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Nobody knows. Back to 6p before Friday close IMHO
I would say that it would certainly not be dropped this month at the very least.
Next Thursday is the 1st of June
Not quite sure what you mean by that, just saying that is you are expecting an rns in the next couple of weeks prepare to be very disappointed
Al-Investor: "just saying that is you are expecting an rns in the next couple of weeks prepare to be very disappointed"
This is YOU speculating/deramping, where is the fact?
Walk your own talk please!
Be happy 🐷
Is PC doing oil activity in Mongolia? Drilling and extracting oil in M? If the answer is No then why activist are upset with PC? If the answer is yes then why MB said MATD is the first oil company getting permission to extract oil and for that reason the process is new to MG!
Why MB hasn't been clear transparent about IOM?
why MB is so adamant and reluctant to share news with holders?
Is it true good news comes fast?
why MB didn't ask MG for a deadline for LP?
Isn't it better if shareholders to put MB on spot so he may feel a bit accountable?
is it MB lack of charisma/ authority that we are where we are?
what if another ministry asks to have reviews too?
why the ministry of construction didn't raise the issue before? why now?
why none of the BoDs who are Mongolian are actively doing sth?
what does national importance mean? to us and to them?
to us means LP granted fast.
to them delay as much as possible?!
Is it guys ok and effective that MB just sending letters to them and thinking LP is coming?
why doesn't MB and the CO don't speak up?
they look to me they accept anything they are told! aren't we taken for a free ride?
I just don't accept spud with no LP and not comfortable with MB attitude.
Umm not sure there is any fact in that the lp could drop at anytime.
Just differing views on a tinescale. No need for strong emotion
Ianrich
Looks like iamrich is in the sin bin. All posts bar one deleted since yesterday morning.
Curious lol, still here moaning about everything, take a chill pill and just wait like a adult for the deal to close,
Thanks for popping up. Thats helpful so just click on his name.. all posted deleted yesterday for abuse.
Yes i think myself and iamrich took it too far and cluttered board. Apologies to all. I will refrain from such behaviour onwards
I think LP could land in the next 3 -4 weeks tops, as we know the paper work was completed but didn't get a the time it was completed and then the land development resubmitted so I'm thinking it may have taken a month to get this done and most likely submitted 2 weeks ago or even last week,
The ministry's have done their due diligence and all they need to do know is to just re sign the papers,
Im sure this will not take too long now, and do believe people will be caught off guard when the LP lands all of a sudden unexpectedly,
Expecting spud of velociraptor and LP at the same time
Fact check....this is NOT fact. It is an unknown how far previous submission advanced.
//The ministry's have done their due diligence and all they need to do know is to just re sign the papers//
Badprofit banned I reckon for his disruptive behaviour, looks like admin are looking into these guys now
Curious lol read RNS it's says the paper work was completed but...
Good post Hamm
But did MB actually say. "MATD is the first oil company getting permission to extract oil and for that reason the process is new to MG" ??
I think the process MB is referring to as 1st/ new is the special purpose certification for the oil field in order to override the land access issue (rather than oil extraction per se).
This land access issue seems to be unique to block XX as far as I can work out.
Good morning, Hamm.
I don't share your view of MB. I feel he is hugely disappointed himself, but this is virgin territory for the MG and there is a degree of making it up as they go along.
MB has to keep himself and our company clean and ingratiate with all parties that are brought to the table as the MG muddle through this process.
MB has met many people, invested a lot of time in learning the corridors of power, how it works, who to talk to and how, in a very under developed and slightly simple land. This intellectual property and built up trust can not be under valued when all are so nervous and new.
A hard approach would most likely have closed many doors and our company would have failed easily. However, we seem to be the trusted western company that helps and that they wish to give preferential access to. This, though, can not be seen to be illegal or benefit PM over others during any issuance of LP or newly tendered blocks.
I see this all as hugely valuable and time will tell if our closeness will deliver the prizes we are wanting. I believe the LP is only weeks away with due process.
The rest smells good and is worth a punt.
Paperwork completed yes but that DOES NOT MEAN it was distributed, all have read and due diligence issues settled.
Great post Manx.
Thanks for your reply max. I am sure MB has been as disappointed if not more as we are.
surly MB wants LP again as much if not more as we shareholders.
for all reasons I am sitting tight and holding my valuable shares.
I am still very positive to get LP hoping before spud.
Curious seriously are you for real? RNS from 3 April states clearly paper work circulated, and last RNS says it was all completed but has to be resubmitted
MB says "is being" and "has been" in the same April RNS... so who really knows. However to ASSUME that all departments have read, all due diligence etc has taken place and responses are ready really is taking it a step too far ... except other than we all can hope
I don't think its a step too far at all. We know the relevent ministries have seen it otherwise one of them could not have insisted that they put it forward imstead.
Ok let's "hope" its just a simple resubmission and that all responses are ready. Fingers crossed and all that...
Has anyone read the article on emergency meeting held few days back.
THE MINISTER HAS BEEN URGENT
The regular urgent meeting of the Minister of Construction and Urban Development was held on /22.05.2023/. At the beginning of the meeting, the Ministry's departments, affiliated organizations and project units presented the information on the work carried out in the past 14 days. The main activities of the past period include:
Preparations for the document "General development plan for the development of the capital city Ulaanbaatar until 2040" have been intensified to be discussed at the Cabinet meeting and submitted to the State Great Khural.
The working group of the "Selbe revitalization" project met and finalized the direction of the 6-lane road for cars and public transport, 42.6 km long road for pedestrians and cyclists along the Selbe River, and carried out aerial photography, field measurements and research on a 500 m wide strip. A topographical background map was received at a scale of 1:500. Also, hydrometric measurements were taken 24 hours a day at 13 crossings of the Selbe River, and river bed and coastal sediment samples were taken at 93 locations, and the engineer is carrying out geological research.
The technical safety of the newly assembled elevators and escalators was verified, and 16 official requirements and 7 conclusions with 128 provisions were delivered to citizens and enterprises.
The cleaning technology of the countries leading in the cleaning technology of treatment facilities was studied, and the suitable technologies for Mongolia were presented.
The tender financial proposal for the project "Construction of Rainbow 1 and 2 housing estates" was opened and the evaluation report was submitted to the Export-Import Bank of Korea for review.
Opinions were gathered on the draft of the government's resolution on the acquisition of the land "along the direction of the oil pipeline" for special use by the state and submitted to the State Government.
The concept of the resolution of the Parliament on the acquisition of some land for special needs of the state for the purpose of ensuring defense and security is being developed and preparations are being made.
The management of the units informed that the planned works are being carried out according to the schedule for the project units.
Minister Ts. Davaasuren gave the following responsibilities as part of the tasks presented in the quick session, as well as measures to be taken into consideration in the future. It includes:
✅ To finalize the "General Plan for the Development of Ulaanbaatar until 2040", warn about the delay in obtaining consulting services, and speed up the processing of this document;
✅ Intensification of the work related to the transfer of mortgage loan financing to the Government;
✅ Accelerate the cooperation agreement with the European Bank for Reconst