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DOC AND AI.
I still don't understand what your views are on PM..
You are invested yet you think its going down because no LP has been granted .
I have made money from matd , yep.
Do i have a lot less invested than you guys, yep
Are you still clowns yep
BOOOOM
Mocking AI because he has 200k holding and doesn't have a clue what's going on .
He us just like you DoC changes with the wind.
One minute great investment next minute worst investment ever . Its all going down.
We've worked you boys out.
You've only been here for few months and making all that racket without anything to back you're nonsense.
@C and C.
I fully understand the point you are making. The issue is most here have bought this circa 3- 3.5 p .
Now if the return is not brilliant but better than the current sp what have they got to lose??
Most are sitting on a profit margin and if they cant see any progress or any further indication of movement in the right direction than they might jump the ride. Until than this is looking very interesting as an investment with all the moves in the background.
"There is risk in everything."
Not according to some on here. If I had £1 for every time someone "guaranteed" something...
Also, very cringeworthy reading people on here mocking AI for having 'just' 200k shares. It's all relative and £10k to some is a lot of money. Somehow, this board managed to lower itself even further.
I think AIM is a Casino if you invest in Casino style hit or miss companys?
Mr Buck strikes me as a very capable and honest CEO and that's a good place to start when investing.
The company has a clear strategic plan as to what it's trying to achieve and the Mongolian Government appear to be supportive and partners in what they're trying to achieve.
Most of the doubt RE oil exploration has gone with the Heron Field so they're 95% of the way being a transformed company with the Share Price in no way reflecting this, largely due to past experience over many years I suspect.
But the causes for that appear to be being resolved. Believe it or not but if you do believe it the logic follows that you should invest whilst this disconnect persists?
Have a nice day and I try to avoid personal insults.
Many thanks for this constructive interaction!
Thanks Thornog for responding to part 1 as that is what I also believe would happen and the answer to question 2 is the share price would dilute/drop
I hope not
But no to rose tinted glasses in this household. AIM as we know is a casino so better slightly better odds than the lottery.
//Maybe some of the population are happier riding horses, herding yaks & hunting with eagles than they would be cruising about in 4X4s and idling their time away.//
If they wanted to do that then they might as well not build the billion dollar refinery.
What ifs, lol, what if I win the lottery I won't need matd shares anymore that's for sure, but LP is coming if it takes longer it's takes longer but the share price will reflect it, so I think certain people need to just take a chill pill and relax and apply a little patience and not get worked up on others opinions, if some one wants to be pro let them, maybe that helps with the time go by till news drops,
As a poster here's says which is so true, BE HAPPY!
all poor countries are full of corruption that why they are poor.
if you have accountability and rule of law then it wont be poor.
just look at africa india ****stan bangladesh.
south america.
few make money and majority are poor.
//Mongolia call sell all raw materials and bring dollars in which can make them all very rich considering very small population.//
Maybe some of the population are happier riding horses, herding yaks & hunting with eagles than they would be cruising about in 4X4s and idling their time away.
Another fund raise or loan as previously arranged by their Mongolian partner.
I believe that's what happens usually.
More time, more dilution and ultimately the returns wouldn't be as good, but they would be good.
I'm not sure sitting out in case that eventuality unfolds warrants the risk of potentially missing the very large near term upside that exists if the Mongolian Government actually mean what they say.
Either way a win/win but the upside is much better if you're in now I think?
Thornog Im not suggesting that PM never get the LP/SP
For the sake of clarity, what if it doesn't get issued in the next 6 months and Velo doesn't produce a commercial find (COS 20%) then
1. Where is our income stream?
2. Where will the share price go?
Oh - BTW WOS has your "deep research" determined whether or not PM WAS discussed at the recent cabinet meeting? (sorry can't find it myself)
IF people want to follow news on Mongolia. Parliament /mining/ environmental and other departments just follow Facebook.
You will realise lots happening this year since the February /March.
Mongolia wants to attract foreign investment and want to take its debt down which is only around 6bl not a lot compared to western countries.
A country is only successful when there are foreign investment coming in and dollars are moving in the country rather than out.
Mongolia call sell all raw materials and bring dollars in which can make them all very rich considering very small population.
Point is no country would want to loose trust from foreign investors.
Clearly if the Mongolian Government are corrupt and simply stringing Petro Matad along so that they can't produce oil for the oil refinery that they are building then we ought to be worried.
But perhaps not as worried as the Mongolian Tax Payer who's funding an oil refinery that the Government never intend to use?
But what about a direct answer to the points 1 and 2 below guys?
The not too a remote possibility scenario is that there is a continued/unexplained delay in receiving the LP/SPC and that Velo returns a duster or not not commercial... if so
1. Where is our income stream in this scenario?
2. Where does the share price go in this scenario?
Thanks
Everything have change with this new Cabinet from change law to favour foreign investor to law change to imprison one who obstruct this to learn English in school
Anyone who do even BASIC research will see how Govt have change to be VERY PRO BUSINESS / FOREIGN INVESTMENT
But this take research to see in clear way & some people to lazy to do this & why misleaders can do their tricks.
I go do other thing today but invest or not does not matter.
If you want to build big investment Weanie must understand RESEARCH EVERYTHING
Be happy with big weanie :)
//CaC the Misleader//
Pointing out different *possible" scenarios is not misleading. But folks with blinkers on just refuse to admit to those possibilities.
And you are
Ni.1 'Little Weanie' sir
Be happy & good investor :)
So it really comes down to whether you trust what the Mongolian Government say?
If you do then clearly you should invest with confidence and if not you should invest elsewhere?
I think we've seen lots of evidence that the Mongolian Government are sincere in trying to encourage companies like Petro Matad to develop their mineral resources and are doing all that they can to make the legislative landscape as helpful as possible to achieve this.
I'm happy it's coming.
Clown ranking 19th may
1 WiseOwlSpeaks - remains number 1. Very delusional spammer and maybe needs help.
2 iamrich . Side kick to wise owl, many predictions every day, always wrong.
3 thor, moves up table to number three. Predicts a lot more and even crazier than before
4 bigbench delusional ramper who cant understand why not double figures.
New clown ranking update.
In the rest of Mongolia other companies are not facing problems like PM.
Its just the local government being awkward.
Welllets hope that LP lands soon, I think we all want the LP to land right so we will be in the money?
Don't worry about the LP. If the government don't give us the LP, they have lot more to loose than PM.
It will be seen as a country where you can not invest.
Unlucky for PM is that PC messed it up in dorno province by breaking the rules.
PM is literally in the same field so I can't see how its an environmental issue when PM haven't been given a chance.
In the Rest of the country