George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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And Buck may already have the Mata Sum LP signature but is dovetailing it in a DQE partnership deal with a head of company signature for financing H2,H3 etc etc and timing . We already have paid for kit and 2 week working in ready on H1 .
All ready for May start ! GLA genuine investors - ignoring traders
Deatail is everything so while person tell everyone to calm down better to look into this to make INFORM investment decision.
Only person who "won't sign" is Provincial governor - this is for Plan B Special Certification path so let us look at this first.
Special Certification already passed by Cabinet but Provincial governor say small land overlap - this have NO legal base AND (very important) Central Govt power can overule this.
BUT PERMISSION ALREADY AGREE WITH PLAN A - Local District permission which have backing of Land Law.
No problem with Mata Sum "won't sign" - it is AGREEED and waiting for paperwork draft and signature of Mata Sum & Petro Matad company.
*This may already be with company just like when people wait for RNS about money transfer from Finance Ministry - Company (should) but do not need to RNS this.
They prepare for Drilling Season 2024 and this is position now - unless they say otherwise we moving into PRODUCTION / REVENUE this year!
🦉
Calm Down Everybody.All i am saying is .IS nobody bothered about the mongolian's not signing a bit of paper.They no they need the oil revenue BUT WON'T SIGN .If MATAD don't get the voil out this year they have no chance and any Companies wanting to do business in mongolia Will not if they have any sence OK THATS MY RANT OVER .TUESDAY 3PM LOL
Cyberplonk, people are allowed to change their minds. I remember one member on here who was very critical of the Mongols, just like avo333, but he’s now super positive about the situation. Here was his post just back in December:
“do you guys here really think that matd will actually exploit oil? i don't think the mongolian locals will let you, these guys are. so dumb they wil over look the fact they will suffer long term and die out due to now investment in their country, this is just a dumb vs dumb situation, i think matd should pull out and tell the world don't invest in this sill **** country and let them ******* waste away”
Best you sell up avo333, you seem to be affected by this, you keep changing your mind on a weekly basis on your onions
Well another Month gone You can't make this up What a bunch of Nob Heads THe mongolians are
Lol, good on you Hamm. Happy Easter everyone, may the easter bunny be generous to you all and here’s hoping the Mongolian Easter Ink bunny delivers said goods to anyone whose pen has run dry. Gla
Well said Wos.
Mojito, Charity name, not a problem.
Guys have a lovely beautiful good Friday and Easter.
Guys, Enjoy your holiday and get ready for the biggest jackpot you might ever have in your life.
God bless all
Mr Hamm
I just put this as header because it get mention but you are correct - only difference is it takes a few weeks but was very fast move.
We have few less share then but Oil price much lower & company was far from actual Production - but all can see potential.
Now company have MUCH more going for it but sentiment low because of LP delays - if people look at what ACTUALLY happening (and not BB chit chat) OPPPRTUNITY is obvious & with all Newsflow LP RNS will open.
I did buy some more yesterday with position of accumulation but this is my strategy for longer investment position (I have very good idea what this company building into).
35p price level will be hit again am (almost) 💯 sure of this - all do own research.
🦉
Hamm, can I be the charity of your choice ?
Always focus on INVESTMENT!
Higher Oil prices - Improving Investment conditions - Greater capex financing available / Growth of Renewable - Legal position covered - Central Govt support & District level Approval for LP
Investment case only get BETTER!
🦉 and about to 🚀
I really don't understand why some people constantly get worked up over the fluctuations in the stock price. In my opinion, this is a stock you invest in at a certain time because you believe it truly has potential. Whether the stock rises or falls by 30% doesn't matter to me at all. I'm bracing for either a total loss or hitting the jackpot; everything else is just trivial in comparison. Therefore, I really can't comprehend all the fuss and numerous comments some people make here whenever the price shifts a few percentage points. But well, to each their own.
Guys, you will be amazed how fast the share price goes up.
I have seen it when gone up from 3p to 35 in a c couple just days.
The share price is absolutely a bargain.
I think that quite a few punters may have got in @ .02p to .03p so maybe they are happy with their lot are selling up and moving on to pastures new ..Have a very pleasant easter to you all..
Who wants to be out at this price at this stage?
Not too ar to help sorted.
Heron equipment are all paid ready to be mobilised in just 2 weeks workover.
Great opportunity, great time.
A regular meeting of the government was held, and it was decided to submit the draft law on the National Wealth Fund to the State Great Khural for discussion as a matter of urgency. The government agreed with the political parties sitting in the parliament.
Article 6.2 of the Constitution of Mongolia stipulates that "the state policy for the use of natural resources is based on the long-term development policy of Mongolia, to guarantee the right of every citizen of the present and future generations to live in a healthy and safe environment, and to collect the benefits of the underground resources in the National Resource Fund and receive them equitably and fairly." to discuss the draft law on the National Wealth Fund and submit it to the Parliament in an urgent manner.
With the approval of the Law on Natural Resources Fund, as natural resource projects become more active and profitable, a legal framework will be formed for every citizen to create savings accounts.
The beauty of the Filter Function is that that you can Filter all the unfunny dysfunctional idiots..
Seems like sneaky buying here today below 4 and very little ramping. Very unusual for matad and Wos...
Maybe hé has inside information? ;)
Nobody on Facebook? ;)
Maybe i should be some...wouldnt want to be out of the weekend... rns can land any second? ;)
See you Tuesday
= two things:
1) for my daily FIX of WOS
2) I've stayed lucky with this punk puppy for many years now
PS; header say only part of it all this time, Sir
= two things :
1) I should not be here
2) header say it all, Sir
PS: top for me soonish here, Sirs.. sometime early April ...even if I don't get it at 3.5 p.. but I might, still
Wigster77, really lovely thought so I will do the same.
‘Hamm, if this 10-bags on signature of LP alone I'll donate £1000 to a charity of your choice.’
Yes I agree Cyber.
We've waited for this a while and some perseverance and patience is now required to see this through. I am sure Buck and his board are aware of the situation and understand shareholders concerns. For us LTH a few more days won't make that much difference
GLA
Effectively the end of March. A little aware of the time window for the permit to come one way or the other, as I am sure MB is too.
I always felt end of Feb ideal but happy to wait until end of March for the SP or LP to be issued. Also aware of forthcoming elections and other influences that could create postponements and sincerely hope that the permissions are formerly granted within the week or two maximum after Easter. Otherwise, dread and fear will creep in.
Don't eat too much chocolate folks!
Hamm, I think buck knows exactly when this land use agreement will be drafted up by and sign off will happen so won't do the AGM untill then,
Next week looking good here beena month to get paper work done and I'm sure they too have a time frame to have this sorted by,
Loads of people sold out due to the bank holiday weekend and guessing massive buy back will happen. On Tuesday as we open up, plus the time frame suits for this to be signed off
Happy Easter weekend everyone.
Try not to spend it bickering on here 👍