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Header say all - price stabilise yesterday and finish Blue on google finance. Look like Buyer Momentum timing to PICK UP now - we will see!
Some people maybe do not understand Market if they want 100% certainty - bigger OPPORTUNITY is before RNS confirm.
Buy or not no problem - your money your choice.
For me - We HAVE Oil / Law Protect this / Central Govt support / Plan A (agreed already) & Plan B / DQE JV announcement / Fast track - Low cost growth plan / Block XX extension into est 3 BILLION bbl reserve / New Blocks / Entry into biggest growth area Renewable wity high level Govt contacts for Contracts - China export
Momentum will pick up price RAPIDLY once work program RNSd - we expect this WITHIN next 9 days.
Again - no one force anyone to BUY here - hold stock for RNS or not!
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Or 9 days to go and WoS credibility blown out of water .my take is RNS will come and usual working towards getting LP over the line . Let's see who is right
Header say All - BUY or Not.
Simple!
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Make that 8 days
Also maybe see how meeting did go at Mata Sum Office 22nd March (after 1st March RNS of late Feb Agreement) - and 132 tonne Oil donation 21st March.
BUY or not (hope you do not sir π)
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Bought in many years ago mate.
Doesn't matter about Wos credibility or any other blogger on these boards , it's about Matd the company.
weather or not ,based on Notifications given the company is undervalued or not.
π― %
I expct an GAMECHANGING RNS - FULL OPERATIONAL UPDATE / WORK SCHEDULE to move Company into REVENUE generation stage & major immediate RE-RATE / start of Uptrend off this! (base on all development background Intel).
Also open door to Multiple other RNSs linked to this!
*Just wonder why posters like Mr horse say they still hold with opinion they have? Lol!!
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Just wonder why anybody that is 100% sure about future needs to create fomo to sell before that rns?
Why not just wait and see? Or better buy some shares?
Well it is obvious if you want to see wink wink
Amazing opportunity which should not be missed guys.
Nayers claim MATD fails but still here!
Massive rerate not far away.
None of your business Wos . I just don't agree with your predictions or opinions . All will be revealed or not within 8 working days .
You will find the closer to major news and share price move about to happen the more derampers and negative posters appear on every stock, then they all disappear after the RNS lands and share price rockets,
Certain wannabe shorter on here is living in fantasy land, claims his shorted but he hasn't even told us when he opens one and then it's come to fruition,
Mond a few times he has tried this on matd but share price went up π
Just sad individuals just let them think they are winning although most likely depressed and stressed with losses
This ride is getting interesting as we approach tha AGM in approximately 10 days time.
If those still sitting on the fence and are undecided i can't see them ever taking the plunge as this is the best time as ever.
True the board has a lot to tell us and its also true that its been quite a delay but this is AIM and it should be expected.
GLA
Iβd becoming a white knuckle ride for me Iβm fearing the governor has eloped and without his signature we cannot proceed for whatever bureaucratic BS government will say we will create a special ruling to override him or hold a meeting to replace him etc I donβt know this silence giving me the PREMis
GLA
Mr Furion - you may want to check out Plan A which is district sum Agreement which they already have!
Provincial governor signature is for Plan B Special Certification land conclusion.
Plan A allow them to start Operations and why they have started preparations with Contractors.
Discussion on this BB is whether local Sum (Matad Council) have completed paperwork after Agreement in late Feb / RNS 1st March.
My understanding is Company do not need to RNS this since they have already RNsd AGREEMENT REACHED and paperwork being prepared (1st March RNS) - same way they did not RNS transfer of cash by Finance Ministry when BB poster say they must.
Some BB poster say they must RNS finish Paperwork but mr Mike Buck see example above - also Mr Buck like SINGLE BIG RNSs.
We also look at 132 Tonne fuel donation to Mata Sum on 21st March (probably as thank you π) & 23nd March meeting if protestors at Mata Sum office where they show hard time.
Good to keep up all Intel ten can make more CONFIDENT investment decision.
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We dont need to guess. The situation was spelled out in the RNS un March. No update since.
Operational Update
Block XX local level land use approval: In light of the ongoing delays in the completion of the process by which the Company's Exploitation Area is being confirmed as State Special Purpose Land, the Company has engaged with the District authorities to secure local level approval of land usage. At a meeting of the Matad Citizens' Representatives Committee at the end of February the Company's application for land use in 2024 was approved. This approval covers all the areas in which the Company wishes to operate during the year. The approval means that the land use agreement can now be prepared and signed by the District authorities and by the Company and it will allow our planned operational activities to go ahead whilst the Special Purpose Certification process is completed. We are hopeful that the Provincial authorities, who are holding up the Special Purpose Certification of the Exploitation Area, will not disrupt in any way the District's approval process, but we remain vigilant.
This bit. We await an update.
We are hopeful that the Provincial authorities, who are holding up the Special Purpose Certification of the Exploitation Area, will not disrupt in any way the District's approval process, but we remain vigilant.
And whilst maybe, technically, the company doesn't have to RNS that the aforementioned agreement has been formally signed, its a pretty important step and considering the extended delays that long term shareholders have had to endure, it would be extremely inconsiderate if the company to not to do so at the earliest opportunity.
Therefore, my view is that currently, as of this moment, the matter is not resolved.
"And whilst maybe, technically, the company doesn't have to RNS that the aforementioned agreement has been formally signed, its a pretty important step and considering the extended delays that long term shareholders have had to endure, it would be extremely inconsiderate if the company to not to do so at the earliest opportunity.
Therefore, my view is that currently, as of this moment, the matter is not resolved."
Agree with all of this ^^^
Yet we know itβs been a hard winter and the activist got mad when learning of hhe $200k compensation to ten herders .
Plus donation of 130 tons of fuel
Another thing to consider. Looking at the activists' videos, the weather is clearly a lot warmer. In fact, it looks 'drill ready', and yet we have no news updates. Mike Buck may like to put out a large single RNS, but the company is obliged to RNS anything that may have a material affect on the share price.
That said, things could change any minute.
@Doc
I grant you that the matter is not resolved. But that doesn't mean that its not going to be resolved very soon.
If the matter is not resolved and no mention in the the AGM and RNS of how the board are going to resolve this than you would expect this SP to sink wouldn't you??
Lets see. I am taking the view as most here do that this is going to go north and we will see a big Improvement .
Hope I am wrong. Lets wait and see.
GLA
How many times have we heard the word "soon" days ago weeks ago months ago years ago. Always soon but soon never arrives . Oh well we have 8 working days for a ground breaking operational update . Why do I know . ? Because WoS says so
Plan A - Agreement reach end of Feb
- Do not need to RNS physical document imo just as did NOT need to RNS cash transfer in case of Herder compensation (even though BB posters INSIST it is material and need to be RNS
*Mata Sum very small and no big beauracracy!
Plan B (Special Certification) - signature of provincial governor needed but do not have.
Plan A does NOT need Plan B for actual OPERATIONS!
Not as complicated as some BB poster want it to be.
Ones who make big fuss now are probably same who getting ready to Buy as days count down (they have history of this) π
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