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Like Header say.
Have give very strong reasons why expect RNS and do not need to say again - IMMEDIATE price Re-rate with this!
OR
Steady price climb thru DEC / New Year like nearly EVERY year and all also know how low volume move this with people start taking position again
WIN / WIN
Foooolish talk of challenge is for fooolosh people & not serious discussion of investment on BB.
Be happy & WISE 🦉
HEADER SAY ALL! (like Mr Wolverine say lol)
Also Dornod Eastern Mining Conference have started. From Dornod Governor - "By communicating the BENEFITS, EFFECTS and TRANSPARENCY of the mineral resources sector to stakeholders Responsible mining day of the Eastern region is being organized in order to improve CO-OPERATION". (Remember one of sponsor if this is MMHI).
Like I say will get IMMEDIATE Re-rate with RNS or proven price build up over Dec / New Year.
Take ALL factor together FUEL CRISIS, CABINET ORDER, Heron as NATIONAL IMPORTANCE PROJECT, DIRECT Central Govt discussion with local govt, Conference today organize by Central which I think will present approved certifucation to local, PARALLEL PROCESS by MRPAM letter & confirm HERDER COMPENSATION agreed.
Make own mind up and buy or not. Like I say all in header for price move. Also see new poster come onto BB and will become tide of new poster over next few day I think - good or bad but show interest build & price move on VERY little volume.
Be WISE and focus on INVESTMENT 🦉
We welcome new poster but remember lot on BB have very good research & knowledge of company 🦉
RESPONSIBLE MINING EAST REGIONAL ASSEMBLY MEETING STARTED
The "Responsible Mining" conference of the Eastern Region, jointly organized by the Ministry of Mining and Heavy Industry, the Ministry of Minerals and Petroleum, the National Mining Association of Mongolia, and the National Council of the Extractive Industry Transparency Initiative, is starting today in Choibalsan, Dornod Province.
The conference was opened by B. Delgerjargal, the head of the Statistics and Research Department of the Ministry of Mining, M. Badamsuren, the Governor of the Eastern Province, and G. Erdenetuya, the Executive Director of MUUA, and they emphasized the support of responsible mining by government policies.
The guest speakers of today's conference will present the government's policy for the development of responsible mining in the mineral resources sector, the current situation and the policy being implemented in the field of environmental protection and its implementation. Also, the positive and negative effects of the mining industry, including the effects of illegal mineral extraction, will be emphasized, and how to ensure civil society and local participation in the development of responsible mining will be discussed.
Representatives of Dornod, Sukhbaatar, and Khentii Provinces, Ministry of Education, Environmental Police, civil society organizations, local people, and enterprise organizations operating in the field of mineral exploration and extraction in the eastern region are participating in the conference. As for the eastern region, it is rich in mineral and oil resources, and the provincial and local authorities have stated that they will responsibly develop and support mining in their future development goals.
This conference aims to improve the cooperation of stakeholders by communicating the benefits and effects of the mineral sector to the stakeholders in the right way, and promoting the activities of responsibly operated mining projects to the public.
The conference will last for two days, and tomorrow, November 17, 2023, the stakeholders will get acquainted with the activities of the Step Gold company project and exchange information.
✅ "RESPONSIBLE MINING" EAST REGIONAL CONFERENCE CONTINUES WITH PANEL DISCUSSION ON STATE DOCUMENTS ABOUT RESPONSIBLE MINING
Moderator of the discussion: G. Erdenetuya, executive director of MUUA, B. Delgerjargal, head of the Department of Statistics and Research of the Ministry of Natural Resources and Energy, L. Bayarmandal, head of the Department of Minerals and Oil, B. Buyannemeh, head of the Department of Environmental Policy and Regulation of the Ministry of Environmental Protection , the governor of Dornod province M. Badamsuren, the governor of Khentii province Ch. Chogsomjav, and the senior specialist of Sukhbaatar province's health and education center M. Gerelt-Od are participating.
Thank you Master and WOS for your updates which is very much appreciated.
Yes thank you.
Regardless of what some say I'm keen to hear what Politicians are saying relating to their plans for Mongolian oil production, refining and ongoing issues with domestic petrol supplies.
I can't help thinking that we're at a crossroads as to how things are going to be moving forward?
Agree all local information is appreciated.
I can make up my own mind on timing levels etc but local info helps. Looking good indeed and i see some shifts in orderbook as well. Lets see if it continous. Cheers
This to accompany masters post, https://www.mongolianminingjournal.com/ GLA
Dornod Mining Conference 2nd Day - good message coming out of compromise with mining companies.
Also Prime Minister statement today headline
"Let's move to reforms where the private sector raises issues and the state supports and FORCES them" (source: zasag_mn / mongolia.gov.mn).
This important because in line with support / development for Petro Matad
Also say again and VERY important:
- Heron is Project of NATIONAL IMPORTANCE not just foreign investment
- Central Govt ORDER to local govt
- MRPAM / MMHI now involve with DIRECT local govt talk
This all happen with fuel crisis build up in background. Remember MMHI organize this conference. Think it obvious with National Importance project & Direct talk take place that Petro Matad will be part of discussion.
Like header say WIN/ WIN - RNS next few week then immediate Re-rate
Otherwise back on UPTREND with volume build up EVERY Dec / New Year
For my investment holding time make no difference. Price will find level in this time period and calculate will be MULTIPLE of MULTIPLE of buy price now.
Also think lot more to IOM meeting which will be massive for Petro Matad profile in Mongolia to attract JV & share price / Institution investment 😏
Buy or not - Uptrend starting up same as evey year pattern 🦉
UPTREND - Back to investment & header say ALL!
Researchandhold said //BP is like a stain on humanity//
WOS - have you any other gardening skills besides "hedging"?
Someone please lend me a £100k.
Happy to Master once permissions arrive and this re-rates.
Or is that too late?
This is perfect time to invest. Few weeks and this should be 5p if not lot higher.
Watching the governor yesterday has cooled off the worry. He has actually come to an agreement and attended the conference which is a big thing for him.
He is an anti mining governor that is for sure.
I think it's too easy for us to shout that Mr Buck should to this or the Mongolian Government should do that.
The law's been passed just enforce it!
We're now in the position that nothing is likely to happen until late Spring/Summer 2024.
There's no need to force people into corners or try to strong arm them to change, better to be persuasive and allow a process to develop that allows all concerned to reach an agreement that is for the greater good with no one being made to feel that they've lost face or been overruled.
There's oil and there's Politics.
I think we're getting there.
Ask your bank manager
Excellent post Thornogson- the voice of balanced reason. ;-)
Well this could be a nice end to a bad week...3.4p offer!
✅⬆
tick up
Can offload 1m in one go.
Big demand.
This should see 100% rise when news drops
Matd was over 6.5p back in june so we have a long way just to get back to where we were then and not getting over excited as Matd well undervalued as are a lot of stocks
Nicely going.
Not much stock available, a bit if volume here and we will be close to 4p by end of day.
Well done.
Something is seriously wrong here today
we actually have more trades than chats!!!🤣