Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Untrue & like I say will stick to investment discussion only.
Disrupted BB does not serve purpose of real investor & even I have fall into this trap.
All know does not serve purpose of real investor to fall for this plan by disruptor so
Investment talk or NO TALK ;)
Wos can your clarify, this is your third account and previous two were serial rampers who led many investors into diaster.
What were there names, magnus something and another one
Okay
Like I say my money my investment. Your money your investment
Be happy sir :)
WOS //My estimate is triple digit SP//
Quite a few on this BB claim (I believe them) to have millions of shares. To believe that PM is going to create multiple millionaires for doing nothing more than investing a few quid is truly cloud cuckoo land. hoot hoot!
Minister of Foreign Affairs meet with His Highness Prince Faisal of Saudi Arabia to discuss investment including Mining & Energy.
Like I say look at bigger picture & all meeting with major foreign power recently to attract investment into Mongolia.
With IOM partnership with Govt & Renewable JV Petro Matad have strategic position as player in all this.
This why I accumulate stock & without emotion ;)
V1 Drill - Think most people expect will be price move up into drill (will explain LP later in post). Yes is exploration drill BUT in Taats Basin with proven WORKING PETROLEUM SYSTEM and EXCELLENT OIL SOURCE ROCK. Is this 100% guarantee of strike? No but it look VERY good for this & Oviraptor / Tsagaanraptor next door with V2 ready to drill.
Lot of people who want to derisk already did with 25% price drop. Now look like price stable & ready to start to rise into V1 operations. Do people really think won't RISE next few weeks?
IOM Meeting - Already company say was to do with NEW BLOCKS and no doubt PSC part of process so no direct misleading lol. But read between line & high power representative IN PERSON at incorporation office. Already have said discussion on Block from phase 1 & look at other blocks. Also know Petro Matad Energy Ltd set up. This just confirm (to me) what I say before about new Partnership with Mongol Govt working TOGETHER to exploit Mongol Oil asset. This is HUGE especially with Mongolia potential NEW SAUDI ARABIA with Petro Matad as close partner and thank you again mr Master for finding this first.
LP - Mongol Govt serious about this I see from cold logic or would not go through Special Certifucation but leave at local level. RNS on Monday tell us is now with Ministry of Construction & Urban Development BUT did not tell us WHEN this happen. I think Monday RNS rush out for good reason which I explain but think this could happen some weeks ago. I think reasonable to say Ministries not change position from submission before & think process to Cabinet submission may be very quick & surprise people. Think will be well before V1 result in Mid July. This is my opinion & take or leave but did have confidence enough myself to buy more. My money my decision :)
People say mr Buck should do more Twitter /Social Media and agree 100%. But also give me confidence he do not like other CEO who desperate to push company & deliver nothing.
Mr Buck very confident to get job done & does not think he need this when he know will deliver result. Do not agree with this but because am here for triple digit SP growth do not really care.
I did send email to him last week to say he should explain about IOM meeting AND he promise to announce Pre-Spud preparation.
Think this cause comlanybto rush out "read between the line" RNS on IOM & progress on LP which like I say could have transfer to other Ministry weeks ago.
Look like VERY exciting time for Petro Matad & all shareholder now. VERY EXCITING if you can see what happening.
All money all decision own BUT can see price will rise through V1 operations & LP RNS will surprise lot if people waiting I think.
I hold safe, did add more & expect VERY good time for all other holder.
First will agree with mr Condor man & other. Do not have time for paid ramper / deramper discussion. ONLY have time for focus on INVESTMENT.
My estimate is triple digit SP & what other people get emotional about on BB actually give me MORE confidence for company to achieve this.
Seperate LOGICAL / UNEMOTIONAL investor from REACTIVE / EMOTIONAL one.
I do not single out poster so do not vebuiset anyone please.
When placing which mr Mike Buck & Petrovis did buy into I say "do not like price BUT new development take us ALL closer to triple digit SP goal". Did not worry short term price move because goal is MUCH MORE then few penny move.
Monday RNS same and VERY exciting because look like it confirm what I say all along ("reading between line is not difficult").
Now I explain what I think
IMO "Read Between The Lines" previous RNS says it all. AIMO DYOR
Just a bit of China/ Mongolia trade relations
https://www.scmp.com/economy/china-economy/article/3221569/mongolia-nudges-china-increase-investments-time-not-just-mining-how-about-goats-too
That is not just very bad but crazy idea. Knowing perfectly well that we are dealing with cheaters we must stop playing their dirty games. And not sit down at the table trying to win, especially knowing that all of their cards have been labeled. Only our most stringent requirements for these scammers and specific actions to bring them to justice can make them fulfil their promises and lead to some positive results. Everything else is utopia!
I think people should calm down and not stress, let's go by the RNS, hopefully land development get this submitted in the next few weeks and LP get granted a week after,
We can come to why and what when and if it doesn't materialise, and ask questions then, because currently everyone is just assuming,
Buck is not out to ripp anyone off, some people on here have a wild imagination, nothing on aim goes to as planned if it did everyone would retire, the whole county would retire lol
Master - Trucking oil out over "someone else's" land on a regular basis is surely quite a different situation?
IMO we don't want a temporary permit which could potentially get revoked once we have set up business. We need clarity. This licence needs to go through whatever hoops are required.
Just like 2019 when heron was allowed to be completed.
Temporary permit? What?!
How can you provide a temporary permit? Its either granted special purpose certification... or it isn't.
They can hardly grant a temporary permit then remove it can they!
I agree with master, some temporary permits does the trick and MB shouldn't be shy.
Wasting another year is very bad idea. How many of those another year has past! 4 years.
In the long and rocky road that is the Petro Matad story the company has never been in a better place
About to do what AIM listed Oil Explorers are supposed to do: drill for oil and progressing, albeit slowly, the permitting to commence oil production from Heron.
If you'd been offered that at any stage over the last 5 years you'd have 'snapped their hand off'.
And yet here we are.
Worst case. They drill dust and the Heron Permit comes next year with another Fund Raise in-between.
Can't see it myself. It'll happen this year.
MB needs to ask for temporary permission whilst paperwork is being looked at. He can't waste another year not making money.
Hopefully 4 to 6 weeks I predict for paperwork to be submitted to cabinet. Or maybe weeks if paperwork is already looked at .
How many agencies are involved . Mrpam , construction and environment .
Anyone think of any other agencies that could be involved
Of course It makes sense.
The politicians are populist and they aren't very popular! So they hate doing anything that might further upset their rather angry electorate. Add that a lot of Mongolians seem stuck mentally in some mythical Mongolian Empire fantasy story are, xenophobic and are resource nationalist.... its a bit tricky!
So of course, the central govt politicians wanted the locals to agree it and of course they now need to show that they have tested us to the nth degree before they agree - or else they will be accused of selling out to foreigners .
So they are dotting all the i's and crossing all the t' so they can't be accused of corruption, selling out etc. I still believe it will come... when they are good and ready.
Doc, I am just thinking how come locals can let us do explotation technically with no ministries reviews.
But government needs all the reviews! Doesn't make sense, does it?
MB is playing his and seek, why? Why can't we have good news if there is any?
Yes, I will change my mind if we don't get LP in the next RNS.
Doc, Yes LP=20p+.
No LP we are in trouble.
I reckon you can read my handwriting!
Hamm, seriously! You have changed your tune in recent days.
What happened to “LP = 20p, hold on to your golden shares!”?!
RICHARD, Starting with no LP secured would be a bad idea.
I don't understand why we shareholders need to beg for information from MB.
He was good at dropping 2 nasty RNS raising money, but mute and shy asking MG for LP!
Why can't he go to that bllllllooodddy MM and telling and reminding him of his promise?
Why should we wait 4 years and still waiting?
V1,V2 200m 1000m barrels of oil doesn't make any difference if we don't get LP.
Please don't tell me we already have one in that area.
I am sure they can find another excuse too.
Why do we need all the reviews for LP but locals can give the LP with no permission from MG about that.
Just hear me. Local can give MATD LP and that doesn't require MM, but if MG wants to give us LP they need a thorough reviews!
Do you really buy that?
Time for mb to start answering question. He just hides away from any oversight.
"It should recover but MB is not fit for this job. Why give an RNS with nothing new for the market."...
Looks like some investors who have not lost the ability to think but are entangled in the lies that the fraudster MB has been continuously pouring on their heads, are starting wake up. And this will benefit all but only if such become the majority. And will begin to act and demand from this whole Genginskhan gang of corrupt bureaucrats and the British highly calibrated swindler to reckon with their opinion. This gang should know and start to fear that investors will appeal to SFO and prove the brazen theft of their investments. Which can not only bring them to criminal responsibility, but force to return everything they have stolen.
Good news good news sandwich you be lucky all he has ever given us is a bull sh*t sandwich time after time