The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Unfortunately, I think MATD should suspend all operations in Mongolia until the Mongolian government comes to its senses and issues The land permit why on earth would you want to drill another hole when you have struck oil and the idiots won’t let you take it out you’ll send a message to every other investor hold back until the Mongolian government sees sense, luckily I’ve sold a lot at 6.84 I did buy back at 5.04, Mike Buck take to hard decision, stop the new Spud and tell Mongolian government, we will not be drilling until our land permit has been issued, master82 you are always on the ball and hamm
Hamm, at the moment, it appears that we can't produce from Heron without the LP, even with an exploitation license having been granted. How long must they wait whilst sitting on a shorter term exploration license for V1? At least a successful oil find would push up the SP and allow for an exploitation license to be applied for. ( how long will that take to get before we can produce from V1?). Why wait for LP which may not even be needed eventually?
Hamm not drilling will give them zero leverage imho.
Drilling velo even without an LP for Heron actually gives them leverage.
To be clear having the LP fast is the preferred outcome but if they decide not to drill because of lack of LP that would be a sell signal for me. But everybody can have their own opinion so we can trade some more. Dyor
Also some one is filling their boots 1,000,000 shares cost £43k
This plane will crash with no landing gear. MB as the captain needs to sort out LP. For now we are just flying with not much time left. We have been waiting 5 years now! Guys 5 years. All MB advance talking should have been resolved at least one thing LP! But it hasn't yet.
Just a reminder to all the happy people that still hold MATD .... this share is" UP" 98% in the past 6 months .....
Moment to add more for 10/11p party later?
Yes, that gives MATD a leverage against MG+ we will have money to wait if it takes another year or so. Why should rush to spend money on 20% chance? MATD should have done drilling Heron years ago before spending millions on wild cat.
If MATD stops drilling MG may get themselves together and gives us SP.
As I said it doesn't make sense that MG reviewing special permit. They have already given us explotation license. That means they have already reviewed everything. The rest is just a game.
//so you think we should not drill Velociraptor until the LP is granted for heron??//
Damn right! Unfortunately MB committed to the rig contract before he got the LP. Shouldn't have done that.
Nothing wrong here, LP about to be issued this month
Velociraptor big drill in two weeks time
Derampers scare mongering people who have no research hereto sell 😂
Busy in work at the moment, so appreciate any update.
Long Term holders have been here and seen this action so many times its nothing new...
As a holder od MATD you either believe that this share will come good one day and hold on or you get out and take a loss..
Maybe all the newbies that were fed the "ITS GOING TO THE MOON" rubbish have had a reality check and are selling !!!
Who knows? .......only the them that sell and them that buy can answer that !!!!!
That would be really stupid!!
Wooster didnt say which lunchtime , which day , which year, which millenia ........
Hamm, so you think we should not drill Velociraptor until the LP is granted for heron??
50p by lunchtime :-)
Nice day for traders again. Lot of emotions and no news ( good or bad) makes the sp volatile
Im still here Ai. I dont go hiding . Nothing has changed. A delay which i can ride out.
2 week workover and we have till November to finish the heron well.
I Don't RAMP i know its going to be positive outcome . You've only just turned up.
Ive been here all the way from 13p to 2p
I will hold till i reach my target
Barclays,
No LP =no income.
Spud cost 2m each + 1m freebies to staff.
Not much left in the kitty!
We are heading to another placing.
You wet yourself on a nightly basis ramper
Im here... topping up on cheap shares the bedwetters have left behind!
Blue finish would make me laugh so much ...i might even wet myself
Shareholder revolt could be the cause, Demanding answers. No doubt MB's head for the chop again but do agree the previous RNS's havn't helped at all. GLA
RAMPERS WERE ARE YOU NOW
Come on roll up the lot of you
Master, Wos, Mr Positive, BigBench, Iamrich
Usual derampers doing what they do best, feel sorry for the people seeling out and most likely miss out now, this is going to double digits very soon on LP and velociraptor and people have sold out at this low price,
Look at the lies being posted by people like doc badprofit and AI investor, hope these guys are still around when this hits 12p plus when LP lands
//Mb with his half baked Rns has caused this Sp to crash.//
I predicted a no-LP RNS would cause the SP to fall. Another of my "invalid" contributions!