Member Info for Jimithebrush

Maybe it's just the uncertainty of it all. GLA

Still got a few weeks to end of quarter. Let's see 1st before people give up hope. GLA

Threw this in while we await the EL RNS https://youtu.be/vobAKWK-hWc Here's hoping. GLA

Don't care what day they drop an RNS on us , hopefully within the next 19 tradings days. GLA

Apologies if I've offended anyone, my post this morning were genuine, not had this happen before, I no way intended for it to come across as misleading information. EL news carnt be far away now. GLA

https://youtu.be/M--ZStYBlT0 might the first 10 minutes help Dozzawba?. GLA

As of today, 332.6 million tons of proven oil reserves and 43.2 million tons of proven reserves have been collected and 102.8 billion MNT has been paid to the state budget. D.Altantsetseg, Oil Refinery Project Director, gave some information at the “Petroleum 2021” conference. The project, which was signed on October 2, 2020 with India's JMS Projects India, officially began construction in January this year. The selection of the initial process and ancillary facilities and industrial power plants is currently underway. D.Altantsetseg, the project director, said that the selection of license holders for licensed technological facilities is nearing completion.

The e-conference continued with a presentation on professional human resources, training and research in the Mongolian oil sector. The preparation of national experts to domestic oil industry Land J.Tseveenjav director of Oil Engineering Association 1950 - began in mid hoping, 1970 - mentioned as people began preparing eighties special education, higher engineering and technology education since 1990.

At present, 1298 bachelors, 117 masters, 27 scientists, 104 specialists in various fields of oil, including 24 in oil exploration, drilling and mining, 80 in oil product processing, transmission and supply, 61 consultants, a total of 165 specialists, about 800 technicians, operators and hundreds of skilled workers were trained. The e-conference continues today with presentations on the use and development of large-scale liquidation technology at the Tamsag deposit, and on oil-containing wastes and their detoxification

Oil 2021”: Galba XI and Matad-XX fields are planned to be commissioned


The XXVII International Scientific Conference “Petroleum 2021” dedicated to the 80th anniversary of the establishment and development of the oil industry in Mongolia is being organized online today. The online meeting Mining and Heavy Industry Minister G.Yondon MUST 's Rector, Dr. (PhD) , professor B.Ochirbat, NIC CEO N.Naranbat, Canadian Merit consultant Jyeniffyer Adams speech. After that, Ch.Chuluunbat, Head of the Petroleum Policy Implementation Coordination Division of the Ministry of Mining and Heavy Industry, reported on the development of the oil sector.

The State Policy on the Development of the Petroleum Sector ( 2018 - 2027 ) states that the Mongolian oil sector will intensify exploration, increase reserves, increase production, build an oil refinery, and sustainably meet the demand for petroleum products. There will be two phases to achieve this goal, and Phase I ( 2018 - 2021 ) Improving the policy and legal environment of the oil sector, improving infrastructure, increasing investment, and initiating the establishment of state-owned and partly state-owned oil companies will increase the socio-economic impact and competitiveness of the country.

But II during 2022 , said in 2027 intensified prospecting and exploration of strategic importance in the oil industry and oil reserves, production increased development and production, strengthening human resource capacity, will create the base oil industry needs stable supply of oil products . The speakers emphasized that the implementation of this policy can be seen in the establishment of an oil refinery.

"NIC Co. 's historical development and current situation," the report stated more about the origin of the Mongolian oil sector development. Since 1950 Zuunbayan started to drill wells deposits at the end of 1957, total oil production bore the number 204 - was reached. 1950 - Zuunbayan deposit in 1969, approximately 490 thousand tonnes, white - experimental abstraction of sand deposits 8421.3 tons of refined extract oil.

Mongolia's oil sector's goal until 2024 is to increase investment in the sector and sign production sharing agreements in five areas. Reserves will also be identified in Galba XI and Matad- XX . As for oil production, it is planned to increase production and put into operation Galba XI and Matad- XX fields. According to the plan, the supply of petroleum products will be maintained, and an oil refinery will be built and put into operation.

As of today, 332.6 million tons of proven oil reserves and 43.2 million tons of proven reserves have been collected and 102.8 billion MNT has been paid to the state budget. D.Altantsetseg, Oil Refinery Project Director, gave some information at the “Petroleum 2021” conference. The project, which was signed on October 2, 2020 with India's JMS Projects India, officially began construction in January this year. The selection of the initi

SM84 :-)) :-)) funniest post I've seen for a while, in fact I'm going to say hands down best post of the day, cheers GLA

Sell in May come back St Ledgers Day, not with this one:-)) GLA

Could PetroMatad list on the Mongolian Stock Exchange, if we're classed as a Mongolian company, would Duel listing be a possibility? Petrovis being our biggest share holder I was Just wondering as I've read an article about it with another company in the Mongolian mining journal that's listed on the Canadian Exchange. Advantages and disadvantages, any thoughts appreciated. GLA And may the rise continue :-))

+27.11% now 0.11 cents. GLA

Apologies in my excitement another fat thumb moment PME's :-)) GLA

Just got home and what a surprise, seen we had 2 RNS's and thought the EL had been granted. 2 PMO's. I think I'll make sure not to forget my mobi tomorrow when I go to work. Fantastic bit of movement today hope it holds up. Not had a chance to go through all post's yet so will browse whilst I eat. GLA

It is , was a reply to an earlier post. GLA

PRTDF OTC Just up 41% think someone read your post :-)) GLA

I know the Expo had no material value to the fundamentals of the company I just believed it would have been a good platform for putting Matd on a lot more people's radar. Overall a good RNS today and looking forward to the big one now, hopefully a full detailed work plan and everything else included to take it all forward. Just chilling now and waiting for the big day :-)) GLA

Taverham, if that was the case then why weren't the hard copy's in brown envelopes divvied out when PM struck oil. Just wouldn't be in there interest. Let's keep it real. GLA

This taken from the Mongolia Mining site on Facebook=



Mongolia Mining
May 7 at 8:38 pm ·
Mongolia Mining 2021 - The International Mining and Petroleum Exhibition is being postponed due to the emergency situation in Mongolia due to the spread of the coronavirus worldwide. At the moment, it is not possible to announce a specific date, but we aim to set a date that is as favorable as possible for the work of exhibitors and partners. Depending on the situation, a new date will be set and officially announced by the organizing committee 30 days before the date of the exhibition. Thank you for your understanding and cooperation. GLA

Just seen on Facebook, Mongolian International Mining and Oil Expo cancelled due to unfavorable conditions. Was a nice thought while it lasted. GLA