Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Everyone check for themself like I do
Price break from 3p into 4 to 5p. Then 5-6p
Then hard breakout to double figure & UP.
This time agree with mr Doc on very hard price push & history show this with MATD. Do not want to look at price history no problem.
Look at HEAVY newsflow in Q2 and u derstand why UPTREND continue.
Before person say but price go to 35p and drop back down to single figure I say do research & understand why.
This reason not hit share price now and company in STRONGEST position ever.
I do not care little bit of up & down with price when I see where think will go in Q2 over days ahead.
Breakout will be VERY HARD on LP soon & UOTREND already have hold.
Be happy & watch it go UP :)
WOS. Nice summary you posted earlier.
Price here would jump to 15-20p in Double quick time with Lp in hand for Heron-1.
Analyst estimates based on $70 oil price are:
Heron................ 26.7p
Velociraptor-1......32p
People know how fast this moves.
Out of the 1.1b shares, big chunk is owned by Petrovis Group and also Directors.
Mr P the Saudi led OPEC gang want Oil @ 90-100 bucks or more if they can... imagine what $30 on every barrel would do for estimates!
The extremely low cost to extract Mongolian oil not only helps ensure maximum profits it also means that if and when World oil demand tails off they will be the last fields on Planet Earth to stop pumping.
Superb profits, then good profits for decades to come.
Bigbench. Agree 100%.
Heron NPV10 would jump to circa $500m from $300m.
I think Daquing crude is benchmarked to Brent minus 5-8% discount, still NPV10 is highly lucrative coz these are shallow oil wells unlike the very expensive deep offshore drills.
Heron oil flowed naturally to surface. Beauty.
Just look at price history which header say mr Rich. Same one see mistake before when sell early & see price break out to 35p
Now all thing MUCH better then that time :)
MMs filling orders.
Can't keep holding the pice down.
I wasn't expecting price to shoot up this fast.
I thought it will go up gradually.
Faster it goes up better for us all
More cheap buyer out today & higher price buyer in to replace to set up for header breakout.
Will be good for holder :)
Google show +6.69% up but will take 2.97% as official price.
Main thing have broke through 5p and look like this new support for price to push from & VERY VERY heavy news period now so do not worry about what direction price is moving
UP
Be happy & enjoy evening with family & love one :)
Mr Rich same thing happen on price rise in header & all price rise. No problem to one who hold for this price move :)
WOS: I thank you for your continued positive contributions on this BB - very much appreciated. But now I am getting rather jittery concerning news.
Looks like PM considers no news to be good news. Clearly, if there is nothing to report on then we won't hear anything. However, the silence is - once again - frustrating and all investors would like to know how long at the most we will need to wait until we hear anything of relevance!!!
Okay, matd can't report on anything unless material, but so far we have been told that the mining ministry is preparing the documents to be sent off to the cabinet for approval,
So let's say the ministry takes two weeks which is way over and then the cabinet takes a week we maybe looking at next week for the LP,
You've come along way mate, I expect you will be the last one to get frustrated right now, the market for matd has just started to wake up look at share price and the interest here
The LP is a given and so is the velociraptor drill just need that drill rig date
Gla
iamrich: Thx. I take the Okay as an Ojay.
I think there is a real possibility that this could reach £1 and beyond.
Coming to think of it you are damn right.
£1 party is my guess too.
Golden shares to say the least.
Mr Ojay thank you for kind word sir.
Since RNS on 3 April feel much much better because now see our of hand of local decision & go for Certification of Special Purpose Area as project of National Importance.
This through 100% support of MMHI with all document prepare & ALREADY sent to Ministries.
You remember first new block tender did only get 3 party who have interest to bid because Govt must show they help foreign investor. This is why Mining Minister do foreign tour & Petro Matad work very close with Govt.
Look how much Mongol economy rely on Mining sector and include oil in growth here sir
Last Aug Prime Minister shuffle Cabibet because he want pure business focus. New law to put in prison eco protestor or anyone who obstruct Govt in this.
LP happen any day and have regular Cabinet meeting in April. Even if go into May no problem have great CONFIDENCE we see LP RNS very soon.
In meantime we get closer to Velocirapror and all other operation news.
Remember when LP RNS come we expect DQE RNS soon after so price will push & push.
Have more money I put in tomorrow & happy price go up steady now with old seller make room for new buyer to get ready for BIG rerate soon.
Happy & Confident sir :)