Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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With the long weekend fast approaching it would not surprise me if this afternoon we turn blue.Already more buys than sales compared to previous days and by the time the market opens again on Tuesday we are a week closer to positive announcements being made.
...here recently, I see from looking in today...
...Richard Smallwood , WOS and Doc bang at it recently .. to name but a few cast member.. and Helmut Shiner come on down and join the cast here too, please....
PS: The entertainment value of this board was, alas, not enough to stop me selling down a fair chunk of my bet here in 6's and 5's p recently.. I may regret that, I get .. but my average is in the 3'sp and a profit is a profit etc...also I see half a chance I'll get to add chunks back in the 3's p later in summer now... maybe...and longterm holders wouldnt mind 3's here again as any such weakness would be just more noise on the road to eventual Matd greatness, I guess .. indeed any further weaknessin lower 4's higher 3's p etc- IF it were to occur.. it may not of course.. - would be a great topping up opportunity for the staunch believers here ?
For anyone who doesn't have Facebook cheers Dozzawba https://www.mongolianminingjournal.com/ GLA
CRAZY that they want to industrial revolution in Mongolia and they can't make heir pen pushers go any faster.
Hopefully they won't waste this year.
Not to worry just managed
What does it say I can't access it cheers
Last paragraph is of interest
https://www.facebook.com/100069288996516/posts/pfbid0G2yvbxKQM5eRfJPPJGzFxWCqAhzTasDacKNkCwsT7EuaFieQUwtM3RFCn88372Htl/
Another day. No news. Bb full of garbage. Proceed 😀
“LP UPDATE - Before this ”
Update, but not necessarily the LP?
It’s way more than that, goes back years to when he was ramping this on the BPC board. Writing like a native american in a 60s western is a new twist though.
SPUD RNS - 2 Week
LP UPDATE - Before this
Imo & with good reason
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!