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Truth? Mastermind82: You wouldn't know truth if it hit you in the face!
What is it that you're trying to achieve here? Do you know at all? Or is it that irresistable longing to come up with negatives wherever you find them just to annoy? Hope someone locks you up again and soon.
all that being said it's painful to see sells at 3.2 :D who would have thought two weeks ago.... but that's not just MATD, market is a proper casino lately
it's true that everything is moving slower than people would hope for (myself included), but also:
1. It is only March, MATD has secured rigs in April in the 2019 drilling campaign
2. MATD has done two successful drilling campaigns in 2018 and 2019
3. We do not need rig for Heron 1 and it's a straight forward well completion operation, Heron 2/3 will most likely be pushed to late Q3 imo
4. Petrochina has recently changed their President for Mongolian's operations (as per latest interview) so hopefully we will get the specific agreement next update
5.potential agreement with DQE that could see more wells this year with later payment, DQE is clearly interested so I see this deal happening
so I think you are all moaning too early.... let's see where we are in May
£1 by second quarter I reckon, woohoo strong buy
Ojay……..so how many got sucked in at 38p then? And if it was such a good deal at 38p why are we 10 times lower now? Do us a favour, just go down the bookies and waste your money on an each way bet at Cheltenham this week.
Why bail out.
Does truth on this board irritate some people.
Why bail out at a loss.
Just reminding those who were shouting 10p and 50p by 2nd quarter.
People are still ramping this when the Market has shown the clear value of this share.
master82: Agree. I suggest you bail out.
It's been 9 months since the raise. Nothing has changed.
No signed deal with PC about using their facilities
No permit to drill the other wells
No rig confirmation
No JV partners signed up.
I can't see all of a sudden things changing.
MATD management has become comfortable with the Mongolian take it easy slug pace movement in everything they do.
FA . If you are so confident of the SP rising over the coming weeks/months why do you need to post on the hour every hour why aren't you sat comfortable knowing all will be good. How about you take a week or so off the board . I will do the same and see what happens . We've heard thoughts time and time again. See you at the end of April . Deal?
FA "a routine 2 week workover' of Heron 1, to get it into production."
So why can't they look in the schedule diary and say we have availability on xth date .hmm something fishy going on
Okay - Rockhopper found a shed load of black stuff 10years ago off the Falkland Islands share price rose to £5 unfortunately they have still not managed to get it out of the ground 10 years later and the share price languishes at 9p . Nothing is a given in this world . If it was we would not be sitting a 3.5 p
So tell me aspers: Why the hell did the market consider PM to be sooooooo attractive in Jan/Feb 2017 that its SP rose to 38p? No oil found, no funding, no rig contractors no nothing.
Is there no value to the fact that PM has found oil and will finally exploit it - sooner or later? You must be joking!
These discussions are completely stupid. If the doom and gloom people want to follow that path - so be it.
I am good. The SP will have to decrease by another 30% before my average hits red. Matd has made me enough money until now. And will make me much more going forward. Take your choice.
ATB
Agreed Ojay - D1nger's post yesday is spot on.
You can quote the contents of the last RNS till the cows come home but the simple facts are that the oil is still in the ground and till that changes and it pours into the refinery this will remain a penny share. If I had a pound for every thousand I have lost in this aim casino I would be a rich man. This is still a wild punt and will remain so till the oil hits the market so dont sell your Mother to buy in quite yet.
what the situation is, then please read D1nger's post @20.50 of yesterday (Sunday). Should you feel compelled to disagree please come forward with your arguments. Otherwise D1nger's post must wrap up the situation in full (and correctly).
ATB
“It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person.” – Bill Murray.
Will come back when the next RNS drops and says....
"In Matad I Trust" Lol.
Guess what kind of fool came up with such an idiotic motto and will continue to believe in it even after losing all his money? As a hint, his name starts with an O :-))
paid 3.40
The worst thing that can happen to you is that Manro compliments your posts...particularly by calling them "brilliant" (OMG).
Hamm, all your posts just brilliant. This so-called of "high caliber " geophysicist, allegedly respected among oilmen, cannot even find the Rig contractors. Which is just unimaginable, not saying about his last shameful placing. Therefore the further, the more I have suspicions that this is the same swindler, and maybe even worse, than the former bastard who arranged the Bergen. And a lot of idiots here just don’t understand this and stupidly believe all those rampers and paid trolls that have multiplied here like hexapods. By the way, do you remember there was such a mosquito as "persistent" flying here constantly. Now it apparently mutated and turned into one of these hexapod crawling here.
I think 3p is a fantastic entry point imo nearly took my position at 3.2 … thinking it will hover around here now I’m just worried after reading China has a big covid increase and concerns on maybe lockdowns may have a knock on effect here watching closely
Don’t want to repeat my Alba mistake buying a little to early to see it retrace due to slow progress
GLA
Terrier……I am not a troll but a long term holder. Just amazed at all the rampers on here that try their best to talk this up. It will go up one day should we ever get oil out of the ground but at the moment that seems a long way away. Better chance of buying at 3p at the moment than 10p.
Ignore the troll noise and enjoy the movements.
3p by tomorrow nevermind April.i bet someone is going to come up with 10p by April.
The longer this drags on the closer we get.