George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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MB will want to shift the focus from Heron production to more exploration - it's just his "thing" (despite the obvious uncertainty).
This seperate clever investor with sillly one.
Mr horse**** just say sillly thing which does not make any sense but Mr Maestro give reason why Velocirapror will be drill in time & price & what happen next
All this thing from fact & not just sillly post like mr horse**** with no fact
I know what way I look at MÀTD investment using brain and not horse**** lol
Or finding out she’s actually got a bigger schlong than you :-0
Horses you always have the option to sell up and take a Saga cruise if that's what floats your boat. For me I'm prepared to hold, I just want to see V1 drilled full stop. Only a few more days till we know what direction this will go. GLA
Welcome to the wonderful world of MATD investing ...its like being drawn into a relationship with a beautiful lady and spending all your "hard earned" just to keep her with you but then never being able to secure that true love you desire..
Only time will reveal the outcome !!!!!
Edit:.
And drill another well which will be classed as an appraisal well. $1.7m cost of drill with prospects over 600mmbo recoverable..
So in conclusion, drills happening very very soon...
Edit:
*gathering more data requires *time which is tight at the moment due to license expiry, maybe this is the reason why they raised, just in case they strike at velociraptor, 3d seismic data will be required..
Horses****,
Velociraptor will be drilled very quickly, they want to test the raptor trend before they give it up. Block V expires mid june 24.
Should they strike at velociraptor they will need to gather more data and apply for exploitation license, gathering more data requires.
So now funding its complete and permits in place they only require a time for the rig. Shallow well which can be drilled within 20 days..
Wish they would just put some of you out of your misery. I predict another year off … we’ll nothing really.I’ve only been here for three but the pattern is clear and concerning.Do l cut and run or simply become deluded like most on here.AGM not being on UK soil just highlights the sham.
Thank you guys
I’m not a trader so didnt fully understand that so good to have clarification… BB being put to use correctly :)
Have a good safe weekend all
Rockets soon HOPEFULLY
GLA
Doc83 slight typo on my part it's TMK Energy not TBM GLA :+))
Jimi - many thanks. Will take a look.
Furion. Yes you are pretty much spot on. Happens on all the shares. Had a sneaky feeling yesterday about some order filling going on coz they held the price in a tight range all day.
Doc83, there are other oil and gas companies active in Mongolia, Jade gas and TBM Energy both Australian but there focus is on CBM. There are only 2 main oil explorers I'm aware of that have any plans to bring oil to surface and obviously PC already producing. Hope this helps a little. GLA https://www.mongolianminingjournal.com/a/71609
Bluechip
We will get update at agm, we can also send questions.
Valicraptor well will definately be talked about, mid 2024, block V expires, so they have to drill asap. Hence the funding.
Coming months are going to be fun at matd, no more excuses..
I hope so MisterP. We've all waited a long time for it to come.
I'm not saying it would be panic stations if there is no RNS next week, but it would be very disappointing.
Furion ... It wouldn't surprise me at all because the amount of times that the volume of Buys way outnumber the Sells and yet the SP dips for this share is ridiculous.
Whenever the Sells outnumber the Buys though, the SP seem to dip and then some.
This has always bugged me a little also not just here is it possible for people to place orders for a certain amount to buy and fill and then MMs just work to try to fill that buy order being around the bid ? So it’s a buy but doesn’t push up the SP is there some one who may know ? Genuinely interested or is it simple MM games
GLA
We are on the cusp of major breaking news next week. This could storm towards Double figures in double quick time. We all know how fast it moves
Let’s hope so…even if they say the LP are just days away from being granted…..of course much better if they say we have them…be a good statement to start the AGM with for sure.
maestro - you tell me. I’m not a MATD expert (see previous posts for my investment history in MATD) and definitely not a Mongolian oil expert. Hence the question.
Cheers maestro1
Doc83
Who else has found oil in mongolia since heron?
Does anyone know if any other land permits have been handed out in recent months? Is it just matd or everyone else also suffering?
This should bode well for us. Hopefully we’ll have some news next week to prove it so as well.
GLA