Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
RNS land access for Block XX. - DELAYED !!!
- RNS Heron Commencement. - DELAYED. !!!
- RNS Block XX Extension into Toson Uul (est 3 BILLION bbls). - DELAYED. !!!
- RNS DQE Joint Venture. - DELAYED !!!
- RNS First Production. - DELAYED. !!!
- RNS Heron Field Development Plan update. - DELAYED. !!!
- RNS New Blocks Details. - DELAYED !!!
PM needs a strong management who is not messed around.
Time for legal action as winter is coming to an end.
Why are locals being awkward is the real question.
All this to make company position LEGALLY WATERTIGHT
I think therein might lie the issue.
My guess is the Finance Minister hasn't approved the non-standard method of compensation payment,
as this could attract activist outrage, who would then broadcast all over social media that "foreign companies are allowed to break the law" etc.
Is he going to risk that in an election year?
If so the payment will have to go through the extremely slow process of compensation via the budget.
Everyone has a right to post, if wos wants to post positives then let him, you post your negative thoughts but why is it that everyone keeps on attacking wos, why is there more posts everyday attacking wos I just don't get the mentality here some of you are right idiots
Get a new CEO and Mongolian government wil change their ways and have you that permit t lol
cyber.
you are clueless..this has nothing to with government. if it was , we would have the lp.
you might not know the full story. why is the local governor being an ****.
go and do your research.
Government doesn't give a damn about activists unless it suits them.
If the short cut process wasn't the case then shouldn't be an RNS?
However any RNS not cover LP wouldn't be good really.
The government has messed PM AROUND FOR 5 Years.
If they were supportive they would give a special permit like they have issued for their pipeline and railway.
This has to go to court just like Magnai Trade. It took them few months to get LP and compensation..
Mike Buck has applauded the slow but legally correct route, until the suggestion of a non-standard compensation methodology. It worried me at the time when I read it.
I thought why would a politician take the risk of not taking the prescribed route to help us out?
Even a basic understanding of Mongolian politics tells us there is a huge popular nationalist resource movement (i.e to keep all resources in and owned by Mongolians). The activists are just the vocal end of that broadcasting any and every violation of rules.
I guess we'll see what the delay is when we get the next RNS.
"but why is it that everyone keeps on attacking wos..."
Because he attacks anyone who disagrees with him, and then proceeds to follow/stalk them on other boards!
Anyway, 3.00p bid...
Words from the RNS that people may have brushed over.
UNDER THE LEGISLATION, the compensation payments SHOULD be made from the State budget
The money is awaiting transfer ONCE THE MINISTRY OF FINANCE GIVES APPROVAL for this to go ahead
MG hasn't been supportive at all and all MB advance talking hasn't materialized yet.
However I believe he wants LP as much if not more as we want, but his strategy hasn't worked yet.
Down we go again till LP landed.
'The money is awaiting transfer ONCE THE MINISTRY OF FINANCE GIVES APPROVAL for this to go ahead'
Why should it be difficult to just approve it? Unless there is no willing to do so!
How long excuses can go? How many permits have we had? It is just stupid that MB doesn't speak out and do sth different.
Hamm - 2 or 3 weeks ago weren't you urging people to buy at about 4p because in your words ' there is no risk ? '
The current crises faced by the locals is an opportunity for PM to help out locals and get good press coverage.. Its a perfectly human thing to do and donate towards the suffering of those poor animals. They buried alive and its a sad to watch..
I am sure PM will win the hearts of the locals.
Even 50k will go far.
Master I agree. I noticed the activists are rallying support for the herders crisis and a comment on a fb post said something along the lines of the miners should be helping. Whilst we've put our hands in our pockets before this will be the right thing to do
Yes Aeshylus.
The are calling miners like PC . Stepp gold and other to help out.
Its a perfect opportunity to show PM will support locals in times of hardship..
Even the prime minister is out with trucks loaded with hey to show his support.
"and a comment on a fb post said something along the lines of the miners should be helping."
Bit rich of them when they've done nothing but block the miners from making money. I'm very against anymore PM money going to the locals in "brown paper envelopes". They've had plenty enough so far, and we'll be paying our due taxes on any oil we produce.