Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Here is MMHI figure from 7th Nov
"Nationwide as of Nov 7, 2023, A-80 gasoline will last for 15 DAYS" (now 8 days)
"A1-92 gasoline will last for 22 DAYS" (now 15 days)
"A1-95 gasoline will last for 33 DAYS" (now 25 days)
"Diesel fuel will last for 24 DAYS" (now 17 days).
*Have make adjustment for today date in bracket
Like other article say ALREADY sign of FUEL RUNNING OUT!
Mr Fabs
Headline of article you post about Russia / China help fuel shortage dated 27th Sept. It does CONFIRM fuel shortage crisis.
Fuel reserve figure I give direct from MMHI website dated 7th November.
Fuel running out in HODV problem Vince dated 9th November.
Article about AMTG statement of gasoline running out in some areas from yesterday 13th November
Think can clearly see limited Russia / China help not enough and why we see fuel Shortage crisis happening. Also why Mining Minister J Ganbaatar say again few day ago why Mongolia MUST BE ENERGY INDEPENDENT and he reference shortage now with Russia export cut.
Hope CURRENT INFO make sense for your article of 6 week ago.
Agree shortshrift. We just have to wait. What is another few weeks ;)
In the meantime keep trading to make the wait profitable.... the trend has been very easy for every one to see and profit from....
Thornogson, identification of corruption by the general public in such cases as the Tavan Tolgoi and public procurement projects is an essential element in getting the issues into the open, getting them resolved and preventing them from continuing to blight the projects. Wittingly or ignorantly ridiculing or denying the presence of corruption simply helps to cover it up and helps it to flourish and remain unresolved. This is the case with MATD. I am sure that WOS and his followers truly believe that their rejection of the presence of corruption is benefiting MATD, in which case I cannot criticise their motivations. In reality however it is preventing the issue from being broadly exposed and therefore being dealt with. Efforts to broadcast the corruption besetting MATD can only be beneficial in a culture where corruption flourishes if not exposed.
Yes, I thought the SP was not supposed to keep on drifting lower?
6 weeks to Christmas, I maintain this will continue to drift lower, albeit slowly, unless there is positive news.
Researchandhold said //BP is like a stain on humanity//
//Do you not read the board?//
Yes I read the board and you and WOS repeating the same old mantra over & over is as boring as it is pointless. (Oh - and the SP keeps on falling!)
I'm sure they're still there.
Importantly though with all this talk of corruption it shows that there are plenty of outlets for the general population to express their unhappiness and to exert pressure to try to effect change.
It will be interesting to see what's said about the current fuel supply issues.
Crude BP.
That's why they're building a refinery.
To refine Mongolian produced crude.
Which is why the Heron Field is of 'National importance'.
Which is why it will happen.
And in time to be producing from multiple wells to supply it.
Do you not read the board?
So, 40,000 tons/month needed.
Two emergency supply trains delivering about 3 day's worth?
Less with 30-50% increased use?
Ministers must be sweating.
And winter only just beginning.
Researchandhold said //BP is like a stain on humanity//
Mongolia already produces lots of crude & sells it to China. The current petrol shortage in no way affects PM's prospects.
Thanks WisOldSpek,
30-50% more.
Then 'closed' signs go up at garages.
Then queues form at those with supplies.
Then people start filling buckets with fuel.
Then there's the Dornod regional mining conference to discuss oil extraction.
Stars aligning?
Hope so.
Researchandhold said //BP is like a stain on humanity//
//The Mongol without his pony is only half a Mongol, but with his pony, he is as good as two men.” Undeniably, Mongols have a reputation for being the greatest horsemen on earth.//
Researchandhold said //BP is like a stain on humanity//
//Fuel shortage about to be BIG problem in coming few days I think!//
Well they'll just have to ride around on yaks until the refinery is up & running in 2027. Good job some of 'em still ride horses.
Source: Ikon news 13th November 2023
The Minerals and Oil Department (AMGT) said,
"Last weekend we received information that gasoline is not being sold in some areas.
There is information that people are buying 30-50 percent more gasoline than usual"
They say supply not interrupted but official MMHI figure show clearly different type gasoline reserve & Hold province article 9th Nov about gasoline stations running out.
Fuel shortage about to be BIG problem in coming few days I think!
Researchandhold said //BP is like a stain on humanity//
// Ignore badprophet //
That's not "nice" is it? LOL
Even mr Doc admit "madness" from this poster and agree with him on this. Maybe this us good sign 😏
Mrs WOS is shopping this morning Mr Wolverine so you are right lol 🦉
Sometime better to FOCUS on header because it say ALL mr Wolverine Lol
- Dornod Mining Conference at Governor meeting hall THIS WEEK!
- Fuel shortage biting AMGT issue statement yesterday to say people buy
"30-50 percent more gasoline then usual". Some who understand prepare but try to reassure.
- Usual price move up in Dec coming if RNS does not hit before but can be any day now of course (no insider info).
With this you have people who want to get rid of Mr Mike Buck with post after post AND start legal action which most understand is madness.
If they are serious in this (lol) or like mr Thorgasson say FUD for own selfish reason we can make own mind up.
This is why I focus on investment and leave BB game up to BB player who like to play this game.
Be happy & wise 🦉
Oh dear I see that word Soon is cropping up again !!
Header say all.
I go shopping with wifey now. Ignore badprophet - name say all.
The fact is that private shareholders have no say here whether we want MB to stay or not.
We are not aware of all the activities behind the scene either. Big boys/ institutions holders might well aware of what is going on and have more say/influence. If they are silent then they might believe MB has done a good job considering the situation. Easy to say what to do or not to do when not involved. I am hoping and surely most of us too that that one way or another MB will sort out the last signature. I firmly believe he wants Heron operational more than anyone here. The news should be round the corner.
Hamm - my post from 16.59 answers your questions. But to repeat, I think it would be madness to go to court right now. We are stuck with MB… if we wanted him gone, he should have been ousted earlier this year following his lie that there would be no fundraise just 6 weeks prior. And we have to hope that the Mongolian requirement from home produced oil will outweigh the undoubted corruption.
Anyway, which broker do you use?
Doc, do you think court case would be the answer?
Would MB resignation would sort out the problem?
Please enlighten us with your wisdom!
@researchandhold
Thanks - that's a good comparison.