RE: Nothing Fundamental Change & Special Certification Should be Sign Soon6 Jun 2023 04:57
Successful investor say use LOGIC and not EMOTION to be successful in market. If nothing change then stick to investment.
Let us look at Developments
- Heron development & revenue (waiting on Special Certification but have been given Project of National Importance status).
- 2 Billion proven & in place Tosun Uul
- Block V (Exploratory but Basin with Proven petroleum system)
- DQE JV to fast track development (terms agree & final signing /RNS to confirm)
- Renewables (HUGE potential with China, Saudi Arabia, EU already show interest to invest / import energy)
- New Blocks (some bigger then Quatar with potential compare to Saudi Arabia).
- Petro Matad / Mongol Govt Partnership (IOM meeting with direct attending by MRPAM / MMHI / Petro Matad / Mongol Ambassador) - to be confirm by RNS
Strategy to finance massive company growth through production revenue / offtake & strategic partnerships already negotiated. Also talks on Govt level re: Renewable sector growth / investment / export.
People say about land access but this is ONLY reason anyone can BUY at this price. Anyone who do deep research / intel AND also know why previous delay will have TOTAL confidence in process now happening & expect Special Certification I next few week.
For me MAIN thing which guarantee investment base price & development is Heron asset we ALREADY have. Velocirapror can be "Company & Country making" but have always been extra because Heron give me security for multiple SP.
Anyone who think Special Certifucation is not coming for Heron have no understanding of Mongol Economy & international trade.
BB experts give price estimate but already have 28p Progressive target WITHOUT Velocirapror. This at $70 oil price & all estimate say will be much higher.
Some people say "company sponsor so not worth anything". Figures must still be base on logic foundation & cannot be made up from air. Trust professional report more then BB posters ;)
Many same BB poster are one collect same share they try to get more simple one to sell.
Look at price you understand why ;)