Member Info for Jimithebrush

Check your maths????

Minister G. Damdinnyam emphasized that the delay in financing the oil industry may affect the project's progress. https://www.mongolianminingjournal.com/a/74357

Probably only 3 million now and whatever was in the biscuit tin as they'll need 1 million of the raise at least to put towards the earned revenue from the 160bopd to put towards wages and paying the leccy bill.

It's all smoke and mirrors. More carrot dangling so he can keep on paying himself a wage. They need 2 million of the last one just for wages oh and soon a leccy bill.

//All desperate to get their hands on our 160bopd// but it is of national importance you know.

How much corruption between that lot?

Some LTH's may beg to differ on that one. Every time MB speaks the SP just drops like a stone. We will see Wednesday.

That's the stinger though, it's our thousands that's actually paying him $565k a year for absolutely no shareholder value whatsoever.

If the SP drops just on a presentation announcement where's it going to drop to when Mr B opens his gob on Wednesday

How are you still CEO I've seen people sacked for less.

Guess I spoke to soon.

Don't forget the pushing hard on all levels too, MB's biceps must huge by now, at least one RNS that shouldn't drop the SP anyway.

Politics and religion two biggest causes of war, what f CK has all that got to do with this share?

For a 160bopd seriously, the cowboy's are now touting the Indians. Funny.

" pay cheque"

//I think it obvious Mike Buck feels that H2, Gazelle and Gobi Bear 1 offer better payback than drilling a new H3 well, given all three of these wells are already drilled and cased he could well be correct.// He has to try something because it cost 4 million to bring one well to full production, had to spin another yarn to get the last raise off the ground just to keep his pay check and keep the lights on. Why didn't the go back earlier when they had 9+ million instead of wasting it on more dusters?

Yes like the Gatwick Gusher

350 million + shares to dump - Patrovis and Bucks 32 odd million at this price it'll take an eternity even if some have been forward sold will this ever see 3.5p again?

//10 years plus and their so called good relationship/support from the Mongolian Government, but they couldn't even come to an agreement on tax.// 5 of them years waiting for a poxy license and how long for special status land of great significance to Mongolia of 160 bopd, this is better the The Great Rock And Roll Swindle. Ever get the feeling you've been cheated.

Malcys quote at the end of his blog = A few more quid in the bank for Mike Buck, spend it wisely….as if.