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Hamm and some other clever guys please don't get too overjoyed. He has spoken the same old rubbish. The only different is that this time he has spoken a little bit more about some serious problems which he didn't solve and therefore didn't talk at all previously. But talking about such problems doesn't mean he will solve them. Therefore let's see what is coming next in just of few weeks time. When does autumn start and when as the wise old saying goes, “chickens could be counted:"

badprophet, it must have been own dream of this insect which now crawled back under its rock.

Hamm your post is excellent.
But I doubt that any of those to whom you addressed it are able to understand and accept your truth. Because they are just the kind of idiots who always cowardly refuse to face the truth and admit it or extremely naive. For only idiots after almost 5 years since the appointment of such a high-caliber liar and fraudster as MB could not notice that from the very beginning he started to hide the true state of company's affairs and mislead investors. Or that he did all this on his own and without the consent of Petrovis. In fact, this is one a single gang, which owning only 20% of the total authorized capital but controls the entire situation and pursue their own fraudulent goals. And ordinary investors, although they own 80% of the authorized capital practically deprived of any rights to control this gang. This is the reality in which we are forced to be today. But there are lot of idiots who, with surprising ease perceive such a reality as a theory, or rather a conspiracy theory. Apparently, only when they, like cattle, are finally driven into a stall and their only purpose will be the serving of their masters, they probably will begin to distinguish practice from theory.

Continue your Trust to Matad, Ojay. This is what you can make yourself happy with.
As for your personal opinion and comments addressed to me, they are showing your complete idiocy. As, only an idiot can waste time and respond to comments that he considers useless. And I'm taking them quietly because it would be much worse and even insulting if such an idiot as you suddenly began to praise me.

D1nger, I have very good knowledge what I am writing about and your completely illiterate response just amazed me. And even aroused suspicion, and whether you are one of those trolls who seem to write objective posts, but in fact pursue their own goals. And they appear exactly when it is needed and try to refute even the irrefutable. If you are not a troll, but a thinking investor, which for some reason I imagined you, then don’t you understand that there is not and cannot be a single listed company on the market without a founder who would not spend his capital on this? Without exception, all companies are placed on the investment market only with the help of initial investments. And sometimes in disproportionately larger sizes than Petrovis did.
And now the simplest question for you: do you think that all founders of such companies are honest and thinking how to promote and development them in honest and proper way? And there are not the swindlers or even outright criminals founders who are aiming to rob investors?

Dozzawba, have a look on today's situation in whole. Doing so you wii come to prime conclusion that the Petrovis is a prime structure which has created PM aiming as its main goal - to rob international investors. This is why they have hired such a crook as MB and began to advertise him in every possible way as a highly-calibered oilman. And as long as they can do it getting the oil will not be in any of their priority. Besides, getting more oil can make the price of petrol they are selling much cheeper. So, do they have any needs to be in hurry? Specially when investors' money is flowing in their pocket freely and without any of their own efforts.

Yes, Ojay continue to cray HALVA, HALVA.... , as loudly and as often as you can. You will eventually feel all of the sweetness and pleasure of your great 11 years investments. What a wonderful and unbelievable achievement, especially when there are losses and 0 return only. Lol

MB changes one troll after another, with the help of which it continues to fool investors with its trivial moralizing and false advice, and most stupid or surprisingly naive shareholders give them likes. It is amazing to what a level of recklessness people can reach, who become unable to even understand that time is one of the most priceless treasures on earth and spending it for decades patiently waiting for the growth of their investments is sheer madness.

Hi Eric, I'm well mate and wish you to overcome this endless and unpleasant situation. I don't what to disappointed you further but would KB a honest man he should never become a CEO a company with such a huge scale of project, because he just wasn't feet for it. Lets hope that during these 8 years he was able to learn something and will be able, if not to implement such a huge project than at least to find a partner. Who could either buy Kallak or agree on mutually beneficial cooperation,
All the best.

Brilliant post, lbjj.
Agree with you completely. Even the delay in granting a license became for him very desirable as excuses and cover up his absolute inability to implement such a large-scale project. He not only wasn't ready for such project, but even didn't expect to get a license. That's why he doesn't know what to do and has actually announced that nothing significant should be expected till at least 2024. Consequently, he will continue to manipulate the situation in his own interests, as actually all the mediocre leaders of AIM listing companies do without exception. Only way to get such managements accountable it is put them on pay as you progress. But ******* regulator reluctant to do so allowing such managements to steal our money.

You are absolutely right, master82. That is what ****ing regulator have to put in place as a rule, but reluctant to do that allowing managements to steal our money.

Its nice to see that at last more and more people here starting to realise who is this fraudster CEO and how he is stealing our money.
We must let him know that we will not tolerate his lie and deceptions anymore. And if he will not urgently change his ugly attitude towards the job and get some substantial results including this year Heron drillings than we will report to SFO about his crook activity.

curiouse,
Being unable to understand even manipulation and lie of your CEO, how could you get so well that the conspiracy is not at all a reality in which you live, but just a theory. Bravo you are genius!

Jimithebrush, thanks for posting this link but have you read what is stated in that article? If so, than be prepared for quite a long waiting - a year at least. Because this is what has written there: "The revised draft of the Minerals Law, which was debated in Parliament last autumn, was left without attention for some time. It is expected to come out in the spring session of parliament, but will be rescheduled for the autumn." Which means that our ****ing CEO - traveller have to be in his Mongolian office and alongside of Petrovis, work really hard with bureaucrats or resign. Otherwise even 1p can't be guaranteed.

Hamm has stated 2-1p. Wait it a bit and you will see it, don't worry.

I state many times here that it was paid troll but all of wishful thinking idiots didn't want to believe.

Ostralia, once more on respond to your and others stupid advises to sell shares I want to say : there are investors ready for losses and stay in and sheeps agreed to be sheared for wool but scared to be slaughtered for barbecue must flee. This is the difference between investors being able to stand up for their principles and fight against crooks and sheeps trying to survive. People like you may not even presume that there may be investors with millions of shares that they already consider as a lost. But keep them in order not to lose the right to fight against crooks and outright criminals operating in the market. Did you or others understand the differences now? I am not sure, but as Hamm keep saying have a nice day.

Thanks Hamm.
It's striking how many people here don't understand that any business requires the manager to apply all his strength and attention. And the more talented and sometimes even obsessed leaders are, the more successful the business itself. It so happened that I invested a significant capital in a very promising mining company Beowulf. And to delight of its investors company discovered in Sweden a huge deposit of high-quality iron ore. But 6 years since that this company's CEO has not been able to obtain an exploitation license. And what is interesting yet from the very first annual meeting I started advised him to take much active actions. But he reacted in such a way that he do not want conflict with the government. After that, another two years passed and it happened that there was a real opportunity to resolve this issue. Which about I immediately informed this CEO in the hope of his immediate respond. But, to my great surprise, he reacted such strangely that I sold my shares immediately and left the company . And when this year, that is, after already 7 years, the company was finally granted a license, it turned out that this CEO did not even know what to do with this license. And because he is completely unprepared to organise a mine the share price crushed from 28 pence to 4.25 pence today. But this CEO as well as our feel okay, why to be harry with mine or oil if even without it they can live in full prosperity for as long as they are tolerated by a lot of stupid investors. Therefore, the best option would be if such CEOs leave their posts. Provided that they are replaced by talented and loving their job professionals of course.

Well, didn’t I write to you yesterday about my 99% certainty that with this talker and swindler we will lose another year, and therefore our money too. Earlier he was talking everywhere about the huge support by the government, now he suddenly started talking about bureaucratic obstacles. But such obstacles are everywhere and they are often overcoming through the CEO's personal contacts and work with the bureaucracies. Apparently he thought that he himself could travel, and someone else instead of him would work with these bureaucrats. All in all, this is disgusting. However and no matter how insulting it is, but we all, in one way or another, deserve such situation. And especially those who not only lost the ability to critically regard this completely untalented and outright liar CEO but even praised him. Not to mention all the trolls who, like rats, are now hiding in their corners.

But I am almost 99% sure that we are going to be disappointed again. With old chatter about great work (especially when it was done remotely and simultaneously with his pleasant travels lol). Or his advance talkings with PC and others, not saying about usual nonsense how fine everything is going to be this time next year. And if this happens again then I am afraid that this company from the very beginning was created by its founders precisely for fraudulent purposes. In order to milk the naive investors as long as possible, who reasonably believed that there huge oil reserves in Mongolian Gobi which one day could be discovered and bring investors good return.