Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Post from the mining minister.
Today, on March 24, 2023, the regular state conference of our #geological_sector has started.
??????
We have started with the expectation that many good ideas will come out of the consultation that we are organizing to ensure the multifaceted participation of geologists, industry experts, citizens, and representatives of civil society organizations, to gather their thoughts and opinions for the development of the industry, and discuss solutions.
In recent years, the effort to provide the country with reliable mineral resources in the long term has been declining due to lack of attention to mineral exploration and insufficient opportunities for exploration.
??We started issuing special exploration permits from the end of #2022, and in the future, our ministry is working carefully to conduct mineral exploration and research with international #advanced_technologies and methods on a large scale and with high quality.
As a result, I am sure that with the hard work and intellectual work of our geologists, many deposits of the size of Oyu Tolgoi, Erdenet and Tavan Tolgoi will be discovered.
??????
We wish the participants of the state consultation and the entire geological sector good luck!
For anyone interested there's a video on protesters FB page showing someone raising the Mongolian flag at PCs block 19. GLA
Mongolian government officials have repeatedly said that they are keen to make the country more resource independent and that they want to boost domestic extraction. For that, they will need foreign players such as Petro Matad.
Although the local Petroleum Authority has recommended that the Block XX Exploitation Licence be approved the final decision is now with the cabinet. Given the delays, Petro Matad is unlikely to start operations at Heron until the spring of 2023.
In the meantime, everything has been put in place for the company to be able to start operations quickly once it receives the official green light. All the pumping, downhole completion and power generation equipment is already on site and ready for a quick launch while the talks with Mongolian drilling services provider DQE Drilling are in the final stages of discussion. If discussions with Petro China proceed according to plan then the Chinese oil company will deal with oil processing, exports and sales.
As Mongolia’s bitter winter sets in, unless there is a regulatory decision soon, Petro Matad’s share price could end up hibernating like everything else in the country until March, when operations restart again.
@Manro
Please do some research before posting such garbage
Yes, this board becomes really a nightmare because here only a few critically thinking investors. To whom are perfectly clear that the company's CEO is a pathological liar. Who has been lying since the first day he took office, likes loafing and absolutely indifferent to when company will get LP. And indeed why does he need to worry or even work if he can live a luxurious life without it and just regularly stealing the investor's money.
The rest on this board either are wishful thinkers or just fools, not saying about paid trolls.
This board really is a nightmare.
The decent posts are almost drowned out by the rubbish and the bickering.
Master (I think it is) - keep up the good work. Love the contribution.
Hamm - some of your messages just a few months ago, you sound like me! You were actually right on most of this. My personal favourite back in December: “Somebody in government said LP would be sorted in 1 to 3 months! WHAT? are you serious? Dont be stupid and buy all this rubbish”
07/12/2022: “Another exploration/renewable auction?!?Let's have Heron LP first after 3 years waiting. ?It stupid to trust MB with new venture while we haven't sorted LP.
I didn't ask you how many shares you have. But if you had 10m shares you would behave differently!?you wouldn't buy MB all talk talk.
Next year might be just another exploration wit20% chance if LP not granted!”
06/12/2022:” I am afraid it is all talk as always! ?Somebody in government said LP would be sorted in 1 to 3 months! WHAT? are you serious? Dont be stupid and buy all this rubbish. This kind of conversation can be sold in 3th world countries not here”
30/11/2022: “RNS before the interview? I doubt it.?It only seems MB again needs some money. More holiday!?What a bastd he is.
The only fundamental change would be LP which hasn't happened yet!?All talk talk and never walk walk.“
Hamm - you are certifiably bipolar.
Just before the December presentation, you were HIGHLY CRITICAL of all things MATD, including MB. Then you see the presentation and completely change. Yet, the hard facts are that we still do not have the LP.
As an investor I would prefer to see positive, supportive and assuring comments even repetitive if you may call it while waiting for MATD LP confirmation rather than destructive negative and unhelpful comments.
That is me.
WOS keep up your great job. It is highly appreciated.
As soon as LP landed all nayers will disappear like never been here.
Time will tell, but if you are investors be supportive that is what matters LP will come sooner that later.
Long and strong.
Clearly WOS is much more knowledgeable than many here and his posts are very welcomed and appreciated by many. Guys you may filter him or any poster you don't like. At least he is an investor and consistently support MATD with good informative posts and answered if any questions raised. On the contrary I found some derampers here who have no investment but constantly appear day and night weekdays or weekends putting negative comments no matter what! But hey I filtered them. No problem.
WOS please don't be put off with nayers. Please keep up your good work.
We all know LP will landed soon and the share price will be rerated tremendously.
LP=20+
Next RNS would be more likely Land Permit.
UWOS - “I am real shareholder here but will not post again because can see BB respect cheater more then real holder.”
Thank the Lord.
This poster is a bad piece of work. I’d like to think people can see from my posting history that I’m a genuine investor who likes to do his bit. MATD was a relatively small holding for me that started out as a punt but has become a bit larger. Had the AGM been in the UK, I’d have attended and taken detailed notes.
FWIW, the likes of master82 are exactly the type we want on this board.
GLATHs I say.
You say you 'will not post again' ?! We'll see, won't we...I for one will be glad for this board to be free of your tediously bulky and often insulting posts.
Mr Ibiza
Thank you to admit I have better knowledge of stock then you & understand investment better. Maybe you understand why am so confident of RNSs with such good research & not like gap in brain like you say you have.
Also you admit you agree with sneaky posting to talk share down when sell & up when buy and you admit you try to do same but are failure at this. Do not worry everyone have seen how you try to do this before as well ;)
Sir this is not honourable thing to do if only try to talk down to buy back in & if you support this you have no honour sir
We see mr Sneaky Doc has been expose to do this & only person with little integrity like you support him.
Mr Ojay I think you are good person and have nothing against good one like mr Iamrich & mr Dozzababa & mr Positive and other good one who do not change to talk share up & then down.
I am real shareholder here but will not post again because can see BB respect cheater more then real holder.
Real shareholder do not have to worry because will see RNSs very very soon just like WiseOwl say
Be happy all other real & honest holder :)
BP - drills the one thing they have permission for and funds……only thing can let it down is drill provider…..so more likely than not I’d say, although could be delayed yet I agree…..let’s hope not
Then apologies i thought it was Singapore but he is a bit too well prepared for my liking but do admit some parts very informative and helpful and also very repetitive. There is a saying Less is More and he could do well to heed it.
Ibiza: Point well taken - particularly the comparison with "Fair Analyst" who came out of nowhere and disappeared to nowhere (once his job appeared to be done).
To be fair however, I need to tell you that WiseOwlSpeak said to be from Thailand (and not Singapore) - whatever that's worth.
I find WOS' contributions to be informative but also repetitive (as you mentioned). I look forward to seeing his contributions continue once the LP is granted. If he disappears after that - I would be inclined to follow your assessment.
Oh man - we (honest) investors are just stooges right?
//looks increasingly likely drill will be in late May or June given we are biting at heels of April now.//
Pure supposition. We'll be biting at the heels of next winter before you know it!
I think the one here who is sneaky and more like deceitful. I reckon that once the LP is granted you will be off and never hear from you again. You materialise out of no where just as the previous plant "Fair analysis" has had his cover blown claiming to be a LTH and then from nothing start posting 20 times a day often repeating the same thing as if the more you repeat the more accurate it makes it. Personally i think you are here because MB knew this was going to be a lot longer to get sorted than any time line given and was really worried that the SP would collapse without someone trying to keep the price pumped.
Obviously i have no proof but only my personal suspicions , You seem to have a catalogue of information almost at your finger ti[ps. My guess is either you or someone at the company has a database of information of RNS's presentations Mongolian journals etc which when required come out into open again at a moments notice. All very useful I grant you at times but personally i have to run through RNS's to find which one as the header is not always easy to know which one to look at or where to look. But for you it seems to be there at a moments notice. Either someone extremely well prepared or is being well briefed from the side. Even down to knowing name of previous CEO from 6-7 years ago. Except of course that time you were not properly briefed because you confused him with the wife. I am not sure how LTH would remember CEO name from 6 years ago at the drop of the hat. I was not around here 6 years ago and maybe i am wrong but most CEO's on these aim companies come and go and move on and are remarkable for being unremarkable.
Another factor that may be relevant or purely coincidental is you i believe come from Singapore a country where English is either the main or second language and y our is good but not perfect. It is also the country where MB lives or has been spending much of his time during lockdown. Purely coincidental maybe but sometimes 2+2 can sometimes add up properly. Time will tell when we get the LP and your job will have finished unless you re appear in another guise.
If i am right then who is the sneaky one.
We’ll have news soon enough, looks increasingly likely drill will be in late May or June given we are biting at heels of April now.
If it’s like most Oilers this should see a rise to 6-9p…….maybe more.
So even though not holy grail LP, a rise is still on cards and fully funded.
Mr Ibiza I think your reply say a lot about you sir :(
Try to be happy & with integrity sir :)
I am am not quite sure why they have to tell you what their motives are. YOu have worked it out for yourself and i would reckon many others have as well. Of course they are going to talk down the share when they want to buy and talk it up when they want to sell. We all know that and put our filters on it. Why is it sneaky. It is all perfectly legal and above board. Does it suit your purposes and does it help mine no other than the odd time i want to add a few and actually get the buy at the right time. Which normally i do not. Why should i be happy. you have got far too personal on this bill board and that i do not like infact i find some of your posts remarkably rude and personal about people and their familiies and that i find quite despicable.
Very simple SNEAKY.
This happen when he sell then quiet when he buy. I have problem with dishonest people in all life & not just BB
If you are happy with sneaky people then be happy mr Ibiza :)
I do not know what your problem is with them. If they want to trade the share rather than be a long term holder that is their right and their prerogative. Personally i would like to but always buy too early and sell too late to make anything on it.
It does not get in your way as a LTH and investor. When the time comes they will make their own call to remain in as Holder for carry on trading the share. Just get a life the same message is getting boring and too repetitive.
Sneaky Doc have take his £10 for today lol. Am glad will not take full benefit from RNS
Very happy :)
Finish blue:) Everyone know RNs due
Even Greedy Zellman & Sneaky Doc have BUY in now and why they take break ;)
Be happy all honest investor here :)