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It'S a rhetorical question Ojay!
The answer is ... of course.... they DON'T KNOW
Why are you alsking posters on this board??? Address your query to the people in charge with PM FFS!!!!
CONTRACTS
The 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.
Are the contracts drawn up or pro forma? Or to be negotiated? Anyone?
//Petro Matad have SPECIAL CERTIFICATION from Cabinet//
No it doesn't.
According to the RNS Petro Matad has APPROVAL for special certification.... Requiring the completion of formalities subsequent to the special certification being granted.
Formalities of which we do not know the detail. They MAY be administrative but it would be a fool that assumes this can only be the case.
Better to be a nitpicker than a nitwit like WOS ;)
Local government are back at work. This paperwork can't be far off.
Thank you sir but let us focus on Petro Matad talk please. Pants down , up or full of Poooop is your problem not BBs.
Most IMPORTANT point
- Petro Matad have SPECIAL CERTIFICATION from Cabinet
- Petro Matad HAVE OIL ALREADY
- Petro Matad WELL FUNDED with cash until "AT LEAST JULY 2024"
- Petro Matad have 50% larger extension then Petro China of their PROVEN & PRODUCING 2 BILLION BBLS (est 3 BILLION).
- DQE PARTNERSHIP TERMS AGREED
- Heron Development & Block XX development planned to be together.
- ALREADY PLANNING WORK ACTIVITY WITH SERVICE PROVIDERS Schedule for 2023.
- Renewable Project / Revenue NEAR TERM
Think this lot more RELEVANT / INTERESTING then mr CaCs Pooop fetish!!
Happy to hold for MULTIPLE RNSs :)
Typical of you, you grab a word out of context and twist it to suit your agenda.
You really are either very stupid or manipulative. I used to think it was the latter but Im coming round to thinking its the former.
In addition you seem to be obsessed with p00, bottoms and pants down. I've heard of 'arrested development but this if the level of a 3 year old.
Youre really try to play stupid WOS.
You know I was talking about easements and cited a case where a leaseholder couldnt get to their external gas meter as they had no right of way over the neighbours land.
Mr CaC was telling us how we will not get land access few week back because of his EXPERIENCE with gas meters!!!
Header really apply to poster like him I think. Lot of talk & things pull from b*tt with non-use to real investor 🙄
Be happy & well research :)
Pilsbury Please let me remind you, it was you that got all pompous and condescending about it! Remember this?
//There are certainly a number of dimwits on this board who think only foolish views. You state the true and legal position//.
I'm off to golf although just to finish may I ask how your qualification's relate to Mongolian Law?
Curious re "you lot" I've never said any dates but I do beleive we'll hear soonish 😏
Delegated legislation is the regulations that allow administrative departments such as local authorities, to carry out their activities.
In this case the central government cabinet issued approval for a special purpose certification in lieu of and to override the delegated decision making of the local government.
What aspect of 'international' law did you study on your MBA?
(Just whilst we are on the subject and just for you , I studied property law, contract law, public and administrative law, conveyancing, tort, criminal, succession and commercial law).
That reply was for C&C
The Mongolian law is rapidly changing and is embryonic to develop and deliver a legal framework that enshrines the values of a Sovereign State and is recognised on an international basis.
Cabinet have issued an instruction with regard to the LP.
Having received feedback from all other ministries, the Ministry of Construction and Urban Development, which is responsible for land issues, submitted the documentation to Cabinet and the proposed certification was discussed at the Cabinet's meeting on 5 July 2023. The Cabinet approved the certification and also instructed officials to conclude the follow up formalities required under the Land Law.
One of the key words is FORMALITIES in the latest RNS. Cabinet, has used it's delegated powers to approve the LP which is binding in Law. My qualifications in Law are irrelevant as they relate to English law not Mongolian although I did study international law as a module when I did my MBA.
//It's 2 weeks and 1 day since the RNS, one of these weeks has been a national holiday, calm down ffs 😀//
hang on! what! Wait...
I (amonst others) was saying we won't be hearing in the next few weeks due to the holiday. You lot were insisting it was a 3 day event and the RNS would come straight after!
Brass necks all round...
//Sometime simple thing like timeframe need to be explain to simple people //
You mean like "RNS imminent" ?
Please explain to us simpletons what the timeframe "imminent" means WOS, as you've spouted that timeframe endlessly for the last six months.
Lol 💯 ms Vikinglass. He need to relax & calm down lol
I start to use Emoji now lol. Not long for 🚀💰💰💰
Have time today sir so just have little bit of fun with posters.
Talking about mr CaC Poooping himself 💩is not serious investor talk Lol.
Look forward to multiple RNSs hit soon.
Be happy & relax sir :)
It's 2 weeks and 1 day since the RNS, one of these weeks has been a national holiday, calm down ffs 😀
Have been around this price for quite few days. Think tell you enough about price holding level.
Sometime simple thing like timeframe need to be explain to simple people ;)
//Now we see only small price moves with strong buying on dip.//
Today is (another) dip - do you think the 29 trades showing represent "strong buying"?
Obviously no FOMO any more!
Mr CaC i did think you share with BB how you did poop yourself. Ok
Mr Researchandhold
This is what I say and why some people make big mistake expecting big price move for trading like before.
CABINET HAVE NOW APPROVE SPECIAL CERTIFICATION.
Before it was not approve and all talk about "will we get this year" etc Now we see only small price moves with strong buying on dip.
Think people who talk about trading are really one who worry about Poop experience like mr CaC share with us.
Sometime pant down have advantage Lol
Have my shares. Wait for RNSs :)
Wigster77 - that' exactly what I wwas driving at. The SP does not reflect the full value until as you say things unfold to their full extent. Risk being out and trying to trade the spikes & gaps between thing as they unfold means you could miss the big one that re-rates the SP