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Master, also ref this FB page, this is the Central Government page not the local page. IMO this tells me that now that the Central Government are there that the local government/people have passed the land permit, the herdsmen have agreed compensation and now its passed onto the Central Government/MRPAM in the next step to finalise. As said this is my opinion of how i see it now.
Check out the first paragraph ref natural resources
https://www.facebook.com/100067733361317/posts/pfbid02zqJ1nGHm7EtmSHEKKtLYSFdom897V9fkTRHmaiwWTnBBXG57PDUofZiWK6mvEaGBl/
Dorñod governor press conference Not sure if this English translation relates to PM or it's just the after effects of the PC issues over the weekend. Don't understand what he is actually saying though
https://fb.watch/jx9X1OkoyW/
Iamrich, Imo I think all of this is good for PM, this brings everything out into the open. Locals will learn that PM is not PC. Once the MG get on top of this I think it will bode well for us. They are now setting up central government officials to monitor the workings of the oil companies. The PM, Nambaatar the justice minister are all getting involved. This will imo shed good light on PM and the way we work. It will hopefully then bring to an end or minimise the constant issues with the activists. As said before I am totally pro PM, I really think it will come good so I'm not selling anytime soon, hopefully the LP comes soon, haven't got a clue when we will get it, my only gripe at the moment is Buck and his lack of communication, and this has been my main problem for a long time. Imo I really do think he is arrogant and condescending and treats us private investors with contempt. I feel he believes we little investors shouldn't have the audacity to question him and I do wonder what the locals and Mongolian government think of him.
It is all about PC. It's good for us that PM has not been mentioned by the activists for quite a while. Info posted is just to keep people on here informed of what's going on around the area of Block XX.
As said whilst Buck is silent social media is the only place we can get any info. Come on Buck pull your ruddy finger out and do your job and keep investors in the loop.
Surf1 wish it was. This is the FB page of the Dornod governor.
https://m.facebook.com/story.php?story_fbid=pfbid024NPaRA2GfCHiX7AZgfxmoEncKQbNu8Ejwvv6nPUqQVsngfn4Q58w8LJ7oKdbpnr2l&id=100010103052981
https://www.facebook.com/1502726116622924/posts/pfbid02CSuEebqRN5RGKTL378Wkg6Vr9kRWGtsrpJHoinqVKQxofpsygEUW7iyZfYyboBq8l/
What a surprise BP posts a negative spin on these stories for other oil companies in Mongolia. Petro China are seriously flouting all environmental rules and have been found out, what do you think Beijing will do, ignore this and tell MG to let them carry on with their activities. This will bring PC to book and I would think some heads will roll at PC regards this. China needs the oil.
There is loads of FB posts coming out on the PC activities. Another one below doesn't look good at all for PC
https://www.facebook.com/100003294138753/posts/pfbid0duyAYuXQzhGKiqJ73cva89rGJ2jiWQcJgTzbGh3STM6ptHRtEK9bMifUi6PAYPr2l/
Further news on PC and their activities
https://m.facebook.com/story.php?story_fbid=pfbid0KsdKu9QiHTai7xM1Lr5z3RYLGULAh88ztcvngWdkdomvooD6DuyvRgiwHGEcqDVSl&id=100063595982582
Great posts again Master 82. I do believe the LP is coming, haven't a clue when so not even going to guess, but signs that government are putting everything in place not just for Matad and out LP but for future LP's etc hence why I believe it's taking longer. I'm still all in with PM, absolutely believe it will come good, i am just p*ssed off with Buck and his total silence again especially ref Block V and again keeping us in the dark
Master82, there is a conference happening today at the State Palace for Geologists. They are discussing everything including the current problems being faced. If he isn't there or a representative of PM then someone needs their backsides kicking !!!
I have emailed Investor Relations again and also copied in the broker. Perhaps a few others could do the same. I am pro PM and have been invested for 9 years and am very frustrated again at the lack of communication of MB and PM. Yes ref the LP I know and agree MG are slow and also laws and procedures are being put into place at the moment to speed up the processes moving forward, but what I cannot accept is the silence of Buck. An update of where we are with the LP would be good. It has been 6 weeks now since the operational update and the main gripe I have is within that 6 weeks he has not been able to get a date off the Canadian Drilling company to spud Block V. What the hell has he been doing regards this. We will be in Q2 a week Monday, and still bloody silence from him. My personal opinion of Buck is he has a total lack of respect for private investors. On the PM website there is a paragraph that is headed "Building Trust" Buck needs to read this and act on what the company preaches. My opinion is that I do not doubt he is a top geologist, but he should not be a CEO of a company in Mongolia.
Rant over, anyway as said I have emailed them, perhaps a few other people could do the same and try and apply some pressure
Meeting tomorrow, read bottom section where they will discuss current problems
https://m.facebook.com/story.php?story_fbid=pfbid0ZoEXzw7gDfqV3YkDkLx9b6sGMpuhsLhsKXoMiqWUfjX1guuZPyPfyva5Wn4KdUdYl&id=100090125114995
Here's the link , go to bottom of report
https://www.24tsag.mn/a/213675
Central Government are discussing the activities of Petro China today. Being interesting to hear what comes out of that especially after the recent news of their account being closed by the finance ministry