The way I read it is they have a verbal agreement to crack on whilst the paperwork is finished off, 33% rise said it all imo, adding a few tomorrow myself as this is heading north soon ! Bring on Gazelle and the real excitement lol ! Aimho and dyor
If he hasn't got anything to give the shareholders over heron 1 by now then he really should have ...my point being this is tanking and he hasn't said a word to allay market fears ...worrying times imo. if he had anything surely it would of been said knowing nearly half the share price has disappeared. Disgrace this whole debacle ....its just as much a responsibility of matd as it is the Govt to have relevant paperwork in place imho.
Once this admin / clerical oversight is sorted we will be on the move ...only takes a fax / email and a couple of signatures and bobs your uncle ...just my opinion. There is too much weight behind these drills for the Government to risk potential new investment being put off. Mongolia needs oil and investment and lots of it. The last thing they would want is bad press. GLA and aimho dyor
Have to say that I’m very surprised we are only holding 8p ! . I expected 10 to 12p on the run up to Heron Spud with the COS and also red deer about to Spud. Still very undervalued, we have a massive few weeks and months and what with petro and infrastructure I still think people can’t see the bigger picture here ...if matd pull this off we are quids in for sure ! But aimho and dyor ...gla