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Jimi prepared, I don't think you understood, what else can you invest in if you have so much assurance from what's happening or research, everything on aim is risky but this is as good as it gets
And I'm sure all agree hence invested in MATD at this moment, those that don't think so sold or will sell and move on
//Now if this is a risky bet then I don't know what else is safe on AIM markets// Iamrich there are no safe bets in the aim casino and the way I see it Matad is far from safe until LP is RNS'd and hopefully V1 hits the black gold, imo, so be prepared for all eventualities. GLA
I see our absent friend Hamm has been posting negative comments on the MCUD Facebook page 😞
Nah. I would have added LP RNS by 9th July AT THE LATEST if I was WOS 😉
Curious - I now believe you are WOS!!!
iamrich - not sold out. But then you know that. Bought more at 4.2p, still in profit, but what was a very nice profit at 7p is now just an ordinary looking profit.
The best part is
At the meeting, the feasibility study (detail) of the underground leaching mining and processing plant of Zövch-Ovoo and Dulam-Uul uranium deposits located in Ulaanbadrak sum area of ​​Dornogovi Province was discussed.
Or .... some would say
100% chance for LP and 66.6% chance for V1.
H2 = 50p.
Get your golden tickets now for the £1 party before it's too late.
Dont get caught with pants down.
Wouldn't want to be out of this at the weekend.
BOOOOOM
😉
Doc just be honest that you sold out and commenting on negative only, it's seems you are angling constantly on how to take the share price down
Up to you fella but we can read and understand what's going on,
Velociraptor not even priced in no one cares until LP lands or velociraptor actually strikes, we all know it's. 1-5 chance so not gambling on that but if good then expect double whammy
Too good to be out right now
Translation
An extended meeting of the Mineral Resources Professional Council was held

The expanded session of the Professional Council of Mineral Resources No. STR/23-03 was held on June 22, 2023 in the Conference Hall of the Mineral and Oil Department.
At the meeting, the feasibility study (detail) of the underground leaching mining and processing plant of Zövch-Ovoo and Dulam-Uul uranium deposits located in Ulaanbadrak sum area of ​​Dornogovi Province was discussed.
The management and experts of the contractor Mining Institute and the client French-Mongolian joint company "Badrah-Energy" participated in the meeting and presented the Feasibility Study to the members of the Professional Council of Mineral Resources.

On this occasion, the chairman of the AMGTG, L. Bayarmandal, made 13 recommendations and presented the reviews of experts. Also, the members of the Professional Council of Mineral Resources asked questions related to the feasibility study, discussed opinions and criticisms, and received clarifications from the customers and contractors.
Thus, the members discussed the issue, partially accepted the feasibility study, and considered it necessary to refine and present the economic calculation and evaluation, and the extended session ended.
The participants emphasized that the above project will be considered as the largest economic development after Oyutolgoi. With the implementation of the project, more than 800 direct jobs and 800 indirect jobs will be created in Mongolia, and it is estimated that 2.1 billion US dollars in taxes will be collected in the state budget.
Its coming soon. Just more patience required
https://mrpam.gov.mn/news/2572/?fbclid=IwAR2vJQRBoQfOFo36oE4MrPPj2pko6Xmd_BT-vp7Vl4UWR2xWygl4gwgzTw8
Doc
LP is coming 💯 when no one knows but we can guess from the RNS and soon as it gets submitted to cabinet, for me there's no risk anymore, it will happen
Matd doing alot of work with MG plus MG needs succes stories for foreign investors
MG now have a joint company with matd probably IOM visit
Land development done all their own on certification and passed on to ministerys only for comment then to cabinet to sign off on a project of national importance
Now if this is a risky bet then I don't know what else is safe on AIM markets
Probabilities based on LP at 66%, Velociraptor success 20%:
1. LP lands and raptor is a success? 20-30p, possibly more if it's good quality oil, upper end of estimates volume wise etc
13.4% Chance
2. No LP and raptor is success? 10-20p
6.6% Chance
3. LP lands and raptor is a duster? 12-15p
53.6% Chance
4. No LP and raptor is a duster? Initially 2-3p but eventually drifting to sub 2p with our hopes left on the renewables adventure.
26.4% Chance
I.e. twice as likely as not...
Wigster, re-run those numbers with LP at 66.6%.
Just to qualify, 90% chance of LP is my own figure. Could be more....could be a lot less.
Dockerman, the risk/reward is good, hence why I'm invested. But it's by no means a certainty. But thinking sensibly, we have to assume Velociraptor will disappoint as the odds are clearly against us. So for me this is still about Heron and the LP. And I don't think that's a done deal, despite what WOS might think.
Probabilities based on LP at 90%, Velociraptor success 20%:
1. LP lands and raptor is a success? 20-30p, possibly more if it's good quality oil, upper end of estimates volume wise etc
18% Chance
2. No LP and raptor is success? 10-20p
2% Chance
3. LP lands and raptor is a duster? 12-15p
72% Chance
4. No LP and raptor is a duster? Initially 2-3p but eventually drifting to sub 2p with our hopes left on the renewables adventure.
8% Chance
If you look at the probabilities of each scenario then at 4p this is a very good bet!
1. LP lands and raptor is a success? 20-30p, possibly more if it's good quality oil, upper end of estimates volume wise etc
2. No LP and raptor is success? 10-20p
3. LP lands and raptor is a duster? 12-15p
4. No LP and raptor is a duster? Initially 2-3p but eventually drifting to sub 2p with our hopes left on the renewables adventure.
Doc, what do you think the price will be in the following scenarios:
1. LP lands and raptor is a success?
2. No LP and raptor is success?
3. LP lands and raptor is a duster?
4. No LP and raptor is a duster?
Why? have you inspected his sleeve??
Unfortunately Mr Buck has nothing 'up his sleeve'.
He has an oil man's nose and seismic date for the Raptor Trend and he has his own intuition and thoughts on what he's been told by the Mongolian Politicians which he may, or may not, have passed onto us in his various communications.
The dice are rolling and will land where they land.
Good luck everyone who's in for the drill result and the eventual 'safety net' of the Heron Special Purpose certification.
Not sure how relevant, but shows issues, such as delegating licencing decisions, moving away from the need for government sanction.
https://m.facebook.com/story.php?story_fbid=pfbid03AmKZbF12Dk67MAM5vpKEkbQwxGb9nYgn16reYHeetasyfwpxMrynWhE2MEdjNQhl&id=100067633403423
Doc, re possible fall in sp if we had bad news, I've been wondering about the 4.80 sp to staff share scheme, it was confident, it makes me think Mr Buck has something up his sleeve 😉💰🚀