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can nobody find out where MB is and ask him to give us shareholders an update, he's one nasty Bas--d
The pathetic BODRs/MB are still mute.
Damn the lot.
Yep, its a fact, shares go up and they go down !!
I looked at HL account and MATD losses are now a small deposit for a house, I’m up on SQZ, HE1, CHAR, and a few others, but MATD is by far the worst, if money runs out MATD will raise and the share will be below 1p, surely in the mean time you would have thought MATD would have started a new drilling program until they got the permit to extract oil?, my average is about 5.5 ish anywhere near 4p I’ll be gone in a heartbeat, the situation here is absolutely ridiculous the CEO clearly did not do his homework and has led the investors down a slippery path
The Chinese people are rebelling and rioting against yet more ridiculous lockdowns.
It's not being shown in the mainstream media but it is happening.
Hopefully things will change soon.
China Covid lockdowns another concern, but then again nothing will happen here for years anyway, and certainly not now it’s winter and China is in lockdown, what a mess if MB needs to come to market for more money it’s goi g to be brutal for all holders here
Because Ost says so!
Something must be fishy to tell the truth.
Beacuase you don't sue a country, you work with them to a achieve a mutually beneficial partnership. Protected by law.
Well if that’s the case why isn’t MB taking legal action, or is he happy to just collect his huge salary for the next few years of nothing happening
That is the point! How come 5 guys can stop LP granting!
There must some sort of unwillingness in MG!
MATD should speak up and not hiding.
Lambo are you serious? There is 5 people who don't want to extract the oil and thays hardly "huge"
Like any growing economy you are always going to have a vocal minority who try to drum up opposition to any form of development, normally funded by large not for profits with ulterior motives.
It's a sad fact of doing business in this "woke" world we live in.
The government wouldn't be spending 1 billion ++ to build a refinery for yak poo so, the reality is the country need MATD to be successful and producing oil asap to provide revenue, jobs, assist the local people and be a good corporate partner. It's quite clearly articulated in the Government's plan for the country and backed up by the money they are borrowing, to build an OIL REFINERY!
Keep trying though, it's entertaining whilst we wait for the license to be issued. Which will happen real soon and you and the lol brigade can crawl off to another board.
Best
Ost
Thanks for reminding about the filter Hamm. I have just filtered this primitive troll.
You must be out of your mind to think that MATD should move out of Mongolia after spending years and millions of money.
MATD needs push the government more and speak. The last attempt of MATD should be taking legal action against Mongolian government asking for full refund for failing to secure LP. MG can't just charging the oil/mining companies knowing that the local permit cannot be granted.
Just like local people in the UK don’t want fracking companies to drill for oil, the Mongolian people don’t want oil companies such as matd drilling for oil on their land! The opposition is huge I very much doubt the government will go against the will of the people and the people say get out of our country your not pumping oil on our land!! As Iv said the best bet now is for matd to cut their losses and leave Mongolian imo and start again in a different country who actually allow oil production
I am like a bad penny keep turning up!
But you should have known by now that there is an option called filter.
If you really believed in MATD, you would be quiet and keep buying while the share price is down!
Isn't it that you believe we can bring the share price down? And we have been doing that. Why don't keep buying?
At the end of the day we are helping you guys.
Still damn silence from MATD/MB is only a very BAD NEWS.
Damn the lot.
Manro amd Hamm, you guys love a good pretend chat. Why don't you start your own thread called baseless speculation . It would be riveting reading ??
This happens for the simple reason - the vast majority of investors do not understand at all that they have some rights, not to mention that they are co-owners of the company. And if so, then who will reckon with the opinion of those who are not only unable to defend their rights, but even do not realize that have them.
As long as I understand the board hasn't been honest yet and will not be in the future. They treat shareholders as outsiders and never been level with us. Fact.
@Jimithebrush.... thanks, interesting article ... I do agree with your assessment of it. Good luck!
Interesting article. Mongolia have recently opened their new airport in UB, with the aim of becoming an international hub. The loan on this needs repaying and this can only be achieved if Mongolia can become energy independent and thus a cheap refuelling stop. Along with the refinery, Mongolia has bet heavily on becoming an oil producer. It won't be long before this political pressure resolves the land access issue.
Email, I think this may help answer your question, my take is this law you refer to is for the supply of petroleum products from other entities but I think once these governmental issues regarding land access are sorted then if and when PM start producing then it could have an effect on them. Will need Google translate to read the article. GLA
https://www.mongolianminingjournal.com/a/72326
unfortunately with Russia desperate for customers and selling off a highly discounted prices it 's likely the anti-oil drilling protesters might well have the upper hand... It looks like Matd's destiny is tied up with Putin's war
""Draft Law on Amendments to the Law on Petroleum Products /Submitted by the Government on November 29, 2021, first discussion/..."""
Would you say this is the draft law amendments which concern us directly?
What I don't understand is why there's no news about the equipment.
He said few weeks in his last interview. That was months ago.
Sorry it was at the border.
Can he organise anything right.
Where the hell has he blown this 10million
lambo - we have heard your view on the future share price a few times now, no need to repeat, it's boring!