Member Info for roxy2020

As the header says it literally.

This has come at a time when all the LTH and some others were getting a bit p***** off with the

Lack of momentum.

Lets hope this is the beginning of a trend that shows support at or above 4.0 until RNS.

The long term prospects are not in doubt but this sudden rise is a bonus and a big deal for many.

GLA

We will see this rise slowly but surely.

We have to be patient and this ride will pay off.

Anybody hoping to make a few quid too quickly had better hop off and get on the next ride.

They are on the wrong one.

GLA

I share your concerns investor but as a LTH myself I think many have overlooked that Mongolia is a different cup of tea. Progress is not swift and I must add Mongolia is not alone.

I have seen this in many developing countries .

If you compare progress and access to western standards than you will definitely find this is not the case

GLA

I totally agree. IMHO If this announcement comes in 3 days or 30 days the trend is northwards from hereon.

I can't understand what a difference it will make in a few more days to someone who is a genuine LTH.

Unless you are here just trolling.

GLA

In an environment marked by a combination of tight supply, escalating demand, and ongoing geopolitical tensions, oil prices are projected to surge, potentially reaching a peak of approximately $95 per barrel this summer.

This perspective comes from Francisco Blanch, a leading commodity and derivatives strategist at Bank of America, who has recently revised his outlook on the oil market in light of these evolving dynamics.

“Oil is fighting the Fed, again,” Blanch stated in a note published Wednesday. The analyst highlights that escalating fuel prices are influencing headline Consumer Price Index (CPI) trends, thereby potentially limiting the scope for central banks to implement rate cuts.

Persistently low inventories: Across the board, the oil complex is experiencing significantly low inventory levels, a situation that is contributing to upward pressure on prices.

OPEC+ production decisions: The output cuts enforced by OPEC+ countries are serving to tighten supply in the global market.

There you have it Folks. Interesting article for your consideration.

GLA

@investor

A very good post investor.

I think every word you said is spot on

We still have a hill to climb. But its not a steep one. Nobody should deny that. The arrogance and

Mischief posted by the usual mob seems to indicate they could be shorting and this is the reason why whatever MB and MATD propose and are trying to achieve they will never be satisfied.

As for us LTH the true value on this ride is approaching and that will be evident soon.

GLA

Still plenty of time for the nayers to rethink their strategy and jump on this ride as this is as cheap as it will get.

Once the next rns lands this isn't going to be less than 8-9 p at a minimum.

Wos is accumulating a few more now and again and that is a good way forward as far as i can see. I think I will fill my boots soon with a sizeable chunk of my ISA.

GLA

@Prophetus.

You got it spot on. Totally agree.

We know that there is enough in the kitty for the first of the operation in block xx so there is no need to panic. Nobody is going to pump in further cash unless they have concrete evidence of why the cash will be needed and exactly what are the benefits in this further cash injection. If a need arises it will obviously judged on its merits and what effects if any it has on the individual concerned. In the mean time take one step at a time.

GLA

@Rand H.

This is still very cheap and from what we know already this is now a waiting to spike.

The Fomo fever is taking over slowly but surely

All LTH this is looking good 👍.

It will be the start of the drilling season soon and matd are well placed for this to begin.

Stop bickering about a placing and a dilution until this is on its way. The rest will fall in place and we will be better placed to see the result and if anymore needs to be pumped in.

GLA

Yes I agree Cyber.

We've waited for this a while and some perseverance and patience is now required to see this through. I am sure Buck and his board are aware of the situation and understand shareholders concerns. For us LTH a few more days won't make that much difference

GLA

Nobody can say with certainty when the RNS will land but what we have witnessed so far is that the activity in Mongolia both at PM and Govt level is pushing towards some positive resolution for all of us. In this context it would be fair and proper to assume that this is probably the best period in which to get on this ride and benefit from the re rate which is due in a matter of weeks if not days. whether this is going to jump 2x or 3x or even 4x its current sp is IMHO debatable.

There isn't a chance of thIs going back to sub 2p.

The shorters are going to be caught and will be disappearing from here.

They had better change their strategy.

GLA

That was before all the nayers read the latest intel and research posted by some. I got there first.

Two minutes let alone two months is a long time in share dealing.

GLA

The nayers here haven't really done anything but moan about the Intel and research posted by some.

This ride will spike and some will be caught wondering how it all unfolded .

GLA

Even a trivial matter of getting a signature can take a few weeks in Mongolia.

Patience Folks!!

But we will get there. IMHO we are going inthe right direction

GLA

@Supersport.

I was just about to say the same. You stole my thunder.

Wether this shoots to 8p 12 p or 18 p is immaterial and irrelevant

What we do know given all the information is that this will head north anytime soon.

Absolutely crazy to jump out of this ride now.

GLA