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🚀off we go 🤩
Price hasn't moved?
🚀off we go 🤩
"The Ministry of Mining and Heavy Industry (MMHI) has also signed, leaving only the Governor of Dornod Province to sign. He has said he will sign once the money to make compensation payments to the 10 herder families impacted by the certification of the area has been transferred to the Provincial Government account".
In black and white.
Last signature and off we go.
Mr BP
Price will do what it want, how it want - you will notice most people who have obsession with price are little trader who make big judgement on day move.
I look for fast track / low cost full field development with 7,000 - 10,000 bbl a day production. Of course other development Renewable etc also happen in this time.
This is my investment timeframe / goal. If I can share my own research with BB during this time I will.
Lot of good honest investor here also & not just ones who play games on BB
Be Wise & focus on INVESTMENT 🦉
Researchandhold said //BP is like a stain on humanity//
Happy New Year all! (except R&H)
I'm just wondering that when the LP fails to deliver the much-vaunted re-rate what will be WOS's next target for kicking the can down the road - Heron workover begins? First oil produced? Summat else?
Think you will find lot of company ARE investing in Mongolia - they do not care about opinion of BB poster lol.
They have expert analysis of country / economy / investment structure and can see how this push toward improvement.
Did post lot on trade missions last year in luding visit by Macron, reports from major banks even visit by UK trade secretary Ms Nusrat Ghani.
Lot of country jumping to invest in Mongolia so do not worry lol
Do research 🦉
Header says all
Wos: No one say funding will not happen
Again a new tune. But fits with him selling now. Good luck Wos.
I have enough info now. Byebye
Well this gives a strong message to companies wanting to invest in Mongolia (DON'T DON'T DON'T ) A sloth as more speed than these Nobheads
"sufficient working capital to operate betond mid 2024 as a going concern AS WELL AS commencing Appraisal AND Production operations at Heron oilfield in Block XX" - Final Results RNS 20th June 2023.
No one say funding will not happen BUT options very different for Zero revenue explorer to REVENUE GENERATING PRODUCER!
One who wait because they want to see how this go maybe miss point of investing in upcoming major shift of company to Production - also all other developments which fast track low cost / full field development.
🦉
You're not wrong WOS, it should be quick.
I agree entirely and I'm sure that 'funding' covers only admin, staff expensed etc
Funding will come from somewhere, hopefully after LP granting and share price re-rate.
Raising money to produce and sell oil is money well 'spent' and we'll get it back in Spades.
As ever with MATD, best to push the expected news date far out. End of Q1 probably about right. However, if we go into April with no materially good news, then I'm fairly sure MB will raise. Funds until July 2024? Yes. But any sensible CEO would never let it get any nearer than a few months before he makes sure the lights can be kept on. Of course, they could cut some costs or withhold pay until we get that good news.
RNS Immanant or take an age? - think post at 05:51 today discuss this and why only point I do disagree with your post on mr Thorngasson.
Money in MRPAM account so usually can expect almost immediately - Mongol time we give little longer but even with this should not be long if transfer instruction needed.
Do not have to have Cabinet Meeting or Multi party compensation negotiations for this.
All rest agree everything in place for major Re-rates / Uptrending share Price
Tic Toc as you say 🦉
I'm afraid the truth is that Mr Buck probably has no idea when it'll happen, he'd probably waited already and thought he ought to get something out late last year?
But it'll come when it comes. If we know anything about Petro Matad and Mongolia it's that it all takes an age, but it does happen.... eventually.
The last 3 months have shown me (thanks to Dozz and WOS) that the Political will in Mongolia does exist to push this through and that it won't be possible for one man to stand in its way, for whatever reason.
The Herders are happy and anti-oil activists are on the back foot, Politicians both local and national are on board.
Not much to discuss here really until the LP lands and then only to discuss the share price, hold/sell/top slice or even buy?
Then await developments and further RNSs, oil related and hopefully renewables.
Tic Toc.
For all the traders that made 30% and take the gain i say well done. Good for you...
But i know some on this BB shout buybuybuy and are in fact shouting sellsellsell to their broker. That is what i dislike and will keep calling them out till they are gone or i get bored;)
Pro, most who are selling is likely to have 30-30% gains which is sensible to take
Viking no stress on my part.
I have no position. Not long not short .
I see who are selling yesterday and today ( and probably for longer) . Says it all what they really think will happen.
As said many times before: i have no problem with traders, no problem with overenthusiastic dreams.
But i have a very big dislike for rampers that trade on it. The ramping crews. Like we see here in action at least whole of 2023.
Pro - we have been here before and the sp movements is nothing new, why are you so stressed about it ? 👻
Header says all. Keep to facts.
If no rns this week. WoS will post a critical note about the company. Never happened before so will be unique....or will the ramper just keep ramping and kicking deadline down the road... mmmm
Hamm brilliant. At what price you want to add. I can get them for you if your broker cant. Enough shares
Smart investors know this great opportunity.
RNS confirming land access =rerate double digit.
Add while you can.
Guys,
Thank you MR WoS for clearifying. So SOON is immenant. Which is even faster than SOON.
So it should be this week. Thanks! Lets see.
And make sure you post more than you buy again guys. I will too cheers
Last stage now - expect RNS - simple!
🦉
Thank you mr benjamin lol)
or **** maybe!
WOS, give it a break pls!