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Here are the reasons why L.P. is a 100% coming .
Locals rejected PM LP on 09/ 22
Locals reviewed PM LP on 10/22
Locals reviewed PM LP again on 06/03/22
Mpram minister meets Nuret Ghani 07/03/22
Locals and Mpram field measuring 29/03 /22
Mpram minister and PHIL MALONE 30/03/22
PM Rns paperwork ready for signing 03/04/22
Mpram minister in Parliament 11/04/22
Phil Malone in Parliament 13/04/22
Now if you still have doubts then you might as well find an alternative investment.
Look how fast thing are moving. Check the dates
Just check the dates when the SP has been rising with the news that's been posted here
Master82, do you want to just clarify the year typo in case any newbies are misled. But bring it on !
Sorry I m still stuck in year 22.
Here are the reasons why L.P. is a 100% coming .
Locals rejected PM LP on 09/ 22
Locals reviewed PM LP on 10/22
Locals reviewed PM LP again on 06/03/23
Mpram minister meets Nuret Ghani 07/03/23
Locals and Mpram field measuring 29/03 /23
Mpram minister and PHIL MALONE 30/03/23
PM Rns paperwork ready for signing 03/04/23
Mpram minister in Parliament 11/04/23
Phil Malone in Parliament 13/04/23
I think the odds are now in our favour. But not 100%.
Monday tomorrow, and always the best day most probable day for a positive RNS to land. Come on MATD, let’s get this LP done well in advance of Velociraptor spud. My hope would be for 10p+ on LP, with a push to 15p on hope for Velociraptor. The Progressive report looks good, but is sponsored by the company and these price targets rarely get achieved.
But I think we’d all secretly be very happy with 15p.
15p would be a dream exit point
I am hoping the LP lands this week. If it does Land this week i feel the share price will very quickly (ie about on hour of opening re rate to 10p. I also feel that it is very possible that it could reach 15p very shortly afterwards. This share moves very fast and with this steady rise over the last 10 days or so i think it means that some of the traders are dropping out as there are not peaks and troughs to trade out and into as there were therefore more shares staying in stickier hands. Then as the weeks play out between now and early June when we spud Velociraptor there will be a bit of a lull unless MB lets go of the news he has stored but i reckon saving for the LP and i think each one will give the SP a little boost. I have my guess for a SP (assuming LP has landed for when we spud Velociraptor and a hope for what it will be about 10 days before TD. It will be in this last two weeks of spudding Velociraptor that the biggest changes will come.
Possibly a small dip tomorrow if we don’t get LP first thing after all the recent excitement. We have support around 4.55 so let’s keep our nerves and hold for the big one. Not long now hopefully.
I am pretty sure LP is on its way. All recent events project strong indication of that. Exactly what date none of us know. Hoping for Monday RNS though or sometime during next week. But it should come before Velociraptor-1 spud.
Master82, I read your time line and good research.
I don’t however see the relevance of the locals meeting on the 6/3, surely it was rejected again here, as if it was passed we wouldn’t need the govt issued LP, as the problem currently is the locals objection.
It’s my understanding that if the locals approved and let it go ahead, no need for govt intervention.
Please explain from your point of view . Thanks SB
SIRBOB.MB HAS already told us that the locals don't have the ultimate say in this matter. This local governor is anti PC and PM.
SO even if the local governor is not up for giving L.P.. We will get it from government.
Point is things are moving faster than it ever has.
LP has been sent off to cabinet recommended by the mining minister and designated as a matter of national importance. But how fast do things of national importance get sorted in Mongolia? It could still be months. I really hope not. I’ll be very disappointed and concerned if April also comes and goes with no LP.
It would have made news if it was rejected at local level. It's such a small community that even birthdays are broadcasted on their local news channel.
Agree EVERYTHING look like header is correct & LP issue very soon.
Same thing all people close to what happen in Govt say & very important point mr Master & mr Dozzababa make. Even local governor say himself whatever he think Central Govt will overide & now eco protestor talk about English company so she know LP decision out of local hand.
Also RNS from 3 April confirm Special Certification with Urgent & National Importance status to be sign by Cabinet.
No Parliament vote or law change or local govt approval. Just pro business Cabinet signature.
One good point mr Doc make and will accept this but answer. What does URGENT mean to Mongolia?
First all documentation already sent to all Ministeries and ready for Cabibet signing
9 new licence block ready for tender. Last 5 only had 3 bid which make Mining Minister go on foreign tour to bring in foreign investor. They know must do this
All people close to action now say VERY SOON
No more Covid issue to make delay
No Parliament vote neeed only Cabinet signature & National Umportance status give it urgent priority now and not like before or any ordinary Cabibet matter.
Also point of price target must remember RENAV 58p at $70bbl oil price. Oil price much higher then this & projection to go higher.
Also new licence block will get develop from oil revenue or JV with some bigger then Quatar.
This why people say can be MUCH higher then 58p and with renewable in Mongolia one if best potential in world.
Even 27p WITHOUT Velocirapror many say is low for potential
Now we see price now sub 6p and can say with confidence momentum in Q2 with potential "country making" Velocirapror drill & LP & new licence block & all other news will push price much higher then what is now.
End of week higher & week after higher with Uptrend here & breakouts ready
Happy I hold my MÀTD share :)
FOMO will kick in!
Guys this price is still very low. Potential to be 50p+ this year if not £1.
Great opportunity to get in or add if possible before rerating.
LP may drop anytime.
LP=20p+
Think everyone know double figure is not IF but WHEN?
MOMENTUM in price build up to Velocirapror drill & UPTREND already in place.
Land Permit special certification ANY day now.
When will be very soon I think :)
RNs will come any day. If you do not think so sell lol
We will all be happy then :)
Trades volumes is very high. Something positive is happening.
Rerate on the way.