The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Erdeneburen HPP infrastructure construction work is ongoing
The President of Mongolia worked in Erdeneburen sum of Khovd province together with Khurelsukh of Ukhnaa.
The President of Mongolia, U. Khurelsukh, met with the citizens of Sumy and gave brief information about the current social and economic situation of the country, major projects and programs, including the policies and objectives of the government in the field of domestic energy supply. Worked at the project site.
Energy recovery is one of the six recovery measures of the "New Recovery Policy" implemented by the Government of Mongolia. The Erdeneburen hydropower plant with a capacity of 90MW is one of the many important projects planned to achieve the above target.
In this regard, the President of Mongolia, U. Khurelsukh, noted that scientists have determined that the Erdeneburen hydroelectric power plant will not have any negative effects on the ecology of the Sum, and expressed his gratitude to the citizens who support the goal of meeting their needs with low-cost domestic energy.
Today, the western region supplies most of its total energy consumption with imported energy, which is 6-8 times more expensive than domestic energy. The fact that production and services are not increasing enough in the western provinces is directly related to the lack of energy.
Experts estimate that more than 1,000 temporary jobs will be created during the construction of the hydroelectric power plant, and more than 100 permanent jobs will be created after it is put into operation. In addition, irrigated agriculture and nature tourism will develop, and this will have many positive effects on the lives of local residents and citizens.
The Erdeneburen hydropower plant will have a capacity of 90 MW and will produce 360 million kWh of energy per year. When it is put into operation, it will be possible to fully supply the western region with energy, as well as to support the energy system of the central region.
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And with it the opprtunity to top up. We are all pretty sure whats coming and the potential.
JJ, absolutely right. Without news to confirm LP this will keep sliding...
Seems quiet compared to the start of the week regarding trades looking like we need news to take this higher
Although more posts than trades today it really should be the other way round
Hopefully news drops tomorrow or fomo kicks in to get the price moving
Nice clear succinct summary Mr. Positive!
ClimbingRooster: I hope you like them! ATB!
Good luck Hychro, i personally believe you have bought in at the right time. Hopefully a lot of good news to come in leading up to the spud of Velociraptor which is RNS'd as to happen in June. ATB
Good luck with your investment btw. My average here is 4.5p
Hychro Im pleased if people filter me... saves me having to respond to their stupid posts, if they can't read mine.
Some on here would be good candidates for Millgram's obedience experiments as they just confirm to authority. Others just have binary thinking and can't compute how someone can be invested but also be a free thinker.
I blame modern education
Quite new but did do someone own research, invested last week avg at 5.47p.
One thing is take no notice of Bad Prophet, he/she is the one to filter out of anyone on here. Confesses that is not invested. Only posts to wind people up. All stated by he/she. Just copy and pastes other people comments and is never ever Pro Matad. Everything is negative. Avoid this person and take note of what others have to say and then make your own conclusions - GLA - hopefully we will get our Land Permit soon
To be honest BP some of the things he say is useful however he does spam the same things over and over and over again which is quite annoying.
//How can you blindly invest in a company without hearing the positives and negatives you need every angle to see what the company is actually about.//
You think reading WiseOwlSpeak's multiple extreme rampings EVERY day helps you to get to see what the company is actually about? Odd. DYOR
Mongolia?
You must be new I can see you
Yes. Think most here figured out curious scaremongering and deramping.
Going concern issue ??? Really !!!! WTF
Company sitting on US$12.2m cash
Velociraptor-1 drill cost: $1.7m - $2m range
Heron Oil cashflows to start from 3 wells to start and increasing to 15 wells - all self funded from Heron Oil sales.
PETROVIS GROUP - holding a Large position here
Mongolia Govt to save circa +$2 billion plus in annual Oil import costs buying Oil from Russia to satisfy domestic demand.
Petrovis runs Petrol stations throughout Mongolia and need refined petrol / Diesel for their Fuel stations.
I mean....where do these people come from?
In my opinion it's stupid that people are filtering. How can you blindly invest in a company without hearing the positives and negatives you need every angle to see what the company is actually about. I thought curiouser and dozza discussion was very insightful.
Can't see you
Be careful climbing wooster... its like a playground out there.
Victor14,
Unless you can present proof of what you say about WOS, then i think its you who is nasty and duplicitous. WOS presents his view , and his view only, you either agree or not with what he post, and you make your own choices in investing, and not blame others on here for YOUR investment.
Right that's it climbingwooster filtered for being silly
I only see my own posts
Mr Victor this sound nice to you sir but not true. I always am positive about MATD and nothing have change to change this.
Mr Curiouser did deliberately try to mislead BB this afternoon & this is why one who saw this recommend Mr BarclayShare post
Very disgusting action by mr Curiouser and no surprise have support of mr Sneaky Doc ;)
Be happy but honest sir or money will corrupt :)
The ones who screech the loudest here about traders are actually the traders themselves….the nasty Owl, for example.