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Anyway WOS says an RNS is imminent
//the lack of communication from Matad is frustrating, //
You would think that if they had any good news they would share it - they don't, so they haven't.
//non of them give you good reasons as to why price will go to 2p or 1p.//
Absolutely NO ONE has said that in my recollection. All the so-called de-rampers have done is to introduce a note of caution about the claims of MATD being an easy way to become a millionaire. Just get your facts right - including the stuff you allegedly dig up from unintelligible Mongolian social media.
Mongolia to Overcome Electricity Shortage
montsame.mn 2023 04 23
President of Mongolia Ukhnaagiin Khurelsukh visited the site in Kovd aimag where the Erdeneburen Hydropower plant is being built.
Mongolia produces 80 percent of its electricity demand while importing the rest from its two neighbors, China and Russia. The number of energy users has risen by an average of 7-8 percent, and on the other hand, energy production has increased by 6-7 percent. Thermal Power Plant-4 and the expanded thermal power plants in Erdenet and Darkhan have been playing vital roles in handling the peak demands in recent years.
In the winter of 2022-2023, the peak demand reached 1476 MW. To overcome next winter’s peak demand, negotiations are continuing on building battery energy storage in the Songino sub-station and purchasing electricity from China. In addition, the Booroljuut power plant is expected to be put into operation in 2024.
When the Erdeneburen Hydropower Plant is in operation, it will create over 100 jobs, as well as have positive effects on the live of the local citizens by bringing opportunities to develop irrigated farming and tourism. The annual electricity demand of the western part of Mongolia is 160 million kWh, of which 40% is produced by the Durgunu Hydropower Plant. The rest is imported from China and Russia, spending about MNT 20 billion.
The Erdeneburen Hydropower Plant with an installed capacity of 90 MW will produce 366 million kW/h electricity per year and fully satisfy the electricity demand of the region.
master82 - It’s good to see you and Doc83 having a balanced discussion now . I think we’ve established that Doc has just been burned too many times before to accept anything is virtually guaranteed which I think we all get but as you said yourself Doc ….
“ the MG would be committing economic and inward foreign investment suicide if not giving us the LP?“
That and with Petrovis shareholding and Government statement like “ project of national significance “ is why the rest of us are stressing it’s really coming this time .
I’ve not even mentioned all the research that master has done which points to it !
Before the operational update the BB was seeing max 50 posts a day in a weekday now it's about 300 but over 50 on a weekend lol, there seems to be alot of interest all of a sudden and the deramp sqaud all at it at the same time,
On weekend lol badprofit and the new loser curiouser and doc83 seems to be still posting god knows what sides his on can't make his mind up lol
Bunch of losers really, sad people
Buy now or lose out on the 150% incoming when that LP lands, coz that RNS could land any day
I've been in Matad since before Covid, it's been a long wait, thanks to Masters findings, which he has kindly shared with us all, I'm more confident than before that we will get the LP, the lack of communication from Matad is frustrating, with media such as Twitter it would be so easy for them to provide us with updates on progress, just my thoughts :)
“Because you are positive when price is going up and negative when it's down.”
Master, that’s just not true and you know it.
I’m not sure what else I can say, other than I am more hopeful than not, but that I still see plenty of things that could go wrong. Perhaps it’s having been on the wrong end of a few “guaranteed” winners in the past. But MATD has been stuck on this LP for a long time now and it would be (IMO) unwise to assume it’s a done deal until that RNS arrives. I am a genuine investor, long on MATD with no hidden agenda. And if it comes off (15p+ etc) then I’ll be a very happy man whose retirement just got a bit closer.
DOC I hope you make plenty here but why don't you just tell be honest and not come up with nonsense.
You have been worried since the price was 2.8p.
It's an uptrend so just chill and enjoy the ride.
No bad news is due like I said until we hid a duster.
Bully more like I'm trying to help you make your mind up. Because you are positive when price is going up and negative when it's down.
We can't figure out where you stand.
Master, I’m not sure why my last post warranted the abuse. But just for you, I’ll repost again what I said yesterday and many times before.
“I am more confident LP will arrive than not. But I am not an oblivious to the obvious risks that remain. Equally, something might have just a 20% chance of succeeding, but if the rewards are potentially a 1000% return, it represents a good risk/reward play.”
More abuse from master. Closet bully.
DOC Doolittle you can make animals stupid but not intelligent people who take a stance on their investments.
Doc. So you are in profit and you still don't think it's positive year 2023.
Why not sell and take profit before it goes in red.
It doesn't make sense for a guy to not sell at 50%up .
Specially when he thinks there are so Many risks.
Once he gets the LP he is both. With the funds from Heron he can explore all he wants and bring in someone else to oversee the production. Its all about the LP.
Master82: “non of them give you good reasons as to why price will go to 2p or 1p.”
Did I not give lots of potential negatives for MATD yesterday? With the overriding positive being that IMO the MG would be committing economic and inward foreign investment suicide if not giving us the LP?
//are still sticking around to profit from the company going from exploration to production.//
Ah - there's the rub. MB is an explorer NOT a producer. Maybe a new CEO is needed (or a JV with an experienced producer)?
For new investors go on Twitter for more info regarding PM.
Some of us have been here for years and know exactly what's happening with this company and are still sticking around to profit from the company going from exploration to production.
Doc,
I quote your comment:
"This must be a joke? At least 100 times daily, every day, people post their price predictions ad nauseum."
I was actually hoping to achieve a grown up debate, to hear peoples view and reasoning, not the silly tit for that chat that fills this board every day.
Thank you and have a good evening :)
Curious, I can assure you, I'm not WOS so let's put that silly suggestion to bed and move on please :)
What investors need to understand is whý are these folk on here spending so much time trying their best to deter other investors. Everyday they are here . If they are not invested then why spend so much time here. non of them give you good reasons as to why price will go to 2p or 1p.
Looks like these guys are fortune tellers
Some will suddenly turn positive when price is rising and negative when it's going down.
Better to Dyor and make your own mind up.
Don't trust everyone. Positive posters or negative posters.
and filtered (again)
//Documentation has been prepared by the Ministry of Mining and Heavy Industry and circulated to other relevant ministries i//
Documentation schmocumentation - where' the bloody beef.? iamrich you are an idiot ramper!
I think the key word is realistic. DYOR.
Vikinglass: “It would be interesting to hear what everyones realistic share price prediction is for the next few months please :)”
This must be a joke? At least 100 times daily, every day, people post their price predictions ad nauseum.