Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Researchandhold said //BP is like a stain on humanity/
Down now to $80 pb (thought someone might have mentioned it- not!)
Mongolian oil is amongst the cheapest to extract anywhere on Earth with highly advantage extraction/tax and duty terms.
The lower the crude price the more competitive they'll be compared to the other fields.
The higher the crude price the more money they'll make compared to the other fields.
It'll produce at profit for Petro Matad and its investors at whatever the price is on World markets.
You can sleep easy with that thought I trust?
Today was fun!
Same time tomorrow everyone?
Researchandhold said //BP is like a stain on humanity/
//You can sleep easy with that thought I trust?//
I'd be surprised if anyone with serious money in PM sleeps easily!
Researchandhold said //BP is like a stain on humanity/
A few green boxes - just ojay/SS/dozy filtered.
I sleep like egg đŁLOL
Be happy & trust research đŚ
Researchandhold said //BP is like a stain on humanity/
//I sleep like egg//
There's gotto be a yolk in there somewhere!
Amazing how BP dislikes WOS so much that he has forgot how to use the filter button for WOS, like he uses for everyone.else.
Also laughable that he won't comment on anything Okay/SS and myself now, because he has been called out that he can't stand losing control of those filtered comments. Bet the filter, un-filter button is worn out on his keyboard lol, sad little narcissist
Another 1m+ buy.
We had the same yesterday.
âWOS, if you think the LP will drop tomorrow, by all means say it, but say it once per dayâ
^^^ this.
And BP, if youâre going to filter people, just do it. Itâs bizarre when you do this but repeatedly then unfilter.
Iâm sick and tired of the Mongolians stalling all of this. I can quite understand it when it is to their benefit and they have such a ginormous country⌠itâs not bastardising massive %âs of their countryâs land and will have huge benefits to them.
The problem with the SP falling is that if/when this does come good, the SP in the immediate term might not be what we hoped⌠much better to have good news from 7p than 2.7p etc. Of course, if you really do believe WOSâs hype (formerly PhillipTan and an almightly terrible individual) then I suppose youâre alright waiting a little while for 100p.
*CANâT quite understand!! *
If we have news after news/ license permit follows with DQE then the share price will be much higher.
Hopefully this time MATD comes with a rolling good news to appreciate the share values.
It is 4 months since we got the permit. It is time MB gives us the RNS we all have been waiting for so long.
We all deserve a great news after years of waiting.
A Share Price re-rate may well be better from a 7p base than a 3p base in the short term but quite quickly it'll be determined by the hard financials that are underpinning the company:
Oil price, profit margin, daily production volumes with extra added on for the perceived value of future plans and developments: new fields, more wells, renewables etc.
Heron is huge for Petro Matad but it might just be the beginning?
There's a whole load of land out there that might contain oil and drills are cheap.
BP
What a SLN you are!
( Sad Little Narcissts )
Thornogson - I hope youâre right. But when you look around similar stocks, itâs chastening how often their SP doesnât rerate like you might expect production might. Iâm just guessing like the rest of us, but I wouldnât be surprised to see MATD spike to say 10p, who knows, maybe even 20p on the hype, and then rapidly fall back. Thatâs when I think the big money could be made or lost.
Local meeting
November 14 in the conference hall of the Eastern Polytechnic School
1. Land. 2. mining. 3. child protection. 4. Will citizens and enterprises actively participate in the open
discussion with the experts of provincial agencies in the field of environment and exchange their opinions? Contact number 88588950.
According to the request submitted by Sh. Ulambayar, a citizen of Kherlensum to the governor of the province, a meeting to provide information to the citizens, receive feedback and open discussion is planned to be held at the Eastern Polytechnic College on November 14, 2023, and the program has been approved.
Therefore, please deliver the announcement of the meeting to all members of the team in a timely and accessible manner, fully prepare the hall for the meeting, and organize it together.
Too true, too true and everyone should seriously consider their options, I know I will at anywhere between 10p and 20p.
Most here can probably look back with the benefit of hindsight and see where not continuing to hold might have been the right call in the longer run.
That said with Heron permissions falls and pull backs should on be temporary with shares changing hands to newer longer term holders with subsequent rises to be expected as milestones are reached.
Bottom line is if you're holding now and permissions are received for the Heron well makeover and Field development you'll do very well for yourself whatever time frame you have in mind.
The Million Dollar Question however is will it come, and when.
IMO I believe everything is being geared up to us getting the sign off very soon. IMO I think we will get it this year, don't think we will be exploiting that oil until early next year though which would be frustrating.
Even though Central government has passed the LP, I still believe they don't want to overrule the locals. Ideally they want them on side hence the meeting arranged and set up by MMHI in Dornod province for Nov 16th/17th titled Responsible Mining and locals invited to have their day. Also at the same time Petro China have just been given a deadline of Dec 1st to clean up their act environment wise. Threaten of closing their business if not sorted. Another bit of news which I believe could be good for PM is that Dornod province now is responsible for their own budget, surely revenue from Heron oil should fall in their hands ? So another reason for us to get the LP finally signed off.
As said all in my own opinion, hopefully it comes to fruition. We have waited ruddy long enough.
I agree Dozzawba.
Consensual agreement is the best option going forward.
It helps that they'll want the money, they might perceive Petro Matad to be a better option than Petro China and they might recognise that they and Mongolia need security of energy provision and there's an element of helping and supporting your country when it asks for it and needs it too?
Objectively it looks like this should happen for all the stated reasons.
But when all's said and done if it doesn't then Central Government might have a back up Plan B that simply involves imposition by rule of law?
They've changed the law to allow it to happen because they recognise that it needs to happen.
One way or another it'll happen in 2024?
Researchandhold said //BP is like a stain on humanity//
//BP
What a SLN you are!
( Sad Little Narcissts )//
I'd rather be what I am than what you are!
Hmmm,
Here we go!
For all your faux outrage against WOS he's just pointed out that areas of Mongolia have already run out of some grades of fuel and that next week there'll be a widely publicised converence to interact with locals about the advantages of responsible mineral extraction
That's a '2' and '2' that think will add up to '4' (a 4 bagger at least)
I'm not sure what yours adds BP?
Play the ball or not at all?
Researchandhold said //BP is like a stain on humanity//
"The bears are in full control. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to STAY IN CASH."
Make your investment decisions on a 'signal' if you want, it's your money after all.
Do you keep your cash under the mattress?
Good rate of return is there?
Get in before the inevitable is my call!
Researchandhold said //BP is like a stain on humanity//
You may recall it was WOS who started quoting British Bulls. I'm just keeping folks up to date.
Oh and what a surprise, keeping folk up to date with a negative post. Sad little narcissist