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What a shambles and sad state of affairs this stock has become . Dress it up anyway you want but the reality is we have waited over a year just for the EL. Funds fast running out no indication of what will be done should the company run out of money in 3 months time . The clock is ticking and can see this spinning out for at least another 6 months and more . Shambles MATD the Mongolian government and all the rampers on here the EL will be granted soon. What does soon actually mean. Fund raise is now virtually assured and further major dilution at an already emabrrassing and Hopeless SP.

Acrm will be the owners of multiples of the stock they shorted . The debt for equity will be more than enoughListen to cover short positions. Listen to Stevo he knows what he's talking about

Dw'in siarad cymraeg

The second meeting of the Working Group chaired by R.Ochbadrakh, Advisor to the Minister of Natural Resources, was held (March 22, 2021). The Minister of Mining and Heavy Industry G.Yondon and the Minister of Finance B.Javkhlan participated in the meeting and emphasized the need to include major reform issues in the draft law. Members of the Working Group exchanged views on how the concept and content of the draft law should be integrated with other relevant laws, and on the research work carried out.

Order A / 51 of the Minister of Mining and Heavy Industry (March 20, 2021) states in the policy document on the mineral resources sector, “To determine the selling price of mineral products in foreign and domestic markets in an open, rational, highly efficient and market-oriented manner and regulate exports through a unified policy ”. In order to achieve this goal, a working group has been established to develop a draft law on the Minerals Exchange, a concept, and related research.

The working group includes representatives from the Ministry of Mines, the Ministry of Finance, the Ministry of Justice and Home Affairs, the Ministry of Foreign Affairs, MRPAM, the Mongolian Stock Exchange, the Financial Regulatory Commission, and the Mongolian Exporters .

We are fast moving into quarter 2 and still no sniff of EL granting. We are only fully funded for3 more months. Whats the plan MB?

Looks like UKEF funding still very possible if this article anyhting to go by

https://www.bbc.co.uk/news/science-environment-56503588

PEARLS Are the shares suspended FROM Monday to Weds Prior to HEtransfer on Thursday?

Dipped in again at 23.3. Normal service will be resumed 1st April 7days trading to go.

Jimmi's comment about staples delivery to Mongolian Government on the other hand seems plausible

Sarcasm Ojay Sarcasm you plum

'Those relying on ‘emotive rhetoric’ about Mike Buck ‘living in a penthouse’ type of post, I completely ignore' yes I agree through the grapevine I heard it was a 10 bedroom colonial mansion with an Olympic sized swimming pool

Well considering we are hedged at §60 for Brent then surely we are not as price sentive to PoO price changes?

Ojay you are like a broken record. Wind it in fella

Yep

Looks like everyone is ploughing in their hard earned to Tullow. We are lagging badly. Hope this picks up before long before the PoO possibly recedes

My sentiments too

4th time lucky Pete's sake. There you go Ojay happy now

Peter's even lol. OK so I'm having a bad day. Hopefully this bloody licence will arrive soon. This is getting tedious to say the least.

Peats*

Wow thanks for this? It's all in the RNS for peaks sake

Wow thanks for this? It's all the RNS. For peaks sake