Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
Professional, you are like the guy (olderwiser - ironically), who spent weeks and numerous messages talking how 88e would not show any decent flow of oil. He used similar language to yourself laughing at those who continued to hold and warning them to get out while they can and he put forward some strong arguments regarding no observed flaring etc etc. In the end he was proved wrong...and his condescending, smug and ultimately ill-informned opinions were little more than an annoyance that most investors ignored. I see you as very much of the same ilk, especially calling the share virtually worthless which is plain stupid. I hope and trust that in a relatively short time you will go the way of older wiser - who has an equally inappropriate moniker.
Ignorance is bliss ;)
Keep the blinkers on..
And for once buy some shares tomorrow
Pathetic
@Prophetus.
You got it spot on. Totally agree.
Don't think there is anything more on the topic of LP to discuss really, land use is being drawn up for it to be signed and off we go to production,
Real discussion would be how fast are we going to put wells on production and how much are we going to make?
Is this a ten bagger plus stock by year end?
Deffo few bags soon as the next RNS lands which could be any day
What you are talking about is really nothing happening for another year. I don't think this is at all realistic. The last RNS suggests that due to the agreements obtained so far, the teams are being readied to go ahead anyway. What was contested was a small area of overlapping land which i think is easily resolved and perhaps already has been. In my opinion we are to all intents and purposes already over the line, and talk of raises and nothing happening for another year are just plain wrong. Look at the last RNS.
The "will of the people WANT Block XX development with jobs & royalty revenue this will bring.
The people of Mata Sum are ones that count because under Land Law it is there right to grant LP which they already AGREE on.
This was always PLAN A and the "will of the people" SUPPORT Petro Matad!
Think few will get caught with pants down soon 😏
🦉
I would tend to agree unless we get a RNS in next couple of days then this will not go anywhere until after the General Election. No politician likes to go against the will of the people when there is a vote in the offing. If nothing soon this could well wait till after the Mongolian summer holidays and not till September this year.
We know that there is enough in the kitty for the first of the operation in block xx so there is no need to panic. Nobody is going to pump in further cash unless they have concrete evidence of why the cash will be needed and exactly what are the benefits in this further cash injection. If a need arises it will obviously judged on its merits and what effects if any it has on the individual concerned. In the mean time take one step at a time.
GLA
June 28th is the election - they will need cash, so wont be surprised if they will raise cash during this period.
So MG will hold back signature until company "properly invest in renewables" 😂😂
Be Sensible 🦉
LOL!
Without signature and without money for renewables this share is worthless imho.
The later can be solved the former maybe sometime soon or not.
I am expecting as said before that MG hold back signature untill MB has properly invested in renewables.
Of any project typically 30% is equity financed so even a small 100mln renewable project would need 30mln..
Lets see. Dyor
I don't think a raise was on MB's mind. However, it is prudent to make sure the business has enough cash to keep running, well in advance of it running out. We had cash until AT LEAST July, so let's be optimistic and say until the end of this year. Any sensible CEO would surely make sure funds were secured 6 months in advance.
Of course, MB and the team cut defer their pay or undertake some other cost saving measures while this process runs its course, in order to extend the cash runway.
In summary, it is imperative we get producing oil ASAP. We'll know soon enough because he can't delay the AGM much longer.
I am.goi g for DRILLING /PRODUCTION /REVENUE (with major share price Re-rate) before anything else! 😏
🦉
How much money do we think they need?
At what price will they be able to place it?
And what is the expected dilution?
I am going for a small raise. Hoping to get some future cash from heron.. 12.5 mln is my guess at a price of 2.5p so getting 500mln extra shares or almost 50% extra
Lets see. Just imho dyor
TUMENTSOGAN PROPOSED TO HAVE A LEATHER AND LEATHER PROCESSING FACTORY IN THE EAST REGION ✅
A meeting was held with the people of Tumentsogt Sum, Sukhbaatar province.
About 150 people from Sumy participated in the "Eastern Region-Regional Development" meeting to hear the opinions of the citizens and provide information about the concept of regional development, the main laws to be discussed in the spring session of the Parliament, and specific decisions of the Government.
According to the questions and suggestions of the citizens, the boiler and heating station, built in 1978 with the support of SAA, currently has a 1.5 km long line and provides heat to two apartments of 50 families and more than 20 enterprises. He warned that due to the failure of the reforms to be carried out on time, it is reaching the "zero" level, which cannot support the load, and said that it is necessary to reform with the investment of the state budget.
n.Ganbaatar: Whether Petrochina Dachin Tamsag is operating according to the law, the price of fodder is rising rapidly. Social Security has high deductibles and taxes. Do not strangle the people with tax policy. He suggested that subsidized loans in the field of agriculture do not come to Suma and local communities at all.
Amarjargal, a representative of the Sumy Assembly, citizens Uuganbayar, Tuvshinjargal, Legziimaa, and elderly Oyunjav on the issues related to the postponement of cattle loans, Khentii province budget, MIG insurance, pension supplement, social insurance package law, and the repair of 50 km of "hell" roads. clarified and got an answer.
The people of Tumentsots proposed to have a flour factory in Sukhbaatar province and to establish a leather processing factory in the Eastern region as part of the industrialization policy of the region.
The team to inform citizens of regional development concept B. Bat-Erdene, Member of Parliament, Minister of Mongolia, Chairman of the Olympic, Public Physical Education and Sports National Committee, H. Bolorchuluun, Member of Parliament, Minister of Agriculture and Rural Development, Member of Parliament Ts. Iderbat, Mongolian Prime Minister's Regional Development Adviser U. Otgonbayar, Dorno Province Governor and Eastern Regional Council Chairman M. Badamsuren, and Finance Minister's Advisor H. Altai are working in sum.
Jimi - if MB wants new mates, he can just come on here and spout off a price target for MATD many multiples north of the current SP. People love that.
If this keeps up Mick Buck won't have any mates like there won't soon be any share holders either. I've sent my carrier pigeon over to Mongolia with some ink for the pens, let's see if they're any quicker than the snail pace of things over their. GLA
Researchandhold said //BP is like a stain on humanity//
Because PIs will be strictly limited as regards placing shares - most will go to MB's "mates".
Jim i will not be buying @4.5...
Just trying to help Hamm. He seems desperate to buy shares but unable all the time as their seem to be no shares available....
Why buy at 4.5 when you'll be able to buy cheaper when they do this placing you keep harping on about 🤔 GLA
Yes Hamm lot of shares you can buy at 4.5 ;)
@Sageman ; there is a very strong resistance level at 4.5p which has been touched several times in the last few months. It will need the volume of a positive RNS to punch through this.
Mr Michu
My target price is multiple of 35p (for my investment timeframe) but no point to discuss this now - one step at time.
I did say almost CERTAIN this will reach 35p again like it did last time with very fast move from 3p to 35p!
🦉
Do not really worry myself with what you "anticipate" sir!
Think bigger concern for many will be not holding when LP come whatever any else opinion including my own.
I look at Agreement reach with Mata Sum, 132 tonne fuel given and all rest. Do not think Mata Sum local council worry about election but about $200k.
I hold and comfortable for RNS release / Block XX development / Gateway for Multiple Newsfloeso no worry about breath hold or not 😏
🦉