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What resolution of land use was RESOLVED today in Cabinet?
I expect Ministry of Urban Development at final stage of submission for Special Certifucation because last update dud not say how long before did submissions to other Ministries take place. I did expect LATEST about 10th July but could be today.
Do not know because have no confirmation RNS.
Already hold share so do not worry but happy if they confirm - do own research
Dornod Aimag website posted 2 hour ago
""In cooperation with the Ministry of Environment training is being organized to improve the implementation of the Law on Natural Resource Royalties"
Cannot find anything else but reference included in Cabinet Meeti g update just out.
Official website slow to update content.
Will find out in RNS tomorrow if confirm
Great work wos, this could be it but again happy to wait a few more weeks for a multibagger
Rich - be honest, if LP still hasn't arrived in 5 years, you'll still be saying you'll be happy to wait a few more weeks.
Yes look like it could sir but need official confirmation from company first. Have just been released on Govt briefing not long ago & look like it but let us see :)
We have a commentator on other peoples posts.
Can we all not read for ourselves.
Also Dornod province now have step up training for Natural Resource Royalties
I didn’t see the word ‘ shortly’ mentioned in the latest RNS? .. ‘ Months ahead’
Months is fine by me so long as it comes.
I suspect it'll come sooner though.
Share price when it does?
This show how few people READ RNS mr Surf lol
Read again please. You will find word "SHORTLY" for land access permission ;)
Surf - the word shortly was buried deep in the Director's comments at the end (previously discussed)
But no one knows exactly what "shortly" might mean!
Then read reference to Land Use RESOLUTION from today Cabinet Meeting ;)
"But no one knows exactly what "shortly" might mean!"
Think we will shortly know ;)
Is this more supposition from our resident suppository?
Official Mongol Govt source provided
montsame.mn/mn/read/321728
10."Legal regulations related to LAND USE relations were RESOLVED in accordance with the Law on Land"
We expect Ministry of Urban Development Cabinet Submission will be any day & is consistent with official company statement of resolution shortly.
Maybe better to leave gossip & bitterness to side sir & see evidence building up for Land Permit RNS with Multibag price move
Your money not mine so do what you want but try to be happy:)
Also ask yourself why in SAME Cabinet Meeting they have "discussion of preparatory measures implemented in the framework of becoming an open joint-stock company?
Then ask why Petro Matad work closely & help Govt organize New Block tender & PR to promote this?
Now ask why members of MRPAM (Mining Regulatory Body) and MMHI (Ministry of Mining & Heavy Industry) and Mongol Ambassador all travel to Isle of Man in person with CEO of Petro Matad?
Think you understand why time spend in research / intel better then time spend to gossip on share you do not even own Mr BP
Hope this some help but if not fir you then for real investor :)
I suppose it could 'possibly', be referring to our special purpose certification but .... I feel on balance that, as it is mentioned within the context of 10 decisions relating to the amended draft law, this is referring to the over arching solution long term land use solution viz legislative changes, that has been referred to in several RNSs
In order to ensure the stability of the investment environment, support investment, protect the rights and legitimate interests of investors, improve investment guarantees, support for investors, and improve and simplify government services, the following 10 principle issues have been newly incorporated into the draft law.
1. In this some regulations prohibiting or restricting investment activities have been removed.
2. Guarantees for investors have been improved in line with international best practices.
3. Investor's rights protection council or complaint resolution system is established and complaint resolution is detailed.
4. The right to settle investment disputes through international arbitration is guaranteed.
5. The role of investment protection and support is defined as the function of all government institutions.
6. In order to eliminate tax differences and ambiguities, changes were made to regulate tax incentives and equal withholding tax rates.
7. Provisions have been made to eliminate duplication of planned inspections by the state.
8. The process of obtaining visas and residence permits has been simplified, and regulations that create double burdens for investors have been reduced.
9. The criteria for issuing stabilization certificates have been simplified and conditions for electronic issuance have been created.
10. Legal regulations related to land use relations were resolved in accordance with the Law on Land.
It is believed that the approval of the revised draft of the Investment Law will have many positive effects, such as increasing economic growth, creating a favorable environment for attracting investment, increasing jobs, and improving Mongolia's competitiveness.
However even if not specific, the overall picture is favourable.
Mr CaC
Maybe maybe not. We will see but need official RNS like I say.
Think for me better to be IN then OUT with all development
Oh I love trading this share.
I’ve buy orders sat from 3.4 through to 3.6.
Once I’m in I’ll sit back and watch Owly boy ramp away then sell again.
There’s no feasible news coming through so it’s pretty safe to make your 10%s
Finwitt - ok now we know your plans (for those interested) please let me know how you visualise making 10% on no feasable news as you claim 🙂
Well last couple of weeks it’s nicely fallen to below 4 and then at sometime risen to 4.3
So if my buy at 3.6 or lower is filled then when it rises back to 4.1 or 4.2 then it’s all good