Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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V1 Spud 13th June - 30 day timeline
Est Results 21st July (14 July + 7 days)
3rd April Update - Documents circulated to all Ministeries in advance of Cabinet submission
22 May Update - ALL Documentation by MMHI had been CONPLETED by this date but was transferred to Ministry of Urban Development (mcud.gov.mn) to secure any future legal challenge to SC because jurisdiction is theres.
This make about 48 days MAX. This is without fair assumption very likely transfer of Ministry happen before date if RNS 22 May.
Also understand reasonable to think all Ministry opinion is unchanged & because National Importance designation give CLEAR message of Govt position on this
Same timeframe without assumption I say above & FULL timeframe give 9th July.
BUT
VERY UNLIKEY
1) Process not shorter because if Ministry position already give before
2) Process start on EXACT DAY of RNS and must be BEFORE maybe quite long time before.
This is logic and have put for all to see. If so wine say no need insider info maybe they do not understand how investment work.
One who say cannot always rely on logic I say better then pulling number from b*tt.
Special Certification land access RNS for Project of National Importance coming any day now & BEFORE V-1 drill result.
Be Happy without Psychic buttt & with LOGIC :)
So I've said end of July and you say 9th July.
Doc says Sept, which is only another 3 weeks from your date.
It's hardly worth going to war over all the time is it?
However, your dates are getting nearer to our "butt hole" estimates
....just saying 😉
Maybe you read while post & not be sloppy in this matter sir.
Maybe then you understand what post mean & also what "very unlikely" mean in post about 9th July ;)
Be happy but with reading glasses on :)
Well we'll see ...
9th July VERY LATEST but should be well before this for logic reason given
Hope you check gas meter better then you read sir ;)
Its your poor English
VERY UNLIKEY
1) Process not shorter because if Ministry position already give
Just another long winded guess at things. Fair to say after waiting years, to narrow anything down to 'days' is hopeful.
I cant wait for something to happen. To put us all out of this misery! F
Gla
I didn't read gas meters when i was a conveyancer ....
And i hope you don't read them either, as the figures would be enormous and the bill would be due last month lol
I hope WOS has sent his LP timetable to GoM. They obviously need something to work to.
Okay this is true sir & apologise for confusing English.
Mean "VERY UNLIKELY process is not (much) shorter". Ministries will only need to copy same reply
Process MUST start before day if RNS uodate & maybe weeks before.
9 th July only give as very latest date with same Ministry reply time & with process not before but ON date of update. All know this NOT the case.
Even in worse case we should get RNS BEFORE V-1 result.
Give lot of confidence to holder of MÀTD share for multi mukti bag Pryce rise even without V1.
* We have gas cannister sir for our need :)
Next Cabinet Meeting 21st June sir.
Uluunbaatar time +8Hr GMT so investor should remember this ;)
Believe you are correct about bearing Cabinet submission time.
Timeframe I give in early oistcwaa very LATEST and still this is before V1 drill result.
With last update 22 May, Ministry opinion maybe weeks before this & Ministry feedback unchange then submission could be any day.
One who already have share can sit & relax for major RNS on this :)
Pdr had 25% chance of success and the SP didn't budge through out the drilling period. Just look at it now it has doubled.
PM has working petroleum system and we are waiting for LP. If both come in this will be over 15p
//9 th July only give as very latest date//
9th July is a Sunday, so do you mean Friday 7th or Monday 10th ?
Curious, what's three weeks after 9th July? You said September but what happend to August?
You seem to think you smart 😂
Sir this is technical estimate base on number of days from MMHI process apply to MCUD process so Friday or Monday not important.
This just give you idea of VERY LATEST timeframe. This also assume Ministry transfer on date of RNS and all thing we know will not be case.
More realistic should be WELL BEFORE this timeframe and depend on how much before update did Mi ustry transfer happen & straight copy of other Ministry opinion from them we can see potential permission van be any day now.
Think this give us lot if security in position with or without V1 drill result
I'll presume WOS's latest date for LP/SPC is Friday 7th July, as he says 9th July at the latest.
(It was Doc that suggested September).
Who sell matd soooo low???
//Who sell matd soooo low???//
Er - people who bought it a lot lower or think it's going to go a lot lower I guess.
BadP - or people who need to sell some from other reasons :)
Viking,
so suddenly a lot of people are selling for "other reasons?"... Why all at the same time have they all these "other reasons'??
If you look back when there is a sell off "Them in the know" always sell first and the LTH always ask "Why all the selling".. The reason for the sell off will be known soon enough ....it's always the same with MATD ...
Email, zellman,
I wouldn't call this low volume a "sell off" - looks like the normal daily trades to me - we all sell for various reasons and does not have to be negatively portrayed 🚀💩
No one seems to know begger all on here