Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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The local assignment of Mongolian Prime Minister L. Oyun-Erden continues in Dornogovi province.

The Prime Minister reviewed the construction of the Oil Refinery and the "Golden Table" industrial technology park.
The Government of Mongolia started implementing the oil refinery construction project in 2017 with the financing of the Export-Import Bank of BNR.
The Oil Refinery project being built in Altanshiree sum of Dornogovi province has four stages. Its "EPC-1" or infrastructure preparatory package will begin in January 2021, and within this framework, construction works such as nine civil buildings, raw water storage tanks, water pipelines, and industrial road canalization are underway. Work completion is 92.4 percent.

Also, work on non-technological facilities such as offices, laboratories, and fire stations continues. As part of the infrastructure work outside the factory, the construction of 27 km of railway, 17.5 km of heavy-duty road, and 110 kV overhead power line was completed and handed over in 2019. Works on the 1st, 2nd and 3rd batches of the oil refinery are in progress and the work on the 4th batch is ready to start. The Ministry of Finance of Mongolia renewed the loan agreement with the Exim Bank of the Republic of India, which made it possible for the construction of the factory to proceed smoothly. Loan repayment has been extended until 2030. While working at the factory, the Prime Minister expressed that the government will support the development in all aspects and said that the government will decide to start the work on the 4th batch of the factory.
With the commissioning of the oil refinery, our country will be able to produce 1.3 million tons of products from 1.5 million tons of crude oil per year, providing about 55 percent of domestic oil consumption.
[English below]
Ерөнхий сайд Л.Оюун-Эрдэнэ: Газрын тос боловсруулах үйлдвэрийн бүтээн байгуулалтыг Засгийн газар бүхий л талаар дэмжиж ажиллана
***
Prime Minister L. Oyun-Erdene expresses the government's full commitment to support the oil refinery project in every possible manner.
Bayanbogd khairkhan of Ulaanbadrah district of Dornogovi province will be taken for special needs of the state
I ignore all talk of blame this blane that. Just keep my FOCUS ON INVESTMENT.
- HERON with production schedule this year (do not believe then do not hold if you like)
- TOSON UUL extension 3 BILLION est.
- MULTIPLE RENEWABLE contracts
- NEW BLOCK
- DQE Partnership
- CASH until (at least) July 2024
- FULL SUPPORT Central Govt, MMHI, MPRAM & Land Agency
Some people say why you post same info again. Because this info is MOST IMPORTANT focus for serious investor and not what mr Mike Buck do in spare time, blaming him for action 4 year back or other useless focus.
We look at investment case NOW and potential upside ROI.
Investment case look EXCELLENT imo on points listed & potential ROI is multiple of multiple.
If you want to cry sell. If you want to wait / increase holding for FORMALITIES to be complete then do this.
Be happy & professional (not cry baby) 🦉💰💰💰
I'm very loathe to blame MB - it must be difficult managing a Mongolian Operation from Singapore!
Mr Landicaamans if someone grab your private part even if it is only 1cm it can be unlawful. I only use example to make this very simple fir yiu to understand.
If you say pad is only 150m so what. Still need paperwork and like RNS / interview say will be "watertight". Also like they say "formalities" so will look at this and not anonymous poster who just say it is only his big let us jump on it because of size.
Be happy & sensible 🦉😊
You cannot blame the locals at all. MB has got us in to this mess from day 1 and has been stubborn by not negotiating with locals and apologising for Drilling illegally.
No one else is to blame but MB
No. We have a useless CEO who has got us in to a very messy situation.
THE ONLY MAN RESPONSIBLE FOR THIS IS Mike Buck.
Are drilling results late? Have been keeping an eye on this; only a small share holder these days (bottom draw)
Think historically neg news comes PM RNS with Mike. Fingers crossed, on good news that is.
I believe he's into hiking - big walker, or summat.
No. I haven't to be fair. However don't you think that anything (and I mean anything at all) that is done prior to consultation, agreement and movement/resettlement, will be pounced on and reported as 'unlawful activity' by the trouble makers? Why take the risk now!
I may not be necessary, but it may be more sensitive and respectful and shows that the company is willing to work collaboratively and fairly. The locals seem upset enough already.
Is it REALLY necessary for the Yakers to move out lock stack & barrel before Heron workover can begin? Surely it's a very localised operation with little effect on the surroundings. Looking at earlier pictures of the location there's nothing there in the way of habitation.
Avo and Bigbench. If the local council sent you a notice stating that central government had ordered the compulsory purchase of your home and that you had to move, you would just pack your bag and move out the next day then?
Let's be realistic. It takes time to process the movements of people and herds. According to Mike Buck, they were all on an extended holiday period until the end of July. I've pencilled in early October (i.e. two months for the consultation and movement procedure) as a reasonable time frame for resolution, but I'm prepared for it to take longer.
I share you're frustration Avo... i thought the UK had more bureaucratic nonsense... but they are dragging this out and taking the pee.
Its not giving the right image for the much needed future investment Mongolia desperately needs.
what a sh-t hole country mongolia is there all as thick as yak shi-t they need a good kick up the **** its only a bit of bast--d paper you have been told to sign it what don't you understand i will give it another week the im out what is mb doing beside collecting his salary from us
//Youll just attract nutters//
Aye - there are enough home grown nutters without importing more.
Aye, give it a rest and dont be posting on other boards.
Youll just attract nutters
Mr D1nger, Ostraliamate and other estimate including my target in triple digit SP as Petro Matad develop into major Energy Company in Mongolia.
Watch if you like & do not BUY 😏🚀
"1000% Upside was Mr Doc estimate of potential but other like Mr D1nger, mr Ostraliamate and other give calculation for this.
Believe or not but price estimate not just random. Maybe better to actually look at investment then give wise saying which maybe is not do wise lol
- Heron full field development at low cost / offtake with DQE partnetship
- 3 BILLION est (2 Billion Proven & in place in PC side) Toson Uul extension which develop parallel to Heron
- New Block next to existing asset
- Renewable with "multiple near term projects" in biggest globall sector potential for this
Price target not so random and development which UNLOCK all this is Certificate signing by local govt (Meeting TODAY) which RNS say is "formalities" and which they have to do by Central Govt order.
Thank you for wise saying. BUY or not up to you 🚀
So why go over to another board WOS, with one single post ramping MATD?!
With the exception of Ojay, we can all see right through you now!
Beware of people who give you stock tips with random price targets. They are likely pump-and-dumpers who are trying to offload their shares at a higher price. Newbies often fall for this scam and end up losing money.
"1000% UPSIDE" someone say here Mr Doc😏
Other look at x30-70 bagger
Believe what you want. BUY or NOT
What I mention about development is REAL!
Do OWN research and can see for yourself.
Dornod local govt meeting today and all know they have been ORDERED by Cabinet to sign paperwork with FULL backing of Central Govt agencies (Ministry of Mining, MRPAM regulator, Land Use agency & Cabinet) and with "FORMALITIES" only now like RNS say.
BUY or not but all sensible one know RE-RATE will be MASSIVE and Multiple on multiple current price.
Explorer to Producer to Major Multi Factor Energy Company 💰💰💰💰💰
Good luck to try to BUY share it even build up any type holding level when this happen!!