Member Info for Jimithebrush

https://www.mongolianminingjournal.com/a/72696 GLA

Iamrich, if what you say happens to be right then my personal opinion and it is only an opinion, I think the buying will be a lot higher than £5k at a time that is only 125k shares and to some people that maybe a lot, I believe there are a lot of fence sitters who have been waiting a long time for this to happen. So all we can do is watch this space. GLA

"Who is digging out old articles from 2017?
That is totally pointless and waste of space". Seems others are aloud to mention stuff from a few years ago, sorry if I don't ramp enough, all I've done is report what I think may have been of concern and a possible reason for some delays in the granting of the land permit, I'm focused on the future and have been for the last 6 years and luck forward to one of the few Mongolian companies listed on the LSE being an explorer and producer. Rant over. GLA

I'm in for pounds not pence :+)) GLA

Also let's not forget we only found oil in Heron 2019 so it shows just how long that these issues have been going on. I also think that what has being going on with PC and there issues has a lot more bearing on things than we e been told. Hopefully we will all know very soon even if it's to be said more delays on the plus I finally get to see V1 drilled, I hope it's a hit. GLA

Your so wise owl is that why you post the same thing day in day out I don't see you sharing much of your research for other people to maybe accept or deny Multibagger here x10 x20 let's see not forgetting the progressive report. Matters not to me I have explained my plan of action and will not be derailed by you or anyone else. Now let's all be happy Matd share holders :+)) GLA

Because I stated at the beginning of the article maybe relevant. Didn't post to confuse or mislead oh and I am very happy wisey

For your benefit I've been invested in PM for over 6 years not 6 weeks

And I am far from mischievous wiseowl

Wise can you enlighten as it appeared in my news feed earlier today thanx JTB

This paragraph appears to me why the delays, According to the present revenue sharing system, 10 per cent goes to the soum where the oil is actually extracted, 20 per cent to the province, and the remaining 70 percent stays with the state. Dornod is demanding 30 percent of the royalties to be directly paid to it, but the Ministry of Finance wants the entire royalty to come to the state budget, as it now does. Dornod province is also making the impossible demand that it be paid 10 times ger an amount than what it now receives from the Local Development Fund. If this is conceded, Umnugobi would claim a larger share of coal and copper royalty. Mongolia is not a federal state, so such concessions to some provinces will be against the Constitution, which defines the country’s underground wealth as belonging to all Mongolian people, and not to particular soums and provinces. Indications are that Dornod province may settle for 10% more of royalty receipts than other provinces, but the Ministry of Finance will not accept this, too. The difference shows no signs of being resolved. As far as the companies are concerned, while the royalty rate concerns them, they are not interested in who gets how much of it.

During the spring session, 36 votes were received from the Standing Committees, 66 from the Government, 37 from the MPP group, 31 from the DP group, and out of the total number of 170 legislative draft proposals were submitted to the Parliament on the list of issues to be discussed at the spring session and 58 legislation specifically specified in the law. the project has been reflected

Bit of a read but maybe relevant. https://www.mongolianminingjournal.com/a/55785

There have been some amendments to the minerals law. https://legalinfo.mn/mn/detail/63

https://www.mongolianminingjournal.com/a/72695

filetmignon, glad to see you are still invested here hopefully this is the year we've all been waiting for all these years. GLA

1,The results of the technical proposal submitted by the enterprise for the selection process for granting a special license for mineral exploration will be published in the electronic system of State procurement on March 16, 2023. 2, THE DISCUSSION ON THE REVISED DRAFT OF THE MINERAL LAW IS IN PROGRESS.
The discussion on the draft revision of the Minerals Law, developed by the Working Group of the Ministry of Mining and Heavy Industry, is being presented to the public on March 9 and 10, 2023. Voting will be held in the hall and online.
B. Byambadagwa, State Secretary of the Ministry of Mining and Heavy Industry, opened the discussion, and M. Mendbayar, the head of the Ministry's Mining Policy Department, presented the revised draft of the Minerals Law. About 150 representatives of government, private sector and civil society organizations are participating in the discussion. And finally 3,
"INTERNATIONAL MINERAL EXPLORATION AND EXTRACTION CONFERENCE MEETING 2023" STARTED
The 91st annual "International Mineral Exploration and Production Conference 2023" organized by the Canadian Association of Prospectors and Producers (PDAC) began yesterday, March 5, 2023, in Toronto, Canada.
Mongolia has been participating in this event for the 17th year since 2006. At the conference, foreign investors will be given comprehensive information about Mongolia's mining industry, exchange ideas with industry ministers and other stakeholders, seek opportunities to improve the investment environment, and further engage with investors and industry experts. important meetings will be organized to exchange opinions on cooperation.
In addition, our country will open an exhibition area and present the country's prospects for minerals, the infrastructure of the industry, the reform of the legal environment, and the policies to be followed in the future.
At the "PDAC 2023" event, Minister of Mining and Heavy Industry J. Ganbaatar from Mongolia, Ambassador Extraordinary and Plenipotentiary to Canada Y. Ariunbold, Director of the Department of Minerals and Oil L. Bayarmandal, Geological Policy of the Ministry of Mining and Heavy Industry Head of Department B. Uyanga, Executive Director of Mongolian National Mining Association G. Erdenetuya and representatives of major companies are participating

NEAR BUIR LAKE-MENENGI

CAB LAND ADMINISTRATION

21063. Team No. 7, Kherlen sum, Eastern province

Phone/Fax: 7058-3461

6023.03.07 No

your 2023-03-06-ma no

13

"UNION OF CHOIBALSAN PEOPLE TO SAVE THEIR LAND"

Oil in the Eastern Province

In relation to "Petrochaina Dachin Tamsag" LLC, which is engaged in mining operations, the water use agreement for 2023 has not been issued by the Water Department in accordance with the Water Law, so no water use contract has been concluded.

Throw this in the mix and one can understand why processes take so long. LEGAL SYSTEM AND JUDICIAL INDEPENDENCE.
Investors state that judges frequently avoid controversial decisions in business disputes, preferring to delay judgment for as long as possible—sometimes years.? If a decision is made, businesses face similarly long delays enforcing court orders.? In some instances, cases have taken so long that by the time an enforcement is executed, the counterparty has liquidated assets and vanished.? Investors note similarly long delays with respect to inspection agencies, such as the Tax Dispute Settlement Resolution Council, as well as with other inspection agency panels, especially those related to mineral licenses and health matters.

Official letter= Please ask for an explanation of the following official letters sent to you by our organization

1. No. 102 of 10.24.2022 "Plan

About"

2. "Official requirements" No. 105 dated 11.11.2022 3. No. 112 dated 12.02.2022 "Clarification" No. 10 "Official requirements" dated 01.23.2023