many LTH do not understand or don't want to admit this obvious fact.
He has problem with engagement with shareholder but know how to build company. Just look how he place pieces & think what company will grow into.
You think get rid of him now when we move into Q2 and so much news & development going to come? This is crazy.
Like mr Bowley post at 13:13 it look all logic to come to this conclusion but also show how wrong when you do not know reason for decision made ;)
Better to leave in hand of CEO mr Buck & not person who look from outside without full knowledge ;)
Be happy & inform :)
Mr Buck strikes me as a very professional, patient, straightforward and competent sort of CEO and I'm sure that he's doing everything that he can to get the show on the road.
Look at the likes of BLOE, UKOG, Angus, Rockhopper, Hurricane, XEL, Desire Petroleum etc if want to draw comparisons.
I'll stick with Mr Buck thank you very much.
MB decent Petro geologist possibly. Reliable and competent CEO he most definitely is not
Yes show you when 6 people give like to mr Bowley post this show you 6 people who do not know why decision made in company lol
All CEO from armchair but thankfully have professional in charge ;)
LOL
Rest will wait for all RNSs & rest will say not IF but WHAT IF I invested in MATD share ;)