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Like always header say all for people who do not want to read post lol
Now V-1 past we can focus on Block XX FAST TRACK DEVELOPMENT, PRODUCTION & REVENUE.
Like Progressive Report say (Special Certification permission) have given us MORE CONFIDENCE IN CORE VALUATION 26.7p / share (remember this is at $70bbl oil price with Brent $80 and expect higher)
We also have "exciting" development of Block XX extension area with 2 BILLION Proven & Producing in PC part with our 30% bigger. Development plan parallel with Heron development.
I do not expect news next 2 day because of Nadam national holiday but MULTIPLE RNSs after.
Some will try to wait but other will see obvious MULTIPLE UPSIDE potential and get in before hard push on any UPTREND take off.
Ones who tell you wait for this or that can wait & all can make own choice with own money.
Happy I already hold AND have built up my holding to level I want.
Be Happy :)
If anyone ask where say Block XX extension development same time as Heron development mr Mike Buck say himself in interview this is plan.
Again remember PC part of Toson Uul basin already 2 BILLION Proven & Producing!!
"We have procured ALL ITEMS to put Heron 1 well ON STREAM just as soon land legal issue us sorted out" (now sorted of course) - 12min 25sec in from interview Dec 6th 2022.
Also contracts already in place for fracking service provider & well completion & also DQE contract already agree for another well drill on Heron (then he talk about MULTI WELL drill program with DQE which we know terms now agreed & wait final signature).
Renewable contractor has "VERY VERY GOOD CONTACTS in Ministry of Energy" 24 min 29sec in
Thus is what I try to explain to someon in BB when they talk about experience. Very important is WHO YOU KNOW!! Wolfson ALREADY work with Govt & ZTT to get major project up & why ALREADY we expect NEAR TERM REVENUE on this!
Very obvious why we can expect MULTUPLE price upside on uptrend which should come in!
Get in before all RNSs / Developments or wait. No problem your choice but Info / intel presented ;)
WOS - buy and hold hasn't been a great strategy so far, while clever traders have made money. Just sayin'
Mr BP
With Special Certification Land Access now granted (and V1 past) & operational start toward PRODUCTION & REVENUE past strategy & speculation maybe not so valid
And with all MULTIPLE RNSs for above which should attract bigger buyers & kick out smaller trader.
Just saying ;)
Be happy anyway :)
WOS - you keep banging on about "multiple RNSs" coming along well I have to say that past RNSs really haven't cut much mustard have they? Most of them have caused to SP to drop!
We all know BP has sold his shares with 75% loss.
He has no interest here.
He is just just bitter and sour because he has lost the lot.
He should be miserable and bitter. I would. He has lost too much.
We feel for him. He should feel terrible now.
The offer of share piggy bank could be a bit of help.
Let him feel free to enjoy his sorrow.
Hamm, he is a paid deramper - no-one in the right mind who is not invested would continually post negative on a share BB. Every positive post is counteracted by BP to a negative. He posts early hours of the day and late at night and weekends. Would you do that if you was not getting anything out of it. Sorry no chance - he is a paid deramper
Doz, another possibility is BP has mental problem. He needs to be sectioned.
BP
Disagree with you. Buy and Hold is best strategy now with different scenarios playing out in near term.
Anyone who bought 1m shares at 4p back in 2017 and sold at 35p would have made £300k in profits in just 8 weeks.
Do not think many held all the way. Many top sliced along the way at different price levels.
- MULTIPLE RNSs due may help understand things.
- Price was discounted because if V1 duster & people not able to understand value without V1
- Field Development will be FAST TRACK/LOW COST/PART DEFERRED PAYMENT
- PLENTY CASH "until AT LEAST July 2024"
- Renewable MASSIVE growth potential & "NEAR TERM REVENUE"
- DQE China base company partnership terms agreed & waiting for final signing / RNS
- NEW BLOCK RNS
- IOM meeting update RNS
AND
Indication ALREADY of INSTITUTIONAL / FUND buying!
This will increase imo and push out smaller traders / holders who did want small quick profit. BIG moves up into double figures about to come
- DIVIDENDS will be quicker then people think with FAST TRACK / LOW COST full field development AND parallel MULTI BILLION bbl Toson Uul development.
Buy or not but above us case for my own holding & larger INSTITUTIONAL entry taking over
I am Happy for this & my holding :)
First RNS next week?
Good chance & retail investor momentum build up which recognize this.
Very strong chance we could re-test 7.30 next week as early as Monday before heading to Double figures.
100% upside short term.
Lot more Upside medium term.
Massive Upside - Long term
Mr positive
PWhat do you classify as medium and long term.
WOS - I can’t see dividends being paid for a long time. I’d imagine MB would want plenty of cash in the reserves to ensure financial stability for years to come, as well as financing other drills.
Short term for 100% upside - 1 to 2 week
Medium Term - Q3 2023 (July-Sept)
Long Term - 12-18/24 months
I know Q for mr Positive but did just add my opinion to discussion
DQE FAST TRACK / LOW COST & parallel development of MULTI BILLION bbl Toson Uul Basin (start I expect in Q3) explain this using actual Intel / info.
Rapid Multibagger basically & any Institutiinal entries will push it harder
Mr Doc
Your point is good but for this reasons I disagree
Full field low cost multi well development (and revenue) will be rapid with DQE partnership
Also PARALLEL Block XX ention development
Petrovis will want ROI quickly as well & do not think they trader for capital gain lol so not surprise if maiden dividend introduced quickly. This also open up door for even more Institutional investment.
We see but this is what I think & make full logistical sense.
GL
Ibiza
Medium Term....up to 12 months
Long Term....... .. 2 years and upwards
Dividends really would open the door for funds. Many have it as part of their investment process that any stocks they have need to be paying dividends, never mind just the focused 'income' funds.
Anyway, would be nice just to break the recent 7p highs for now!
Doc can see us easily touching 7p without news in the very short term.
A good forward looking statement and heron fast tracked in to production straight in to the teens and that’s when I will slice gla and we are here to make money end of 👍
The savvy ones imho are topping up and I notice my resident green box has gone missing hmmm
Mongolian Govt partnership / investment would transform Petro Matad into quasi National Oil company with public London listing stockholders.
Toson Uul Basin has 2 BILLION Proven & Producing in PC block 19 & 20. Petro Matad Block around 50% bigger.
Mongolia. renewable potential one if GLOBAL BIGGEST.
New Blocks for tender some bigger then Quatar and why some people talk about Mongolia as possible 'NEW SAUDI ARABIA'. Also mr Mike Buck talk about excellent geological profile across Mongolia for oil deposit.
Do not misunderstand. I FOCUS on HERON / BLOCK XX development BUT when mr Wolverine talk about FTSE 250 this is all POSSIBLE 100% but we focus on Q3 operations first.
This is most practical way to look at investment for now & fast move into double digit price territory.
Bigger picture will come & will seem I vious later :)
Mongolian Govt partnership / Investment I look at what Isle of Man meeting bring where top official from Govt agency / Ministry & Mongol Ambassador attend in person with mr Mike Buck
Nathan
Your call if you want to miss out on £100k profit on your so called 2m ?
Coz 10p is coming pretty soon.
6p tomorrow folks...might even have a go at 7p
MATD does its own thing.