$MMTLP @nbhydrocarbons
I've been getting a little tired of hearing our investment being called a meme.
I'm also tired of hearing people bashing NBH. I truly don't think people are grasping the magnitude of the asset.
I understand you're suffering, but heal through knowledge.
If you do your research you will find quite a bit of these disingenuous articles.
Sure.. there will be less demand for O&G for transportation purposes (not really, but ok) but it will just be replaced with O&G for OTHER purposes. gep.com/blog/mind/how-…
OTHER purposes:
First of all, the demand for O&G in Transportation is not going away.
Let's look at some graphs. 😎O&G is here to stay, my friends. It's not an obsolete industry by any stretch of the imagination; it is simply shifting.
And these days, O&G is a lot cleaner than most people think; technology has advanced significantly. By comparison of greenhouse gas emissions, the mining & refining process of rare earth metals for current EV batteries & other electronics is far more hazardous to the environment.
You HAVE to think big picture. O&G will reduce the amount of coal emissions. That's indirectly GREEN in itself!
A lot of the information I received came from this video. Great watch! I think everyone should. api.org/oil-and-natura…
strausscenter.org/energy-and-sec…
If you were unaware of the "US Shale Revolution", I suggest you take a good, hard look at what is happening in the Energy industry in 2023. The pandemic offered the buying opportunity of a lifetime & they scared many people away by twisting the narrative.
Historically, the US has been a leading importer but we are about to make a massive shift. The US is in the perfect position to become completely energy independant.
Last year, the US out produced Russia by 184bcm (billion cubic metres) at a staggering 975bcm.
Last week, @Pecos_Bill_1962 & @FernandoOil had a great space call (Thanks again, gentlemen!)
Fernando said something that peaked my interest. He mentioned West Texas is typically being 'gassier' and we have a gas pipeline running right passed the property.😎
Take a close look at the last picture😎
He also mentioned the issue with drilling too close together and how it can affect the pressure from other wells. Thankfully these days there are new drilling advancements to help mitigate these problems.
And at this point, NBH has realistically got through the most difficult part of the business. They aren't far off from production.
We all know the Permian is still hot! You can't ignore the sentiment!
Chevron has a $14B budget for 2023 and has already allocated 28.5% of that ALONE for the Permian.
And just more recently, Vital Energy just dropped $540M!
"large undeveloped areas" 😎
It's important to read everything so you can see the big picture. 🧐📚
I'll end this thread with this.
Just take a look at who is involved, know who's at the helm, and for G-d's sake follow the money. You are holding the🦄
(White - Torchlight, Black - NextBridge)
So just remember, when someone questions your investment, and calls it a meme, school their ass. #Facts 🎤✋😎
Disclaimer: This thread is not financial advice.
It is 100% my opinion, speculation and for educational and informational purposes only. Do your own due diligence.
That being said, let's connect some dots shall we?
@FlavioVolpe1 is the lead at @APMACanada.
I noticed he posted the other day about something BIG going on here in my neck of the woods.
4-21-2023
VW getting $13B in subsidies from the Canadian government to secure 185,000 sq. m. (2,000,000 sq. ft.) Gigafactory in Eastern St. Thomas, Ontario.
Hello, my name is Marduk and I am calling in regards to the horrendous situation surrounding stock symbol $MMTLP. It was a placeholder dividend that was made tradeable against the wishes of the issuing company and allowed to trade for 14 months on the OTC markets.
5 days before it was supposed to go private, FINRA halted it due to what they referred to as an extraordinary event.
It has been 115 days and thousands upon thousands of investors around the world have neither their money, nor proof that in fact they have their shares in the private company.
To understand the magnitude of this whole situation, one must understand all variables, including you @FINRA!
The amount of $MMTLP short interest is DIRECTLY TIED TO $TRCH (now $MMAT) common stock that was short going into the merger back in June of 2021.
And to preface this whole thing let's just remember one, very, VERY IMPORTANT FACT! @nbhydrocarbons is a PRIVATE... non-trading, publicly REPORTING company.
LISTEN CLOSELY!
The pandemic caused a lot of O&G tickers to suffer tremendously, including $TRCH after Crude Oil fell off a cliff which at one point hit -$40.32 a barrel.
I'm assuming the shorts were trying to delist $TRCH to scoop up the assets for pennies.