The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Please please please will the FIVE people who have recommended Hamm’s inane post identify themselves?
I’ve proven beyond doubt multiple times what a flip flopping hypocrite he is.
Well, you have to determine what quantum is.
Structurally it is.
These huge sites, once built, need an enormous amount of safety checks, risk tests, environmental checks and tests, before insurance policies and operational certifications can be granted and it go live.
Regardless of the reasoning. It is well underway and happening. Last time you posted a month or two ago, you were suggesting it wasn't anywhere in sight, which was the sensational headline that was over exaggerated.
It is, but perhaps not quite as quickly as we all want.
Wos thanks for that video very informative, my only green box here seems to be running around like a headless chicken 🐔 😂
//The refinery is well over 1/2 built//
Not time-wise it isn't.
Can we have another picture of 2 people shaking hands that PROVES conclusively that PM has everything done & dusted for Heron production (& sales) to commence?
Good morning, BP.
I said the refinery was over half built. I didn't shoot you down nor did I intend to. Sorry if you felt that I had.
The refinery is well over 1/2 built. These things take a decade to build. My son worked on the Steel City refinery in Kazakhstan and this is his view.
Delays and time slips do happen due to one thing or the other. But the overall build is well underway and over 1/2 way there for sure.
//Refinery is not relevant to PM operations.//
Why, then, have rampers in particular put so much emphasis on it in the past? Surely selling oil to China was supposed to be just a stop gap until the refinery came on stream.
It is called Deramper RED HERRING
https://youtu.be/AzHbQpedtMI see 12min 30 sec in and include some cost structure
China refinery fine until Mongol refinery built. No problem at all for Petro Matad but only problem for BB experts Lol ;)
Oil pipeline is going from PC facilities to the refinery. What are people trying to say is PM will truck it to the refinery which is about 500km away.
Doesn't make business sense. PM will always have to rely on PC facilities, refinery or no refinery.
Refinery is not relevant to PM operations.
Petro China's Block XX oil appears to be going somewhere to be refined/sold.
It’s amazing some post about the refinery as if it’s the only way to get oil to the market, you must try harder imho gla
Lots fo green screens. Sounds derampers get nervous.
Just add while it is quiet.
Guys,
BOOOOOOOOOOOM!! 😜
Soon enough 💰💰 😊
I will stop to share research mostly BUT will STAY invested for HEADER target.
Sneakies do not realize how much damage they do to sentiment here but does not affect me. I RESEARCH / SHARE because I want to.
My TIMEFRAME in header so no problem.
If someone trade up to them but think ALL know how some ones here do try to manipulate with DELIBERATE misleading / doubt / ANAL discussion like Gas Meter Regulation of UK :(
They shoot themself in feet because if they act honourably price will have get FAIR VALUE much quicker & NET profit for them even greater.
Is no problem for INVESTOR like me & some other here. We very confident for this to happen
"In the SHORT RUN the Market is a VOTING MACHINE. In the LONG RUN it is a WEIGHTING MACHINE".
In meantime will leave BB to discussion of CaC & Doc with special guest Bad Prophet :(
Be Happy & ALWAYS keep focus on Fundamentals / Asset / Progress / Sector / Company development Cycle & Stage (we moving now to REVENUE / PRODUCTION).
All this IMPORTANT things
Leave talk of "green boxes" to simple people who actually do NOT want to focus on INVESTMENT.
Again BE HAPPY & will always wish other investor GOOD MORNING :)
A green filter box this time in the morning can mean only one thing. Someone can't stick to his word
Mr Garymbrock
You day you have FILYER me at least twice but look like you tell untruth & cannot get enough.
Bit like little Chinese restaurant owner you talk about & he deliver Sweet & Sour prawn ball to house. Keep someone happy :)
Maybe you do not want people to READ my post for selfish reaon. Like you say "you have to try and trade MATD" NO do not HAVE TO!!
Refinery
All INFO here direct from mr Buck about TRUCKING OPERATION through PC facility / China refinery.
5% discount to Brent crude and all trucking cost paid back to company (12 min 30 sec in)
https://youtu.be/AzHbQpedtMI
Hope Prawn Ball was tasty ;)
Since WOS said “I’ll take a break and watch sneakies” a little over 24 hours ago … he’s posted 4 times… haha.
As Doc illustrates… just because he had permission to marry his wife from the in laws it didn’t mean it would happen and certainly not immediately.
This share price isn’t a short term turnaround… but I’m as convinced as other LTH’s that indeed our patience will be rewarded… just on the usual… MATD way.
All the ‘You are trying to get lower entry price sir … have No InFO .. no INTEL. … “
you have to try and trade MATD … WOS supposedly is all in … “I have my shares happy man:)” just hasn’t worked with MATD over the months and years….
… tag team “GO” … get on there and round on any desenters …. there’s a balanced view trying to be established … stamp it out .. get it on there that you look forward to WOS nonsense!!!
Told ya the refinery date wouldn't be met & got shot down for saying so! Someone (I forget who) said it was already 1/2 built - PMSL.
Don't mention the refinery, oh no your not allowed because its insignificant it has nothing to do with PM So send yourself to the sin bin you naughty investor you.
PM will have to use PC facilities either way. PM will not be selling to the refinery direct. It will always have to use PC facilities.
Refinery won't have any impact on PM.
Contractors are now saying no earlier that 2028 completion for Mongol Refinery and could slip again.
JMC have just about finished (water pipeline, electrical grid connection, water storage)
Megha (main refinery and captive power plant) and Norinco (oil pipeline to Dornod) are just getting started.
So any Heron sales route will be via PC for a while yet.
I agree Badprophet, sticking to the RNSs is usually more reliable than the bulletin board posts although there are exceptions of course.
Petro Matad's tell an un relenting story of missed opportunities, delays, poor management and shareholder dilution.
Until Mr Buck took over.
First off he ditched the Bergen death spiral finance in favour of a straight equity raise.
Then he started a drilling programme that included Heron.
Since oil was found he's applied pressure to overhaul Mongolia's mineral/land access laws with recent results, no small feat I would suggest.
He appears to have built an excellent working relationship with Mongolian ministers and Parliament that stands us in very good stead as the company moves forward with oil and renewables.
I feel in very safe hands.
The RNSs read very well.
Honest and straight forward with minimal to no spin.
//Bad . You don't have a say on who can post on this board//
No I don't - but I've been told many times to STFU so I guess it's OK to reciprocate?
Considering the low or possibly the bargain sp, I wonder why the majority of late transactions are relatively small? There should be a much larger uptake. PM potential and current potential cannot justify a falling price, unless!!!!!!
Bad . You don't have a say on who can post on this board