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What chance you think of blue at market close? ;)
Retest done with more low price holder out & new buyer in & ready to carry on uptrend.
Good chance I think :)
Interesting...thought i saw 5.30 at the Open.
Then little drop and back up again.
Are MMs back to their tricks before the next Wave higher...i think so. Next wave should be stronger to have another crack at 6p today/ tomorrow
Expect same again mr Flava :)
Glad today price does choose to consolidatate for my transfer top up buy tomorrow :)
Bobat, please look again. These so called buys were immediately followed by a deletion.
I'm back in MATD - last ride was back in 2017 from 4p to 30p. let's ride the winner again!
They need all the Crude they can get hold of to feed 30000 bopd to the upcoming Domestic Oil refinery.
Petrochina production from Blocks 19 and 21 been declining over past years from 25000 peak to current 17000 bopd.
Heron-1 oil field needed to ramp up production to 9000 bopd.
Even then PC and PM crude oil production will fall short of the 30k barrels daily feed stock needed for the Oil refinery.
Heron Land permit is a given....No brainer.
Just simple common sense. No need to over complicate things.
Added few more.
Mineral Resources and Petroleum Authority of Mongolia. = MRPAM
If we're gonna keep pushing them, let's at least get the acronym right. No "pram" pushing here.
Bob. Please explain more.
TIA
Sharecode 600 printed for the believers - Apply resistance at the ASK to keep the price from increasing
Main thing what happen with price header say.
Keep simple :)
Peeps loading up
12-Apr-23 08:05:03 5.125 750,000 Unknown* 4.90 5.10 38.44k O
12-Apr-23 09:28:01 5.51 750,000 Unknown* 4.90 5.10 41.33k O
12-Apr-23 15:59:40 5.30 500,000 Unknown* 4.90 5.10 26.50k O
12-Apr-23 12:33:21 5.25 500,000 Unknown* 4.90 5.10 26.25k O
They wouldn't have crude for their nice new refinery gla holders regards jack
the price would ten fold, obviously...
What would be the the outcome if Mongolian Government denied Land Permit to PM?
Master82 many thanks for your posts, LP is a given 100% we just need them to sign it off, matter of days now, tomorrow I can see all the traders back in again for the next ride up fomo friday
Add small amount today. Overall still speculative stock ( hands burn with Pensensa)
If true this will move to 35p I'm already happy with this small invest.
Mr monkeyjack good top up.
Will need to wait tomorrow for my one with fund but think will be lucky to get this price sir.
Like mr Hamm say & header before of fast move to 35p like history show anything now at this level will be VERY happy with.
I post my BUY tomorrow when is done or people say he say this or that but not true
Be happy & true :)
MRPAM already know outcome of LP :)
Mpram showing block 20 as oil production area.
https://twitter.com/Smaster1982/status/1646418953609134080?s=20
This call retest of support mr Bad Prophet lol. If you understand this you be more confident sir.
I understand this because I do lot of research & never do stop for learning of investing sir
Tuesday could not great resistance at 5p then dud break yesterday & now retest to make rise better & give even more confidence for buyer.
Read "Byvwaiting for a retest you are essentially waiting for any weak hands before putting in a position. This provided you with a STRONGER foundation from which to buy which leads to a greater probability of a SUCCESFUL OUTCOME."
I look at what company do to make investment but this tell you also & why I keep say better for low seller to go now BEFORE all newsflow in Q2 & LP
Hope this help & better to consolidate along way.
Price look like back up nowafter did do good retest & uptrend strong :)
Be happy & with knowledge :)
Every day we are having 300+ trades says it all.
Don't be tricked to sell your golden shares.
Lots of buys @5.51 for 750000 printed on level 2 from yesterday. Also lots of 500000 buys @5.30 from yesterday.. DYOR. MMS filling orders.
10x big buys, but I am expecting 100x big buys.
Massive rerating. Forget about 6p. This with LP easily would be 20p+ for just start.
Amazing opportunity guys.
You might be right Bad Prophet, but I think the odds are against it.
BP old chap... we are no where near peak just yet... put a 3 in front of current SP and we may be getting there!
Blue soon IMHO