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Commercial.Mongolia@fco.gov.uk
Consular.Mongolia@fco.gov.uk
I personally would not email anyone, let the company do the work through the CORRECT channels as they clearly have been as evidenced by the response shared from the embassy.
The Mongolian government doesn't care that you have shares in a AIM company they just want to consult their people amd find a fair amd reasonable way to share the wealth that will be generated by exploiting the oil in our project and beyond.
They are changing their policies and processes to adapt to a more stable and investment friendly framework as disclosed.
Personally I don't think poking the bear is wise or required.
DYOR.
Cheers
Mongolia is known for corruption. Its poor and majority of poor countries are corrupt.
Perfectly suited for MB who can just make excuses
Nobody askes anyone to sell or buy! But if you are a shareholder please kindly email, tweet etc to support the company MATD. That would help enormously MATD/MB regardless of their efforts.
Thanks again
Says it all really.
Mike and the board haven't been sitting in the pool having a beer.
Thank you for your message. I am aware of the issues PetroMatad have had in Mongolia and have been in regular contact with PetroMatad senior management throughout my time here. I have raised concerns a number of times with the Mongolian authorities, including recently, regarding the various problems PetroMatad have faced and the impact this has had on their ability to move ahead with their project. We will continue to support PetroMatad where we can.
Don't be fooled into selling your shares cheap to wolves in sheep's clothing. News coming
Sorry put F.A.O Philip Malone
This is the main email address for the British Embassy
Enquiries.Mongolia@fcdo.gov.uk
As The-Lockie said below , I too would like any contact details and emails anyone can kindly share as I think we all need to hit everyone hard on this issue
I don't have much time to search emails, contact details etc etc but if someone already has this info, happy to share it, then i'm happy to bash out a few emails expressing my concerns etc etc. Thanks
Please be supportive and have an active attitude by emailing, tweeting etc.
Don't be bystanders!
Thanks Dozzawba and Hamm,
I am also preparing to send 3 letters to: the British Embassy, Mongolian Government and Parliament, and to the Mongolian British Chamber of Commerce.
I hope that many other investors should do the same, and not sit or wait like sheep until to be shorned.
Is it just me or is not this slightly encouraging. They, the mongolian government, recognise they have a problem that is partly if not largely of their own making, I think, in time they will get this resoloved because it is not just us but the whole of their econcomy going forward. Fingers crossed.
Dear Philip Malone,
I have invested in MATD for nearly 10 years. After years of explorations and spending millions of pounds finally MATD found oil nearly 3 years ago. However since then MATD has been waiting to get local permit and still waiting!
I am very concerned about my investment and there are lots of British investors who they have the same concerns. Please could you investigate to see if you may facilitate the process.
Regards,
Twitter link to the Mongolian MP if anybody interested
https://twitter.com/Enkhbayar_bat/status/1589619913085583360?t=bXFKjnDwxnCKcvE17neLCQ&s=19
Another post from the same MP. Looks as though there are a lot of discussions going on in parliament ref land issues at the moment.
The researchers came to the conclusion that the distortion was caused by the Land Law, which puts the land into circulation with the content of a legally incorrect right called the RIGHT TO OWNER. Because of this, our citizens mistakenly thought that they had the "right to own" and became the owners of the land, and a hidden economy was created.
Thanks Doz, hope other shareholders follow you.
Also interesting reading from a twitter post from a Mongolian MP - google translation below - not sure what the land package bill is
At the meeting of the MPP group in the Parliament (2022.11.07), it was approved whether to discuss the Land Package Bill submitted by the government to the Parliament. At the Parliament, a working group was formed with a large number of members, and it was thoroughly discussed from many angles.
Dozz, thanks for posting. ATB
Manro, just received a reply off the British Ambassador - as follows :
Thank you for your message. I am aware of the issues PetroMatad have had in Mongolia and have been in regular contact with PetroMatad senior management throughout my time here. I have raised concerns a number of times with the Mongolian authorities, including recently, regarding the various problems PetroMatad have faced and the impact this has had on their ability to move ahead with their project. We will continue to support PetroMatad where we can.
Bowley, let's hope they don't issue billions of shares like confetti (ukog) to keep the lights on, should be enough for now to keep them going till next spring but what is the grand plan? Only a few more weeks and we should get some sort of Comms or at least a share award RNS with hopefully some sort of explanation because this is starting to feel to uncomfortable even for me. GLA
Hamm.
I believe due to the new bottom in share price Petro Matad should call an emergency AGM and through a media based web platform take live questions from shareholders.
The Petro Matad board should be in full attendance.
Any questions the board cannot answer directly on the day they must revert with answers within 48 hours.
What better way to demonstrate a commitment to shareholders, ESG and transparency,
Bowley, you know Mongolian language, culture and people and probably politics and business, please tell us what is your take of all this?
Oh bugger.
We are a 1p stock !!
Ojay still got those rose specs on I see
Finger out of where the sun don't shine more like. A disgrace .shambolic CEO