George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Well AI Investor you'll have to make an effort to match my (almost) 40 mio shares. GL
Vikings ass I bet I have something bigger than yours :-)
Hi all..
I know we all saw the RNS operational update on May 22nd - but as usual, and it now being June 8th - it is noted that Mr Buck, as per usual - is still silent when it comes to keeping investors updated with progress.
To summarise the key updates from May 22nd - with bullet point 1 below, now just 7 days away from forecast - being first half of June. Any updates please Mr Buck to the shareholders?
Operational Update
Key Company Updates
· Rig arrival and Velociraptor 1 spud are forecast during the first half of June.
· Mobilization of site construction equipment to the Velociraptor 1 well location has commenced.
· Documentation proposing the certification of the Block XX Exploitation Area as Special Purpose Land for submission to Cabinet is being prepared by the ministries responsible.
· Negotiations with the Government for a new block in Mongolia's 2023 Exploration Tender Round are continuing.
I wonder if MB has got paperwork sorted to use PC facilities while we wait for the LP.
If its just 2 weeks workover with a crane. We will definitely need the permit to use the PC facilities.
4/5 months left till end of season.
I'm hoping things are moving with PC and DQE.
We can't have still negotiating in the next RNS
I have been here since the very first day and have 20 million shares.
No lies here
Fair enough ojay.. good luck to you !
(and apols for being a bit out on the years of that 30p + rally.. I started to play hard in the AIM O&G space in second half of 2015.. and early on took a fair olde beating for a fair while.... then had a golden two years.. so late 2016 and 2017 for that big rally here makes sense....this was my first properly meaningful win in the space.. I remember standing outside Gaps shop on High Street Kensington to take a min to check in on this one afternoon.. and in the space of 30 mins standing there with my mouth open I watched a 7k bet double and some.... did some tactical trading thru that rally thereafter .. got nowhere near maxamizing the possible trough to peak overall gain .....but you never do.. still was thrilled/hooked by that specific rally experience :-) ...those were the AIM O&G days.. 21 to a decent extent too for me .... some tough years too mind.. hopefully AIM O&G proper bull market comes around again.. but with the World going greener and greener into the future it'll keep getting harder and harder to win well in the space, I'll guess)
Sorry: meant to write 2010/2011 (not 2021/2011)
NicetoMichu: Sorry, that I can't offer a pantomime alias; but I'm with you.
Been around since 2010 and missed the sale of my 70K shares when the sp (unjustifiably) rose to £2.10 in 2021/2011.
The "30 ish journey " you mention started in Dec. 2016 and continued thru to February 2017 - when the sp reached 35p (the historical charts say 37p). Unfortunately, I missed that one too.
Consequently, I'm here to stay until the sp reaches a price which justifies a sale.
ATB
"I've been in here for longer than most"
"I have more shares than most"
😴😴😴😴🥱
Seen this statement a few times, what do you know about that? I have been here in/out for many years too and hold millions of shares, but never used to comment on this board 🙂
As a poster with zero content and pantomime logic as a rule here, it's clear to me that finding poster(s) with good content and strong logic is important for me here .... and WOS has good content and strong logic imho.. so I do listen to him.. and a few others here too, including a milder bear or two.. and, in the round, I'm confident that LP will be granted here sooner or later.
But with v1 drill upon us, timing is important to some here .. eg me as I see a trading aspect to parts of all my AIM plays .. v1 duster and still no LP dropped and I can see this in 2's p.. and a chance for me to average down - from 4p - my smallish remaining - core holding - here, even if LP drops in coming few days/weeks... I still have that smallish core holding at 4p as a base to add to and if I have to add back early that morning at 6p or 7p then my overall average will still be 5 or 6p which is fine by me if this goes to 10 or 15 p over a day or threes heavy buying..
PS; I've actually been in this for longer than many here - I just post when it comes back 'in play ' - starting with that amazing 30p ish journey in 2015/16 ish.. and it's now about my 5th time round range trading this doggy/puppy...I've never had more than 10k gbp bet in play and never less than 3k bet in play here in that time.. not a big bet for me as I've see it as highly speculative, even in the AIM O&G space...thankfully, I've been very fortunate with this one so far.... that fortune much needed though as I've had my fair share of O&G dog bets too.. and the range trading I talk about here, applied generally to the 40 ish O&g names I've been in in the last 8 years has generally been a crucial thing for me staying ahead in this brutal game.. and AIM O&G feels more and more about trading than buying and holding to me as those 8 years have gone by, whether people like that or not.
Good luck to all fellow holders/posters.. whatever their flavour
PS: Please keep the great pantomime aliases coming .. Brazil Bum Bum the latest gem !
Mb is useless at keeping his investors informed. We have to do all the research.
I thought he was on to it when he posted the pictures on twitter last week.
Lets hope he continues with updates on twitter.
I think the interesting bit is the no news around the spudding f of V1. I was expecting a raft of news around the equipment the team timescales depth etc etc and yet we have had very very little. Either MB has changed his mind and forgotten to tell us or i think more likely he knows the LP is imminent and is delaying everything for that to arrive. He knows what would happen if the failed at V1 and were still waiting for the LP and is expecting this to arrive very shortly. Better not wait too long because the equipment is due else where not to mention it hanging around on a daily basis.
I think we all need to chill! As the discussion is going around in circles so many times now. How ever long this is going to take if we ever get there, we all have no choice but to wait patiently or not you have no choice, so just wait!
AI investor do your best deramping, looks like everything you say is fact 😂 you 🤡
Its all manipulated. How can you buy at 4.13 when no one has sold below that price in recent days.
How is that possible.
Plenty of buys no sells and you can buy large amounts at the lowest price.
No sign of lp fact
No sign of us being discussed at meetings fact
Hopefully the share price will hold up on anticipation of V1 spud and follow up news, if no SPC RNS next week.
(... btw I'm not expecting to see the cabinet's SPC decision RNS until end July/August).
Https://montsame.mn/en/read/297486 this timescale is possibly the larger plan. PM wells will feed the refinery for domestic uses as oil currently tankered via road to china for refining then imported for domestic use, expensive, and goal is self sustainability and exports. PM ENERGY will maybe provide power to run refinery processes and Ulaanbaatar power grid from renewables to appease eco warriors and advance society. This initative and the use of electric vehicles in the capital to reduce pollution is i see as part of the big picture. That is probably part of the bigger picture. Refinery and pipeline are 2 years out so maybe MG not in any rush to obtain oil yet. Maybe this is developing into a longer term investment than expected.
We are going to assist with green energy millions of Solar Panels ....Getting Unreal
LP landing is massive news as you can see everyone is basing everything in this, so that come t no less then 12p or more when it does arrive
Current share price will correct itself once the derampers get in, so fill your boots while you can
Easy 200% incoming either next week or some point this month,
Either your ok n or out
This will take off all of a sudden, trades and sideliners will be back in,
Tomorow fomo cold kick in and rocket the share price
Mongolia plans to increase direct foreign investment to $4 billion in 2024
June 7, 2023 (AKIPRESS.COM) - The Mongolian government aims to create a mechanism to attract and protect investments and increase foreign direct investment to $4 billion in 2024.
Mongolia signed an Economic Partnership Agreement with Japan in 2016 as part of the Mongolian Development Plan 2024 on increasing investment.
The Economic Partnership Agreement with the Republic of Korea, the Free Trade Agreement with China, and the Investment Promotion and Mutual Protection Agreement with the three countries will be extended next year.
In addition, it is planned to launch a comprehensive airborne geophysical exploration using modern advanced technologies, increase the coverage area by up to 20%, and increase investment in the mining sector.
Foreign direct investment has reached $2.5 billion by 2022. 20.7% of energy was imported last year. The Ministry of Economy noted that it is important to make the energy sector cost-effective, fully satisfy domestic needs, create basic conditions for exports, introduce free zones into economic circulation and attract investments.
Something doesn’t add up?
As all can see better to use INVESTOR LOGIC and not WALNUT logic lol
Do not get upset I say this as joke but point is serious one please.
Lot if talk on BB do not make sense. Govt if Mongolia will NOT sacrifice all development plan for economy with Vision 2050, New Vision, anti- corruption year 2023. This is economy if whole if Mongolia with over 90% GDP from Mining product which is foreign investor base
Just to get hand on Heron oil field!!!
This is BB logic NOT sensible investor thinking.
Some say V1 drill never should happen before LP. It happen because company CONFIDENT of land access AND must book rig with all decision in advance.
BB logic say just SMS drilling company & say "get drill ready now because is good day to drill" lol
People say "delays from past" but have been told MANY MANY time control now go to Cabinet from local Govt and why Special Certification now (and under Project if National Importance).
Mr Mike Buck is master strategist with all different pieces he put together to build Multi Factor Energy Company to increase shareholder value. Just look at all meetings with Foreign Govt in last 6 week & even Elon Musk few day ago.
VERY BIG THING HAPPENING IN MONGOLIA & PETRO MATAD (and Shareholders) WILL BE PART OF IT
This is why serious investor have no time for Drama Queen logic tantrum or Walnut brain logic (lol).
Must use serious INVESTOR LOGIC.
I go to our to enjoy sunshine today. My investment is safe & should multiply. Everyone do whatever want but think lot also know loud one who talk share down are same one who get ready to BUY ;)
8 issue mention from 40 in update and poster say "sadly no mention" Lol
WOS 🚀