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Thanks Hamm. Been missing you lot.
Missing even more times back in 2017 when we would 2-3 auctions in the morning as MMs would be scrambling for shares coz price moved up so fast leaving many with scratching their heads. LOL
Misterpositive welcome back.
3p to 38p
Now even better position for company & bigger multibagger
MULTIBAGGER for sure AND RnS update coming with all thing in header made clear
Understand some seller will take profit from placing share but also understand pressure going up with all things will be unstoppable I think
Very funny to see only little trader worry about very short price move & same people who cry & cry on BB
LTH know what coming & happy to wait for move again lie before from 3p to 33p like mr Positive say
People who do not understand why we say multibagger do not undesand ;)
That is why MATD moves up at great speed when on the go coz not too many shares in free-float compared to other Oilers who got 15bn - 20bn shares and do not see much of a movement.
Especially if you take out of the 1bn how many shares are held by Petrovis and MATD directors.
3p to 38p was reached in just 6 weeks. Another example was when it jumped from 5p to 14p in just few days on receipt of Exploitation licence.
Moveonup.
From memory i think we had c 400m - 450m shares back then. Now its 1b....still very small compared to other Oilers some with 20bn shares
Totally agree.
Down today despite a sea of blue (Buys)?
Unless I have missed a very large sale somewhere?
Otherwise, as per usual, the SP doesn't reflect the trades.
Massive buying pressure.What’s going on?Is hamm back in the game.Or maybe bishand,captain stanley one rule for one and many other derampers have seen the light.(not forgetting duster/Shirley!)
If say a person was given the option to buy £25000 of shares @0.025 and all the hype about the company then went crazy saying things like ...50x bagger... don't miss out share will go to the moon on news.. before fundraising the share price was maybe .04 pence ..price drops to say 0.028p then 2 days later goes up to 0.03p....So that person can forward sell the share and pocket £30000 making a risk free £5000..The LTH has been shafted they are stuck at the price they paid before the fundraising ..not the great deal of .025p .That is why LTH are pi**ed off !!!!
How many share were in circulation in 2017?
Still remember the days back in Jan /Feb 2017 when this rocketed from 3p to 33.25 close after hitting intra-day high of 38p on 17 Feb 2017.
Back in 2017 we had little cash and NO discovery.
Doc, sensible. If information is relayed back to shareholders from the CEO and an event relating to said information does not subsequently occur, then shareholders are entitled to know why that is. Similarly, if something additional is planned, like the surprise fundraise that shareholders were told in December wouldn’t be necessary, then an explanation prior to it occurring is apt. In my opinion.
Unfortunately, not all CEOs tie up these loose ends, so then shareholders are left to ponder and perhaps worry, which simply isn’t good enough. With the LP situation, knowing the reason for the additional delay would be helpful, and also what then is being done to rectify the situation. If it is still beyond the company’s control, then an update on progress from the Government should be sought, in view of the three month resolution period now having expired. Otherwise we see sp drift, as the more exacting shareholders lose both confidence and trust.
It’s not too much to ask that a CEO keeps shareholders up to speed and manages expectation well. Or, it certainly shouldn’t be.
Only my view. But nothing ever seems to work out as I would like it to. Lol.
See all the buy MATD now "sale of the century" 50x bagger...just as the share price dips ..I wonder if they are ..The forward sellers that make their profits at the expense of pre-existing (and often long-term) shareholders, who’s stakes are diluted and hence devalued.
iamrich - if MB misleads again or does any other fundraise, or LP doesn’t turn up in another 3 months, will posters stop talking about 10p, 15p, 35p, 50p all shut up so we don’t have to listen to their ramping?! :-P
//lot more cash to be generated when Heron-1 goes online this year.//
I hope you won't be TOO disappointed!
Bought back in here. Did not expect to get this so cheap. Bit of luck i think.
MATD very well positioned now flushed with even more cash. Over £10m of MCap is just cash. Not much priced in for what they already discovered at Heron-1 with lot more cash to be generated when Heron-1 goes online this year.
Well now you all can join in at the AGM no excuses make time for you investment, if you lot can noad every day all day then be at the meeting and ask those questions!
Ask be through cover all corners so some of us here dont have to listen to the same moaning every day
Thanks
Hoping for a great day ahead gla !
Maestro: “Also he said the minister assured him the land permit will come in 1-3 months back in oct, we are over that so it can be imminent one can assume.”
Read that back to yourself. The mining minister ASSURED him the LP would be here within 1-3 months. We have now missed that timeline. Yet despite him misleading us and MB (knowingly or unknowingly) you still believe him and assume it is imminent?!
I’ll be hopefully dialling into the AGM. Let’s see if we can have some answers. To be clear, I want this to do well, for all of us (maybe not WiseOwl aka Magnus 49 who is a really bad piece of work and known on LSE), I am simply wanting to hold management to account and make sure they have our best interests at their core.
Yes.... its soooo close i can smell it! Lets have it MB
Owl, agree MATD is set up for an exciting year and now funded on multiple fronts. Wells in Mongolia are incredibly cheap. In my mind I’m banking on the new well and license on Heron in Q2, but let’s see. A broker approached me yesterday to see if I wanted to sell most of my shares from the raise, I kindly declined saying that I will hold all until XX drill and my idea is to de-risk before XX results, but will derisk only little if the Heron license has been granted at that stage, as we have the money for that project and new wells there will almost be self funding when production starts. By the way the call had the opposite effect ie I bought another 500,000 shares. Time to go quiet and will register for 15th event. Enough from me DYOR
I just look at header and understand which direction MÀTD SP heading & how many RNS coming
Do not waste my time with other thing or complaining on BB (after I buy more share) lol
Think company multibag from here then buy
Think price not go up then sell
Very funny those one who cry most on BB are same one who talk most of short term price move ;)
Everyone else talk of all other development & how company now in much stronger position & not need cash so price rise us clear for us without this fear now
I think mr Buck has put MÀTD in very strong position now & very very happy to hold share here
Look forward to RNS Update coming & share price ready to go like rocket upwards with all different news
Be happy :)
It would be nice if we get drill date for raptor on wed, in dec Buck said mid q1 to early q2. We are in that territory.
Also he said the minister assured him the land permit will come in 1-3 months back in oct, we are over that so it can be imminent one can assume.
The forward sellers make their profits at the expense of pre-existing (and often long-term) shareholders, who’s stakes are diluted and hence devalued.
The buyers of the forward sellers’ shares may not be aware of what is going on (that was certainly the case in the Nighthawk example) and are purchasing shares that the company is issuing at a price that is inflated relative to the issue price. In the New World case, anyone buying shares from the forward seller at 0.075p was paying 36% more than they could have paid, had the company made the shares directly available to investors.
A less obvious problem is that for this practice to succeed, there needs to be a strong market for the shares that the company is issuing to the forward sellers. In my experience, one often finds very bullish comments about the worth of the company at such times, which can mislead investors and encourage them to overpay. In the case of New World, investors ultimately found themselves with worthless shares, as the company subsequently delisted.
And it was only announced today, so volume hasn’t come from retail offer! It is likely those like unWiseOwl who have loaded up outside of the placing.