The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
No not a word even though we were told that we'd be kept updated on progress on the lead up to spudding, how I see it tho, we were also told the RNS will arrive when V1 has been spud which I think might happen Sunday and RNSd Monday morning (imo), not long now and if LP lands this month also double bonus so really hope V1 is a hit. Certainly interesting times ahead, GLA
Maybe that'll be the time to start averaging up a little. Follow the money as they say. GLA
Watched TMKs last webinar 31st May very confident CEO. GLA
Yes we have to be a producer to be a supplier so hopefully LP soon will rectify that, but we are another day closer to spudding V1, my guess this weekend (Sunday) with spud RNS Monday morning. GLA
Makes one wonder if the delaying tactics are deliberate. Seems the construction dates are put back with even more problems, IE= funding and contractual agreements also begs the question why no mention of PM in that report as a supplier to the refinery. The plot thickens. GLA
Oil pipeline construction https://www.mongolianminingjournal.com/a/72907 GLA
No need the Staples stationary sent should be with them soon now the borders are open ๐
Serious question, how many will be still in MATD in a couple of years time? Not many I'm guessing. On another note wonder if spud will happen Sunday (father's day) and RNS,d Monday morning 19th. Just a 9 more days and I wish I could say it been easy sailing these last 6 years but MATD never ceases to surprise. GLA
I'm sure it was somewhere nearer 50% to 70% with being so close to the producing field right next door but maybe could've been less . GLA
//I I've got this funny feeling MB caused the crash of SP on purpose.
Sp would not have gone this low if he did not release the RNS// But what we all have to remember Master82 it was what we shareholders who demanded that PM update us. But totally agree the recent updates haven't helped the SP at all. Hopefully we get spud RNS next week. Whether we get the rise anticipated to the run up to results is another question, I really hope it's a successful outcome. The results will mean so much now if LP still not with us by then. GLA
Iamrich I would really like to believe that this statement is true but not any mention for PM and our LP
"The Government's resolution on acquiring the land along the direction of the oil pipeline" for SPECIAL NEEDS was submitted to the Cabinet Ministers for discussion at the Cabinet Meeting
This to me clearly says land and development have submitted the special purpose area permit. Until it is confirmed by MB PM best not pin our hopes on that too much. It's only in the bag when confirmed. GLA
RNS will arrive when V1 has been spud. So within the next week or two. I suppose if LP granted sooner maybe both items in the same RNS. One can only hope. Renewable and other news maybe just after. V1 spud so close now I can taste it so let's hope it's a successful outcome. GLA
Little video from TMK maybe might answer part of the question about why the drill will still go ahead for V1. Everything up to now still on track.It sounds very encouraging as they didt encounter any problems with Major Drillings performance.
https://youtu.be/3K6OqxMBD1k
If you call 2 years fast production which is I believe how long it'll take before any of the raptors if successful will be put into production. V1 licence runs out in June next year but if V1 is a hit it then gives PM enough time to sort the EL. LP for Heron is the most fundamental part of this operation and needs to be sorted soon. Just my opinion. As I see it no LP no rise. Come on MB give us what we have waited year's for and get this show on the road. GLA
Shareholder revolt could be the cause, Demanding answers. No doubt MB's head for the chop again but do agree the previous RNS's havn't helped at all. GLA
"couple of months" ๐ GLA
There maybe a problem with delaying the drill for a couple of as the drilling company's services are required for further drilling for TMK's project following ours. I'm guessing also spud around the 12th if it's successful move straight to V2 then that gives the drilling team time to relocate when done with us and hopefully in that time LP arrives and the Heron workover can begin. GLA
And also SirBob if V1 is a successful outcome if I remember rightly it was said that it'll take near 2 years to start any production from the raptor trend but the procedure for the EL should be a lot quicker with all the process already laid out, so it really does show the importance of the LP. As excited as I am about the V1 drill everything revolves around this elusive bloody LP. Yes without it we continue to just be an wildcat explorer. Hopefully ๐ค MB will drop the mother of all RNS's on us and turn it around. GLA
Vikinglass //Epsom Downs 16.30 "Be Happy" 40-1 ๐บ// Oh dear a non runner, sound familiar ๐ hope we get some good news soon GLA
With the spud date for V1 imminent and only being a 20% cos and no LP in sight "yet" so unless it is announced that the LP has been granted in the spud announcement or very soon after It looks like to me (and this is just my opinion) that the SP isn't going to have much of a rise until results are in that It appears to me that the run up from ยฃ0.03p or so to ยฃ0.35p being predicted that happened back in 2017 isn't going to happen this time. Why? Because unless the elusive LP turns up were just a wildcat explorer. Yes we have discovered oil twice but still can't exploit either doesn't change the fact that the previous RNS announcements havn't done the SP any favours so those looking to top slice or bail out if havn't already done so, I have a feeling there are going to be a few disappointed people not seeing that rise . Let's hope MB can turn it around and rightly so Blow the bloody doors right off this with a company making RNS very soon. ๐ Not long to find out. GLA Have a great weekend JTB.