George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
As long as they are better researched then you 2 today! 😂
Let us keep BB busy!
Atb sir 🦉
"Can you come back tomorrow also?"
Of course, if you send me an invite on the COPL forum I'll gladly oblige, can I bring my very well researched friends to help you also?
Sorry placed on wrong thread
Lol fact is fact and that is cash balance, these have been clearly stated, we don't need to guess we know the cash available.
In fact its actually worse than I stated, as indeed it's not all actually cash, indeed as of 30 June 2023 the cash balance they reported being USD 8.39 million, this was infact only $820k in cash the rest being in 3 month term deposits.
In terms of future planning, cash will already be precarious when you look at the burn rate. Placing will be at under 2p is my guess, maybe considerably less.
Can you come back tomorrow also? 🚀
🦉
Yes Lagueule you are right. MB uses lubricants and very sparingly. Where possible, he doesn’t use it in vain. For example, without any lubrication and from the very first days of his appointment was able to crawl into the MG’s ass and start shouting how comfortable he was sitting there and what the great and constant support he is receiving as a parasite.
Jesus 132 posts! https://youtu.be/qVXqJCYWJ2o?si=4G83LB0dnAJorWCP
I think it's an assumption if there are 15 wells up and running at maybe 500 barrels a day per well which won't be for a few years anyway, 1st things 1st bloody LP needs to be in hand B4 anything. GLA
Lucky we do not rely on your calls but official News sources! 🦉
NO - we made figure up! 🦉
Investor33: "Stas20 - if you think that MATD is a waste of time, then why waste your time on here talking about it ?"
I think it's more that Stas and others have had enough of WOS going over to other boards just to criticise and then ramp MATD. Come on people, see WOS for what he is and pull together to get rid of him once and for all.
Why won't you discuss a possible placing here WOS. Do you think Mike Buck knows how to do placings, does he have great experience in MATD for doing this.
Lol WOS resorting to having posts deleted, unable to face an argument.
Mr Laguelle - "All I can find is the bopd for the half-day flowing at one well head 5 years ago."
That tell us everything about how hard you work in your research!
Read RNSs, Listen to Interviews & Read Research documents.
You can start at company webpage and let us know how you get along sir!
🦉
Do you want to be baby fed all research Info? 🦉
Stas20 - if you think that MATD is a waste of time, then why waste your time on here talking about it ? It sounds like you are just a schadenfreude merchant who gets pleasure from other people's discomfort. Usually the liberal peppering of posts with LOLs is a pretty sure sign of this kind of person.
Why not devote your time to something that will make you money - you are obviously an expert investor or trader....?
"During the meeting, both Petro Matad and MRPAM pledgee to work together to enable commencement of PRODUCTION IN 2024"
Remember Govt losing out in PSC revenues while Heron is not producing.
🦉
Heck Company X Platform post if meeting with MRPAM on Jan 16th.
One thing today show is how badly research some people are about MATD investment!
🦉
"after which we plan to seek the approval of MRPAM"
lol good luck with that, not that they will seek approval, just that they will plan how to address the approval question, the next brilliant RNS will be to tell you they now know how they are going to seek approval, likely a letter which will be to request a meeting, which will be the next delay, etc..
Laguele - you are not factoring in the intended JV with DQE, the whole point of which is to be able to roll out Heron as quickly as possible, and with minimal cost to MATD. The 14th February 2023 RNS stated ;
" Negotiations with DQE Drilling ("DQE"), the main provider of drilling services in Mongolia, have been completed and the contract for a multi-well development drilling programme is with DQE's head office for review and approval after which we plan to seek the approval of MRPAM. "
"If you in fact mean 7000-9000 barrels OIP? Well, I don't want to pee on your bonfire but..."
lol, but you just did...:)
"I think people are right when they say COPL shareholders are most vicious ones on ANY board"
lol good English saying uses the terms pot, kettle and black you annoying, cross ramping, vile lowlife. look up the term Schadenfreude
WOS do you think you were a wise owl going over to other forums to antagonise their shareholders and whilst trying to do so, start ramping matd.
Has it in fact not actually just provided reason for many to come here and highlight all the problems that Matd have and why the company is likely to ultimately fail after expending its last attempt at a discounted and dilutionary placing.
Do you fail to realise that some that do not post on here do so as they are not invested, why because they know matd, they know Mike Buck, they know petrovis and they know the environment and knowing all this, they know not to invest in matd.
No need to reply it was rhetorical.
Laguele, I was being kind so as not to come across as a deramper, thus my 2p placing target, however yes I agree with you getting a placing for a company struggling is going to be hard, particularly as the reason for it can not be the same as the last few already used, but I didn't want to say what it might be at.
Investor33 - quite right. It seems some want their hands held with monthly RNS's
Yes, I think a placing is likely here soon, no guarantees but 20 days straight drop in the sp seems to point to it.