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BP, it is ok. You need to express your frustration and anger of your hasty impatient decision which caused you dear.
75% loss is huge. Everyone would have sympathy with you. I really understand how difficult is for you to cope with that loss.
You just be feeling better when you talk on bb and showing your frustration. 50% is too much let alone 75%. You must have forgotten what you said here. That must be shock. But no worries keep telling us what you feel. Again no need to be rude.
//BP, no need to be rude. You shouldn't take it personally, you made a mistake sold your shares cheap and lost 75% of your investment. It isn't easy to forget understandably//
Why do you people keep perpetuating lies. I don't understand it.
BP, no need to be rude. You shouldn't take it personally, you made a mistake sold your shares cheap and lost 75% of your investment. It isn't easy to forget understandably. 75% is too much to forget. You must be still in a shock I guess. What can you do? Nothing really. Come to think of it you might need keep talking negative thoughts on the bb to make you feel better. That might be what you need. I guess every has sympathy with you. Not really easy 75% loss just for bad hasty judgement.
I really hope you're right WOS but I think a lot would be happy to exit now at 10p. IMV
"This basin contains an estimated 2 BILLION barrels of oil in place oil in the Petro China operated areas immediately to the north of Block XX.
Petro Matad extension area is 30% bigger then Petro China area :)
Apart from Special Certification which is MOST IMPORTANT news for company what really excite me (and MUCH more then Velociraptor because already Proven & Producing) is this "execute the approved plan of development for Heron AND to explore the exciting potential AROUND it"
From RNS 7 July 2021
"The retained Exploitation area includes the entire extension into Block XX of the Proven & Producing Toson Uul Basin.
Very exciting development on multiple front & massive revenue generation going forward.
Maybe my estimate ROI / price target & timeframe start to make more sense to other ;)
BP, this is what you said, bought at 9p average down to 7p sold with 50/75% loss.
That is why you are bitter and sour with no interest. However you are lucky you have a second chance yo get in before big boy start buying.
The share ownership soon will shift from small weak investors to big boys.
But I will not sell cheap. 50p I may change my mind.
"Will now work" means the follow up work not yet been completed.
Some of the key take aways I he picked up too wos! We are now half way through the year so I’d expect those activities have already been planned for too which should fast track drilling! It’s an exciting time for sure!
//Cabinet instructed officials to conclude follow up activities.//
Without putting a timescale on it.
This bit.
The Company will now work with the central Land Agency and local authorities to complete the registration of the area and to sign the necessary contracts.
From the 6th July RNS. Admin still to be completed before work can start.
The Cabinet approved the certification and also instructed officials to conclude the follow up formalities required under the Land Law. The Company will now work with the central Land Agency and local authorities to complete the registration of the area and to sign the necessary contracts required by the regulations on the management of special purpose land.
In parallel, we are already in discussion with service providers to determine a timeframe in which crews and equipment can be available for the completion for production of the Heron 1 well.
"once the land issue is resolved (now resolved) development activities can be IMMEDIATELY pursued" (RNS 20th Jun 2023).
Cabinet instructed officials to conclude follow up activities.
Also company look for production in 2023. Again from official RNS source.
This is best information & again from official source. Other estimate maybe just pull from posters buttt I do not know ;)
Be happy & inform ;)
//MP, two weeks work over, but when will the two weeks starts?//
Probably April next year?
May/July 2021 intraday above 9p ;)
//I ignore Bad Prophet??
No you don't - you keep replying to me! If you were truly ignoring me you would filter me?
I ignore Bad Prophet be ause do not really think he u derstand investment or game playing with people on BB does take away logical thinking. Also very sad but not my life & I am not one who have to live with person with this weakness.
About MM manipulation do not have answer but again have to agree more with mr Doc.
Maybe MM have big BUY order & will hit stop loss to fill. Can see this.
Buy sell in big way for own acct & especially when do much newsflow canntrip them. Think this does not really sound like I believe this.
Whatbi believe us my research & investment timeframe for any short term reaction to correct to longer term value.
Think most IMPORTANT thing I read today by Mr P in post 12:16
"Expect next move here upwards Keep Heron and Velociraptor-1 seperate"
This is how I look at investment & multiple upside ROI on Heron / Block XX extension development :)
Not according to the charts on here - May 17 8.5p was the peak in 2021. DYOR
Mr Bad Prophet very bad research (as usual).
MATD did hit 9p in July 2021 ;)
//Hamm BP sold at 3p he bought at 9p then more at 7p then sold up coz he got impatient//
PMSL. You couldn't be more wrong if you tried & I know you try hard!
(PS.- PM was last as high as 9p 5 years ago - almost before I was born!)
MP, two weeks work over, but when will the two weeks starts?
I am with Doc83 on the news and fundamentals part. AIM is news driven and we heading into busy News flow from here onwards on different fronts. Higher volumes brings in greater momentum which gives you the biggest gains. We got both and plenty and more to come. We could see a similar price run up in coming days / weeks like we saw back in 2017.
Agree with investor33 on MMs manipulation part and stop losses shenanigans they play. That is why i never put any Stop Losses. MMs play the stop losses game mainly during news vaccuum periods creating falls and spooking a few and it catches on etc.
MATD has plenty Liquidity and lot of News flow ahead of us. Moves fast in both directions as we witnessed back in Jan/Feb 2017 run. Two steps forward and one step back and you get your Upwards re-rate. I look at weekly performance not daily movements.
Expect next move here upwards. Keep Heron and Velociraptor-1 separate.
There is a separate Valuation for each.
Investor33 - which part of my post to you was rude, other than saying the arrogance of it beggars belief?
This from you was incredibly condescending and made you seem very pompous:
“Well that's because ***like many on here you have this rather naive notion of a share price that is purely news and fundamentals driven***. It isn't - and you need to understand what the mms get up to.”
All because I said the Friday price movement had ne a bit stumped. By your logic, surely the MMs would want to let the stock go potty, bring in uneducated investors having a punt etc.
Anyway, enjoying last day by the pool in 37 degree heat. If you didn’t mean to come across in such a way then I apologise. Let’s see this SP improve next week regardless of what games might be getting played.
Renewables Energy investment picking up.
Sinopec to invest $2.35 Billion to build Hydrogen plant and 400km line to transport Hydrogen fuel from Inner Mongolia to China.
China getting active in Mongolia also.
We should also get an update on Renewables front from our JV partner Sun-steppe.
WOS. Excellent summary and recap.
Company focus right now is to fast track Heron-1 two week workover and start producing Oil while V1 drills ahead with V2 as follow up Appraisal.