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Why would they give out 132 Tonnes of Fuel? I believe signature is done but does NOT need to be RNS because AGREEMENT already RNSd.
Others can disagree.
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Wos unable to find it ? ;)
But lets just wait for MB. What happens normally when hé speaks? ;)
Cyber, again I ask: if it's all been approved, why do we need to wait for the signature to start producing oil?
"Now we see he also doesnot read"
Maybe you can read it out for us sir?
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Just for fun...guessing fundraise price...i go for 2.5
Jimithebrish keep on spinning negatives up to you, simple RNS in English if you can't read and understand maybe go to some one and ask then to read it and explain it to you,
All approved for operations as it says, land use agreement to sign, yes USE to sign, what may this entail?? Well could be stuff like don't do this or don't do that and abide by the law of the land and not for other use like building your own ship or home on it , yes simple contract on rules to obide by
If that's too hard for you to understand then god help people like you with money invested in aim you just going to lose and let me guess you too have been in here for years lol says alot
Mr Wos admitted to never speak to management or analist.
Now we see he also doesnot read annual report ;) wow.
And Wos...6 mln only on XX not V simple..
Try to read
Thanks for your reply WOS.
My interpretation is that Petro Matad is HOPEFUL that the Provincial authorities, who are holding up the Special Purpose Certification of the Exploitation Area (what you call plan B) , will not disrupt in any way the District's approval process, (what you call plan A) BUT WE REMAIN VIGILANT (i.e. they have an expectation of an attempt to disrupt "plan As" approval process).
This is why Plan A cannot be interpretation as a done deal (until/unless confirmed).
Last year there was an Operational Update the day before the AGM - could that be repeated this year ?
I personally think there will be a fundraise or loan agreement on oil assets. If it is another placing will it be at 4.5p a share or 20p a share. If there is no news before agm I will be selling half my shares to cover any placing news. Its up to everyone to make their own minds up and not listen to the tosh on here. Gla real investors.
Mr Wos try and do "research ".. read annual report
Mr Professional - post FULL text please. Does it mention Block V?
If it does you 'conveniently forget this!!
Let me see "under the terms of their PSCs on Blocks V and XX with MRPAM"
Lol, very clear but you FORGET to mention Block V - WHY?
Same as your claim of having IP adfrese s I think!!
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No problem Mr Aeschylus -
Plan A - Local approval has cleared company for Block XX Operations
Plan B - Special Certification is held up by local governor.
We understand local governor is against Petro Matad but legal situation support Petro Matad thru Land Law which favour local Mata council.
This does not change position of local governor to Petro Matad and vompsnybis aware of this. What can he do? Nothing we know of but does not mean company is not "vigilant" to his opposition.
Remember there is also law to prosecute individual who obstruct Govt order and local governor have now been officially reported to Central Govt.
This is my understanding - of course decision to invest or not up to individual.
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Looks to me as if the Board Parasites been mainlining as much sugar as hamm🙄. Still if this slips a bit further, I may break my allocation rule and do another top up. Let’s see if there’s a raise first though🤔
Wos... annual report... simple... read ....
Also define amounts for Production Sharing Contract fees and Exploration Work Obligations?
Thank you 🦉
WOS. Could you please specifically comment on this comment (below) from the RNS and what your understand MB is trying to say to us?
M B said
WE ARE HOPEFUL that the Provincial authorities, who are holding up the Special Purpose Certification of the Exploitation Area, will not disrupt in any way the District's approval process, BUT WE REMAIN VIGILANT.
Does this apply to Block V?
Can you put full text & link - thank you!
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In addition, as outlined in Note 18(b) the Group is required to meet minimum exploration commitments on its Block XX Production Sharing Contract (PSC) of approximately $6.0 million.
This could also put some pressure to raise i n time next to the fact dilution will be bigger if market really is going to price this scenario in. All imho dyor
Fundraise?Today 14:01
Are we going to get a fundraise? Some facts
Cash balance june 2023: 8.4 mln
Yearly spending without renewables: 3 mln
Lets be generous: 6 mln left.
Same as end 2022 when we got a raise not much after.
Add in they have said they also need funding for renewables......
Lets see what they say at AGM
Mr Wos always VERY optimistic... logical if you are sneaky trader... then you do not care everything you say has been wrong .
But i should thank you again as i see your signs. Made me loads of money in gcm. Thanks!
Mr Professional - Lying has become habit fir you. Start with IP address claims & carry on!
I am VERY positive about Operational RNS coming up!
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Has MB really hit the wall that often?
If so, then it is clear why he lost his mind and raved about the constant and great support to the PM from the Mongolian government. I wonder if he is being treated? I hope so, since he has recently stopped talking about such support.
And just to add... good to see you agree with the numbers...bye bye
Mr Wos good to hear you think next update will not be positive for sp. Otherwise they need to RNS: simple.
Difficult getting timing correct without inside info from UK Ambassador or lieing about it? ;) be happy sir