Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
That's not true! My hunch last week was the RNS would be this week or perhaps next week coming.
It is still my hunch and could still be true by the end of this week coming!
Regardless, the point is why has there been such silence and half information with a proper and full disclosure? That's all.
We all know there is a lot going on behind the scenes here.
We hope for the RNS for the SLP which will allow Heron to go live and start to pump some revenue. This seems to be moving ahead after Cabinet approval and just needs for PM to provide the final docs for certification to be issued.
But we also know about the activists trying to make noise about urgent court action to stop everything. So momentum is in our favour the SLP is in sight and should be ok, and yet it needs to get over the line before we can breath more freely.
I sense that all of this is delaying MB and PM or the MG from announcing any of the other exciting news items such as new blocks and the delegation to the IOM and the new co of P M Energy ltd etc etc.
This suggests to me that the issues are still live and hot on the ground there and I am glad that a good calm and sensitive approach by MB seems to be the reason for the slight blackout to us all on the bigger picture.
This is just a hunch and I hope we get that SLP in the coming week.
Well, you have to determine what quantum is.
Structurally it is.
These huge sites, once built, need an enormous amount of safety checks, risk tests, environmental checks and tests, before insurance policies and operational certifications can be granted and it go live.
Regardless of the reasoning. It is well underway and happening. Last time you posted a month or two ago, you were suggesting it wasn't anywhere in sight, which was the sensational headline that was over exaggerated.
It is, but perhaps not quite as quickly as we all want.
Good morning, BP.
I said the refinery was over half built. I didn't shoot you down nor did I intend to. Sorry if you felt that I had.
The refinery is well over 1/2 built. These things take a decade to build. My son worked on the Steel City refinery in Kazakhstan and this is his view.
Delays and time slips do happen due to one thing or the other. But the overall build is well underway and over 1/2 way there for sure.
Thanks, Doc for the post.
Glad all is well. Are you a Doc??
Fully appreciate all frustrations. I am in this quite deep for a few million shares. I am happy that if things ride normally and no one pulls stupidity out of the bag in Mongolia and now all the ducks are legally lined up with all parties now sorted and put into their boxes, then we should see this soon. What soon means could be weeks or a month, but in relation to the ongoing difficulties of the last decade or so, it shuld be very soon.
I think you need help Doc. This is not healthy or normal.
We all know the facts. If you can not cope with the wait or the status, then sell. But don't start this panic absurd and irrational anxiety path. It goes no where and is not good for ones state of mind or life.
Yes, Doc. So what is another week or two then?
Let it go, please. This is doing nothing for you or anyone one else on this sie.
For goodness sake folks! This is like watching some cheap soap. Enough, please!
Everything is fine. Holidays season is upon us in Mongolia and the UK. Everything is fine for MATD. Let the egg incubate a little longer and go and enjoy an ice cream on the beach and have a drink in the pub.
Nothing that any of us can do or say will bring the day forward when the RNS drops.
It could be tomorrow, Friday, next week or next month. But it is close.
Have a good time all.
SP will rise only with issued certificate for SLP and a resulting RNS.
Not today, but very very close.
Thank you WOS.
Good solid progress of the right people in the right places with the right noises being made.
Hopefully the first of many good RNS this week. We will see.
Good Intel with the pieces you have thrown in today.
Good morning WOS.
Can't wait to receive your Intel and enjoy the SP of MATD going orbital.
Is today that day we have all been waiting for? Good luck to us all.
Thank you WOS. Keep it coming.
Again, interesting and informative.
Thank you C&C.
Totally understood.
I read his posts mostly as a skim read. Nothing new until, aha.....something pops up.
Keep it coming WOS. Even if it is the same and continual repetitive feeds.
Lovely post. Thank you. Very interesting.
I also feel that one of the worlds last true people with pure hearts and ancient traditions intact today are the Mongolians. I do have a slight sense of conflict about prospecting in their vast empty lands. I would like to think this is why MB and MATD as a UK listed company that is legally responsible and caring towards minimising the environmental impact is the chosen partner to the government of Mongolia, rather than the Chinese.
I certainly hope they keep their country intact as Monglia with all of their rich culture and traditions.
I think that is a little harsh and cruel.
WOS is finding his Intel. He may be a little more active and repetitive on his posts and seemingly heavily invested too. But he isn't doing any harm and his posts aren't hostile or rude.
I would rather he posts his Intel and throws this in the pot than not. It seems well intended and given without spite.
One day soon his forward looking predictions will come true. It is not his fault that the Velociraptor was a failed prospect and that MB's comments on the RNS about the special LP detailed more minor delays before certification is issued. That is why we are at high 4's and not at 15 or 20p per share.
wow! drift off for an hour and comeback to this. what a shame.
nothing has been said that is ******. i commented that i had been made aware of large changes in the country due to the taking over of their points of culture. i don't give a damn about colour. the more diverse the better. but as howard said in his open letter to the australian people, if whatever race, creed or tribe chooses to emigrate to australia, that is because they like the country and all of the values that have made the country safe based on their christian laws. if they don't respect those laws and wish to change the country to the values of the country they have fled, then they are able to use the greatest of australian values, which is the freedom of choice to go back to the country they have come from.
so this is more about values and respect than anything to do with racism.
i do have a german mother, i am british. i am married to an irish wife. i love diversity and the values of each country and culture. those values need to be protected and not lost to a global blob.
Not yet........!
Love Sweden and spent many many happy summers holidaying by a lake at my German grandparents holiday home near to Tranas. It was a great place then. I understand it has become seriously changed due to the influx of immigrants that liberal Swedes are now strongly fighting back against. Even the local governments or councils are becoming led by the immigrants too, I believe.
Thanks Vikinglass.
Trivia day today.....the header was sung in 1988 by Yazz and the Plastic Population! A good hit back in the day.
Still in bed with Covid and bored!
Where do you come from Vikinglass? I like the nordic history of Vikings and what they did for the world. They created the first democratic parliaments in Iceland and the Isle of Man which a lot of the world now uses. They also named England, being Engle Land or land of Angels as it is so green and fertile compared to the stony and wet Nordic countries.
Totally correct BP.
With luck, certification will be granted now that main hols are hopefully over and offices get back to work including the gov. ministry's.
The certification must be hugely close now. Therefore RNS and SP upward movement must also be just around the corner too.