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....or maybe one of the Mongolian departments demanded to have sight of PM's accounts as part of their due diligence. Crowe is basically an accountancy firm.
Definitely something big will happen this year.
Why keep it all hush hush..
If the government takes a bigger stake in PM then all the issues with the locals are done and dusted.
No more problems.
7p tomorrow by 10am would be amazing.
Thornog. What's with the attitude? Have you lost out on Poly?
My point was the VLS has risen more today BUT there is only 1/10th of the yakkety yak.
By the way its possible to trade/invest in more than one share. They aren't football teams. In fact its generally considered wise to diversify... MATD is at the year high and yet still no news of that elusive RNS with the LP confirmed as granted. But no doubt it will be tomorrow... (or Monday..... or.....)
Wow Ibiza, you’re brain wracking a lot more impressive than mine! I just wondered if it was windy !
Also added in Heron being named as a matter of National Importance and also why take a photo shoot of it all if this meeting is not of importance. Hopefully we will all found out soon enough
Hi Ibiza, it was an intriguing meeting. I live on IoM and know the Government Dept well. To register a company on IoM you either need a local director or an official agent to be your representative. This is Crowe, whose boss was at the meeting. Therefore the agenda must have included transactions that required now, or in the future, the filing of official documents. Crowe would file these on our behalf. What these transactions are we do not know, but could include:
1. The establishment of a new JV company.
2. The registration of a charge or lien over assets of the company.
3. The appointment of new officers of the company.
I would have thought that the majority of these require a vote in favour at an AGM or EGM. Neither has taken place recently.
So we are left with some form of pre-event discussions, which were important enough to require senior officials from Mongolian government to travel to IoM with MB to meet Crowe and DFE reps. Intriguing!
The female Matad employee attending was Tuul Khongorzul, you can check out her job description on Linkedin
Care to guess which will rise the most tomorrow, next week and by the end of June?
Yes i bought some a few weeks ago . I am the lucky one
Since people highlighted this meeting in the IoM i have been wracking my few brains trying to work out what might be happening. And to be honest probably not much further along the line than most people here but thought it might be useful to summarise what we do know and what might be extrapolated from it.
Obviously this was not Matad board meeting. A they would not need to do that in the IoM and secondly we would not need to have senior members of the Mongolian government at hand. It could all be done over a coffee in some bar in outer Mongolia for all that anyone would care.
So why the senior members of Mongolia Government and why IoM in particular and not just the room at the Mongolian Embassy or Clariidges or whichever hotel they are all staying at. And then why have a senior financier from the IoM.
The reason this was in the IoM with a Stenographer but why fly over someone from Mongolia just to take notes if we needed notes taken we could have hired a Short hand typist on the IoM to do this and save the airfare. My opinion is the board member taking notes was very possibly our company secretary.
This leads me to conclude that this is a new company that is being set up possibly 50% owned by Mongolian Govt and ourselves. What it would be fore i am not sure. Heron and the Raptors come under our auspices as PM we will probably be doing a farm out on Heron when we get LP with DQE and may also be doing a Farm in for a portion of the Raptors so there is no need to hive these off.
Names were mentioned we renewable partners and if they were not at meeting I am pretty certain this is not to do with that.
Which means (IMHO) there is something else brewing under the surface that is big enough for the Govt to want an active stake in it and PM to conduct a meeting in the IoM as then signatures and real ones not just computerised digital signatures could be placed on record and the new entity set up very quickly ie immediately. This could be something completely new that might well add to an already impressive diverse resume for PM in or around Mongolia. That is once we get the LP and all of this makes me even more convinced the LP is very close at hand. MB might be very frustrating in his lack of communication but I think he is playing a long game here and his patience (and ours) is just about to pay off.
Just my thoughts. GLA
VLS, just up from it's 6 month low.
SP has halved in under a year.
Aren't you the lucky one?
Don't tell me you bought at the bottom didn't you?
Matad has more than doubled in the same time period.
Pick the better stock?
I guess that is one way to describe it...
Luckily for me Im in both :)
Curious - obviously not as fun as the matd board 😬
VLS went up more % today than MATD and yet there's only 13 posts on the LSE site compared to 130 here LOL.
Lol ;-0
We are only at the beginning. The share price rise is nothing by comparison to where will be over the coming weeks. A good day . Role on tomorrow
Hello is that 7? No this is 18 the LP has just landed
Then take the call!!!
This 7 HEELLLOOOOOOOO its calling
Market does not wait for anyone.
Just make sure everyone got at least some tickets here before the multiple RNS start coming.
Will be extremely difficult to grab any shares in the stampede that will follow soon as news lands
Tomorrow should be fun, with or without an RNS.
Just 30 minutes to ho for today. I can still get a quote to sell 1m shares fast, but I am not selling cheap, I might if 50p.
Alot of sellers being flushed out today with heavy buyers, tmrw could be a very strong day, bring in next week, LP has to land now
I wish I didn’t sell 300k of these beauties, needed liquidity at the time to buy more kod, still hold 900k but felt nice seeing a mil ah well plays havoc with ocd but I’m sure I will get over it when we hit 20p plus
GLA
True misterpositive. That is what happened when price went from 3p to 35p.
Guys who are new would say the same when we get to 50p.
I wish I bought more when it was 7p or so.
Life changing shares.
Not too late for now before LP dropped.
Guys, big buys is still lining up.