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https://www.google.com/url?rct=j&sa=t&url=https://thediplomat.com/2022/12/india-to-finance-mongolias-greenfield-oil-refinery-plant/&ct=ga&cd=CAEYACoTNDc1MDYzNjE3NzUwNjE0NTYyNzIaNPetro Matad get a mention.
TUxYWMyNTFiMTZjMDIxZDpjb206ZW46VVM&usg=AOvVaw0esDtkWHwuu--6CK0vtLPV
Every little helps as they say - well itβs actually a great help getting back to cross border normality - now just need that LP overuse / go ahead from the minister
fun's over. As much as all of us would like (Xmas) holidays to last forever: We need to deal with reality again. Let's just hope that 2023 has got more positive news for PM in store.
Merry Christmas everyone, have a great break.
Looking forward to a healthy and prosperous 2023!
Merry Xmas fellow Matadors.
All the best for 2023.
Merry Xmas all and here's to a Properous New Matd!
Happy Christmas and here's to a very prosperous 2023 to all Matadors!
happy xmas and a prosperous new year to all holders
Happy Xmas mate, all the best to you and yours.
Hey guys I'm clocking out until new year now, all the best to you all, here's to a profitable 2023
The main thing about the 1m trade was that it was completed.
A sure sign confidence should be returning here.
Happy Christmas Team and a very prosperous and healthy New Year.
The 1M Buy (intraday price spike upward at the time & top intraday price paid) was a confident trade, reflective of the very strong investment case that MATD presents.
I wont say anything more about it specifically as it's the underpinnings/ analysis of the investment case itself thats more important.
What it does bring into focus is the header re: increasing liquidity in the stock, as (overall) trading volumes increase and with that trend only expected to continue & pick up pace, with upcoming Q1 2023 Operations & Newsflow.
I bought some more stock yesterday and the day before but that's my own personal trading decision and shouldn't directly influence anyone else.
However its reflective of those upcoming developments for the company and also the increasing liquidity which we should see, as trading volumes further increase and with an expected associated impact upwards on the share price.
Yesterday was a choppy day on the market for most stocks and with some pre Xmas profit taking factoring in. No discernable Santa rally yet across the wider market.
However Jimi's post yesterday fully backed up the sentiments communicated by MB from the Mining Minister, regarding the LP for Heron and I'm confident we'll get it within the timeframe he stated ie within January 2023 (refer to MBs statement in the presentation).
Apart from that, we have the potentially massive Velociraptor Operations ready to go for Q1 2023, which again feeds into the header and the major increase in trading Volume / Interest for MATD stock.
Some of us are positioning early with increased holding levels for a very exciting Q1 2023 coming up.
On a seperate note, wishing all MATD holders a very merry Xmas & a really prosperous New Year
Agree with you i think that is a buy and took a long time to fill the order. It is coming in at the buying price plus a bit.
.
I find it hard to believe that anybody could sell 1mio shares @3.60p - looks more like a buy to me. But then again: Who the hell cares what I think?
Someone either bought or sold 1 million shares at one point. Currently down as "Unknown"
That was long after a load of nothing but Buy orders though which bizarrely made the SP drop ... ??
I noticed and the number of sales coming through increased significantly as the day went on. Maybe a delay in filling orders but somehow there seems to be a self imposed ceiling on this share which i do not understand.
the "sea of blue" you - Ibiza - mentioned earlier today has changed its color. Nevertheless I continue to agree that the downturn is unjustified - manipulation?
Good find there Jimi and especially that critical last paragraph, which is consistent with what we've been told by MB.
Previously the direction was to 'solve disputes at the local level' and with the 2017 law change.
We now have the shift towards direct Govt. intervention, which underpins the Mining Minister's statement re: getting our LP within a time period effectively BEFORE the end of Jan and the Deputy Prime Minister's statement of a couple of days ago re: the fuel shortfall situation being 'much, much better in 2023'.
The header in the 06:57 post is consistent with how I see the price trajectory here.
Regards.
In my Google alert feed which I have set up and have them emailed to me. The article is from the Mongolian mining journal so could be a few wks old but thought maybe relevant. GAL
Avo as much as I would want to believe you I think you are posting b*ll****.
Excellent piece Jimi, where was this from ?
This year, our country is going to update the selection procedure for granting special licenses for minerals, and in this context, all the processes will be digitized. In this way, the classroom training of the electronic selection system for granting special licenses was organized for the enterprises of the sector. For the first time, the training was held in the classroom, and in the future, the National Geological Service will conduct the training online among the enterprises, and in the near future, the selection site will be announced in a unified manner.
Regarding this year, the National Geological Service and the Department of Minerals and Petroleum have prepared a total of 3.1 million hectares of land for selection according to their mineralization and prospects. These areas will be announced at once, and up to 400 licenses are expected to be issued. Within 30 days, the companies participating in the selection process in each field must send their proposals electronically ( via tender.gov.mn) can be submitted. However, enterprises have proposed to extend the period of 30 days. Thus, after the companies submit their proposals electronically, three evaluation commissions will be formed. The evaluation commission will make its conclusion based on the technical and price proposals submitted by the companies. The industry agency explained that the revised procedure will focus on price proposals as a step to prevent nepotism and the interests of officials. However, representatives of some enterprises are dissatisfied with this.
Although the government is rushing to intensify the stalled exploration sector and attract investment, there is fear and doubt among the companies that they will face opposition from the local administration and citizens. However, the Ministry of Minerals and Oil expressed that it will pay special attention to this issue. On the other hand, through the revision of the Law on Minerals and the Draft Land Package Law, regulations are being implemented to eliminate disputes that often arise between localities and companies.
Doesn't make sense does it. Seen it with this SP plenty of times.