We would love to hear your thoughts about our site and services, please take our survey here.
A few people only, and in particular R. Bowley, are clearly aware that PM and its investors knowingly and deliberately suffered huge financial damage caused by corrupt officials of the MG, as well as crook MB assisting them by constant lie and coverup information from us that was required to be disclosed. And if so, then we, being investors / co-owners, and not some kind of humble and silent sheeps, should unite and go to court, demanding to punish all these criminals and compensate our losses.
Thanks Richard, I will contact you.
And you are right filtering that paid troll.I did it at once after reading few his comments testifying that this is written if not a fool, then MB's paid troll for sure.
Good to know about your decisive action Mr. R. Bowley. Will be glad to join you in similar fight against the crooks stealing our money invested in PM. Please send me your e-mail via Skype: fortune923.
Doc, where did you get the idea that China is one of the two most corrupt nations on the planet? Have you never heard that corrupt officials are shot in China?
Dozz, you are a sober-minded person and havenโt you realised until now that the biggest obstacle is MB-loafer, who has turned into a virtual head of the company and sitting in Singapore, imitates violent activity by empty chatters. Well, please tell me why he needs to bother himself with some of big and complex issues related to oil production while sitting at home can robe investors and other borrowers and engage in such a special and very exciting type of gambling as drilling oil wells? In the hope not only instantly get rich, but also a status of the greatest oiler who has discovered in Mongolia unseen before in the world oil reserve.
Therefore this adventurer is the main obstacle to the smooth and natural transition of the company to oil producer. Moreover, and the most interestingly, this suits everyone, that is, those who will not allow to start of production without a bribe, and those who do not want to give it until they start producing oil. Therefore, it is necessary not only to remove the MB from this post, but also crash down this equilibrium state by every means of external influence. In this regard, I welcome and very pleased by active actions of Bowley, as I'm myself doing the same.
I don't want to offend someone but Its seems to me that needed to be a complete idiot to be unable understand that more than 6 years the company is run by a complete liar and swindler. It is hard for me to imagine that anyone else in his place, even having no leadership abilities, but being just a self-respecting person, could create such an ugly situation. He was unable not only start making money but even establish proper contacts with various levels of officials. For to explain and prove what a colossal funds are being lost and not by PM only but everyone who are engaged. And the construction of a refinery has nothing to do with it, since the country's budget is in great needs of these funds. Or even to pay for the supply of petroleum products from Russia. Its a shame when such elementary things are not understood by all of those who are involved and are busy not with the wealth creation but insane losses.
Because so many investors here prefer not to see his obvious discrepancy for the position and for some reason continue to believe that he can achieve something serious and even enrich them. Isn't it clear that such a completely worthless CEO is imitating violent activity just for to be at a good feeding and will live off investors as long as he will be allowed by hosts who have appointed him? A worthy leader, would never started to lie so frankly about the huge support from MG but at the same time continue to be unlicensed and unable to start production for 5th year. The sooner he gets away from this position, the sooner it will be possible to get PM and investors out of the hole into which this rogue drove everyone.
And completely meaningless interview. Moreover here is clear confirmation of his absolute failure as CEO. Instead of stating the main goal and telling what exactly he and his team will do to achieve this goal, he lists over and over the same and well known reasons that drove the PM into a state of complete stagnation. And although he admits that the company is in deep ass, he explains this not at all by the fact that he and his team are loafers who are criminally neglected their official duties. But because of the provincial officials who are in no hurry with the implementation of government orders. Even the very purpose of this interview is completely incomprehensible, which tomorrow will surely turn into a new SP fall. Most likely he knows that this year will be wasted too and this is why he gave this interview. It's a real shame and only.
You don't have to wait until the end of the year. Such a high-caliber liar as MB has no shortage of various reasons for his irresponsibility and idleness. So, soon he will announce the most compelling reasons why another year will be lost and why it is necessary to wait patiently and continue to feed both him and all the idlers of his team. As, they are going to make shareholders, at this time next year, the same millionaires as they are now thanks to you.
I do not believe that this talker and idler who became CEO for a carefree life, by robbing gullible investors will start extract an oil this year. Why does he need to work and do so, if he can live for his own pleasure without even depressing himself by obligations to stay and work in his Mongolian office, and not live in Singapore or travel? And the drilling of wells for him is more like gambling, and not a painstaking business that requires serious mental and physical effort. And the LP, which was finally issued, was not his merit but rather the result of investors who began bombard all of governmental and other bodies, both in Mongolia and in the UK. What kind of respect for such a CEO can we talk about if he has already reached the point that even began to hold AGM not in London. Perfectly knowing what extremely unpleasant questions he would have to face and be forced to answer. Therefore, I personally think that this slacker will definitely find some new reason to postpone oil production to next year, and then till the commissioning of the refinery.
No, few metres, buddy. It was just few centimetres as our such an high-caliber petrogeophysicist CEO couldn't be so far from the oil. He will definitely chases gazelles again and get one of the biggest amongst them. Lol
"What do we need is a comprehensive RNS,"
Yes, Notpleb a true leader and a self-respecting CEO should have done exactly this from the first day of his appearance in the office. At first I even thought that he was capable of just such strategic thinking and could turn PM into a solid company if only oil was found. In fact, it turned out that this is just an empty talker who, even after oil discovery, was only capable of bringing the company to such a deplorable state in which it is now.
It remains only to hope that interest to the company from some influential Mongolian officials or large foreign investors will begin to grow. Which can increase the level of requirements for the company's management, and hence its gradual exit from that oppressed and feverish state in which it remains almost constantly.
Finally a broken clock - MB showed the correct time. But, there no reason to get overexcited. Yes, SP was already much higher than today's just in May and without LP. The real achievement for the company will be if MB does not lie again and starts drilling Heron this year, as he promised, turning PM from an explorer into an oil producer. If this promise is not fulfilled and another year is irretrievably lost, then all this growth today will be blown away like a burst balloon. Not to mention all of the negativities if drilling V turns into dust. Therefore, the key to real success, as well as the value of the issued PL, is to immediately resolve all issues and start drilling Heron just this year.
Absolutely curiouser,
On the corruption, as it can be seen even with the naked eye, the entire vertical of power in Mongolia is based. Exactly the conscious concealment of this fact and constant false messages from MB of huge support of the company by these corrupt officials has leaded to this ugly situation when this simple issue is still not resolved. And will not be resolved until the yellow envelope is not in the hands of the person on whom the solution of the issuing LP depends.
As nothing has changed and Pantheon still has huge assets. What has happened it's just a simple evidence how wrong the market can sometimes be, especially in the short term. It's perfect time to add and enjoy inevitable and significant SP rise. Those who did not listen and sold will now constantly whine or write negative comments here, instead of jumping into the outgoing train at least now. Unless, of course, you have not forgotten how to jump at least :-))
Vikinglass, Heron did not leak because already in advance it was clear that there is an oil as it was the same oil field where Petro China is operating.
V1 is completely different area and leakage will be inevitable if there is a big discovery.
Don't panic, nothing has changed! Pantheon still has huge assets. What has happened it's just a simple evidence how wrong the market can sometimes be, especially in the short term. It's perfect time to add and enjoy inevitable and significant SP rise.