Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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In Meantime fuel reserve get worse day by day
Headline 7th NOVEMBER from MMHI so official figures -
"Nationwide as of Nov 7, 2023, A-80 gasoline will last for 15 DAYS" - now 2 DAYS!
"A1 -92 gasoline will last for 22 DAYS" - now 9 DAYS!
"A1 - 95 gasoline will last for 33 DAYS" - now 20 DAYS!
"Diesel fuel will last for 24 DAYS" - now 10 DAYS!
Mongol Govt maybe get emergency supply but no news yet of this. They will need to be able to say something about furure DOMESTIC SUPPLY which Petro Matad!
Hold or not but RNS WILL come 🦉
Hopefully this would be the end of this saga! We have been waiting nearly 6 years after oil found!
We are closer to the final stage DOC. An RNs confirming would be an amazing news.
Rerate shortly after we get the last part sorted.
Great time to add or get in.
"We must be close to the final land etc arrangement/ compensation now."
Incredible how slowly things progress in Mongolia. Paying some herders compensation... 5 months and still going!
We are close to 5 months since we had the last signature/permission!
July 10th. We must be close to the final land etc arrangement/ compensation now.
RNS expected any day. Come on MB give us RNS/news we have been all waiting for so long.
Remember HEADER SAY ALL sir 😏🦉
Totally understand your frustrations Doc83. You're an investor in PM and bashing it with negativity is neither good for your mind nor body. Stay positive and it will come good.
It can’t get much sadder than mimicking WOS.
X 10 BAGGER?
This is target with just known current assetm. We have lot more which is part of ROLLING NEWSFLOW we expect immanant RNS to open up.
Heron full field development AND 3 BILLION Toson Uul just start.
All know my target & timeframe 🦉
Think this is fair estimate sir & price range few month ago. We always get move back to stable 5-6p anyway and push will be harder now I think with RNS which can come at any time now.
This is COMPANY MAKING RNS to move company to first production / revenue. Mr Mike Buck did manage expectation for production this year and why price fall so much. Now with RNS due and production 2024 people JUST START to take position back
It fell from 7p and look like go back there with position taking now for developments coming
With UPTREND for Dec/New year rise that happen EVERY year look good & ROLLLING NEWSFLOW after RNS we expect soon.
Investor BUY or not but many already begin to build up I think 🦉
Header say all. AIMHO
Manx - do yourself a favour and write this year off. MB has tried to set our expectations on this. If it happens this year, it’s a bonus.
Itchy right palm again and an irritable bowel!
Lp and great RNS must be coming this week!
Hold on tight everyone.
Header say all & can be check but also must look at FUEL CRISIS building which feed into critical domestic production need.
Headline 7th NOVEMBER from MMHI so official figures -
"Nationwide as of Nov 7, 2023, A-80 gasoline will last for 15 DAYS" - now 3 DAYS!
"A1 -92 gasoline will last for 22 DAYS" - now 10 DAYS!
"A1 - 95 gasoline will last for 33 DAYS" - now 21 DAYS!
"Diesel fuel will last for 24 DAYS" - now 12 DAYS!
Mongol Govt MUST find EMERGENCY supply like they did in Sept. Think they will do this (or country stop) but will be hard lesson for them.
Lot of reason why I say expect RNS in very short time (this is just one of lots). People can agree or not but my always I give my logic.
Same with investment choice. BUY or not 🦉
Reaaon say 5-6p settling range is because always go there BEFORE news - look when we expect EL or Cabinet approval.
This time RNS final signature will open up actual field devwl9pment & flow of other RNSs like DQE deal / New Blocks.
This is my reaaon for confidence in 5-6p range AND confidence with push MUCH higher with RNS / Operational developments
Agree or not but give logic for this. Big investor position taking will have logic 🦉
“If it goes to 6p many LTH PIs will be jumping ship!”
I’m not so sure. IMO it will only go back to 6p+ on the back of “that RNS”. But if it does drift there pre RNS, I reckon LTHs especially that have stick around this long will wait for the RNS and see what happens then.
Researchandhold said // BP is like a stain on humanity//
If it goes to 6p many LTH PIs will be jumping ship!
Mr Researchandhold
Good points and this is just price target for current known operation with oil price.
Add to this NEW BLOCKS, JV's, RENEWABLE projects and can see much higher with China inward cash investment for energy import from projects.
Will see large investors take over from small trader and rise of share price with company growth.
This is not just BB chatter but company strategy with Cebtral Govt support as domestic brand MULTI ENERGY CORPORATION.
Buy or not but focus on investment 🦉
Okay will not say it sir. Happy?
Header say all what i expect MINIMUM NRAR TERM price range to settle BUT with every day closer to RNS can easily push HIGHER because of IMMEDIATE RE-RATE which RNS will bring be ause open up of MULTIPLE GOOD NEWSFLOW.
Be Wise & focus on investment 🦉
Researchandhold said // BP is like a stain on humanity//
Flip-flopper Hamm - saw him in a Batman film Mr TWO FACE!
BP pilot appears again!
Hope everything is ok with your kite running/flying!
Having been here for few years now I can only see this having all the ingredients for becoming a key energy / oil producer in Mongolia , especially since the Petrovis holding makes us look like a home grown company. As such I’ve gone through the pain and will hold every share through the gain and by end of 2025 with two full drilling seasons I think we’ll have 15+ wells on Heron and much more besides - I then anticipate this being 28-30p or more
Any other thoughts on how this will play out ?
Researchandhold said // BP is like a stain on humanity//
// but do you have to keep saying it everyday//
He's sticking to the script - it's how he earns his pittance.
WOS How long have you been saying it can come anytime ..you will be right oneday but do you have to keep saying it everyday
Lol, it can come "any day now" Mr Wigster for many many reason this is reasonable.
With UPSIDE and immediate RE-RATE with this who want to be out when it come.
But like header say and I see price can go anywhere from 3p to 35p quickly but usual range to settle is very often 5p-6p.
This is how I see with UPTREND and seasonal Dec rise which just START.
With RNS straight multiple Re- rate.
WIN/WIN like header say before with every day closer to RNS 🦉
You never know Thornogson. I do seem to recall a similar SP change (drop in this case) on the Friday prior to the bad Velociraptor news RNS, so hopefully this recent rise does signify an upcoming positive RNS "any day now!!!" (just put that phrase to keep WOS happy). Guess we'll just have to wait for that little red dot...
Anyway, good luck to all involved in this stock - we deserve it for the patience shown.