Getting back to mmfra's today's post @09.55.....19 Apr 2023 13:18
master82's message of yesterday regarding the issuance of the LP may have been a bit premature but not wrong at all. MG, PM and MB all know it is coming....just not as quickly we thought it would.
The "NON-DENIAL" by the Mongolian authorities or rather PM's communications dept. is well thought thru.
I know most of you were not around in January/February 2017 when PM's SP reached highs of 37p. The SP surge happened within about 30 days. PM's communication dept. at the time felt compelled to issue a RNS saying that the company is unaware of any substantial news which would justify the SP rise.
Over the last 2 weeks we've experienced a handsome SP rise which is clearly not (yet) as substantial as in Jan/Feb 2017. However, if the current "rumours" related to the LP were misleading, I would expect to receive a respective RNS to correct that - just like this was done 6 years ago.
GLA