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With the idea of carbon credits being banded around by the WEF and most governments around the world.....It would be a great idea to set off your new oil/petrol production from your refinery against your renewable energy to put forward a balanced energy plan going forward...IOIMO
Can someone please make this make sense.
Statement : this will multi bag in june. Is somehow not ramping but a valid prediction.
Statement : i could see a slump back to 4. Is deramping and posting rubbish.
The only rubbish i can see if rampers opinions
AI investor please stop trying to wind people up here and stop posting rubbish please, or else people here wil start reporting you again, behave and stop deramping
June this will multi bag
Velociraptor on way
LP on way
Max 3-4 weeks for boom posts to appear
Al-Investor deramper/speculating yet again 💩after telling others not to do so "I could see a slump back to 4 on the horizon"
Ojay - as a LTH, you well know that Hamm was the biggest negative nellie on MATD in 2022. For the last 5-6 months, he has been super positive. Now, the last few days he is turning back!
I could see a slump back to 4 on the horizon
I think a joke about star wars shouldnt be taken literally ojay
Negeative, dark side????
I thought you were the "balanced bunch"?????
Curious, what else does "paper work completed" means? I really don't think they can say its completed, completed means ready for submission, the older RNS makes it clear that MMHI was preparing paper work to be circulated and once completed will be submitted to cabinet
I think we both understand the RNS differently,
Yes normally you would need an income stream, a business plan budget and some security to secure the asset and maybe that is why the PM of Mongolia, the Ambassador of Mongolia to Uk and MPRAM were all in that meeting to give the full support of Mongolian govt for the loan. I would guess that things become slightly different when the govt is one of the parties to the deal.
Edit post of 10.16
Iamrich. Thank you for emailing the company to enquire when the matter transferred...
However, your post of 20.16 is pure conjecture. "Paperwork completed" does not infer that it was read AND considered AND agreed by ALL departments. We simply don't know how far the process progressed after the paperwork was completed and distributed before the matter got pulled and transfered to another department to manage.
E.g. I completed all paperwork on a project last week, I've now submitted it for consideration and diaried to chase in one month for an update them push for a meeting to discuss after that.
Hamm welcome back to the dark side
Hamm - it is now confirmed. You have 100% flopped back to negative!
"Please guys tell me what achievements have we got in the last 4 years? Apart from raising money twice!"
"I agree, but that news must include LP granted or it would be another crash I am afraid!"
"I think MB should go to MM and reminds him 1 to 2 months LP promise!
Now 8 months gone since then. MM should give us a written deadline.
It is kind of blackmailing to me. As I sai national importance might have different interpretations.
Facilitate the process or delay the process!
MB needs to wake up."
I think it's best to wait to find out more on this IOM meeting, one thing's for sure it will add to our share price, it will be separate maybe JVd with the MG and other JVs and all done under financing possibly,
But another bit of business to help matd become more involved in Mongolia as well as grow as a business, once we have heron on production and have all the wells up and running matd will be in the money big time, drilling and proving up more and more,
Long term this is looking good, and this is why I think the institutions will be getting in board after the LP gets granted, the LP is major for matd.
Vikinglass, also to note that land development are repeating the process and other ministries to comment, so that means there was no issues on the last round as the paper work was completed,
They may have taken time with comments and certain things that went back and forth making it take longer or a month, but now all the ministries will do is just comment sign and return, so shouldn't take long realistically
Here's hoping this gets through cabinet before velociraptor spud,
The other key point is the financier.
Once you have contract that assure you of income, you can borrow money.
I do hope the expansion of the company generally can be done with finance and not share issues thereby avoiding share holder dilution.
The rig should start making its way towards us in a few days time. Hopefully, everything should fall in place soon after.
Viking glass I have emailed matd regarding this question,
But it does sound like the land development guys have already re circulated the paper works, so here's hoping it was done a few weeks after or even a month after, hence why I think we could have the LP by velociraptor spud or week after tops
Re license - it was 7 weeks between the RNS's, early April it was being prepared, I would like to have known when was the change of hands? was that a month ago or a few days ago, it would have given us a better understanding of the timeframe.
I agree with you there is a whole lot missing from this because there is also the new company which we believe is a JV between MG and PM. The name is the same except with a slightly enigmatic Energy after the name. We could probably do a whole of digging and probably find little and force MBs hand to issue another RNS that he does not want to and say even less than he did in the last one. Never before have i seen an RNS give so little information with so many words. Maybe slight exageration but you get my drift.
The questions that need answering.
1) Why the financier in the room
2) Why all three parties in the room at same time
3) Why the need to document / publicise the meeting with an official photograph.
4) Why now
Something big brewing (possibly not oil) we have 100% on two fields (one with oil the other with enormous potential if discovered. So why give away 50% and why the new company.
Sunstreppe are involved with us re Renewables.
My guess and it is purely a guess this is another renewable that needs a lot capital investment and my thinking is Wind power. renewables
Only 3 working days left for May and then we enter June. That's when the real excitement starts! GLA sit tight.
Good to see more grounded/balanced posts after weeks of froth and fantasy.
Let's not get to despondent people it's been a long haul but we surely carn't be to far for positives. Still V1 ever closer. GLA
Ty notpleb. Yes very strange, will be mindful of this