Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. 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.
“ they have AGREEMENT and already stsrt to plan Operational start with just admin function now.”
So if this was the RNS confirming we are good to go, why hasn’t the SP rerated? I thought it was “10-15p on RNS” and then multi multi bags thereafter?
Aeschylus, whatever the comments re the guardian article, it was very interesting and valid research if investing in Mongolia, whilst not specifically about pm, it is a reminder that the bigger picture is important in assessing potential hiccups in specific investments. In Mongolia which is moving into the 21st century, highlighting potential delays is very useful, especially as PM are going for new blocks
Before anyone say "we wait for paper last time" (because this BB is like that with some poster lol) - Before we go thru Cabinet level process and then local governor who try to block Special Certification.
NOW
We go thru Local Mata Sum who ALREADY have agreed, have FINAL say above local governir (under Land Law) and are Pro Petro Matad with very simple beauracratic structure.
Hope this makes sense - research it yourself.
Be WISE! 🦉
Mr Aeschylus
Do not think it have anything to do with protected area really. If you read RNS from before it say Governor have blocked all new development from other companies also with "no reason given" - we can guess at any number of reading why including Environmental group pressure / money 😏
This is why Special Certification thru Cabinet started BUT also show his influence with Local Citizen group gone now.
Local Citizen group of Mata Sum always one who make final choice (for Plan A route) - this choice made & confirmed - now local (Sum) level signature on Agreement only.
When posters here say Petro Matad should "pull out of Mongolia" and other things this is crazy talk - they have AGREEMENT and already stsrt to plan Operational start with just admin function now.
Also Local governor need to be careful not only of Central Govt action but herder support taken away.
Petro Matad have done good job in local Mata Sum and why herder population so aggressive with Eco supporters.
Everybody apart from BB posters expect Operations / Production for Drilling Season 2024 - this is not like delays before - we have Local Support Agreement now!
🦉
Next RNs, we might get more info regarding the size if this overlap and whether there is any planned drilling in the area. (Unless the Governor has caved in and signed🤞 )
Researchandhold said //BP is like a stain on humanity//
High risk - yeah, High returns - hm.
There is a reason why the slogan
"High risk delivers High returns " is used many times.
This is one such situation.
GLA
Maybe BP. All I know is I'll check out the political environment more carefully when investing in future!
Researchandhold said //BP is like a stain on humanity//
//Maybe PM needs to offer to do some land protection/preservation investment//
PM needs to say it will pull out of Mongolia & issue a global warning to potential investors there if it is not given the immediate go ahead!
Current market cap looks way too cheap to me, yes, it has been a long wait but we are now nearly, nearly there, not just nearly there as per the Dec 16 RNS I think the meeting to agree LP on 28th Feb will put a lot of political pressure on the governor. 6-8 weeks till drilling season, would love permit confirmation next couple of weeks and workover rig booked for May. I added 3 times today
Maybe PM needs to offer to do some land protection/preservation investment ONCE it has approval and making money 💰 to overcome the last opposition.
Link is in red where it says
Mongolia pledged to protect 30% of its territory by 2030
Might explain where the governor is coming from.
May be of interest. A recent (ish) article which has a link to a study on protected areas in Mongolia.
https://www.theguardian.com/environment/2024/jan/11/wildlife-is-in-crisis-mongolias-struggle-to-restore-species-on-the-brink-aoe
Patience is the key here. This ride is on course and will deliver . The local guvnor is most probably irrelevant as far as his views are concerned and has most probably done damage to his status.
As WOS (and I agree) says the second RNS is on the cards for shareholders
GLzA
Yes I agree
There should be income from these Wells before we start looking at 10p plus.
There is no doubt the potential is there. A lot of hard work has gone by all concerned to get this moving and if all LTH keep the faith we will get there
Interesting to see if anot
Researchandhold said //BP is like a stain on humanity//
//10p should be easy on this one if people hold up for//
The "hold up" is gonna be MB saying "Stand and Deliver" at the next raise!
Once land use is signed off for drilling to commence I think that's when we will get to 7p plus, and then breach 10/12p once production happens
10p should be easy on this one if people hold up for
Researchandhold said //BP is like a stain on humanity//
//Confirming Local District Approval is MATERIAL!//
Would that material be FLANNEL?
Did you call company or analyst and have a chat?
Confirming Local District Approval is MATERIAL!
🦉
Since we are in speculation mode, I wonder if the activists are paid by the governor to stir things up to suit his agenda? Considering they appear to do very little in the way of actual paid employment they seem very well dressed and have nice apartments and cars ! 🤔
If you disagree: fine. My advice Buy if you believe your story
Master in my view was not material.
Spiked because people hoped it was material as somebody had given that impression.
I sold on the non news and now comes back again to pre news level. All makes sense. But you need open mind to see
Aim just as corrupt as Mongolia but we still play the game. GLA
If it wasn’t material. Why was RNS released and SP spiked.
Do read what you write