Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
I thought we were promised a 1p dividend !!!???
ACCORDING TO BOAJYA INSPECTION "PETRO CHINA DACHIN TAMSAG" LLC HAS TRANSFERRED TO THE POLICE HEAD OFFICE AS IT WAS FOUND THAT CHEMICAL TOXIC AND DANGEROUS SUBSTANCE WITHOUT PERMISSION
Minister B of the Ministry of Internal Affairs. Bat-Erdene met with the managers of "Petrochaina dachin tamsag" LLC on November 2, 2023 and held a bilateral meeting on the issue of eliminating the negative effects and violations on the environment and gave a period of 3 months to eliminate 5 violations that occurred based on the seasonal conditions. According to the decision, the State Inspectors of the Department of Inspection of the Ministry of Internal Affairs worked and made the following conclusion.
REQUIREMENT-1: Improve the technology of household wastewater treatment plant, Environment of clean wastewater. The quality of the water. Wastewater General Requirements in compliance with standard MNS 4943:2015.
📌 EXTENSION: Technical design of Toson Uul XIX, Tamsag XXI area industrial base and household wastewater treatment plant in BhG has been completed by Erchimt urnul LLC and the renovation of the household wastewater Treatment Plant is planned to be completed in 2024.\n
REQUIREMENT-2: Work safety and hygiene. Warehouse of toxic chemicals and dangerous substances products. General requirement is to build an integrated storage warehouse of chemicals complying to MNS 6458:2014 standards and ensure safety during storage of toxic and hazardous substances.
📌 EXTENSION: Ta-2 or "Petrochaina Dachin Tamsag" LLC's chemical warehouse in the XXI area of the integrated facility has been extended by extending the fence to the northwest side of the integrated facility to build a 10 m wide, 21 m long, 4.5 m high, double-sided /dry, liquid/ warehouse in September of 2023. The environmental impact assessment has not been made for the warehouse.
REQUIREMENT-3: In accordance with the clause 2.3.9 of Article 2,3 of Article 2,3,9 of the "Environmental Impact Assessment Procedure" approved by the second amendment of the Government of Mongolia's Resolution 58 of the Mongolian Government, to add additional clarification to the detailed environmental impact assessment.
📌COMPLEMENTATION: At the meeting of the Professional Council on Environmental Impact Assessment of the Ministry of Environment and Tourism on December 08, 2023 the detailed environmental impact assessment of the Petrochaina dachin tamsag LLC's 21st area crude oil extraction project and decided to resolve specific problems and re-discuss them with 100 percent decision of the members, and return an. Also, the assessment report discussed at the conference did not include the chemicals for use in contracting companies.
REQUIREMENT-4 Sorting the waste from the activity, transferring household and liquid and hazardous waste to landfill of the subcontracting companies, clearing the waste from the non-purpose land
📌COMPLANATION: Large amount of waste created in an old quarry that was reconstructed along the
Petro China accused of pollution !?
https://www.facebook.com/100011445393483/posts/pfbid086qJS8cT1phkgTDosy8Fzgd3AUM5Wy4c27dC8Hb3xvvSAc6Utei21eLc9hx4DrVkl/?app=fbl
Any thoughts on the tax aspect from RKH/Navitas OM award deal and that RKH/FIG are waiting until after the 23/24 tax year to announce?
I get that gut feeling from the share price action and drain of cash that a placing is being lined up.
Ramping appears rife on this BB
Send me the link to that. Is that 200k to each herder or are you just surmising !!!???
Hamm stop and tell me where you get the 200k payment to land owners from ???
Can you show me where it states 200k please ?
From MATD results RNS
The Company raised an additional $6.6 million funds in February 2023, which provides sufficient working capital to operate beyond mid 2024 as a going concern, as well as commencing appraisal and production operations at Heron oilfield in Block XX, and drilling a high-graded exploration prospect in Block V.
How much cash was used recently to pay off land owners recently anyone?
Should have said a fund raise will surely be needed soon if the green light is given. Can't ramp up production quickly without more cash , surely?
Nm.
Meant to say a tender offer is a very bad way to return cash to average shareholder to me. Lets see,,,,,,,,
Looks like a very bad idea to return cash to the average shareholder.
G.P said we should hear more about sales ramp up of Stereax with Cirtec at todays update. Nothing I can see in the RNS. Another RED FLAG for me
Mogger, I don't agree with being clever. They could have exercised them earlier and sold and locked in a ~ 25% profit. Subsquently they could have repurchased them if they so wished.
I said a while back that RKH should "sell" the award and the RNS today is very good news . Roll on January 2024. Expecting good things from here on in.
TheChessMaster, I see you have a new account opened.
I think it was pretty obvious the share price would close in on the warrant price as the expiry date of the warrants approached as there are still so many outstanding.
Personally I have been waiting for Jan 1st 2024 for an age.