Petro Matad CEO Mike Buck confirmed that he believes the Exploitation Licence for Block XX in Eastern Mongolia is likely to be awarded in Q2. Watch the full video here.
Still hàppy with overall directio .
Shares doing much better than Snowman who has been in a cardiac ward following a heart attack.
Consultants trying to subdue à raging
infctlion before their planned treatment.
If you don't mind me saying Ian........you have it slightly wrong there LoL.
78p isn;t optimistic, optimistic is 5% of 100 Billion dollars in ground value reached in an all-out bidding war between Russia and China.
Cherakov (EUA strategic Advisor) hinted at 50 million ounces in his interview with Proactive.
50 million ounces at $1840.00 per Troy Oz easily reaches upwards of 100 Billion dollars if all the other metals are added in.
Gecko...The resources have not disappeared overnight and the patient will be rewarded as intrinsic value and fundamentals will always come to the surface.'
Not only have the resources not disappeared, but they are actually increasing in value daily on an almost exponential scale!
The market is only slowly waking up and smelling the coffee.........but as they are slowly coming round to the inevitable acceptance of the massive, almost unlimited upside here the MM's are going to find it increasingly difficult to hold this share price down at this still silly level.......even now, it should be north of 7p a share WITHOUT any sale lurking.........it's a monster and IMO AIM is going to witness the emergence of a sleeping Kraken, the likes of which the AIM market has never hyet seen !!
Here are some old Russian geological links giving mouth-watering descriptions of the ultra-Mafic mineral richness of the Monchetundra area......it's enough to give mining companies a raging hard-on!
Post by Milste on ADVN.......'Old Article still worth a read...hTTps://translate.google.com/translate?sl=ru&tl=en&u=hTTps%3A%2F%2Fnation-news.ru%2F338982-skrytoe-bogatstvo-rossii-geologi-nashli-krupnye-zalezhi-platiny-i-nikelya
Translated version of the above link:
Interesting Area, Interesting and exciting times...
Works for me......Happy Christmas to all holders !
Sheer Bliss.....53 on filter and now the board is sparse but interesting.......all the drivel is cut out.
Have been invested here for nearly three years and it's been quite a ride.....average price 0.42p so doing ok, but the main game is yet to come........feel we are very close to reward time now. High powered BOD now on side for the final push......strategic resource rocketing in price so the big boys aren't going to want this deal delayed whilst Palladium is rising meteorically.......got a feeling we're going to have a really good Christmas !
I am also suffering a huge loss right now. But in a mere three weeks (if we don't crash and burn!) we will have multiples of this share price and a very very very happy Christmas will be had by all !
Glass is still 99.999% full !! Come on JW et al....show us a class act !!!!
Crl…..have no fear….I think your frustration will very soon be relieved.
Submission of planning pre-construction documentation and release of revised construction tender documents should be RNS’d this coming week, then probably in the next 2 weeks after that (all that’s left before Christmas) should follow some really juicy RNS’s for chairman appointment, commencement of enabling works, heads of terms for project equity funding closely followed by the equity funding agreement being exercised and final investment decision taken.
All these are scheduled before end of year and if they are pulled off within that stated timescale the SP will be in a different ballpark
No mention of the Marine Licence in the September update RNS only that the dates of the statutory notice will be issued this year, so it looks possible all the finance stuff can go ahead without the ML actually being issued. I know I have stated many times that I didn’t consider this possible….but extremely happy to be proved wrong.
So the scheduled pace of news flow to come is absolutely blistering and if it all falls into place the market will have no option but to sit sharply up to attention and the SP will fly. JW et al will have played a blinder with the timescales and INFA will have almost miraculously punched a very far way above their weight.
Very very exciting………good luck to the BOD and all LTH’s !!
Agreed Unknown it could be mega.....and I'm pretty much attracted to the concept and business model as well and would also invest in it anyway.....the market for it is vast and they seem to have a solid plan of attack.
Although I think eLight might work out OK, the only thing I don't understand is why is there the need to raise £3M (is that a further 13 Billion shares?...current MCap only £1M ) through a placement whilst we are selling the entire Metal leach operation.....surely the IP rights/patents alone are worth more than that?).
Re metaleach, I think AXM techniques may have had a breakthrough and will be used on various projects very shortly and some people (but not us!) are going to make a shed load. Our current board are retiring or perhaps going to work for another mining company who will use technology that was developed by AXM? If that sounds a bit cynical it is because if that ISN't the case, why the hell would anyone want to buy Metaleach at all?
Irish energy-saving lighting specialist Elight has acquired a rival company in the United Kingdom and said the new merged entity will invest €100 million in sustainable projects over the next three years.
The Dublin-based company is also looking to double the number of people it employs to 80 over the next 12 months.
Elight chief executive Ian McKenna said the acquisition would make the group the largest “light as a service” company in Europe.
Elight, whose clients include Ires Reit and Dalata, installs and manages energy-efficient LED lighting solutions for the commercial sector. It provides a “light as a service” model in partnership with the likes of Philips and Actavo that sees it paying upfront costs for installing LED lighting.
Founded by Ian McKenna in 2012, Elight saw sales treble to €4 million last year as profits rose to just under €1 million.
The company said it had acquired London-headquartered Energy Works Limited for an undisclosed sum and was to rebrand it as Elight Works with immediate effect.
The former Energy Works had revenues of £3.5 million (€3.9 million) in 2017 and completed more than 100 projects for commercial clients in the UK and the Gulf States. Energy Works founder Harvey Sinclair is to stay on to run the UK business.
Mr McKenna, a former EY Entrepreneur of the Year finalist, said the acquisition would make the group the largest light as a service company in Europe with more than 600 projects completed and more than €60 million in energy savings generated for existing clients.
The expanded group, which is actively targeting opportunities in new markets, will have a combined turnover of €12 million.
“We are delighted to conclude this merger, which will open up new opportunities for our business to grow exponentially,” said Mr McKenna.
“This merger will increase our ability to access capital, meaning that we can deliver this service for our growing client base,” he added.
Works for me....................................I think we've landed a winner here!
Another one for the filter button.Thronegames, you are a pontificating clown. Look at your post it's all '"I" "I " "I "...... you are so far up your own ass you're in dire danger of disappearing.....no loss for the rest of there!
Sounds promising. £28 billion market to get a share of. Money coming in for sale of Metal leach.....could really take off. Sounds as though northern Ireland energy investment grant msy be pledged,...there is plenty of grant money available for this type of project. Sounds OK to me.
mac...It's still going up - $1840
That's why the big buys continue, as they know they're getting a bargain!
....They also know it is widely tipped by experts in precious metals to reach between $2200-2500 dollars in next couple of years!!!!
nath...'Anything can happen. Whole asset sale. A joint venture with Lesego/partial acquisition. Bank investment for mining. I wreckon JV.'
I don't think Lesego have any actual capital......just a deep mine with 50 million ounzes of Palladium/Platinum....not yet in operation.
I think Norilsk Nickel will buy our asset given the Suchev appointment.