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It just feels like only the less sensible post on these boards, why do people expect things to get down over night?
Give it till the earliest end of the month atleast, and for what's coming multibags and company going into production, it's big news and if people can't hold for a few weeks the it's your dumb loss or theirs,
Ramp or deramp, what counts is what's on the last RNS end of,
Might not be relevant to PM.
β
PROVINCIAL GOVERNOR M. BADAMSUREN MET WITH BUSINESS UNITS PARTICIPATING IN THE PURCHASE
Today /2024.01.05/ a meeting was held with the local enterprises participating in the tender in connection with the approval of the 2024 procurement plan of the portfolio manager.
At the meeting, the updated version of the "Law on the purchase of goods, works and services with state and local property assets" and brief information on last year's purchases were presented.
The governor of the province stated that he is following the policy of supporting small enterprises and organizations by setting the threshold criteria for participating in the procurement of enterprises to be the lowest possible, dividing high-value work into packages, providing equal opportunities.
Also, a training course will be held on January 19, 2024, to introduce the revised version of the "Law on the purchase of goods, works and services with state and local property funds" to the companies participating in the tender.
All depends on land access to unleash DQE, etc to follow.
As simple/complcated as that.
Technically should/could be any day and it will be.
Next 2 weeks max. No reason to be more than that.
Who wants to risk and miss this great opportunity now?
R&h: I would generally agree to that - although the begin of PM's oil extraction operations could be dependent on contractual, admin or other aspects triggered by the LP sign off causing further delays - I truly hope they don't crop up but with PM you never know.
I bet its all approved , just conditional upon LP sign off then setting of start dates
Could it possible be that it cannot be approved until LP is approved π when LP is approved they can confirm dates and resources etc
.......and put it all in one big RNS and watch the re-rate!!
Extract from RNS 5th Dec 2022:-
"Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have continued and a contract for a multi-well development drilling programme is in the final stages of discussion. The contract envisages a reduction in drilling costs and deferral of some costs to allow a portion of the drilling expenditure to be settled from future production revenue. The contract still needs to be finalised and agreed with DQE and then with MRPAM, but the cost reductions and payment phasing could significantly improve project cash flows and overall asset value since the largest portion of the Heron development costs are drilling related. "
Then:-
Extract from RNS 14th February 2023:-
"Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have been completed and the contract for a multi-well development drilling programme is with DQE's head office for review and approval after which we plan to seek the approval of MRPAM."
As soon as the fund released and land access secured MATD will be a printing machine.
Welcome to reality.
Hamm - rumour has it the Governor of Dornod has taken a sabbatical for 2024... :D
It has already been a couple of weeks since compensation money paid and waiting to be approved.
A week or 2 max is my guess. RNS will rolling then after. One after another.
Massive potential for investors.
Researchandhold said//BP is like a stain on humanity//
Hamm - I will make the same bet with you that WOS refuses to take:
If the SP stays above 5p for at least a week after the LP/RNS lands I will stop posting. If it doesn't you will stop posting.
It is tedious but it will come. Last episode. Any day.
Worth waiting.
Serious rerate.
How many more ministries does this need to go to Finance ministry latest one . Only Ministry of Silly walks to go and we should finally cross the line
The Dornod Gov is busy paying the herders compensation π
Very SOON πheader says all
You need to go to specksavers
If that is the case why are you here?
It is an irony, isn't it?
You guys the nayers know what would happen when the news comes?
We are gonna be rewarded handsomely.
Seriously multi bagger. It is as clear as day light.
....any day now... ππππ
Fact RNS in the next 10 years
Either you are invested and have faith in the company or you are not invested and has no faith then no need to waste your 'valuable time' here!
Thanks to WOS with all his research/input.
Sentiment shifting fast and FOMO will kick asa we get the last hurdle removed. One signature and we are on the way.
Great timing to add or get in.
Fact RNS anytime guys.
WOS stop saying any day now you have said the same thing all last year its getting boring your the same as all off us we no NOTHING OK
To me it sounds as if Landicams is talking to himself.
The only abuse is the long wait for the land permit and Matd have still not gotten it after so many years
Researchandhold said//BP is like a stain on humanity//
//H1 has been already prepared for oil extraction.//
No it hasn't. It's been drilled & capped.
Every day we are closing to the final signature.
Guys who doubt about that should read RNS again.
H1 has been already prepared for oil extraction.
The opportunity is massive guys.