The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thank you for sharing mr Dozzababa. Very good :)
Good point mr Jimmibrush & confirm point on EL streamline process now.
Look forward to Velocirapror build up of i test & price but like mr Climbingwoister show will also be lot if crazy element lol
LP RNS will blow SP into double figure & DQE RNS after so very happy place.
New Licence Block RNS also
Will be good April for MÀTD holder :)
Further to the UK Ambassador's meeting with the Mining Minister last week, i emailed him to ask for info on what was discussed. His reply is below :
Thanks. I discussed this with the Minister. He confirmed that the Ministry had prepared the resolution to designate Block XX as special purpose land and it would be submitted to the Cabinet for approval soon. You may have seen yesterday’s public update from Petro Matad (attached in case not). Please contact Petro Matad for any further updates.
I have emailed him back and asked him to keep the pressure on until the Land Permit is granted. Keep everything crossed
Little old MATD will look like a very different beast in a few shorts months from now... in fact it will look different anytime now once LP drops in. GLA!
Three of the cabinet ministers fell down a hole. Well well well
On the Block V Exploration PSC area, local government approvals for land access have been secured. This area does not have the same history with the oil industry that Dornod Province has and as such, just as in previous years, thanks to its continued focus on positively engaging with local communities, Petro Matad has been able to secure all necessary permits to work on the land covering the highly prospective Raptor Trend and the Velociraptor prospect. The Company is now looking at its options and the availability of equipment to drill Velociraptor 1 on Block V in 2023.
A cost effective drilling solution for Velociraptor has been found, most equipment needed has been sourced and is already in country and MRPAM has given the necessary contractual approvals. The approval of the Company's application to secure a moratorium for 2022 on Block V has also been received from MMHI. This extends the Block V exploration period until July 2024 and ensures that there will be sufficient time after Velociraptor 1 is drilled to gather enough data and submit the necessary documentation to secure a Block V Exploitation Licence in the event of success.
Look like prediction of LP in April spot on & will be good to get before Velocirapror spud :)
Cabinet meeting today and they have invited the wardrobes and the tables. £55567 pou ds a share by Friday.
Happy be
Point to make
Govt support LP with cabinet reshuffle in Aug 2022 to have pro business focus
Regular Cabinet meeting and Extraordinary meeting if needed
Just few week ago Prime Minister and key people focus on foreign investment & economy expansion
This is decision if National Importance so if people want to say 'do t know when is decision' this is not useful for investing. Better this people then do not invest.
Investing about evidence which point to outcome and MOST evidence point to decision in April for LP with all paperwork complete & now prepare to submit to Cabinet.
Again if you do not think this fo not invest but think how many people say this in public on BB are same one buying in secret like we have see before ;)
Velocirapror spud in June but many will be take position before this. With LP & early Velocirapror drill position / LP RNS think lot if late buyer will pay multiple of today price. This is my opinion with good logic.
Also good lot of people who buy share at lower price sell & take profit with higher price buyer come in & more lower price buyer out.
This set up very good for STRONG price rise now with news & all other development & LP in April RNS
HAPPY :)
Check Cabinet meeting around sane time last year so post early 2022 ones I find for around sane period
Jan 5 - Regular meeting
Jan 6 - Extraordinary meeting
Jan 17 - Extraordinary meeting
Jan 19 - regular meeting
Jan 28 - Extraordinary meeting
Feb 1 - Regular meeting
Feb16 - Regular meeting
Feb 23 - Regular meeting
Look like lot if Cabinet meeting in April so LP RNS look like release at any time.
Emphasise Dicumentation ALREADY prepare & circulate to relevant Ministries and now prepare for direct submission to Cabinet.
Prime Minister met with representative of State own & private companies under theme "Overcoming the challenges in 2023" and purpose of meeting was "participation and contribution of the mining and heavy industry sector to economic expansion"
"J Gambaatar, Minister if Mining and Heavy Industry and B Javkhlan Minister of Finance highlighted the results of the Minng exchange in the industry"
Source mongolia.gov.mn/news/views/26648
https://twitter.com/MongoliaWeekly/status/1642673515580260353?s=20
Further to that, apologies for duplication as I’ve just seen Hamm had already posted.
I appreciate this is a bit late for the party, but I thought I might as well add to the board.
Reply from nusrat ghani just received from email I had sent (at someone’s suggestion that we do, can’t remember who any more)
Things seem to be ticking nicely in the right direction now though anyway .
MThank you for your email of 7 March and for contacting Minister Nusrat Ghani MP. Apologies for the delay in response.
The Minister is grateful to you for bringing this to her attention. She passed this to us and officials in the Department.
HMG is aware of the difficulties Petro Matad has been facing in Mongolia. Our Embassy has been providing assistance to Petro Matad where they can and in line with HMG's policy on support for the fossil fuel sector overseas. The Minister will be speaking to HMA Philip Malone to keep updated on developments and to offer any further support where she can.
For updates on progress, you should contact Petro Matad directly.
Nicely put Thormogson.
All aboard the history making flight of the first oil exploration company in Mongolia with a 20% local component that’s about to become a oil producer.
Thanks for sharing Hamm, it's taken them 4 weeks to reply to you I hope that's no way a reflection of how long the Gov will take of something of national importance. The dots are starting to connect. GLA
Posts, posts, posts.....
Who 'won' the argument?
I know what I think for what it's worth.
Won't affect what actually happens (or doesn't) of course.
That's down to the Mongolian Government and no one else RE Heron Land Permit.
They've been talking the talk a lot recently.
About attracting foreign investment in oil and mineral extraction, about making the business environment much more business friendly with less red tape, about becoming energy self sufficient, about making the Heron well Land Permit of 'National Significance.
Of course it's only talk, talk, talk isn't it?
But is it so hard to think that they mean it?
To show others that it's safe to invest in Mongolia.
To provide Mongolian oil for the Mongolian oil refinery?
All it takes is a Cabinet Meeting, a show of hands....
and the rest is history?
Invest in history.
Invest in Petro Matad.
Be Rich!
Dozzawba I think you may be correct about the RNS release because the Canadian company released there operational update today too. It's definitely all coming together. Not long now :+))
Dear H,
Thank you for your email of 7 March and for contacting Minister Nusrat Ghani MP.
The Minister is grateful to you for bringing this to her attention. She passed this to us and other officials in the Department. Apologies for our delay in response.
HMG is aware of the difficulties Petro Matad has been facing in Mongolia. Our Embassy has been providing assistance to Petro Matad where they can and in line with our policy on support for the fossil fuel sector overseas. The Minister will be speaking to HMA Philip Malone to keep updated on developments and to offer any further support where she can.
For updates on progress, you should contact Petro Matad directly.
Kind regards,
Caoimhe
Doc83 very sorry the SP hasnt moved lol, even if the LP lands and multibags you will find a negative spin on this
“Doc: "The market does'nt think much to the RNS": I don't get it.
The SP made a 3.21% jump. What were you expecting? I consider this to be a good ending to the trading day.”
Come on, Ojay. The spread is 3.8%! It’s not moved at all on the RNS. FWIW, I think it should have moved higher. There, some positivity!
Could be who knows?
Anything to do with King Zog 1 of Albania?
Aliens have taken over the cabinet. No news now until they return from planet zog.
Happy be
b/p: Whether polite or not - that was the wrong answer/question. It's your funeral.