Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Sth is coming up. Nearly impossible to buy but can get a quick quote for 900k!
Demand massive guys. Hold tight to your shares.
LP is coming. I guess it would be much than LP.
Probably adding NEW shareholder to the list ;-)
Whoever it might be !!!
plenty buying... about to go blue ;-)
//sorry for making stuff up...//
Don't worry about it - WOS, master82 & iamrich do it all the time!
yep, i hope it's a big change i.e. a certain percentage of the company is brought by the Mongolian government so they need to add the Mongolian seal of approval logo on the website. sorry for making stuff up...
Or it’s being updated….
I don’t think websites normally go down when an RNS is issued, so it’s perhaps an actual change to the website.
Or ….. it’s just down.
I hope it because huge traffic go into it
Looks promising. Looks like Mongolians are trying to tackle corruption and digitisation of everything to make it transparent. This will definitely attract foreign investment.
Has anyone noticed how many western country officials have visited Mongolia in the past month or so.
OK PM it is now ok to release that RNS you were deliberately holding back on my account.
Published today https://mongolia.gov.mn/news/view/26673 GLA
Mongolian government already have PSC . I think the IoM business men might chuck some money in.
Maybe mrpam went to reassure the big boys that their investment will be safe in Mongolia.
Remember if PM makes money automatically Mongolian government makes money.
Its a win win for all.
Ibiza
I think Farm Out option i mentioned is the most likely scenario in my opinion.
We might have received an approach from Bigger Industry player and MATD wanted to fast track the process and invited both MRPAM and MMHI to IOM to get approval and get it done.
Presence of Registrar also in same meetings gives it away. Speculation at this stage but would make perfect sense.
Will have to wait and see when that RNS lands.
nice 368k buy
so even the de-rampers are positive with this stock now. We definitely moving soon
If govt bought in an equity stake in Mtad would not that most likely be through a placement directly and therefore more dilution. Or do you think they would be trying to do it through the market. Also come to think of it does not the government have one already indirectly through Petrovis. I thought they were partly owned by the MG
My own personal view is there is most likely a Farm Out being arranged which required Approvals from MRPAM and MMHI before a certain % of Licence could be transferred.
Presence of Registrar in the room alongside other parties would support above logic.
Speculation at this stage before RNS confirmation
OR Govt looking to BUY an Equity stake in MATD.
IMHO.
It doesn't have to be raised at these silly price. Im sure they will let PM become a producer before they develop the whole field.
Remember 15 wells are planned.
Quicker the LP comes in quicker the block 20 can be developed.
Thornogson- thanks . That’s a good balanced post . If there are any new investors reading the board that’s the type of post they should read . GLA
“I've got funny feeling theres going to be some big money coming in to Mongolia via PM”
I hope not. We don’t have big money, and what we do have is already allocated to other projects like velociraptor and renewables.
I did wonder earlier when everyone was criticising BP that imagine if MATD are offered all these new projects by the MG, they’ll be back to shareholders to raise cash for it all. And just like last time, the market will say to them the average SP over the previous 12 months has only been 3p or so, so they’ll have to do the raise at that level!
I've got funny feeling theres going to be some big money coming in to Mongolia via PM
MB just needs to give this a nudge on Twitter regarding the meeting and this will go wild.
10p will be a thing of the past.
Look at LBE. Shot up 160% on just a nudge. No money is invested yet.
MB is getting all the ducks in a row before releasing the big RNS.
But it is coming.
I think all three legs of Petro Matad's business strategy appear to be coming together rather well.
Heron: Circumstantial evidence appears, almost daily, to be confirming what the company has been told by the Mongolian Government: The necessary certificates to flow test and bring the Heron field on-line are being sorted.
Perhaps even sorted already?
Production/revenue sharing agreement drafted to allow faster development of the field once autherised.
Velociraptor trend: Funded and all necessary permissions in place.
Current operator appears to be sticking to schedule with rig release due for June Spud for Petro Matad.
We're using a World class international contractor to drill several highly prospective wells on the 'Raptor Trend'.
Might be drilling in a little over 4 weeks.
Wind/Solar: Less clear but Heron and Velociraptor are entirely Mongolian affairs and will be dealt with in country.
I can't help thinking that the recent Isle of Mann trip for Mr Buck and Mongolian officials must relate to something other than oil exploration/production?
And this is all there is apart from that.
As always RNSs needed to confirm but it all appears to be going to plan so far.
Think EVERYONE know price momentum build up for this.
Special Certification is other discussion and ALL sign for intelligent one point to RNS any day now. You do not believe why you here? Think all know ;)
What is big blank about massive potential "COUNTRY MAKING" drill in next few week. Also full funding for follow up drill.
Blank is not one who HOLD share but one who do NOT :)