Calm before the storm, will be 3 months next week since they agreed the shell deal, the last time they needed approval for the jv in 2015 it took 9 weeks it will be 12 weeks next week for approval this time around so one would think it's imminent matd do have the habit of surprising the market hence the huge 200% rises we have seen many times in the past
Hi rift, yes news flow is what will really get this going now, the mms are happy to accumulate stock at this low level look how tight the spread is crazy for a tiny mcap aim company, if the mms didn't think this was going to rocket on news they would not have such a tight spread, on tiny volume. Yes rift spoken with them via email, I will be increasing my holding this week, 9 weeks until q1 lots to look forward to prospect generation details from seismic will blow many people's minds imo I think many investors think matd will only be targeting a fee million barrels... think a few will be shocked as to the scale of the drills will be far bigger than wolf pertroleum resource potential imo if not why did bg farm in matd and not wolf... wolf have close to a billion barrels identified so you can imagine what matd may have with the added bonus of $15 mill cash sat in the bank fully funded, look at pxog tiny drill lots of attention copl big drill mcap over £50 mill matd is just a sleeping giant and with investors wanting firm information these days and buying on rns's I think our rns's will be pretty special and believe me when I say every big name on twitter has this on their radar for q1 so expect 88e style sentiment and excitement by the time we are in q1 but for the time been the rns's in the next 9 weeks should put us at min 5p by start of q1
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