Member Info for Doc83

More on SSPL in the research note:

"in the longer term the company still requires State Special Purpose Certification of the Exploitation Area, which entails a number of regulatory steps."

So does that mean we could be granted land access by the locals, but if some other curveball is thrown and we don't end up getting the SSPL, that this still overrides the local authority and we'd have to shut down operations?

Genuine question - If SSPL isn't required, why does the latest Progressive research note released this morning bother to say this, if it is now irrelevant?:

Although this is a step forward, the company still faces a delay to the State Special Purpose Certification.

First comment I read on there was saying they are held hostage to the Chinese. So why not allow MATD. and Petrovis to crack on with Heron and get producing some home grown oil 🤦‍♂️

It’s always different this time around. But let’s really hope it is the finale we all want. I’ll be very happy and mildly rich 😬

Johnny - not quite that simple. Land use paperwork requires putting together and then signing. We can’t predict the future but we can look at history as a guide… therefore this might take a little while yet.

Dozzawba - I don’t know if you’re throwing me into that bucket. I don’t have an issue with WOS’s “intel” and research. It’s his passive aggressive posting and shutting down of anyone who disagrees with him as well as his stalking and disruption on other boards. For all his intel, he’s been wrong wrong wrong for over a year. My concerns of corruption, bureaucracy, continuing delays etc have sadly been right but because it’s not happy clappy I’m mocked and shot down. Water off a ducks back for me, but I’ll continue to call WOS out.

R&H, No bitterness here. I have my shares and have done for a long time. Too long.

Master…

“Last year I rectified the info I gave.” Only after you’d spiked the SP and got some investors suckered in!

“Why are you here?” To contribute to the debate, offer a different opinion and challenge my own thinking among other things.

“Are you even invested?” Yes, you know this.

“Go and do some research.” You and WOS do a grand job of scouring the web! I couldn’t possibly compete.

“Was I misleading yesterday” A bit. You were making out everything is sorted. There’s more paperwork to be drawn up and more signatures needed. As someone said earlier, Mongolia has a habit of finding new paperwork and processes that need completing. As of right now, we still cannot proceed.

So far I’ve been right to be cautious with timescales, certainly more right than WOS despite all his incredible “intel” and my limited research and investment acumen!

Ah, the old WOS trick, losing the argument so let’s go for a low blow and pick on a stock that hasn’t so far worked out to try and dismiss their credibility. From the person who clearly has a perfect track record of picking winners and so told their kids to invest their hard earned in a Mongolian oil stock that “has a track record of non-delivery” 😂

This board is toxic and I recall last year politely asking Master82 what in one of his finds meant we were apparently all systems go and about to hit 15p? I was mocked and told I was stupid for not being able to understand it. The SP shot up IIRC c.30%+ before promptly falling all the way back down. Master had got it all wrong and it was effectively a pump and dump. I’ll keep calling out what I see as nonsense and misinformation.

If this does go belly up, I’ll also take the consolation prize that your smug a55 will be brought down a peg or two.

And Ojay, you’re just a 💩 licking nonentity.

Thornogson - by that logic we should be thanking Pol Pot for promoting egalitarianism and equal rights. We’ll just forget about some of his misdemeanours.

And yes, I don’t trawl through Google search. I much prefer to attend AGMs and the like but sadly, despite being listed in the UK and incorporated in the Isle of Man, they are held in Mongolia with no other face to face meetings held with UK investors, who I’m guessing must form a fair chunk of the share register.

Additionally, you’re failing to mention that WOS has been mostly wrong for the past year, shuts down any attempt at debate, stalks members and disrupts other boards.

But you keep defending WOS.

NicetoMichu - you’re quite right, Simon Cowell is a right c.0ck so probably best WOS plays that part ;)

Ojay - maybe I’m the Simon Cowell of this board and WOS is the happy clappy Louis Walsh, where everyone is a superstar in the making. But when Simon gives praise, you know they must be the real deal. So when I finally say that MATD is in the clear and will make us all millionaires, I’m sure it’ll carry more weight that when WOS says it for the umpteenth time! 😜

“Many thanks WOSToday 09:32

For continuing your efforts against all odds. We all appreciate your work.”

🤢

“First - EXCELLENT RNS because it allow OPERATIONS TO GO AHEAD! 🚀 “

Indeed. But only once the paperwork is prepared and then signed. Let us all hope that this set of paperwork and the signing of it is done much much quicker than all previous paperwork.

Would be nice for MB to do a Proactive interview and have a few questions put to him.

Well, it's always different this time, until it isn't. But let's hope is really is "this time" and "just" a case of another signature.

Thornogson - as always, I hope you're right. Let's hope that this paperwork doesn't take months to draw up and that the Provincial governor doesn't stir up the activists to block the site!

"I see no apologies after all abuse - no problem and did not expect from such people."

WOS - can we start producing oil? YES or NO?

I'll tell you - No! There is paperwork (that hasn't even been prepared yet) that needs signing.

As said already, if the Mongols had a better track record, I'd be pleased. But I'm very wary this is more delays.

You can bully the nayers, but until I see oil coming out of the ground, I'll not get too excited.

Roxy - Indeed. I would be more confident had we not been here many times before. As it stands right now, we still can't do anything and more paperwork needs signing. And we know how long signing paperwork takes in Mongolia!

This is positive if you believe:

1. The Local authorities will prepare and sign the paperwork quickly, and...

2. The Provincial governor won't try to block anything.

If you wanted to be really negative or cynical with your thinking, then you could say this spike is a good opportunity for MB to do a raise at a reasonable SP just in case either or both of the above points go wrong.

I maintain this is overall a negative RNS. And what best time to release one of those... Friday afternoon.

I'll be a happy man to be proven wrong.