Member Info for master82

I think we are going to pump oil out just in time for the new refinery. Its all positive from now.

I was reading one of the posts from one of the environmentalist fews day ago and it. Mentioned next even in 14 days. So hopefully something should happen in few weeks.

Looks like nothing is going to happen this year.

I can't believe it's July and we are still waiting for clarity on how they are going to plan this year. MB said he was confident to get licence end of 2019 still waiting 7 months down the line.

I'm not deramping. I'm and investor here my self. I'm just saying we need to be in clear picture with what goes on with the company. This is a big thing which affects our investment.

Petro matad appealed to the police to hold the company accountable
2020/07/06

Petro Matad appealed to the police to hold the company accountable
Petro Matad, which carried out illegal oil exploration in Matad soum last year, has been strongly opposed by aimag and soum authorities, as well as citizens and civil society organizations. As a result, the Aimag Governor issued an order to forcibly vacate land A / 600 in 2019, and on December 11 of that year, Matad soum organized the land acquisition. The governor of Matad soum, E. Tumurbaatar, said that the company would conduct an environmental damage assessment and rehabilitate Petro Matad. Matad soum has appealed to the Dornod aimag police regarding this issue. In particular, Petro Matad LLC was investigated and prosecuted for environmental crimes under Article 24 of the Criminal Code.

We need transparency, whether the news is good or bad. Keep having to get news from local news agency. By the looks of thing the locals are against PM and the National government is supporting PM. No idea where that leaves us.

Is it taking longer because there's a case against PM. About '' environmental crimes''

Why have some posts disappeared today.

Australian oil and gas company, Elixir Energy has signed a non-binding Memorandum of Understanding (MOU) with Mongolia’s fuel retailer, MT Group to develop a small scale LNG (SSLNG) facility in Mongolia.
Both the companies will seek to develop the SSLNG facility that will be supplied by the local coal bed methane.
The LNG facility will be used to deliver fuel to the South Gobi region’s large coal trucking fleet.

I wonder if elixir energy is a company MB was talking about when he mentioned other explorers. They discovered gas recently near the Gobi desert.

After reading the rns, PM is only waiting for good news. The only downside I can see is fundraising which is in my opinion still a good news for the company to move forward. Can anyone see any thing differently. Even the clock has been STOPPED For PM which is massive news in it self.

This clip will put a smile on the LTH here.

https://www.youtube.com/watch?v=ZtqhB7zj88U

http://cdn.eagle.mn/uploads/userfiles/images/pawsu7_Photo2_x974.jpg

Petrovis group company's Nick and petrostar companies have been awarded in top 100
eagle.mn 2020 06 03
Mongolian government and mncci co-Mongolian National Chamber of commerce and the top 100 companies, was organized the first time in the first time in the 19th year.
The audition will be listed based on the official news Thailand, such as the ministry of finance, customs, tax authority, general authority of social insurance department, state registration and statistics department, and the 6th Bajsan Nick LLC, 33 Bajsan Petrostar LLC has been selected for the previous year's success.
As the most important indicator of the audition, Nick company has been selected as a fourth bajsan and petrostar company 21th bajsan, these companies have contributed to the state tax income.
The Petrovis group has been committed to more than 380 fuel distribution stations, providing reliable and operable and operated by more than 2000 employees, and operative materials services to the economic development of Mongolia. The prestigious audition has been announced every year in a row.
All this achievements are the closely related to our customers and partner organizations and our colleagues are inseparable.
Thank you to all of you dear customers, partners, partners and all employees who are working together to contribute to the development of our country's social and economic development.

I wonder if RKH has anything to do with this. their prices have shot up at the same time as Matds.
Any one know if we ever had any thing yo do with rockhopper in the past.

Looks like there won't be any news. It's been months and no clear plan . Looks like we're all in trouble.

Government Intervened to let PM carry on. Sorry for separate post

If PM are promoting Mongolia then they must have some support from government. Also last year when the local governor stopped the drilling it was government who

"Jerry Smart our Exploration Manager will be speaking at the Global APPEX event on the 4th March about Mongolia and its exploration opportunities."
Lets hope we get some information rom him next week.