Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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WOS.... please.... stop. Just stop. You are really getting boring now. Facts:
This share is a dog
CEO bent as a £27⅓ note
WOS full of $h!t€
Nothing but delays and broken promises
Every day money reserves dwindling
Ponzi pyramid scheme
There will be a raise the question is when that raise will be. I tend to think it will wait till after we have got the permit signed off and we are ready to go. The SP i think will raise by a bit on the news probably to around 5-6p and the raise will come at around that price.
The reason i do not think there will be a raise now is who other than use here will buy into a raise as there is still no guarantee that this permit will come. After all we have been guaranteed it for well over a year now and still now sign of it.
The only alternative would be a rights issue to the shareholders. But i tell you i would not be buying in not any more i have done my buying i will take my dilution in terms of not as much profit i might like but my out price i think would still be very achievable even after dilution.
Personally i have wasted enough money on these enterprises with nothing but promises.
You could be right cyber but many have pointed out that the board would have to inform the shareholders at least 2-3 months in advance of a cash raise and some including myself think this is a very valid point.
There is a very good possibility this is on the cards tomorrow.
Raise not required until end of June two months away, meanwhile the land use could be completed Any day or even next month,
Why are so many grown adults here coming up with so many assumptions and theories is just doesn't make sense to me wait and see what's happening at the AGM first then wait and see what happens rather decide the year before on what your wearing for work lol
My suspicion is that many important issues haven't been resolved and judging by the amount this is taking we will see a drop in the SP but not by too much as there are many waiting in the wings to dive in to scrap a few quid in case it falls below 2.2-2.5. So unless you are totally convinced there will be good news all round ref production starting July or around that time Manx you have called this right.
GLA
Prophetus - can you elaborate on the different funding opportunities MATD has in the event we are not producing oil/revenue?
Mr.Emotonial
You do not understand that a Petrovis loan would be worse than a raise for LTH... not for a trader i have to add
I do not know if PM raises now but imho hé shouldm
The longer hé waites the bigger the discount (and dilution) has to be
Lers see. Relax. Mate
There is no raise tomorrow, we are fully funded until end of July and oil may well be pumping before that time. There are also other funding possibilities. Don't fall prey to the de-ramping brigade.
Lol....
All your "research " have only resulted in wrong decisions. Simple.
You are now not even worth replying. Everybody has seen how wrong you are. Always. For months and months. Amazingly bad... bye bye
Flap off owl
Roxy, difficult to read.
I suspect down a bit as a raise is becoming necessary for survival. Then the bounce but less than hoped due to dilution of shares.
Unless they drop the suddenly acquired good news RNS that the permits are all signed, sealed and delivered and production can run with good revenue streams immediately. I doubt this as the elections are now upon us so only a 50- 50 chance IMO.
Header say All & keep focus on INVESTMENT!
We have long period of drill window & Petro Matad continue with Operational preparation for 2024 season.
They did expect developments from few protestor which base on 'disinformation' - information which is not correct & which they correct with Mata Sum - Agreement already made and will be completed.
Other News in RNS mention Renewables - as Mr Thorngasson say 'What if you have early stage Renewable company in potentially Global BIGGEST market & HIGHEST level contacts / Contracts already sign?
WE HAVE THIS!
Poster on BB who make up figure should maybe research how much Funding thrown at sector in Mongolia now.
I mention Asia Development Bank & other sources plenty of time while he pluck figures from who know where - ADB give OVER 90% of funding amounts for first large scale BESS project (with some ifcrst from Japan) - I expect same for PM/SubSteppe. This is seperate from all other funding sources into sector like China!
Back to Block XX and think lot who 'panic sell' Thursday goingvto have very hard time soon with 'flip flopping'!
Focus on Investment - be Wise 🦉
'Maybe of Interest'? - I remember mr Jimibrush posh article BREAKING NEWS which was over 10 year old and even have different CEO named!!
Other time he post Petro Matad "LOSE LICENCE"!!
This thing he post is old news - you can see reference in 2018 US Embassy Investment Climate Statement 2018 document.
Investor should maybe look at PSC terms to understand things!
Be Wise & better Research! 🦉
Congratulations to those now knowing what and who petro matad is. 👏👏👏👏
Folks .
AGM Tomorrow. Which direction is this heading.??
Any guesses ??
At the end of the EIN news article it even states the following:
EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome.
Is this fake news?
It is written by Creative Forces who are team of creative media people in Mongolia.
https://www.facebook.com/profile.php?id=100071890694053
https://www.linkedin.com/company/creative-forces-llc
I can't see any other reference to this "shockwave inducing" news from any reliable source, but maybe someone else can?
Wow, my two posts got deleted very quick!!
You simply can't make it up can you? Found oil but can't take it out? Never ever happened anywhere in the world, regulatory and procedures I understand, but over 4yrs is taking the biscut!
That is very concerning! That explains a lot... why we are still unable to access oil after 4yrs of discovery! And if they decide to do what is said, there is nothing anyone can do anything about it!!
Doc83 - you are losing sight of the fact that MATD is predominantly owned by the largest privately owned oil and fuel company in Mongolia. And MATD is actually a subsidiary of Petrovis - look at their website.
It may be listed on the LSE, but as per the Petrovis website, it is has ' predominantly Mongolian ownership. '
Has everybody seen this on the Petrovis website ? ;
https://en.petrovis.mn/subsidiaries
I hadn't realised that PM is actually a subsidiary of Petrovis. Frankly I'm amazed that senior people at Petrovis don't get more closely involved with sorting issues out for MATD. And do the activists even realise that MATD is a subsidiary of the biggest Mongolian privately owned oil and fuel company ? They seem to make xenophobic remarks about ' foreigners ' exploiting the natural resources of Mongolia. Contrast this with PetroChina, who are a Chinese state owned company.
One of the pros for thinking this will come good eventually was that to not give MATD the right to extract oil they’d found would look very bad and could discourage inward investment into Mongolia. Reading that article you’d have to say they don’t seem too bothered if they get foreign investment or not. While labelled a nayer, I always leaned towards thinking this will eventually come for good… it was how quickly it might that I mostly disagreed with on here. However, I am now leaning the other way. MB is going to have to pull a big rabbit out of the hat on Tuesday to restore confidence.
ULAANBAATAR, SUKHBAATAR DISTRICT, MONGOLIA, April 27, 2024 /EINPresswire.com/ -- Mongolia's recent amendment to its Minerals Law, granting the government authority to seize up to 50 percent of shares without compensation, while restricting project owners to a mere 34 percent and compelling the remainder into a forced sale, has sent shockwaves through the international investment community.