The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
RKH can't afford to pay FIG anything until Sealion is in production regardless of the OM payment. You can't have a situation where we pay a tax we don't even owe only to find Sealion doesn't get approval and RKH go bust due to lack if cash.
I've read all the comments but I'm not sure I really understand why RKH requested FIG approval. The OM award has nothing to do with FIG regardless of the tax position. You could argue the other way that RKH niw have skin in the game to say we will only pay tax if RKH Navitas get the green light on Sealion.
Trek, cheers. I still cant see the currency exchange rate into GBP RNS
Can somebody explain to me the dividend policy here. I can't see any currency conversion RNS for UK £p
Do dividends gate paid in £p to nominee accounts ?
Anybody been anle to find out the reason for their resignation ?
Price bottomed out at end of share warrant period.
Pavel its just bed and isa trades
Definately could !!!???
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lol
Can anyone enlighten me as to the tax arrangement for future prodcution. Is it a Product sharing agreement with Mongolia or a corporate tax payment.
If its a PSA at what % ? And if its a tax apyment at what rate ?
Cheaper cost to produce then current lithium batteries.
Weight less the current lithium batteries.
More Safer then current lithium batteries.
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Where did you get this info?
Doesn't appear to be much interest, Only 500k shares traded.
Also cash running low from mid year according to MATD
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.
MB clearly states money needs to be raised to get production ramp up.
https://www.youtube.com/watch?v=QVBJVi-6gy4
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 !!!???