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What a "great" comment. What you have smocked, buddy?

Very good comment Landicaamans. Thanks.

But what about a leakage directly from the drillers, mate? When is that usually happening, especially if it's a huge discovery and oil rushes up to the sky? :-}

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.

Putin's criminal Russia rotten from corruption, is becoming weaker and weaker, and very soon the day may come when it collapses. The sooner this happens, the better for the whole world and especially for Mongolians. For whom this will be a good lesson to distance from huge Russian influence and overcome the similar corrupt power vertical.

If so, than start to do the same BP.

It will be much more effective and good way to use your energy than every day write here a lot of comments, even if they are truthful.

I didn't expect such stupid questions from you, BP.

No, we are not related but I very much like what has written by Hamm.

It is really clever to fight with this Chinggis Khan gang and spread the truth about the crime they are committing than miserably sit and wait till they will robe you completely.

Bravo Hamm!

Where is he?

He is in his chair, tirelessly working to build on the operational, financial and commercial capabilities of the organisation 🧐😁

Iamrich, wouldn't it be better to learn to think and find answers to your inadequate questions than to laugh constantly? If you are not capable to think then try remember the simple truth - constant laughter and clowning often leads to disastrous results.

All idiots have one thing in common - they laugh even when it's not funny at all!

Besides, we'll see who has the last laugh!

Spot on BP, agree with you.

As a person knowing very well the procedure for working in the Council of Ministers of a number of post-Soviet countries, I don’t understand at all what it means when a ministry, and, in this case, "The Ministry of Construction and Urban Development has completed its internal work and has submitted the documentation to all other government ministries for comment prior to submission to Cabinet"? Submission of documentation to all other government ministries for comments should be the office of the Cabinet of Ministers, but not a separate ministry. The main functions of any ministry are precisely to express their point of view on the most important issues and present it to the Cabinet of Ministers, and not to other ministers for comments. And this is a strong evidence that suggests that the MB is either a useful fool that the Mongols use, or he is the same swindler and together they are trying to make fools of all PM investors. Coming up with various idiotic reasons in order to delay the issuance of LP as long as possible in order to finally rob, devalue and swallow the company.

How in the USA they could know so fast that LP was signed in Mongolia and will be granted tomorrow?

Only their intelligence service could work with such a lightning speed? 🤣

Iamrich, in order to understand my position, you would have to be not a co-owner, but an owner of at least a medium-sized company with millions of turnover.

But, you obviously weren't, so please don't teach me the wisdom of business and the principles of running a company. The true leader is this fighter, who must be able to fight for his company and win, otherwise he will inevitably lose it. This is exactly what MB has been leading company from the very first day of its appointment. Who for the fifth year has not been able to solve the most primitive LP issue, the solution of which, by the way, has nothing to do with pandemic.

I don't like many of master82's comments for his unfounded optimism and lack of any criticism of the MB but fully agree with his today's ones. Especially with the fact that we are again in the dark when the next cabinet meeting will take place and what actions he is taking "to conclude this process". After all MB must understand itself, and therefore bring to the attention of all members of the cabinet that many years of arbitrariness and delay in resolving the LP issue has already led to enormous financial losses for the PM and its investors. And if so, then everyone who is guilty of this arbitrariness can and should be held accountable and the inevitable payment of huge amounts of compensation to the company must follow.

Who have retained self-respect apply to the Financial Times with a collective letter and propose to publish an article about all this egregious arbitrariness and crime that is being committed by the Mongolian bureaucracy at the highest level. Enough to tolerate of this arbitrariness which actually made the company and its investors hostages, who have not been issued permits for oil production for five years now, completely ignoring the colossal financial and other losses that this turns out to be for us. Our further inaction and helplessness can only lead to even worse consequences when the company they will simply bankrupted and hand over to other swindlers for a pittance and we will completely lost all our investments.

Everyone who agrees with me please respond so that we can organize, if not a physical meeting and acquaintance, then at least a virtual one to agree on the text of letter and collect signatures from those who are ready to sign it.

Guys, I think we need to make not just a bit of noise as Hamm has suggested. But start constant noisy alarms and periodically turn on the siren, putting the pressure and exhausting the nerves of this whole gang of crooks from Petrovis fused together with the corrupt Mongolian bureaucrats and a highly calibrated liar MB. Otherwise, we will lose all our investments. Please remember this last warning of mine to all you and do not say later that I did not warn you!

Bowley, good point which needs to be clarified and used against these gang too.

Hamm, yes most of us in red and we are going to lose most or even all of our investments if we will whining here instead of acting. We have to continue bombardments by our letters not only all of MG departments, media or British Embassy but through all other foreign Embassies too as there are not only British who have invested in PM but others too. I would even suggest to make collective appeal to the Financial Times and ask to publish article about this shameful arbitrariness and criminal negligence of our interests and huge financial losses. If needed we can even collect money and pay for such publication. We must shout loudly and to the whole world about this shame and disgrace everyone who is responsible for this crime against investors, and not wait until we are all stripped to our underpants!

Hamm, there is a simple answer to your "5 years past and no LP/ SL! - How can all these to be justified? And that is HELPLESSNESS all of PM strange investors and specially those who have completely forgotten that they are co-owner of the company. MB will never pay any attention what such investors are writing here as he perfectly aware they can do noting besides whining and whining ad infinitum.

If you have not lost the ability to think critically, should finally understand that we all turned out to be akin to fish swimming in the AIM ocean. Which were caught on their hook by crooks from Petrovis, in collusion with corrupt MG officials and with the usage of a British worm MB. And it was a very well-coordinated action based on the widespread advertising of this worm as one of the most prominent petroleum geologists in the world on the one hand, and the constant lies from the worm itself about the supposedly huge help from MG to the company from the very first day of its appointment. Therefore, the only way out of this situation can only be our unification into a single powerful whale, which should try to sink the boat of these Mongolian crooks along with their highly calibrated parasite. Consequently either we will all be devoured with giblets, or we will be able to sink them and try to return at least part of our investments.

Such pressure on the MG is possible. But only with even stronger pressure on the parasitic BOD of the PM headed by MB. We can do it by stoping any further purchase of PM shares. After all it's us who have made them complete parasites living a luxurious life, despite the fact that the company and therefore they themselves do not earn a single penny in a decades. Parasitism of this management has been going on for five years already and during this time colossal money has been irretrievably lost not by them, but by us investors. And as long as LTH, as well as newcomers ready to invest, do not stop feeding these parasites and start boycotting them, nothing will change. Therefore, a complete stop buying shares is the only way that can force these crooks to start working and make a profit, instead of continue to parasitise at our expense.

Badprophet,

My answer to your question is YES. I will continue to believe not in the company, but in the fact that there is a big oil in Mongolia which can be discovered, but only by a really team of high professionals - explorers and managers pursuing their business goals. Not how rob the main partners entrusted them their hard-earned money. Therefore, the first thing in any business is the goal, then the choice of a partner you trust. If they are honest, then failure and loss of money, although it brings grief, but not that anger or a feeling of disgust when it becomes clear that under the guise of a conscientious leader and his team there are the thieves and scoundrels were hiding.