Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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http://jaran.mrn/i/2686
GL - Oilf.
Earthquake's, follow on from Mondays post 14-15pm, tried uploading a link but having trouble with translation, on the Jaran news there's an interesting article about said earthquake's. Hope you can get the link as it is very informative or if anyone else can maybe try. Hope this helps. GLA
Not sure there was an insult in my post.
But if you are happy over there, maybe stay there.
£1.295 not £129.50
Not sure I would listen to an investor, who's current rainbow share is £129.50 and he's advising everyone to buy when it's £3.00!!
Many thanks Donkee, much appreciated, makes sense to hold off to see next RNS
GKahn, hang in there buddy!
Trust me I feel your frustration, holding 3M shares, at least wait for the next RNS.
It would be a shame to lose you and your contributions to this board.
Hopefully your loyalty to PM will pay off.
GL
I prefer not to disclose the exact amount of my share holdings. But as I said it's more than 2mio.
I don't know where you got the 5mio. figure from. Never had that much. Would it make a difference?
Ojay
I thought you were a long term holder with 5 million shares?
Copy that GKahn. I've got a bit more than half your holding and therefore understand what you're talking about. As I already said today - PM is not communicating as they should. Very diappointing. However, given the overall situation PM's in I am willing to be patient. I can only hope that's a good decision.
This issue of local resistance has been ongoing for than a year and we have have heard absolutely nothing from the company. I repeat: it is a disgrace. I have more than 4 million shares and I have had enough frankly
Act in haste, repent at leisure springs to mind. Its maybe just a bit of a misunderstanding, lost in translation, after 12 years as a holder what's another few months and see how this plays out, maybe once the licence is issued then we can get back on track. Hopefully soon. GLA
That we are not getting a response to this critical issue is a disgrace. I am a seller after twelve years of patience
FYI Jaran have a FB page where i get the info from - also Merit is another good FB page to like which has given good info on MRPAM and the training they have been having hence why i believe there has been a delay in the exploitation licence
Jimi, i emailed Matad earlier so will have both of us at them - i have also asked for an RNS as they need to share this info. There was also 2 small/moderate earthquakes in Petro Chinas licenced areas in the last couple of days - i have also asked them to explain if this has an impact on PM
Its great, Jimi. Many thanks in advance.
Atb.
I have emailed PM so hopefully get some sort of reply, if I do will post here as and when.
Many thanks. It looks as if it is matter of financial contribution to the local authority which PM should be able to meet once Heron starts to produce cash
Also found this,
The social responsibility agreement is starting to pay off
2020/07/06
The social responsibility agreement is starting to pay off
Articles 11, 2, and 17 of the Petroleum Law stipulate that a mining license holder must enter into an agreement with the soum or district governor in which the license area is located, which provides for the protection of the environment and voluntary support for local development. However, Petro China Daqing Tamsag has not yet signed an agreement with Matad and Khalkhgol ??soums of Dornod aimag, where oil fields 19 and 21 are located, and has not made a significant contribution to the development of these soums. Therefore, starting from 2018, we have been working with the current authorities of Matad soum, the people and civil society organizations to implement Articles 11, 2 and 17 of the Petroleum Law. Earlier this year, the issue was raised to a high level and the parties agreed to implement the provisions of the law on the basis of civil protests. The agreement stipulates that the 2018 and 2019 agreements will be reimbursed and 500 million MNT will be invested, and $ 450,000 will be provided annually from 2020, of which 400,000 will be invested and 50,000 will be disbursed in cash. Today, after many years of hard work, the agreement was reached, and the first tranche of $ 50,000 is in the Matad soum development fund. From 2020, $ 450,000 will be provided annually, of which $ 400,000 will be in the form of investments and $ 50,000 in cash. Today, after many years of hard work, the agreement was reached, and the first tranche of $ 50,000 is in the Matad soum development fund. From 2020, $ 450,000 will be provided annually, of which $ 400,000 will be in the form of investments and $ 50,000 in cash. Today, after many years of hard work, the agreement was reached, and the first tranche of $ 50,000 is in the Matad soum development fund.
© 2020 Jaran.MN
Thanks for such unexpected find and for posting. I think it is needed to be send to Mike and ask an explanation. Please do it because it is someting quite extraordinary and in sharp contradiction what we have been told by the management and Mike himself so far. And please let us know what was a response. Atb.
Many thanks Jimi
Won't translate but if you Google Jaran M N it should come up under government sorry for mess up
Same problem. Do you know the name of the newspaper in which the article appeared?
????? ????? ???????? ?????????? ???????????? ?????????? ?????? ???????
Oops, the postings a series of question marks. Do you have a link?