Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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No one is ever rewarded for patience but for bravery and heroism. Therefore, while the company has such a spineless founder as Petrovis and CEO whose brain from the first day has been spinning s maniacal thought of enormous support for the company by MG they will get nothing more than contempt.
And Wos i will call FTI tomorrow sharing your latest.
You now say it is under confidentiality clause, ie FTI has lied to me when they said UK Ambassador has no idea if or when issues will be solved.
Lets see what they say. Cheers mate
Wos: Other comment which cannot mention again because under confidentiality clause (many will understand)
Wos thinks the UK Ambassador has given him market sensitive information. She has told him soon really means soon ;)
I checked with FTI and they told me this is BS. Ambassador is in mongolia yes. Supporting business and matad yes. But they have no idea if or when this all be settled.
Now up to everybody to decide if you want to believe Wos or UK Ambassador/FTI. I know what I will do...
And if you think i make it up: check with FTI and i am sure you get same response.
Mr Cybertron
My understanding is no issue with Ministry of Finance because cash payment is thru official govt body MRPAM and not individual. I think cash transfer have already happen. This is why they knew it would go thru "soon" and this was case I believe.
We just wait for official signings of Land Contract between company & Matad Sum which is any day now - then will be RNS after RNS of Operational progress🦉
Researchandhold said //BP is like a stain on humanity//
I am sending MB a fresh supply of brown envelopes. Hope he has summat to put in them!
Ladies please behave yourselves, saying things like we have to wait for new laws to be passed before we get LP is the daftest thing I heard, when it's all been registered and passed and only requires the local guvnor to sign it, the only concern here is that the finance ministry may have said no to matd paying this and need to have government pay for it to stop any corruption or back handers getting through
This could be the delay, or it's all done and needs matad district now to read through all documents and award it
Does that mean we have to wait for another 'LAW' to be approved?
How come there was no such permits needed for petrochina! But there are unlimited laws to go through for MATD?
When it comes to explorations there is No laws/permit required. MATD has spent more than $100m waiting 5 years and still waiting. Perhaps MB should announce (all activities if there is any) stop till we get LP sorted. What is the point winning all sorts of explorations license? Or renewable! I guess lots of us are very disappointed. It is a shame that MG are making every step painful for MATD/ UK investors. Hope we get an RNS confirming LP soon. We all deserve to be rewarded handsomely after years of being patient.
Wos the photos were from meeting on 31/01/24 I have translated words from the meeting so we can all see things are moving ahead this now has to go through state Parliament hope for all our sakes this gets sorted soon
The Ambassador of the United Kingdom of Great Britain and Northern Ireland to Mongolia, Fiona Blythe, and Mike Buck, CEO of Petromat LLC, met with the representatives and exchanged opinions about the complaints and problems of British investors.
Petro Matad LLC operates in the field of oil exploration and production, and has invested more than 100 million US dollars in the oil sector of Mongolia. This investment, which could play an important role in supplying crude oil to an oil refinery under construction in Mongolia, remains stalled. He also complained that the case of "Government Chandman Mines" company, which embezzled 19 million dollars from the British investor Max Johnson, was withdrawn from the court and stalled. Due to the lack of a normal legal environment for investment, large investment projects continue to be stopped, defrauded, and unable to operate.
The government has prepared a draft of the "Revision of the Investment Law" and submitted it to the State Parliament. Once the law is approved, these difficulties faced by investors will be eliminated or reduced.
Checked link it just has a group photo of delegates?
BOOOOOOM!
My pleasure sir 🦉
Twitte.com/UKinMongolia/status/17558557496513778
twitter.com/KhurelbaatarCh/status/1752495012141560185
twitter.com/BattsetsegBatm2/status/1757759000211558547
Where's the link to the picture then?
WOS - are you putting 2 + 2 together again and getting 47,483?
BOOOOOOOM! 🚀
British Ambassador have meeting Feb 9th with Foreign Minister and with Mr Mike Buck last week.
Now Local Governor post picture of them.
He hardly ever put up post and all getting ready for RNS!
Buy or not - RNS coming! 🦉
Researchandhold said //BP is like a stain on humanity//
//Wos where is MB//
My deep reseach sez he's fooked off back to his pad in Singapore!
Wos where is MB
Oh Hamm, you are funny! I can see you completely imploding if this falls into the 2.x's
Hamm - I thought you did a post a couple of weeks ago saying ' buy whilst you can guys - there's no risk ' ?
This feel like a autograph collecting excercise, let's gets as many signatures ASAP maybe with will be worth alot one day!?
Very good post, well let's hope everyone does what you want so you can trade this or otherwise can't see why this post was made lol
Maybe it's at platform 9 3/4
I’m back watching this share as it’s done it spike cycle again awaiting news. I’ve always bought and sold this in the sub 3p range and sold at 3.2-3.3p.
Unless news arrives in the next 4 weeks natural attrition will bring this back into the box.
Researchandhold said //BP is like a stain on humanity//
OOPS! - looks like Hamm is on the point of flipping back to the dark side. LOL