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People like mr Dowazabba Mr Bob & even mr Hamm make good point. Some agree with & some not but think this is important
2023 will be VERY BUSY year & this is what RNS say & does not rely on LP
SP was 5.5p when everyone think LP coming in 3 month. Now we know Mongol govt make law so local people cannot stop LP & local people now more happy to agree with MATD for LP because know they have no choice.
Company say progress with local people & govt so do not think it will be long now so if 5.5p with 3month wait before then will see price go back up now
Also company confirm DQE negotiation complete & terms agreed. Now contract with DQE head office so only need final signature for RNS release of MULTI WELL deal
Velociraptor drill contract with Canada company agree & expect RNS to confirm spud day
New Block issue news come when come but Phase 1 done now
Maybe I do not agree with mr Hamm to stop all activity until LP because I think when company say progress made this is not empty & can see with new Govt law & local people ready because of this
Think when Mining minister say 3 month he should add 1 or 2 month extra because of slow Mongol Yak speed lol but will come very soon ;)
Think this will come before any drill result for Velocirapror & same with DQE RNS & new block RNS which will come before Velocirapror result
This is why important to keep busy in 2023 & lots happening for MÀTD in next few weeks
If I agree or do not agree with some holder here on some point most REAL holder know lot happening now with full fund & expect price to be much higher then price of fund raise
This is why I can say Be Happy :)
Hope this help genuine shareholder & very good I think :)
Resolution 6 - Permission for Buyback up to 15% of share issuance
Discuss debt funding but although Heron field very big Heron 1 smaller so debt funding limited
Pushing very very hard for LP and making noise / feedback from corridors of power with contingency for 2024 but CONFIDENT for 2023 for Heron production
Sympathise with local community but Petro China now make big effort in local area & change in attitude with local because of this. Have made voluntary draft agreement for local people to help them
When will Heron Land issue be resolve? Many meeting in last 10 day & meeting this morning give mr Mike Buck CONFIDENT "will be soon"
Did not hear next question but Petro China will lend equipment at zero cost but regulator say must pay token cost so MATD very please with this
What is current net cash position? $10-11M in bank
Why so big discount in raise? Painful for all but because of previous low price and price run up for short time institution only agree 2.5p BUT very oversubscribe. No further activity like this plan
What change from Dec? Opportunities & Renewable JV need. Neerf to guarantee operations independent of Heron
News coming? Site mobilisation & lots other so RNS run up to drill and expect possibly early before Q2 Q1. New licence RNs EARLY MARCH
LSE.co.uk INTERVIEW coming :)
Well done WOS, credit were it's due for summarising.
My questions did get asked. Sadly, being online/webcast, you can't easily ask follow up questions like you can do at an in-person AGM. But at least they were answered to some degree.
The renewables stuff and Velociraptor while "potentially transformative", are exactly that. Potentially. The only game in town at this very moment is Heron. And I personally don't think that will land anytime soon, i.e. not in Q1 or even Q2.
I hope to be proven very wrong.
Mr Doc no problem & hope it help. Maybe you right but maybe wrong & sound like Mr Mike Buck think will be soon from direct feedback sir :)
Mr Mike Buck say have been pushing very hard in corridor of power and feedback VERY CONFIDENT LP come and drill Heron 2023
Build up to Velociraptor drill mean RNS can expect more early then drill in Q1
New Licence RNS early March in next 2 or 3 week so can see seperate from LP is lot of RNS
Also like header say price was 5.5p before with 3 Month wait for LP so with all other RNS coming soon & Velocirapror I think have good reason for confident evwithout ramping sir
Be happy :)
Look forward to LSE presentation now & hope price take of like before but confirm can expect other RNS in next few week :)
MB doesn't give confidence to shareholders.
Lets wait for another few more months and see how it goes.
Mr Master will only have to wait about next 2 week for next RNS so see then & Velocirapror update in Q1 :)
Nice 500K BUY
03:45 "We are hopeful but let me say CONFIDENT for Heron drill in 2023"
11:00 "Spectacular wind & solar potential" Govt really pushing this and Subateppe already have bring project on line & discussion with China to supply renewable energy.
16:00 MATD help regulator organise new licence round (near field exploration in East & Wildcatting in West) & have big database of whole Mongol geology. Long exploration period of 12 year so finance development from production or partner with company who want to enter Mongol area
1st phase 5 of 14 block and seismic exist so MATD will get them & do reprocess
19:20 What newsflow to expect? Every day full focus on LP to get news out (but confident like he say at beginning) - Drill contractor confirm can do in Q2 so RNS for exact month then RNS for site mobilisation & any other update for Velocirapror - Licencing round update RNS Mongol want to get done quickly and in AGM talk say early March - Renewable project exclusivity
news
Sound very confident & positive for RNS news & watch yourself please then will see :)
Header say all when look at how price go next few week I think :)
Look like big potential Velocirapror spud date RNS & new license block RNS Q1
WOS, good summary. Thanks
MB comments/interview was fair and honest to me.
Sounds to be super busy and very promising 2023.
LOL say this when first RNS come in next 2-3 week ;)
I BUY little bit more as well for 17,001 13:01
Thus us my BUY so no one else tell lie about this please. Interview was good & lots of different RNS but everyone can listen themself
Happy :)
Me too WOS, will do this week. The share will not stay at this silly price.
Guys,
Already have over 2.1m shares but bought 100'000 more the other day. Tempted for a last little top up ....
GLA
WiseOwlSpeak
Posts: 298
Price: 2.875
No Opinion
RE: SP was 5.5p with 3 Month Wait in Dec/Now Have Very Busy 2023 Coming UpToday 13:30
I BUY little bit more as well for 17,001 13:01
Thus us my BUY so no one else tell lie about this please. Interview was good & lots of different RNS but everyone can listen themself
Happy :)
I bought these today, wise owl speaks with forked tongue. Please don’t pretend you good person Mrs wise owl who buy shares make you look good investor lol lol lol don’t forget to be happy