Member Info for master82

Looks like no oil this year. Absolute joke . Simple paperwork is turning out to be a nightmare.

5 years and millions wasted and still no go area.. very good support from MG

Wise. Do not listen to our Billy bull CEO.

Every single interview he will say we would love to do this and we would live to that.

He said They like us to be producing this year but that's not possible. Why don't you just wait and find out.

MB is full of excuses.

MB is brushed to one side because the man is never there to shout about his company. He does couple of interviews a year and Job done.

After spending more than 100mil in Mongolia PM is still not a player.

MB is 100% wrong guy to lead a company which has so much potential.

You can't be a part time CEO and expect everything to fall in to place.

You need to get out and make yourself heard.

July was cutoff point for bringing heron online. We can all forget oil this year.

MB is still chasing paperwork and not even got contract signed with PC. Which is puzzling because surely this needs to be done before we start working on heron.

I've never said show aggression. I've always said offer them a deal because that is what the locals want.

It's a poor country and bit of help would go long way .

I said take the government to court as they should not be giving PSC on land they don't have control over.

How is saying replace the CEO crying like a little teenager.

It's a good proposal. Our Problem is Our CEO.

I want PM to succeed more than anyone. But with the attitude of our CEO it's a struggle and the market says it all..no confidence in MB

And how is Mb trying his best when he is not even in the country.

What a joke.

Check every single interview and he is always in Singapore. Rarely he is Mongolia.

If there was a problem at local government then PC would be shutdown . Real problem is MB . He insulted the governor by taking him to court and lost the case .

MB was wrong to do that as he had no legs to stand on.

He should have gone to resolve the situation himself and not let his pride get in the way.

Different cultures have different ways of dealing with situations.

He could've sorted this problem very earlier on . He will only face more problems along the way if he remains.

Better to strat fresh with new CEO and new beginning.

I will not sell. This is the perfect time to change CEO as he has failed miserably and we need someone who can take it to production level and fast. Not make excuses.

Why has he not been able to sign contracts with DQE or PC facilities .

He has had years .

If you don't see the real problem then we are all blind.

MB is our problem..

He can not communicate with the shareholders nevermind the ministers. He is not even in the country to sort the biggest issue his company is facing. How irresponsible.

And do not tell me to sell. I probably have lot more shares than lot of people here.

I know it's hard to digest the facts about MB. But he has lumbered us in to the current situation. If it wasn't for his stupidity and lack of negotiating power we would be making millions by now.

I've been a lth and,I can see where the problem lies.

Shareholders need confidence not we might and we would like to and we are progressing.

We need clear cut information. Not we have enough money then boom raise at 2.5p

We are talking to big boys and then nothing happened .

MB has had his chance . He has not done anything which you can give him credit for.

He has lost money in wildcats .

What has he achieved is 5 years is a weeks work.

History has played a big part in today's situation.

The longer MB remains the more excuses he will come up with .

Not a single contract has been signed with any of the companies that PM will be dealing with. Why?

In his 5 years can anyone point out 1 thing he has got right.

He keeps blaming government but he was the cause of the Current situation.

I Don't trust this guy to lead us to next stage.

He just doesn't shine.

Just check other companies who have started in Mongolia after PM and they have started producing gas .

We are where we were 4 years ago. Besides EL nothing has progressed..

MB can't be a hero for solving an issue that was caused by MB.

You have to go back to 2019 to realise MB is the problem for PM. PM had no issues prior to MB taking over.

If MB goes someone else van go and talk to the local governor and offer a decent deal .

They can start a new page. Which is what this company needs.

MB is even useless at negotiating with other companies . Nothing has been signed at any level.

He's been saying we are at advance stage for years.

People here are not getting it. He has got us in to this position in the first place.

He was the one who started drilling without permit and on top of that he took the local governor to court.

It's not Mongolians fault it's all MBs fault.

BAD PROPHET. which part of my posts are extreme..

I am only telling exactly the way things are with PM. .

Who do you think is to blame for the LP in the first place.

Why has he been sending minions to resolve such a big issue.

Just check Facebook posts .

MB should be present when talking to locals.

Tell me what gives us indication that he is the right man.

He clearly is the wrong guy for PM.

MB should 100% resign.

He has wasted millions in wages when they were not even active.

He has spent millions in chasing wildcat drills.

If he desperately wanted LP problem solving he could've have sat down with locals and offered them good incentives and resolved the issue, instead of wasting shareholders money on paying sleeping staff.

Can you imagine offering 2 million to locals they would've been made up. Instead he has wasted approximately 7/9 million on wages.

Not a single achievement in the past 5 years.

The best thing that can happen to PM is MB to resign and let someone who knows what they are doing takeover .

No right person would ever employ MB to run their company.

He has had long enough to prove himself but has been total disappointment.

He has had no JV signed and completed

He has no luck with exploration

He has no luck with PC facilities contract.

He has no luck with LP

He has no luck with promoting the company

He has no luck with communication with shareholders

He has luck with raising money at very cheap price and has awarded himself and other useless employees with shares they do not deserve.

MB has decimated the SP

I recon he will come up with multi well program next year and he will right this year off.

We have all waited 4/5years with very little progress and are getting frustrated waiting for some paperwork.

It is all MBs fault that we need special purpose licence so there's no way you can back him up..

He should've got all the permits before drilling. He was not competent otherwise he would've done it before going out there drilling.

Nothing has changed since last year.

Same old interviews and same old news.

No progress has been made this year.

Still waiting for the LP which should've been here months ago.

Why was the CEO not in Mongolia where he is facing a huge problem. He should camp outside the mpram office until LP is in his hands.

Not fk off to Singapore