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Seems every other month they move the goal post for the commissioning of the damn refinery not that it's of any importance to PMs operations. GLA
// to intensify the work to put the plant into operation in 2027.//
Some on here were originally (I think) saying 2024. 2030 more likely IMV!
Following on, this shows were the loan money
is going https://www.mongolianminingjournal.com/a/73085
The conditions for the start of the construction of the deep processing technological facilities of the plant have been created
"Mongolian Oil Refinery" signed an agreement with the following companies selected as license holders of deep processing Patented technology facilities related to the EPC 04 package works of the Oil Refinery in January-April 2022.
Hydrogen plant (HGU) - Kinetics Technology 🇮🇹 Italy
Sulfur separation unit (SRU) - Axens 🇫🇷France
Gasoline Processing Facility (MS Block) - UOP Honeywell🇺🇸USA
Hydrocracking (HCU) - UOP Honeywell🇺🇸USA
Diesel Hydrotreating (DHDT)- UOP Honeywell🇺🇸USA
Liquefied Petroleum Gas Separation Units (LPGU) - UOP Honeywell🇺🇸USA
Wiesbreaking (VBU) - Shell🇳🇱Netherlands
The above companies completed the design of their respective patented technology facilities in December 2022.
The selection of the company to perform the last package of the factory construction, "Engineering, procurement and construction of the licensed technology facility" (EPC 04 package) has been completed and the conditions have been created to start the work.
At today's meeting of the government, it was decided to start construction of the 3 facilities (Hydrocracking, Hydrogen Plant, Sulfur Separation) that need to be built first, within the loan proceeds.
#land processing plant
#mongolrefinery🇲🇳🇲🇳🇲🇳 🤝 🇮🇳🇮🇳🇮🇳
Energy freedom in the country!
Enjoy holiday Mr WOS!!
Extra large suitcase required for Mrs WOS many new shoe(s) .....and Mr WOS many new trouser(s)?
As no 'without feather, Sir' allowed in Malaysia, fewer trouser(s) required for Mr WOS ?... So maybe large and not extra large suitcase only!
And maybe also give time for Mr WOS to post here while on holiday.... as not the same without you here, Mr WOS ?!
I told you the company has great potential but the CEO is of no potential.
All the gear but no idea come to mind.
I am definitely not a fan of MB. But what can I do. If it was up to me he would've been replaced long time ago.
We are in this mess because of him. Do your research
Master - careful. You’re flipping and flopping around like Hamm lately!
If the work can be carried out in winter then I can't see this dropping much.
As long as MB has organised PC facilities contract then we are good to go in winter
I'd take that at face value Manro but I remember your many, many posts back in the day urging investors to ignore the 'Barking dogs' who were trying to undermine your beloved Petro Matad, even though of course they turned out to be correct in their assessment at the time.
Your posts at the time were fueled solely by your blind faith and hope that this 'rainbow' stock would make you rich.
At some point you changed your mind and became an arch deramper who's posts appear no more based on the facts at hand than your overly bullish ones were all those years ago. Any poster who claims that Petro Matad is being run by a crook deserves to be ignored completely, regardless of the quality of his prose.
I didn't pay attention to your posts back then and I don't pay them any attention now.
That is correct M28 the next phase of Heron is not impacted by winter weather. When paperwork is completed the oil is likely to flow come the winter.
Thanks for the praise, Thornogson. But to be honest I deserve much more. I speak and write 4 languages perfectly, and only recently started learning English. And mainly to write comments here helping investors like you to avoid losses on AIM. Especially when investing in a company run by a crook. Therefore, next time try not to be stingy and praising me more, as only by listening to my advice you can not only avoid losses but get rich, very rich!
74 posts.
Only read one, Manro's.
I think your English is improving, well done.
Anything else changed?
Don't expect that lazy MB is going to interrupt his autumn tranquility in Singapore to do the hard and painstaking work with the contractor of preparing for winter drilling and production. And the contractor too is unlikely ready for so much effort and time to prepare all this in short timeframe. After all, winterization should include inspecting, maintaining, and repairing equipment before low temperatures hit, as well as making additional preparations for cold weather. And the cost of such hasty preparation can be much higher and I am not sure that he could find such money. Therefore, expecting the start of production earlier than April-May next year is very optimistic, as not excluded that production could begin only when Mongolia has its own refinery.
The activist were stopping PC Trucking operation last winter in January. Go and check her videos on her profile.
Oil production is all year round
Yes. They do.
Just asking - do Petrochina export their oil all year round?
Listening to the interview MB did in December last year. Looks like only drilling is effected in winter and he was hoping to get Heron well onsream in winter if contractors were available. So as soon as LP is here we are good to go provided we have men to do the job .
It's possible as it's only 2 week workover. Oil production is all year round..
It would be better If it's completed before November.
// You've neither the funds nor the guts to invest in PM (or anything else)//
That's rather a tad insulting Ojay since you have no idea about my investment portfolio or my holding (if any) in MATD. But I'll take it in the spirit in which it was meant.
LOL, Wigster! Spat my tea out...
Irritable Owl Syndrome!!!
I'd love it, just love it, if there's a procession of great RNSs at the very moment our resident "any day now!!" BOOOOOOOOMing expert WOS is off for 2 weeks buying new pants and (hopefully) getting his Irritable Owl Syndrome sorted. Be happy!!!!!!!! X30000 BAGGER INCOMING....ANY DAY NOW!!!!! STRONG BUYING DETECTED!!!!!! BREAKOUT IMMANANT!!!!!!
WOS have a great holiday and i am sure we will all be here when you return and yes i hope you are right it is double digits but somehow i think we are here in same place for another couple of weeks at least.
Wager what b/p? You've neither the funds nor the guts to invest in PM (or anything else). What else have you got to put on the table - your grandmother (RIP)? - so who would want to wager with such a charachter?
If all formalities are sorted soon then the elections next year shouldn't be an issue. IMO if the formalities aren't sorted soon then I believe Heron will be put on the back burner until the election campaign kicks off and PM will be used as a pawn in the energy independence war. We could still squeeze in the work over until this seasons drilling window closes but not a great deal of oil will be brought to surface to be sold. We shall see soon enough. GLA
Spot on Wolverine007. Only thing I would add is that the 'non believers' are few and far between on here. They are not what they make out to be and know what's coming. Watch them change their tune ( or disappear) when the RNS arrives.
Spending all day every day on here to annoy people omg ! Why this BB and no other ( please don't respond Badboy lol ) GL all holders
WoS go to Cameron Highlands. Beautiful place. Beautiful country too.