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It'll be very interesting day.
?THE 16TH REGULAR MEETING OF THE EASTERN PROVINCIAL Parliamentary Assembly is being held
Today /April 17, 2023/, the 16th regular meeting of the Eastern Provincial Assembly started with 84 percent attendance.
The following issues will be discussed at the meeting.
1. Voting on the proposal to issue a special exploration license through a selection process.
2. About acquiring land for special local needs.
3. About the establishment of the forest division in Sumy and the adoption of rules.
4. About the statement submitted by S. Monkhjargal, a representative of the Provincial Citizens' Representative Assembly, by letter No. 02 dated March 29, 2023.
5. Changes in the composition of the Provincial Election Committee.
6. Listen to information about the situation of the steppe fire in Khalkhgol ??Soum.
I've been telling people here it's done and dusted as well.
People still doubting what we post.
She is not happy because at local level it has been approved.
MB said that after September 22 meeting they said if you continue like the way you are we will consider. THEN OCTOBER 22 they reviewed the L.P. and now this year they have reviewed the L.P. and send officials to measure up. Around 10/15 of them.
Things are moving fast now.
Try removing the httpss:// ..that worked for me.
And yes, she does not sound happy.
Cheers Dozza & GLA
Hi Dozzawba - link isn’t working. Can you repost.
Make what you want of it. She is from
Dornod, originally she posted that Matad was a Canadian company all bullsh*t, going back to last year, but now all of a sudden England. She is not happy. Imo LP is done and dusted
httpss://m.facebook.com/story.php?story_fbid=pfbid02C12kYPWkgyw8zFySjcvoN1sp84PJcUZpXuSfpXjzTMWRwo6wxf9vKDQc9V4L4p8Nl&id=100011445393483
It would have made news if it was rejected at local level. It's such a small community that even birthdays are broadcasted on their local news channel.
LP has been sent off to cabinet recommended by the mining minister and designated as a matter of national importance. But how fast do things of national importance get sorted in Mongolia? It could still be months. I really hope not. I’ll be very disappointed and concerned if April also comes and goes with no LP.
SIRBOB.MB HAS already told us that the locals don't have the ultimate say in this matter. This local governor is anti PC and PM.
SO even if the local governor is not up for giving L.P.. We will get it from government.
Point is things are moving faster than it ever has.
Master82, I read your time line and good research.
I don’t however see the relevance of the locals meeting on the 6/3, surely it was rejected again here, as if it was passed we wouldn’t need the govt issued LP, as the problem currently is the locals objection.
It’s my understanding that if the locals approved and let it go ahead, no need for govt intervention.
Please explain from your point of view . Thanks SB
I am pretty sure LP is on its way. All recent events project strong indication of that. Exactly what date none of us know. Hoping for Monday RNS though or sometime during next week. But it should come before Velociraptor-1 spud.
Possibly a small dip tomorrow if we don’t get LP first thing after all the recent excitement. We have support around 4.55 so let’s keep our nerves and hold for the big one. Not long now hopefully.
I am hoping the LP lands this week. If it does Land this week i feel the share price will very quickly (ie about on hour of opening re rate to 10p. I also feel that it is very possible that it could reach 15p very shortly afterwards. This share moves very fast and with this steady rise over the last 10 days or so i think it means that some of the traders are dropping out as there are not peaks and troughs to trade out and into as there were therefore more shares staying in stickier hands. Then as the weeks play out between now and early June when we spud Velociraptor there will be a bit of a lull unless MB lets go of the news he has stored but i reckon saving for the LP and i think each one will give the SP a little boost. I have my guess for a SP (assuming LP has landed for when we spud Velociraptor and a hope for what it will be about 10 days before TD. It will be in this last two weeks of spudding Velociraptor that the biggest changes will come.
15p would be a dream exit point
I think the odds are now in our favour. But not 100%.
Monday tomorrow, and always the best day most probable day for a positive RNS to land. Come on MATD, let’s get this LP done well in advance of Velociraptor spud. My hope would be for 10p+ on LP, with a push to 15p on hope for Velociraptor. The Progressive report looks good, but is sponsored by the company and these price targets rarely get achieved.
But I think we’d all secretly be very happy with 15p.
Sorry I m still stuck in year 22.
Here are the reasons why L.P. is a 100% coming .
Locals rejected PM LP on 09/ 22
Locals reviewed PM LP on 10/22
Locals reviewed PM LP again on 06/03/23
Mpram minister meets Nuret Ghani 07/03/23
Locals and Mpram field measuring 29/03 /23
Mpram minister and PHIL MALONE 30/03/23
PM Rns paperwork ready for signing 03/04/23
Mpram minister in Parliament 11/04/23
Phil Malone in Parliament 13/04/23
Master82, do you want to just clarify the year typo in case any newbies are misled. But bring it on !
I have said that I think the LP will be coming & I want to see a good result for investors but you gotto look at the downsides to temper you enthusiasm. (PS Doc83 is my dad - don't tell anyone!)
There is no switch to Velocirapror spud mr Bad Prophet. Just logic in thinking sir.
Lot of people start to take position in investment because how big they see Velocirapror can be. When drill is "COUNTRY MAKING" and spud date approach & very short drill then can expect more & more people to take position with price rise
No one say LP not important but say this because like header say will build momentum if price. People also know LP come ANY day now.
No shift just logic with Velocirapror approach sir
Happy & logical :)
Mr Ninesandtoes if I misunderstand your pist I do apologise sir.
You are right and know Petro Matad give compensation to herder & land to graze cattle so can see why activist get upset :)
Just check the dates when the SP has been rising with the news that's been posted here
Maybe a slight indication as to when we might get a possible spud date for V1 https://www.google.com/url?rct=j&sa=t&url=https://finance.yahoo.com/news/talon-energy-ltd-partner-spuds-200000923.html&ct=ga&cd=CAEYAioUMTIxOTQyOTc5NjE2OTY3MDE4NDAyGjU1MWFjMjUxYjE2YzAyMWQ6Y29tOmVuOlVT&usg=AOvVaw2yCKZ3HXdP_6E5eSAfpDnm
Look how fast thing are moving. Check the dates
Here are the reasons why L.P. is a 100% coming .
Locals rejected PM LP on 09/ 22
Locals reviewed PM LP on 10/22
Locals reviewed PM LP again on 06/03/22
Mpram minister meets Nuret Ghani 07/03/22
Locals and Mpram field measuring 29/03 /22
Mpram minister and PHIL MALONE 30/03/22
PM Rns paperwork ready for signing 03/04/22
Mpram minister in Parliament 11/04/22
Phil Malone in Parliament 13/04/22
Now if you still have doubts then you might as well find an alternative investment.
iamrich - wrong and wrong.
I don't know who BP is. And I definitely will not be gloating if this is red tomorrow. Actually, I'm hopeful and excited for MATD, hence why I filled my boots in the raise at 2.5p. But there's no denying it's been slow going and we've been misled by management and the MG many times before.
I'll be the first person to buy you a beer if we do get a £1 party. In fact, I'd be happy with a 30p party!
Some more light reading while we wait https://www.mongolianminingjournal.com/a/72674