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Bit premature to be talking celebratory parties. I remember a similar situation on another stock which was "nailed-on", "guaranteed" to multi-bag once it received trial results (which, even by the most learned people and analysts had a massive chance of success). Parties planned all over the place. They even had their own "Wise Owl" posting the same "multibag!!!", "£10/share!!!, £20/share!!!, £3000/share!!!!", "see you down the Ferrari dealer!!!!!" crap 50 times a day.
The trial failed.
The stock lost over 90% of its value that day.
Let's at least wait until good things happen until we start getting over excited, which hopefully they will. Good luck all.
The market hasn't opened yet but it shows 3 trades!?
Me too Mojito. Have been invested since 2016 and have been waiting, and waiting, and waiting so long that my knees do need replacing now. Although 27p party seems a bit low to me. Hoping for much more. Well at least the permit to begin with. GLA.
Party would be great. At what price should we have one?
4p to 58p….. yep I’d say we are on our way to the mother of all multibaggers..hard to think we are still in single figures considering how close news must be…it’s actually overdue so it’s not being overly optimistic to say it’s literally due any day. GLA.
Another blue day today ..few % tick up as positive vibes take over … but looking out the window it’s going to be a white day!
Look forward to it
The share price is seriously undervalued. Multbagger ? Certainly. It is just a matter of time and we are very close to get re rated. Let's see how fast we get LP and back to back RNS and finally to get to 58p+ valuation by independent analysts.
Great post like mr Rich & other say & thank you all good people who share.
I put all post in 1 word MULTIBAGGER from this price
Hope this help & send love to all genuine holder & even one who make personal attack on me ;)
Be happy to make money in good way with good under under under value stock like MATD :)
I think halfway through May would be good and the middle of June and July can be on standby , there’ll be werthers originals too, …..bowls full, for those who were teetering on the edge of a decision .
Oops, it seems our earlier comments raised WOS from his slumber.
Sorry everyone.
Anyone seen Phillip Tan around...............?
What month :)
Great summary D1nger….. should have topped up even more today as I feel it’s not going to stay at this level once the newbies digest your post.
Agreed great stuff from Master.
iamrich.... Lets hope that this year you have to change your name to iamveryrich lol
Great posts guys keep it up and I think we need reminders on here on what's happening and what's going on for the newbies too, as some of them may miss out on crucial pieces of info like what master posted on the local government meetings,
Anyways I think the biggest giveaway for me was when the long standing shareholder the likes of petrovis invested a million dollars on the current raise they must have had some knowledge of what's coming to risk another shed load of share buying in a company they are already have a risked stake in,
Gla and wish those long termers that this is your year and things really happen, I know some of you would like to see this through,
D1inger.... Sounds like you might be thinking of hanging around until the dividends start to flow if and when they do, after reading your excellent post I might join you lol GLA
After the last operational update, it was quite obvious that being granted the Local Permit is the definitive catalyst for both the company and the share price.
There are a few of us here who have been in for quite a few years but most investors on AIM are looking for a quick profit and then move on to the next target. That lack of patience has been the largest suppressor of the share price and hopefully after the LP is granted and the short term investors take their profits, this company may start attracting more of those willing to see the bigger picture and the benefits that will generate.
Fundamentally we have an asset in Heron that can potentially produce 60million barrels of oil currently worth circa $80 per barrel. That’s $4.8 billion and it’s ours. We are awaiting DQE’s HQ to sign off on a multi well programme to exploit Heron.
Velociraptor is a biggy. Yes, it’s an exploration drill but the board seem confident. Velociraptor, if successful, also installs more confidence that Fox and Phoenix will also be massive.
Then there is the renewable energy joint venture. Mongolia consume 7.7 terra watts of electricity annually. There is a customer base already waiting.
Current mcap nowhere near reflects our true value but the granting of the Local Permit should go a long way in helping us move towards a more realistic one.
Hope you all do really well from this and P.S. Thank you Master82 for providing fantastic updates regarding the current situation.
Bit unorthodox, I know, but I’ve booked the Dorchester for a ‘27p’ party, will supply party hats and plenty of brochures / reading material on hip and knee replacements, hair transplants and car journals for that all important four wheeled purchase . Have booked it in Hamms name as he’s got the most shares. Hope everyone can make it. Date still being verified as depends on Land Permit.
Happy evening all matadors , smiley emoji
He doesn't give a hoot
Except the shorters
Ojay - you really missed UWOS? Really? REALLY?*
Giant face palm emoji.
Happy to share information to keep everyone in the loop. I want everyone to make money here.
master82: Every day is and will be intestersting - Thx for your research!
Îf everything else on AIM would work as good as thier censorship program (bu**sh**)) there would be nothing to complain about.
I think it’s ‘boom’