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Anyway whether he said it or not, no one person can guarantee that such a project will be delivered on time - invariably there are overruns. And it doesn't really matter WRT MATD. Either they get Heron producing with oil to sell abroad or they wait for the refinery to come on stream. My guess would be the latter - but it's just a guess.
May need Google translate https://www.mongolianminingjournal.com/a/72120 make your own mind up. GLA
//He expressed that he WILL complete the oil refinery on time//
Not according to the text you cut & pasted - YOU made up the heading.
BP, if you are referring to the post that started this thread then how do I put my spin on something that has been translated and copied straight from the Mongolian Mining Journal one of my main source's of information, more reliable than some faceless avatar, anyway what the f__k do you care your not even invested, GLA
Jimi - have you thought of quoting things correctly without putting your own spin on it?
Great episode and just shows how remote the country is.
For those of you sick of reading Mr OWLS post all the time..There is a bit of light entertainment on Prime "The Grand Tour " Session 3 Episode 13 and how should that interest MATD share holds you may say ...Well its a special filmed in "MONGOLIA "
BP, ever thought of changing your name to ODDBALL, "always with the negative vibes man" :+)) GLA
& "without wasting time"
//He expressed that he will complete the oil refinery on time//
Not if you read the text - he said "it is important" to do so.
The Deputy Prime Minister of Mongolia S. Amarsaikhan met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Mongolia to Mongolia M. P. Singh and representatives of the general contractor of the Oil Refinery project "JMC Projects India" to discuss some issues that are faced during the implementation of the project.
Due to the current situation, JMC Projects India thanked the company for promptly solving the problem of essential goods being stuck at the border of China during the implementation of the project. conveyed the need. He also expressed that he will execute and complete the project without wasting time, even though factors beyond his control, such as transportation logistics and price increases, are causing difficulties.
Deputy Prime Minister S. Amarsaikhan said, "You all know that international transportation is slow due to the global situation. The government is paying attention to the issue of cargo transportation in all possible ways. "Currently, we have started transporting cargo through Gashuunsuhait port, not only Zamyn-Uud port."
Regarding the issue of the next stage of the project, he expressed his agreement and emphasized that it is important to resolve the issue in the best possible way, to start the work quickly, and to finish it within the planned time.
May my guess...buck will want this spudding ASAP
Mr Jimmibrush thank you for information sir & is good to share this on BB so can understand this better.
I check all information as well and see have see that there is 5 block in this phase sir.
Nomgon IX, Tukhum Xnorth, Tsagaan Els XIII, Zunbayan XIV & Dariganga XXIV and application open November 30 2022
First bid is for Nomgon IX and this close February 20 2023 this Monday
Do not know which one MATD bid for in this round but seem to say expect news on this around now si maybe it is Nomgon IX
Exciting to see sir :)
Velocirapror spud in Q2 so could be April, May or June but will have RNS BEFORE this with company now understand how important is news. They can it just give few week notice for spud because company must prepare land & other things like mr Mike Buck say
This is why will expect RNS anyday which confirm spud date by Canadian company & then updates on preparation for this
Lots of things happening here & LP "very confident will be issued soon"
Have good day off work sir :)
Same one mr Doc and has given reason why more fund need with full explaining in presentation & interview. If you do not think reason good then sell but everyone see you BUY even more lol
When he say VERY SOON NOW you believe it don't up to you but if you do not please sell share & not buy more ;)
Me thinks V1 spud will be sometime in June.
According to the order No. A/27 dated February 17, 2023 of the Director of Minerals and Petroleum, the deadline for receiving orders for oil exploration and exploitation activities in the Darganga XXIV exploration field is March 13, 2023 at 5:30 p.m. GLA
badprophet also speak with fork tongue - he heap big deramper and like him name! Lol
Wise Owl speak with forked tongue - heap big ramper!
Wise owl speak good speak.
Wise owl not type of owl who buy funeral company shares and people stop dying immediately after he do this.
“Mike Buck very confident LP soon…”
Is this the same MB who said no cash raise would be needed soon?
Lol, yeah shouldn't have sold those shares
Could be like this sir and make sense. Or could be DQE know LP coming anyway so will make sure sign deal to guarantee agreement.
Think you have good point mr c001959 and think you are right but other option also.
Think whatever happen for mr Mike Buck to say he is "VERY CONFIDENT FOR LP VERY SOON" we will all be very happy very soon anyway. Could even be Monday morning RNS who know?
Very happy to hold & not take chance with such good investment to fly from my hand :)
can't imagine an rns agreeing a dqe deal landing before the LP is granted, a drilling agreement on land we don't have access to wouldn't make sense, so i'm thinking/hoping that the dqe deal is already signed and just needs dating. then when the LP lands we will get one rns for both the LP and the multi year multi well deal with dqe and what a transformational rns that would be, it would be lift off for our company, the sp would rise to x? you fill in the blank lol, all just my opinion of course, got to go and have a lie-down now getting far to excited lol
GLA
Research and if you believe then invest, nothing goes in a straight line, if it was done as said then none of us here would ever work and we would all be millionaires lol
Thanks for the replies guys… I have an idea of what’s going on thanks. It would be so nice if everything was that straight forward, investing would be so easy and profitable. Let’s hope that what will be said will be done and within the estimated timeframe