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Would be nice to see double figures ahead of the RNS that would really put a rocket under this ££££

Well done Master82 some great work following events in Mongolia. It’s good to have you on this board.

Previously we would have expected some reversal with no news. This is sustaining its rise / re-rate. I'm happy with my holding and not looking to top up. Exciting times ahead.

Forgive the pun but it seems to be all one way traffic at the moment.
Plenty of foreign investment to Mongolia. MG need to allow these investors to realise the rewards..

Could be a leak or just PI's loading up on the new ISA year. Either way news will be coming soon. Fingers crossed its all good and the long suffering holders finally have something to shout about.

A watched kettle never boils!

Let’s face it. Not the RNS we had hoped for when we saw that little red dot this morning. The wait for the LP continues. Really hope we secure it a good few weeks before the Velociraptor drill spuds.

I hope you are right. I wouldn’t be comfortable with Velociraptor spudding before the Land Permit for Heron is in place. If we end up with a duster and no permit god only knows what the SP would slide to.

I'm sure if the Land Permit had been granted at last Fridays meeting then we would have known about it by now. Just more hear say i'm afraid!

Can anyone point to where this rumour of a meeting re: Land Permit on Friday 17th March has come from?

I speak fluent Mong after my second bottle of red!

Can somebody please tell me what part of the new bulletin Petro matad is mentioned? Sorry I don't speak the lingo.

If we are in their good books then why don't we have a land permit while Petro China is happily pumping oil out of the ground. Highly frustrating!

https://www.facebook.com/profile.php?id=100011445393483

Our friendly Facebook activist has posted a video of herself from yesterday confronting the local governor on Petro China's block next door. Is there anyone on here that understands Mongolian that can help explain what is been said. She's waving around a piece of paper in front of him. Hopefully it's our Land Permit.

Do we think that news may have leaked? or is the Proactive report responsible? Better in than out i'd say!

My guess is as follows.
No LP = Duster at Velociraptor = Sub 1p
LP before Raptor Spud = 10p
Success at Velociraptor + LP on Heron = 30p

If the land permit issue is not resolved before Velociraptor spuds then we run the risk of a duster and no permit for the only oil this company has ever found. It baffles me why MATD didn't start the drilling programme way back at Heron as this was the best chance of success. Instead they went from duster to duster decimating the share price and burning cash. Now we are off again spending money before we have any revenue streams up and running. Beggars belief!

I had a horrible feeling the placing was coming. I thought it would drop at the same time as the Land Permit as MB has a track record of tarnishing gods news with bad. Turns out that was wishful thinking as we don’t have the LP and obviously MB could wait no longer for the placing. Velociraptor is a wild card and only a 20% chance of success. If we hit dust before the LP issue is resolved the who knows how low this could go.

A watched kettle never boils. I’m sure this will come good eventually but I’m not holding my breath. I remember waiting in the EL licence only to be diss appointed. Fingers crossed this time there is not caveat with the good news. The wait continues.