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Can I just say thank you to master82 for all his research. Much appreciated. Thanks
Agree master.
Petrochina had it too easy for too long. Govt now putting pressure on Petrochina to clean up their act and bring everything upto date.
Both PetroMatad and Petrochina should be working together and play an important role in taking Mongolian economy forward on multiple fronts through JV partnerships etc. Starting with Multi-well DQE deal and developing both Block 20 and Block 5.
They can also work together on new Licences being bid for. Some of them in the south close to Inner Mongolia multi-billion barrel Oil fields.
Should be win / win for all parties including Govt
PetroChina Petrochina Dachin Tamsag LLC's 2023 Vehicle Maintenance Tender Announcement Tender Number : 2023 - GKZB - MG - FW - CLWX Project Overview and Tender Scope : 1.1 The scope of this tender is Petrochina Dachin Tamsag LLC's 2023 Transportation It will be a tool maintenance project. The highest price offer for Toson-Uul 19th plot does not exceed 395,000 US dollars, and the highest price offer for Tamsag 21st plot does not exceed 245,000 US dollars. The upper limit of the tender price is the price of all the funds required to execute the project (including all types of taxes). COHTOHO is the company that won only one bid in each field.
Wise old owl...........you've only been here 5 mins.....some of us have been here for years. Please don't tell us to be patient !!!
Im sure they are talking about bring the subject to an end. Because its been going on for ages and they want better deal for Mongolia.
Just now pc has put a tender out for block 19 and 21.
Okay no probs Master, was wondering if there was more info ref the cancellation of the Petro China "account "
Sorry Dozzawba. I don't know how to translate video.
I can translate the subtitles.
Master82, are you able to translate this video ref Petro China https://fb.watch/jpgaLV_rSY/
Wealth from impatient to patient ;)
Reminds me of the ents having a meeting in lords of the rings
Has anyone seen metropolis the film and the part where they are in the bank with the sloth behind the counter this is what the Mongolians are like sooooooo slooooooooow LOL
Master82
Thanks for reposting. I missed it yesterday completely. Very busy with work commitments.
Excellent stuff. All looking very good.
Current price is a steal. Plus we have had very good consolidation. Price ready to move Up as we get ever closer to news on Multiple fronts.
Not up to anyone to make you excited Mr Curiouser and maybe you have talk with wife & not complain on BB about this ;)
Maybe header will make you dance with no clothes on with happiness lol
RNS Velocirapror spud date ANY day now
RNS New Licence ANY day now
LP ANY day now & with all reason we give.
You have choice to sell sir or filter poster if you say you hold but do not like happiness of other
Be happy & look forward to all RNSs :)
Hmmmm. More chats than trades at the Mo. Hardly a game changer. Lets see.
Those of us who have been around for more than 5 minutes (unlike twit ta woo) will recall that all stakeholders sat down last year to thrash out all the concerns. And yet here we still are...
I have faith that MATD will come good at some point, but have grown very weary of the extended excuses, delays and false dawns, so can't get excited about the report of yet another meeting or a tweet, heavily dependent on single words, poorly translated from Mongolian via google.
Do not worry mr Bad Prophet. I think one who hold MATD stock feel good all pieces come together for LP AND seoerately have all RNSs for Velocirapror & new licence.
Happy for this but one who does not hold is complaining most lol ;)
More chit-chat. It beggars belief. Do the Mongolians really want to move from there yak herding, yurt dwelling past into the 21st century or not. If it's a NO let them get on with it on their own.
GEOLOGISTS OF MONGOLIA WILL MEET AT THE STATE HOUSE ON FRIDAY, 24TH OF THIS MONTH.
At a time when the regulatory reform of the mineral resources sector is underway, a conference attended by about 500 representatives of enterprises operating in the geological sector, non-governmental organizations and local communities was initiated by the United Council of Geological Associations of Mongolia, the Ministry of Mining and Heavy Industry, the National Geological Service, It will be held on the 24th of this month, Friday, in the Great Hall of the State House with the support of the Ministry of Minerals and Oil, other governmental and non-governmental organizations and enterprises. On this day, Mongolian geologists will openly discuss the problems facing the industry, solutions, legal reforms and make RECOMMENDATIONS.
European - Mongolian Joint Chamber of Commerce
Just few minutes ago posted on Ikon News Twitter
Executive Director of the Europen-Joint Chamber of Commerce & Industry B Zandang
"It is necessary to create an environment for exploration companies to come to Mongolia. It is important to let the investors who are coming in without offending them."
Like clever ones say all pieces fitting together and when Mining Minister, CEO & British Ambassador say LP coming then better to believe them then sneaky poster on LSE BB lol
Happy :)
I'm pretty sure "investors" in this context means "stakeholders" i.e all those have a vested interest
Re posting. Watch from 6.50.
Just shows how big PC facilities are only 10 -15km away from block 20
https://fb.watch/jp5SyNNtmo/
Very positive Mr Master and thank you for update.
Look like case against Petro China also close now so good support for all company & foreign investor from Govt.
Good sign & will also be support message for all foreign company and not just Petro Matad & Petro China so happy :)
Meeting took place with prime minister and mpram ministers team yesterday.
Very good news for PM as they support investors.
"Secondly, when a dispute arises in any way, they are more focused on the issue of whether our legal institutions can resolve the dispute fairly and make a decision that meets the interests of investors."
Reposting for people who missed it yesterday.
D. Amarbayasgalan, the head of the State Government, informed about the issues planned by the government in the near future.
He said, "We have two or three major demands for the investors.
First, is the Government of Mongolia honest in its agreements with any investors on behalf of Mongolia or not?
Secondly, when a dispute arises in any way, they are more focused on the issue of whether our legal institutions can resolve the dispute fairly and make a decision that meets the interests of investors.
Thirdly, as our country has two big neighbors and is a landlocked country, investors are very interested in whether geopolitical relations with the two neighbors will be stable.
Due to this, it is very difficult to change the previous agreement. However, in the case of Petrochayna-Dachin Tamsag, the working group at the Ministry of Internal Affairs and Communications made a preliminary conclusion that "certain types of tax payment clauses that should be included in the contract have been left out."
Today, for example, I received a letter from the Chinese Embassy in my name. "For the above reasons, the working group of the Ministry of Internal Affairs and Communications has decided to close the account of Petro Chayna-Dachin Tamsag."