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Researchandhold said //BP is like a stain on humanity//
//Bad Prophet is cut from the same kind of cloth.//
I have no idea what you mean by that intended slur. I have always said I hope this works out well for LTHs. I have never shorted ANY share (I don't really know how to!) & most of what I have said has turned out to be correct.
Do you actually think through what you are saying before you post it - or just shoot from the lip?
I've been in a similar position Investor33 since 2017 but always kept the faith based on MY understand of the market forces at play. My thanks to WOS for the avalanche of information and thought provoking statements that have always shown the positive side of investment. At the end of the day the RNS is king and I do believe Mike B has done a good job given the political turmoil and weak governance. Derampers will always exist as they have their own aims to achieve and living to make. This is the year of the Heron but only for shareholders!
Professional is full of nasty schadenfreude towards the LTHs. That's not nice - he comes over as totally self-centred - gloating when the share price falls hard, and letting everyone know hat he has allegedly made fat profits through his shorting. If he trades the shares then good luck to him - however there's no need for all the schadenfreude and gloating about his alleged profitable trades and all his alleged shorting. Bad Prophet is cut from the same kind of cloth.
I've been in this since 2019 with 888,000 shares. It's been a rocky ride - and I must admit that recently I have often wished that I had just short-term traded the share instead. Several times I could have taken out a very nice profit - only to end up heavily in the red just weeks later.
Researchandhold said //BP is like a stain on humanity//
//Would be nice for MB to do a Proactive interview and have a few questions put to him.//
The SP is UP - why would want MB to do an interview when he invariably has a negative impact?
This governor is anti mining. He has caused problems with PC too. But they are too powerful for him.
Thanks WOS - that is good info. It's good news that this rogue, corrupt governor is appointed by the PM, and therefore can be removed by him. Hopefully this will happen soon. Anyway, I take it that when the District LP documentation is issued then the Special Purpose certification will be unnecessary anyway ?
Anyway, there seem to be 3 reasons why this 'land overlap ' nonsense that the governor is using as a flimsy excuse to block MATAD's Special Purpose certification are not valid ;
1) The overlap is not in an area which Heron 1 operations will take part on.
2) The Block XX PSC was signed in 2006, but the provincial Protected Area was not declared by the Province until 2014 - so therefore the Province has breached the "overlap principle. "
3) According to the last RNS the governor had already indicated that he would sign once the herds people had been compensated. MATD paid this compensation to central government months ago.
I presume that even one of these 3 points would render the governor's objection instantly invalid ?
βFirst - EXCELLENT RNS because it allow OPERATIONS TO GO AHEAD! π β
Indeed. But only once the paperwork is prepared and then signed. Let us all hope that this set of paperwork and the signing of it is done much much quicker than all previous paperwork.
Would be nice for MB to do a Proactive interview and have a few questions put to him.
Great post WOS- I too didnβt realise the Governors were appointed by the central government. He is now exposed and and on his way out .
Also what's goes under the radar, other than Heron, they also have Gazelle to follow up on in the same area as some stage.
Yes. Thanks again WOS.
I'd assumed that the Governor was elected which always has the potential to complicate things.
But he's appointed which has the potential to make things very easy indeed.
Local knowledge.
Well done Sir.
Great post WOS, it's all coming together. The Dornod governor is screwed. Named and shamed and backed into a corner, this will not bode well for him in the Magnai Trade court case. As you say I also believe his days are numbered unless he seriously plays ball. If I was MB I would continually turn the screw on this corrupt b*stard.
Roll onto the drilling season and a flow of hopefully positive RNS's. ATB IMO our time has come - at last - been a long wait !!!
Think people also understand now what "sensitive issues" refer to in post / sources Mr Professional try to get me banned for!
Goodbye & good luck to REAL Investors - this is VERY BEST Risk v Reward investment on Aim (imo)! π¦
I hope last post like I say before!
All who do not understand difference between opinion of what word "soon" mean & EXACT TIMES I GIVE FOR RNSs need to think a bit π€
Will leave there because my INTEL is good, Karma works & my prediction for Petro Matad development in Mongolia Energy space (and major Shareholder value growth) is 100% on track.
First - EXCELLENT RNS because it allow OPERATIONS TO GO AHEAD! π
Land access issue was push thru at Local level AND thru Special Certification process - BOTH of these can give LAND ACCESS!!
Now - Special Certification pass thru highest level Cabinet BUT need final signature from Local Governor BUT Local level permission gain which is way comosnybtryvto do infirst place - RESULT for Petro Matad.
THIS IS MOST IMPORTANT POINT FOR COMPANY & SHAREHOLDERS!
Now have anyone notice in recent Dornod Aimag publicity Deputy Governor much more public. Before was not case and has been for few weeks now
RNS 1st March 2024 - "The company has raised the issue FORMALLY (about Governor) with government agencies including: the Mineral Resources and Petroleum Authority of Mongolia, MMHI, Ministry of Economic Development, Central Land Agency, Deputy Prime Minister, PRIME MINISTER and the President".
Understand this point - Mongolia divided into 21 Aimags (inc Dornod) - Aimags divided into Soums (inc Mata) and this divide further into Baghs.
Parliaments of Provinces and Capital City ELECTED for four year period. Governors of Provinces (Aimags) and Capital City APPOINTED by Prime Minister.
We did think we would get permission thru Special Certification ( this will still happen with signature) but we did get it first with Local Permission from Mata Soum.
Local Governor have now been PUBLICLY identified and FORMAL COMPLAINT sent - he will sign now or be gone!
In meantime & most important - DRILLING ACTIVITY FOR 2024 SECURE TO GO AHEAD with all MULTIPLE RNSs WE CAN EXPECT LINKED TO THIS!
Always FOCUS ON INVESTMENT! ππ¦π°
Oh wow what a loser still crying over something said last year π, but if we go by your logic your a deramper as the orice is gone higher and we have a. RNS telling us we are progressing so really you are spreading false info and a lieing deramper,
Up 35% today to 3.7p from this mornings 11am 2.6p 3 month low.
Cybertron "dumb deramping can't stop laughing mate " reply to me 31/12/23 !!
I was not deramping but he obvisly is a ramper .
Still below when I last looked.
Yes, odd.
Waiting for something to add on?
More news imminent?
A lovely end to a lovely day NicetoMichu, and well said Sir!
Mr WOS he predict happy ending, Sir
Mr WOS he like happy ending, Sir
Wise man, he say: 'buy shoes, not shoe'
Why was the RNS held back for 2 days as stated end of February they new if it was market sensitive information? GLA
I am expecting the next RNS within the week possibly as early as Tuesday. This one very clearly points at where the hold up and although does not say as much directly it would suggest to me he has been holding out for the brown paper bag and who every suggested PC coffed up for it then i think they are right.
This will be sorted out quickly and we will all move forward in time for the new season.
About time Master.
Years of waiting and patience should bear fruit and it looks like there is light definitely at the end of this tunnel. I am sure I speak for a lot here who like myself have stuck in and this could be the beginning of the end of the 7am itch to see if something is posted by PM
GLA
I can see This moving upwards now.
Do not worry about the local governor. He will be forced to sign that paper.
Locals are in.
Government is in.
Herders are in.
Nice one Master.
That was really spot on. Do you think we will have a re-run next week and have a second one??
Your Welcome vikinglass. I hope everyone makes good money this year.
Next step in expecting an interview with MB
Plenty of news to come between now and May.
Who flushed out the RNS today π₯³π