Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Researchandhold said //BP is like a stain on humanity//
Used to be unusual when there were as many BB comments as there were trades - now it's 3 times as many.
Why don't you all just cool it? PM will come good or it won't. Buy, sell or hold - your choice but why keep going on about things you have no influence over. Utterly pointless.
BP - it's the unbalanced posters way of trying to convince themselves. As much as Hamm used to bang on about his guaranteed golden tickets, he's actually very insecure and nervous about MATD.
B/p & doc: Many thx for the added value of your contributions.
Researchandhold said //BP is like a stain on humanity//
Ojay - what of value have YOU ever added to the debate apart from hoping I die?
Thanks, Ojay. And glad you're finally seeing the light, and that the likes of Hamm are not to be "recommended".
Do I need to add value to remind you that you add no value? Take a look at the number of the posts lacking useful content you've submitted: And you have the nerve to ask me that type of question?
Take a flake.
Researchandhold said //BP is like a stain on humanity//
Some posters here claim to do research and others commend them for it. As far as I can see none of this so-called research has been of any more use whatsoever to investors than the company issued RNSs.
The very best advice I've seen here is to trade it when you can and forget about holding long term.
Hear hear! Advice from b/p.
A very trustworthy (and competent) source!
Researchandhold said //BP is like a stain on humanity//
I rarely give advice - I mainly leave that up to the rampers - buy now it's cheap, LP in a few days, multi-bagger, 10p when LP lands blah blah blah!
Translating the interview with the mining minister. They are obviously looking for more companies to invest in oil exploration. He said Petro china oil is declining and they need oil investments to keep feeding the refinery which requires 1.5m tonnes of oil ..
No idea why he isn't dictating the local governor..
They found no investors.
Https://twitter.com/BolorchimegUrug/status/1787800445202878865?t=-93_SYjbiPaJ0cNQhb_uMg&s=19
Good post master. Thanks
Amazing.
Oil is there sitting to be extracted!
The amount oil in that area could last for years if not for ever.
Petromatad just need to get the income from Heron to be able to do more drilling.
Good God what is the matter with them!
Good thing I didn't invest in Petro China!
Great post Master thank you. Very interesting.
Having slowly translated a lot of the comments into English from that, the Mongolian people seem to bemoan the blatant corruption in their country and asking why would foreign investors come here when it is like this!
This is good and bad news in my view.
Good as in there is clearly a desire from the Mongolian people for decent foreign investment to come there and to make mutually beneficial businesses with the Mongolian people and government.
Bad as in there is clearly blatant corruption, which even the Mongolian people themselves are clearly sick off because it's that common there.
Nobody mentioned Matad in the comments as far as I can see, so maybe making a few Mongolian people aware of what's happening to Matad and our 5 year+ wait for permission to simply extract Oil after finding it wouldn't hurt?
Nothing negative about foreign investment or Matad anyway, so the Mongolian people would hopefully back us and even put some pressure on the right people if they knew about us.
Matad getting the green light for production would clearly attract more decent investment into their nation.
The amount of money that they have lost out on as a nation over the last 5 years from Oil not being extracted is huge, and just because of some corrupt politicians holding everything up for whatever corrupt reason they have.
Just my thoughts on it anyway, no doubt some will read it differently. Be interested to hear all constructive points of view.
GLA
You could not script this, it is a complete farce.
So Mongolia is short of oil yet is sitting on potentially a massive amount of the stuff. They have proven up enough and they probably have a hell of a lot more left unproven.
They have a preferred producer in PC who is either running out of oil or running out of the knowledge as to how to extract it what they have.profitably
Mongolia are consequently looking for more Foreign Oil investors. They have one readily at hand who has oil and got permission but because of red tape they cannot produce and because they cannot produce they cannot explore for more and because of government in action they are not attracting any over seas oil companies. Surprise Surprise!
There one of two things and maybe even both.
1) Government is waiting till after the General Election before pressurising the local Governor into signing.
or
2) Whilst shortage a problem they do not want it meandering its way into China so waiting for their refinery to finish.
I think this could be a long wait and tend to agree with Hamm that why is the government going to rush if they the MD of our company lives 6153 KM from Mongolia. I know the digital age works miracles in making the world smaller but feet on the ground always and always make a difference.
I am waiting this out or certainly for the moment. But the time will come when i will need to think long and hard about what i do. But i have mentally written any of these 1p shares off completely.
Ibiza its got to the point now where whatever MB says about progress or PM in general he want be believed