Firering Strategic Minerals: From explorer to producer. Watch the video here.
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We have :-
1. A discovery H1
2. An Exploitation Licence
3. Central Gov support as a matter of
“ National Significance “
4. Support from 2 x Government Departments MRPAM and MMHIM
5. A Refinery with oil pipe line passing our wells being built as nff DX needing feedstock
6. A final simple presentation by a Ministry that feels it falls within their orbit ie Ministry of Construction and Urban Development.
All against the background of a serious long term push for foreign investment by a pro business and resource mining government
Sit tight for re-rating soon
The oil pipeline through MATD soum only reinforces my belief that MATD's oil at Heron is been kept in the ground until the refinery is built.
Looks like we have all been lead down the garden path by Mike Buck and his lies.
guys, believe me we need to make a bit of noise or we will lose the lot.
we have been saying the same thing for ****kkk g 5 years.
mb should stand up now before we lose another year.
v1,2 duster or not doesn't make any difference. we will face another placing while they are given themselves freebies.
Manro has just reminded me of the ambassador getting involved. I understand he has now left his post and been replaced. Has anyone contacted this new ambassador to ask if she has also been made aware of this disgraceful behaviour from the MG?
Dozzawba - is my memory correct that you were emailing Philip Malone?
What is the estimated cash burn to date? £4m for V1, £2M towards a jolly up and helping the ungrateful locals? leaves £6m?
Doc she is aware as I copied her in my emails to Malone, Buck and Petro Matad's brokers, telling him to pull his finger out and get the LP sorted.
I don’t suppose you had a reply from any or all of them?!
Question.
Were Petro Matad summoned to the Isle of Man by the Isle of Man regulator regarding complaints against the companies continued disclosures ?
Have Petro Matad had any contact with the Isle of Man regulator.
Could Petro Matad either confirm or deny this via their next RNS.
Some serious conspiracy theories here lol, just follow the RNS all, maybe in Russia we can say let's not believe the RNS and look at other people thinking, but seriously going over what the company and RNS states and making your own theories up 😂, ok I r ally shouldn't get involved with some of you nutcases or I wil turn into one or even start to lie for small gains
Anyways LP this month price is peanuts compared to a few weeks back
Bowley, whatever the reason for the IoM meeting they all lined up for a team photo so hopefully any disputes were ironed out 🙃
Lol yeah they took a team photo after the grilling
Manro your a nutjob seriously you have mental health issues dude
Can't believe how crackers some people are 😂
Follow RNS and so far it's been as stated by RNS, we've been kept updated even on the delays, buck didn't have to tell us the diner details and could have just told us the paper work is still ongoing but he told us the truth
But people can't handle it lol
Think some of you need a rest from this board and come back after a few weeks
I genuinely believe, Mike is as frustrated as rest of us still waiting for LP. Atleast we getting closer each day and also Velociraptor-1 is coming up.
MB will be a very wealthy man overnight as soon as the LP is granted, so I have no doubt that he is as frustrated as we are.
The frustration is massive for all of us here, but I believe that the LP will come. Nobody can say when for sure though.
At the end of the day, it would be business suicide for the GoM to not grant us the LP as any potential foreign investors would steer well clear of having to deal with the GoM at all having seen what we have gone through.
GLA
There is clearly more to this delay than meets the eye. Mongolia is notorious for corruption, including using nefarious means to acquire assets. I have no doubt that the LP will be granted. The only question is who will own the asset when it is. It may well not be the current shareholders. In the absence of any communication regarding what is truly taking place it is impossible to make objective decisions regarding investment strategy. Hoping and praying won’t cut it.
There is of course the opportunity to try and gain a better understanding of what is going on. Mongolia has a rather influential and effective investigative journalist, Jargalsaikhan (Defacto). Were he to look into this I am sure more would be revealed. If anyone knows how to contact Jargalsaikhan it might just be worth it.
Guys, I think we need to do sth or we will lose the lot to that bllllloooy Mongolians.