Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Ojay, Good stuff"..., lets keep the positive sentiment , ', ..... the water in the pot is starting to get "hotter",... soon it will start to boil"!.... and out SP will see more value then allof us could have expected".
Happy Day " !!!
Greenbacks: I prefer not to get engaged in discussions which have been going on during the last few days concerning PM's overall progress and lack of respective communication.
My opinion should be sufficiently clear to all posters on this board as I have brought it forward multiple times.
I still believe that PM will be successful and that it's success will be reflected in its SP - I just don't know when it will happen; but rest assured: It will happen!
ATB
This board seems to have gone completely mad to day.
We have what looks like a new JV with the government and people think this is defrauding the shareholders. Obviously people here think MB other than being uncommunicative is also a crook and an idiot.
Firstly if you are planning to defraud your own shareholders you would not do it by opening a company with exactly the same name except with energy stuck after and secondly you would not do to a full publicity style photo. You would use a completely different, set the thing up through a third party over the internet pay the £100 or £250 if you want to do it in a couple of hours and it would extremely unlikely that anyone would find out.
JV is going dilute the shareholders i do understand why it should. It should be there to provide an avenue for a completly different business and alternative source of activity and at the moment i think that is exactly what the company needs is alternative lines of work oportunities and to have with the blessing of the Mongolian government cam only be good news.
Does this dilute our share imo no it does not if anything strengthens our share. It will be a seperate business of which if a JV PM will hold whatever the % is agreed for this JV. that is PM hold the shares effectively us. IF the shares are held by MB personally then it would be a different ball game and probably breach of his fiduciary duties as a director but there has been no mention of that and as i say doing with same name and a open photo would be completely stupid.
Personally i think this is good news and could something special.
Some of the posters here are total idiots, the company is progressing but theyvare talking like we are going backwards lol,
Some of these guys must have been cheated on by their Mrs and depressed, hence why they must be being lead on by the CEO of matd they can't accept a good thing,
Shocking, please let's have owl back on here any day, I'm started get depressed too lol, master82, Hamm, Jimi, dowzzaba where are the sense talking people gone
When i worked as an accountant i used to love JV's especially where it was one where we provided the services as it was an extremely good way to cross charge over (legitimately) some of our over heads. That way increasing our bottom line. At the moment makes little difference but might come extremely important for us down the line.
ojay, if you have such great logic why you are in such a **** situation for more than a dozen years, when you have lost your precious time and huge amount of money? nevertheless, you dutifully endure, and even perceive it as a good stuff. if it is good stuff then what else should happen to you so that you could be admit that you are sitting in ****? and you need to do something and not just sell and give up as sheep?
Manro - maybe you could say that in a way I can understand. Once done, I will gladly respond.
Mike Buck is no two Buck Chuck.. so best not be caught with pant(s) down when he make(s) big announcement.. leaving those on sidelines saying oh +uck..
I'll go as far as re-iterating my point:
There's no doubt that Mike Buck is capable or digging deep and pulling out a large one.
Clearly, not the time to be caught with Pant(s) down, Sir(s) !
Ojay, I didn't expect any other respond from you. You're happy as you don't realise how unhappy you are. I don't wish you any bad and would like to be wrong in my very negative assumptions about the PM. But, you clearly do not understand how much valuable time and possible profit you have already lost. Instead of a sober look and an objective assessment of the company's management, you subjected yourself to some kind of religious admiration and blind faith to all these swindlers - MB and his predecessors. Such faith and admiration usually ends badly. So, you and all of us who had the misfortune to invest in such a crap company, going to be very lucky if we can get out from it without any further fraudulent deals and even bigger losses.
Manro on the 3rd of April you were pushing matd on other boards as an excellent investment on the 15th April talking about velociraptor being drilled as a fraud what changed? Sold out did you talking your book. Gla holders regards jack
Manro is - still - a basket case. Nuff said.
Yeah manros been in MATD for years doing this, trades it and blows like the wind,
LP anytime folks and with velociraptor and other big news to land this is going to multibag!
Jack, yes I did it because couple of weeks early I received a very promising message about signing LP and share price starts rise steadily. But its turned out to be just another rumour, which apparently was specially launched by someone directly from the company. For the source from which I received the initial information is very reliable and who was also suffered too making a very large addition to his already big holdings. So the only factor that can convince me now that the company can have any future is whether it gets a LP and starts drilling Heron before Raptor. If this does not happen, then this is a 100% fraudulent company and everyone who participated in its creation and management are criminals whom we must bring to justice. Otherwise, everyone invested in this company and lost money will turn out to be nothing more than humble sheep.
Manro so you and your contact had information that lp was going to be signed and both took large positions which since have gone up? So why not sell these positions and bank the profit if your now think it's all a scam? Gla holders regards jack
Manro there is no law and it's not criminal to drill another exploration well before getting permit to sell on another well lol, you might like as your looking for security here, but look at what's going on and the fact the Mongolian government have just created another energy company with matd, that alone to me says the LP is guaranteed or else no one will invest in Mongolia and say good bye to the all new licenses they are or have tendered out,
Let's not start to draw up our own coonclsuions and just wait, most of the time on aim all we see is people constantly ignoring company news and RNS and putting forward their on theory's and get guess what they are always wrong but dissapear and no one's there to pull them up on it
The inference that if GoM doesn't "do right" by PM then other companies won't invest in Mongolia is a fallacy. Companies will go there because there's resources to be exploited. They'll just make sure they have a cast iron agreement.
Which is what Mike Buck shoulda done BTW!
What idiot would spend time & considerable amounts of investors' cash prospecting for oil if the powers that be can turn round & say "Thanks for that but you can't extract it!"
We all know that LP is delayed due to the local government issue.
Other provinces are lot more friendly to exploration companies.
MB said the local government doesn't have a VETO .
Remember when heron was stopped by the local governors they had to let the drill complete by the order of Mpram .
Point is LP will be given and theres is nothing the local government acan do about it.
Just like how it rolls in the UK. If planning application is rejected unfairly you can take it to government level and usually whatever the main government says goes.
The paperwork just need signing of so can't see it taking long now
Some people on here will never change.
If LP is granted then they move on to when oil coming then oil flow rate .
Best to do your own research and make your mind up before investing.
These guys have been negative since 2p and now its 6p
No one is giving a good reasons why LP won't be granted
I'd have to agree with Greenbacks.
Having a "cast iron agreement" as BP mentioned earlier isn't going to do you any good as we all know by now.
Master82 is right:
- Some people on here will never change
- No one is giving good reasons why LP won't be granted
- Local government doesn't have a VETO (against the LP)
ATB
//No one is giving good reasons why LP won't be granted//
One reason might be that GoM want to reserve the oil for their own use. Happy to let PIs continue funding PM operations.
"One reason might be that GoM want to reserve the oil for their own use. Happy to let PIs continue funding PM operations."😂😂😂😂
What an interesting answer. Why doesn't the government start doing its own exploration and cancel all mining contracts in Mongolia.
If you had a brain you'll be dangerous Bad prophet