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Sageman - WAG Payment Solutions showing as the smallest constituent in the FTSE250... £650m market cap. About 60p for MATD? So yes, a bit to go yet!
Ojay - so we need to park our conversation debating/postulation on potential future dividends, but it's OK for people to spout off LP= "15p, 26p, 58p don't miss out, buy while you can!" ad nauseum, and you'll defend them for it?!
I love days like this! Two of my other ones, HE1 and PRD are flying as well. I think this needs to rerate above 10p so we are really only getting back to where we should be. I am hoping Mike Buck will give an update/interview shortly.
Yep expecting mid 5's close today.... still way to cheap here
Wolve I love your word “expect” regarding Ftse250 entry. The bottom company has a market cap of just under £1bn, 😂🤣😁.
Should close above 6p by close of business tomorrow in preparation of next week and potentially lots of positive RNS’s. All bad news is out of the way now. Once we are generating income and the MCAP reflects, I would expect MB to move PM out of crooked aim and into FTSE 250. Early days yet but all the pieces are now falling into place. GLA
The savvy ones imho are topping up and I notice my resident green box has gone missing hmmm
Doc can see us easily touching 7p without news in the very short term.
A good forward looking statement and heron fast tracked in to production straight in to the teens and that’s when I will slice gla and we are here to make money end of 👍
Whether PM will be handing out dividends or not - and particularly when - appears to be an issue we needn't talk about today; pure speculation; don't forget that PM still needs to generate revenue from the Heron wells (this year hopefully). Let's postpone the dividend issue to the end of the PM business year which displays more income than expenses.
Dividends really would open the door for funds. Many have it as part of their investment process that any stocks they have need to be paying dividends, never mind just the focused 'income' funds.
Anyway, would be nice just to break the recent 7p highs for now!
Ibiza
Medium Term....up to 12 months
Long Term....... .. 2 years and upwards
Mr Doc
Your point is good but for this reasons I disagree
Full field low cost multi well development (and revenue) will be rapid with DQE partnership
Also PARALLEL Block XX ention development
Petrovis will want ROI quickly as well & do not think they trader for capital gain lol so not surprise if maiden dividend introduced quickly. This also open up door for even more Institutional investment.
We see but this is what I think & make full logistical sense.
GL
Short term for 100% upside - 1 to 2 week
Medium Term - Q3 2023 (July-Sept)
Long Term - 12-18/24 months
I know Q for mr Positive but did just add my opinion to discussion
DQE FAST TRACK / LOW COST & parallel development of MULTI BILLION bbl Toson Uul Basin (start I expect in Q3) explain this using actual Intel / info.
Rapid Multibagger basically & any Institutiinal entries will push it harder
WOS - I can’t see dividends being paid for a long time. I’d imagine MB would want plenty of cash in the reserves to ensure financial stability for years to come, as well as financing other drills.
Mr positive
PWhat do you classify as medium and long term.
Very strong chance we could re-test 7.30 next week as early as Monday before heading to Double figures.
100% upside short term.
Lot more Upside medium term.
Massive Upside - Long term
First RNS next week?
Good chance & retail investor momentum build up which recognize this.
- MULTIPLE RNSs due may help understand things.
- Price was discounted because if V1 duster & people not able to understand value without V1
- Field Development will be FAST TRACK/LOW COST/PART DEFERRED PAYMENT
- PLENTY CASH "until AT LEAST July 2024"
- Renewable MASSIVE growth potential & "NEAR TERM REVENUE"
- DQE China base company partnership terms agreed & waiting for final signing / RNS
- NEW BLOCK RNS
- IOM meeting update RNS
AND
Indication ALREADY of INSTITUTIONAL / FUND buying!
This will increase imo and push out smaller traders / holders who did want small quick profit. BIG moves up into double figures about to come
- DIVIDENDS will be quicker then people think with FAST TRACK / LOW COST full field development AND parallel MULTI BILLION bbl Toson Uul development.
Buy or not but above us case for my own holding & larger INSTITUTIONAL entry taking over
I am Happy for this & my holding :)
Don't worry about the rich thing Gordon.. we are all here to make some money... rich or poor.
Thank you Pils! Ten is very impressive, I had to wait 20 years for my first and now I have had two in the last few years. It was on the second, 170 yards into a stiff wind off the firth. Solid 3 iron with the breeze.
Astro just to clarify I never implied I was rich because I play golf, far from it. I enjoy watching my stocks and golf allows me to do that in between shots quite easily.
Well played GB. Hope it was a decent hole in one....I've had ten hole in ones some have been awful. A bit like AIM shares good, bad and ugly!!!!!
Lets hope so MrP!
If are rich you will not be looking at this stock every day hoping to go up...
I'm not rich I'm hoping to be rich
May be Gervais Williams also increasing his MATD holding in his fund.
I believe over 3% becomes reportable TR-1
Bigbench
MB tea lady on Buying spree by the looks 😁
6p tomorrow i think. Heron LP news got overshadowed by V1 news. Dust has settled now and folks can now see how undervalued this is currently with an asset worth $400m - $500m vs low MCap.
A lot of news and manoeuvring by the company going forward here.
Matd near term about to go in to production.
Agree doc a few steady blue days will do and imho get a few more to add here at this ridiculous cheap entry Imo gla