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Cannot find anything else but reference included in Cabinet Meeti g update just out.
Official website slow to update content.
Will find out in RNS tomorrow if confirm
Investor33: "So if it's not mm manipulation then presumably you believe that the market deemed after the last RNS that MATD is suddenly worth half its market cap ? "
Or you could say that MMs still think MATD is worth 2.5x more (from December price) to now, despite nothing fundamentally changing, i.e. still no LP.
Cheers
Dornod Aimag website posted 2 hour ago
""In cooperation with the Ministry of Environment training is being organized to improve the implementation of the Law on Natural Resource Royalties"
@Doc83
So if it's not mm manipulation then presumably you believe that the market deemed after the last RNS that MATD is suddenly worth half its market cap ? That's essentially what you are saying. All the spikes have been followed by precipitous falls over the last 4 years or so - the ones not caused by raises have been down to blatant mm manipulation of the bid and ask. People like badprophet who seems to have sold up after one of these slides are exactly the kind of people that the mms are targeting - weakholders who they can panic, and thus shake out easily during their accumulation phase.
What resolution of land use was RESOLVED today in Cabinet?
I expect Ministry of Urban Development at final stage of submission for Special Certifucation because last update dud not say how long before did submissions to other Ministries take place. I did expect LATEST about 10th July but could be today.
Do not know because have no confirmation RNS.
Already hold share so do not worry but happy if they confirm - do own research
Mr Betchaby
Is on official Mongol Gov website mongolia.gov.mn
Like I say "Legal Regulations Related to Land Use Relations Were Resolved in Accordance With the Law on Land"
Is this resolution of land use for special Certifucation for Block XX?
30 topics discuss and usually have resukt for only few & limit of information in write up after
Other things like Pension and road transport but biggest discussion today look like new laws to protect Foreign investment with Draft Law on Investments
WOS do u have a link to cabinet meeting infor? Cheers.
Master82 - it's nothing of the sort. It is simply that the SP rose from 1.6p all the way up to 7p+ on anticipation of the LP following MB's "1-3 month" comment. That LP has, for whatever reason, still not arrived and so the market is having its say. This was always going to happen... no LP and the SP will continue to drift lower.
Unless of course the 20% chance comes in with Velociraptor.
Bottom drawer for a couple of weeks !!
Micky mouse sells to bring price down. Mms stop playing games . I doubt you will get people selling large amounts at this stage.
Have to see what this mean for Petro Matad and if directly link to submission of special land use from Ministry to Cabinet
Article No: 10
Cabinet Meeting Update
Legal Regulations Related to Land Use Relations Were Resolved in Accordance With the Law on Land
TheRole on Investment Protection and Support is Defined as the Function of All Govt Institutions
Curious, sloth more like, irony, buying an all out electric motorcar to save the planet and a tree falls down and crushes it. 😁 GLA
Petro Matad are being as pro-active as they can be here.
There's not much else to do other than place your bets and await events.
I'm currently minded to thin that longer term 4p is a gift given that I think the Heron permit is just a matter or time and that'll still be the case regardless of the Velociraptor drill result.
But imagine waking up to a huge Velociraptor strike RNS in 2-3 weeks before that happens.
Oh the irony...
Grown men have nothing better to do then talk rubbish
Curious, I think SNAILS PACE!
I wonder what 'at pace' means to PM.
Seriously! its right near the top🙄 whilst wos is over excitable, i can understand his frustration when commenting on the basics
Doc, I stand corrected, thank you.
@vikinglass Then he shouldn’t use quote marks. It’s deceitful and very wrong and I think everyone knows that.
It's in the directors statement.
Renewable Energy Opportunities in Mongolia
"Petro Matad continued to explore opportunities in the renewable energy sector in Mongolia through 2022 following Board approval to do so in 2021. Work was done to investigate the technical and commercial drivers of solar, wind and battery storage opportunities and to evaluate local partners. As a result, a solid relationship was established with Sunsteppe Energy, an experienced and well connected local developer with a track record of bringing projects to construction ready status and finding investors for the construction phase. A joint venture has been established between Sunsteppe and Petro Matad and work is now moving forward at pace to generate a number of renewable energy opportunities that have the potential to add value and generate revenue in the near term."
Mojito, I don't think WOS quoted what was said in the RNS, he used his own words and his own view of what could be....
I think you know this too 🙂