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1.99 x 63 shares sums up where we at.
@ the gold mine. BB discussions and rumours didn't affect the share price one jot. The share price remained stable and only tumbled after the RNS on 5th May, which stated inter alia
...."Local officials remain reticent to discuss applications due to lobbying on social media by a vocal minority protesting against industrial activity. This included at a recent local meeting when allegations were made about the Company's Environmental Impact Assessment despite the fact it was prepared as per the regulations and has been approved by the Ministry of Environment.
Do you know what the allegations were that were made at the local meeting and referred to in the RNS?
Or anyone...?
Bowley from what ive read this morning the working group will report back to govt on Petro China in 30 days
Government meeting on the issue of Petro China today.
At today's government meeting, a working group was established to review the production sharing agreement with PetroChina Daqing Tamsag LLC and resolve the issue of renewing the agreement in accordance with relevant legislation.
Mongolia required to improve investment climate in order to utilize mineral resources
https://montsame.mn/en/read/297137
Goldmine.
Like every one else on here your very welcome to your opinions.
There are many things that could be better or worse.
Bowley: there was some fairly drastic interpretations getting made around the "environment activists" posting on facebook about what is frankly an everyday occurrence - opposition to new oil and gas developments. People were suggesting a potential major setback had occurred, etc etc, which to me was not a reasonable conclusion to arrive at based on the facts as presented.
I'm suspicious of anyone who makes daily postings arriving at extreme conclusions (10 bagger by Christmas ! / Major setback with Permitting! / Everyone else is drilling like crazy ! etc etc) repeating the same points over and over again as the most logical point to conclude is they are trying to influence the share price.
Jimi.
I tapped on the British flag in the top left hand corner and the document reverted to English. Lots of good intel worth reviewing.
I found out today I am off to Mongolia for a visit mid June so I can ask a few questions whilst there.
Bowley maybe of interest if you can translate, gives a list of licenses that have been issued to "other companies"
as well as PMs from 2006 so maybe once this license situation is resolved and made public maybe it'll be included in this. https://www.iltodgeree.mn/
I find all facts and information helpful, especially when it may impact my investment.
Why do some here get seriously bent out of shape when the data is either negative or not positive. I would rather have all the facts for consideration.
Some need to chill out.
master82 and his complices are non valeurs and they don't even realise!
Its made a difference too. Its bought the sp down so you can buy more
Ojay .
I will stay here . If you don't like what I post, ignore and move on.
Don't tell me to move on or sell up.
I will post what I want
Well thx master82 for your bang-up job it has certainly made a huge difference (what a bunch of crap!). Go do that on another board!
"This board is for sharing information and opinions"
Actually since the sustained attempt
at character assassinations, Ive decided Im not sharing anything for discussion that the activist is posting, (despite her posting some fascinating stuff about Petrochina's drilling programme).
Ojay .
I've emailed and I did mention about the Facebook posts. I was the one who gave information to others about this Facebook woman.
I at least got others to email and we got an Rns due to that.
So I think u have made a difference. I did something about it and I did inform investors what was happening and why our management is not getting any luck with the heron field.
I'm only informing people on here so everyone knows what is going on.
If I didn't post about the Facebook issue we would still be in the dark.
At least we now know where PM stands.
Stop telling people to sell up.
Unless you are going to reimburse the losses .
This board is for sharing information and opinions.
I have mine and you have yours.
I've not told you to stop ramping..
Hello Fair Analyst. On 05 May you falsely accused me of the following...
@Curiouser
You stated the 'Removal of the Environmental Impact Assesment' as a FACT!
I am still waiting for you to reference the time and date I allegedly stated this as FACT. Either that or your apology... ATB ;)
Well then master82: Let's assume everything you've been posting is based on "facts". You don't get it do you?
If you are serious about your "facts" then stop shouting around and make a difference by doing something about it!
Why don't you explain to this BB what it is you've undertaken in conjunction with your critisism. Up to now: NOTHING.
Don't go down in history as a big mouth with nothing to say - it's up to you to change that.
Need Fairanalyst back here for some sensible posts rather constantly listen to people moaning, got to rubbish now
He (or she) said he had done with this board (but did indeed post again briefly). You can look back at any of their posts, they are virtually all the same!
Master82 why do you post the same thing every day on how the company and CEO are no good? Either you sell up or if you still waiting for it to come good then you know it's still a good share, anyways why waste your life mate I don't understand, just take a break from ****ging off the company and CEO it will do you good, you should never invest in a company you don't believe in,
Anyways I personally would not even look into a compan let alone post day in and day out if I didn't think it had anything to offer
Ojay.
What I say are facts..prove me otherwise
Nothing good has come out this year .
Planning has been going on since 2019 .
Year is 2022 and nothing good has achieved.
Still waiting for rig contract nevermind a rig.
Other companies are on their second well.
I don't know how you can support the management. They have failed us so far.
Let's see what happens in June..
I wonder where FairAnalyst is? Did he give himself a break here? I always read his comments here with great interest.
Osterliamate.
You make several large assumptions either based upon your own thoughts or perhaps as you are stating so articulately perhaps on behalf of the company.
Either way we are not nimble and certainly not lean. If we were we would be far more active.
Bowley or whom ever you are, do.you realise that Petro China, a Chinese company, is currently shut down for Momgolian ops due to the strict border policy.
You say you deal in facts but in reality you are not talking facts.
We currently can't produce the oil because our partner, the biggest explorer and producer in the country is currently unable to cross the border.
The issues are not in Mongolia they are with our partners and their border.
"The equipment and people are largely already in country" as per recent RNS
We are waiting for capacity to become available in the system to allow us to enter and exploit Heron 1.
If the DQE deal is done, which I speculate will be done this year, we will have access to multiple rigs and work over rigs which will expedite the production.
If it takes 2 weeks or 6 weeks remember we have 100s of millions of pounds worth of oil, up dip of our neighbours and in a proven oil producing basin.
On top of this the velocoraptor structure has multiple millions barrels of oil in the three structures.
If it takes 2 weeks or 2 months it's really irrelevant. We have 10m pounds in the bank and a very lean and nimble CEO and board.
You don't want to be out when the boarders open. It's going to be a transformative year for MATD.