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This is the bottom.
The chart I’m looking at shows 4.10p to be our old resistance that we have broken through.
So a bounce from here today would be a very good sign.
Nice post Grogers, pretty much says everything.
Gla
Hamm the reason was given in the interview.
The workover slot if difficult to get due to the contractor being extremely busy. It has absolutely nothing to do with the permit. If you just take time to listen to the man you might learn something.
You are obsessed about this permit and just making up nonsense again.
Morning all
Another purchase for me this morning £5603 @ 4.10 which personally I am happy with as I have done my own research and am comfortable with my holding and purchasing more.
Operation update will be coming soon, there is potential for greatness and there is risk of delay. The right news will transform the company and share price. A delay will just hold things up for a while but ultimately the company will still get where it’s going.
IMHO/DYOR
Are you a computer?
All of your questions have been answered repeatedly and yet you keep asking the same questions making the same false statements.
It's boring .
You won't invest money to lose it if you do its gambling not investing. The people with the large holdings know that Mike is going a very good job and may just surprise a few people here with one of the most transformative RNS we have seen.
Don't sell your shares cheaply as in a very short period we will be in production and exploring a shallow well with massive upside and potentially in a JV with the largest oil producer in Mongolia.
Going to be worth the 15yr wait in my humble opinion.
Keeping on saying that those with a less than rosy view don't hold shares is daft and patently untrue. We should all hope for the best but prepare for the worst. Don't invest money you can't afford to lose.
Hamm,
When MATD announces thats they are drilling 4 producrion wells on Heron and drilling velocoraptor before the end of June will you be happy?
You don't do a multi well production / exploration deal in a week. It is a complex negotiation and then needs legal and contracts draw and reviews. Etc etc
I would rather we wait a month for a solid deal with a proven, large, in country contractor, than drill one well well now to appease a VERY small list of derampers (3) who don't hold shares and constantly talk a company down.
The wait is worth it and the rewards of us patient long term holders will far outweigh and short term market manipulation by MMs and those seeking to disrupt.
Any more sell off indicating bad news!
If that is the case they should do that. MATD needs to do some serious practical work rather than all talk talk it is time to do some walk walk! But I am not sure MATD can manage to extract any oil this year.
Guys
It’s a bot that removes posters if reported 5 times - hamm and his gang are clearly spreading lies and misinformation for there own gain and to try trade the support and resistance
Low fours is a bargain entry and production starting and further drilling has never been closer
They can workover the slot. Even IF the permit took longer then they could workover the well and close it off, waiting on the permit.
Workover slot is not related to permit.
The reason that MATD can't get any rigs contractors to do a 2 week job must be that they don't have local permit yet!
The way it goes this would be another waseted year, the least to say.
Best,
I have said all along will be 2nd/3rd Week May.
Just a patience & waiting game. LTH's will get rewarded.
Hang in there everyone and enjoy the Easter break.
By now heron 1 should be pumping oil out.
The weather is good mongolia .
MB should not come up with any bull.
Each week goes past with no progress .
If and when there’s a £1 party, will there be two separate rooms? ….asking for a friend ??
Calling names? What about your de-ramper colleague badprophet? Calling people on this board "morons"?
I assume you're with him.
Assuming you bought in at a reasonable price it's just a waiting game, we will have good days and bad days but one day soon the RNS we are waiting on will arrive.
Ostra…..you sound like another punter here that lives in cloud cuckoo land. If folk have negative views so what….no need to start name calling as it just shows up your immaturity. Do you really think that someone posting on a BB can actually affect the share price? If you believe in this company just sit back and relax. Hamm is no different from myself, we are both invested here but also we realise that we may see 3 p or less if the next RNS is not what you rose tinted guys expect. This is still a pure gamble till the oil is out of the ground and on the market floor. Too many folk lost their shirts on Aim and maybe we both want to let you understand that.
Yep Hamm the factual and fair one that FA has produced from RNS's and Mike Buck interviews which answers the continuous crap you post on here. Why don't you just give it a rest.
Don't forget your copy paste post!
Lol ID been in bloody meetings all day - typical - will have to take advantage of the drop. I presume Hamm is deramping like hell at the moment till he gets his price. Showing his true colours.
Bandit your call mate but EME has 33% CoS (companies also always overstate it (here is interesting video about it https://youtu.be/4Emptn6FHKI ) so although it can hit the black gold it most likely won’t and you are in for -80% ride… enjoy!
3p by the end of the week. Traders heaven.
Good on them.
I really will.
//I will give you 10p a share for all your holdings if you just close your account and crawl back under your rock.//
Now who's the liar?