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At least you are not aggressive or act like you are very horrible Medjed, i see all the so called de-rampers get treated the same even the neutrals.
Disgusting behaviour when the PRO bull WOS is annoying and disrupting other boards still, even though he gives good info here, not like or hate him.
Yet no Bullish petro matad person here says anything about that, instead shouts and screams at anyone with a opinion. Now I understand why Cac, Bp and others dislike WOS.
I understand on that day the Velicop failed etc and that was the main reason. However I have never ever seen that happen before personally.
1) That drop was too much and aggressive, i would expect 4p to 3p max drop. Again regardless of MMs or whatever the reason was. As we know Heron + other news and no more dusters. When we have been trading 3p-7p for months that drop made no sense. Yes it re-corrected and stabilised.
2) Everyone knew the velicop had low chance, presentations showed that. So again it should never gone to 1p.
As I stated before I will add more if it goes lower, but happy with my position. I feel for long time holders or people who waited for years when this has not delivered. Now Heron should, but short term I cannot trust this stock to buy more.
Are you new here? The sp dropped to 1.8p in an instant due to duster RNS landing in the morning.
They were due to post drill results.
If you read following RNS’s they are now going to stop exploration and concentrate on production.
No more scary dusters for a while :)
BTW good luck to anyone who caught anything at 1.8p in those few minutes/seconds. If they did it must have been peanuts MMs no way would have let you get any substantial amount that low.
The instantaneous recovery from 1.8p shpuld tell you everything you need to know about the strength of this stock.
Pls let everybody know when the SP drops to 1p - that'll be the day (when I for one will dig in deep).
BTW: Hasn't happened as long as I can remember.
Think everyone expect multiple RNSs to start now with Block XX development / First Production in 2023.
Will RNS come next week or week after? Do not know.
Will multiple RNSs be release very soon? VERY LIKELY.
Be happy :)
Lets not forget a couple weeks ago 8am in the morning this stock went from 4p to 1p within the first 15 mins, then few mins later sat around 3p.
Does not matter if its manipulation, most stocks do not do this kind of disgusting behaviour unless they are doing a raise or going bankrupt or have no assets/balance sheet issues.
Regardless of potential future with Heron or next week is big news or 12 months/18 months all this double and triple digits.
I cannot trust a stock that has been around 3p-7p last 5 months due to news or investor sentiment and then magically drops to 1p then goes back up again instantly like it was nothing in 15 mins.
Which is why I have a moderate investment and will not add more until I see RNS with positives, or i will wait for it to magically drop to 1p again and add more, do not say that was a one off, thats not normal!
Subby77
Initially fueled by MMs my thinking and also FOMO would come in. Afterall we are expecting news. I am hoping for next week but then again it maybe the following week but it is due soon that is for sure. There may even have been a leak who knows.
When Special Purpose Area approval given under PROJECT OF NATIONAL IMPORTANCE then any challenge is direct against National wellbeing.
I say to everyone many time this is very important point against anyone who want to try legal challenge.
Same negative poster who say "but if" "but if" and same one who say "but maybe Cabinet will not pass SC"
You know how this go with his posts BUT if you do not think Petro Matad develop Block XX with multiple price increase the fo not invest. SIMPLE ;)
Have good weekend :)
Hi guys,,,anyone got any info on why a sudden 10% rise! Seems always on a Friday,,,,,what is it people are expecting to happen over the weekend? Thanks in advance
Conversely the 'rule of law' and right to appeal and higher Court's of Justice has a long and proud tradition in many countries for delaying and frustrating legitimate aims and processes: House of Lords, European Court of Justice or heaven forbid the dreaded public enquiry!
In 'third World countries ' (your words) life is much simpler. If the Ruler or ruling Party want something done, it usually happens.
Gladly the Mongolian Government appears to want what we want, so we should be OK.
Many invested here and (some who are not invested here) should know that any kind of approval/agreement which is sought in any third world country can take years if not months. There is frequent disappointment and disagreement in negotiations and this is no different when it comes to PM.
The best we can hope for is that this is now all down to the last stage of formal negotiations and that we will be able to see some light as we approach the end of the tunnel
The problem is their clock is digital
//Broken Clock theory?//
Not entirely accurate - the clock is right twice a day - WOS/Hamm/etc. are lucky to be right twice a year!
Broken Clock theory?
Why next week Hamm?
RNS surely/very likely next week. How fast this shares can go up would be amazing.
Buy/ add while it is still quiet. FOMO would be kicking soon.
Guys
Master have you got the FB link to that anti PM politicians post please
It can’t be ruled out..
One sec let me just jump in the old delorean to check
erm nope,
no RNS monday sorry
A rally into the close and I'll certainly be there at 7am Monday to check.
It'll be there one day.
Seem a lot of people say Monday is RNS? is that true?
"Anyways will need to settle the 6 monthly Tax bill soon"
Also had this pain yesterday! I've kept all my shares here, though.
Tax bill and stiffed for a big unexpected check several months back for a retrospective accountancy adjustment (it'll all end up in my Pension pot so not entirely all bad news).
Anyways will need to settle the 6 monthly Tax bill soon and there's only one way to do that as all I've got is tied up here.
Bit down yesterday as a result but this morning's 18% rise lifted the mood considerably.
Hoping for a rally into close and Monday RNS and take off.
If you have to sell try to sell at the top.
Bad boy has the jitters What a joke a are !
Go and get a life
At least COPL seems to have come off the bottom (they DO produce oil BTW).
Bigbench "Could be another 40-50% day."
I do wonder what planet some folks are on (or from). It's still in the 4s - 50% LOWER than before the LP!