We would love to hear your thoughts about our site and services, please take our survey 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.
Think RNS 20th June very clear about multiple opportunities and potential to "ADD VALUE and GENERATE REVENUE in the NEAR TERM".
Recent visit of Foreign Minister to Beijing mention China direct investment in Mongol Renewable sector. Mr Mike Buck mention renewable turnaround projects & energy export to China.
Today in Mongolia Govt channel they talk about increasing China renewable capacity. Also China investment in this.
"During the period from January to May, the total investment of major companies in the solar energy sector INCREASED by 140.3% compared to the same period of the previous year"
Mr Mike Buck mention renewable turnaround projects & energy export to China & Prime Minister will make official visit to Mongolia soon.
All know Special Certifucation LP main thing which we expect very soon BUT Mongolia have one of global biggest Renewable potential with China (and EU) making direct investment and RNS talk about REVENUE NEAR TERM.
Maybe people should really think what we have here. I have not sold any share for good reason ;)
WOS: I believe most investors as well as the market don't really understand the significance of "proven petroleum system". All they really care about is: Will the drill result in a strike or a duster - and as we've heard from various posters time and again the COS is 20% - which is not very encouraging.
However, even if the V-1 drill does not hit the "sweet spot" this time around, we will not be talking about a "duster". The current drill will lead PM closer and closer to the "sweet spot" where PM will find what its looking for.
This AIM playground is unforgiving when it comes to SP.
VELOCIRAPTOR 1 maybe fail even if it have "excellent source rock & in proven petroleum system". All know official COS
BUT
Lot who was going to derisk already did from 7p price when short delay in LP announce. This limit drop if V1 fail because many seller already sold.
Also depend if V2 announce to drill straight after. If company think did not find oil but is encouraging (remember already encouraging because proven petroleum system) then can help keep price up
Also if Land Access issue not RNSd by then every day is closer to it so people will not want to miss this.
If LP already hapoen (I think this will be case) then will unlock all other things like DQE deal, field development, first production & near term revenue from Renewable which is independent of this.
People who think (hope) big crash if V1 duster maybe think some more of what happen here. This is why I have so much confidence in mt holding ;)
Be Happy & understand opportunity with ALL picture & research :)
Seen a lot of abusive Hamm comments, on the poor UK Ambassador of Mongolia page too - bad Hamm!
If they prepare the grounds for improving your personal SP average. If the MoG keep stalling the LP I'm afraid the SP will fall; at a certain point I will gladly increase my holding.
Just to be clear: This is not what I'm hoping for - however, there's usually something positive in these kind of situations.
Good luck to all!
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.