Member Info for Manro

Hamm, I personally did not see till now any real support from the government . And that is why I am considering it as the most misleading statement which is in constant use by MB but never was confirmed in practice.

Yes, master82 but don't forget in this most disorganised country there are, as we know from the words of MB, a bit long but quite well organised EL granting process which company have to be followed. But during the passage of which we will feel and fully enjoy a strong and comprehensive support from Mongolian government and that is what is most important. Lol

persistent,
even if the news seems to be positive, but nothing strictly definite or exact has happened yet. Not to mention, the devil is often in the details which have to be discussed yet. So, stop flying and buzzing here.

Nobody knows the exact answer to your question Ojay, if only insect. Lets wait and see if it will respond behalf of its "outstanding" masters.

Yes, insect has no other choice than continuous buzzing anytime and anywhere.

gelston, yes you are probably a bit overoptimistic regarding £4.00. But I agree with you and strongly believe we are on the way of quick out of this SFO ugly investigation story. Fitch rating as well something that I wouldn't pay much attention. There is nothing new and everything has already been calculated and reflected in the current SP.

SFO not just absolutely useless but extremely harmful organisation. Where there are really criminals at the head of the company, and even when you officially inform them about it they do not pay any attention. I am sure they have their own goals, which are far from those objectives that are defined in their official status. I do not understand at all how it is possible to suspect and persecute a person or even entire companies for many years, and never to be punished for unfounded attempt to dishonour and humiliate them.

It's just amazing how the last RNS which is almost no different from all the previous stereotyped ones could cause such a great enthusiasm amongst even thoughtful investors. But the good news is that soon will be blue as it is already for me. Because such a great fluctuation allowed me get back more then 340K in exchange of 250K which I sold few days ago.
I can imagine what a great "joy" this post of mine will bring to some of my "well-wishers". Especially to the well-known insect in the arrival and the nasty buzz of which here soon I can almost guarantee.
Have a nice day all good guys. I am not quite sure but hope this story has a happy ending

bigbench,
What is wrong with you? Have you just left psychiatric clinic with no hope?

Something like a desert storm has begun again. And now you have to be smarter and take advantage of the fact that this is all just a sandstorm. And while the dust settles, you can play through a very profitable deal - sell right now and buy it back a little bit later and much cheaper. Let's see if I'm right or not.

aug59 looks like more than 6 years of waiting didn't teach you anything. Therefore continue to wait maybe one day it will happen.

Wotitsworth, I told Kurt to do so 6 years ago during AGM. But he replied will never act in such a nonconstructive way of confrontation or legal threats. And he will have a license in his pocket in a couple of months. So, if he had as much intelligence, honour and courage as his legendary father, he would have done just that long ago. Therefore the company, as it was, will remain in the ass, unless Kurt understands his stupidity and starts acting, or simply resigns.
And what is interesting even here my suggestion wasn't accepted by majority of shareholders. Only lbj was did understand the necessity of legal action and remains amongst those who know why the company continues to be in such a miserable state.

Ojay, I very wonder how far away you are from understanding my position. I would never invest in any company without being sure that I am invested in really good and prospective one. But investing in such there is always a catch either by incompetent, fraudulent or even frankly criminal management who have learned how to commit crimes and not to be taken by ass and putted in prison. Such examples, as you probably know, just a lot. You don't need to go far for an example because the Bergen deal alone was enough to understand this. Or do you really don't understand that all these sharp PM's share price rise, and then lightning-fast fall or even today's whole carousel around the EL has occurred naturally? And not as the result of the incompetence of management as at best, and not of precisely purposeful and pre-planned action as at worst? If you think that such actions are just random especially if they happen with potentially promising AIM companies, then you need to urgently get rid of your illusions. Because if your investments are decreasing, then they will certainly come to someone and, first of all, to crooks who have learned how to manage all these processes in order to rob investors with impunity.

Mr P
I am also glad to hear your singing again, our long-awaited nightingale. A bit too early for singing, but still, many will look forward to your frequent and sonorous trills, forgetting that they are stuck in a swamp and your singing does not help. But brings melancholy when you suddenly and for a long time become silent again. So, sing mate, sing, because it is the only joy here.

Ostraliamate, I would be glad if I had such a level of skepticism. If so I could have avoided and not invest a single penny in a company where such an "outstanding" CEO turned out to be the head. You had to be "a really outstanding" to drive into such a miserable state not just a promising company, but which has already discovered a fairly large oil field. Not to mention that this" high caliber professional "didn't even guess the presence of oil at Heron much earlier and start from it turning the company into a truly outstanding one. Instead of wasting time and putting PM into such a swamp without any knowledge when it can be pulled out of there together with our investments.
GL to you too, mate. Would be glad to share optimism but I am in big doubts that it could become reality at the nearest future.

As long as the meetings are virtual, the issuance of EL will also be nothing more than virtual. Probably, that's why your very capable and methodical CEO actually confessed that had no idea when it might happen.

Could you please respond to my question as well: how your "very capable and methodical CEO will be working through the process with the Mongolian government and participate even one of that "multiple meetings and discussions, multiple departments and people that need visibility"? Is your CEO not just very capable but superman who can do it sitting in Singapore?

Something telling me that the necessary work has not been done and there is not yet the package all of documents that are needed to go through all the stages of registration and issuance of EL. Otherwise and as I already mentioned only an idiot, who happened to be CEO, could be in Singapore today but not in Ulan-Bator. Being even not a CEO but just an official representative of the company with all the documents in my hands I would simply not have left offices of those government officials from whom a decision depend. This is why I am almost sure MB either lier and the necessary job do not completed or looks like an idiot, sitting abroad and even not where he is needed.

I am sure such a delay mainly caused either by arrogance such a "big calibre specialist" (who has very kindly accepted not a big deal offer and in so far away Mongolia) that of course should naturally enjoy all the support and even the privilege of not being present at his workplace. Or simply misunderstanding of his functions as a CEO and those tasks that are need to be solved in order to create really a prosperous company. And this is not at all surprising, because even if we assume that MB is a really good geophysicist, which, to be honest, I also pretty much doubt, does not mean at all that he can be a good CEO too. These are completely different functions, not to mention that there are people with the gift of leadership, and there are performers. Even very good performers and followers rare can be leaders, that's all.

Hi guys, delay has noting to do with Ghengis Khan and little with Mongolian government. There is no government in the world that is going to solve quickly and sufficiently any issue of the London SE listed company or even if PM had a double listing as some believe. The whole problem is the the management of the company and its CEO. The Mongolian government treats them exactly as any other would. You have to be able to work with any government for to be respected. And if you don’t come into contact with representatives of the bodies on which the decision depends, don’t understand their mentality but stupidly praise then would be treated with complete disdain. And that is exactly what is happening. And that is why if our CEO were really worthy and smart, then he would not be like an idiot imagining himself to be a strategist seeing a battle from afar, but would participate in this figurative battle. Moreover he could have no battle at all by simple contacts creation with the officials, among whom, by the way, there may be very decent people who are ready to help and speed up the matter. And not at all for a bribe always, but often simply out of friendly motives or other interests. And till such contacts will not happen then the EL issuance I am afraid can last unimaginably long.