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From may22
https://www.montsame.mn/en/read/297486 link if anyone's bothered about whole article
Ulaanbaatar /MONTSAME/. With aims to establish an oil refinery based on available supply of commodities, meet domestic demands for gasoline, and launching domestic production, a comprehensive construction project is being implemented in Altanshiree soum, Dornogobi aimag - the project of Mongol Refinery State Owned LLC.
Planned to be put into operation in 2025, the construction works were recently launched. Its detailed feasibility study was approved by the Mineral Resources Professional Council at the Ministry of Mining and Heavy Industry on November 15, 2018.
Pilsbury this is top shareholders. Petrovis appears to have reduced holdings from 23%. Has been reducing over time. PMs board chairperson is a Petrovis employee. Petrovis was (is?) the parent company of PM. Shareholder info from PM website
Name
Number of ordinary shares
% at 30-Jun-2023
Petrovis Matad
221,937,203
19.92
Hargreaves Lansdown, stockbrokers
168,331,259
15.11
Interactive Investor
137,272,409
12.32
HSDL, stockbrokers
97,412,307
8.75
Barclays Smart Investor
51,371,699
4.61
Well with great thanks to Dozzawba and Master, we’ve had more useful and important info for the first time in months which highlights the delays in breakout. I agree, what is the point in a ceo that’s not on site during evolutionary progress, maybe ok in an established company, but not here. In many cases investors would have pulled out by now. Master Buck could always delegate the team 🙄 to dish out the basics on social media. Certainly can’t be attracting new investors.
Formalities that take almost 2 months, are hardly Formalities. MG obviously omitted to give local government a deadline. Therefore the National importance time frame is in mañana time. There is more to this than meets the eye.