The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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https://www.mongolianminingjournal.com/ hopefully this works?
"Taken from Mongolian mining journal today" ... are you able to provide a link Jimi? Thanks
So much for your realism, this ain't going anywhere until all permits are in place FACT! GLA
Gormenghast grinds on!
Taken from recent RNS = Following the Cabinet resolution in April on expediting a solution to the land access issues for oil exploration and production companies, draft amendments to the Land Law have been prepared by the relevant ministries for presentation to Parliament to resolve the existing conflicts within the legislation. At the same time, Petro Matad is in dialogue with MRPAM to obtain the special purpose land certification for its areas of operation which will secure long-term land access. Until this certification is issued, land use permits are required to be granted by the local authorities and to date, in the province in which Petro Matad's Block XX Exploitation Area is located, they have not done so. Petro Matad is not the only operator impacted in this way.
Taken from Mongolian mining journal today = The revised draft of the Minerals Law, which was discussed in Parliament last fall, has been quiet for some time. It is expected to enter the spring session of the parliament, but it will be postponed until the autumn. In addition to the interest in investing in Mongolia, relatives are wondering when the law will be passed and how the investment climate will be created. If some people want to attract investment, they must first make the draft law public and discuss it at every meeting.
“We are working closely on the draft law. We are conducting a baseline study to improve relations with strategically important deposits, AMNAT, and local communities. ” In particular, on the issue of “strategic deposits” and “strategic minerals”, the draft law will be able to be submitted for public discussion if the drafters reach an agreement.
Notice postponed until the autumn.
I'm still waiting for Hamm explain the ramifications of PM spending there money on buying a drilling company. How much would that cost? Where would they get the workforce? Would that force another fundraise, which he had been nagging, cause I doubt $8 million would be any where enough.
Stupidity from a dumbarse.
Dozy - the fact is that us derampers (I prefer realists) factored in some of those known/unknown unknowns whereas FA never did.
.
Bad Prophet hang head in shame - you need to look in the mirror and read back your continuous negative BS. You Hamm Manro and Aspers have been shameful in your bullying and constant badgering of someone posting facts from RNS's and Interviews. Posts which potentially could help new.investors looking for factual information, this is the shame on you that he has decided to not post anymore and that's a fact. All you lot post is non stop negative BS. Ask yourself why you are invested in a company. The only thing that I can think of that you lot have a problem with is that your underwater with PM you can't sell out, your cash is tied up so you have to blame someone and post your anger against people on here and MB. Some seem to forget since PM found oil MB has had to deal with so much stuff whether, new exploitation laws, Covid, Mongolian bureaucracy, local issues, China border closures, environmentalists, changes to PSC's etc YES all since PM found oil l, but then again I suppose you lot would of done better - buy a rig - pay top dollar for drilling etc etc - great business acumen !!!
Hamm has stated 2-1p. Wait it a bit and you will see it, don't worry.
Not sure why they would hang their heada in shame?? FA posted facts and figures, he stated that when 'x' happens, the share price will be 'z', which has yet to be unproven. All the facts of the company are still there, all thats changed is the timeline. For me personally im a long term holder, so not really concerened if they produce oil this year or next, but i am 100% confident they will, and i will be there to reap the rewards.
Guys
When the time comes I will be glad to repost your BS which will begin with "B/P's acolytes"......the time will come.
FA's acolytes - Ojay, Ostraliamate, Dozzawba, etc. should be hanging their heads in shame for believing & reposting his BS Surprised they have the cheek to keep posting here - at least FA forked off!
He might come back with different name!
All he said was risk v rewards!
Guys,
I state many times here that it was paid troll but all of wishful thinking idiots didn't want to believe.
A useful trend? (Not sure the link will post).
https://financialpost.com/commodities/energy/oil-gas/petrochina-may-sell-canadian-oilsands-assets-stem-losses-sources?utm_source=Sailthru&utm_medium=email&utm_campaign=FP%20Energy%20Newsletter%202022-06-29&utm_term=FP_Energy
South China Morning Post
China's easing of zero-Covid restraints set to release stocks into bull-market territory for first time in three years
So all FAs posts have been deleted? No evidence remains - the perfect crime!
Finally, I would again like to thank our loyal shareholders for their support during 2021 and into this year. I look forward to updating you in the coming months with our progress." Could be a very quiet few months until next update as the last update didn't appear to be very forthcoming with any set timeline, all depends how long it takes for land issues to be passed through parliament as we all know nothing is rushed in Mongolia and for the Chinese borders to open. All we can do is sit back, relax and chill, off for a cuppa tea. GLA
They won't fundraise until at least Heron 1,2 or/and 3 are on tap. A farm-in is also a reason they won't need to in the immediate future.
My opinion is the market doesn't see there been any production this year? Otherwise the price would probably be higher. Should we get the RNS we are all hoping for then we should see a steady rise. Wouldn't surprise me though to see MB kill any good news with a fund raise. Hope I am wrong though!
The SP seems to be holding well. Considering we were hoping this news realise was going to take us to 8p+ I was expecting more of a drop when the good news didnt come. Hopfully a sign of the potential of the company.
Any guesses on when we might get our next news release hopfully with better news??
Hamm, how do you know MB and others haven't been out to see the locals? I reckon he's probably been out there many times.
And as for buying a drilling company with the money they have, shows you've got no f#@###ing idea, and are full of it.
And where is the 'free fall' in the share price you talking about?
Being patient you could have bought at 2p or less!
But thanks for the update! And enjoy the fall!
Lovely day guys,