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MMs are loading up ready to let it fly when they feel like it. Happens all the time. Just have to wait for when they decide to let it spike
No surprise, the MMs are taking the pis* today
Just bought £10k on the nose but not showing
Coldjoe, in short I have invested in PM not too long ago, just before MB appointment. And I did it because of very good knowledge that Mongolia has huge oil potential and high probability of discovery, especially if its going to be done by true professionals. But I believe also that such a discovery can be made even by mediocre people by pure chance. Therefore decided not to sell all of my holdings and get possibility to learn a lot. And not so much on my own mistakes as on some fanatic LTH's mistakes. I hope that you will be fully satisfied by my response.
Manro, I don’t think anyone here thinks that MB is exceptional CEO, I reckon average at best (pretty standard for an AIM company), I was just curious why are you still in if you think what you say about the company and why you stayed all those years, but I guess even you don’t know, so let’s just leave it, this debate is a waste of time :D
So it took you 3 years of investment in MATAD to come to that conclusion.
So which is it, wishful thinking or idiocy on your part ?
Hi Coldjoe, I wish you GL with PM too. But being outside the common chorus and not singing the praises of a mediocre, and possibly a swindling CEO does not mean whining but the ability to face the truth and come to necessary conclusions. Everything else is wishful thinking or idiocy.
Atb
Hah Manro good luck with PFC, but I don’t understand why you haven’t sold all your shares here when it was almost 9p this year, but whining people like you are on every BB unless the company is on ATH so I guess there is a pattern
Ramping on behalf of PFC on the PM BB is - at least from my POV - not a good idea.
ATB
I am not, but as I'm sure you are definitely and not by chance related to Mr.Buck. And thank you for reading so carefully my comments, for it is a great honour for me. As for the PFC, it is not so much price fluctuations that are important as the trend and the result that will become reality very soon. I hope that you will continue to observe the success of PFC and most importantly will not forget to congratulate me on the fact that I have exchanged a huge part of my PM shares to PFC and will at least triple their value while you will continue your remote-imaginary drilling and oil production in Mongolia.
Are you related to Hamm by any chance ?
I always find it sarcastically amusing when folk finish a post with LOl.
Just to remind folk of your recent investing strategy;
On 7 Oct you posted “I sold recently a lot of my PM shares and bought PFC.”
On the same day you also posted on the PFC site “ Probably not, they can see 130 anytime even tonight - in their dreams :)”
SP at this time 172.20
On 4 Oct you posted on PFC site “ To all of true investors who believed and patiently waited for the recovery of this wonderful company. Now we have one way to go only and it's - UP and UP!”
SP at this time 193.30.
Current SP for PFC is 130.50.
So I guess dreams do come true :)
Be careful what you wish for :)
Oh and one last thing LOL.
Have a great day.
I couldn't even imagine that such a genuis CEO like MB could not receive his full salary, not to mention the millions of shares. After all, this is the first geophysicist in the world who can remoutetly, even siting in Singapore, find oil in Mongolia, solve all issues of the company's development and eventually turn it into one of the world's oil-producing leaders. This how lucky are all of PM's shareholders. Lol
Thx Jimi - that certainly clarifies your post of yesterday.
Ojay, not disputing that there will be activity going on in the background I was just wondering if they were being paid in full or are they still on reduced pay due to no works to start until another 5 or 6 months time and obviously the COVID situation. I've been waiting some years now and as rightly pointed out the license for the raptors runs out 2023 so hopefully Velociraptor would be great to be tested next year and I can then decide to stick or sell as that has always been my plan. Get this winter season out of the way and we shall see. GLA
#LOOP looks an interesting one guys. Just researching it atm.
Think #MATD will see some great gains early ‘22
Personally, I don't believe the big wigs are twiddling their thumbs.
Just because there is no visible activity doesn't mean there is no activity!
//Anyone know if Mike and board being payed full wages with all this non activity?//
Why do you think they had the cash raise? Laughing all the way to the bank!
Anyone know if Mike and board being payed full wages with all this non activity?
Anything is possible Hamm, this is Aim after all, place your bets and give it a few weeks, we shall see soon enough
I guess your delusions of the £1 party which you spouted about and ramped for years has faded.
Have an absolutely fantastic week and may all your dreams come true, your contributions to this board have been astounding.
Interesting to see that die hard posters are more confident than MB.
Mb throws in the the towel. Secureing rig contractors is challenging means be prepared to wait another year or 2. My guess is when refinery is built.
Enjoy your week ahead guys, pals.
PM was always able to secure rigs in the past, the things that make it more risky now are:
1. PetroChina's backlog of work from past year due to covid
2. higher price of oil - possibly more activity by PetroChina + higher rig costs? (in one interview of Kistos I heard that ironically the costs of equipment are still the same, so not sure)
3. most of the rigs and crew are owned by PetroChina so perhaps they could use that as a leverage on farm in talks (on the other hand we are a tiny player for them, hardly worth some shenanigans)
I'm confident that we will get our rig in the next few weeks, but it is definitely a risk, no question about it.
//I don’t know anything about drilling for oil, but surely they can get rigs organised by April. Where are they coming from?//
Rigs are probably the least of the problems. What's the infrastructure like - are there roads? Accommodation blocks will be needed for the crews. water, sanitation, catering, generators (needing fuel supplies). It all adds up.
I don’t know anything about drilling for oil,but surely they can get rigs organised by April.Where are they coming from?