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Mr. Wos, so far i have been. a great fan of you. Interesting that you are quite protective of DQE and PC. i guess Maybe you are not in thailand but somewhere in Shanghai.
Master, your suspicion about PC sounds reasonable., Bingo, it seems like the idiot governer did get brown envelope approx. 5 years ago. It must be huge. He cant finish spending it in his rest of his life. Now i understand we are not under mercy of MG or the governorfook (and his two faced boss). guess who? thanks Master.
People: Now as before I don't believe that neither MB nor the BoD are blind to what is going on (unless they've received "brown envelopes" they couldn't resist accepting - which I don't believe).
Admittedly, I don't understand why the LP hasn't been signed/issued yet - simply doesn't make sense. As you know I have no other option than to remain patient - I hate that but that's the way it is.
ATB
Government has been dragging their feet to get a land access. They first said get exploration licence took a year.
They said get cabinet approval. Took another year.
They said pay this agency. No pay another agency. No wait pay yourself. Unbelievable..
After 2 /3 years of going to various agencies we are back to square 1.
It's like playing snakes and ladders. Just when you get to the end you are at the start again.
If the government were stopping matd the. Why would they approve everything and why is it at the last signatures for both landuse and special purpose ?
On top government is joint ventured with matd?
Dqe, nothing has been said about this, we don't know if anything else can be said until we get the go ahead so we would have to wait to see or ask these questions
I think people are thinking too much some are stressing and coming up with too many theories, it's as it is,
Also anyone else think the AGM was centered around the question that were submitted? Wonder if that's why questions needed submitting 2 days before, give the shareholders what they are asking for. Correct master why no mention either at the AGM or in the RNS? There was no mention of anything DQE or PC 🤔 Maybe that's just my suspicious side 😆 All will be revealed eventually. GLA
Jimi. It's just my opinion. Someone is holding PM back. it points fingers towards PC and the government. Governor is an excuse IMO .
Governor should not have that much power to hold a special project back. Like I said rail and pipeline project was dictated . A letter was sent to the governor demanding the land for special purpose.
If I can find it I will post it. Do you remember last year when I posted it and SP shot up. That is what PM needs a letter demanding the Land access for special purpose needs.
WOS, Wehther we have SL or not we are still at the same situation! Still waiting for another signature. It sounds unending.
How difficult is that MG understand that strong MATD is much better for Mongolia. If the governor is the same party as PM then that should not be difficult to be sorted. Why aren't there any willingness?
Master there are a couple of flaws with your analogy, 1, didn't PC give MATAD seismic readings to block XX being just over the fence? 2,And no contracts signed due to MATAD not having all necessary paperwork, why would DQE or anyone commit to something that needs finalising 1st and be stuck in limbo waiting on government officials to pull their bloody fingers out. mho, the governors holding out for his brown envelope, besides PC has enough of their own k r a p going on as everyone is aware. I can't quite put my finger on it but something definitely does not feel right. 5 year and still no production. GLA
wos. special purpose was given but it's not treated as special purpose. .
last year the district rejected pm is it because dqe was partnering up.
no mention of dqe in the agm or in the last rns.
pm should distance itself from pc to get locals on their side.
remember land was taken as special purpose for the pipeline by dictating . same should happen to block 20. they haven't done it.
the letter i posted last year when sp **** up was to do with the pipeline.
Mr Hamm - it isnt!
Listen to AGM presentation and Mr Buckexpkain this.
Will leave discussion now. Not difficult to understand situation WITHOUT conspiracy theories.
Have good evening 🦉
Wos, why it is all applied to petromatad?
Come to think about it MB should have stopped all the activities till to get Heron production 5 years ago.
Mb has been honest thinking MG are really supportive. They haven't!
Mr Master
They would not even bother to give State Special Certification if this was case.
It will come but do not believe in any conspiracy theory. Reality is more straightforward sir - it is called beauracracy!
🦉
Mr master i think we all know this is not just the governor holding us back all this time. Simple
What or who is we can guess.
I agree deal with DQE not a done deal
Lets see
Mr Wos..
You promissed us THE rns before AGM...everything done...
Again did not happen. Opposite. Nothing done...
And now you keep rinse and repeating as it fits our trading. I like it. Keep up the good work. I will focus on GCM and be quiet here tomorrow. Good luck
Just think about it. PM has been send from pillar to post. The government has an agenda. Are the Chinese paying someone to hold this projects back.
Don't forget Mongols should be embarrassed and ashamed not us.
MB should name and shame them.
MB has been very polite and patient but should give them a deadline.
Do not know but like I say do think Local Sum Approval BEFORE election & SSC will be AFTER election!
DQE approach Petro Matad for partnership and not other way around. We know all negotiation done and only need final signature which I think come on LP Agreement signing - why not mention it? Because DQE sister company of Petro China do will not help at this sensitive time.
In meantime Petro Matad carry on arrangements with Contractors for start of 2024 operations. 💰
WOS, Please tell me when do you think enough is enough?
What if we dont get LA signed by December? Would you agree with legal action? Or not should we wait another year? How many years should we wait?
Don't forget 5 years we have been waiting. It is absolutely unbelievable and a big joke!
Or maybe end of Week?
🦉
I wonder when enough is enough?
Soon end of may then end of March.
What next?
September?
Next year would be the same.
A deadline and then further action. This should be done while a bit of fund left in the kitty.
This is how I see it. IMO PC has most likely got something to with this delay.
We were given a go ahead in 2019 when half way the drill was stopped.
block 20 PSC was coming to an end . Luckily we found oil. If no oil was found block 20 would've been PCs.
Remember MB saying PC didn't develop near block 20 because PC didn't want PM to find out.
PC still hasn't signed nor has DQE signed any paperwork.
Locals do not want PC at all. Read some of the comments on Facebook.
IMO DQE deal is off and PM is most likely going on it's own. That's probably the reason why PM has had district approval.
Just my Options
This is absolutely a game by MG.
Ojay
You wish people death. Real sad you are allowed too.
The government is the real problem IMO. They are most likely controlling the governors decisions. He supports the prime minister. He is from the same party.
They sent letters out last year when they wanted the land for railway and pipeline in Dorno province. Dictating the governor regarding the land use for special needs. Why can't they do the same for PM.
MB should start looking in to legal process and inform the Mongolian government of PMs intentions if land issue is not resolved