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Hamm - my new guess would be September/October. Got to get elections out of the way now, then a bit more bureaucracy. But my track record isn’t great… I’ve been too optimistic in the past 😂
Cyber, no need to be rude, but if you are really looking for a con man no need to look too far The con man is the one who changed his identity in July 2023 from Ricman to cyber! Tell me why?
I asked wos the question because in one sentence he said he LP after election and in another he said before reelection.
Landuse is all that's left which is still progressing no one stopping so nothing to do with elections, hamm your a con mate, pretty stupid too knowing we all know what your up to and no one actually takes you seriously
Wos, LP before or after election? What is your guess?
O & BP, we all want the payday within June 2024. MB and the fooking district govrner who scroll down social media and eat pigs dont fly everyday will decide this. Yes we are under fuill mercy of them, not Jesus unfortnately. London Suede, Union Jack dedicated for them. lets not hate each other. lets hate someone else e.g mentally super healthy activists etc. if \MATD hits ).33 P i will go to somewhere else no AIm anymore hhaha. Matd will be a bad story, mempory Mb, MG as well. RIP.
Roxy - I don’t think we’ve overlooked that at all. On the contrary, we’ve banged on for years about it. Incredible this is still dragging on and is not a good look for Mongolia as far as foreign investment into the countries goes. I mean, if you were setting up a company and had a choice of a few countries to conduct your business in, Mongolia would be way down my list!
Researchandhold said //BP is like a stain on humanity//
Ojay - what a terrible thing to say - you're almost as nasty a piece of work as R&H! Peas in a pod.
B/P: Well let's hope you are one of those!
What is overlooked here is Mongolia needs our money and also needs our Technology.
Some will try and delay the progress that MB wants to bring about swiftly but this is now just a question of getting the election out of the way.
Gla
If you listen to AGM presentation you will understand this is not case.
https://petromatadgroup.com/wp-content/uploads/2024/04/Petro-Matad-Limited-AGM-30.04.2024-09.00-BST.mp3
Local governor trying to get better deal from Central Govt for Dornod Aimag where 95% of oil is from.
Mr Mike Buck specifically did mention this and say does not feel it is anything personal.
Ce tral Govt can just "order" local governor but with election coming up they careful how this will look - I expect it straight after election (Govt have big majority at this time) and easily in time for 2024 Drilling Season.
This is why I expect Local Permission before because local Mata Sum get lot of 'benefits' and good Intel by Mr Master today do suggest this.
I hold comfortably & do suggest listening to Presentation before getting disturbed maybe.
Have good weekend 🦉
"I think (nearly) all of us want the same thing here. I'm still 50/50 after the AGM because while it was positive to hear that our cash position and burn is better than I expected and MB put in a good performance, there's no getting away from the fact that we still cannot begin operations at Heron and the Mongolians appear to be frustrating the process (not just that pesky Provincial governor)."
The most disturbing aspect of all this is that it seems specific to PM>
Some bank holiday reading.
The pdf gives an idea of the level of community involvement in the decision making process regarding land use in Mongolia.
https://mokoro.co.uk/wp-content/uploads/Guidelines-for-Public-Consultations-on-Soum-Land-Management-in-Mongolia_final-English-version_2021.pdf
Others were Re-born!
Aa Mr Thorngossin say we right at red dot point now for unlocking of full company potential.
🦉
//Researchandhold said //BP is like a stain on humanity//
A sad reflection on MATD - (some) of its investors died waiting for the payday!!!!
Thx Thornogson - hope that's the way it turns out (no longer for me but for my children).
Zero to Hero in an instant.
You deserve it more than most.
BTW: I am hopeful that I soon may be able to add my old boilerplate:
"In Matad I (finally) trust (again)".
And rest assured: I will be selling at least part of my holding at that point.
Thornogson: Idiocy is - hopefully - a temporary state and will change as soon as (and if) the situation changes in favor of all investors. I continue to hold on to that belief. Until then: I consider myself to be an idiot.
Apparently not Rookie!
Which I'm sure you'll agree is great news.
And remember......
'It is supported!'
We are at the complete mercy's of the local governors!
My worst fear is we might not even see LP this year!
You've spent shouting at 'mad dogs' who thought Petro Matad was rubbish and then you changed your mind and have spent your time shouting at Petro Matad supporters.
You now want to shout at the Mongolian authorities.
My opinion?
You shout too much.
Now we no longer need to make just noise, but start shouting deafeningly all over the world how Mongolian authorities have been openly and brazenly stealing money from foreign investors for more than decade.
And this should be done not by us only, but by the MB and its BOD first of all. And this must be done not just through direct and constant pressure on the arrogant governor or MG, but through the use of the world's mass media too. It's time for Mike to give interviews not to LSE, but BBC, Financial Times and other world publishing houses.
PM and all investors can't no longer remain silent when we are facing a real danger of wasting everything, both our money and that priceless time that will be irretrievably lost.
Thornogson, that day is quite possible i think. MG related stocks have strange historical patterns. Few years ago, i gave a up 975 (a coal company) stock at HKG exchange. A week later it did 10x in just 2 weeks. Today the valuation of the company is 30x from that price. It was a zombie stock for years and suddenly boom. The thing is we have to be well prepared for that judgement day. It is just like Jesus coming back as a thief. :-))))
It's the quiet before the storm.
It'll be a news vacuum until the glorious day that shall forever be referred to as 'Red Dot Day'.
The day patient shareholders are showered with untold riches and happiness thanks to the Committee of Matad Sum.