Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I agree with back to back RNS soon.
L2 showing a very strong demand.
LP=20p+
Agree 100% with you ibiza.
We could see back to back multiple RNS.
Chinese oil staff expected to arrive in Mongolia in March / April if i am not mistaken.
Or just one Mother of an RNS
I think the news of Velociraptor and the drill dates and timings etc is already known but i think MB knows the LP is fairly imminent and is holding this back to await this and i think WOS is right once the SP is landed then there will be a whole raft of RNS on one thing or another in very short order. Personally the space craft is loaded it is fuelled up and the count down has begun just what it go. And for those people who have come over from Crusader (Bahamas) or 88E this is a completely different bird and not a Dodo.
More top up for me today.
Topped up. Ridiculously cheap currently.
Exoect this to hit over 10p+ overnight when LP RNS lands here.
Just a quick look at what we are looking at here.
Share Price indicator without Velociraptor est 38.9p sp so let's be a bit conservative and revise by10% and 35p. If Velociraptor hits we are talking about 59p. At lot of this is not going to happen overnight but the excitement of the exploration could push the SP up quite considerably more than you might think.
We have 1.11Bn shares in circulation on which a rough estimate i would reckon around 25% are in very sticky fingers and will not be moving at all. The rest will be tradable at a proper price and that will depend on who you are and what your requirments are. The reality is this is not very many. So even the smallest sense of demand here and this SP will sky rocket if the excitement does not match reality then bingo it will all crash back down again. Now everyone needs to work out what their estimates are So as a guide line
10pps = £110m MC
15pps = £165m MC
20pps = £220m MC
25pps = £275m MC
30pps = £330m MC
If the LP lands before the Velociraptor spuds then this share during exploration stage could well run through the 25p on excitement if it does not land before then my guess is this share will stick around the 10-15p range during spud and if still not there when Velociraptor results are known. If a blank this share will drop back to 4p and below if however Velocirpator comes through it might well hold its value even without the LP.
As i see it this is still a gamble but the odds seem to be improving rapidly and the horse is getting a sniff of the finishing lines. Just pray the jockey does not fall off before the finshing line.
So IMHO if LP lands very shortly ie before end of Month then this SP hits 15p, just a MC of 165m, in fairly rapid order. And then during exploration this could easily hit £275m ie 25p per share and maybe even higher if sentiment is high and we know how fast this shift when it gets the right energy. It will then almost certainly fall back on results.
I'd agree. We should easily be in double figures on LP announcement ... 10 - 15p+
We are massively de-risked as soon as that is granted.
GLA
WOS
All good points. Central Govt running the show here and want it done.
Especially after all the major investment in New Oil refinery and infrastructure. Add to that the Renewable Energy focus which can help in a big way to supply power to the upcoming domestic Oil refinery. MATD in pole position now on all fronts finally after all these years.
Analysts price target of 58p (based on Oil $70/bbl) is split 26p for Heron and 32p for Velociraptor.
Heron Land permit opens up the 26p.
Only if you have no understanding of LP process mr Bad Prophet.
Local council agree but does not mean Head Yak herder sign LP & Heron work over start next day.Do not be so simple sir ;)
Mean all clear with Minister who already promise LP to put signature to LP
Please use brain sir ;)
In meantime also have Velocirapror spud date co firm RNS & New Licence RNS news due
Lots & lots of news
Happy for this :)
badprophet..........have a nice weekend
//all approved subject to Ministers signatures etc//
An RNS saying other than LP signed & Heron workover in progress would surely tank the SP!
L2 is very strong buy. Demand is high.
To be honest if there was a leak then we would see large buyers.. I can only see the larger trades today as selling activity from the placing
We can still get high level RNS....all approved subject to Ministers signatures etc. Something on those lines.
News leaks before official RNS comes generally speaking.
MMs trying hard to control this buy struggling anytime now and BOOM!!!
Looking fruity
I think something happened to Hamm on the road to Damascus! He turned from deramper to ramper overnight, quite strange really.
Thanks Hamm, I just bought a few.
Wish I’d bought at 2p (which is where you kept saying it was going fall back to)
Let's see if master82 has any further updates on this meeting or anything leaks or even matd RNS anything today on if LP has been granted and we await only the paper, surely there will be leaks later on or weekend that a meeting has agreed to give matd the permit, could be in Thier news papers even.
ID, this is the best time to get in or add if possible.
Couldn't be better than that.
LP RNS is a matter of time. We are very close.
Welcome aboard AI-Investor.
I think / hope your timing is impeccable here.
I've been here since 2019 and hold a substantial amount.
IMHO, it finally now feels like we are genuinely about have a transformational year.
So much big news is potentially on the horizon for us.
GLA
@ Thorngoson - thanks for the response.
@Bprophet - yeah I’ve come to keeping an open mind to the contrarian view or more negative view is not a bad thing. You are made more aware of the risks. Are you invested?
I think I can see Hamm’s opinion, I’d maybe even say he or she is very bullish…
Mr. iamrich this is good point you make on time for admin process. Thank you sir
Happy to hold for this :)
The positive news would definitely leak and MATD should confirm it. MB said LP RNS to notify the shareholders asa they get it.