The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Patshare - c.10% down from the high so PME triggered perhaps. Nothing to see here as far as I’m concerned. Just AIM volatility.
In anticipation of hitting 20p tomorrow.......hahahahahahahaha. :)
Why? No big movement in SP, why the PME?
This is just relation to the link in my below comment, what's this got to do with Heron LP that local chief "Mayor" has blocked? Just trying to understand where this anticipation of LP for Heron has come form? Thanks
Within the scope of the selection process approved by Government Resolution No. 243 dated August 8, 2018, within the scope of the special exploration license area, approved by Order No. A/67 dated April 12, 2022 of the Minister of Mining and Heavy Industry, October 28, 2022 According to the "Licensing Selection Procedure" as amended by Order No. A/275 of announced a selection process for licensing. Of these, 50 (64-1, 64-2) plots have been evaluated for price and technical proposals. 25 (64-3) fields are open for bids and evaluation of technical proposals is underway.
Department of Minerals and Petroleum
So these block announcements are being released......im not so sure this is related to the LP?
mrpam-gov-mn.translate.goog/news/2447/?_x_tr_sl=mn&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
Could any confirm? Thanks
Tomorrow mpram will release the results for the new blocks . .
PV (not JV) tho' a JV might be welcome!
JV seems to be absent - is Hamm his deputy? haha
I am..
Good buying Master you must be in the millions by now.
Back in at 5.1p
Someone dropping price with minuscule sells. Someone wants cheap shares.
Hold guys do not be tempted.
$6m cash in the bank,
Ministry of mine has already promised to grant LP. Expected by the end of January,
Heron1 can be operational within a 2week workover follows by H2,3,4, etc,
Skilled workmen are in Mongolia,
Equipment are already in Mongolia ready to be dispatched to the site,
Drilling/ workover can be started at any time from March/April,
The cost of well is the lowest in the world, less than 1.2m,
DQE is potentially massive catalyst to magnify and speed up H1,2,3 etc,
Renewable JV with potential partner/ contractors with IMF/MG supporting green energy,
All in all MATD is in great shape and as other guys rightly mentioned here the fair value share price should be much more.
China board has opened to foreigners.
Guys the game hasn't started yet and lucky investors who have cash available to top up or get in at this cheap bargain price.
This is a real multi bagger from here,
Relax and enjoy the climb,
I ain't got much faith in velociraptor if I recall it's a low percentage of hitting oil? However the current find yeha
Been thinking the publication of the drilling rights on Tuesday is just public official information. Surely all the successful applicants would have been informed by post. So confirmation letters would have been sent out at time of decision as it would have to have been confirmed officially and you cannot have a newspaper as official confirmation. So on that basis MB already know but cannot say until made public. He should have had time to get the RNS done and ready to come out on Tuesday morning. Mind i have been completely wrong on my thinking before and probably will be again. GLA
Research what's coming, land permits, velociraptor drill both will multi bag the share price
jonesy229 - you started a brand new thread just to write that? You can just reply to the existing thread and keep the BB tidy.
Curiouser - MB can blame to Mongolia government again if it’s delayed for whatever reason. 3 months from October… hmm. We’re all but there. Why does everything have to go right to the wire?!
//As it stands, there is no LP. And I don’t care what various Mongolian reps have been quoted saying… I’ll only believe it when I see it.//
This was my initial view but the reputational damage to MB and the company if it doesnt happen is so great, I decided that MB would not have come out and made this statement if he thought there was any doubt it would happen. Just my interpretation fwiw
Judo.
I'm confident due to the recent interview . As long as the local governor does not have the last say then it's all good.
Plus block 5 going ahead
I was winging about MB not doing anything but chasing paperwork and not getting anything else done.
MB has wasted few years of my investment.
Not a bug fan of how he operates
JODO and Doc83,
Completely agree with both of you.
JODO - sounds similar to Hamm!
As it stands, there is no LP. And I don’t care what various Mongolian reps have been quoted saying… I’ll only believe it when I see it.
Master
You're a bit of a puzzle! Sixty odd posts this year already and we're only seven days in: all optimistic and positive, and showing a lot of confidence in what the company say.
I hope you're right in all this because I've a lot at stake too.
However as I recall, and I responded once, about six months ago you, as frequently, pushed a gloom and doom message with a total lack of trust in the good faith and competence of MATD management.
Has that much changed in the interval?