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That post was translated from the protesters at the mining office.
So I'm very confident PM will get the license.
UNION OF CHOIBALSAN PEOPLE TO SAVE THEIR LAND
syn zastven LAND PLANNING DEPARTMENT OF GEODESY AND PHOTOGRAPHY
2012 10.04 1/1119
,
About delivery
Your office numbered 50,51:52 on August 1, 2022
get acquainted with the writings
Procedures for acquisition, release, demarcation and use of land approved by Government Resolution No. 287 of 2017 for the oil product sharing area of ??"Petrochaina Dachin Tamsag" LLC "Tumen Oil" LLC operating in the territory of Dorno Province Actions in accordance with clause 3 13 2 of "
However, the Ministry of Mining and Heavy Industry operates in the territory of Matad Sum, Dornod Province. "Petromatad" LLC submitted a request to the Minister of Construction and Urban Development to take over the area under the oil production sharing contract for special state use, and was approved by Government Regulation No. 287 of 2017 "Determining the extent and use of land for special state use" relevant measures are being implemented as indicated.
CHIEF MONEY
ENHMANLAY
39
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Good post D1nger..
Here’s hoping for an RNS Monday, to get things moving.
LP imminent
GL all
A bit bored of the waiting. The company was told in October the decision on the licence was due between 1 to 3 months. Why does the Mongolian government every time have to extend every decision to the nth degree? Does 1-3 monyhs have to mean on the 90th day? A bit of the "B of the bang" wouldn't go amiss!
Wow how much alchol was consumed on here last night ? :-)
Thankyou Doc, point taken :)
I only commented because I didn't want any New investors to misunderstand you my friend.
D1's post says it all. Matd is Genuinely one of the Best opportunities to make a tidy sum in our current economic climate. Anyone who has just boarded, welcome and good luck! More of the Welcome though as theres not much luck really required, we have the required fuel(Oil - Heron1,2,3) for take off. Literally just waiting for take off clearance!
Just please be ready to parachute off at your chosen height 10p+ is highly recommended as a safe height but the views are much better at 25p+ but that may take a bit longer :)
D1, as always great post. Highly appreciated.
Current oil price circa $75-$80 . Matd’s NPV10 on Heron alone at current oil prices is $450million.
Local access permit gives Matd the key to access to that MPV10.
Not only that it means that Matd can finalise their current negotiation with DQE which indicates that DQE are willing to fund a multiple drill exploitation with an agreement to take payment from production revenue rather than upfront costs.
Heron has 60million barrels recoverable.
Velociraptor has an estimated 200million barrels recoverable(estimated). Fox and Phoenix have a further 600 million barrels recoverable (estimated).
4 or 5 pence per share is nothing.
The key is the local access to Heron. It’s the game changer. When that lands, the minimum price here should be at least 15p per share, just for the promise of initial production output.
Then there is diversification in to renewable energy, possible new blocks for exploration, further targets to exploit.
This is just the beginning.
When we get that local access which gives us the opportunity to monetise our assets then watch Matd fly.
2023 is the game changing year for us, in my opinion.
Happy new year everyone, let’s hope it’s the most prosperous of our lives so far.
Doc83 please forgive me for being so blatant but you come across as a person who hasn't got a clue about how BIG Business is operated.
And I've found from experience that most Aim investors ain't got a clue on how Real World Deals are done, and about how to engage with people that you want something from! Fyi the local people on side are extremely important and as a consequence need to be shown some love!
And that's NOT considered charity but a Double Coincidence of Want! Ring any bells :)
That my Uni - Business Education many Moons ago!
But that only takes you so far, the rest is Real world experience lol
Jimithebrush - it’s a pity the 25+ years of working in Mongolia hasn’t afforded us our LP yet.
Husky - “goodwill”. Another alternative description.
Just to clarify, again, I don’t care about these charitable donations, gifts, goodwill, friends for 25 years, gestures… if we get the LP. And I don’t blame MATD for doing what is apparently necessary.
I will share some really important information for investors in due course which I hope may help people in other investments as well and not just Matd.
This info is almost over looked everytime or not taken seriously enough and can help in exit or entry into any share. I don't consider myself a Ramper or the Reciprocal but a Realistic and like to see people benefit and Not just myself, especially with upcoming economic challenges that lay ahead! Little tied up at the moment, TBC.
"If MATD are so generous (with shareholders money, no less!) then why not be more charitable elsewhere? Why the place where they just happen to need a permit?!" Maybe has something to do with PM have an exploitation license for 25+ years, makes sense really. If no laws have been broken, I think we would've known by now it they had? GLA
Please excuse me for commenting on such a waste of time conversation but it has to be said that Hamm is completely right in stating that it's a excellent gesture of Goodwill on the part of Matd.
Know that the practise of Goodwill is a very noble trait and NEVER a waste of money if exercised correctly. And this occurs in EVERY country in the world where some sort of Permissions are sought including the UK!
So please folks , other than a bit of banter for sake of New investors we should keep conversation Real and Never knowingly mislead as what goes around comes around!
JODO - you’re not going to convince me otherwise!
If MATD are so generous (with shareholders money, no less!) then why not be more charitable elsewhere? Why the place where they just happen to need a permit?!
If people find the word bribery offensive, then choose another. But I think most sensible people get the gist.
Doc re bribery
Your definition of bribery (in quotes from somewhere) is so incomplete as to be nonsense.
Bribery is a criminal offence in most jurisdictions and is defined in law.
Agreeing with a legitimate authority to carry out certain works in a locality - even if it is motivated by a desire to speed up an administrative process - is not a crime in any jurisdictions that I’m aware of and therefore can’t be bribery.
To suggest it is is either farting about or malevolent!
It's now been 6 years to the day I purchased my first batch of shares and have accumulated along the way, now if everything goes to plan Velociraptor was my sole reason for buying, that and hundreds of millions of barrels of untapped oil, daft as it might seem but I only purchased because of its name, now only a few short months to find out whether it has been worth it. I hope 20% cos is PM being conservative. Long time to wait around to be told it's a dry hole but you pays ya money. GLA
LP , Special purpose approval should be some time next week. SP = 8-9p
Then Heron 1 work over / frack and pumping equipment installed by end March /April = SP 12-14p
Raptor spud say April/May = SP 18-20p
H2 by June/ July = SP 24-26p
Lateral drilling H2,H3 etc = 28-30p
Year end drilling season finish Oct 2023
32-36p without Raptor success
With Raptor success 50p +
All conjecture of course but fun to think of
Guys could it be a gift lol
So if I decide to blackmail or bribe someone for years, it’s ok and means it’s not blackmail or bribery?!
To be honest, I thought I’d invested in an oil explorer/producer, not a charity. But hey ho!
Anyway, as said below, I’m not bothered and all that matters is the LP and hopefully 30p.
PM has been contributing for years so it's no bribery. Just check the record.
No oil was found and they still contributed.
My target would be 8p for short term and once the well is online maybe 15p is possible.
Ibiza - come down off that high horse. Firstly, I couldn’t give a damn if they are paying off (investing in!) the locals to get them on board. As long as the LP is granted, great.
But to say it’s nothing like bribery is patently not correct. Definition of bribery:
“Bribery refers to the offering, giving, soliciting, or receiving of any item of value as a means of influencing the actions of an individual holding a public or legal duty.”
I think it’s fair to say that MATD investing in the locals is them trying to “influence” things.
What is your share price target?
What would be a real value of the company when we get LP granted?
Just changing the subject please.
A) Just because everyone else is at it does not make it legal
B) It is a whole lot easier getting caught if we have people like you telling the world we are doing it.
Nobody talks about bribery. It is all about good will if you like.
Some may call it anything they like, but nothing to do with us.
We are innocent. We just want to be good boys and get LP!
Now let's talk about wdding lighting.
Let us stop this chat immediately about bribery is a very serious offence for a British company to be involved in look at i think it was Rolls Royce or British Aircraft in Saudi some years ago. We get fined like that we would be out of business in seconds and MG would ditch us quicker say brown paper bags.
The conversation with MB and local governor probably went along the lines.
Govenor " I am a man of the people and the people here really do not trust oil companies. You only have to look at the mess PC have left behind here. If you have any ideas as to how to get rid of it and get it cleared up, it really would be much appreciated. "
MB goes away and talks to DQE along the lines of "Oil companies around here are not popular because they desecrate the land. Now we are not going to allow that to happen to our project but would be nice if we could demonstrate how we expect to leave the land once we have finished. "
They agree and MB brings on board special company for that purpose but goes back to governor and says i appreciate the difficult position this mess that was left by PC puts you in. We would like very much to demonstrate our credentials regarding our commitment to the environment and sort this mess out. Would that be acceptable to you"
Obviously the whole lot has a lot of Nudge, nudge, wink wink in it on both sides.
This is not bribery in any way shape or form this is exactly the same you going to the boss and saying you know those extra hours you need doing tonight i can do them. And oh by the way I would like nextTuesday afternoon off if at all possible. Nudge nudge wink wink. If that is bribery then most British businesses would cease to exist.