Member Info for master82

Where is the guy who was saying 2p placing couple of days ago.

I emailed PM few days ago regarding land permits . I got a responce back this morning to say they have land permits. Let's hope we get exploitation licence quick enough

I am sure it doesn't take this long to get land permits and negotiate with other companies. I emailed PM few months back and they said they had all land permits and then in the last interview MB said we are still working on it. bunch of liars.

We all need to email them and demand answers. It's ridiculous to lei to investors.
Remember the land issue has been going on since June /July last year.

I think PM just needs to agree to help local community and no one will oppose. I can't see PM arguing over helping the local community. The local representatives voted in favour of PM few months ago. Its all just taking forever for PM to sort stuff out. Big month will be March. We should get something back. Yes or no.

It doesn't make sence for them to award shares to employees before any Placing. Unless they have got better option to raise the funds.

Just wondering what people think the SP would be once the news arrives?

I think PM is suffering with land permit due to PC not contributing to local economy and environment over the past so many years. Now the locals are not happy about it that another company is going to o the same . Plus PM did not get permit from local government and took the local governor to court .So its little awkward for them to give PM permit straight away.

PM still do not have permits. Its been going on since last July. Unbelievable

I don't understand why MB gave that last interview. It has only bought the SP down.There was nothing new/positive to inform the market.
He has been confident for so many months but no achievement . No funds secured or permits.
He was better off not giving the interview . I think the SP would have been lot higher.

http://jaran.mn/i/2459?fbclid=IwAR2-aLzYGrXxJU0QbzFo2GxVhVinauSSFk4fRcNNezspmepBxkSROaW0ffk
Link you asked for Flashy500 . Use google translate.

Im only sharing info to keep everyone informed. I think everyone are on this board to share views and info.

Of course local stuff matters. They stopped PM from drilling Heron last year. Last week they stopped PC from transporting oil for few days until they came up with some agreement. Look on web all info is there. We are not informed of everything. We have to do our own research to keep a track on our investment.

MB mentioned we need to get permit in the last interview. And all the fuss about getting kicked out from Heron was in December . So we did not have any permit from local office.
We will find out tomorrow hopefully.

That's what the local governor thought. Even went to court and PM got evicted from Heron. I think it was a genuine mistake by PM for not getting permit from local council. Thats why Heron had to have a pause. We will see what happens tomorrow.

Theres an article on the local news agency. Its got Heron site in the back ground. Here is a translation of the article.
"Since May 2019, Petro Matad has been conducting illegal oil exploration activities in the area of ??the 6th team of the Matad soum. These actions were strongly opposed by the aimag administration, citizens and civil society organizations of the soum, in December 2019, with the forced expropriation of land. However, in parallel with this event, the Matad soum IRC supported the provision of camping sites at Petro Matad in 6 locations by 2020, in opposition to citizens and civil society organizations. As a result, during a rally in the city of Matad on January 8, 2020, citizens were urged to abort this decision. Within the scope of the requirement, on the 22nd of this month, the leaders of the Matad Sum's ICC will meet and decide whether to reconsider the issue of land allotment to Petro Matad by the IRC."

Looks like theres a meeting of local government on 22nd to decide on PMs land use. Hopefully we should get the green light.

No Ojay. I'm only saying what's the point of the interview if theres nothing new to tell us. Wasted interview. It winds me up that MB has had plenty of money and he started the whole exploration back to front. Common sence tells you he should've started with appraisal first then chase wildcat once you start making profit. We just have to go with flow now.

The only positive in that interview is at least the appliation has been submitted. Few months later still Nothing new

Reading some of the post on facebook it looks like Petro China are planning to extend their extraction license to 2041 . I wonder if they are combining PMs block with PCs block 19.

Fences were removed because the local council / governor was not informed. No permit was acquired from local office. MB even says in one of the video on facebook that PM has exploration license and do not need permit from local council. Looks like it was a genuine mistake from MB . They have permit from local council now so good to go in 2020.