Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I don't think the guy who mentioned fuel trucks needs to be concerned. There will not need to be a whole fleet of them queueing at the well. Each one can hold 3000 barrels and we will initially only be pumping about 500 a day per well. For Heron thats only a truck a day travelling 20km up to the first six wells.
Thanks Jiminthebush- but where is that comment from and how old is the article or source . Thank you
Always say RE-TEST of price is GOOD
This happen again and everyone can see strong buys when price hit 5.5-5.7p. Last time had same when price broke through 5p to hit 5.5p then re-test 4.9-5.0p
This is all on graph & do not need special knowledge to see
Maybe we see re-test again or maybe stay at this price or maybe start to push to next level.
Do not know BUT I look at header & see this happen in Q2. This is enough for me :)
Also know every time re-test price get STRONGER and is better for next push.
This make me happy to see :)
The progress of the oil refinery construction project and the contract signed with the contractor to finance and build the oil pipeline project were presented. The Minister of Mines, Mines and Heavy Industry has been instructed to carry out an engineering geological survey along the route of the oil pipeline, and to develop detailed drawings and projects for the pipeline. The Ministry of Media and Public Relations of the Government has instructed the relevant ministers to study and present the issue of funding required for the training of specialized engineers and technical workers to work in oil refineries.
Chinese will build that pipeline in 12 months.
Initially, oil will be exported via tanker to refineries in China (in co-operation with PetroChina who produce the majority of the country’s oil from its Toson Uul field complex immediately north of Block XX). However, once the new Mongol Refinery is completed (scheduled in 2024) all crude production in Mongolia will, by law, have to be refined there and transported from the Tamtsag area by a planned pipeline connection
how do you think petro china has been doing it for years? tanker. sheesh
Building a pipeline seriously won't take a couple years.
Well from the replies I've seen it looks like there are some heads firmly buried in the sand.
Build a pipeline--sure but how many years will that take.
Tankers-that's going to be a lot of tankers.
Don't worry the oil will find it's own way there. Ojay really. Didn't you go berserk when the LP issue came up causing the price to tank. Heron has oil in the ground but not being able to get it out and where it needs to go caused you a good deal of stress if I'm not mistaken and now you say don't worry about it.
I really hope there's a good solution but I'd be happier knowing there was a plan in place.
Strongly believe this would be sitting over +20p in coming weeks come June spud for Velociraptor-1
Block V looks highly prospective given there have been various instances of Oil shows in the past.
Just need to hit the sweet spot.
Master82, please continue to investigate and provide information. We will review it and make our own decisions. You have provided so much more information than MATD .
Thanks for all the time you have spent on our behalf.
LP is on its way read RNS very clear , starts off heron project, we produce our own oil,,
New licenses worth a few pennies to our share price
Velociraptor drill could be transformational
Dqe partnership
Who knows what else may land, but we will have a very busy Q2, expect share price to be around 15p very soon maybe next week if LP lands
Power to you WOS - that's exactly how it should work!
Good post mr Nineties at 15:19. Agree area look to small for new licence block and more like Petro Matad exploitation area
Happy to hold MATD share without worry to miss RNS :)
You see how rat come out when they think share price will go down but OWL eat RAT lol
Be HAPPY but do not be rat :)
MalcolminMids - the 1 post wonder with his predictions of crash back toi 3p -- yea you wish - coz you came too late to the party lol
Great day today, share price looking strong, market knows LP coming so it's going only one way and that up towards 15p,
Thank you
New support looks like it is 5.82p.
Yesterday pushed us into a new range, hopefully.
100% agree
Never panic and fall in to mms trap.
If you believe in a company then you should stick it out and have a exit target..
Mms have been messing for few days
Some obviously got caught in the frenzy earlier on and presseed Sell button might have to buy back in a hurry. We all know how fast this moves when on the move.
Same goes for any shorters...
Spread is getting tighter into close and looking better although has little relevance as once the news drops this price will be a distant memory
Get a move on drop the bloody news
Ninesandytoes.
Excellent work. You got it right i think.
Best to let the angry herd pass through and wait for things to settle down for common sense to prevail.
just rolling back the gains from yesterday's hype