They certainly are a rather large company. I was very surprised but very pleased when we had that announcement the other month. My confidence in this share is that it hasn't fallen back despite what seems an eternity without news. I realise I'm being slightly dramatic!! Not long however till the news we all want to here. Who knows VCB2 maybe Moro?
Just look at the scale of....
...our drill partner. This made world headline news today; BG Group negotiates on Israel-Egypt Subsea Gas Pipeline. A world scale company are drilling with MATD? As John McEnroe would say 'you cannot be serious'! So what's the motive for BG drilling in Mongolia? Oil perhaps? Anyway made me a little more confident that someone actually knows what they are doing here. Let's hope that those invested know what we are doing here too. As always, I'm confident. MATD have only got to hit once with BG's help and its goodbye to an sp in the teens.
I think the close before the farm-out RNS was red and the fair lady MATD proved watertight. Or maybe Monglia is just too isolated for gossip! However, some interesting buying today maybe means something is stirring, someone did buy a big wad a couple of weeks before the farm-out and it was pretty unexpected so they must've known. When you read what MATD have planned for this year (and fully funded, too) I'm amazed it fell back to these levels really. If I remember correctly, the drill costs are some of the cheapest around and will likely be even cheaper in the current environment.
100k top up
I only wish I had a few spare coins at minute to do the same. Be content with current investment me thinks!
RE: block buys
Sadly eric just sitting and waiting. Got too greedy in SER and didn't take profit so I'm waiting to get in the blue there. Could be happy with a 100k top up here at around 7p. Still confident spud on its way and then 3,2,1 Action!
some great block buys this morning. Wasn't any of you fellas topping up was it? Ended up with a nice little tick up.
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