Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The inference that if GoM doesn't "do right" by PM then other companies won't invest in Mongolia is a fallacy. Companies will go there because there's resources to be exploited. They'll just make sure they have a cast iron agreement.
Manro there is no law and it's not criminal to drill another exploration well before getting permit to sell on another well lol, you might like as your looking for security here, but look at what's going on and the fact the Mongolian government have just created another energy company with matd, that alone to me says the LP is guaranteed or else no one will invest in Mongolia and say good bye to the all new licenses they are or have tendered out,
Let's not start to draw up our own coonclsuions and just wait, most of the time on aim all we see is people constantly ignoring company news and RNS and putting forward their on theory's and get guess what they are always wrong but dissapear and no one's there to pull them up on it
Manro so you and your contact had information that lp was going to be signed and both took large positions which since have gone up? So why not sell these positions and bank the profit if your now think it's all a scam? Gla holders regards jack
Hello, everyone..... what ever your thinking"?..... just remember the following:
1. MG is in effort to build on the credibility of forign sentiment to invest in Mongolia"!.
2. MG refinery is set for operations in 2025.
So MB and MG are not going to "screw any investors out of there positions", Very simple,.... rather the MG is doing everything to bring it's goal forward", that is to make Mongolia a very attractive investment opertunity for mineral reasurch with "Forign companies" and forign investors.
the water in the pot" is starting to get hotter", i can see the bubbles in the water"!..... soon the water will starts to boil"... and our SP" ... is going to go -up"!.... more than all of us could have ever expected"
Happy Day all"..
Jack, yes I did it because couple of weeks early I received a very promising message about signing LP and share price starts rise steadily. But its turned out to be just another rumour, which apparently was specially launched by someone directly from the company. For the source from which I received the initial information is very reliable and who was also suffered too making a very large addition to his already big holdings. So the only factor that can convince me now that the company can have any future is whether it gets a LP and starts drilling Heron before Raptor. If this does not happen, then this is a 100% fraudulent company and everyone who participated in its creation and management are criminals whom we must bring to justice. Otherwise, everyone invested in this company and lost money will turn out to be nothing more than humble sheep.
Ibiza if true I see it as a positive mood someone with experience of dealing with foreigners and in addition central government experience to whip the locals into shape
Hamm - it reads like you might just be preparing to flop back to the dark side!
Re all this continuing “LP any day now”, this has been said for 6 months. I’ve been vocal about how frustrating it has been, but really it does need to happen soon or at the very least MB needs to deliver some other good news. All we’ve had from him in the last year was a false promise from the mining minister about “1-3 months for LP” and a request for more cash from shareholders.
Time to deliver some tangible and actual good news.
Agreed Sir Bob. It would be unethical not to release an RNS setting out the position relation to the special licence for Heron prior to the raptor spudding taking place. Many investors would wish to top slice their investment if the special licence is not granted prior to spudding raptor. This is on the grounds that the raptor drill is high risk and investors will want to protect their principal investment. I know you hold a high volume of shares just like me and need to make an investment decision based on risk.
Delay spud date RNS is that MB is waiting to secure LP. LP is the catalyst.
He knows and we know LP needs to be granted to make investors secured.
Next week is very important to see if we finally get LP with no more drama.
Sounds there are lots have been happening but regardless we need LP asap.
Guys I am pretty sure we get it sooner than later hopefully next week.
Enjoy your Sunday guys
Next week we approach June and Mr B is surely going to have to release an RNS About impending drill.
So either this week coming or early the following.
This RNS is crucial for investors as if no concrete news on LP is in it, investors need to choose whether to sell up prior to drill, as share price will drop if a duster or just sit and wait in hope of LP in future and take the ‘ride’ with the share price .
We may still have further to go on pre drill rise, we may not……so decisions for investors are imminent.
I just hope Mr B is finally going to deliver a block buster of an RNS……with the top billing being the LP….
I really see this move of Solongo as positive for us.
Either Solongo has been a naughty boy in speaking out of line and he is being sent to the corner of Dornod Province as penance.
Or: He is being sent there to weed out the corruption that is obviously there and to get in line with Government thinking and plans.
OR He is being sent there not just to weed out the corruption etc as mentioned above but that Dornod province is about to become the next hot ticket in oil and other energies. As an experienced Foreign secretary he would be used to having to deal with foreign governments and companies and his role would be to move this province in line and keep all the players in line including PC . Especially if Dornod becomes the next big oil area of the world especially if Raptor and other areas needing exploring come up trumps.
This could be massive but also it might just be a bad boy being sent to the corner. Somehow i doubt and favour the last option. GLA
Looks like the government is changing up people in power that don't listen to them lol, good news for us,
Horsers. I just saw the activist's fb post too... intriguing
That FB protestor is asking if it's true that the foreign affairs minister Solongo is becoming governor of Dornod Province
Yeah manros been in MATD for years doing this, trades it and blows like the wind,
LP anytime folks and with velociraptor and other big news to land this is going to multibag!
Manro is - still - a basket case. Nuff said.
Manro on the 3rd of April you were pushing matd on other boards as an excellent investment on the 15th April talking about velociraptor being drilled as a fraud what changed? Sold out did you talking your book. Gla holders regards jack
Ojay, I didn't expect any other respond from you. You're happy as you don't realise how unhappy you are. I don't wish you any bad and would like to be wrong in my very negative assumptions about the PM. But, you clearly do not understand how much valuable time and possible profit you have already lost. Instead of a sober look and an objective assessment of the company's management, you subjected yourself to some kind of religious admiration and blind faith to all these swindlers - MB and his predecessors. Such faith and admiration usually ends badly. So, you and all of us who had the misfortune to invest in such a crap company, going to be very lucky if we can get out from it without any further fraudulent deals and even bigger losses.
I'll go as far as re-iterating my point:
There's no doubt that Mike Buck is capable or digging deep and pulling out a large one.
Clearly, not the time to be caught with Pant(s) down, Sir(s) !
Mike Buck is no two Buck Chuck.. so best not be caught with pant(s) down when he make(s) big announcement.. leaving those on sidelines saying oh +uck..
Manro - maybe you could say that in a way I can understand. Once done, I will gladly respond.
I recon Mongolia has become very important as it is not explored at large levels.
Lot of resources used to come from Russia to west. But since the war Mongolia has become hot spot for companies/countries wanting to come and explore.
Mongolia has corruption hence the new laws to make it harder by digitization.
Mongolia has vast land mass and has resources which can make the small population very rich like Qatar .
I can't see how Mongolia is going yo refuse the LP and not turn the taps on at Heron. It will surely stop many companies from entering Mongolia hence the LP is a guarantee .
Last week cabinet meeting had oil companies on agenda . The minister responsible for mining was also in Parliament discussing projects .
Next couple of weeks will be crucial for SP movement as new info and block 5 update from MB will be provided .
ojay, if you have such great logic why you are in such a **** situation for more than a dozen years, when you have lost your precious time and huge amount of money? nevertheless, you dutifully endure, and even perceive it as a good stuff. if it is good stuff then what else should happen to you so that you could be admit that you are sitting in ****? and you need to do something and not just sell and give up as sheep?
When i worked as an accountant i used to love JV's especially where it was one where we provided the services as it was an extremely good way to cross charge over (legitimately) some of our over heads. That way increasing our bottom line. At the moment makes little difference but might come extremely important for us down the line.
Some of these guys must have been cheated on by their Mrs and depressed, hence why they must be being lead on by the CEO of matd they can't accept a good thing,
Shocking, please let's have owl back on here any day, I'm started get depressed too lol, master82, Hamm, Jimi, dowzzaba where are the sense talking people gone