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It’s becoming criminal now the length of time to get this LP over the line how the hell can something of national importance take this bloody long
Make your own investment decision on this 🦉
//RNS can come any day//
"any day" could be today, tomorrow or in 6 months time. The market doesn't seem to believe it will be soon - or if it is soon that it won't boost the SP.
S all investor think they have time to get in before RNS.
Very simple but with parallel process that have started thru MRPAM letter (28th Sept RNS) it could come any day and intel I post look like this is case
When full permission come which it WILL because of Cabinet order & laws which do not allow blocking of thhs then door open for Institution / Funds which will open up value.
Control go from small investor to large Fund buyer which has good for investor like me 🦉
And yet out of the 8 buys yesterday only ONE trade scraped into 3 figures.
Doesn't appear to be much appetite for a ten bagger giveaway. Maybe people are becoming more realistic.
Whatever price it get to will be MUCH higher then valuation targets which use $70bbl.
Even with this price we have nearly x 10 Bagger on just known asset base. What is multiple on $90, $120, $150!
Signature to start operations is key that will unlock START of rise in target direction
(Then we have other assets to look at for value adding with New Blocks, Renewable contracts, JVs)
Multiples of multiples from BUY price today
RNS can come any day so up to investor to make decision to be part of this or take chance to be out.
Be happy with decision whatever you choose 🦉
Oil prices could soar to a record high of more than $150 a barrel if the war between Israel and Hamas leads to a repeat of the full-scale conflict in the Middle East witnessed 50 years ago, the World Bank has warned.
In the first major assessment of the economic risks of an escalation of the war beyond Gaza’s borders, the World Bank said there was a risk of the cost of crude entering “uncharted waters”.
A “large disruption” scenario comparable with the Arab oil boycott of the west in 1973 would create supply shortages that would lead to the price of a barrel of oil increasing from about $90 to between $140 and 157. The previous record – unadjusted for inflation – was $147 a barrel in 2008.
Another reason to invest on oil.
World bank reporting oil to rise to 150usd per barrell.
Spread get more tight now which is what we want. No fake ASK price to manipulate by MM
UPTREND - "this & is what I expect with price direction over coming DAYS / WEEKS🦉
They always get translation wrong. It is India NOT Belarus lol
With the successful implementation of the project to lay the foundation for a new industrial sector in Mongolia's economy, the government of the Republic of Mongolia is preparing and organizing professional development work for engineers who will work in the plant.
An engineer working in an oil refinery must have a variety of engineering knowledge, such as industrial processes, mechanics, automation, equipment, electricity, heat, pipelines, etc. On October 29, 2023, 20 young engineers of SPC went to New Delhi, India.
The Government of the Republic of Belarus is financing the "Project for the establishment of an oil refinery in Mongolia" and is providing significant support for the training of future engineers of the plant and is responsible for all costs related to the above training.
I would like to express my deep gratitude to the Government of the Republic of Mongolia, experienced engineers, experts and teachers who have been supporting and helping Mongolia's major development project since its inception.
India Exim Bank
India in Mongolia (Embassy of India, Ulaanbaatar)
Engineers India Limited
Oil refinery 🇲🇳🇲🇳🇲🇳🤝🇮🇳🇮🇳🇮🇳
Energy freedom in the country!
Is that agreed then, Hamm?
iamrich - why did you change your username to Geo61? Did LSE ban you?
This imminent rerate, imminent RNS, isn't attracting too many buyers, and yet no problem getting quotes! Happy clappers not topping up at these ridiculously bargain prices? It'll happen when it happens, in the meantime 😴
Doc, as expected you knowas well that rerate is coming too following LP!
Let's agree on that one.
MASSIVE buying this morning - nearly 200 quid already. The punters are obviously piling in!
The RNS/LP has been "expected" at least since July, and no RNS since before COVID has caused a significant uplift of the SP.
Stop being a Dic Doc.
“As expected RNS this week. LP secured and operation of H1. ”
Hamm - will you STFU and leave this board if the RNS doesn’t arrive this week and a “massive rerate”?
Agree to that and I tell you what, if it does and we do have a big rerate, even to say 8p, I’ll do the same and never return to the MATD board again?
Sentiment is changing fast. RNS with LP grant is expected.
Potential is massive.
UPTREND is UPTREND!
Coverage help this & is what I expect with price direction over coming days / weeks 💰🦉
What's the old adage - "Buy on the rumour, sell on the news" ??
Twitter.com/Share_Talk/status/1718640098491974040
A post of hoped for news within the next 10 days on the back of sensed expectation that is so obviously not a statement of fact????? How can that be deemed a "fake deadline"?
As you have stated shortshrift, we just want the news and it would be most welcome.
ZAK MIR who have lot of follower cover this on Sunday when I look they research. Think lot if his follower will take position
Also BUY SIGNAL TRIGGER on chart which will attract other investor to take position
I look at FUNDAMENTAL and expect imminant RNS to START operations which will move company into PRODUCER / REVENUE / CONFIRM DQE and other newsflow.
This is Golden Key that unlock share price
Now you look at mr Thorgasson very good point of historic position taking in later part of year for drilling season.
Some will wait but MANY will start to buil up position which will push price up
When people say UPTREND then very good logical reason to say so & just START of this.
Be Happy & WISE with investment decisions based on LOGIC not chit chat 🦉
Steady buying will happen in anticipation of news, hopefully the sp is a lot high before news which imho is well over due gla