George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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But we need a lot more to get where we want.
I thought the downward drift of the SP (w/o good news) was inevitable. So why are we seeing this sudden (mini) rise?
WOS is always spouting rubbish don;t listen to what he says he is the Boards biggest Nob-ead
Hopefully we get a proper bounce today, it would be about bloody time! Half of the stuff said on this board is complete rubbish, let's all just wait for the RNS that can land any day now, beginning of March at the latest...
Probably being silly
Wish i had lol
You need to look at the history of Mongolia and it's relationship with China and Russia to understand why Mongolia wants independence as a Sovereign state. Securing it's own fuel supplies is a significant step in achieving this goal. Avo33, you are either being a little bit silly or trying to stir up something.
Avo, thanks for your input
Haven't you sold your2m shares you said you would by last Friday?
Avo stop being silly, they have approved on all fronts just a formality of local authorisation then we are ready to go,
If they didn't want us then government wouldn't have allowed the to get this far
This is what i Think .The Mongolian Government dont want a western company running there oil .They either want a Russian or Chinese company to run it .And are just stalling till we have had enough and give up ????????
Thanks WOS and Investor 33 for clarifying how the system works. I was an accountant by traded (retired age 53yrs) so I will go away and have a look at the candles etc. I have been here for seven years with an avg price of 4p and 500K plus shares so I will wait for the next RNS. AIM has always carried risks which must be accepted at the point of investment.
Production / Revenue Generation will kick lot of traders out while bigger buyers / Funds take positions imo!
Traders dud have advantage with previous delays & beauracracy before - time for INVESTORS coming!
Mr Pillsbury - yes it is RSI inducator which point to HEAVY OVERSOLD!
I did learn about this things when I study investment but never use really because I do understand I have INVESTMENT mindset.
This is why it is funny to see so much moaning by sane few people - they ask why I post every day but they are here EVERY day moaning like babies Lol!
Investment have not change - it is probably one of safest investments on AIM (imo) for multiple return and is perfect type investment for someone who want to keep large holding for pension type plan with Capital Growth like Mr Thorngasson also mention.
Petrovis will want ROI and with move into PRODUCTION we will see DIVIDEND Introduction quite soon I think.
Consider if you buy now at this level and maiden dividend of 0.25p per share in 2025 (those who say 2025 early fine but we will see once DQE fast track / low cost development with foreign JVs for New Blocks enter picture).
Mr Buck getting all ready for DRILLING SEASON and in meantime same old Moaning Moomies come here every day to Moan 😂
Be Wise & keep focus on INVESTMENT! 🦉
Finwittrader : take a look at charts going back years. MATD has always moved around with huge % gains and losses in a very short time, and bouncing off support and resistance levels frequently. It's called a volatile stock, which is what you get with a very small cap with few shares in circulation. It's not all just about fundamentals.
Aecheylus, and the rest don't have a go at others for your own bad investment choices, if you been here for months and years that's your fault lol,
Now some of you can't take it waiting, lol maybe understand the aim market and what it takes before putting money in here,
Myself set a target for production by July if not I'm out, but not going gto keep on holding and become a nervous break down unmanly lot like you lot 😂😂😂
MB just need to follow proven way of getting the LP by Magnai Trade.
I bet in the end he will realise he is dealing with clueless people in MG.
First he was dealing with Mrpam minister . Then finance minister and now he had to involve the Ambassador.
Go and submit paperwork in the court . Make lots of noise on media to get attention .
Hamm : a few weeks ago you were urging everybody to pile in at about 4P as in your words ' there is no risk .'
I wonder how anybody who listened to you feels right now.... ? I've seen you change your tune several times on this board. At least WOS is consistent.
Pilsbury7 : WOS will be talking about technical analysis, and specifically the RSI indicator( Relative Strength Indicator ) If you do a search for a ' MATD barchart ' on various sites, then you can play around with a chart - change the bars to candles, add various indicators, put in trend lines, support and resistance lines etc. MATD has been a trader's dream for many years now - anybody buying and selling based on just support and resistance levels could have made a lot of money with the numerous spikes, followed by a plunge to support lines.
Right now we are still at the bottom support of an upward trend, which started with the low of 2.5 in mid November. If it breaks down to the next support of 2.8p from the 15th Dec then the upward trend will be broken, and the next support after that would be the mid November support of 2.5p. That support of 2.5p has been touched and held several times in the last few years - so it's a very strong level of support.
Researchandhold said//BP is like a stain on humanity//
https://www.youtube.com/watch?v=9bMVJ3ObnQQ
Doc, I think MB is very soft. He doesn't speak out. He hasn't criticized MG at all. He had all chances but missed.
He shouldn't have done any drilling etc when oil was found 5 years ago till we get H1 sorted. He wasted all the money. Raise after raise and we are where we are. He still doesn't understand he should play hard ball. He should stop talking about renewable, new land permit etc till H1 is sorted if ever.
Hamm - we’ve had UK government support. Ministers and ambassadors all trying and seemingly failing.
I see WOS with his usual posts criticising members on here who have been right for years now. I am now of the opinion we will miss the start of drilling season.
Perhaps when you've been here no sorry a holder for more than 7 or 8 months you'll understand where some of us come from and it isn't every day, check posting history, remember you have power over your mind not outside events 😜 GLA
Sounds the only chance to get LP sorted is UK government support.
They couldn't have done that to Chinese.
Petrochina can do anything they want and have had no problem but for MATD everything should be by the book which doesn't exist!
Cybertron moaning about people moaning is a bit ironic
Something amiss? Probably just the turgid red tape they are strangled up in.
It seems any creative solution carries risk to reputation if things are not done by the book, but they can't do things by the book as their rules and regulations are totally unaligned!
What a country!
Lol are you guys going to post every day stating no news again? Already commenting on so many levels of negative how about have a break and post it on a weekly basis rather then daily
Different level of posters here 😂