George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Mr Art this why I add very important point if fundamental in post
Then dud not have full funding, Velocirapror drill ready, Heron appraisal well drill & EL, Renewable JV and with higher oil price now ;)
This is why expect breakout back to same level very soon :)
I'm well aware like, I'm just being realistic about behaviour of matd investors, there's definitely still some hesitation given the company history, so I tend to think that's why there's a temptation to take a profit now, please don't mistake my negative outlook to be anything but just been hesitant of listening to the people blowing smoke up people's behinds lol, Im still very optimistic for the long term future of Matd, and will continue to be an investor for the foreseeable
Yes, course yes, but in then 2017, when price share hit 35p only there 288 million shares issue in. This give m/cap of £100M. So same m/cap now, with 1113 million issue in, give share price of 9p. Of course, look good though..........
Surprised it’s so difficult to buy this morning. I’m trying to add but not getting a quote
You are right. Last breakout same pattern.
Pulled back from 6p to mid 5p then push to 8p then 19p then 35p. All this in few week
Much better fundamental now & ready for breakout again with good consolidation of price & retest happening
Look good :)
Syfreshy dude lol shouldn't have sold out you idiot now trying to lower the share price for a trade, wrong time to be trading this, the LP is on its way read RNS then also understand velociraptor drill about to take place which has been awaited many years,anyone listening to you is a bigger fool,
When the LP is signed this could possibly re rate in a spectacular fashion. It’s been like a coiled spring for a long time waiting for the LP. Never mind the drill.
These assets and potential are worth a lot. The sp hasn’t been been over 30p multiple times for no reason.
Mr big bench like header say and post explain
Really is on cusp & expect RNS now any time
Surely the LP must be on the cusp of sign off..come on Buck let’s have it.and get this SP well into double figures
Patterns are irrelevant and historic when fundamentals change and who would disagree that the Q2 news flow is radically different this year as zMatd moves from explorer to producer!
hopefully this is the last hurdle. Thanks again
It is Q2 2023 Have you put this in pattern?
- LP with only pro business Cabinet signature
- Velocirapror drill with full funding, permissions & enough for Velocirapror 2
- New Block licence
Will not even mention DQE or renewable. Just whatever expect in Q2
Maybe put this in pattern lol ;)
All pages are bit dead no new info has been posted.
I think meeting that took place yesterday is what PM was waiting for.
I can't see any other meetings taking place for the L.P..
Next few days or even today we will know
2019**
Hope so!
Definitely not 3p, in past I've never seen it drop back passed the start point, but I'm yet to see a raise like this actually stick since 2018
Today will be a blue day . The small drop was a settling period following last weeks gains .
There’s lots to look forward to regarding multiple news items.
Additionally Mongolia wants to place itself on the world map for foreign investment.
ie attract companies to operate and maximise the potential of huge untapped resource .
MATD are perfectly placed to take advantage as we operate there and have long standing relationships.
Better to share good information mr NicetiMichu. Think this more useful then joke sir ;)
First think must be clear on matter of Local permission & Special Certification for land.
Update on 14 Feb say Petro Matad look for local approval in PARALLEL with Special Certification process.
Update on 3 April ONLY mention Special Certification process & show this is advance stage with only Cabinet signature needed.
This show clear path now for LP process and must understand this with other development like New Licence Block which have time dependence.
Reason they push this fast now is they only get 3 tender bud for first 5 new licence block & second round of new licence block soon to launch.
Mining Minister speak to foreign investor in Canada & at SE Asia Petroleum Expo. New bidder will need to see Petro Matad LP and why rush to sign from Cabinet.
Yesterday Parliamentary Committee on Food & Agriculture with United Nations hear from farmers from Kentui, Dornod & Sukhbaatar with recommendation to improve land use with responsible practice like Pasture Rotation because of desertification. Meeting happen all time but must see if relevant to LP
Now easy to see in clear way this is about Special Certification process and easy to see this is right at last stage now.
Will Special Certification happen this week? I cannot say but can say VERY good chance of this with Cabinet Meeting this week.
Also when RNS does come we all have very good idea what re-rate will be like & very dangerous time for trader this week to be out.
Hope information useful
Happy to have my share safe :)
What makes you think it's going down to 4p or 3p.
I suspect now profit taking has begun from this small rise it'll continue a downward trend to a certain level and stabilise, maybe 4.2p is my random guess ! We'll see
changing my mind on wiseowl sponsoring our s/p breakout party .. instead, I propose he now sponsor party for cabinet ministers .. with feather, sir.. and if that doesn't work. I propose he sponsor another cabinet !minister party too.. without feather, sir
Dozzawba, many thanks, if he replys we may have a clue withing the answer even if it's not the answer we want
Email sent to Philip Malone iamrich. Will keep the board posted when I get a reply
Iamrich, I'll ask the question, not sure if he'll give us that type of info though, but I'll have a go anyway