Member Info for badprophet

WOS seems to be shifting his focus from LP/V1 to future renewables projects - pie in the sky?

Iamadick - you really area a prize idiot. (I would use a rude word but I'm determined not to sink to your level.)

You seem to live in a fantasy world, are you paranoid? I seriously doubt your sanity.

If it ever gets to 5p+ there will be plenty of jumpers!

//I Cant understand the worry here... LP & gusher news will have this multibagging in the blink of an eye//

Sorry for your lack of understanding! But what if NO LP & duster?

//Furthermore, Petro Matad started a new Mongolian refinery construction which is financed by India.//

If they think that's true I can't give much credence to the rest of the article!

See my post at 13.38 yesterday!

If that were to happen the SP would probably be under 2p. No hope for another cash raise but likely a tempting takeover target by some big player with Heron production a couple of years down the line.

The latest news on the LP is that there is no LP. Something may eventually be agreed that allows Heron production to commence - no one knows when or what form it will take.

Neither was the last one - until it happened!

Recession - I think you should include possible/probable cash raise in your likely outcomes.

Even if V1 is a duster I don't think they will say as much - if it's not a strike they will say there are "promising signs" & proceed with V2.

Oh dear! I thought folks were gonna chill out for a bit after a quiet Sunday but NO the relentless, repetitive ramping continues. So boring.

If/when sanctions are lifted the oil importers will probably buy wherever it's cheapest. Business is business.

Thx Manro but I'll do what I want without advice (no offence).

At least it might wake the MG up to what some overseas investors are thinking about Mongolia as a place to put their money.

Is it Hamm or is it Manro? Are they related?

Pointless going on about renewables unless you have the money to set up such projects. Big outlay, long time to see any payback. Without an income from oil PM has no money to invest in renewables. PIs may opt in for another cash raise but not to the degree needed. IMV (as always)

I hope not - that reads like it needs a new law to be enacted not just a signature from the cabinet.

Stop clutching at straws FFS!

Bloomberg are just reporting what was in the RNS. They don't know any more than the rest of us and the fact that they chose to feature it has no significance for a successful outcome.