Reasons to believe19 Apr 2023 10:41
Chaps, Something I posted earlier to support master's document and whether it applies to PM.
What do we know.
The translation appears to be an order that an area known as Tsagaan Duweu Uul be designated as special purpose land referring to Oil refinery. The area is approx 25,000 hectares and is in the Dornod province.
We also know that PM has an exploitation license in this province of 218km squared (21,800 hectares). We also know the primary target for the Heron well was the tsagaansav reservoir in the Tamsag basin. We also know that Mile Buck has been lobbying that this area be designated as special purpose land. The most recent RNS confirmed this had now been put forward by the mining ministry itself to be designated as such. We now have a document with a stamp of approval on it. We also know that the Heron field is 20km approx south to south west of Petro China's processing facilities. If you look on a sattelite map the next town in this direction is Erdentsagaan. My opinion is that this is enough to believe good news is very close.