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So all FAs posts have been deleted? No evidence remains - the perfect crime!
Finally, I would again like to thank our loyal shareholders for their support during 2021 and into this year. I look forward to updating you in the coming months with our progress." Could be a very quiet few months until next update as the last update didn't appear to be very forthcoming with any set timeline, all depends how long it takes for land issues to be passed through parliament as we all know nothing is rushed in Mongolia and for the Chinese borders to open. All we can do is sit back, relax and chill, off for a cuppa tea. GLA
They won't fundraise until at least Heron 1,2 or/and 3 are on tap. A farm-in is also a reason they won't need to in the immediate future.
My opinion is the market doesn't see there been any production this year? Otherwise the price would probably be higher. Should we get the RNS we are all hoping for then we should see a steady rise. Wouldn't surprise me though to see MB kill any good news with a fund raise. Hope I am wrong though!
The SP seems to be holding well. Considering we were hoping this news realise was going to take us to 8p+ I was expecting more of a drop when the good news didnt come. Hopfully a sign of the potential of the company.
Any guesses on when we might get our next news release hopfully with better news??
Hamm, how do you know MB and others haven't been out to see the locals? I reckon he's probably been out there many times.
And as for buying a drilling company with the money they have, shows you've got no f#@###ing idea, and are full of it.
And where is the 'free fall' in the share price you talking about?
Being patient you could have bought at 2p or less!
But thanks for the update! And enjoy the fall!
Lovely day guys,
Update - I sold half my holding in March at 3.74 and bought Parkmead. Both have gone down in this period but Parkmead not so much. So I have sold 80% of my Parkmead and rebought my original MATD stake. So now I have both 1500 share in Parkmead for nothing and averaged down my MATD to 4.03 from 5.34. Now of course this is only any good if MATD takes off but if we just get producing in 2022 then that is a major step forward and we can look forward to the other stuff next year. Or not of course!
How will that change the China border being closed or the PSC negotiations and land access discussions the government are having?
It won't
Nice try though.
Well said Hamm. Time the old man stepped aside and we appoint a hungry and dynamic CEO who can get the job done .
Please tell me why MATD needs any partner then?
Why MB hasn't been in touch with locals to see how they can be helped from MATD development? So the locals feel get benefit too and therefore no LP issues! With the money MATD has couldn't they buy a drilling company? What MATD/MB have been doing in the last 3 years? One may think that all the paperwork should have dealt by now!
It is really wishful thinking that believe this year any oil extraction would be done.
Good luck to all of us. We really need lots of luck with this CEO!
Enjoy this beautiful sunny day guys,
Manro, you talk in riddles I talk in fact. I am invested because I know that the longer term view is that we will produce oil and I'm very comfortable with my investment in MATD. If you are not then there is a very easy exit for you sell up and move on. You don't seem to grasp this very basic process which just leads everyone to believe you are not being genuine with your posts and intentions.
I don't care about short term price changes as I am invested for the future not the month.
Good luck to you
Hamm, there is 8.2 mil dollars left in the bank, 2.2 mil spent from the last fund raise of 10.4 mil. GLA
Ostralia, once more on respond to your and others stupid advises to sell shares I want to say : there are investors ready for losses and stay in and sheeps agreed to be sheared for wool but scared to be slaughtered for barbecue must flee. This is the difference between investors being able to stand up for their principles and fight against crooks and sheeps trying to survive. People like you may not even presume that there may be investors with millions of shares that they already consider as a lost. But keep them in order not to lose the right to fight against crooks and outright criminals operating in the market. Did you or others understand the differences now? I am not sure, but as Hamm keep saying have a nice day.
'Petrovis would have sacked Mike Buck a long time ago if they thought he was underperforming.'
A very good observation !
I’m very happy to hold.
Petrovis would have sacked Mike Buck a long time ago if they thought he was underperforming.
We are just living in extraordinary times with unprecedented restrictions.
It will get better, eventually.
Have a good one.
With $5m wasted, they could have made a beautiful school/college + and a lovely hospital for the locals+ they could have given them jobs too! MATD could have bought the whole drilling company for himself! They didn't, did they? Now start barking at them. Doe me it doesn't matter the share price 3p or 4p! The fundamentals should be fixed. At the top of that MB should resign and go.
Guys,
//Why so much joy at posting such predictions if you are shareholders? Really odd to say the least!//
No joy - in fact a fair bit of sorrow. But I'm a realist & say what I think - not a fantasist who chooses to believe in the pot at end of the rainbow despite indications to the contrary.
Stop barking at the wrong tree. You should pointing at the one who killed the share price from 10p to 2.5p!
We aren't traders!
Adillathehun exactly.
It's actually hilarious that these guys keep talking down a share they "have a significant position in" no wonder they have so much time on their hands to post rubbish, their investment strategy is fundamentally flawed they buy shares then talk it down "knowing" it's going to 2p.
Well here's a question for Hamm and Manro Why not just sell up and buy back in at 2p. I know why, because your not invested and your not investors but silly little pests that make no sense and clearly haven't got 2 sticks to rub together.
It's laughable
I doubt he is the only one. Probably more money in deramping until news...
He was a paid poster. Fired.
Fair Analyst appears to have deleted his profile...
Why so much joy at posting such predictions if you are shareholders? Really odd to say the least!