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The share price drop is inevitable and based on the lack of development news.
Not because a couple of bb messengers pointed out that "certain posters" were not telling the truth, the whole truth and nothing but the truth.
i think if mb (or one of his staff) reads this bb he is well aware of what his shareholders are thinking. he's probably ****timg himself in case the mg really stitch him up & everyone ends up losing.
Doc by now i thought he would have DQE and PC facilities paperwork in place.
From 3 months to almost 9 months wasted on LP is unheard of. Anyway I'm sticking around till oil is out of ground.
We might even have two oil producing fields
think it might be a good time to collectively write mb an email asking for some answers as to what the **** is actually going on here the company is being drained of cash while he reaps the rewards of fat pay check how much longer can the company survive without heron oil ?
Master: "I think market has probably realised that we have a slacker leading the company and he ***probably won't have anything in place this year.***"
You were highly critical of my September prediction. Now you're saying it will probably not be this year at all?
Re killing your bank off, it's a paper loss at the moment so does it matter what the SP does in the interim?
Might buy another little bit once we get to 3.5
Lets hope MB didn't release that rns to kill the sp off so he can benefit and he's friends.
I think market has probably realised that we have a slacker leading the company and he probably won't have anything in place this year.
I hope he proves the market wrong.
I think i need to go away and come back in few months.
He has killed my bank off
AI-Inv: With 20mio shares you've still got plenty of money in the bank.
3.4 here we come imo.
I am aghast at the current SP now under 4p to buy. The market does not like the fact we still do not have LP and so much for a pre spud rise. Hopefully we are close to the price where the derampers will start buying back the stock
Actually I think the reason is that you think those with a less than rosy view may well be right and you are getting seriously worried about your investment (if you made one)
Cheeky little top up yesterday and more again today. Not too worried about no news (yet) or falling price. Hope the price stays down until after pay day and I’ll get a few more.
It could be below 3p soon if there’s no LP news
Back in the 3's to buy now ! I really do hope Mr Buck is doing everything he can to sort out the situation of the LP as it seems the market is not convinced with his previous statements ! We need news or just an update would help !
and there it goes below 4p mb needs to sort his **** out and fast people losing money and the mg taking the **** out of the company
can’t get over the fact that there sitting on discovered oil for all these years and not allowed to touch it , **** show
Doc/badprofit what ever your real name is, why do you have a problem with my opinion and then when I question your opinions you don't like it, you don't need to worry about what I think or anyone else to be honest as your not even invested here,
ClimbingWooster: I suggest you be a bit more careful when posting - you could get into trouble.
Bline: That was clearly a BOC comment (bunch of cr*p). Go look into your toilette before you flush in order to understand what I am talking about!
Iamrich I would really like to believe that this statement is true but not any mention for PM and our LP
"The Government's resolution on acquiring the land along the direction of the oil pipeline" for SPECIAL NEEDS was submitted to the Cabinet Ministers for discussion at the Cabinet Meeting
This to me clearly says land and development have submitted the special purpose area permit. Until it is confirmed by MB PM best not pin our hopes on that too much. It's only in the bag when confirmed. GLA
The LP is a land issue matter and land and development have submitted the paper work for this to cabinet yesterday to approve if they see fit, it's a special needs license so matd could access and produce oil relating to the national importance which is the oil refinery
RNS next week I would say, my opinion, this discussion will be lengthy and then they will sign off if they see fit,
When is the next pointless meeting WOS?
I have to give you credit as you alone have manipulated this into the best farce I have ever seen.
Wheres todays -2%.. slacking
Just as a matter of interest are we certain the LP needs Cabinet approval does it just not need sign off by the Minister in charge of that department ie MMHI. If so we do not need to wait for next cabinet meeting which are probably held once a week.
I agree i can almost taste it as well. I feel this could be a very exciting and hopefully profitable few months. Personally i think the silence is because he knows this is tantalisingly close.
When people talk about Mongol Govt wait to save oul for refinery this argument very weak & again BB logic lol.
Govt will lose revenue from PSC and also want Petro Matad exploration / development to grow which happen from Heron production revenue.
Also fit in with invitation to Xcalibur few month back to map resource to exploit & mention if Govt yesterday in statement about exploration & GDP
Very sillly argument say Govt save oil for refinery & only make sense to some people in BB but not real world lol ;)
MMHI had all document ready for submission BEFORE 22 May RNS and Ministry of Construction & Urban Development take over submission BEFORE 22 May RNS.
MCUD 100% right to take over submission because this come under there responsibility not MMHI. Should have done before? Yes but dud not and do it now so NO future problem.
Also MCUD did submit Special land permission to Cabinet yesterday which they say was going to do on own website.
Have no more news on this from Cabinet update which did only mention 8 topic from total of 40.
Maybe Special Permission already sign? Will find out VERY soon & also other news so shares in pocket & pants up.
Be happy & ready for RNSs we have due :)