Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Landicams = Non valeur
D1nger: Good to see that you look into this BB mess once in a while. Wish we could offer you more than what we've got - but it is how it is, there's not much more to say. We PIs are all hoping 2024 will be the year for PM (we've been saying that for quite a long time now); would be nice and all LTHs would (finally) deserve something positive - myself included!
ATB D1nger!
ICBlue: You're right - WOS fell for b/p's typical "contributions" a couple of times.
But still: Ignoring him would actually be the right thing to do even if it's tough not to reply.
Come off it WOS, you've reacted to his repetitive negative comments on a number of occasions, so don't come over all righteous now!
Mr BP does want you all to reply. This make him feel important from behind his screen BUT also does just leave any useful INTEL of discussion behind.
Yes we know this type of person is weak (and he even know himself) but better to ignore i think.
Let us focus on good discussion for proper investor here ๐ฆ
BP aka Stain - "if you would like to apply for the position please post your CV here." Sorry, not qualified to be a Carer!
Best wishes for the festive season yaks and a very happy and prosperous new year
I think we need some vanish
Is the Stain flapping its gums neadlessly again?
I am now in the blue fir Christmas ๐ and about bloody time MB.
Researchandhold said //BP is like a stain on humanity//
Cyber - I just enjoy the banter, that's all. Not paid or owt (like some here are!).
BP yes I'm on both, what's your excuse for non stop posting here I don't get it? You some sort of paid basher?
Researchandhold said //BP is like a stain on humanity//
Thanks for the interest ICblue. I'm just lacking a stalker at the moment - if you would like to apply for the position please post your CV here.
BP aka Stain - Have you got a life?! Waste of space!
This is fair points mr Notpleb but does not matter what Mongoliansxsay about China dominance this is fact & China influence strong.
Anyway main point of post is to look at Petroleum Law and discuss how it look possible for Takeover move by Petro China.
If they CAN move they WILL in my opinion.
Also other option of NOC.
Not sure why some poster have so much focus on share price move on ONE DAY - maybe they do not understand what UPTREND is!
I look at net gain every week with RE-RATES in between like we expect on immanant RNS - this much better for price I think.
Have good Christmas all investor ๐ฆ๐
Based on the various forms of PM itโs JVโs new blocks and if master is correct that Petrovis has licensed 3 blocks, I see minimal chance of a buyout. If anyone reads the comments on the FB pages linked from this board, Mongolians are not happy with Chinaโs domination of their resources. The rhetoric from many sources appears to lead to PM becoming a serious Mongolian energy company.
Mongolia enhanced its mitigation ambition with a conditional emissions reduction target of 27.2% by 2030 compared to business as usual. The country also set an unconditional emission reduction target of 22.7% by 2030 compared to business as usual. Govt will want to keep its own in-house company.
Renewables will probably provide for mining, extraction, on site power, outlining communities etc ( herders), govt wants to provide countrywide internet communications.
However this is only my opinion.
Researchandhold said //BP is like a stain on humanity//
Cybertron - are you drunk (or on drugs)? Seems possible.
Yeah no funding needed untill atleast mid 2024 but if heron starts producing sooner then money will be rolling in,
Very possible that all this will be sorted by end of January, money transfer and letting dornod guvnor 1 week
Dornod guvnor the signs paper work at 2/3 weeks on slow as you can get pace being drunk and high on drugs
Can't Buy anything on HL. Can sell loads tho".....
Researchandhold said //BP is like a stain on humanity//
WOW! - WOS & Thorno giving it LARGE today. Sounds more like a letter to Santa than anything tangible.
And the bid still struggling under 4p.
Thank you mr Thorgasson
I will just point this out sir from Results RNS 20th June 2023 - section (c) Going Concern
"sufficient working capital to operate betond mid 2024 as a going concern, AS WELL AS commencing APPRAISAL and PEODUCTION ioetstiindat Heron oil field in Block XX and drulling a high grade ecploration prospect in Block V"
ALSO
About DQE - talk about reduction in drilling, testing and fracking and completion costs with some DEFERRAL OF COSTS to allow portion of expenditure to be settled with future production revenue.
Here is point - cash enough to cover company overhead AND commencing APPRAISAL & PRODUCTION.
Q. Some extra cost for herder compensation but only for 10 Herder family.
Q. How much saving for not drilling V2
Main conclusion - Petro Matad in very strong position and costs look covered but even if not then with move to REVENUE GENERATION no big problem.
All look very good & expecting RNS soon so position very well for UPTREND continuing ๐ฆ
LOR
That's funding for existing (largely administrative) company activities.
It's not planned to cover currently unplanned activities like bringing Heron 1 on stream.
It shouldn't be an issue. If money is needed to turn on the money fountain then so be it.
Mr Thornogsson carry on proper thread now lol.
First obvious thing company say in RNS -"sufficient funding until AT LEAST July 2024".
We know with any company we go by RNS as first source of info but financing always can be flexible. If someone say "maybe" I say yes "maybe" but not really how I base investment decision.
We look at MOST IMPORTANT point which is PERMISSION IN PLACE and fast move to REVENUE GENERATION.
This open up alternative funding line including loans and other ways like Petrovis 'soft loan'.
Also when people talk about fund raise in early 2023 they should remember from RNS Dec 5th 2022 Petro Matad were looking at Renewable sector and identification of potential partner.
Decision for SunSteppe JV set up need capital so company raise at time to enter into this sector.
Thus is difference between BB decision making & Company decision making and why BB posters do not run company!
Petro Matad about to TRANSFORM and shareholder on board or not for this.
Always focus on IMVESTMENT ๐ฆ
Original post 09:10 which give base INFO