Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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This is a perfect opportunity for MB to attend this conference and get locals on his side. This was posted by the local governor and no doubt he will be there.
Mongolia's long-term development policy "Vision-2050", the implementation of the medium-term target program "New Revival Policy" to solve the factors that limit development, ensuring multi-stakeholder participation in the development policy and plan of the Eastern region of Mongolia, the long-term development goals of the Eastern Province, In order to intensify the implementation of the policy document on the main direction of development of the Eastern Province, the "Eastern New Revival" investment conference will be held from September 23 to 25, 2023.
The conference aims to intensify the economic and social development of the easternmost region of Mongolia, expand public-private partnerships, support enterprises, organizations, individuals, and civil businesses, openly accept the right solutions for domestic and foreign investment, and work together, exchange ideas, and consult. is.
The conference was attended by representatives of government organizations, international organizations, government organizations of the Russian Federation and China, business owners, representatives of domestic investing enterprises of Mongolia, representatives of local authorities, business owners, local business owners and investors.
I think there's been enough talk (the Mongolians seem to be masters at it) - it's time for some ACTION!
Nice find master82 - maybe completion of our formalities could be announced at this conference and used as an example of the development opportunities to come
This conference is at local level . There can't be many foreign investors in Dorno province.
MB just needs to donate some money to so many rejects that are happening in dorno province. Like new roads
Master: “MB just needs to donate some money to so many rejects that are happening in dorno province”
I’m guessing rejects should be projects? But you just be absolutely kidding me. We’ve always tried to bribe the locals with new wells, sponsoring local sports teams and some waste clearing shenanigans. All for nothing. To say we should now be donating more? Unless I’ve misunderstood your post?
Doc. You call that helping locals by cleaning some rubbish. Give over.
So you rather mb waste millions on wages. 10mill up to now has been wasted in wages for sitting idle team.
Invest in local community and you won't have any opposition its simple as that . To make money you have to spend money. Think of it as a setup cost.
Bribery is when you pay individual but this is beneficial to everyone in the matad soum
Master, you have completely lost the plot. The waste clean up project would not have been free. And as I stated, there have been other charitable donations (bribes) given to the locals.
Bribe: “dishonestly persuade (someone) to act in one's favour by a gift of money or other inducement.”
How is donation for the whole community considered a bribe.
What do you think the locals want . Pizza .
1 day cleanup cost barely £1k . Check out what other companies are doing for local communities
you call this big donations
https://m.********************4424148577596107/permalink/8448605425150382/
"How is donation for the whole community considered a bribe."
Goodness, your wheels really have fallen off!
The local government were/are responsible for allowing MATD to extract oil. A local government that is elected/supported by...the locals! So of course they are "donating" to the whole local community, to get them on side. Do you think MATD were doing this purely out of the goodness of their hearts?! If so, why this particular area of Mongolia and not another? Because... this area is very important to MATD and we needed the locals to play ball!
Deary deary, such basics.
As for how much we've spent, I don't recall they've ever put a hard figure on it, but if anyone can confirm I'd be grateful. But it could be 1p or £1 million, the point is we have paid to try and get the locals on our side. Now I know what I call that.