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Guys, please just look at the RNS. 3 times MB emphasizes on Local permit explotation.
LP draft has been sent to different related ministries to be checked and amended if necessary and when it is ready to be signed by cabinet. How difficult is that to understand that 100% LP will landed soon.can be any day.
Documentation to certify the Block XX Exploitation Area as special purpose land is being prepared by the Ministry of Mining and Heavy Industry for submission to cabinet for approval.
Block XX Exploitation Licence
Documentation has been prepared by the Ministry of Mining and Heavy Industry and circulated to other relevant ministries in advance of submission to cabinet to secure approval to certify the Block XX Exploitation Area as a Special Purpose Area. The certification is being proposed on the basis that the Heron development is a project of national importance. We are pushing for the matter to be brought to cabinet urgently in order to allow in-field activities to commence to make the Heron 1 well ready for production.
We continue to push the Mongolian Government for the certification of Block XX Exploitation Area as Special Purpose Land and are pleased that the Ministry of Mining and Heavy Industry is proposing the certification on the grounds of this being a project of national importance."
Explanation
Few of you who keep asking silly questions and not having an exploitation for your questions need to understand that the paperwork is related to PM.
The SP crashed and once this was posted it rose by 15% and has held since. The market has checked the paperwork and have accepted this paperwork is a L.P. for the block next to block 20.
If it was not related this would be down to 4p.
Do some research and enlighten us all. Even negative news if you have any.
This board is for sharing positive and negative information.
For the illiterate who keep questioning. That paperwork is an L.P. for block XXVIII which PM is acquiring . MB has this time asked for the paperwork from mpram first before PSC is signed.
You will understand when the RNS lands.
https://www.mongolianminingjournal.com/a/72793
Come on cabinet let's get that LP and feed the Chinese the oil they need and we all start earning revenue.
Eco Activist was crying about dead animals in PC's block
This idiot BP wants someone to apologise for calling him a moron. Look back at messages from him/her when be calling everyone else names. This person IS the biggest moron on this BB. There is at the most of times great dialogue, discussions, info sharing on this board, with the only exception being this total d*ckhead BP. People try not to interact with this sad, fraud and vindictive a*sehole and give it airtime.
Master82 keep doing what you're doing my friend. It is very much appreciated keeping us in the loop. Onwards and upwards everyone, hopefully another day closer.
I see the Eco Activist as posted with crying emojis. Hopefully it relates to PM
You said - //in other words.. that ducument IS the lp. the contents define it//
And you called me & others morons for doubting it. Don't you think you should APOLOGISE and admit that it's you who is the moron?
M82.....Good Stuf Mate".... thanks to your efforts and those supporting your efforts, I agree with you ...."The positive sentiment you have shared and info that is "verifiable positive info" has given our SP an 'up-tick' .... even with no RNS this proves that positive sentiment by the owners of our Matd'r on this ownership board deffinately increases the value of our SP'. thanks again Mate'.... I think i speak for alot of us here when i say "Please keep the Positive sentiment coming" "The Happy Day"
Reminds me of Clarkson's Farm E2
Jb12345. I will do. I KNOW THE feeling of being left in the dark and money being stuck for years.
This year it'll be different. I am stalking few representatives on the Facebook and activists and news channels to get info and pas it on to you guys.
The more we all share the better the markets will react and attract more investors. Just like it has done in the past week.
I've never seen this many traded in 1 day for a very very long time
Great to see you back master82, you had me worried we had lost our best source of information.
26 recommends for you yesterday to the following at about 10pm.
Master82, please continue to investigate and provide information. We will review it and make our own decisions. You have provided so much more information than MATD .
Thanks for all the time you have spent on our behalf.
Expect next RNS with L.P. and 2 new block .
Sorry couldn't post anything here today been very busy.
Hopefully back in action with some more info to let investors know why PM could be the next big oil company after PC.
Documentation to certify the Block XX Exploitation Area as special purpose land is being prepared by the Ministry of Mining and Heavy Industry for submission to cabinet for approval.
Block XX Exploitation Licence
Documentation has been prepared by the Ministry of Mining and Heavy Industry and circulated to other relevant ministries in advance of submission to cabinet to secure approval to certify the Block XX Exploitation Area as a Special Purpose Area. The certification is being proposed on the basis that the Heron development is a project of national importance. We are pushing for the matter to be brought to cabinet urgently in order to allow in-field activities to commence to make the Heron 1 well ready for production.
We continue to push the Mongolian Government for the certification of Block XX Exploitation Area as Special Purpose Land and are pleased that the Ministry of Mining and Heavy Industry is proposing the certification on the grounds of this being a project of national importance."
Do you know, that's exactly what I said to myself!
You backed a bouncing dead cat?
Well done you!
iamrich: “Suggest you STFU and f off you irritating bastard”
LOL. iamrich, you still a bit sore because I made you look completely stupid the other day?
Thornogson - we can’t get every investment right, but you obviously stalk back far enough to read up about my significant top up in SNG at 8p just a week ago? A 75% increase in a week is fine by me, to go with my 100% rise in MATD.
The line between positive and ramping is mighty fine when it comes to wos
Mr.P. But I wasn't talking about Heron I was talking about Velociraptor. Slight difference in distance.
Somebody else mistook gallons for barrels in calculating the number of tankers to shift 3000 Boe per day. That's 11 tankers. If there's 100 million barrels at 3,ooo per day it will take roughly 100 years to extract and drive out the oil. I think we are talking about a lot more oil than that. Obviously if all comes good the plan would be to extract more per day but that just adds to the logistical problem. Anyway it got you all thinking about being realistic. Let's hope the pipeline gets built if we find the oil. More importantly let's hope we do find the oil. Fingers and toes crossed that we have a nice problem to solve.
Was going to count your posts Doc.
Clicked on your name and can't get past the fact that you thought putting money into SNG was ever going to go well!
Cracking eye for the risk/reward balance eh?
Sorry but I'm going to struggle to take your investment advice on the risks here even harder now.
Just sell and move it over here?
I also believe it is on the way but I don't want to wait for it and delay the raptor drill. I think this would be a mistake. Any delay or failure to carry out an agreed plan of action reflects poorly. It will be an exciting few weeks.
latest RNS 4 April I mean
Maybe you right mr Ninettoes but one thing is sure mr Mike Buck cannot misquote Mining Minister.
This is in public domain and if Mining Minister dud not say he will sort it out then mr Buck will be in trouble.
Look like Mr J Ganbataar give last chance to local in Feb then push ahead without them which latest RNS say on 4 Feb
Remember Mining Ministry take over from MRPAM to push this now so Mining Minister take direct control & why his word given and now to Cabinet to sign.
When you look at pieces tell me in clear way will get LP VERY soon and before Velocirapror.
Mr aster was right in this & why always say am more comfortable & happy to hold then be without MATD share whatever price do every day :)
Thanks for the replies and in particular Jimi the Brush. Hopefully the pipeline will not require a string of land permits along the way.
Doc83 your a waste of space here, you have never contributed to any info or research here nor any positive posts for shareholders or anyone that may have wanted to invest here
Your just a nasty character who has constantly been negative towards matd and anyone who's been positive, you have posted false info info that you don't know or is true
Wiseowl is only being positive and posting what information is out there already
Suggest you STFU and f off you irritating bastard
A good point but PM have been between a rock and a hard place for quite a while. Mike Buck I imagine did not feel comfortable (or at least I hope he didn't) talking about winterized rigs and the possibility of drilling raptor early. In my view he did this to prop up the share price until he got the placing away. You have to remember there is a time limit on the block which has already been extended once. In my view it would have been worse to do nothing at all and relinquish the block. Especially if someone else came along later and found big oil. It is still only around 2 out of the 12million in the bank.