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Yes, Hamm I agree with you completely.
If it were not for the humble patience combined with the false promises of the MB, but for its decisive opposition to the arbitrariness of the local authorities at a time when, with the help of the police, they stopped drilling, then the PM could have long ago become an oil producer and earned colossal money. So stop talking about patience. Strong people and true leaders - CEOs achieve their goals not through patience, but through decisive actions!!!
I agree none of us may change the decision made by MB or MG. But I feel I am entitled to Express my views if I may?
Please tell me what do you think is the reasons that the governor has refused to sign the LA?
What frame time would you think it would be to get the LA? What would be the time you may feel/believe that we might miss H permit this year?
TIA
Hamm come on please, if you think enough is enough then sell up man u won't change a government with pushing Mike buck lol, but I seem to change your views depending when you buy or sell here,
Anyways landuse Wil sort things out temporarily for us and special permit will be sorted later on with central government will have it sorted as they have over all power, they will allow objections from lower staff as long as it has reasons and once that runs out they deal straight up
In fact election is the best timing to make noise.
I wonder when you guys say enough is enough.
What would you say if it is next year and still waiting for the last signature/permit?
Should we say again we should still be patient?
It is really time for action. What MB said is just pushing MG!
They have already done that. It hasn't worked. It will more likely wouldn't work in the future either.
With all respect we have been too patient.
5 years waiting and each year for different excuses.
All we have heard support from every where, however we still need one more signature.
Now election is the reason! Not a good excuse. One more year we will be bust.
Being quiet is the worst strategy. I can't understand that a government sell license that is useless!
That is simply cheating. MB should start making noise. It has all been talk talk.
Hamm. The delays have been explained in full. We all know (or should know) that Mongolia is a relatively fledgling democracy with both dysfunctional legal and bureaucratic systems, plus a history of corruption.
Much of this is now being addressed, with forward joined up policies and legislation to facilitate international business growth opportunities, but right now Mongolia is in the midst of an election, which naturally politicians will be focussed on. So right now is not the time for PM to upset anyone, (central government, local government, locals, activists etc) by flexing muscle and gobb!ng off.
Our long story will soon start a new chapter headed "Production" . The soum is in agreement. Central government is in agreement. MRPAM, the land agency and the ministry of finance are all in support and all are actively looking at a workaround the district governor.
We just have to be patient a little while longer.
MATD/MB should give the MG a deadline and if not met then further action to be taken.
Or we have to wait at the mercy of MG. Guys, don't forget we have in the same situation for the last 5 years and each time for different reasons. There is different excuses each time. This will continue unless brave decision is taken by MB.
Stick and carrot may work.
1. Is the present governor from the same party as Prime minister?
If yes, then PM coukd have easily asked him to sign the land access! Why hasn't he done that?
If the governor is from different party as PM then why should he sign the land use before the election?
2. What is the governor reason for not signing the land access in any case?
To be honest, I don't see any willingness/urgency amongst MG!
Ask yourself: would MG overrule the governor decision regarding land access not granted if the refinery were ready? Or would they wait for the governor future decision?
Poole122 ; the main thing about ' Professional ' is that he went on and on about shorting at 4.5p, but then held out when it reached 4.4p instead of pressing the trigger. Any decent trader would have thought that there is no difference between 4.4p and 4.5p and would know that the price doesn't always exactly bounce off the previous resistance - 4.4p was close enough to the deeply entrenched resistance of 4.5p to not matter. Yet he didn't short, and missed the 40% fall to 2.5p on the open straight after the release.
A decent short trader would have been in like a shot when it got to 4.4p.
Mr Greenbacks - will try to give Info & source link on this.
"Mongolia is divided into 21 Aimags....Elections are held every 4 years in all 21 provinces and the capital.
After each election, the newly elected Municipal councils RECOMMEND a governor.
However, the Prime Minister has the power to CHOOSE Provincial governors. Unlike federal republics like Germany and the US, local governments in Mongolia hold LIMITED authority and are generally tasked with implementing the Central Government policies"
Source: en.wikipedia.org/wiki/Politics_of_Mongolia
Also last General Election ruling party MPP (Mongolian Peoples Party which is different from Mongolian Peoples Revolutionary Party) took 44.9% of votes against next position DP who take 24.4%.
This is what Mr Buck means by "large majority" even though Petro Matad "apolitical" and expect no change in Govt or support if there is change.
*Dornod - MPP have 26 seat v DP 8 seats (Central Govt ruling party have more then X3 support in Dornod).
Maybe this help everyone understand situation and link in with post yesterday 09:39 why I think local Mata Sum will sign Agreement BEFORE Election for Plan A - After Election Central Govt will just order local governor imo.
🦉
Thx Hamm for the article" , however i don't see anything in the article regarding how the Governor will be either "replaced by some one else" by the Prime Minister"? , "Outed by a majority of "Votes" by the legislature"? , this is what i am trying to tie down"? .... I thank allot of us would like to know as well"..... "How and what is going to be expected"? .
appreciate anyone who can clarify this issue"? thx
Your desperate need for 'mates' professional tells me one thing - in the real world you are also friendless.
Everytime they issue or grant something it seems it takes about 3 months in Mongolia, so here's guessing the landuse agreement will be done by end of may,
Ok Poole. Keep the blinkers on.
My bankaccount tells my was right ;)
See you Tuesday . 2 days away with my other mates..
And Dozz i will not share matd chats with them wink wink
U were predicting drastic price drops, back down to 2.5p, and then it went up to 4p+
You havent made 1 correct prediction, and you havent provided one but of useful information to this board.
Although i dont always agree with WOS, atleast he has provided very useful info on a number of occasions, unlike you.
And it has nothing to do with different opinions. You are the first person to shoot down anyone and everyone who has a slightly positive opinion.
Thanks mr prophetus
I appreciate you wish me well. Bud
Professional, so prediictable, and showing yourself to be quite deluded.....you are the one who is off by years, not days. Incredible that you still show either of your two faces here. No-one is going to get any facts from you. As to your wishes of good luck, my wishes for you are that you get what your deserve.
Always the same....sigh.. raise correct has not happend yet. And if it never happens then i was indeed wrong but for now i am only off by few days....wos off by years with his predictions.
Ip adresses etc never said i would share it here. I have shared info with the appropriate agencies. If they do anything SOON lets see
Sp prediction;: never reached 4.5 as otherwise i would have shorted and as you probably know it is at 3 now so i think that is a plus for me compared to the Wos story...momentum in december...4 p we will never see again...need to buy niw....multibagger etc etc....
But as said before....most on here not interested to here facts... keep the Dreams alive.... but keep countering BS for the silent readers here and for my mate prophetus whom i wish good luck
I dont think ive seen unprofessional make a correct prediction once on this board. Said there would be a raise, but there hasnt, said he had peoples ip address' and would release on the board, but he hasnt, predicted a couple of months ago the price was about to drop, then rose to 4.5p.
Atleast WOS provides useful information, even if he posts way to much.
Well at least he (wos) is getting expectations up and remaining up beat and positive with intel and research applied i might add . Thats better than the one or two sad and grumpy individuals who keep on an on without providing material facts
Thanks WOS for clarification.
Hope to see the red dot soon.
Rinse and repeat mr wos.
Get expectations up...
Followed by more disappointment.
Good for trading. I will join you here as well mate.
Good call on GCM again yesterday. Thanks
Mr Hamm - "I asked WOS the question because in one sentence he said the LP AFTER election and in another he said BEFORE election" - (caps mine).
Apology Mr Hamm if I did not make myself clear so will explain again but understand we talk about PlanA - LP / Plan B - State Special Certification
Both will get job done - Plan B is best!
Plan B (SSP State Special Permission or SSC State Special Certification) - Central Govt can just order Local governor because can OVERIDE any land overlap issue. Only thing they cannot overide is previous SSC.
Why do they not just overide local governor now? Might look bad to electorate and after election still give plenty of time for drilling season operations - they want drilling operations / PSC revenue THIS year.
Plan A (Local LP) - They have Agreement already with local Mata Sum (by big majority) and this is with historic issue of local Sum giving permission. WHY? Local Sum get many 'benefits' and are some voluntary royalty agreement involve.
Local Sum know about all issues protestor bring up - nothing new so 'disinformation' just excuse really to try to get but more from company (day before protestor turn up they get 132 Tonnes fuel, feedstock & other stuff).
Local Sum understand with SSP local LP permission NOT needed & also this will come after election. Will also mean they miss out on extra 'benefits' to them.
They understand this very well & why I expect timing for them will be soon and BEFORE Elections.
*This probablyvexplain feedback mr Master get about Local Sum administration supporting Petro Matad.
Hope this clears up things up
Should get LP from local Mata Sum soon!
Red dot 🦉
Https://thediplomat.com/2024/01/challenges-in-mongolias-upcoming-election/
Does anyone know if the Governor is "re-appointed" , "re-elected" ... how does it go in June when the election happens.
Apprecieate some input on this issue ty