George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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In the interest of balance...
Velo DOES NOT NEED an LP/SCP - this is a situation unique to block XX. Mike Buck has confirmed this either in an RNS or one of the webinars. This has been delayed (no surprise there) but still has the support of MRPAM.
FB Activist has reported that Minister of Foreign Affairs rumoured to be become Dornod governor. If so this suggests the government want to get this lawless province under control.
We may still get LP/SPC before Velo spud.... or shortly after/before results
A lot of emotion on this bb :)
Agree it is a nice trading stock. (Like all aim stocks) For me a trading stock with potential for the long term though. Lets see where we settle. I am less negative than some here.. cheers
Anyone replying back to derampers post are giving free PR coverage.
Please STOP replying.
Didn't think it would drop lower ho hum. Just a waiting game. I believe this will come good don't trust anyone's views on here either rampers or derampers. Play your own game and remember you could be rich or lose everything. Gla
This has proved to be a great trading share providing you did not too greedy. With the RNS news today I sadly see 3p being tested again.
The MG are stringing matd along until the refinery is ready it’s a shambles there will be no oil this year and hanging an investment on a wild cat drill is madness I have derisked my holding and if no lp before spud I’m out
Lol this is not going back to 3.5p on this RNS. Everything is still in play and unchanged largely from last week.
I don’t post often, but read the comments daily.. Have held a decent volume of shares for 6 years now.. Very much a love/ hate relationship with Petro Matad.
To the rampers - Wiseowlspeaks, iamrich, vikingglass, hamm, master …. Now is time for you all to hide under a rock. Truly embarrassing..!
I’m so glad I green filtered weeks ago.
Worryingly I have a bad feeling this is now going to plummet to 3.5p or lower in the coming days/weeks.
Now unfortunately it is time for a review of my holding.
Shagged, they don't need an LP to drill V1 because they only have an exploration license,
No, that will be after another 6000 ramps. Twit-twoo
What can i say. Its a delay but people here think we've hit a dead end and its end of drilling season.
A slight delay is not bad news. Load up now at a cheap price for a big reward.
This will slip back to around 3.5p which it was at before the massive ramping began.
Still too much uncertainty to value a company which still has not successfully drilled
All hope value
Those talking this down are just waiting for it to settle before trading again.
Rinse repeat but nothings really changed here.
Thanks Master, you have confirmed my belief that LP is only needed once exploitation license has been granted.
WOS has been proved to be exactly what was obvious from his endless ‘unbalanced’ one way posts … a ramper, blindly going along as though he knew information.
He clearly didn’t have anything all along, and was still on an hour ago … blindly giving it the Boom nonsense.
I’ll have to see what an escimo talks like and go on the GROC board (who have assets in Greenland) and go on about things with certain words missing from my sentences. Some on there will listen to me then even though “I will know nothing” !!!!
Its called a free ride.. you know.. cover your original stake with profits, then as with all explorers, 'hope' for the best.
But there are some that will have listened to the pure tripe on this board about 'definites' and 'obviously' and be watching it drop like a stone.
So in summary
- V1 spud in about 3 weeks.
- LP could arrive anytime.
Nothing much has changed since Friday?
I still find it very odd the visit to the IoM curious. Did this happen for previous expiration licence rounds?
Master... we are all disappointed however some of us just take a realistic view of what can go wrong generally does go wrong in the case of Petro Matad, so felt the need to protect against the the non stop ramping of e.g. URGENT, GUARANTEED.... GET IN NOW OR PANTS DOWN etc etc so perhaps a little humility wouldn't go amiss?
LP is only needed for block 20 for production wells.
Block 5 is good to go. And if we hit oil then it wont take as long because the local government is good with exploration companies hence we have all paperwork ready for drilling
Can anyone answer my question?? Why is LP required.
WHO ARE
Who are these mythical entities trying to get cheap matd shares. They dont have to try hard with crap rns like that.
Delusional ramper
Why not sell all if you were convinced? Lol
Traders day. They trying to get your shares cheap. LP is coming.
Hold to your shares guys.
Where it should be.. way down unfortunately. Been saying for weeks about RNS, well here it is. Glad i sold over half. Just have to watch the other half tank