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FB post by activist today. Could this refer to PM. Timing is right as don't know of any other similar land issues in Dornod area. Same time as Buck said he was negotiating with the herdsmen. Hopefully an agreement has been made. We can hope !!!
If we find out about the local herdsmen who have taken millions from the mine, they will be called blackmailers.
This is what I and other one who actually RESEARCH say EVERYTHING going in direction of local permission / RNS any time now.
We have poster who only copy/ paste other post to make sneaky comment. They do NO research but play BB for own trading. Other poster also who just insult but again NO research to back up opinion.
Up to you to make own investment decision but all know what will happen when RNS come thru. Even same one who gossip did say "potential 1000% UPSIDE" but he what he say depend if he hold at time đ
Mr Pleb when % holding level reduce this can be because share in issue increase like we see. Basic math sir đ
I & other who are WELL RESEARCH have give update on local development which support OPINION that RNS IMMANANT.
This is better then one who do NO RESEARCH, demand 100% PROOF but give nothing themself but GOSSIP.
Be happy & professional in investing decision đŚđ°
Thrush on form again
We are being taken on a roller coaster ride. 2 months have past and formalities have not been completed.
PM need to take legal action for loss of revenue due to Mongolian land laws.
They should not sign a PSC if they have no control over the land..
Thank you Dozza for your research but what does your last paragraph mean Iâm a bit lost on it
Local meeting held today. Let's all pray PM is discussed and we are given the green light
#ANNOUNCEMENT
By order No. A/14 dated September 1, 2023 of the Acting Chairman of the Eastern Province Democratic Party, the regular meeting of the Provincial Party Committee was announced to be held on September 7, 2023 at 17:00 in the meeting hall of the Democratic Party building.
Party committee members are requested to participate actively.
Democratic Party of Eastern Province
WOS - letâs be very clear. YOU do NOT do any research. You use the brainwashing technique and jump on the back of others âresearchâ, only using/repeating it if itâs positive.
There are only a few here who actually do any research. Dozzawba and Master (although sometimes he misinterprets it) with useful contributions from some others like Gkahn and Landicaamans who is in the industry. Thereâs a couple more which arenât immediately springing to mind.
Saying âwe are ready to breakout and BOOOOMâ is not research, especially so when we actually end up falling!
Researchandhold, that last paragraph was the FB activists translated post this morning
Dozzawba - thank you but not sure I understand the last comment. Cheers
Research - I think the activist has said if she/her activist friends find out that they have taken money from PM, then they will be called blackmailers. I assume it should read traitors?!
I interpret it as if the herdsman agree to move to different area and take money from Petro Matad the local activists wonât be happy , I think the activists know whatâs coming ,this is just my opinion
Thanks Doc83
Master, in what jurisdiction do you suggest that PM sue the MG??
Barclays - if I may jump in here:
If you have a contract based claim, the respective contract will determine the jurisdiction and the applicable law.
I assume there is no contractual basis and - quite frankly - even if there were Governments never agree to alien jurisdictions.
So - whichever way you look at it: PM would have to take action in Mongolia. Good luck with litigating against a Government in its own country!
For wasting 4/ 5 Years of time and loss of revenue due to flaw in the Mongolian land law.
They should get their paperwork rectified before signing and PSC.
Loss of resources and revenue.
They should never have signed any contracts If they can not control their land .
Master: I agree with all your points (there may even be more!). It's a complete snafu - don't know how they want to attract additional investors if this is the way they support business - jeez!
Dozzawba - I don't suppose the Bloomberg editor got back to you re the MB interview?
Landicaamans - I have big concerns with corruption and how PM are being treated. Problem is, imagine selling now and it all coming good. I'd be kicking myself. But what I have done is stopped topping up here and concentrating more on my other holdings.
I think we're past the stage where we might think that the Mongolian Government are playing fast and loose with Petro Matad's future?
They've nailed their colours pretty clearly to the mast here.
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Governor of Eastern Province M. Badamsuren is participating in the meeting of Mongolia-China Expo and Ikh Tumen initiative.
The 11th meeting of the Local Cooperation Committee of the United Nations Development Program (GTI) and the 9th meeting of the Logistics Sub-Committee are being held in Hoh, China's Ministry of Economy and Trade.
M. Badamsuren, the Governor of Dornod Province, participated in this meeting and delivered a speech at the opening.
He introduced the participants to the meeting about the resources and investment opportunities for the further development of the Eastern province.
As for Eastern Province, it is located closest to the Tumen River region in Northeast Asia, and it is a legitimate goal to actively participate in this initiative and keep pace with the development of the region.
The meeting was attended by the Eastern, Khentii, Sukhbaatar and Selenge provinces of Mongolia, Russia's Inner Mongolia Autonomous Region, the People's Republic of China, Hoh City, Manchurian City, Black River, Jilin, Liaoning Province, Tangshan City of Hebei Province, Exim Bank of the Republic of Korea and other countries. Enterprises participated and gave information and presentations and exchanged opinions.
Dornod province has been participating in the Northeast Asia local cooperation of Great Tumen Initiative from the beginning.
The 3rd meeting of the Local Cooperation Committee was successfully organized for the first time in Mongolia in 2015 in Choibalsan, Dornod province.
The 08th meeting of the Logistics Sub-Committee organized last year was successfully conducted by Dornod Province electronically.
Ref master82's post earlier:
"Local meeting held today. Let's all pray PM is discussed and we are given the green light
#ANNOUNCEMENT
By order No. A/14 dated September 1, 2023 of the Acting Chairman of the Eastern Province Democratic Party, the regular meeting of the Provincial Party Committee was announced to be held on September 7, 2023 at 17:00 in the meeting hall of the Democratic Party building.
Party committee members are requested to participate actively.
Democratic Party of Eastern Province"
It will be interesting to see if anything does come of this. We know from previous meetings, any RNS comes almost immediately after (the central govt giving the go ahead was announced the very next morning etc). However, I'm also wondering what might actually be discussed? Local govt have been given instructions and is it not just with the local herdsmen now to agree new land and a slip of paper to be signed? So potentially no need for anything to be debated, or at least I hope we are way past that stage.