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Anal ;)
//This is last help I give to you//
Oh yes, you came on this board on 28th January, so I guess your 6 month contract is up......? bye!
The RNS does not say formality. It fact zero mention of the word 'formality'. It says FORMALITIES
. It is an incorrect interpretation to say it is just a mere 'formality' - Back to language school?
Cambridge Dictionary
formalities
phrase [ plural ]
something that the law or an official process says must be done:
Examples
We'll have to observe the formalities (= do what is expected).
They, of course, adhered to the formalities required by corporate governance rules.
She was escorted through the airport without going through immigration or customs formalities.
They went through some brief formalities before going to the embassy.
Intimidated by the courtroom formalities, she scarcely spoke.
They had dispensed with the procedural formalities.
https://dictionary.cambridge.org/dictionary/english/formalities
Investor33 "exiting when there is another spike at the time of the next RNS"
Are you new to MATD? RNSs almost invariably cause the SP to DROP!
What does word "FORMALITY" mean "a thing that is done only because it is normally done and that will have NO effect on a situation"
Mean in all man way Special Certification of land access is done.
Typical Sneaky try to take something and make into ISSUE when NO ISSUE.
Like I say loo like you have BUY in after so much effort to create doubt in people. I am relax in holding for my timeframe but you have BITTEN NOSE TO SPITE FACE ;)
You are one who bring up Karma on BB Mr Doc & other time when you completely lose yourself same thing happen to you on other BB.
If you bring up Karma let Karma give you back little taste.
CaC & anal is what Welsh speaker will understand lol
This is last help I give to you. With most good poster now sit back & wait the Doc & CaC show must carry on & they must do some work to research now ;)
WOS //Very funny now //
I can't see anyone else laughing?
WOS I no longer think you're a paid ramper because .... if you are... you are the WORST fkn ramper I've ever come across. Hopeless in fact !!!! I now just think you're just sad and delusional.
I'm glad Hamm is currently invested or else he'd be putting the boot in good and proper to get a lower entry for himself.
Mr Buck will need to fund the Heron Field development somehow.
He'll have several options and DQE will be keen to be involved in the well makeover and subsequent drills so may well offer advantageous terms.
If not though he'll have to raise on the open market and if that's what it takes to produce oil then that's what he'll have to do.
There have been plenty of previous raises and loans just to keep the lights on and pay the bills.
A raise now is at least to produce oil and start sustainable revenues to grow the show.
But hopefully no raise.
"Lazy BP, CaC & Doc start working & posting Intel now"
Funny you call us lazy, because as I was reading your post I was thinking how lazy your arguments are... always the same repetitive nonsense about how we are sneaky day traders... YAWN. WOS the bot.
As for CaC not answering any questions, you swerved his and mine this morning:
“WOS - do you at least agree with this statement?
- Petro Matad have SPECIAL CERTIFICATION from Cabinet//
Most important point NO IT DOESNT!
IT HAS APPROVAL FOR SPECIAL PURPOSE CERTIFICATION SUBJECT TO FORMALITIES, INCLUDING CONTRACT TO BE SIGNED”
Mr Investor
Spoke down to 2p when V1 resukt (not LP) RNS release.
Now I sit back & take break to watch Sneakies ;)
Very funny now to see some Sneakies who twitch with nervousness be ause have brought back in & cannot see price go down.
This share value worth multiple of price now but this effort from Sneakies have been week after week for maybe fraction pennies.
If they was not so GREEDY probably there MATD holding from beginning worth MORE then value now even after all sneaky trading / posting because probably would be straight double figure.
I think why I need to worry to try to do research, get Info & help post Info when my holding for 18-24 month for High Double/ Triple Figure SP?
Then I think this is my nature. Try to help & talk to much.
Just like CaC is to be anal, ask 100 Q & answer 0 Q and little bit of deceiving as well which he was caught with pants down.
Doc is one who never post on BB of his favourite share and if anyone else does he say he will "massacre them", have been caught talking share down while buying & talk about Karma so will wait while Karma pull his pants down ;)
Now they BUY in some is funny to see how they sweat from all places.
For me NO PROBLEM my target UNCHANGE, my holding period UNCHANGE and RESEARCH will keep to self.
Lazy BP, CaC & Doc start working & posting Intel now. Get to it sirs & be happy ;)
@Hamm
Didn't you say that I must be crazy to talk about mm manipulation after that spike down to 2p on the day of the LP release ?
@Ojay
It's very true that for now this is basically a short term traded share, and as I see it, it may stay that way for a while yet. Once the oil is flowing, and revenue coming in then hopefully it should be far more stable and kind to the LTHs. However there's an extreme volatility attached to the MATD share price that simply can't be accounted for by pure fundamentals, and that may continue in the future regardless oil and revenue. I just don't trust it, having watched it since 2019.
Bear in mind that the spikes in price volatility tend to happen around the time of the release of an RNS - that's when the mms ( who also trade their own accounts ) and the short term traders can maximise their profits. So for now I am allocating about a third of my holding to short term trading - hopefully exiting when there is another spike at the time of the next RNS. Of course for months there was all that talk that when the LP was granted that the share price would ' easily be in double figures.' Well right now the 6 to 7p level is a very strong resistance level.
After thinking hard about it it doesn't seem sensible for me to just leave it all in there when the share price can double or halve in just a few days. An RNS can drop and the price can shoot around all over the place - look at the sudden and brief spike down to 2p when the LP RNS was released. Someone could have bought in at about 1.8p over the winter, and then sold out at 7.3p at the peak of the highest spike this year. That's a return of about 400% Meanwhile, many LTHs are probably underwater right now, despite the granting of the LP.
Hamm 2.3% spread ? No biggy
This share has been absolutely manipulated ( look at POLY, 46% spread, you can only sell!) to shake weak hands, but they can't get hold of my shares for sure.
Buy while you can before big boys grab the lot.
Absolutely manipulation, crazy and in the over sold territory now imho
Sp with El and LP 4p without 7p+ how does that work.
Pure manipulation.
Maybe, BP. And remember that the last raise happened at a substantial discount to what the SP was at the time... 5.3p (?) with the raise done at 2.5p. When questioned at the AGM why this was, MB said that the brokers effectively looked at what average the SP had been the previous 12 months, not just some recent spike, when determining what the raise price should be.
There's every reason to suspect a raise done when the SP hits 7p would still mean shares offered at around 4p, i.e. roughly where we are now!
Hertstrader is right in (at least) 2 ways:
1. You need heaps of patience with this share; and
2. Time to take advantage of the dip
One thing is clear: Nobody knows when what will happen - but we (LTHs ) know that it will happen. Just like me Hertstrader is one of them.
If you critisize PM because they're not progressing fast enough you support the short term trading market - which is currently the one determining th SP.
Or you take the long view (the "big picture") and say: this share will come in good - may take some time but I am willing to wait.
GL all LTHs
At least some buys coming in now as the share is so cheap.Really there needs to be an RNS with some timeframes issued .
A meaningful fundraise at a low SP would be a massive dilution. I expect the raise will come at 7p+ (if the SP ever gets there!).
Testing 4 today? Or tomorrow? Lets see
And remember the longer it takes the more people will start taking about a fundraise again.
My cheeky 3.6 expires tomorrow, may try a lower instruction at this rate 😱
//Bought some more today and will keep buying dips but you do need heaps of patience with this stock//
Too soon - I'm waiting for 3.5p
We can only go by what MB has been saying consistently not just once that all things are in order to proceed in a very short space of time once the problem of the Land Permit / Special Permit has been cleared up. Let us just hope all that holds good as i am hoping this LP will be finalised next week. But we will see. As some one pointed out the LG maybe back at work but that does not mean the relevant bodies to deal with this are not still on holiday. As ever with this share just a bit more patience is required. But will admit it is pushing every ones patience.
As regards RNS's i think there are a raft of them to come once it has been established we can operate and function in Mongolia and hopefully all of that can be put to bed once and for all next week. I am hoping.
The question is would we have had to worry about all of this if Petro China had not made their drilling sites to resemble 3rd world refugee camps but then we also do not know what backhanders PC have issued out to members of LG to try and obfuscate and obscure our Permit.
Hi Manx, thankfully for everyone, I'm not a doctor!