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.
BP correction. 4/1 gamble = 20%
Should have V1 spud RNS this week or very LATEST early next week.
Cabinet Meeting today with 23 topic to discuss. Could be signing today.
When people say "will be Sept" or other month this is just made up by poster with NO logic.
One who say will be done few month ago use right LOGIC and would have been correct but Ministry jurisdiction change to protect shareholder but MMHI was READY TO SUBMIT.
This tell you very clearly one who did say Sept use wrong logic & did hope for lucky guess with month he just take from bottom maybe lol
We look at time to prepare documentation before and see if same time (this is most logical) document should be ready for submission about now (also seperate Ministry opinion should be same).
Maybe Special Certifucation under Project of National Importance will be sign at today Cabinet Meeting. Maybe one next week BUT logic tell us will be VERY soon.
V1 result in about 5-6 week so expect Special Certification for Block XX before this.
One who say but "logic not work" then do not use logic. With so high multiple rise we expect here will not take risk of not having MATD stock.
Also New Block news we expect because 22 May RNS say fiscal term & condition already agree.
Buy or not who care your choice but be Happy :)
//These Mongols are taking us for a ride. Blind leading the partially sighted..//
I think the MG know very well what they are doing and are happy to play the "long game" knowing they have oil for their own use. The idea that they would want to profit from exporting Heron oil in the short term is misguided IMV so they will string PM along for the foreseeable. The LP (or not) & substantial income for PM from Heron is pie in the sky and another cash raise is inevitable. Maybe a bit of a rise in the SP up to V1 spud then it's a 5/1 gamble on the result. Be happy, hoot hoot.
Michu guilty of being caught with pant(s) down here recently..
...but still only feels to me like a poster Richard SmallWood versus poster Brazil bum bum occurrence
Not overly concerned - yet, at least - about having a small bet in play only here right now...
Such a volatile and punk share, this one..
who knows really..
These Mongols are taking us for a ride. Blind leading the partially sighted..
Its madness that they are making laws up and not knowing exactly what to do.
PM has turned in to a guinea pig
I am not quite sure why this has to be discussed at cabinet level. I thought it had been decided and signed off by Minister in Charge now MMHI or am i missing something here.
I have to saying does amaze me that after six months of certain posters saying licence this week or it’s already been approved have ‘neck’ still to be posting it.
Not even Mike Buck puts a time line on it (apart as a boost to share price when he’s doing a fund raise).
The last RNS said next RNS on spud pretty much, so I’ll be surprised if it even mentions LP . I sway towards a short term rise on SPUD.
But as I’ve said on countless occasions if a duster it’s all down hill until LP comes in and that’s a fact………although the happy ending is I think LP will come in Sept/Oct……giving us a year to get our rigs in place for the oil refinery opening in 2025……until then prepare for a bumpy ride.
Doc have a look at master82's first post to you, marked up by alot of people, look at your posts, dude no one likes you here, stop picking on people like a bully and have your own constructive posts about the investment rather than constantly blaming others if it does go in a straight line,
I should think 6p will be revisited before end of week
Think there is a strong chance we should crack 5p tomorrow. News can drop any day now from here onwards. Bit Frustrating but can wait for another few days.
Translation of that meeting
The 2nd meeting of the #National_Business_Committee was held.
The following issues were discussed.
📍The results of the National Consultation held on 26.05.2023 were summarized and discussed and approved in the work plan of the committee.
📍 Listened to the presentation of the project to be implemented in the first place in each sector in accordance with the mandate of the sub-committees.
#In the direction of coal, the Choibalsang AUPark project or dimethyl and hydrogen plant based on the lignite deposits of the Eastern region, the Choir AUPark project or dimethyl and methanol plant projects based on the coal deposits of the Central region;
#In the direction of copper, the project of copper concentrate processing and elemental sulfur plant based on Erdenet plant;
In the direction of #Khar_metallurgical, the mining metallurgical complex or wet concentrator, mini-direct reduction, shelter, coke, cast iron and steel plants in Darkhan region, Altanshireet and Gyeretgovi AU Park projects in Dornogovi province were presented and discussed.
📍 It is planned to carry out the next stage of data processing and consensus on these selected projects and present them to the government and make policy decisions within the third quarter of 2023.
I am glad that the work of the committee is progressing and working.
Today the Mining minister posted about projects to be discussed in Q3 and put forward to the government . They were not Talking about PM .My guess is PM will have been discussed and passed off before the Q3.
https://m.facebook.com/story.php?story_fbid=pfbid02QmciyKM3vrM7G8MN746rYAuh6akZRHZ7EVtrPtnq5PP4SVHM5vtRAFq9y9Z4FR2el&id=100044376131378
No not a word even though we were told that we'd be kept updated on progress on the lead up to spudding, how I see it tho, we were also told the RNS will arrive when V1 has been spud which I think might happen Sunday and RNSd Monday morning (imo), not long now and if LP lands this month also double bonus so really hope V1 is a hit. Certainly interesting times ahead, GLA
“Make your own predictions liike 1p or 0.5p”
I did! Many months ago I said I reckoned September for the LP and was crucified by you and your merry gang of super rampers. iamrich telling me to “STFU you ba5tard…” or words to that effect. So far, September is (sadly) looking more and more likely.
But I did top up last week at c.4.2p because I’m hopeful we will eventually get the LP.
Got to laugh at the “Come up with something using your own brain” line. I mean it takes a lot of brain power to spout “LP is 15p!!!”
Why does it rattle your cage if people want to predict or post anything here let them stop doing a commentary on peoples posts.
Majority of your posts are comments on other peoples posts.
Come up with something using you're own brain.
If i say 6p or iam rich says 15p or wos says 50p let it be.
Make your own predictions liike 1p or 0.5p
“Why do you make remarks on everyone who posts on here.”
Because people like you come up with baseless posts, like “this should hit 6.5p by Friday”… why?!
Stop being so sensitive.
Anyone know if the rig has arrived on site here???
Doc . You just love to question people. You never come up with anything positive or constructive.
Who employs you or works with you. They must have a nightmare putting up with you.
Did the sp go to 7.1p on no LP and after the raise.
Yessss .
Sp will rise for few more weeks and if no news then back down.
Why do you make remarks on everyone who posts on here.
Why can't you come up with something using you're own intellect
Why should it hit 6.5p by Friday if the LP is still missing?
When you say it’s crashed down from 7p, one could argue that actually it is c.3x the price it was in November, and yet what has FUNDAMENTALLY changed? We’ve had a cash raise and more delays. And more silence from MB.
I have a couple of questions for those who know more about oil drills than i do as i have only been invested in two others.
From what i gather this like many others will be a "tight drill" in that will be some kind of embargo on leaking. Really have to say i am not sure how this is going to work. This is not an off shore rig where everyone is isolated for weeks at a time but on shore and i am sure some of the workers will be locals who go home at night. Personally i think something will get leaked either through them or if there is a strike early i reckon you would find it difficult to muzzle the MG from opening their collective mouths. Far too big for MG to ignore imo if V1 strikes in the way it is hoped.
Ignoring all of that and assuming that somehow MB maintains a "tight drill" if he says it will take 30 days to drill does that mean the RNS comes out on the 30th day. Or does it only come out on 30th day if they have not found oil up till the 27th day allowing 3 days to wrap up and conversely if they strike oil or what they believe to be a decent find (unappraised) would they not have to announce it much earlier as it would be pointless carrying on drilling if they already know there is oil there. The lack of drilling would surely be noticed not to mention word getting out as mentioned earlier. So my argument is that the closer we get to 30 days (or whatever the time period is) without an RNS giving news the more likely it is to be a duster. So my point is the 30 days from spud is for guidance purposes only and absolutely no indication of any thing other than a duster the closer to the date we get and even then not terrible indicative as DQE and MB are going to throw money away once they have drilled into the final seam as to chances of finding anything. Basically someone tell me how the hell do you keep information / rumours from slipping out.
We have a few people on the ground out there i believe and would hope they may be find their way over to V1 for a few days late into the drill give us a heads up here.
Should hit. 6.5p by this friday. Expecting news monday . Can't be far off the spud day
Good Bounce not only in MATD but also PRD. Expecting Bounce in some other Shares as well (already in and holding for Bounce). My Aim (like others) is to grow my Investment and that's what matters (no sentimental attachment to any companies). AIMO DYOR (your money your choice).
Hamm is now the number 1 loser on this board. Quite a feat, given the likes of WOS and iamrich post here!
Very comfortable I watch this because have share. Think if did not will be one sweating.
To much multiple upside of price so VERY happy to hold MATD share stock & so much news.
Be happy all fellow shareholder :)
He has gone bye buys