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I post lot of I yel and clever ones will understand how it fit together for complete investment picture for Petro Matad.
This is from Regional Development Forum few days ago and maybe people begin to understand what happening with Province & Sum budget independence / sector specialisation.
Also why all committees in Dornod / Matad agree with company now & support oil production. Same with Renewable they mention in other province.
https://youtu.be/MD7FS48IkpE?si=1pAggk1EggKDsVeU
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Mr Doc maybe read my post 12:13 again and what they need funding for.
Operational start at Heron covered. If like you say operation do not start then they only need overhead funds with Heron funds still in reserve.
If operation start which we expect we get more flexible options so do not think at all limited funding requirement fur overhead need to be organized so well in advance.
Think anyone who have run businesses can work this sort of details out and why lot of small private investor fall over own feet.
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Funds, heron is covered, funds show good till end of July, we could and should be producing oil by then, if any money is needed will be minimum, if any money is to be raised it will be done after heron permit and all lined up for production drilig as by then the share price will be way way higher and a small raise won't move the sp,
Well let's hope so this is Aim and this is the most reasonable outcome I can think of
WOS - I'm saying until we get another update from MATD on the finances, it is wise to assume cash will run out end of July. Also, things can change dramatically, for better or worse. And as we know, MB said we were fully funded in December 2022, but 6 weeks later did a raise!
Researchandhold said //BP is like a stain on humanity//
Has PM struck a deal with anyone to sell the oil it may produce in future? Surely would be in an RNS?
Mr Doc
Do not think you really understand about what speculative nature of investing is!
OPPORTUNITY is when you look at all Intel and make investment decision - what if this? What if that is like someone who say "What if I go out and bus hit me" - INVESTMENT PARALYSIS!
Think I make case very clearly in posts today about NEWSFLOW (RNSs) , FUNDING (how it apply in real cost situation - posts 11:37 & 12:13).
It also cover cash situation statement by company 🦉
WOS, you have been saying investors can expect the required confirmation RNS IMMININANTLY for over a year now, so there does seems to be something significantly amiss somewhere in all your 'intel, analysis and prognoses'.
Maybe a wise owl might want to exercise the ego a little less?
Mr Aeschylus - be more accurate!
I said expect Cabinet Special Certification which take longer because of Ministry change - when I give timeframe estimate I was 1 day out!
This final permission thru local council can see RNS 'any day' - this is true still and we can expect any day - think update 19th Dec RNS show PROGRESS which is something I say all time.
Remember when someone say "what if this" what if that" and get INVESTMENT PARALYSIS yiu have same people on HE1 before nearly x20 bagger rise over last few day - "what if this, what if that" does not help you make investment decision - better put money in bank.
Better to do( Intelligent) RISK ANALYSIS - I do this with MATD and understand with asset they already have, oil price projection, Govt support & Budinesss strategy very easy to make investment decision - then wait.
Because RNS company making & open up all other Newsflow can ignore "what if, what if" and focus on important points for my investment.
Money invested - Multiple ROI 🦉
WOS If you are such a successful investor, why are you spending all your time on LSE trying to control the debate, instead of simply enjoying your wealthy life?
"Do not think you really understand about what speculative nature of investing is!"
WOS, are you suggesting MATD is a high risk, speculative investment? And not a low risk, guaranteed winner?
Speculation is build in part of investing - investor do research & analyse risk v holding level.
This is BASIC stuff sir so do not try to twist thing.
Mr Aesychlus - I like to do RESEARCH and SHARE. Like when myself (and others) have to correct you on post you make about New Investment Law when you tell everyone Petro Matad may lose licence (lol).
Also when Mr Doc start asking "what if Mike Buck decide to drill New Blocks this year. Again ones whivdud research have to correct him and say CANNOT happen before EL & EIA are complete - again BASIC thing but lack of research from him can cause problem.
Even last week I try to share some very positive development and look what happen!
Think one who have agendas are one who mislead and other who have been already catch out talking share down while he buys at same time.
Reader here who have been here some time know but do not expect you two to admit this.
Be Wise at least 🦉
MATD is one of LOWEST risk Aim stock I know with HIGHEST upside against this risk - in my opinion from research
This is why I can have confidence in making bigger position here.
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Aesychlus - I like to do RESEARCH and SHARE.
What? So you're claiming you're on LSE day in day out, acting out of altruism?
Rubbish !
No need to respond.
"Speculation is build in part of investing - investor do research & analyse risk v holding level."
Agree. But your posts are full of "WILL" "GUARANTEED" "Multibagger!".
"lso when Mr Doc start asking "what if Mike Buck decide to drill New Blocks this year. Again ones whivdud research have to correct him and say CANNOT happen before EL & EIA are complete - again BASIC thing but lack of research from him can cause problem."
Ooo, you do like to try and manipulate - When did I ever say they would drill this year? I did say that be it this year, next year or at some other point in the future, that we are still committing to paying to drill/explore these sites. I hope you are more accurate when doing your research on MATD and relaying it to everyone else here, Chinese/WOS whispers and all ;)
Mr Aesychlus - Yes I like to share research. No need to respond also.
Mr Doc - one who read BB know what you did try to say about about Mr Buck and New Block THIS YEAR - happy to help you understand this better 😏
Think you waste enough BB spacexeith sillly nit picking yes?
Be Wise 🦉
This is original video I want to share before nitpickers sabotage discussion (in English) from Regional Development Meeting.
This is important and about Regional development / budget which need to help local I dustry for revenue. Dornod rely lot on oil production / mining.
Also mention Renewables in other region where Petro Matad focus for this.
Hope it helpful to real investor
https://youtu.be/MD7FS48IkpE?si=1pAggk1EggKDsVeU
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WOS - do you know anything about provisioning in accounts? if we are awarded a block(s) to explore, even if at some future date, it has to be provisioned for. We can go around in circles all day, but the sensible people here know that will be the case.
LOL - provision in current accounts for future major drilling operations which might be few years away??
This tell me everything about your knowledge of company workings & investments 😂😂
Good night! 🦉
Oh dear, WOS. You have exposed yourself!!!
All well and good to provide a video. All I want is a signature. Been here for 6 years. Not too much to ask.