Member Info for master82

Mining minister in an interview.

J. Ganbaatar: There are no investors for oil extraction

Oil needs to be extracted before the refinery can be put into operation.

The question we all need to ask is what do the provincial government want. Why are they not giving access. Nothing to with land law.

Look at the paperwork posted by the activists. It clearly says they want to benefit from the oil and not get shafted just like PC has done with them.

All the hassle and no benefits.

Give them money and you will access with in 24 hrs

Having respect for answering my questions doesn't make him a good CEO.

He still hasn't managed to resolve the land access.

You can respect someone doesn't mean you have to agree with their ways.

He answered my questions so I respect him for that.

100%of nothing is nothing.

Wonder why we haven't had the approval yet.

Mongols got nothing to loose. We on the other hand have. The power is in their hands.

Why pay useless team millions when they can not resolve a simple situation.

You can say what you want but money talks . This is crying out for money.

Did you not read the message from 2022 meeting.

They will oppose until it benefits them.

As a good business man you would come to some understanding with the locals. He has just wasted 10m on wages and counting .

Look from the other side. A foreign company is going to take the wealth away and locals get peanuts.

Just like some of you hate foreigners coming to the UK and making money, they hate foreigners stealing wealth.

This is a business deal nothing else.

This is my argument regarding the management. Why has it took 6 years to convince the activists that PM is a nation company.

Is it because shareholders in the UK are now following the activists and finding information which is held from us.

This issue can be resolved in matter of weeks.

Throw money where it matters..

£200k is a joke to make a deal on oil worth in hundreds of millions.

I tried to get info out of the district officer. But unfortunately he wouldn't give anything away.

He said "I don't know you, ask Pietro Matt himself". Which is fair enough.

I'll keep trying slowly. I don't want him to block me

Good news is the activists most likely not target PM. I managed to communicate with one of them, I asked him what is the situation with petro matad. his reply was.

"We do not include national companies"

For those who think this is not about money. This is from 2022 meeting.

The issue was not supported by the Provincial Assembly, as the "Petromatad" company, which intends to extract a large amount of land from the land of Matad Sum for special use by the state, and oppose the government's policy.

We will not support oil extraction that does not bring returns to my country. Will continue to resist.

You are new here wos. You don't know half of what billy bull has been spouting .

Go over his interviews over the past years and you will realise he is hot air. Hes to tired for this game .he has no clout..no real ambition..he's made his money and probably want to go home and live a happy life.

Wos. You must not be all there. The local news positive news . Doesn't miraculously make the management good..

How hard is it to resolve one problem..how the hell are they going to run a company if they can not resolve a simple problem..

Good CEO would go and meet the locals and resolve the situation. Has he done that..have you seen him in Matad soum in the past 5 years. He is either in Singapore or in Mongolian capital .

Good CeO would be at the front and not hide and dictate from the back.

wos. how is that relevant to me criticising the management for releasing last year's new.

**** management good prospect.

me sharing info doesn't mean i have faith in the management.

i share so people know what's going on.

the locals supporting pm doesn't make the management good.

theres only one way to resolve this situation. either new management or new approach

Doc you are a day trader. You are only here because your in red. I was in huge profit last year but still didn't sell.

You've bought and sold few times.

Do you think MB is a good CEO

doc . you haven't done your research. i've said it many times. mb went in drilling without the permit..it's simple as that. nothing to do with land law.

if he got permit we would not be in this situation. will you risk building an extension without planning from local council..same ****.

either we have clueless ceo or he did it on purpose.

the failure to get permission from the locals before drilling has caused this situation nothing else.

mb has a chance in 2022 to negotiate but he failed and they rejected it again.

Do some deluded people this comments on here brings the SP down and takes it Up. Wake up .

SP only moves on news. Good or bad..

Management has had enough chances to change this situation. But they have failed..6 years is long enough.

We all thought this would be finally sorted over the winter. But guess we will have to wait until new CEO takes charge.

No idea why he hasn't been fired by petrovis is beyond me

Doc pot calling kettle black.

I've always been critical of the management.

Excellent prospect just useless powerless team..

No passion at the management level.

Land protection s just an excuse. pC has hundreds of well few miles away from PM . They have few well on the border of PM Block too.

It's all about money.

Do you want me to post why they refused . I'm sure I've posted it many times. But stubborn MB would rather waste money on wages then to help the locals.

100% of 0 =0 this is what MB is lacking to understand.

Better to make 60% than nothing.

I would not even throw a penny at this knowing MB is incharge.

Wos we are allowed to criticise the team for releasing news from last year. We don't want to know. They need to target the locals not us on twitter.

No local Mongolian will understand English.

Why don't you stop attacking people instead concentrate on your investments.

I will criticise MB and useless team as they are useless.

This year money wasted on wages will be 12m . Can you imagine what that would have done to the locals. You could have rebuild the whole of Matad village.

Go and put a better offer . How else do you think it is going to be resolved.

Do you think this is not about money.

Do you think Mongols just want to keep the land.

Do your research on Facebook and see it's just about money.