Member Info for Jimithebrush

That would be so cool, obviously they would record it or maybe even live stream it, what a massive vote of confidence that would be not only for PM but also the Govt. GLA

If PM fit into any of the catogories: NOTICE
2021/04/14

The Bank of Mongolia jointly with the “Comprehensive 10 trillion plan to protect health and revive the economy” approved by the Government Resolution No. 42 of February 17, 2021 in order to ensure the stability of the banking and financial markets and support balanced economic development is being implemented. The Central Bank (Bank of Mongolia) is cooperating with relevant organizations in charge of overseeing the bank's financial intermediaries and banks in accordance with the Law on the Central Bank (Bank of Mongolia) in providing interest-free bank loans to eligible legal entities and individuals. .

The Bank's internal control, joint inspection by the Ministry of Finance, the Bank of Mongolia and the law are aimed at supporting the activities of traders, producers and service providers, who play an important role in economic recovery and job creation, with working capital and loan refinancing. with the participation of law enforcement agencies. For example, in order to prevent misuse of the “Job Support Loan”, to prevent conflicts of interest, and to monitor the activities of borrowers and lending banks, a General Job Financing Agreement was signed with banks on March 19, 2021. Ministry of Finance, The Bank of Mongolia has jointly approved and started to implement the “Procedure for monitoring the implementation of job support loan activities”. The Ministry of Finance will also establish an independent oversight board consisting of representatives of the Mongolian Chamber of Commerce and Industry, NGOs and the media, representing certain sectors of the economy. In addition, the Bank of Mongolia and the Ministry of Finance will conduct regular on-site inspections of lending and loan disbursements.
GLA

The 10th International mining and Oil Expo which is scheduled for the 12 to the 14 of May in Ullanbatar (which is only 4 weeks away) gives me more reason to believe that the EL may be awarded soon as I believe the Mongolian Govt will want to prove that investing in their country would be very beneficial and use PM as a example and hopefully showcase their point. Slowly but surely it really does feel like the pieces are starting to come together. With the commissioning of the refinery scheduled for 2022, PM in the front seat, my confidence in PM is building more and more each day. GLA

Not forgetting we also have Phoenix and Fox so not totally unrealistic valuations. GLA

Posted this previously. Timeline12 Oct 2019 08:51
2019/2020 drilling, 1/ Heron-1 ongoing- flowtesting results October 2019. 2/ Gazelle-1 drilling- results in October 2019. 3/ Velocirapter-1 due in 2020 = Heron-1...... 25 (possibly more) MMBO, circa 18p a share, Gazelle-1.....13MMBO, circa 8.5p a share, Velocirapter.....201MMBO, circa 135p a share, well worth the wait :-)) Anyone think it's possible ? It went to £2 at one point and that was without the EL license then.

Certainly makes the wait for the Raptors worth while once the license is granted that's for sure. GLA

Bought a few more from profits made a short time ago from another oiler I held, just couldn't resist. Overall I'm quite pleased with today's update. Now we just wait a little longer, certainly makes me feel more positive especially as we've got a funding issue in place to fall back on if needed and without any extra share dilution. So for what it's worth EL license RNS could be sooner rather than much later. GLA and looking forward to a productive few months even years :-))

2 PMEs , not quite what I had in mind :-)) GLA

Whatever the reason it's nice to see. More of the same please.

Just a speculative thought, could an RNS have been logged. Hope so :-)) GLA.

Doesn't help anyone, I really hope we get the EL very soon, I would like for us all to get back on track and be talking Matd and not all this character assassination stuff. To be honest it's getting a bit boring. After the last RNS update there's a possibility it may slip into Q2 we're there now so give us the good news MB and pull us out of this hole, it just seems to be getting darker by the day. GLA

Aussies are nine hours ahead of UK time so won't they trade before UK, Tonight will make it Tuesday morning over there?

Tripled my investment here so I've taken my funds out and await for one of my other oilers to wake up from a long slumber, good luck to everyone new and old it's been a very interesting journey. All the best JTB

Article in the Mongolian mining journal about Rio Tonto and the mine maybe that article you posted Dozzawba might have something to do with that, just guessing. GLA

Dozzawba, from what I've managed to translate it appears to have been a
investigation, which has been going on for 3 and a half years, the pres H Battulga, prosecutor general B Jargalsikhan and the minister of justice and internal affairs look like they've had a meeting. Doesn't appear to be anything to do with PM or oil. Best I can do, hope this helps. GLA

Spainish, any chance elaborating on what has bee said about PM then as I think a lot of people here would also be interested then I believe we could all start applying pressure to get some answers to a few questions that have been brought up. It obviously isn't price sensitive information otherwise I believe PM would have to inform the market. Thank you in advance of your reply JTB, GLA

33 million barrels recoverable but with a fraction of the shares in issue. GLA

Is the longest April fools ever, GLA

Now the vaccine has been rolled out and the borders are slowly opening maybe the delivery of the stationary from Staples will be fast tracked to the MMHI office so that the minister can proceed to signing all relevant paperwork, joking aside, imho, I'm willing to wait this out as I firmly believe that PM will eventually be a producer plus I want to see the raptors explored and exploited before I even consider selling any of my stock. For sure no one knows what is happening in the background and off the back of the EL RNS announcement I believe multiple announcements will follow but then again could the govt deny EL, time will tell GLA

Personally I don't see it as being robbed it was that person's choice to sell. GLA