Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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China is also in the carribean (building hospitals etc on the cheap, gaining influence and Africa in mining and natural resources for a good few years now. Basically they are using western tactics to gain access and influence around the world. As someone already mentioned, they are supplying components and equipment as well as supporting Russian financial system. I'm sure Russia will end up indebted to China. World order is definitely changing
Mr Cybertron - think your comment VERY true for previous Govts in Mongolia. One we have now lot are foreign educated & fight very hard to change things (of course some will say not hard enough).
This is speech yesterday by Prime Minister on National Wealth Fund. He point out again how Mining industry make up 93% of exports (important for foreign currency reserve).
Mongolia.giv.mn/news/26979
Mongolian population will have very high global per capita income even if many of them are not clever enough to understand this yet.
Catalyst for Petro Matad is if course loans permit finalising but all other pieces very well arrange for major growth / shareholder value.
*Include - massive new oil blocks (sharing known producing basins)
- Well funded Renewable sector set for massive growth in Mongolia
If course this maybe not focus of many here but let people know what many of us long timeframe investors are looking at.
🦉
"I have a good feeling about the next few days.......GLA"
Proph, any reason(s) you have a good feeling?
So many resource rich country's out there who can if pushed it would not be a third world country but keeping it that way makes it better for the people in power
People need to understand a their world country and especially Mongolia that governments do not really care although they will like to see their country progress it's all about how everyone long I'm in power I will do what's best to make myswlf rich, so all these talks about countrys future means nothing although they will do and say things to move the boat slowly to show people they are doing something
Dozz. I've not contacted him. I thought give it a week or two. Don't want him to block me as he might think I'm pestering him.
Slowly. He is the main guy in the district government.
The one who was behind the desk when the activists stormed the district office.
Master, any further news from the Mongolian contact who replied to you last week ?
Chinese blocks. 19 and 20. Clearly production are falling.
If the government was serious about feeding their refinery then now is the time to act. It'll take few years to ramp up production at block 20.
Someone with money is holding PM back.
If Governor had so much power he would have stopped PC by now.
PM is held back and choked financially by the government.
Https://bloombergtv.mn/news/hd1e9?fbclid=IwZXh0bgNhZW0CMTEAAR0bS6FVnDUfL6nhdfWh4vZoJOoxuiwfDh-ai3AO0VEqM4iu78cR8Lkx2Lk_aem_AQilfRvmXfZecXFGCM13xuUPY6ovPEmQ8SkifsCHPqQ4NoqQk4ngeE5QJCSN3a_LYJBkCfF_J3ALIBNRecyKTYJf
However, oil production has decreased in recent years and reached about 600,000 tons in 2023, and the reserves of the Tamsag and Toson-Uul fields, where the main production is taking place, have decreased, and the annual production volume is expected to be 400,000 tons.
Indian companies are carrying out a set of works such as non-technological buildings and thermal power plants for the oil refinery, which is financed by the government of the Republic of Moldova with more than one billion US dollars, while Chinese companies are carrying out the construction of oil pipelines.
Behind every war there's the money men. Who profit from selling weapons.
"China has fully militarized at least three of several islands it built in the disputed South China Sea, arming them with anti-ship and anti-aircraft missile systems, laser and jamming equipment and fighter jets in an increasingly aggressive move that threatens all nations operating nearby, a top US military commander said Sunday."
@Londonsuede ;
" At least they want peace in the world and respect sovereign country's border, not same as the Rus bears. i think "
You don't realise then that China has ramped up sales of machine tools, microelectronics and other technology that Moscow is using to produce missiles, tanks, aircraft and other weaponry ?
Or that China doesn't recognise the sovereignty of Taiwan ? If it invades then it will destroy world trade and cause a monumental shock to the world economy. All the supply chains built up in the last three decades would fall apart, and most likely there would be the mother of all financial crises. The US and the EU would be under pressure to wean themselves off Chinese trade and minerals, so inflation would soar like never before. Plus Taiwan produces more than 60% of the world's semiconductors and over 90% of advanced ones.
Anyway, if China is so peaceful why are they creating so many bases in the South China Sea ? They are a nasty, authoritarian regime who are anything but peaceful...
mr emotional good to hear you where finally able to ****. understand your good feeling.
wos : trading signal clear. lets go
đź’Ż !!
I have a good feeling about the next few days.......GLA
Roxy2020 ; very true.
Sorry one correction. HKG is thier internal affairs but one country two systems must be respected. Democracy should not be suppressed. i wanted to say that. otherwise all good. Have a good evening all. :-)))
No more posts from me until SP reach 35p as we wished for long time. GLTAH
De-risk biut not de-couple. Most pragmatic leaders in the world agrees with it. Myabe pro Truimpo and Russo supporters promote de-coupling, it will only prolong the ukraine wor. apologise enough for today's non sense. lets back to our discussion on PM and mr Bull. Hope he will genuinly bring us real Bull days very soon. Not again rus bear days over and over again.
I agree roxy: In my modest opinion there are not a lot of arguments which would support Chinese activities - irrespective of their motivation. This country is scary to say the least; I just hope other countries/governments have their eyes wide open and do what is necessary to keep them in line.
Doc I have to give you top marks for that .YOU are spot on.
The Chinese will NOT do ANYTHING in the slightest if its not to their advantage.
It is their internal affairs, maybe SC sea is quite a bit complicated. The west should recruit C on thier own side instead of being adversary. 15 years ago times where good everyone was looking for prosperity not adversary. But again have you already come at the Palace? again talk to him not me:-)))
LS, China want peace in the world?
Have you seen what they've done to the Uyghar Muslims, Hong Kong, intimidating Taiwan, bullying and terrorising territories in the South China sea, the hacking attempts on various nations and refusal to condemn Russia for Ukraine and more?!?!
Mental.
Yes genuine. so what? i dont want to be involved in a stpid discussion wth you. Mr.Macr realises it, if you want to debate talk to him haha. maybe u go now to Élysée Palace. Good li=uck.
We are all slaves to the money men. Banks. Chinese .IMF. loans will keep the poor in that bracket and the rich will just get more rich.
“At least they want peace in the world and respect sovereign country's border…”
Is this a joke?! Genuine, is it?