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Hi Dozz, I did the same a month ago and got a similar respond but I not sure that they can't influence on this absolutely disgreicful if not criminal acting of MG. Such outrage delay in granting LP has no any other reason than to rob foreign Investors and I am sure we have to inform SFO about this scam, specially if MG going to drill Velo before getting LP.
What do you think?
GK, if "there is no rush to get the land use licence" than drilling Velo will simply be a spit on all foreign investors. And if this drilling is going to be successful, it will mean the end of the company itself. As it will be delisted and put into the pocket of all the corrupt bureaucrats of the MG, their henchmen like Petrovis and the so-called CEO MB.
It is better to doubt something than to believe without reason. But, a complete loss of faith in the best, and even more so a constant stay in the negative position is much worse. After all, there are so many important things in life that we can enjoy, instead of being in a constant trance due to possible financial losses. Especially since these losses are recoverable, and life is one and fleeting.
So stop and have some rest buddy.
As for MrP, the nightingale, and now it’s spring, that’s why he is flooded with endless trills
Growmorecash,
What made you suddenly think of me? Don't worry or compare me with you buddy. I continue to follow developments closely, but I still don't see any basis for such a great optimism that many here, including you are subject to. Moreover, I do not rule out that the MB may go on a new adventure and start drilling Raptor having no LP for Heron. As one of the far-sighted shareholders correctly noted, this would be a suicidal. And I am tend to agree but with the amendment: it will be a suicidal in relation to LTH, and not corporate. The oil, as it was, will remain in Mongolia under the control of Petrovis and the robbery of British investors will be a very tasty morsel for all them.
and to start drilling Velociraptor in such a crazy situation when the company is deprived of the opportunity to start production from an already found source at Heron, will not just be complete idiocy. But another outrageous scam and theft of investors' money.
Bowley, how can a fake, empty talker and bum CEO be honest? A slightly self-respecting one, even more so of the British, has long fulfilled at least part of his promises or would have resigned. It is strange how many LTH do not understand or don't want to admit this obvious fact.
"I feel he believes we little investors shouldn't have the audacity to question him" - absolutely Dozz and that is why instead of holding the AGM in London, where the majority of investors are located, he seems to be holding it in Ulaan-Baatar. Although no one knows for sure where he was then or even where he is today.
And even if a LP is issued at last it will not be done thanks to the efforts of this idler. But rather thanks to our sounded alarms and contacts to the British and Mongolian authorities to this ongoing disgrace. In addition, I'm not sure that this chatterer even having LP will start drilling Heron. Most likely, he will start gamble drilling Velociraptor and then, having failed, will make a new placing in order to rob investors again for drillings Heron in April-May 2024. I would really like to be wrong, but something telling me that this is what can most likely happen.
lbjj,
Yes, you are right. And I am almost sure that it was a scam from the very beginning when Clive S-P was in helm. I have even written a comment about it just after his leave. Therefore Clive has leaved and been replaced by KB. The only question is if KB has had a knowledge of the scam or main shareholder at that time has just used him as an idiot?
Hamm,
I'm glad that you've returned to your previous sound position, both regarding the MG and this chatterbox and idler CEO. Who doesn't care what he will spend our money on and is ready to continue his new risky drillings and leaving PM as an search company instead of making an oil producer, taking the business to a much higher level. Therefore only by increasing the pressure on the MG, this inappropriate CEO and all other organisations, including the British Embassy in Ulaan Baatar and even the Mongolian Embassy in London, we can get the LP.