Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Mongolian parliamentary reshuffle last Aug in pro Business cabinet focus on Economy with foreign investment & reduce red tape.
New Cabinet Ministers all pro business.
"Oyun Erdene named Gambaatar Jambal to lead the mining sector Gambaatar is a pro-budiness politician known for championing the reduction of government intervention in the economy"
Source: The Diplomat by Amar Adiye Sept 7th 2022
Raptor will only spud in June IF the drill contractor has completed its other jobs. AND it's a 20% chance of hitting oil.
I have a great deal of time for Mike Buck and I too am excited about drilling Velociraptor and also getting licenced up but I am not exactly sure what this RNS is about, it tells us nothing that we didnt know already.
Perfect timing for Heron oil to come online this summer.
All document ALREADY prepare & sent to Ministeries.
How long you really think National Importance document take to sign now after all Ministry receive it?
You really want to take chance when probably Cabibet sit every week or 2 week?
Be sensible & happy :)
Mr sneaky Doc this is why we must use some common sense sir
If something of NATIONAL IMPORTANCE and URGENT and will straight re-rate the price by multiple (even you say well above 10p) then bigger danger is missing this and not in sitting confortabky with shares in hand.
You say you are balance but what is practical use of you say yes is urgent but do not know
Sometime must use common sense & not post for own sneaky trade agenda sir.
Be happy :)
Once the LP lands the MMs will not be capable of providing for an orderly SP rise - the way it looks the MMs will lose control and the SP will go ballistic! (the MMs hate that!)
Agree master82: Some call it a tree shake - ridiculous!
Dirty tricks being played to collect cheap shares.
Cormie and ID78: I've been invested since 2010, accumulated quite a bit in 2016 and missed the highs at the end of February 2017 - it's all so clear in hindsight (should've, would've could've).
It has now taken another 6 years and this time it could actually come even better - a lot better. Wishing you the best of luck!
iamrich: "Don't read the board if it bothers you that much lol, the rest of us can be as positive as we want to be"
And we can be as negative as we want? Although I'd argue I'm just trying to be balanced.
The paperwork might have been drawn up, but it has NOT yet been passed to cabinet as far as I can see? And we do not know how long it might take for cabinet to approve, even though it is of national importance.
So where is the 5p WOS ? Do you not think it is time now to shut the f":& up until we get some concrete news. This will be £50 a share by friday?
Mid-summer price surge?
Meanwhile, Tamas Varga, an analyst at PVM Oil Associates, said that if the OPEC cuts are fully implemented then the oil balance should flip into deficit in the second quarter and further deepen in the second half of the year.
“Effectively setting a floor of $80 basis Brent (BZ=F) and sending the price over $90/bbl when demand growth starts accelerating after June,” he added.
"Goldman Sachs (GS) also raised its Brent forecast after the OPEC+ announcement — from $90 to $95 a barrel by the end of the year".
Can't believe the opportunity here right now at this price, some have people have waited years for this moment
The subject above are very relevant to Petro Matad.
Patience
Sometimes in business you need to watch time go by and wait for the phone ring. When it is out of your control, let what needs to be done, be done, often pushing for something to move faster slows thing down
I can see LP landing, if it is soon that would be great, but if it is in two months time it will be great also, the only difference we had to wait. PATIENCE.
Control.
Not doing what some people suggest on this board, like write to GOM and insinuate poor government, infighting, or even the big C word. Not the best approach when trying to get something done in a foreign country, with old bureaucracy and looking to change to a more modern open country. Don't criticise people who you need to help.
CONTROL
Mind you saying that, I still wish they would hurry up!!!!!!!!!!!!!!!!!!!!
Late this week is fine by me, as long as I get a chance to top up my ISA holding here first.
At least we're not in the dark either way now, it's coming.
GLA
Like RNS clearly say documentation COMPLETE (already circulated to Ministries).
Preparation us for submission to Cabibet which will be when they next sit, Dicument presented with 'National Importance' requirement & then sign.
Do not know how often Cabinet sit but if like other country will be short time between cabinet meeting.
Special Designation of Land Permit RNS any day now & build up for Velocirapror in Q2
Perfect timing for all :)
Only need Cabinet signature.
Documentation already been passed to them.
Does not take that long. Could be this week.
Don't read the board if it bothers you that much lol, the rest of us can be as positive as we want to be
I would be glad if MATD could one day become a business that could produce renewables or oil.
Then maybe ...just maybe..... MATD could get rid of:
The Rampers v de-rampers.
The traders that pump it up... then.. sell ...sell ...sell.... dump it.
The make a quick buck speculators and day traders..
One can live in hope (:
Dozzawba, exactly but some miss this point too, this is being pushed hard and thats why I think only a few weeks tops, people will get caught with their pants down for sure, feel sorry for the few that sold on others here indirectly deramping
Iamrich, what makes it more likely to be granted soon is that it has been classed as a project of national importance.
I believe the RNS had to be released today due to PM getting the spud date of Velociraptor, so news had to be released.
Documentation itself already complete & circulated to relevant Ministries (see Block XX section in RNS).
Now preparing to submit to Cabibet fir final signing
Very soon now
Happy :)
Documentation to certify the Block XX Exploitation Area as special purpose land is being prepared by the Ministry of Mining and Heavy Industry for submission to cabinet for approval.
Above from RNS, if this isn't clear enough I don't know what is lol!