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Personally I think drop today is people cutting risk, it’s fast become, short term at least, oil strike or major share drop after the latest Land permit debacle .
Must admit I thought of doing it myself.
However similar to Master82, I’m gonna hold out for LP as I think it will come by October…..maybe sooner.
As for placings and company disappearing all scare mongering…..MG would get no foreign investment or take up of latest licences if they don’t issue our LP.
Imo my risks still the same as when I bought them and still up for now.
Dick - thanks for your comments - such a recommendation from you is high praise indeed!
(PS - when did your suspension end?)
People are talking like the company is about to go under.
Relax. Another delay is not end of PM.
Look at prem some delays and share plummeted now back on to recovery.
I feel sorry for you Ojay.
You appear to have been invested here too deep for too long, hanging on with uncritical faith to every word of every self appointed bb ramp "leader" (e.g. WOS, Fair Analyst etc that turns up then usually dissappears without trace), and showing increasingly snappy bitter attitude towards those that dare question the sanctity of the divine story.
Savvy investor you are not.
B/p: Welcome to the world of investing - I don't believe investors need your helping hand; it appears you consider them to be fairly naive.
I'm not here to trick anyone - are you?
//Do you want to participate in that success? //
Should add "or are you prepared to lose everything you have invested?"
Ojay - stop ramping!
Wasn’t expecting this today.. It will be interesting to see the response tomorrow
Whatever you investors do: Do it with conviction - and not based on any of the stuff you read on this BB. If you're a savvy investor, you'll be able to distinguish between valuable information and garbage.
All of the other jibberish on this BB has abolutely no value.
Judge for yourself: Does PM have the potential to become a bigger or even great winner going forward and consequently making
1. the company
2. the investors
3. (maybe) the country
extremely successful?
Do you want to participate in that success? As WOS correctly says: Buy, hold or sell - it's your decision.
I wish you - and particularly myself - all the best!
We will know by friday what has happened in cabinet meeting.
Construction ministry submitting oil pipeline paperwork to cabinet .
Mr master should be Wednesday :)
Wos when is the next cabinet meeting
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?