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Investor, yes he mentioned that. it will be charged to his pocket, not to the Dorno state budget according to the court decision.
Trouble is that governor is a communist judging by his previous roles - he was never going to be sympathetic to greedy western capitalists trying to make money in Mongolia. Hopefully though he has now had his wings clipped.
LondonSuede - do you mean that it's this governor who will have to pay compensation ?
I sincerely hope that these tit for tat attacks stop and we are on for a period of calm and collective responsibility.
The oil price will shoot up and wether that causes the sp any more than usual volatility is debatable.
Gold and crypto will bounce no doubt
Yes that is very good sign, Master. And the governor said that the Magnai trade compensation request of 2.5 billion mnt will be charged to the individual who made the illegal decision. He will personally pay the charge out of his pocket. He must be afraid now to make such stupid decision again for sure. Fingers crossed and GLTAH
Activists Strom governors office. PC at the centre of attention, no mention of PM. Very good news for PM as the activists have gone silent regarding PM since they realised $200k was paid as compensation to herders.
I hope the next RNS wont contain the same old texts such as “the company continues to push hard”, “it is extremely frustrating” etc. If it does, really the next move should be:
For MB, to pursue the international arbitration, demanding compensation equal or above 90p for each shares.
For the UK ambassador, to pursue international sanctions for those individuals who have been holding this up for so many years. The sanctions should include, but not limited to, visa restrictions and seizure of offshore assets of those corrupt politicians.
They will only be shocked by these kind of bold measures otherwise everyday will be an April Fools day for the PM shareholders, forever.
Who knows Manx, the mentality in the middle east beggers belief, and the Israelis will require an acknowledgement of retaliation, never-ending possibilities.
Lets hope so Manx! 🙂
Ahh that illusive RNS.....there must be an update prior to the AGM
Notpleb, we will see what happens here.
Iran reporting this as NOT an attack from outside the country and an internal attack.
Is this the excuse they need not to take further actions and to descale? If so, this would all be shortlived and a lot of testosterone and froth. Let's hope so.
China and Russia will back Iran.Mongolia is surrounded by them. If this continues to escalate, there maybe repercussions internally in Mongolia. Either way potentially Hamm will happy as the oil price rises, look at the bigger picture, how much will Hamm be better off!
Researchandhold said //BP is like a stain on humanity//
//Lets see how people struggle to pick up shares on day/
There won't be a struggle - if there is a half decent rise in the SP there will be plenty of sellers.
// OIL UP AGAIN.//
It was at $90 a couple of days ago - now $88. How is that "up again"? (not that it matters a jot for PM)
RNS Would it be midday today or next week?
OIL UP AGAIN.
Header say ALL!
BUY or not!
Protestor (3 usual suspects) storm into local governor office and look like he very impatient with them & they leave upset / shouting.
Same ones (3 of them only) who go to Petro China Block 19 yesterday.
Look like all there focus on Petro China. As I say they stop with Petro Matad after 22nd March meeting at Mata Citizen Office where all comments about how 'land sold'!
Thinkmlot will get catch out with Operational Update which I expect to give Full Operating schedule.
Lets see how people struggle to pick up shares on day. All will soon understand.
🦉
Good Look is always useful towards Good Luck..
And after a good look here - over many years - I offer that there absolutely is always hope .. and so I'm absolutely hopeful here..
....but I'm far from expectant here..
Lol thorno, seriously have you been asleep? It's on every board, once good news or price sensitive news is about to land you get a herd of derampers spouting negatives, once news is out they disappear, then you have the one day special rampees pumping it up like they have been here for years lol, it's always the same merry go round my friend wake up,
Cybertron that's one of the biggest cliches in the hopelessly bullish nonsense posters playbook.
How could they possibly know what's coming or not.
You've a hunch this is going to come good soon, and I agree with you.
But the evidence is in the facts and narrative of the RNSs and what's been reported from Mongolia itself.
There's no need to make stuff up, it diminishes the argument.
Derampers only turn up when something big is about to happen, always the case on every single stock and everyone's getting wiser too,
Good sign and look at the number of posts today l, says it all normally under 30 posts a day but it's started to get busy here, posters and sideliners on the fence for the big RNS
Good luck all
There are too many derampers on this thread.IMO I think this share will move up before the eekend as there could be a rns on Monday a week before the agm which would lead to a more positive agm.We all know that we are only waiting for a signature and as each day passes we must be getting nearer.
Land use agreement will be signed just before AGM when buck goes to Mongolia, but now before this creeps up, or unless professional creeps up behind you first
Doc83, lol bad investment timing or just bad investing from you?
Refinery up and running 2027 🤔 GLA
General election in May followed by new government. New government sets up new leaders of each department, new ministers need time to settle in their role, drilling season over. 2025!
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
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