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well that was a kick in the nuts didn't see that one coming, so we've gone from having 6 mill in the bank and being comfortable to needing another 4 mill in a few months. Perhaps they have sorted the deal out with dqe and realised that they need most of the 6 mill to plough into the development of heron.
now we should enjoy the fall then!
Thornogson - it was actually less than 2 months ago on 6th December!
Just had a quick listen again… go to 30mins. “We have plenty of money for Heron, for Velociraptor 1 and to make a start on 2, and renewables work!”
https://m.youtube.com/watch?v=NO6lIYruWDM
Hamm you should have read your own posts.
He said 'Comfortable.... for now' 3 months ago.
Learn to read the signs that are laid before you.
'.... for now.' Clearly means we'll need money at some point.
He can't afford to wait for the Land Permit, he can't trust what the Mongolian Government tell him, he's duty bound to try to get some drilling activity going this year and that's what he's done.
He's done his job.
No drilling in 2023 and the company might have folded.
I hate to say I told you so (not really)!
Bit sooner & a bit worse than even I expected Go on Dozy - bad mouth me again!
UWOS - MB clearly said in the presentation we were fully funded, that included Velociraptor and the renewable nonsense. He was specifically asked about it at the end and he was banging on about how we have “6 million bucks in the bank” and are all good.
Silly me, I bought the lies. I still hope it comes good but it’s highly concerning there’s still no LP and they felt they couldn’t wait, which tells me they aren’t confident it will be coming anytime soon.
The nonsense you are spouting just gets worse and worse.
Where is Master82 with his equally as nonsense “this’ll be 7/8p next week!”
A Wise (Old) Owl would not be interested in SP profits. So: Who are we dealing with here? If only this guy had a crystal ball and could forsee what the SP will be doing.
WOS defo needs to improve.
wise you didn't answer what I asked?
How low do you think SP will drop tomorrow.
Many thanks
mr Hamm last post tonight so you will be happy ;)
Reason I do not get upset or emotional is because I see OPPORTUNITY
Some people may be upset but I look at JV with Wolfson and how much more money can MÀTD make
I see more license and see how much more money MARD can make
I see company changing Velociraptor 1 &2 and think how much more money company can make
For all this I have been given OPPORTUNITY to buy more share then I could hope before and dilution limited
I know many many people will try to get cheap share in MATD with everything happening
Why would I vebuiset when know price drop will be very very short ;)
Be happy sir & keep cool investor head :)
Tom?
Lol
let us know what you buy tomorrow in advance to see if you mean it!
Mr Dusthater Tom Winnifrethh say COPL will go bust lol but up to you
I will buy more MÀTD first chance & see how quickly SP go back up
Was held down by placing and now nothing hold it down with all news :)
wise give us a break for god sake.
MB is simple a basterrrrrd. period
New JV with Wolfson & 14 new licenses by Mongolian Govt. just some of new cost from Heron and why cash need NOW and cannot wait for LP
Some people do not read RNS ;)
no wise owl, please stop telling us rubbish. MB said he is comfortable with the cash.
stop rubbishing us. he could wait till LP granted unless there is no LP in near future.
If I held this I would sell up and buy copl - I would expect to recover losses faster at Copl.
Also only had a quick skim through but the placing won't be for development of the asset only license and new developments - so I guess expenct more placings. As I say I only speed read the rns so could be wrong.
How
Gl
Hamm: Exactly!! (your post @16.23).
Well ... last time they announced the EL first and then did a raise a few days later. I got stung topping up substantially just the day before that raise. Hopefully they lowering the price to pile in now with good news on the horizon.
One day we'll get a great RNS with no strings attached. Hopefully .....
GLA
Well none of us predicted that, not even you clever guys!
Did not wait for LP because cash for new licences needed & partnership cost with name renewable partner. Also maybe cover Velociraptor 2 cost.
Very simple & must read RNS mr Doc before pant wetting on BB lol
I don't blame the wise. He is on the same boat as all we are really.
I really believed no placing for some time near.
Hamm - In my dream world, that crook Mike Buck hasn't waited to raise until after LP news so he and Petrovis can get a multi-bagger too...
But Hamm, I thought this was guaranteed… ‘sit back and enjoy the ride’ wasn’t it?
So surely this isn’t a problem in your eyes?