George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Mr BP
New law to put eco warrior in prison if they obstruct this. Do research ;)
Some poster here know lot more then staff reporter on sharemag who have to write daily report on many different share
MMHI take direct control from governing body to take away decision from local govt. Mr master even post local govt people who say decision not in there hand because Cabinet overide them.
Thus us also why they put in law last year to punish any interference in this type of decision by imprisonment.
Staff reporter will not know all this information on share & this is what mean by sharing if good intel / I formation on BB chat :)
If people (really) think Govt not give SC then do not invest same as do not walk out of front door if you think brick will fall on head lol
One who has research Economy & govt drive for oil exploration / foreign investment can see picture bit more clearly.
& the eco-warriors don't start gluing themselves to stuff!
Government will give LP. They have no choice. Contract has been signed and it'll be suicidal if they don't.
//Once the government gives go ahead there's nothing locals can do //
IF the government gives the go ahead...
Since then there has been so much noise against PC. LOCAL GOVERNOR organised a protest and was on local news channel but PC still operating.
Once the government gives go ahead there's nothing locals can do.
Was very good RNS which show good progress of Special Certification AND our V1 spud.
Think 1-3 week correct depend on how long ago they did submit to those Ministeries which could be few week ago. Same as transfer from MMHI which could be weeks before 22 May RNS
Main thing good progress & last stage now.
Very good finally out of locall govt control & in direct control of Cabinet.
The locals rejected it in end of September 2022 that's not recent
The Mongolian Ministry of Construction & Urban Development has now completed its internal work on certifying the exploitation area as special purpose land, and has submitted the documentation to all other government ministries for comment prior to submission to cabinet.
Petro Matad said it has continued to press the relevant authorities to conclude this process.
For the past year, the company has struggled to certify its flagship licence in the east, due to local opposition. Most recently, meetings held on a provincial level in the Matad district saw citizens committees vote against the central government’s certification proposal.
I would say only two agencies need to check the paperwork. Environment and tourism ministry.
I cant think of any other ministry who need to be informed.
I am positive that 3 weeks should be more than enough for LP to be passed off.
Some people just use this BB to gossip about other ones. Better to share information & research base opinion for useful BB
Investor chat not girly chat please :)
//Same goes for your dumb assumptions of major conspiracy theories you come out with //
Name one conspiracy theory I have come out with lol.
You really just shout your mouth off in a random scattergun style don't you?
Think some people did already decide to sell at spud & why price dud go down even though RNS was positive.
Progress in LP process & confirm all internal work done with documentation already submitted to other Ministeries. Remember this could have happen weeks ago before RNS release.
V1 drill on schedule and research show company often lower COS and fit in with what mr Buck say "Wildcat drill with better then wildcat prospect"
This is on excellent source rock & in WORKING PETROLEUM SYSTEM.
Main thing is Petro Matad already have asset to cover risk & V2 drill paid for. This is not "all or nothing" drill.
People say "but no LP" but also say "sure LP will come not when & will multibag 300%, 400%, 500% or more.
Now LP in Cabinet hand and NOT local govt with process now we'll advance to last stage & multibag on issue can see how money will pour back into investment & share price back up.
Even with no oil at V1 Special Certification issue will multibag price. All know this & why share price rise inevitable imo.
Investor sometime forget all other thing like 2 BILLION barrel PROVEN & IN PLACE in Tosuun Uul Basin which Petro Matad will get revenue from.
Some people make every post attack on other posters & no research/ information.
Logical research tell us with or without Velocirapror Petro Matad SP will multibag from this levels AND the Special Certification WILL be issue soon with last stage of process for this.
Buy or not up to you but ones who complain most loud about stock are one who look to buy really ;)
Be happy & with good idea price will multibag ROI from here :)
I dont think all were sells.
Some trades in the afternoon were Buys but probably went through just under the mid price.
Even at the end of day no buys showing
Curiousbiguy can't see you post anything useful either apart from our right lies,bit sure what your agenda is, me assuming LP is different to lieing you Muppet, also look at my posts Monday onwards also anytime this month is what I stated and again always say no one knows when it would really land we can all guess from what's happening
Same goes for your dumb assumptions of major conspiracy theories you come out with 🤡
Is the LP coming yea it is according to the RNS, who knows more you or the company ?
would have need a better price reaction of lp was sorted!!
no **** sherlock
sometimes just best to say nothing
On top of that, the geology for V1 is one of the best you can have for oil... that is an "inversion anticline prospect "
Iamrich.. nothing useful?
Just like you saying on 7th June "RNS Monday this week (as what else could special permit for oil transmission being discussed mean but the LP for Petro Matad)"
Repeated in some form or another most weeks?
Really "useful"
Badpropit quite a few posts but just waffling and nothing useful as usual to say here,
Well the LTHs obviously - not the traders.
I used to be a waiter avo but its a while back now! I guess PM PIs are ALL waiters if you think about it?
We hit oil on Heron 53m barrels 20+% chance of strike
V1 200m barrels with 20% chance. With oil shows previously nearby.
Plus LP still rolling a long with relevant parties..
I see as a positive 👍🏻💲💲💲
WA---R