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If MMHI was ready for submission to Cabinet in timeframe we see before can see Special Certifucation to Cabinet will be WELL BEFORE V1 result & maybe even by next week with no change expect in Ministry position.
This is LOGIC application not caught with Pants Down reaction :)
All will be revealed in 5 mins to see how the market reacts.
Good to see we have spudded GLA.
WOS what to add a other 2 million to the 2 million I hold? Get a grip man
BOOOOOOOOM for UNDERPRICE and BREAKOUT which happen here hard like we see plenty of time before.
Think lot of people say was 4p to 35p in few week only.
Let us see what happen now in few week :)
Lenoman,
If it turns out to be a duster, yes I will be buying in for the LP announcement. All spare funds currently tied up in PRD's game changing drill in Morocco.
Good luck to all invested here for a positive drill result but too long odds for me at this moment in time.
Mr Wooster
First you say you block me long time ago like other who did not lol
Second - Do nit think you understand difference in language. RNS word have to be precise
Before process must start all over again
Now you see progress with COMPLETED internal work & SUBMITTED to Ministeries.
This follow LOGIC if timeline I and other one who do research say.
Did say inearly post use LOGIC but all know you will be in BUY button this morning :)
Still very concerned over state of lp. Needed it before v1
Shagged,
You gonna buy in when its a duster, as 80% probabilityof failure is a good bet figure, but then again its just your view.
WOS I don't think you understand this game. You usually say the B word when a share excelerates in value. Please get a grip.
Read both RNS CAREFULLY ;)
Am glad of one thing. Sneaky caught & will be 1st ones on BUY button at open while they try desperate talk down before Lol
Https://twitter.com/petro_matad/status/1668870792195502080?s=48&t=xs5mlti_eXYeRiuGAcPuSw
Look like ONE sneaky caught with PANTS DOWN and why he suddenly start to post negative again.
Everyone see he do this when he buy back in after talk share down then disappear then sell & start rubbbush talk again ;)
22/05/2023 "They are repeating the step of asking all other Ministries for comments"
14/06/2023 "Ministry has COMPLETED its internal work on the Certifucation and has SUBMITTED the documentatuion to all other Govt Ministeries"
22May update say process is being repeated / Today RNS give us PROGRESS in this
Use LOGIC sir & UNDERSTAND difference in language sir ;)
Also understand NO reason for Ministry change in view & Project of National Importance designation give CLEAR message to all Govt on this.
Be happy but logical & not bitter for caught with pants down :)
BOOOOOOOM!
The wise owl is clearly constipated and should lay off those mice for a while. Not a cat in hell's chance of LP being approved before the most likely scenario of a Raptor duster (80% chance of failure).
What price the share then? 2p perhaps?
“also the update on the progress of the LP this share should really soar on the market today”
N1, what progress has been made on the LP since the last operational update? They were submitting to other ministries for their comments. And we are still waiting for their comments?!
Our current Mcap Cira £50m will be petty cash if all goes well... Come on MB you can do it ...we have waited long enough!
2 be honest I can't see this doing much to shareprice until end of June on anticipation. WOS is obviously inexperienced in aim. I remember when I was like that once before aim kicked the sh%^£ out of me
Well Chaps.... its Game on!
30 days approx to target depth.... if all goes to plan and we have 200 million barrels of Mean Prospective Recoverable Resource that's a massive lump for little old MATD... Surely 20-25p just for starters if its a success??
With Today's RNS whichic was very positive regarding the spud and also the update on the progress of the LP this share should really soar on the market today,hopefully will get back to at least where it was at a few weeks ago.
Within 4 weeks there's a 20% chance we won't care about Heron certification.
Or after 4 weeks an over 95% chance that a Velociraptor duster won't matter because we'll get the Heron go-ahead.
Both would be nice of course.
@ Doc
Perfectly said 👍
WOS - how can you possibly say BOOOM to this RNS?
These two RNS below show that there has been zero progress in more than 3 weeks. We’re still waiting for the other ministries to get back with their comments, never mind them even being submitted yet! Use your eyes to read and see the logic and not owl brain. This is a very slow process and September is a valid estimate for LP!
22/05: “they are repeating the step of asking all other ministries for comments after which we expect they will make the submission.”
14/06: “and has submitted the documentation to all other government ministries for comment prior to submission to Cabinet.”
I expect SP to fall today. We and the market knew spud was due. It will be disappointed at the continued LP delays.
BP please don't it conjures up this image of you shirtless :-)
Wow, theres a first On time gla
It's been a long wait but I'm finally going to see if it's been worth it. Good luck everyone let's hope it's a successful outcome. 😁