George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
More likely that some people should be certified.
The Chinese government has a unique approach to Covid which is no vaccinations but strict lockdowns in cities and provinces, people are confined to there dwellings and there food is home delivered, you will be arrested if you leave your home.
The Chinese government wants to eliminate Covid and has no intention of allowing Covid to get completely out of control so there will be little to no assistance from the Government in relaxing Covid restrictions that are deem to be in the nations interest.
In China a lockdown is usually for 5 weeks or in a major cities like Shanghai it can be longer so in the short term this will not help MATAD and hopefully our oil will stay safe in the ground and hopefully also our money in the bank, we just have to sit tight.
Each person must make there own decision to either buy, hold or sell and perhaps when considering there financial position just spare a brief thought about the suffering in Ukraine before we restart our pathetic whinging and attention seeking between some ill informed people.
Great to see some intelligent posts being made instead of the moronic pre death ramblings that are so often on this board .
Especially glad to see Mike and the board together answering questions from the shareholders as more of this is much needed by current MATD shareholders and would also help other future investors.
Still do not hold out expectations that there will be a joint venture partner before the 2022 drilling especially any Chinese company as this is not the way that the Chinese do business but I could be wrong.
Lets all come back in late 2023 and discuss who had the fundamentals correct to either buy, hold or sell.
Is the 5p to 8p range prior to drilling, or after Heron 1 becomes a valuable income source or and that Heron 1 is producing and either Heron 2 or Heron 3 finds further oil or pray to heaven that Heron 1 is producing and we hit more oil with both Heron 2 and Heron 3.
Strong chance that MATD will drill alone in 2022 and there will be no farm in until hopefully further drilling success within the Heron field. Then what price range?
Suggest you do a little bit of research before asking any further questions, its a well known fact that trucks will be able to move the oil from block XX to the refinery as its a down hill slope but the real problem is that once the oil is at the refinery the road suddenly becomes a vast up hill climb thru the mountains so obviously airfreight is the only option in winter.
Also appreciate your well thought out financial advice you obviously you are a fine student of Bernie Madoff and a
great inspirations to all.
I have been an investor in MATD since 2010 so on that basis I am totally unqualified in making comments on oil investment but I am qualified to comment on business and experiences in dealing in 3rd world countries with 40 years experience.
MATD will get the EL only when the Mongolian Government has correctly followed the awarding of the EL license process and set the precedent which all future EL licenses will be granted, it is the Mongolian Government responsibility to look after its own country and its people firstly and not AIM investors.
In the near future MATD will be well rewarded for there work and patience by the Mongolian Government not only in the granting of the EL but with future licenses and opportunities , why some investors may not understand or accept the numerous delays remember it is Mongolians country not ours and what justification do some greedy little foreigners have to insult the Mongolian government that shortly will allow an incredible opportunity for all MATD investors.
I expect the EL to be awarded later in June or July but I am positive once awarded MATD will have the opportunity to become a major oil producer in a developing politically safe country that has granted extremely generous taxation benefits to both Mongolian companies ( Petrovis ) and foreign companies to invest in.
To the realistic positive MATD people our time will come soon, we must not forget that even the dull and ignorant they to have their story.
Looking forward to very shortly Mr Positive being will be let off the chain.
All the best to all.