RE: No news20 Jan 2023 17:40
Thanks, Research. I just had another listen while I was working on something else.
It all sounds positive, but when he's told by the minister of mining "he'll fix it within 1-3 months" back in October, and next week is all but that 3 months being up, you do have to wonder if he's just been given lip service. After all, if central government can overrule local government, why not give them the LP immediately.
But then you also hear how Mongolia needs oil for its fancy new refinery and are also handing out other exploration licences, and you think surely they will hand out the LP. In addition, it would look terrible to any other wannabe outside investors looking to work in Mongolia.
But as it is today, we still have no LP. And you wouldn't bet your house on it landing next week or month either.