Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Only 2,478 @ 5.57p
When I see share price projection go to 100p+ then you understand why every little buy I make I see will be more.
This is my view but you invest your way please. For me Petro Matad will be BIG operator in Mongolia & will be link with Govt to foreign JV partner.
Not have interest in any traffi g but investing in big picture research tell me happening
Big Buys start to come in & see good consolidation today after rise yesterday. Retest already happen last week.
Just buy little bit more for 5.57p ;)
Longer term a successful and professionally run Heron well can only skew policy decisions our way and away from Petro China?
Let's hope so.
Hope so Jim fingers crossed on this. Mike Bucks picture with the mining minister can only be seen as a good thing but they need to stop dangling the carrot and let us extract the oil.
I check 10-15 different information source EVERY day mr gvb121. This make me better understand more FULL picture of all that fo on & include relation with China.
This make me VERY confident of all situation & for long term development / potential of investment.
Like I say must look in right place for information. I do not check feed for mr Ross ;)
Be happy & successful fellow investor sir :)
I think a lot of people are aware of the issues with our neighbours gvw there has been so much posted on this chat group. Hopefully there issues will be rectified soon but there are some of us believe that because of PC that has affected the delaying of the LP that and the way Mongolia operates. Hopefully LP granting SOON and then looking forward to V1 spudding very soon. GLA
Maybe you not understand if you think nothing POSITIVE happening Mr gvb121. First look at WHY delay & then look at what happening NOW.
Prefer to read RNS & watch multiple Mongol news feed then watch Ross Kemp in Mongolia LOL
Let frustration drive you to RESEARCH more ;)
Be happy but well inform :)
I have to admit its still dissapointing that we do not have the land permit one month on since the last PM announcement.
I have been invested in PM for a good 3 years and the heron discovery should have been drilled ages ago. Obviously I want this company to do well but the decision making in mongolia and level of bureaucracy is ridiculous.
I cant help but feel frustrated that we getting ready to spud and we havent got anything positive from the mongolian government.
I think the chinese have done a lot of damage to mongolia which is why they are reluctant to quickly give out land permits in a rush. If anyone has not seen ross kemp in mongolia I urge you to watch it and see how much damage they have caused and the lack of safety apprecition they have.
Mr Positive
I was VERY excited when I read about RENEWABLE sir & understand how can multiply mkt cap of company even more.
National Renewable Energy Center estimate Mongol renewable energy potential is 2.6 TW. This is massive sir.
Maybe Isle of Man meeting has something to do with this because just before subject is discuss with China just after but do not know.
Know that MPRAM member do not fly out to Isel of Man personally with mr Mike Buck for something small.
When we talk if all piece -
- REVENUE
-GROWTH
-DIVERSIFICATION
- EXPLORATION
- MARKET DEMAND & LOGISTIC
- GOVT SUPPORT
- GLOBAL ENVIRONMENT
- NEAR TERM NEWSFLOW
MATD have EVERYTHING :)
Until PM make the transition from exploration to production there is no cash flow once that happens we can all get excited about other projects LP and workover needs to get moving asap
Ojay.
Have to be honest, i did not pay much attention to the Renewable Energy Upside few months ago. But now i have a totally different view, coz profits from Renewables can be massive.
Govt wants all 3 for their Economic expansion:
Oil / Gas / Renewables
Lot of Foreign & Govt money ready to come into thisxsector sir. Remember not only about Mongol energy use but export need for foreign company
See Foreign Affair Minister visit to Beijing last week & China will look to support Wind/Solar project in Mongolia which have one if the world greatest potential for this & right next door to China (export to China also mention by mr Mike Buck).
Few month back Int Development Bank representative visit MONGOLIA andctal about grant fund for renewable sector
Did say this would be MASSIVE and keep mention how mr Mike Buck will build major multi factor ENERGY company (not just Oil).
All pieces coming together & why I keep add stock to my holding now.
All clear for those who have done research & put piece together :)
My only concern with Renewables was how any meaningful capacity would be paid for by Petro Matad.
I'd assumed, rightly or wrongly, that it would come on stream after Heron oil sale revenues which could be used to secure borrowing and fund ongoing development but if the financial incentives are sufficient perhaps they can simply crack on with the Green schemes?
A lot going on for sure.
Some cracking RNSs may land in the coming months?
the mother is expecting - you are expectant
Mr. Positive: I recall some posts on this BB - maybe 6 or more months ago - were making fun of the notion that PM intend to engage in renewable energy. I have the feeling that this has shifted somewhat since then. What do you say?
I feel like an expecting father lol
So for every £100 you spend, you get £90 back
As Tax Credit
90% Tax credit for first 3 years
50% Tax credit for next 3 years
That is a HUGE incentive to get Renewable Energy off the ground. Profits would be on Top when you sell all the Electricity to the Grid / businesses.
MATD taking lead position on Renewables and very good product mix.
Oil production & Renewable Energy.
English become "primary foreign language in Mongolia's new Education Bill". This today
They say this base on English language of Int commerce
Anyone see pieces come together with Cabinet lead :)
Source: Mongolia Weekly post today
"A new generation of Western educated leaders is reshaping Mongolia's politics and economy with Harvard alumni at the forefront"
"The driving force behind this trend is Prime Minister Oyun-Erdene who also studied at Harvard. He has surrounded himself with fellow Harvard alumni, most of whom he studied with at Harvard"
Say before thing change in big way & see this with pro business Cabinet reshuffle last Aug. This when Mining Minister mr J Ganbataar get job who use to be Economist.
Govt Cabinet understand importance to economy if foreign investor & this is environment which Petro Matad now build into large diverse billion mkt cap Energy Company.
Happy to have chance to pick up share sub 6p :)
Its been over a month. News cant be far off.
This meeting looks interesting as its got mining resources on the agenda.
Rest of the meetings have been about elections, loans, and education.
Mr. Positive: "Who in their right mind would even think of being out of this one with RNS coming any day missing out on around 100-150% quick upside?"
Beats me - but it looks like there are plenty of those around today - let's see how long it takes until their "ammunition" is depleted.
Good link mr Jim and confirm what I say CABINET MEETING TODAY and not "everyone busy at Coronation" crazy BB logic lol
More important can see all push to help foreign investor & work with them in all area.
31 Tooic cover in Cabinet today so will hope Special Certifucation document did get sign & RNS to confirm.
Happy to see all development in Q2 :)
Good link mr Jim and confirm what I say CABINET MEETING TODAY and not "everyone busy at Coronation" crazy BB logic lol
More important can see all push to help foreign investor & work with them in all area.
31 Tooic cover in Cabinet today so will hope Special Certifucation document did get sign & RNS to confirm.
Happy to see all development in Q2 :)
Thanks Jimi.
I like the 90% Tax credit initiative from Govt.