Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Beyond drilling this s/p well into the 2'p via ongoing RNS silence on Heron first oil progress; No
Hopefully not.
Are their any further drills planned for MATD whilst they wait for lb?
Master82 - wouldn't it be a nice "brownie point" for the Eastern Provence Governor to be able to announce all formalities signed and development about to start for his meeting with OYUN-ERDENE .
ShortShrift - agree with post in full. Very well put. Frustrating, but no choice but to be patient. It’s a very whinging board at the moment, but I can understand the frustration!
Shortshrift - Apart from the first line, I agree with everything you wrote.
Avo - I don't think MB can do much more now. He looks as frustrated as everyone else.
Master - the Prime Minister/MG seem to be on our side. It's the locals that are the problem.
Let's pray something positive comes out of this for PM..
Mb should be ther with big bunch of flowers with the PM team.
✅ PRIME MINISTER OF MONGOLIA L. OYUN-ERDENE WILL PARTICIPATE IN THE "NEW REVIVAL OF THE EAST" INVESTMENT CONFERENCE
Mongolia's long-term development policy "Vision-2050", the implementation of the medium-term target program "New Revival Policy" to solve the factors that limit development, ensuring multi-stakeholder participation in the development policy and plan of the Eastern region of Mongolia, the long-term development goals of the Eastern Province, In order to intensify the implementation of the policy document on the main direction of development of the Eastern Province, the "Eastern New Revival" investment conference will be held from September 23 to 25, 2023.
The Prime Minister of Mongolia L. Oyun-Erdene, members of the State Great Khural elected from the Eastern province, government and international organizations, representatives of the Russian Federation and China, domestic investing enterprises of Mongolia, local authorities of the Eastern Region, investors and business attended the conference. representatives of employers will participate.
If you read these chats mike .Get your bast--d finger out you nob
Lots of research by many posters all much appreciated. I think for me this has become a simple punt. If you believe that an rns is imminent (licence and production this year) then this is the bottom and a good price to buy. If you believe that the next rns will be poor (no licence and/or no production this year) then it’s worth waiting for a lower price. There is no evidence to suggest which it will be its pure speculation. I think the only certainty (if there is such a thing) is that there is oil there and it’s just a question of when. I have reduced my holding significantly since the risk of failure this year has increased for me. Whatever your decisions are, good luck
Formalities with no time scale has caused the price crash.
If WOS will bring us back a present from his Malaysian holiday.
By the way, the reason why the people who really drive the price action ( not you and me ) test down to a support level, is to check how much selling pressure there is at that price level. If they are lucky they might catch some stops as well. What they don't want is for a load of sell orders to come in when the price starts to rise - particularly if they haven't yet accumulated all that they want to accumulate at as low a level as possible. You don't want the price to go up against you whilst you are still accumulating. Sometimes they test back to a support level several times whilst they gauge the reaction, and how much selling pressure there is out there. Right now the support is around 3p.
Just looking at my notes I had this at a buy position at 3.5p for a long time and moved in and out. (Normally out when Owl started hyper ramping)
I’ve set up a new buy order on Monday at 2.85 so let’s see if it gets filled?
Doc83.
If you look at a chart going back to 2014 then you could easily draw support and resistance lines, with support between 2 to 3p. It has hit that support 8 or 9 times in that period.
If you use say a two year chart, then for most of February this year there was clear support at the 3p level. We look as though we have just bounced off that now, with a test spike down to 3p, and now finishing above that, which may well be a buy signal. Do your own research of course. Often before a move up happens there is a test down to a previous support level.
Looks like the Ities are moving in people 🤣🤣 or a poster with a new avatar 🤔 GLA
Que?
Di dove sei?
Ogni giorno che passa questo titolo mi sta deludendo sempre più
BigBench was saying the same at 7p and has gone very quiet.
I would genuinely be interested to hear what investor 33 says is the bottom of the trading range...
//This share surely must rise from here. They will most probably start to produce soon.//
Maybe - if by "soon" you mean in the next 2 to 3 years!
This share surely must rise from here. They will most probably start to produce soon. Just awaiting rns to confirm
Not long now and we will be back in the 2's !
Pull your finger out Mr Buck you are becoming a laughing stock !
One day Rodders ........
Investor33: " we are simply currently sitting within an average trading range."
What are your charts telling you is the bottom of the current trading range?
I apologise. 550,000.