Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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So funded untill next year and more cost savings are being made, plus as I once said petrovis are also there to loan out money,
Land Use agreement still ongoing progressing, not told where this is exactly could be price sensitive so may why left out
All looks good to me,
WOS - Thanks. That's interesting about the governor. Hopefully we may be rid of him soon.
And hopefully in time PM will be able to sue him and other members of the Provincial authority for using their mistake with the overlapping land as an absurd excuse in order to withhold their signature on the Special Purpose tripartite agreement when the other two parties had already signed it.
The share buy back resolution is a run of the mill one... most if not all companies have it.. regardless of whether it will ever have excess cash to repurchase. The companies in the oil sector that repurchase their stocks are the multi-billion $ behemoths that are sitting on $billions of cash... and don't have much idea what to do with it.
Great questions. unfortunately he did not answer my question re DQE deal process.
What are the implications of resolution #6, the company to repurchase shares from the open market. Positive to SP?
Back to 4p I guess and bounce back down to here like it has been doing
Carlos no one, wise owl included cares about you muting him or anyone else. The plain facts I am trying to point out is it is everyone's right and a privilege to express their opinions.
Now that might not be to your taste and I accept that so I think its best you decide what is best foryourself.
MB answered my questions
1. Why has legal channels not taken to resolve the situation once cabinet approved the block 20 exploitation.
2. What is the real reason for the delay. It cannot take 5 years to resolve a land access issue. Is it personal due to PM taking the governor to court back in 2019.
3. Why has 10m spent in wages when this could have benefitted the locals.
4. Should the wage bill be so high when no activities have taken place in the past 4 years. Are the staff getting paid for sitting at home.
5. What has happened to mining ministers 3 months guide line. Are they taking PM for a ride.
Of course he has 'every right' to post whatever nonsense he likes,... just as I have every right to mute him :)
Up +6.90% on google finance!
Will expect it to push back up now with lots catching up on AGM presentation & funding position secure into 2025!
Will be good coming days now am sure.
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Anything can happen now.....
I was going to buy a few more on close but totally NT to buy.
Bear in mind that WIse Owl has every right to post and express his viewpoint as everybody else. Equally I don't think that YOUR viewpoint about Wise owl or anyone else for that matter who is posting will go well with some.
This is an open forum. As long as you are not abusive or mischievous it ok and you can say whatever you believe in
Just had a listen to the AGM on line and can confirm my 2 questions did get answered. Good evening, My name is ---- ------ I have been a shareholder for many years now and have a couple of question for you at this year's AGM, can you let shareholders and me know (1) would the Board members and staff be willing to take a reduction in pay until the all formalities and paperwork has been signed and paperwork in hand so that Heron can start production and (2) are all fees still being paid for the block XX licence area whilst we wait for these formalities to go ahead as it's been a few years since the Exploitation Licence was awarded and would like to know if we're paying for something we cannot use many thanks ---- ------ GLA
Carlos the goat is probably professional the lessor.
Thanks
Also re: NEW BLOCKS - they are Huge & share already producing basins!
Mr CarlosGoat - use Filter - very simple to do and will also stop your complaining. 😏
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Just filter the little flappy pest
I'm invested here and come to this forum occasionally to check others perspectives on new developments - every time I spend about 30 seconds on the page before posts from Wise Owl get too much for me and I exit... any idea how i can mute somebody? Is it possible on LSE?
Mr Investor
I expect Provincial Governor will be gone after eke tuon because he must be put forward and position given by Central Govt.
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Doc83 ; Having now listened to what MB said, I would guess that it's the district land use permission that will come through first. And presumably this will not be impacted by the elections, as by the sounds of it will be the case with the special purpose tripartite agreement.
I think that there's a pretty good chance that Heron will commence in 2024.
As Master82 mentioned, there was no talk of hold ups with the local land use permission, and no talk of the provincial governor intervening with it.
Personally, I hope that in time the company will in time take legal action against the various parties who have deliberately held this up - not least the governor, who is actually using a mistake by his provincial authority through overlapping their protected land over Block XX as an absurd excuse not to sign the Special Purpose agreement. It's quite unbelievable.
I always look at bigger picture - no cut & paste gussioing but what will affect my Investment in my timeframe which is for Petro Matad to be MAJOR player in Mongol Energy Sector & massive ROi for me
All this have to look from Intelligent Investir logical position.
Good to see Special Resolution 6 for SHARE BUY BACK - I expect this to be part of NCREASE shareholder value BUT obviously we go into Production first - which do not expect will be long now!
Look at big picture - not Playground gossip!
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Can see which ones did get caught out ;)
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Wos going straight for it again... 2023 down 2024 down...as Doc said MB dodged the raise question. Comedy golden again..and all the usual guys ramping again...
"SunSteppe is working up a SUBSTANTIAL pipeline of Projects from small to HUGE" - 13 min )
Establishing as MAJOR player in sector which has Global biggest potential!
Did say watch out for Renewables - will BOOM!
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Nobody any longer ares what you think or post WOS - found out - FAKE