Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Would rather PM got the go ahead to get the oil flowing in Heron first with multiple wells on the go and then be in a much stronger bargaining position and then if a big offer comes in then go for it, and then concentrate on other licenses and renewables.
PC would probably jump at the chance to put some lowball offer in. But Iβd put the chance of PC being allowed to buy PM at less than 10%.
And I agree with SS that much more value should be realised by going it alone, at least in the immediate term.
I also maintain that if/when we get that positive RNS, the SP will massively overshoot where it eventually settles down to. There could be plenty of money to be made at that point.
China WILL WANT PETRO MATAD if they can get it. Make 100% sense for own domestic import supply & logistic next to Petro China.
Mongol Govt maybe try to stop them but OFFER & all activity will make very exciting time here lol
If TAKEOVER offer happen do not think it will be soon but maybe wrong & iwill before full development grow.
Agree - Mongolian Govt want to protect domestic production AND think Petro Matad have more plan to work in very close way with Govt (IOM meeting / helping with Tender process / attract foreign JVs).
Also must ask mr Buck if Project of National Importance important for any takeover.
BUT
PETROVIS is not charity and want to see ROI. Production revenue help grow business but also think will not be that long for LIMITED DIVIDEND.
Investor have own opinion how long but with FAST TRACK full field development to 7,000 - 10,000 bbls a day then will not be long. Do not think they will wait for full development to introduce this.
My thought - everyone have opinion π¦
Just cannot see a buyout being allowed by the MG, not with the experience they have with PC and think there would be revolt from the locals and with elections coming next year I think it would be a huge mistake
If you think Petro China get there field take away by Mongolian Govt you do not understand Mongol / China relationship or Govt economic development plan LOL!
When we talk about any takeover this is just something Mr Mike Buck mention in interview when ask. Make sense for China but does it make sense for Mongolia who push DOMESTIC PRODUCTION? Will PROJECT OF NATIONAL IMPORTANCE status have affect on this?
Anyway takeover not in discussion yet!
Point I make is this is first time I see Petro China / Petro Matad Meeting together and maybeshow they see as fellow producer status now.
All piece fitting together π¦
Petro china are by the sounds of it:
At worst get their whole field confiscated by the Mongolian Govt
but most likely have their wrists slapped and told not to be bad boys again.
Whichever way they are not going to continue to be flavour of the month with MMMHI or the MG let the people of the Dornod province and at the moment we are being hung for the sheep we have not yet stolen by being tarred with the same brush as PC.
We have our sight and need to explore and prove up Heron and then start to find a partner. What PC might want is to take us over but trade in our name rather than trade in their name. Or a ready made option is to use DQE as their acceptable front face. New and possibly not known too well by the MG. Just a thought.
20p a share would be very nice right now of god knows how many years of waiting.
Researchandhold said //BP is like a stain on humanity//
A buyout of the production side would be eminently sensible at any reasonable price. Allow MB to get on his camel & do more prospecting (or, more likely, retire altogether).
Wooster - give it a year and hang in their for 30p +
So the herders fuel travel costs to the local meeting are being reimbursed for around $20 each .
Does anyone see an irony in their being paid for diesel yet resisting its production !!
I suspect weβre looking at late next week before the big RNS
I would be happy with a buyout 20p a share
I say this also for people who understand about agreements between Petro China & Petro Matad with production π
Header say A LOT and this is what lot maybe miss.
Now Petro Matad see as party in this with PERMISSION & DEVELOPMENT plan.
DQE sister company if Petro China, strong relations between PC & PM with understanding of co-operation like mr Buck say (he even mention BUY OUT potential before but this is not in this discussion).
Herder get pay money to attend because they come over snow / cold weather & better then empty hall or few protestor only.
Again this is part of process to let all know what happening thru this sort of meeting.
What happening? Think all have good idea thru INFO / Discussion on BB.
Like header say NOW Petro China do meetings with Petro Matad because position of PM advance.
Am glad mr Thurngasson does not use any other body part in example lol but like he say all point to NOSE on FACE!
Be Wise & Researched π¦
βLast reply as i am off for a date with a very lovely lady...β
Well they do say opposites attract!
o **** forgot one thing...
if you have money you have mates every where. simple
Last reply as i am off for a date with a very lovely lady...
I have been told vpn can not be traced but you can hack it. Do ask me details as i dont know. Believe it or not.
As so often here the point i made is skipped as it is not convenient.
Who would share price sensitive info with an BB bwfore taking a position unless hΓ© knows it is false.....
See you monday rampers
And ss the question should not be if you believe me (,who cares) but why i would.
What made me more suspicous than all the normal ramping and dumb remarks?
People sharing apparantly very price sensitive info here. Who would do that unless they knew it was false hoping to sell on a spike?
If you thought the info was genuine a real investor would buy shares as fast as hΓ© could.
We did not see that. Imy auspicion was validated. Rampers.
Haha that would not be so clever SS... so no will not.
But just ignore. Just wanted to let the people involved know..
For the rest as ojay says: we are all waiting for THE rns.
And as wos says: nobody knows when
Cheers
wrong again... i have read it all... listen to all... still think it will take longer. why? research... ;)
today i did research as well. not on fundamtals. not on technicals but on accounts on here. crossreferencing ip adresses etc ( ok a friend of my did so cant really say what hΓ© did...) and outcome was even worse then i thought! not many real people here....
well we all new a ramping crew was here but it is a ******* big one. cheers guys. monday i will join
Could've been better. But it is how it is.
I guess we all agree that we investors, the market as well as all those potential investors standing on the sidelines are waiting for just one thing:
For MB to resign (just joking!!!).
We're all waiting for the arrival of the "mother of all RNSs" telling us that Heron can finally and unconditionally be exploited as this should have happended many years ago. That respective RNS will change the PM world completely and catapult the sp to new spheres.
ATB
WoS not sure RNS next week??
Use weekend to build up your confidence! You are the ramp champ so come on. Lets do this together. Go matad go matad.
Montsame mn website gives the currency valuations .
RNS or not next week - who know for sure.
No talks or negotiations when Cabinet have ORDER this. Check also Law change early this year. Before local had power but Govt see this go against business so change law.
Herder compensation AGREED months ago not "starting"(keep up). This is not negotiation. This is beauracratuc process.
There is difference and like Mr Thurngasson point out all this thing coming together.
Use weekend to research better.
π¦
Imho still months away but we will see.
From Monday on i will shout rns today. Sp 5 soon.
Up trend!
No shares available
Zak mir
Meeting
Shhh dont tell the others
Wos owned means they now acknowledge the herders are still the owners. Talks and negotiations starting.
Yes good to slowly progress but this will imho take time and no rns next week. We will see