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Good stuff BP
4.10 back on Ask !
Researchandhold said //BP is like a stain on humanity//
BIXY - you didn't hit a nerve - my reply to your carp comment was also removed.
Good to see some chunky buys coming in
Just saw 4.10 on ASK but in Auction @ 3.95
I see my post has been removed ref to BP's £1.28 buy i must have hit a nerve !
Good luck all GENUINE holders
We will see this rise slowly but surely.
We have to be patient and this ride will pay off.
Anybody hoping to make a few quid too quickly had better hop off and get on the next ride.
They are on the wrong one.
GLA
Oops share piece gone up a little not looking good for professional and doc, let's hope this doesn't do 200% when the RNS lands or they will smash the computer screen and throw the keyboard out the window, then have to go to Currys to get another one which will add it their losses, mind you don't think professional has any money left after the last 10 shirts his done here and the share price went up each time he told us 😂
Researchandhold said //BP is like a stain on humanity//
//177.439 and 172,487.
I'm in for this year's ISA Bad.//
Not the £20k buys you said (suggested?) but hey ho it's kicked the SP up a notch.
Perhaps 1 m gbp in play from Mr WOS here... not 1m shares ? Mr Professional, Sir :-)
177.439 and 172,487.
I'm in for this year's ISA Bad.
Not sure about my son but I've suggested if he's going to choose Petro Matad he should be quick.
As WOS says: RNS any day!
This is it Buckle Down for the Ride News AT 3PM LOL
Promised you, in short time you wake up, open your eyes and will be astonished with the share prise. Grab them before big boys get the lot. The real investors should see this rare chance.
Enjoy,
171,594
This opportunity is too obvious and that might be the reason it seems missing by investors.
Abundant of proven oil with top quality low cost waiting to be extracted. LP is the last hurdle which will be sort this month.
10 bagger in no time when LP granted and Heron operational.
Seize the opportunity guys. Enjoy the ride.
Investor yes i would participate in the raise. Will also buy below 3. Short at 4.5 if no news..
I am consistent and my position very much depends on the SP
For me it is very strange to only be bullish (or bearish). Always more options and dependant on price.
Wos: 1 mio only? What all your inside information and conviction? Jesus i hope you indeed get paid for ramping here
Good luck Thornogson and to all the LTHs, including myself ! Hopefully it will work out well for all of us, and our loyalty will not prove to have been misplaced.
Good luck to the short term traders as well - we all make or choices about strategy, and short term trading or LT investing are equally valid if you can make either work.
Mr Thornogson
LOTS of research every day - lot I do not even post now and can tell from other posters they have no idea what developments are in Mongolia LOL!
I add today like I say and I add few days ago (did post that also). Like you just accumulating and happy with this!
Seven figure holding now & just focus on developments towards Production this year!
🦉
Professional ;
"clear and wise to learn before really dive in deep with trading. Good luck "
Thanks for that.
Yes, let's see how it plays out. I take it that if there is a raise before the LP is done and dusted then you will be jumping in ? For my part I'm pretty optimistic, yet at the same time extremely wary of this governor and the lack of transparency in his motives.
No Bad.
Slight change of plan.
I'm getting mine today and I've funded my son to get his but suggested he buy either Matad or Rockhopper.
Despite my confidence in Petro Matad it's not good to be too exposed so I'm holding off on funding my two daughters at the moment.
Any more on the ground intel from WOS or others however and it might still end up 'in the pot'.
I've been following /investing in Petro Matad for years and years on and off.
It's never felt this close or this real.
Oil, permissions, change of laws, central and local support, an oil refinery, Winter fuel crisis, Herder agreement and now a Sovereign Wealth Fund for national resources, I get the sense that everything's moving their way now.
As a family we've plenty invested already so I'll stick at that for now.
Investor clear and wise to learn before really dive in deep with trading. Good luck
Agree also with the book. I personally do it slightly different but same outcome . I trade myself in a free position and depending on risk/reward at the moment i do take a long position or wait for better moment ( risking to "miss" performance)
Here i wait as your worst case is my base case/best guess.
Lets see
Roxy2020 ; I agree. I think that optimism can make people underestimate what the business environment is like in Mongolia. I mean is there any transparency as to why this governor is so set against Matd ? Not at all it would seem.
Many Western ex Soviet countries have managed to reform since the early 90s, but I get the impression that Mongolia has still not been able to shake off sclerotic Soviet type bureaucracy, and the corruption which tends to go with it.
Overall despite what I wrote I still feel fairly optimistic, and the share price is holding up reasonably well despite 6 weeks having elapsed since the last RNS. However, I am always on guard as regards the Mongolian business environment - historically something new has always come up to block Matd's path.
Thank you - just pick up my accumulation BUY 50k shares @3.78p!
Adding!
🦉
Have no interest at in trading algorithms or MM does this or that - just focus on Investment, INTEL related to this and ROI I expect going forward as company move into PRODUCTION / REVENUE stage.
Only this really worth my attention & why I can stay focus on INVESTMENT.
As I say plenty time - please just wait for RNS and try to BUY then if it suits you to do this.
I think SP will start to move up anyway so expect Higher price even before RNS.
Everybody make OWN choice with OWN money! 🦉
Professional ; that's a valid question. The answer is that I haven't just jumped in. I have done scalp trading on various indices quite a few times in the past. However, sclap trading Nasdaq small caps is a different thing, so I've been studying since the turn of the year and monitoring in real time live charts for quite a few weeks now. I will be making a start quite soon - but there's quite a lot to learn -different types of technical indicators, chart patterns, various factors which impact on low cap US stocks, stock scanning etc. I'm also looking at swing trading some US stocks using my SIPP, which currently has quite a bit of it tied up with Matd as a LTH.
I intend to sell off a chunk of Matd if we get a positive RNS at hopefully somewhere between 8 t 10p with a bit of luck, and then hold on with the rest to see what happens thereafter.
One book which I recently read suggested that with small cap mining stocks it's best to sell your initial investment if the price shoots up so that you are left only risking your profit. If I had used that principle over the last few years my Matd investment would currently be risk free apart from the profit that had been made. That makes sense to me. The book mentions that with small cap mining or biotech stocks there is a massive risk of share dilution, as it's hard for companies without assets to borrow.
@Doc83 ; obviously we have to keep in mind the worst possible near term scenario, and not be taken in by people like Hamm saying typically ' it's a multi-bagger from here guys. It can only go one way. Jump in now - as these prices wont last much longer guys. ' Hamm seems to think that by uber ramping on here he can influence the share price.
For me, a possible worst case scenario would be the next RNS stating that the LP issuance is still a work in progress as unfortunately Matd has had to deal with the governor raising some formal objections which the local planning authorities are currently considering and addressing. Therefore it has been decided that whilst this is being sorted out it would be prudent for the company to raise capital through a raise at 2.8p per share. Whilst we much appreciate our LTHs and their loyalty, our funding will only last until mid July, therefore we are sure that our LTHs will fully understand and fully endorse this raise.
I share your concerns investor but as a LTH myself I think many have overlooked that Mongolia is a different cup of tea. Progress is not swift and I must add Mongolia is not alone.
I have seen this in many developing countries .
If you compare progress and access to western standards than you will definitely find this is not the case
GLA
Investor...genuine question...
Why not sell here and go to nasdaq? If you believe you can easily make 100% in short time frame why wait here for breakeven or even a multibag as this one could also half ?