Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
So what can we deduce from the fact that the mining and MRPAM guys are at our registered office with our CEO and our company registrar on the IOM.
They must have been invited to the coronation!
What's harder to believe. That the meeting was about MATD? Or that they even got an invite and then upon getting it took a detour into the middle of the Irish sea?
Someone may correct me on this as I am no legal expert but seeing as we now know Crowe are our regestired agents and registrars this meeting had to be Matd specific. If they are acting for us they cannot act for someone else around the table?
Oh and just for fun lets look at the Petro Matd website under corporate dorectory.
"Registered Office
Victory House
Douglas
Isle of Man IM1 1EQ
Registered Agent and Registrar
CCW Trust Limited
Victory House
Douglas
Isle of Man IM1 1EQ
Ring any bells?
CCW trust limited.... This is the former name of 'Crowe' and they were also sitting in this meeting. But as you say no new news zzzzzzzzz
And just for fun they let the CEO of an aim company sit in on the talks.
No LP = No activity except Velociraptor which leaves 10million in the bank = No placing needed.
LP = Activity = Income = No placing needed.
JV = No placing needed.
Wood, trees.......nah there's nothing there. Let's all ignore it and look elsewhere.
I may have got the letters the wrong way around and I'm speculating and hoping of course but my thinking was more around some kind of Mongolian Gov injection of funds into the company.
I think it is more significant that the MPRAM people have mysteriously appeared on the island where Petro Matd have their registered office and sit in a meeting there with our CEO and notaries.
Matd's registered office and one of those people is CEO of a fudiciary company.
I'll leave it to you Master but suffice to say this BB will explode with interest. Bets on how many posts today. I will say 500 plus.
I have the feeling that no more placings and no more license issues will happen. They will melt away if its what I'm hoping it is.
The share price will move today maybe before or maybe after Master reveals his news but it will move and it is going up. I have seen what he knows and it is exciting.
Yep got it too!
Very intriguiging to say the least but the credit will be yours Master. You got there first.
If an RNS does not follow this pretty sharpish I'll be very surprised. Great researching by those who got there. My mind is racing about the possibilities given who is around that table.
Well I think we've had fifteen rounds now and it reminds me of Sugar Ray v Roberto Duran. The owl is running rings round you sir and he hasn't even broken sweat.
Time to say 'No Mas!'
Be happy and less humiliated ;-)
Filtered master? So you won't be seeing his news then. I was so looking forward to your take on it. Nooooot
If it is referring to out land then It reads as if the locals are doing their best to stick another obstacle in the way. As if they've been given 30 days to respond but say it's impossible as they only meet once a year. Exactly the reason the central gov need to and hopefully have taken it out of their hands due to 'national importance'.
All just to expand on the TMK drills. They are all in the same area and apparently only 200 metres apart. The first spudded around 12th April and drilled to total depth of 375ft on time and without issues. The others will be similar. These are shallow wells and close together, one would hope that as the first was fine the others will go smoothly also. Velociraptor has every chance of spudding on time.
Be happy and punctual :-)
This nonsense abouy waiting for the refinery to open to grant the special land use. Do you think they will be happy to open it with 500bpd from Heron 1.
There is no reason they can count on Petro China's oil which is currently crossing the border.
They need oil for a refinery that has a 30k capacity it is just common sense for them to allow us to build out production up.
The drilling season in the west of Mongolia where the raptor is situated is longer than the east. It is in previous RNS's. Talon energy are drilling three wells with major drilling. They are looking for coal seam gas. We only need one of these rigs. They have already started their Lucky Fox well spudded 14th April. Very unlikely the raptor does not happen.
The timeline failed but there is evidence including in the latest RNS that the promise did not. Furthermore it appears to be in the final stages now.