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All very simple really & does not need emotional things on BB. Think everyone know game play by same ones here LOL.
If people expect mr Mike Buck to issue RNS to say "formalities" concluded then think they should read back how he operate. When major Cabinet decision for Special Certification of land APPROVE by Cabinet (6th July RNS) then he will not think BB posters need seperate RNS because they do not understand FORMALITIES mean formalities ;)
Maybe one who mention "bullsh tter from 2018 onwards" forget about global pandemic. Also maybe reason why they try to jump on "the way US rep look at Mongolian Prime Minister" as reason to spread panic.π
Think all know game play here by this people!
Hmm says Geo who joined on the 23rd July 2023 and has posted 10 times.
What's currently happening in Government is outwith MB's control. Everyone who holds shares wants the SP to rocket yesterday but we all know that these " formalities " will take their own time. Doesn't matter whether this was happening in Mongolia or UK we just have to wait and stop moaning and criticising everything and everyone. Personally I don't think we have waited too long on these formalities being concluded but they need to be done for everything to move on. MB can't do a thing about it but I do think he'll be ready to act swiftly thereafter and get that oil out of the ground. Keep the faith Keep your shares close. Lots of scaremongering going on here but guys who have been here longest know it'll come good. Soon. . Gla
WOS, you haven't answered my direct question to you.
The potential with the right CEO is excellent here.
MB just doesn't have the authority to move thongs fast.
Just look at some of the Australian companies in Mongolia they started after PM and are now producing gas . Just go and look how they communicate with their investors.
Investors have every right to complain as we are always told lies by the man Incharge.
You only turned up yesterday. Go through all the interviews fro. 2018 onwards and you will realise MB is a bull sh tter
3 months of waiting for LP has turned in to almost a year.
If you don't think we are taken for a ride then I don't what this is .
Passing from one ministry to next.
I doubt this year anything will happen.
Mb can't even provide a decent RNS. HE IS THE WRONG GUY FOR PM
Wise you talking of serious investors. I've been here for 5 years with 3.5m shares what's your holding
//MB needs to read the frustrated chat of the sensible shareholders on this and other chat boards - and start to provide some regular updates of progress.//
Anything he says now short of "The Heron team ARE STARTING the workover & we have signed the agreements with DQE, PC & a customer in China" will cause the SP to slide further. If he can't say that he'd better say nothing.
Well said Rookie.
Categorically it appears shareholders are being taken for a ride..!
I read the last RNS again, and the following I have copy and pasted⦠just to remind us of the utter bulls**t we are being fed.
Namely:
βThe Company will now work with the central Land Agency and local authorities to complete the registration of the area and to sign the necessary contracts required by the regulations on the management of special purpose land. In parallel, we are already in discussion with service providers to determine a timeframe in which crews and equipment can be available for the completion for production of the Heron 1 well.β
In essence - there was nothing in place and still nothing in place.. !!
MB needs to read the frustrated chat of the sensible shareholders on this and other chat boards - and start to provide some regular updates of progress.
Very happy with the SP relative stability this last week when there is no news either way.
To state the obvious, the next RNS is hugely important and will have a big impact either way. I believe MB knows this and hopefully he senses the delicately poised situation. A wrong step now and the SP will crash. He has to get everything totally perfect and water tight now. No more room for "frustrations" due to delays.
We wait with high expectation and a lot of hope!
My guess is that the Americans view Mongolia as akin to China & Russia. I'm surprised they are providing even a small amount of funding.
Same type of talk complaining about US lady rep who "look at Mongolian PM in funny way"
Let us be serious investor & discussion or find something else π
Successful investior will not be cry baby π
So many chances were missed. Copl , PRd and iog.
Money been stuck in here for years and we are literally being taken for a ride.
Pass the parcel
Big move likely to happen so deff dont want to miss out
This is VERY SIMPLE mr Rookie.
The only person who is an *** as you say sir is one who hold share and say NO production until refinery built. This person should find other investment BUT they do not Lol.
Maybe this say all π
Timeframe I say PLENTY of time is Q3 2023 for operational start & multiple RE-RATE of price. You do not want to wait then do not. I will not take risk of RNS release & not holding.
Be happy but not "***" to hold share if you think something different π
Because we waited first for Licence, then LP, this even now has MG special national important approval, but yet here we are still not got LP! So you being an *** still singing in high praise, how long before in become unacceptable in your eye?
WOS, how long a wait in your view is unacceptable?
Only ones who say Mongol Govt holding things up is some posters on BB. Only ones who say Locals holding thing up is same posters on BB.
Official source say Mr Buck in talks with service providers for completion of for production of Heron well.
Ones who say Mongol Govt do not want Chinese & wait for refinery do not understand basic Economic I think.
Mongol Govt does not think in petty way like BB poster and understand simple truth. Longer the wait the more REVENUE will be lost to Mongol Govt from Production Sharing Contract.
I do not post often on BB now but sometime shock by BB logic LOL.
MATD cash until AT LEAST July 2024, going from Explorer to Producer and some BB posters want to play game with investors π
Be Happy & focus on investment not BB gossip
Does anybody care? Congratulations anyway.
BTW - I sold my shares in COPL for a 90% gain so I no longer hold those either. Ta very much.
Many thanks Ojay
Yes: there are a few potential scenarios that could work out well for PM shareholders, including a possible takeover of PM, however unlikely that may seem at this point. PM is not in control of its destiny and the economics of export to China may not be attractive in the short term ; moreover, MG has a problem with its refinery scheduled to come on stream in about three years with insufficient domestic crude oil supply. This situation lends itself to an opportunistic takeover of PM.
Oh man! Why don't you guys just leave it up to the PM people to do their job. Or do you really think that your posts will make any difference?
If you want to (try to) make a difference: Go to the source and place your concerns there!!!
Well Geo.. whichever of the ramp crew you are, its simple. Anybody that isnt in your gang of happy clappers is rounded on as either not invested or 'trying to get a lower entry point'
Since 'soft' lp announcement - meaning still no rights to extract any oil, this share is just pumped and dumped while not breaking the 5p mark since last rns. .
Whilst i would love my shares to multi bag here, any movement up from 7/8p will see massive selj offs (if it ever happens) because if you sift through the thousands of owl turds, you still wont find 1 barrel of oil. So yes, boredom of waffle from you lot of daydreamers.