Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Who benefits when MATD starts pumping oil?
China= imports oil refine and resell it back to Mongolia =profit.
Mongolia government = get tax on oil production+ in near future Mongolia becomes oil self sufficient + MATD may find more oil discover which can be exported to china.
Locals= get help from petromatad.
Stronger petromatad a bigger role it can play in Mongolia whether finding more oil discovery which can help Mongolia/china.
For those reasons I can only see LP granted a matter of time.
I think it is a fair legitimate ask. Investors/shareholders have been patient and suffered for a long time.
We have been waiting for 5 years and MB should ask UK ambassador or MG/MFM asking for help.
More than 2 months for a bank transfer is silly.
There should be some sort of improvement regarding compensation and fund release in the last 2 month since the last RNS. It would be helpful to get some sort of positive news rather than silence if there is any good news of course.
MATD has enough fund till July. No placing expected.
Enough time to do a 2 week workover to start having income.
At the moment the weather is too cold -30 or so to do any activity.
The sentiment will change fast when Lp sorted.
The share price is nothing to do with WOS.
There are rampers/derampers. You can be positive or negative.
Potential is still massive, but we need solid news.
Wos, we all know that you are a paid poster. That is ok.
Please share if you know what we don't as it seems you have inside information!
Let's us know how come your English rapidly improved?
If the fund has released then it would be wise to share information with shareholders.
If it was released then the herders wouldn't have needed government help!
It it was released the herders wouldn't ask for help.
If it was released the local governor would have signed the LP.
Shareholders have every right to know what is happening after waiting for 5 years for the permit.
Please stop telling us 'wait or sell'.
How do you know they have?
If the fund has released then wouldn't be wise that MATD let us shareholders to know about the progress?
It sounds to me that the 'supportive' government is the problem not the the herders or the local governers!
More likely the fund hasn't released yet!
If there were any progress why can't we have RNS confirming it?
2 months from the last RNS, but MM hasn't released the fund yet! Why?
No news is bad news as always has been.
We are heading for another disaster year with MB leadership.
We have been hoping tomorrow would be different for the last 5 years.
Nothing happened. Why guys do you think 5 years hasn't been enough waiting?
Isn't it time MB stands up and criticize MG? Demanding LP.
What right MG has to give land an exploration license if they don't own it!
I think MB should go. The sooner the better. He is very pathetic.
Never strongly criticized MG
Always telling us that MG are supportive which was NOT.
Unless MB starts changing the course and give MG a deadline to sort out LP.
Getting LP seems nonsense to me any way. MG shouldn't have given explotation license if they couldn't give us explotation license. Locals shouldn't have allowed to oppose to land access if they didn't opposed to exploration activities!
It seems all nonsense excuses.
5 years they get fully paid and delivered nothing.
I understand that we have no say unfortunately.
MB is pathetic. He doesn't speak out. He doesn't make any noise.
5 years for god sake. matd has spent $100+m.
How come the locals can let us exploring the land and we don't need permit but we need all sorts of permit to extract!
Why petrochina doesn't need any permit?
It doesn't make sense. Come on Mike speak out.