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….just like to put tick myself up the rampers rankings by saying …. I wouldn’t want to be out over the weekend and we are surely days away from double figures here ;-)
Rookie. The latest stage (special purpose certification), which is for central government departments to consider and submit to cabinet their responses to the proposal to certify the XX field as a special purpose area, seemed to have been initiated around beginning of April this year.
It's not clear how far the matter progressed before the Ministry of Construction and Urban Development declared that they were the body responsible for land certification matters, but the timescale for reference is early April 2023 to 22nd May.
How long it will take to repeat the paperwork and submit to cabinet will depend on a) that it us the same paperwork (i.e. no new matters being asked to consider) and b) if so, how far along the process the various departments has progressed with their original submissions. We simply don't have that information.
Also please note it is a PROPOSAL to grant special purpose certification (albeit one supported by the original department that had started the process). The outcome us not therefore, as far as ai can see, a foregone conclusion.
So hopefully same paperwork, just a simple resubmission and the propsal is supported and cabinet sign off, but don't believe anyone who says that this is guaranteed.
The whole idea is to get LP to access the whole block 20 field.
Why don't you guys do your research and see where block 20 is located.
What a silly claim bad. The road is few hundred yards from heron leading straight to PC facilities 10-15km away. Pc oil wells are yards away from heron.
You are talking nonsense now
Dont understand the comparison. Petro China doesn't need an spc/lp. Their fields don't have the same access problem as block XX.
So in that scenario BP PC should be made to do the same. Won't happen. But of course production needs to start. On another note we're ever closer to the spudding of V1 😁 GLA
Maybe the new ministry responsible could just turn around & say "OK we agree production from Heron but we're not comfortable with the trucking solution for transporting oil. So you'll have to wait for the pipeline"?
Master - please, I don’t want to get into a slanging match, but as you say, the mining minister said 1-3 months 8 months ago. So are you really that confident it’ll be 1-2 months from here and that we’ll have NO MORE curveballs thrown?
It'll take a month or 2 if that. EL took around a year. The LP has been going on for more than 8 months when 3 months was said by Mrpam minister. Can't see it taking more that 2 months
If we are having to go through the process again, does this means that we going to have to have the same amount of delays that we already felt? It's already been over 2 yrs ffs!!!
Intresting for new investors
https://vm.tiktok.com/ZGJx5GuR1/
https://youtu.be/NtTvgG-bKOo
The drop is due to the delay in receiving the land permit we're all waiting for. The drop is probably a bit excessive, but people are getting impatient/jittery. From the RNS 22nd May:
Block XX Exploitation Licence
Documentation prepared by the Ministry of Mining and Heavy Industry (MMHI) for submission to Cabinet to secure approval to certify the Block XX Exploitation Area as a Special Purpose Area was completed. However, the Ministry of Construction and Urban Development has insisted that as the ministry responsible for land issues, the Cabinet submission must come from them. As a result, they are repeating the step of asking all other ministries for comments after which we expect they will make the submission. The loss of more time whilst this is done is frustrating but highlights the fact that this is the first oil project to be put through this bureaucratic process based on regulations introduced in 2017 and the authorities involved have no obvious precedent to follow. The Company continues to push at all levels to underscore the importance of this licence for the Company and industry in Mongolia.
Hi guys, just reading the last few pages of chat. What are you guys talking about? Has anything happened today? What’s all this positivity? We down about a third as to where we were a week or 2 ago?
Love this! I think every board should nominate a top 4 rampers table! Highly entertaining board today! Getting the sex of Viking Glass mixed up with Viking Lass was the icing on the cake! Brilliant and congratulations to the nominated!
Long and proud and let’s hope for some good news in the coming days/weeks.
Good Lord bad profit , you’re absolutely right , I’m off on holiday early in the morning and am already in holiday mode. So yes I got my days wrong.
The only 50p you'll see is the change from that fiver you paid for your pint with. (and tomorrow is Friday, not Saturday).j
I think we might see 50p tomorrow, which is really good for a Saturday. Jolly good luck all, whether you ramp or not.
Thanks curious. I dont get that many awards.
So glad to be on any list...courtesy of AI-investor
LoL
i am more of a Peanuts man.
Vikinglass is a trader 👍
I think we could see 8p tomorrow ;-p
And the walnut award goes to..... Mr Positive!
//Well wigster says could be 4.8p and Mr Positive says could be 6+p close of tomorrow.
I guess we'll see who's the walnut this time tomorrow then//
Glass half full
or glass half empty
.....the truth is, there is no glass
Urgent correction to the ramper rankings. The entry for vikingglass has been updated.
Rank -4: VikingGlass, she is downgrading because she is not as crazy as the ramper above so maybe she is a ramper reformed. Let us see.
True, I'm female, last time I checked anyway 😇
The clue is in the name "lass" 🥰
You know Vikingglass is a lady 😱