Member Info for Jimithebrush

As for info, I just set up Google Alerts for Mongolia and it sends them to my feed, as for my name, it's just something that someone called me at my place of work as Im always asking for the brush, that's it. Nice to see a blue day here again let's hope news comes through soon. I have only been here just over three years, some people have been here from the beginning so looking forward to the day it pays off for us all. GLA

Seems things are really moving in the right direction for this company. Hopefully the same for PM. https://finfeed-com.cdn.ampproject.org/v/s/finfeed.com/small-caps/energy/exr-develop-small-scale-lng-plant-its-first-gas-offtake-project/amp/?amp_js_v=a3&_gsa=1#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Ffinfeed.com%2Fsmall-caps%2Fenergy%2Fexr-develop-small-scale-lng-plant-its-first-gas-offtake-project%2F

Welcome to you petrodollar, captain, perish the thought but as stated PM have an asset in the ground, at the moment the only thing being elusive is this damn licence and permits, once that's in the bag I think raising funds shouldn't be to difficult (famous last words) but seriously once this pandemic thing has been put under control and we can get back to some sort of normality, and oil starts it's upward trend again, even if the licence is given be it August, September or October not much is going to happen this season so overall not a completely wasted year "if" and "when" all permits and licences are granted before the start of next season. All we can do is be patient and evaluate the situation as and when news arrives. Until then I remain a holder. GLA

Nothing is going to change the fact that there will be little or no drilling or production this season, so hopefully all permits and licences along with funding be it JV and equity or just equity and go it alone to make an early start next season, which is a shame but here for the long term. GLA

OJay, I think Spainish was replying to your post refering to the licence probably being issued late August early September due to the elections which he did mention way back in January. What he is saying is that he predicted the lateness of the issuing of the exploitation licence and to look through some of his previous posts for proof that his thought process was and is correct.Hope this helps :-)) GLA

Sorry OJay, typo fat thumb. GLA

Okay, Spainish is referring to your post Thursday 30th July at 11:52. Spainish I would just like to say read through some of your previous posts and you have been spot on with your thought process, hopefully we will get some sort of acknowledgement from PM as the tumbleweed is the only thing making any real noise here. We need something even the silence is deafening. GLA

Not sure if the borders are completely open. An oil truck driver has a fever
2020/07/23
Oil transportation operations have been opened by the decision of the National Security Council, and 24 trucks transport oil to China every day. This morning, a driver carrying oil crossed the border and returned with a fever. He was isolated at the Bayankhoshuu port and a special commission was sent to bring him to the center of Dornod aimag. The driver will be tested for the coronavirus and the results will be available in 72 hours.

I know everything in print should be viewed with scepticism but why would a news broadcaster print an article if there were nothing in it? The issue of land use permits has been going on since may last year. Understandably people would still like an answer to "the alarmist post's" even just for clarity, to make an informed decision about ones investment. So to claim it is unfounded and nonsense is wrong. We know it's been over ten years since the last exploitation licence was granted in Mongolia but that is just part of program, do you not think that people wanting to make an investment in Matd would also like to know all information after doing there due diligence. I still believe that PM could put something out to clear the matter up. Hopefully something will come soon be it clarity of permits, the granting of the exploitation licence, funding and probably next year's program. GLA

The conclusions of the government’s working group which was set up to resolve inconsistencies in land use legislation are working their way through the approval process, extract from my email from PM, does it appear to anyone else that these issues are still on going as it does not state a final conclusion to this matter. Sorry to bring this back up but having backed tracked through my posts and what news is available, if it was finalized then surely these news reports would not still be being broadcast. Or am I reading to much into this. Perhaps you are right Dozzawba an RNS update is what is need as all this is still a little confusing. GLA

Just checked in, got same reply as you Dozzawba, at least an acknowledgement. GLA

Earthquake's, follow on from Mondays post 14-15pm, tried uploading a link but having trouble with translation, on the Jaran news there's an interesting article about said earthquake's. Hope you can get the link as it is very informative or if anyone else can maybe try. Hope this helps. GLA

Hopefully while we are all waiting patiently for the licence Mike and his team are fully focused on delivering all necessary information and documents needed to crack on with plans to becoming a producer. I to am convinced licence will arrive this year, when don't know but I feel any drilling will not happen this year as another Mongolian winter fast approaches. If all plans are in place maybe we could get an early start in the new year once the winter passes. It certainly hasn't been a pleasant journey to were we are at at the moment considering they have oil in the ground so hang in there people, it will happen just not as quickly as anticipated. GLA

Act in haste, repent at leisure springs to mind. Its maybe just a bit of a misunderstanding, lost in translation, after 12 years as a holder what's another few months and see how this plays out, maybe once the licence is issued then we can get back on track. Hopefully soon. GLA

Agree, as mentioned in my post 19:25 yesterday. We need clarity. GLA

Appears someone left a comment, cheers GLA

Jaran MN which is a news source from Mongolia, you can also find it on Twitter and Facebook which also gives other information which we don't get in this country. Hope this helps. GLA

Just for the record I am not a de-ramper, i have a considerable amount of share's and have been a holder of PM shares for quite some time and have every faith that PM will come through to becoming a fully fledged producer and explorer, I'm here for the Raptors so will be still here for some time to come. I posted the article about the court case as it is relevant to past issues over land permits which have been going on since last year. And as stated it would be nice of PM to put the record straight because when you find information from another news source in another country it all adds to researching the company I'm invested in and thought it best to share my find. No scare mongering or de-ramping, if you click on my name you will see past posts and you will see I have PM's best interest at heart, so good luck with your investment and GL to all holders new an old.

Yes we certainly need clarification as some of the news briefs are a little scattered and confusing due to translation. I think PM need to put there shareholders in the picture, a couple of shareholders have emailed PM, still awaiting a reply.

I have emailed PM so hopefully get some sort of reply, if I do will post here as and when.