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24 Topics ;)
Easy for Special Certification signing to be included specially because Project of National Importance & be pushed as "URGENT"
Happy to hold & very risky to not I think. Also with Buy signal preparation :)
Didn't see us in the topics
Thank you mr Dozzababa for putting link first. I did not see this before i find I formation but dud expect Cabinet meeting anyway :)
Also BUY signal look good to get trigger now & price rise will be STRONGER because many low price entry now replace by higher entry.
Share price pattern almost EXACT copy if last breakout & Q2 HEAVY HEAVY NEWS.
Happy to hold MATD before breakout which expect any time :)
Cabinet meeting confirm for TODAY with 24 issue discussed including main ones Draft law on budget projections. This lead very well into wider issue of foreign investment & oil revenue from PSCs.
Like we know route for Heron development now through SPECIAL CERTIFICATION which only need Cabinet signature.
April 3 RNS say all documentation have been prepared and already sent to all relevant Ministries. Now ONLY Cabinet signature & Petro Matad can start 2 week we'll workover & oil revenue
The decisions of the cabinet meeting should be announced at 2pm Mongolia time. That's 7am UK time. As mentioned hope we were included in the 24 issues discussed. Will have to check if there is an official announcement on news outlets
Issues caused by and attributed to Petro China by the sounds of that article.
Hopefully Matad will be given a fresh chance and not treated as though they are to blame as well.
So people can understand why there has been local issues with the granting of the land permit. It's not surprising there have been issues. Hopefully soon to be sorted
http://dornodmedia.mn/post/303-har-altny-har-balag-2-buyuu-ashig-sonirhlyn-zrchil.html
Let's hope we are included in the 24:topics to be discussed at today's cabinet meeting
https://montsame.mn/mn/read/317650
//I'm wondering if 'Iamrich' is short for I am Richard?//
Yes - he said that is so a long time ago. (when I used to read his posts, before he went nuts)
these big trades look like buys
Question is why? But someone has been selling big for days… Forward selling? Just a thought
From December: “Petro Matad together with its subcontractor DQE, funded the restoration of the Matad Soum landfill project.”
Let’s hope this giant sized Jiffy bag of a bribe gets it over the line.
Hamm: “I am not sure if I should blame MB…”
You really are a silly fool. You spent most of 2022 ****ging MB off and then say this.
“Simple solution is to offer locals good deal and we will not have any issues”
Did we not already build them a new well and clean up some rubbish for them?
I thought at the time it was probably a waste of money, but let’s see if the bribe means the local government signs us off, or if it really was a waste of money and it has to be signed off by central government.
It doesn't make sense that you have exploration and explotation from government and still need local permit which has been holding MATD for 4 years! I am not sure if I should blame MB since any decision would be a collective of BoDs ones who are mostly native/ Mongolian.
The DOTS are starting to connect. ;+))
I reckon we'll get an operational update detailing everything and also think that PM should keep us better informed on each step of the way just to keep the momentum going because I do believe this will go ballistic if the certificate is awarded as well as V1 spud date and all other news in the pipe line (pun unintended) so I hope its a hit but have to wait and see. GLA
I'm wondering if 'Iamrich' is short for I am Richard? If yes, nicetomichu Richard !
(Surreal if 'Iamrich' username refers to wealth.. who on earth would do that.... and if one was genuinely rich then even a big bet here should not see them seemingly sweat profusely all through the swings, roundabouts, peaks and troughs that is AIM O&G betting.. so Richard it is, surely !?)
Jimi that's what started it again but initially the problem.was MB didn't get permission from the local government.
It was simple as that and then the governor stopped the drill which then was allowed to be completed by the officials above.
Later PM took it to court but the case was thrown out.
SO MB messed it all up by going in to drilling without local permission.
Plus Locals are not very friendly towards mining companies because they don't benefit.
Simple solution is to offer locals good deal and we will not have any issues
Noticed the same yesterday.
Could this have been the start of PMs troubles? There's been a lot of meetings over the years. We must be close now for a reply.
https://jaran.mn/i/2469 GLA
Look I know this report is a few years old but it does show how long these kind of disputes can take, makes me wonder what sort of compensation they are asking of PM, at least I can be sure the MG will get there taxes from PM, I wonder if this report and the eco protests could be related? https://jaran.mn/i/2635
It's about time we heard something the V1 spud June is not that far away now. Carn't say it enough, I really hope it's a successful outcome. GLA ;+))
I'm with sirbob on this one. My reading on this enabled me then entry point on quick dip below this but still in here and built up and building on the journey as appropriate. The noise is sometimes deafening and somewhat urksome but the story is very promising, surething the road ahead won't be straight forward as some think and patience needed.
Delayed trade from 8.42 (when SP was 5.25p). This trade was at 5.55p.
By 10.37am SP had risen to 5.65p from 5.25p.
My guess - it’s a buy
Surf1 you still out? Should get back in dangerous to trade this right now