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3.4 here we come imo.
I am aghast at the current SP now under 4p to buy. The market does not like the fact we still do not have LP and so much for a pre spud rise. Hopefully we are close to the price where the derampers will start buying back the stock
Actually I think the reason is that you think those with a less than rosy view may well be right and you are getting seriously worried about your investment (if you made one)
Cheeky little top up yesterday and more again today. Not too worried about no news (yet) or falling price. Hope the price stays down until after pay day and I’ll get a few more.
It could be below 3p soon if there’s no LP news
Back in the 3's to buy now ! I really do hope Mr Buck is doing everything he can to sort out the situation of the LP as it seems the market is not convinced with his previous statements ! We need news or just an update would help !
and there it goes below 4p mb needs to sort his **** out and fast people losing money and the mg taking the **** out of the company
can’t get over the fact that there sitting on discovered oil for all these years and not allowed to touch it , **** show
Doc/badprofit what ever your real name is, why do you have a problem with my opinion and then when I question your opinions you don't like it, you don't need to worry about what I think or anyone else to be honest as your not even invested here,
ClimbingWooster: I suggest you be a bit more careful when posting - you could get into trouble.
Bline: That was clearly a BOC comment (bunch of cr*p). Go look into your toilette before you flush in order to understand what I am talking about!
Iamrich I would really like to believe that this statement is true but not any mention for PM and our LP
"The Government's resolution on acquiring the land along the direction of the oil pipeline" for SPECIAL NEEDS was submitted to the Cabinet Ministers for discussion at the Cabinet Meeting
This to me clearly says land and development have submitted the special purpose area permit. Until it is confirmed by MB PM best not pin our hopes on that too much. It's only in the bag when confirmed. GLA
The LP is a land issue matter and land and development have submitted the paper work for this to cabinet yesterday to approve if they see fit, it's a special needs license so matd could access and produce oil relating to the national importance which is the oil refinery
RNS next week I would say, my opinion, this discussion will be lengthy and then they will sign off if they see fit,
When is the next pointless meeting WOS?
I have to give you credit as you alone have manipulated this into the best farce I have ever seen.
Wheres todays -2%.. slacking
Just as a matter of interest are we certain the LP needs Cabinet approval does it just not need sign off by the Minister in charge of that department ie MMHI. If so we do not need to wait for next cabinet meeting which are probably held once a week.
I agree i can almost taste it as well. I feel this could be a very exciting and hopefully profitable few months. Personally i think the silence is because he knows this is tantalisingly close.
When people talk about Mongol Govt wait to save oul for refinery this argument very weak & again BB logic lol.
Govt will lose revenue from PSC and also want Petro Matad exploration / development to grow which happen from Heron production revenue.
Also fit in with invitation to Xcalibur few month back to map resource to exploit & mention if Govt yesterday in statement about exploration & GDP
Very sillly argument say Govt save oil for refinery & only make sense to some people in BB but not real world lol ;)
MMHI had all document ready for submission BEFORE 22 May RNS and Ministry of Construction & Urban Development take over submission BEFORE 22 May RNS.
MCUD 100% right to take over submission because this come under there responsibility not MMHI. Should have done before? Yes but dud not and do it now so NO future problem.
Also MCUD did submit Special land permission to Cabinet yesterday which they say was going to do on own website.
Have no more news on this from Cabinet update which did only mention 8 topic from total of 40.
Maybe Special Permission already sign? Will find out VERY soon & also other news so shares in pocket & pants up.
Be happy & ready for RNSs we have due :)
Climbing - ya your a$$ for sure 👹
RNS will arrive when V1 has been spud. So within the next week or two. I suppose if LP granted sooner maybe both items in the same RNS. One can only hope. Renewable and other news maybe just after. V1 spud so close now I can taste it so let's hope it's a successful outcome. GLA
Well AI Investor you'll have to make an effort to match my (almost) 40 mio shares. GL
Vikings ass I bet I have something bigger than yours :-)
Hi all..
I know we all saw the RNS operational update on May 22nd - but as usual, and it now being June 8th - it is noted that Mr Buck, as per usual - is still silent when it comes to keeping investors updated with progress.
To summarise the key updates from May 22nd - with bullet point 1 below, now just 7 days away from forecast - being first half of June. Any updates please Mr Buck to the shareholders?
Operational Update
Key Company Updates
· Rig arrival and Velociraptor 1 spud are forecast during the first half of June.
· Mobilization of site construction equipment to the Velociraptor 1 well location has commenced.
· Documentation proposing the certification of the Block XX Exploitation Area as Special Purpose Land for submission to Cabinet is being prepared by the ministries responsible.
· Negotiations with the Government for a new block in Mongolia's 2023 Exploration Tender Round are continuing.
I wonder if MB has got paperwork sorted to use PC facilities while we wait for the LP.
If its just 2 weeks workover with a crane. We will definitely need the permit to use the PC facilities.
4/5 months left till end of season.
I'm hoping things are moving with PC and DQE.
We can't have still negotiating in the next RNS
I have been here since the very first day and have 20 million shares.
No lies here
Fair enough ojay.. good luck to you !
(and apols for being a bit out on the years of that 30p + rally.. I started to play hard in the AIM O&G space in second half of 2015.. and early on took a fair olde beating for a fair while.... then had a golden two years.. so late 2016 and 2017 for that big rally here makes sense....this was my first properly meaningful win in the space.. I remember standing outside Gaps shop on High Street Kensington to take a min to check in on this one afternoon.. and in the space of 30 mins standing there with my mouth open I watched a 7k bet double and some.... did some tactical trading thru that rally thereafter .. got nowhere near maxamizing the possible trough to peak overall gain .....but you never do.. still was thrilled/hooked by that specific rally experience :-) ...those were the AIM O&G days.. 21 to a decent extent too for me .... some tough years too mind.. hopefully AIM O&G proper bull market comes around again.. but with the World going greener and greener into the future it'll keep getting harder and harder to win well in the space, I'll guess)