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iamrich if we get LP granted soon then we will be ok. See what the market will decide tomorrow. As I said if really drops to 2.5p I may add another 2m shares. I haven't decided yet.
Still disappointed, I cant deny that to be honest.
Jimi you and a few others that post are the only sensible realistic people here and actually have commen sense, majority of real share holders don't even post so they don't associate with the likes of ojay master badpig, the boards are full of trash and people who have no idea of what's happening or going on,
I wish all real investors the best and hold on any drops will be bought out, even the derampers like master and ojay will be buying more but don't let them have your shares for cheap hold tight as next week this will be back up again to today's price
I've waited 6 years for this drill to happen. This is why I bought in.
The plans were to find a joint venture or going alone now we are going it alone so we need the money, again not a bad thing long term as we will hold any find at velociraptor 100%, matd seriously has a big chance here to make it big, patience people and think outside the box,
How much MB puts in is relevant to his annual salary not the size of the raise. Can’t be ****d to look up how much MB is paid, but guess he is putting in c. 10% of his annual salary before tax?
Hold, do not try to sell and buy back this will bounce back hard, too much going on and the shares will be gobbled up fast, looks like they are nearing velociraptor drill, land permits maybe on way, things will heat up now, LP plus velociraptor will happen this month anyday now, patience people,
I may buy 2m tomorrow. lets see what happens.
Guys,
Prick ha ha love it , what am i wrong about BP - that you are a deceiptful, dishonest person. Once again i'll say it, YOU SAY you are NOT invested. Why don't you let everyone on here know WHY you continue to post on here but are NOT invested. What is YOUR REASON for posting on here. I'll tell you mine because i have no issues posting the reasons why i am on here.
I have been invested since 2014, massive ups and downs. Have been p*ssed off with PM and Mike Buck. Frustrated to hell with constant delays, some of which have been out of PM's hands though. Was hugely ****ed off with the 3.5p placing, am not happy with the 2.5p placing, but Buck and Petrovis taking part is good to see. The rest of the RNS i am okay with as obviously something has changed since the December 6th interview. This is my opinion and obviously i could be wrong but i personally believe he has landed the new licences and he needs the cash for them and won't get the revenue on Heron in time to pay for them and he also needs cash for the JV on renewables. I personally think the placing subscription will be oversold.
With regards the LP Buck will be in country for the AGM so hopefully he will be meeting up with the Mining Minister, Justice Minister and Philip Malone and be able to come back with some good news. Will he be granted the LP there and then, i hope so but i am the same as everyone i don't have a clue.
BP, i am invested and will continue to be invested, as said even though i am not happy with the placing, i do see it as a way forward. I am not selling any shares and i will take part in the subscription.
As regards SP and what it will be, i also haven't got a clue, but hopefully as high as possible so all genuine holders make as much money as possible. As mentioned in my post earlier why don't you jump on board and stop the crap you keep posting.
I have had enough for tonight. lets see what happens tomorrow.
100m shares placing!? 25% bought by petrovis may not be that bad!
lets see what market will decide tomorrow.
LP is still the key I guess!
Guys,
I have had enough for tonight. lets see what happens tomorrow.
100m shares placing!? 25% bought by petrovis may not be that bad!
lets see what market will decide tomorrow.
LP is still the key I guess!
Guys,
$25k on a $4m raise is pretty small fry. I read nothing into that. The CEO has to partake and this seems the bare minimum.
Fundraises take a little bit of time to put together, so would've surely known this was in the offing a week or so back and makes it even more galling listening to his misleading words of 6th December.
I do hope they do a live, online/video conf Q&A at the AGM. There's certainly questions I want to ask.
Dozzawba - your measured thoughts on all this? And a comment on how this looks for the LP?
I don't see where any of these funds are being raised to advance any activities with near term cash flow potential. I will not participate in this raise as a result and will just take my share dilution punishment and live with it. There are other things I can invest into in the interest of portfolio diversification at some point, but to be honest, I'm not sure what they are at this time. At least we can make a few nickels just sitting on cash. I agree with some others this is not a positive clue as to how imminent the LP is going to be, but hopefully I/we are wrong about that. It IS a good thing that MB and especially Petrovis are buying into this offering. I'm not really super concerned about how long this will take to come right at this point, so long as I think it will. I would also say that MB buying in is a clue he intends to stick around (or cash in if they get bought out.) Finally, we all know MB gets most excited about drilling for the big hit... he basically said it himself. They probably did the math and realized if they don't do the raise, it's going to be hard to drop the drill into Velicraptor this spring and have enough in reserve for the Heron thing down the road. This to me is also a strong clue that GM is going to grant PM a number of new exploration blocks. I think MB wants to "go big or go home", as they say.
Having said that, strike at Velociraptor and they'll be able to sell out to a competent Multinational who the Mongolian Government would have to play ball with.
BP my thoughts on you don't change - still a deceitful and dishonest investor and you have proved a point by stating the old adage - "I told you so " that means more to you than anything - tells me everything about you.
Why don't you have some "balls" and get.on board and buy back in at 2.5p and cut out the constant crap you keep posting.
Was the British ambassador in on it? Hmmmmmmmm
It's not nice to enjoy someone's discomfort Hamm but your previous posts rubbishing all things Petro Matad and then your overnight Damascene Convertion to all out ramping lunatic make it easier.
What’s the betting the Mongolian Gov want in at this ridiculous low price…. Was MB forced into a 40% mates rates placing to assure the LP gets granted as planned? Hmmmmmm stranger things have happened.
isn't it stupid we have oil but we cant take them out and then we look bloody somewhere else to find fuuukkking oil
WTHE f
2019 they struck oil at Heron.
4 years ago.
If they strike at Velociraptor I'd sell up, take the money and get out of here as fast as you can.
Thornogson - fair comments. But here we are drilling to find oil elsewhere, when we don't even have the LP for the oil we have already found!
70% down what a joke
I don't think he knows when the Land Permit will come.
He's said that he's very close to Government officials, that they understand, that they've told him it's imminent.
And yet it hasn't come.
I don't think he thinks he can rely on what they tell him.
He's got permission, equipment and now the funds to go after the Velociraptor trend.
Once the SP settles it'll be as good a time as any to get in before the Velociraptor run up.
Still Frontier oil exploration mind.
Upside bonus?
The Heron Land Permit lands. That's as good as guaranteed oil income as you'll find on AIM I think.
Guys please, could you put your thought fairly (no rubbish not now) that if Petrovis is putting 25% for placing then we need to sell quick smart of 100.000.000 shares to clear the situation?
then MATD would have $10m cash to go ahead?
Guys please, could you put your thought fairly (no rubbish not now) that if Petrovis is putting 25% for placing then we need to sell quick smart of 100.000.000 shares to clear the situation?
then MATD would have $10m cash to go ahead?
Now we all know MB is a liar. He was asked in the interview, and he clearly said there no need for fundraising.
He needs to go . He has done jack all in the past 4 years.
Looks like we all got shafted badly