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1p s/p predictions here is pant down / pull out small number....
1p like 1 inch number..... 10p like 10 inch number ..etc .. Sir
Wise Owl predict 15p soon, Sir .. And he always keeps pant up to support his big number, Sir !
This is now sliding quicker than Wise Owls grammar.
There seems no end to it at the moment.
I’d be amazed if this isn’t closer to sub 4p than 4.5p by next Monday
Sometime the SP really confuses me. We have 2.5m more buys than sell but SP is down 9.4% unless there was some very late activity after the bell.
If you want an object lesson on how things can go for raw materials explorers (who found what they were looking for!) in these parts of the world maybe check the history of AMC. Huge find / 10 + bagger / now gone bust.
Its just on constant repeat with simply no insight or accountability...
Wise owl speak
Today 07.27
RE: Todays meeting
Think mr Bad prophet be first one run to BUY button this morning lol.
This is problem you have in this situation when news finally look like coming & you have been caught with pant down & no share ;)
Cabinet Meeting Wednesday
Ulaambatar +8hr ahead of GMT
Maybe people wake up & Buy back in tomorrow. You take chance to be out if you want up to you. Be happy :)
Not sure who make prediction of 1p mr Cashrule lol
In this situation better look at research note then BB poster who pull out number.
Progressive report say around 28p WITHOUT Velocirapror so even you don't agree with Progressive estimate think much better research then 1p ;)
Also this with LP and like poster say Mongol Govt will be mad to not grant this. Do not even think deramper believe this but just part of game they play on BB lol
Nothing change & expect LP very soon because MMHI was ready to submit before transfer to Ministry of Urban Development. Can see took few week for that process.
Do not think take long now but people can believe who they want. My holding here for full Energy company development. I have good idea how close Petro Matad work with Govt & IOM meeting should show this.
Be happy & well research :)
Master82: I guess b/p's point re "are you prepared to lose everything you have invested?" clearly goes in that direction.
Looks like b/p doesn't know how many years PM has been around and how many hurdles this company has had to take to get this far. Nobody needs to feel sorry for me. I pity all those who bad mouth this company just because their walnut sized brains (thx WOS!) are unable to grasp and understand that things in a young country as Mongolia don't always function as well as in other established countries with stock exchanges.
I really wish the posters on this BB could display more tolerance.
ATB
I agree100% if we dont get LP before spud/ RNS expect 1p or lower.
However seems some guys are ok with that!
Yes, we have been saying this since the turn of the year. If the LP hadn’t dropped before the Raptor spud then this would become more of gamble than investment. Think predictions back then were sub 1p should we strike dust on the raptor without the LP.
//As for placings - all scare mongering//?
Watch this space!
Personally I think drop today is people cutting risk, it’s fast become, short term at least, oil strike or major share drop after the latest Land permit debacle .
Must admit I thought of doing it myself.
However similar to Master82, I’m gonna hold out for LP as I think it will come by October…..maybe sooner.
As for placings and company disappearing all scare mongering…..MG would get no foreign investment or take up of latest licences if they don’t issue our LP.
Imo my risks still the same as when I bought them and still up for now.
Dick - thanks for your comments - such a recommendation from you is high praise indeed!
(PS - when did your suspension end?)
People are talking like the company is about to go under.
Relax. Another delay is not end of PM.
Look at prem some delays and share plummeted now back on to recovery.
I feel sorry for you Ojay.
You appear to have been invested here too deep for too long, hanging on with uncritical faith to every word of every self appointed bb ramp "leader" (e.g. WOS, Fair Analyst etc that turns up then usually dissappears without trace), and showing increasingly snappy bitter attitude towards those that dare question the sanctity of the divine story.
Savvy investor you are not.
B/p: Welcome to the world of investing - I don't believe investors need your helping hand; it appears you consider them to be fairly naive.
I'm not here to trick anyone - are you?
//Do you want to participate in that success? //
Should add "or are you prepared to lose everything you have invested?"
Ojay - stop ramping!
Wasn’t expecting this today.. It will be interesting to see the response tomorrow
Whatever you investors do: Do it with conviction - and not based on any of the stuff you read on this BB. If you're a savvy investor, you'll be able to distinguish between valuable information and garbage.
All of the other jibberish on this BB has abolutely no value.
Judge for yourself: Does PM have the potential to become a bigger or even great winner going forward and consequently making
1. the company
2. the investors
3. (maybe) the country
extremely successful?
Do you want to participate in that success? As WOS correctly says: Buy, hold or sell - it's your decision.
I wish you - and particularly myself - all the best!
We will know by friday what has happened in cabinet meeting.
Construction ministry submitting oil pipeline paperwork to cabinet .
Mr master should be Wednesday :)
Wos when is the next cabinet meeting
Buy hold sell no problem
Nothing change & Special Certifucation will go before Cabinet for signature.
When it dies open price will be more then any drop & large derisking alreasy happen. One who wait for full company development does not care anyway about short time price move.
Like header
Buy hold sell who care be happy :)
Doc, 40% drop needs nearly 70% to go up to get us where we where.
End goal is to see PM producing oil and then I will exit. 10p offload some .
Lp is coming. Weather its this year or next I'm not fussed.
I know todays meeting was to do with PM and paperwork will be submitted to the cabinet.
Like i said they are not going to mention all the 26 companies that was on agenda today either.