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Thank you, WOS. Always the same repetitive, unnecessarily long nonsense!
FACTS are, no rights to extract oil and a declining SP.
Thank you mr Doc always 'Cut, Paste & Gossip' lol
Aeschylus: "The locals seem upset enough already".
Exactly, so what does it matter if they get p155ed off some more!
And that cracker from WOS: "Be happy & professional "
From the boy who goes over to other boards ramping MATD. Or that goes to another board that someone he doesn't like is on, to stalk them... LOL!
Maybe fill your pant with header RNS thru 😂😂
Hamm - I WILL have plenty of shares when the SP gets down to 2.5 - 2.9. I'll fill my boots!
Go away doughboy - you're making a fool of yourself.
Hi BP
Is the oil refinery in the Gobi Desert
BUT BUT BUT, BP it doesn't consern you, doesn't?
You don't own any shares, do you?
BP lost the lot and any good news upset him as it should be!
3 billions boo sitting and it needs just a 2 week workover.
That could be any time.
RNS Monday? Maybe or maybe not BUT this try to show how can expect ANY day now really.
Upside ROI also show what start of rise can be expected. Understand if you think only X10 or x40 or other multiple for timeframe fine BUT think most agree will be MULTIPLE of MULTIPLE whatever figure.
Why ANY DAY NOW. For reason did give before. MAIN MAIN thing was Cabinet Approval. Now "formalities" directly ordered by Cabinet. Not my words check RNS on formalities only left & Cabinet order.
Now back to header because VERY good reasons to expect RNS ANY DAY NOW.
You don't think so then do not hold. No reason to get angry & insult unless have selfish reason really to do this.
RNS Monday? Do not have crystal ball & do not say this but say can be ANY DAY NOW.
I have my full complete holding so very happy & comfortable for NEWS & MASSIVE RISE from RNS. This is why I have good weekends 😊🚀💰🌞
Be Happy & Wise 🦉
Oil refinery is not needed for revenue from production BUT have advantage in longer term operation for Petro Matad. Also for Mongol Govt energy dependency strategy which Petro Matad part of.
Not difficult to understand unless person does not want to understand Lol
Mr Richard Bowley did strike AGAIN with FAKE insider info 😂😂😂
BUT BUT BUT - the refinery doesn't matter for PM does it? In fact it may be a BAD thing if the MG want PM oil cheaper than the pricePM could get from China!
Oil refinery 1st stage 92.4% complete and here i was thinking all the money for the refinery had been siphoned off, pilfered, stolen and that nothing had been done. Silly me.
"We Will Su0port the Construction of Oil Refineries"
news.mn/r/2672022/
The local assignment of Mongolian Prime Minister L. Oyun-Erden continues in Dornogovi province.

The Prime Minister reviewed the construction of the Oil Refinery and the "Golden Table" industrial technology park.
The Government of Mongolia started implementing the oil refinery construction project in 2017 with the financing of the Export-Import Bank of BNR.
The Oil Refinery project being built in Altanshiree sum of Dornogovi province has four stages. Its "EPC-1" or infrastructure preparatory package will begin in January 2021, and within this framework, construction works such as nine civil buildings, raw water storage tanks, water pipelines, and industrial road canalization are underway. Work completion is 92.4 percent.

Also, work on non-technological facilities such as offices, laboratories, and fire stations continues. As part of the infrastructure work outside the factory, the construction of 27 km of railway, 17.5 km of heavy-duty road, and 110 kV overhead power line was completed and handed over in 2019. Works on the 1st, 2nd and 3rd batches of the oil refinery are in progress and the work on the 4th batch is ready to start. The Ministry of Finance of Mongolia renewed the loan agreement with the Exim Bank of the Republic of India, which made it possible for the construction of the factory to proceed smoothly. Loan repayment has been extended until 2030. While working at the factory, the Prime Minister expressed that the government will support the development in all aspects and said that the government will decide to start the work on the 4th batch of the factory.
With the commissioning of the oil refinery, our country will be able to produce 1.3 million tons of products from 1.5 million tons of crude oil per year, providing about 55 percent of domestic oil consumption.
[English below]
Ерөнхий сайд Л.Оюун-Эрдэнэ: Газрын тос боловсруулах үйлдвэрийн бүтээн байгуулалтыг Засгийн газар бүхий л талаар дэмжиж ажиллана
***
Prime Minister L. Oyun-Erdene expresses the government's full commitment to support the oil refinery project in every possible manner.
Bayanbogd khairkhan of Ulaanbadrah district of Dornogovi province will be taken for special needs of the state
I ignore all talk of blame this blane that. Just keep my FOCUS ON INVESTMENT.
- HERON with production schedule this year (do not believe then do not hold if you like)
- TOSON UUL extension 3 BILLION est.
- MULTIPLE RENEWABLE contracts
- NEW BLOCK
- DQE Partnership
- CASH until (at least) July 2024
- FULL SUPPORT Central Govt, MMHI, MPRAM & Land Agency
Some people say why you post same info again. Because this info is MOST IMPORTANT focus for serious investor and not what mr Mike Buck do in spare time, blaming him for action 4 year back or other useless focus.
We look at investment case NOW and potential upside ROI.
Investment case look EXCELLENT imo on points listed & potential ROI is multiple of multiple.
If you want to cry sell. If you want to wait / increase holding for FORMALITIES to be complete then do this.
Be happy & professional (not cry baby) 🦉💰💰💰
I'm very loathe to blame MB - it must be difficult managing a Mongolian Operation from Singapore!
Mr Landicaamans if someone grab your private part even if it is only 1cm it can be unlawful. I only use example to make this very simple fir yiu to understand.
If you say pad is only 150m so what. Still need paperwork and like RNS / interview say will be "watertight". Also like they say "formalities" so will look at this and not anonymous poster who just say it is only his big let us jump on it because of size.
Be happy & sensible 🦉😊
You cannot blame the locals at all. MB has got us in to this mess from day 1 and has been stubborn by not negotiating with locals and apologising for Drilling illegally.
No one else is to blame but MB
No. We have a useless CEO who has got us in to a very messy situation.
THE ONLY MAN RESPONSIBLE FOR THIS IS Mike Buck.
Are drilling results late? Have been keeping an eye on this; only a small share holder these days (bottom draw)
Think historically neg news comes PM RNS with Mike. Fingers crossed, on good news that is.
I believe he's into hiking - big walker, or summat.
No. I haven't to be fair. However don't you think that anything (and I mean anything at all) that is done prior to consultation, agreement and movement/resettlement, will be pounced on and reported as 'unlawful activity' by the trouble makers? Why take the risk now!