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The likes of PhillipTan are dangerous. He reminds me of a poster called Magnus49. Saying it's DEFINITELY going to multi-bag.
Once LP arrives, fair enough. But the fact remains we are still waiting. We are dealing with a third world government where jiffy bags are likely thrown around like confetti. I fear MB has simply been given lip service from the minister of mining.
Wondered the same myself given that news is supposedly imminent.
Some people have maybe already made enough profit and / or don't want to take the risk.
LTH holders have no doubt been considerably up and then considerably down in the space of a few days like I have myself numerous time over the years with Matad. We're still holding though because we know the potential is huge.
Fingers crossed it finally pays off soon.
GLA
This share is not going to reach a £1 at least not in the immediate future. Please do not over ramp the share. Yes it is undervalued but not by 20 which would be £1 per share. Personally i would be delighted with 40p per share telling people this hit £1 is cruel although if Velociraptor were to hit then anything could happen but only as a 20% chance.
Because Mike B doesn't tend to deliver on his promises. Yet gain like last year we are hanging on his words from presentation back in Oct that the LP is a matter of weeks away. For newbies dont get too excited . Us long term holders have been waiting for a very long time . I'm again after feeling enthusiastic in recent weeks feeling that confidence starting to ebb again
Maybe their risk factor isn't like some longer term holders. GLA
considering this is going to multibag as some say why are people selling ??????
Do love PTans optimism (x20 MULTIBAGGER), that said who knows, i would be very very happy with 15p which i think is quite doable with the right news, that said, would i sell at 15p, maybe not, if it makes 15p it would be a case for re-assessment at that time.
Not even a best case scenario - purely from the asset they have on announcement of L=land permit, it will be a $200m company, so SP should spring to about 18p GLA
Anyone have an idea of what the potential market cap of a company with this much oil would be?
In a best case scenario where all licensing is granted
thanks
Got 120k at 4.8p have logged 130k to buy at 5p when market opens.
Think 4's may have gone now and 6p next target.
Doc.... The wheels of the MG must turn very very slowly, remember the time it took to get the EL, just hoping we get it before end of Jan, but once it lands there'll be no stopping us GLA
C001959 - indeed. So why the delays?
we have already been granted the EL so why would they then turn around and not grant us the LP that wouldn't make sense. So hopefully it'll drop any day now fingers crossed.
Doc, MG is waiting a big brown envelope / or maybe even bag. That is the reason and strong evidence of MB constant lie about the great support of MG to the company.
Hamm - what needs to be “sorted” to get the LP?
Genuine question.
Mast, I agree with you. It might make the Chinese workmen happier after their celebration.
Apparently the weather is -40 in Mongolia. We have enough time to get LP sorted one way or another.
We have a very good support at 5p now. Any good news the share price will go up fast. We all know how it works.
We need to relax for now.
Does anyone know why the MG haven’t already handed out the LP? They can overrule local government and have said we can have it, so why hasn’t it been printed out and posted? Why the delays?
I can't see how Chinese new year is going to affect PM.
We need Mongolians to make swift decisions.
Well then Zellman - let's hope that those Chinese people heading home are PM investors and have reason to celebrate!
Chinese New Year soon ...so maybe it will effect some issues regarding progress ,as most Chinese people go back to their home town for the celebrations..
Good job Cormie: I assume you're well ahead of me in terms of share holdings although I really can't complain about mine.
Whichever way I really hope the long wait (years!) will finally pay off for all investors - irrespective of how long their investment period may be.
Can people buy large amounts today.
Slowly ticking up
As overseas won't know till the morning but put 50% at 4.8 and 50% at 5p.
Looking at the trades pretty sure got the 125,000 at 5p.
Will possibly lift the 4.8p to 5 tomorrow
Hi Cormie,
I am not subscribed so have a 15 minute delay, has your order gone through? If it has not do you mind telling us what your bid value is?
Strong buy Champ!