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Header say ALL & this is INTEL from 30 mins ago (source ikon.mn).
One who say Mongolia wait for have very little understanding of what happening in Mongolia - this is just BB logic LOL.
Today - "In Ulaanbatar, there are LONG QUEUES AT GAS STATIONS the Minister of Fuel Economy informed journalists".
"During the 21 days of the ban, not a single ton of AI-92 gasoline or diesel fuel entered the border from Russia. All resources have been exhausted. This effect continues"
They have put emergency oil order in from China but supply from there limited because largest importer & no quota set for export - look at Oil.com article I post last week about danger of stopping of EMERGENCY SUPPLY from China to Asian countries.
Understand bigger picture then BB chat!
Minister of Mining (Minister of Fuel Shortage) say in article I post 2 week ago PRIORITY FOR DOMESTIC PRODUCTION - this is Petro Matad & have to address Parliament last week to report on Fuel Crisis.
- Cabinet Approval for Heron through Project of National Importance
- MMHI sponsor local govt investor meeting last week in Dornod with Petro Matad there
- Fuel Crisis worse with need for expensive import from China & no guarantee of available.
Mr Master did also make post Sat 06:18 on local meeting.
Heron production will NOT help crisis right NOW but will put country in strong position against this sort of CRISIS.
Local authority will have to clear final signature and why MRPAM letter clearance route. If they block this is against NATIONAL INTEREST & ILLEGAL. Also why all recent intel show they open for this now.
Do own research. Buy or not.
I am happy I have my own stock 🦉
Still do not understand lol. Heron production NOT depend on refinery completion - listen to interviews / do reearch 🦉 Think lot DO understand but look to take position now 😏
I expect RNS within next few week (see earlier posts) BUT price RISE EVERY DEC / NEW YEAR - this happen all recent year so do not mind RNS after this anyway BUT think it will be like I say & FUEL CRUSUS I highligt few week ago getting much worse !
- Full Field Heron Development
- 3 Billion Toson Uul development
- Rolling Newsflow
MATD stock holder have lot to look forward to 🦉
Also from same interview just out few hour ago now:
"We are making all kinds of requests to Russia regarding fuel. The country's internal problems are severe"
Remember big part of GDP come from mining operations & they need fuel also.
Think ALL can see how this developing 🦉
Thornogoson: NO buying from.me today
Did some.more research and this is not the time (yet) for me...
First: yes i agree oil production should happen but is the same as last years.
The oil "crisis " now will delay signatures i think. Just for the simple fact they have more urgent things to do...
In terms of rise of SP every year in december.....
Yes last 3 years a rise but not to much higher levels than where we are already...
Q1 2024 seems a better time to be involved looking at the graphs....
I have no FOMO... i will trade elsewehere.
Be wise. Do not listen to rampers. Stick to your own plan.
Cheers invest or not. Be happy.
12% spread!
MMs needs more shares!
High demand.
No Wos you are a joke ;)
Be happy
Hamm high spread means they do not need shares....
I am not a fan of Doc...but would like to know your broker as well.... same as some others on here;)
Local govt only need to give final signature and Central govt need to explain to people solution for domestic oil problem. Not sure what is more urgent!
This is simple explanation without insult sir.
At least we agree to be WISE in investment analysis 🦉
BOOOOOM is what you are afraid if sir maybe. You sell & now question this with ALL development point one way
Haha Wos this is even sad for you.
I am not questioning the LT opportunity here.
I only question the timing and your ramping. That is all.
Could a rns drop? Ofcourse ..like every day for the last years....
To add as well ; Do i think cash raise is imminant? No
Do i think you and your ramping budies need to offoad shares : yes.
Be wise be happy
Mr Professional
Maybe answer points in post WITHOUT insult. Otherwise look like you use I sukt to mask ignorance for reply
Be Wise & focus on INVESTMENT 🦉
Mr Bird
Did not think you would be insulted so quickly. If so i appologise. Now focus on ramping (uh investment) again.
Be happy SIR. Buy pants. Boomboom
Mr Professional
Answer points in 16.10 & 07:19 posts. Then we can have sensible discussion sir.
Keep this senssibje sir 🦉
There is nothing to answer.... we are waiting for signature....and nobody knows when it will be there.
If you are a LTH and have no fear of another fundraise; go shoppening for few weeks.
If you are a trader and have to much shares; be very afraid and try to ramp others in buying them from you..
Makes sense? Yes keep focus sir... if you are happy you do not need to be here every day all day. Bye bye
For someone without FOMO you're spending a lot of time on the Matad board Prof.
Your money, your choice.
Sold at 3.7p.
Let's see what sort of trader you are shall we?
In summary, Professional got found out last week and has decided to come out swinging this week to deflect from that. Sad.
Doc trying to make new friends? Haha
Prepare some good questions for next AGM;) maybe this management will listen to you.
Good luck guys. May the WoS be with you !
Running out of fuel is never good, but this early in the Mongolian winter with no clear plan for where the next shipment is coming from must be quite scary.
And it's hard to see that should they secure supplies it'll be anything other than just enough to tide them over?
It's all pointing to them needing to sort out their fuel supplies.
Anti oil activists aren't going to find it so easy to try to stop oil development. Locals are going to see the very real need for Mongolian produced oil.
Politicians will see the need too but no longer fear a voter backlash.
I think there's a very slim chance that Prof might be able to buy back in for about what he sold for but there's a much bigger chance that this will nudge higher day after day.
Until the RNS(s) start to land.
Think you understand point very clearly Mr Thorgasson. In article from few hour ago
J.Ganbaatar: We Are Making All Kinds of Requests to Russia Regarding Fuel
I read thru comment section. They all talk about Mongolia need for DOMESTIC PRODUCTION lol
People forget is not only Mongol citizen affected with FUEL / HEATING but Mining sector who make up so much GDP for country.
Govt will at least want to let citizen know country have domestic supply production plan.
What do you think is going to happen now?
Mr Master good find and obvious all piece come together now 🦉
RNS about to drop - ALL indication suggest this now with usual seaonal UPTREND in place.
WISE investing 🦉
Researchandhold said // BP is like a stain on humanity//
//RNS about to drop - ALL indication suggest this now with usual seaonal UPTREND in place.//
Can't believe 4 recommends (so far) for this!!!!
WOS - RNS is ALWAYS "about to drop" according to you and today the SP is DOWN not UP.
I'll comment further when something ACTUALLY HAPPENS. Suggest you do likewise.
Mr BP
Seasonal UPTREND - do not expect price move to be in straight line. You have push, pull back, push so price move upwards over time - This we see
RNS - read posts and reason will be CLEAR. All from main media source / Govt level on fuel crisis and ALL other Intel.
Buy or not no problem - be Wise 🦉
BP - "I'll comment further when something ACTUALLY HAPPENS. " Hallelujah! Lol
I think you run out of FUEL mr real_talk_xd Lol.
Do not worry be happy 🦉