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Bowley: That would hardly be on top of other entitlements right? I assume it would be considered to be a minimum percentage entitlement.
Special Purpose Land as Project of National Importance.
Happy? ;)
Oh dear what have happen we have give all of BlockXX away!! LOL
Grow up sir. If this was case will have need to be in RNS ;)
You do know WOS that a project of strategic importance the Government of Mongolia are legally entitled to 34% of ?
So when Cabinet name Block XX development
- Project of National Importance
- Approve Special Certification Land Use
- Instruct officials to CONCLUDE follow up formalities
- then Head of Mining Ministry go there personally week after to Dornod Capital
Remember again this is special project designation and THIS WEEK or NEXT WEEK
RNS look like about to be release.
Buy or not no problem but true VALUE not REACTION will find price level.
Matad is not known to "over-communicate" and drip feed us with updates, my guess is that the will issue and RNS when they have everything in place, hopefully soon ๐
Refinery completiin just make it easier for Petro Matad but again better to refer to source direct. All info there for one who is not lazy & look for it
12 min 30 sec in
https://youtu.be/AzHbQpedtMI
Mr Doc - "as for my mistake with the Progressive Report, I acknowledge that almost immediately"
No when you were using 2 year old report to tell people Petro Matad need placing I corrected you very quickly because I have akreadyvrsearch this.
Then you admit mistake because very difficult when I ask you direct how oldcrepor5 is that you use.
Maybe context something you need to understand but like you say Karma will find you ;)
Be Happy but honest with posting :)
I do not think this is going to be resolved this week. It took a month for the LP (as it was) a week to come and even then it had to be forced otherwise the V1 duster results would have leaked out before hand. My reckoning is early next week ie around the beginning of August. Just be patient i am not sure what else there is after this so hopefully this is it.
Petrovis involved at the highest level with the government.
With the help of a grant from the Republic of Korea, the Ministry of Minerals and Petroleum and KOICA are implementing a project to improve the quality control system of petroleum products in 2021-2025.
In this context, on July 26-28, 2023, the Korean Oil Department (K-Petro), the project implementer, organized a training on the standard requirements for the quality of oil products, the control system, the legal framework, and the methods and technologies for quality inspection of products.
The training was attended by representatives of the Ministry of Agriculture, Minerals and Oil Department, General Department of Customs, four provincial laboratories under the General Department of Customs, Mongolian Oil Refinery, "Liquid Fuel Transshipment Facility" SOE, "Petrovis" LLC, "Magnai Trade" LLC, and "Shunkhlai Trade" LLC.
Within the framework of the above project, works such as renovation of the central laboratory of mining and petroleum, creation of a new environment in accordance with international standards, supply of analysis equipment, capacity building of analysis experts are being planned and implemented in phases.
Master: Fully agree - PM need revenues and they can generate those without a refinery!
It won't make any difference to PM. PM will have to sell oil to PC. PM doesn't have any facilities.
What amazes me is that the guaranteed thousand times a week roll out of 'looking for a cheaper entry' goes unchallenged ๐
How deluded the happy clappers are to think anybody wastes their lives reading twice the amount of posts to trades to 'WAIT' for this dog to drop any further to snap up its turds ๐
NOBODY is trying to get the price down, just warning others not to get stuck in this whopper and hoping with all hope that somebody, somewhere, anywhere! does their job and starts the slowest ball rolling. Heres to a few pence upwards and we can all get on with our lives! GLA
Hoot hoot
Because it is part of the bigger picture
Refinery wont make any difference to PM. PM has to take their oil to PC facilities. With or without the Refinery.
Pipe line is from PC facilities to Refinery so
It have 0% impact on PM operations.
No idea why peopel keep bringing Refinery up.
Landicaamans - Qatar, went to watch FIFA there last year. Small country but nice. mightily expensive though.
China still wanting more
https://montsame.mn/en/read/323643
I just dipped in again, and I see that the usual suspects are still bickering and arguing. Yawn.
Bottom line is that MATD has never been particularly kind to LTHs with frequent raises thrown in as well. If you had bought in on the last raise, and then sold at the peak of a recent 7.3p MM induced spike, then you would have realised a 350% profit. That's the same as a LTH with an average of 5P now requiring the SP to reach 17.5P in order to make the same profit. And the risk and stress would have been far lower for the short term trader.
It's all down to fundamentals of course - that's why MATD was valued at ยฃ2.00 a share back in April 2011 without an exploitation licence or the LP for Heron, and now with both of those in the bag it's worth just 4.75p. LOL.
Refinery now delayed 2026 due to amongst other things, permits. Mg make the Vogons administrations look easy going and slapdash by comparison ffs.
Thornogson: โSo you both have an agenda Doc?
No surprise there then. โ
Youโve lost me. Whatโs my agenda?
Wigster- post of 2023 so far.
To keep the peace on this board. The quarrelling is driving me nuts!
Until the refinery is up and running our oil goes to Petro China ๐
Which bloomin' idiot said the refinery wouldn't be operational in the expected timescale? Oh - that was me - SORRY!
All Ministries are back at work . Facebook updates from different agencies since this morning.
Last few weeks has been quite .
We desperately need this company to start making money this year.
Ah, then look out for a new poster with there account name as Wise Old Horse :)
Would appear that the goal posts have been moved yet again https://youtu.be/gafcEmZZWn0