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Buy hold sell no problem
Nothing change & Special Certifucation will go before Cabinet for signature.
When it dies open price will be more then any drop & large derisking alreasy happen. One who wait for full company development does not care anyway about short time price move.
Like header
Buy hold sell who care be happy :)
Doc, 40% drop needs nearly 70% to go up to get us where we where.
End goal is to see PM producing oil and then I will exit. 10p offload some .
Lp is coming. Weather its this year or next I'm not fussed.
I know todays meeting was to do with PM and paperwork will be submitted to the cabinet.
Like i said they are not going to mention all the 26 companies that was on agenda today either.
"Why a 40% drop from 7.2p"
Because we are nearly 9 months on from a timescale given of "1-3 months" for apparently getting the LP sorted...a timescale that made the SP jump from sub 2p to 4, 5, 6, 7p+.
Because just the other day an RNS was released saying there are further delays with the LP.
Same here Master, was lovely in Green a few weeks ago, still holding and keeping faith that it will work out 🙂
Hamm not here to tell anybody what to do.
I am a realistic investor. If i have to many doubts i contact the company to discuss or sell my shares.
I will not keep posting my concerns on a bb... i do that if i am short or want to buy lower but i will tell people so they know...
But keep doing what you want cheers
I was in very good profit at 7p and now in red. Still holding on till 10p.
Nothing has happened just a delay .
I think Mms are scaremongering to get your shares.
Why a 40% drop from 7.2p
Market is the best judgement. 10% down and it keeps going down the way it looks.
Tomorrow another 10%?
I don't remember anyone said MB should go there and swearing at MG/MM!
Please don't twist the argument. Profs, if you are happy with your investment and management that is fine but don't tell others what to do! I am sure you aren't CEO either. If you dont like a poster please use filter. If you are too confident and happy with the situation then buy, hold and wait, nobody stops you.I have invested here and I would like to Express my concern.
Hamm what kind of job do you have/just to have? Judging from your messages i am guessing you have not been CEO level
Our interest is not best served by harsh words for us investors to feel better or help shareprice shirt term.
This is done behind closed doors and that means we are left in the dark till it is completely done.
If you have no confidence in management: sell. If you do have confidence: hold/buy and wait...
You sound like you are going to cry.... or you are just short this share.. nothingwrong with being short but why not just say so as your rants will not influence the price.. :)
I think if we went around shouting abuse at the MG and calling everyone all kind of names would not help matters and all that ahppens is they find of away of moving us off the agreement for breach of terms and then give it to someone else ie PC and then we are f**ked. Afraid it is the disadvantage of being small voice in a larger gathering.
This is the time that a captain should make an important decision to save the ship/plane and his crew.
The best way to me is stop drilling till LP granted.
Ibiza,
1. MB said that MG has been supportive! Have they? Is it lack of MB judgement?
2. In fact because MATD is small and much more vulnerable it needs to be out spoken.
3. Is that oil really important for MG? Then they should give us LP now. If MB stops all the activities now and demanding LP, I am sure that will draw MG attention. What do we have to lose? We are losing anyway as it is. 2 dusters and no LP! What would be next another placing. What price 1p?
How WOS goes quiet when the SP falls?
Hamm to a certain degree you are right if we were BP or Shell or one of the other giants then i reckon this would have been sorted but because we are a small AIM company with absolutely no clout or leverage but then we have the potential of a massive down side where everything would already have been factored in if we were one of the majors. No, I am afraid we are not in a position to go round telling MG what to do as much it may make us feel better. This is if you like one of the risk factors that small aim holders have to be wary of go by your gut instinct. Mine tells me this is still happening but when is anyones guess.
2p this week?
The way it goes the share price has got just one way for now down till we get LP!
MB was not shy dropping 2 nasty RNS at the end of trading day raising money.
But he seems not confident to be blunt with MG! What MB should remember that it is MG who needs to be embarrassed not him. He should speak up. He shouldn't hide behind his desk. He should stop writing letters. He needs to go there in person demanding LP. Reminding MMs that they promised him to grant LP in 2 months. What happened?
Its all in mbs hand. He needs to start talking
Master with all respect we have said the same thing for 5 years.
I reckon it is more than fair to get LP now not tomorrow as tomorrow really never comes!
We need to get sth positive from MG. Some kind of assurance. A deadline, a temp LP. It has all been about potential and all talk talk.
Remember production can continue in winter.
All equipment is ready just need the LP.
Say another month for LP we still have till November to do the workover with a crane. No rig required.
I was pondering the same thing. The positive trading activity would be cause to at least return to fridays closing price. almost as if the price is fixed, barely any movement on current sp for hours.
//The IOM visit was a positive signal of cooperation...
I think it was just a "jolly" probably paid for by PM investors & setting up something that PM are expected to fund & which won't come to fruition in my lifetime.
Many more buys than sells again today and the price still is lower.It is odd as if someone is doing a sale and then buying even more back at a lower price as this stock should have already been at over 6p.Maybe with a bit of luck it will recover in the next two hours
I am sure MB is honestly believed that we would get LP, that is why he had all the gears ready to be mobilised but MG either are thick or cheats to drag LP approval. None of the reviews are necessary. PC has been extracting oil for ages. They didn't need any reviews. Please don't tell that the law has changed since 2017. They can make roads etc etc nobody stops them, why should they? LP delay sounds just a game
MB should wake up.