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So many hater here. If you have invested, and people like WOS are positive with there statements, and many times add decent insight along with others. Why do you hate on them? They aren't telling people to part with money, there not asking from anything off anyone. One could easily suggest that your a shorter? And you just mud the facts for your own gain, but tbh who gives a S***. Invest, have a sell order for your price and make your margins. This is going up with the heavy news in pipeline. V drill will carry this to 8.5p alone. Beyond that and LP, more than likely due to all the lobbying, but as for a time frame, that is unknown. Ride the wave and let the current take you. But stop bitxhing.
Ive been invested here for over 5 years and over the time, been in and out more times than I can count. The SP has moved over 200% over recent times and yet still people blame others for their own agendas. Do run your in game and follow your own strategy. This is going back 7.5 - 8p within weeks. Surely most people would be in profit with that. If you don't like. Sell up.
Easily 10 - 20% gains to be made here for any new trader. I got burnt by there guys nearly 10 years ago with "Glowing in Dark". Just seem the same typical behaviour repeated. Picked up a few grand for the bounce. Good luck long term holders. May he best to to average down, small gain and dump.
Hmm, stumbled across this interesting link published today when researching latest of our position. Would appear the Governors Office has accepted the tender to drill a new well in our province - its definitely brewing up here!
https://www.tender.gov.mn/en/invitation/detail/1680789158063
The results from the voting are surely now in - Block Buster RNS due next week.
https://mrpam.gov.mn/news/2514/
28th or 2nd May for the golden RNS. If you look back in history these two dates are the main dates the the company drops company communication. This were see a nice buildup this week for the inevitable. So much spice on this forum these days. Its simple, invest and believe in the company direction, don't invest and observe. No one invests here and hopes for it to go down. Anyone talking negative (Not balanced crap) simply want in at a lower price. You attract the reflection of what you give out to the world. GL
This is great - its amazing how many posters attack others because they are emotional about the investment. No-one apart from official company RNS can clarify the actual position. Fundamentals have not changed in the slightest. Spud happening in June and a ton of activity going down to Heron in an active position, with loads of new blocks on offer the MATD have action in. Im loading up, sub 6 is a gift. This will be 7.5, then 9, then 12 before you know it and your look back to think, Dammm 6p was so cheap pre news!
This share is building very nicely all in alignment with the wider programme. Drills, New land, Refinary, New Spuds and of course the LP BD Finally renewables. Order book is bunching nicely for buying pressure. 10p written al over it.
MPRAM just gave the nod to commence on ground activities for Jade Gas....Surely were next.
https://www.energy-pedia.com/news/mongolia/jade-gas-drilling-program-focused-on-increasing-resources-190699
They are investing in renewable in Mongolia;
https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=947192
No need to worry about Petro China, they have hit the Jackpot.
https://www.upstreamonline.com/field-development/petrochina-taps-deep-reservoir-for-tarim-field-expansion/2-1-1404616
$25k of his own money - you mean needed another $200k a year salary, so dangled a carrot of LP that has been blocked by local gov and then tossed 12.5% of that exact money back at the wall......Dont worry, another $200k next year too.
If this dusts on the new speculative drill in JUNE - will be a disaster. What a worrying time risking entire company on a 20% chance of discovery.......panic mode to me.
If it was all so reassuring, why an earth was a credit loan facility not used and then re-inbursed from the already found oil of Heron.....Oh i tell you why, because THEY HAVE NO PERMIT TO TAKE IT and as it stands unlikely to ever will.
And as for your comment about people crying on loosing thousands. its not the first time this tactic has been used by MB, so there is a trend and a pattern and anyone who think it wont be followed by a further raise in time and a consolidation is dreaming.
Im getting out soon as breakeven.
This is outrages. MB has been proven to be a complete BSh*tter. His own words "We have 6 million bucks in the bank, so were comfortable there". Next thing, he states an RNS saying that $4m is going to be raised...next day oh wait, its 33% higher...now $6m has been raised. This company have achieved sweet FA for years. Disclosure of salaries should be investigated to find out EXACTLY what these overheads and administrative expenses are? Beyond this, giving constant lip service of LP soon (Jam tomorrow). Lets face it, facts are it was rejected by local council. Gone to minister at made GOV and FA progress made, which clearly means there is no appetite to do it. So essentially, all this company is, is a wildcat oil exploration company in a land locked country, who is owned by china and never had any commercial value from any major oil and gas player. As soon as breakeven, get the F out and never look back at this spank. No wonder the AGM is in Mongolia - bizzare as its listed on a London stock exchange. If this was exploring the Sarah desert....would it be held there in middle of summer? as the title, what an absolute disgrace.