Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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WOS is busy having a meeting with mum and dad for a sub as he's invested his entire piggy bank in MATD.
Sadly AIM is indeed a barbaric game to play.. especially in last 2 years eg AIM ALL share index down Approx 45 % since Sept 2021.. pretty big ouch for me... and probably 90% of other players too, I'd guess..
Still, there's always hope for the future.. not least here.. and I'll likely be adding some back in due course here..
Also, the entertainment from the core posters 'panto' here - not least Mr WOS.... no more Mt IamRich Smallwood sadly - is much appreciated for bringing a smile in tough markets for me.
PS: Maybe Mt WOS shoe and trouser shopping again today and so no posting.. maybe even Mrs WOS expensive tastes in shoes - and him in trousers/feathers too - means he has being doing some -'sneaky sneaky' - sells of some shares in Matd to pay for all the shopping ? :-)
It's a death of a 1000 cuts. 😦
Don't say BANKRUPT - you'll frighten the horses!
Well only invest 500 pound wait until somthing happen company goes bankrupt or oil come pop out
“ It is becoming evident that the local authorities are resolved not to cooperate for the registration of the area required by the regulations on the management of special purpose land.”
I said right from the moment the July RNS landed that I had huge concerns that we still had to rely on the locals for some “formalities”. There are no MM games here… just a market having its say on the continued delays and jam tomorrow interview from our CEO, who looked less than confident when saying he “hopes” they’ll be producing before the end of this year.
If we do somehow get the locals to play ball, I reckon the next curveball will be DQE.
AIM is a casino mainly to make make money for the "house" i.e. the BoDs. Some lucky punters strike it rich, most end up losing - some heavily.
Wow lost more money on penny stock and aim. going back to normal stock.
//This site is full of "So many experts" that know F.A//
Are you one of them?
Investor. MB got us in to this mess in the first place.
@ master 82
Re ; "Looks like no oil this year. Absolute joke . Simple paperwork is turning out to be a nightmare."
In fairness to MB, he did mention in the last update that time was wasted because the Mongolians took the whole of July off, rather than just a week or two.
This site is full of "So many experts" that know F.A
Fabs - Heron 1 alone aint gonna save PM. There will HAVE to be more drills to make the operation viable. IMV
It was pointless going through the cabinet if we had to go back to the locals. wasted almost a year waiting for MG.
MB doesn't know how to negotiate and we are in limbo.
The sooner this guy goes the better. He is eating PMs funds away. 5 years of wages for 0 progress
Hamm I wish I sold at 6 7p , i was hoping we would be producing by now ,but unfortunately we have all been let down by our useless CEO .
We will have to wait another year again.
If only
It is becoming evident that the local authorities are resolved not to cooperate for the registration of the area required by the regulations on the management of special purpose land.
Master, have you sold whole/part of your shares?
Is everybody cross on this BB because the bank holiday was a wash out ? Its still August we may have another 2 months if we're lucky to start pumping oil. Why can we mot pump oil in the winter as we do not require a drill?
Drip, drip, down again....
What the F*** is MB doing. I now long for the day of 7p + to get out ( opportunities missed before i know ).
You are right. He created this mess and has made millions from PM. He knows his fat cheque is guaranteed.
We are the fools who believe this Billy bull every year.
Easy money for doing absolutely nothing.
He doesn’t really care whether it’s another wasted year, but he is guaranteed another fat cheque year 😂😂😂
Out shopping for belt & braces - not get caught with pants down. Hoot.
Where is WOS? hope he doesn't disappear like Iamrich!
The useless oof can’t seem to move anything along whether supposedly in meetings from the IOM to Mongolia. I vowed two/ three years back when he and his team kick the can further down the road that I wouldn’t add here … but in the back of my mind I know one day this will come good. It has to !!!
Unfortunately unless it’s “later today” or “ next couple of days” every post …”mad to miss out” nonsense when there clearly is no news and therefore endless, let downs .. it’s become an expensive thing to hold and follow.
I’m buying ONLY the ones I sold in the 5’s and 6’s … if you don’t trade these at all … it’s awful.
No news or constructive points to add cos as always with Matd there aren’t any.
MATD needs just 4000 Bood which can be done with 4 wells or so.
That could generate around $150m revenue and it takes around 40 years to dry up.
Massive upside from here we need just the formalities sorted out and a 2 week workover regardless of drilling season.