Member Info for master82

When are Alba expecting results

Any idea why this is exploding. Not been here for A While

Not long Before the 3rd quarter ends. Let's see if we get any news at all. Makes you wonder how They run their country.

Any experts who can tell us about raising money. Is it difficult to raise the amount PM requires 10-15 million

I was in here at 0.36 and for some stupid reason sold at 0.46 and pumped my money in to another oiler and been stuck in there ever since loosing plenty of money. I wish I stayed here. Would've been a millionaire

The one thing that keeps me here is, we have found oil very close to producing field and its easy enough to get the oil out and start making money.
Let's hope we're ready before the refinery is finished.

We're just going to have to sit and watch our money devalue. Nothing we can do. Too much to loose. If it was a small amount I would have cut my losses and gone.

I can see PM still not having licence even next year. The progress is very very slow. Its almost a year since the licence was applied and they haven't achieved much.

The paperwork has been an issue from the beginning.

MB planned it wrong due to not having the right paperwork. Business sence would tell you drill near the existing production field and do not chase the wildcat drills.

Why is is Taking sooo long to Sort the land issue it's been going On since 2018.
No wonder we are not attracting any JV Partners.

Local election on October 15th

Does this mean more delays

I don't think that it Is sorted between the local Government and national government. At this rate the oils going to dry up.

Looks like this year is definitely wasted. MB shouldn't make promises he can't really keep. He said licence by end of 2019. It's almost end of 2020.

Has anyone ever looked at google earth and see how close we are to PC big oil field. Check it out and see what sort of potential PM has.
PC has has plenty of wells only Less than 15KM from PM . Their field then extends further north of the Toson uul XIX facility .
Search for Toson uul XIX on google earth if anyone is interested.

(All the circles are the wells) they are linked like spiders web.

Both Petro Matad and Petrovis are members of the council.

TODAY there was a Mobicom Corporation LLC and Mongolian Business Council organized '' knowledge sharing session '' event to distribute knowledge to entrepreneurs.
In this event, Mobicom Corporation General Director Tacuya Hamada '' leading change '' or '' change '' subject, CEO of Mobicom Netvorks LLC. TS. TS. Idermunkh has given a presentation on the topic of '' Electronic Environmental Safety Protection Policy '' and answers to the questions that are interested in the event.
Then a innovative topic in this event was a robotic process automation (RPA) or robot process automation. Deputy Director of finance and finance of Mobicom Corporation LLC B. . Robot Process Automation has shared their experience on how to simplified the financial registration work as a result of the financial department.

Maybe this has caused the price to go up.

Is there any sort of development

PM have been doing exploration for more that ten years. They managed to raise millions along the way without oil. Now they have oil, people are talking about it going bust. Doesn't make sense.