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Is LP. asa LP is granted the rest will follow.
When LP granted the share price will be double digit in no time.
It could be any time.
The fact is MATD has discovered OIL and lots of it. 200m BoO says it all.
Do the sum!
$$$$$
Money is being spent well I think, was this tender round included in the spends of the cash we have left from the last raise, going to through this out there so here goes, what would be the possibility of a cash raise if the LP is the catalyst for growth? You know, throw in the bad news with the good to soften the blow. I know they say they have enough but do you think the main shareholder may step up again if that was the case?
MATD has $6m cash in the bank.
DQE is potentially massive catalyst to magnify and speed up H1,2,3 etc,
Heron can be operational within 2 weeks. That would be good income.
I don't believe for a second that yhetevwould be any reason to raise money.
If that ever happens the share price would be much higher than the peanut it is now.
Relax and enjoy the climb,
Hamm - “asa LP is granted…”
Should be more like IF LP is granted. Don’t start spending your MATD profits just yet. Anything could happen… let’s what until LP is definitely granted before saying sit back and relax.
Doc . Give us a reason why LP would not be granted.
EL is granted.
The local governor doesn't have a say in it.
MONGOLIAN government looking for foreign investors .
This is a test for Mongolia.
If LP is not granted no company in their right mind would go anywhere near Mongolia
Hamm: Great stuff.
However, you can't have $6mio in the bank forever. The longer it takes to get revenue generatinon going - the more urgent the funding issue will get. We've seen this before - nothing new. The only way to avoid another placing would be to join up with DQE and/or get started with the oil extraction.
Master82 - I’ll give you a big reason. Because the LP was promised way back and we still don’t have it!! Mongolia is a third world country, anything can happen.
I’m of the opinion we will get it. But I am not ramping x1000 like you, Hamm and now PhillipTan(?!) when we still do not have the LP and have seen years of delays when there shouldn’t have been, all because of the MG, be it local or central.
Let’s leave all the 35p price targets and “sit back and enjoy the rise” until the LP IS in our hands.
Ojay, I appreciate what you said. I believe LP will be granted soon and soon after a 2 week workover will started and generate income needed to cover the expenses. DQE will speed up H2,3,4 etc which diminish the need for placing.
Doc, when LP landed the relaxing time is up and exciting time is on!
For now relax and enjoy ascending,
Doc. You talk crap. Can't give us a reason for not getting the LP..
Why the rise if LP is not going to be granted.
You've just turned up knowing fk all about whats going on.
You've only turned up here few weeks ago
DOC. how long you have been invested here .
Few of us have been here very long time and know lot more than you on whats going on.
I have only started noticing you here for the month or so.
Master82 - LOL, why the aggression? Touch a nerve did I?
I’ve been invested here since the raise at 3.5p mid 2021. My first post here would have been around that time. For sure there will be investors that have been here much longer than me but I’m not some complete newbie. And I am more than aware of the history of MATD, or at least the bigger points. In any case, is a newbie investor in MATD not allowed an opinion???
Given the reason we haven’t had the LP much sooner (and still don’t) is down the the Mongolian government, culpable at both local and central levels. So I’d say my reason why the LP might continue to be delayed indefinitely is a pretty sound one.
That said, I have also told you I remain cautiously optimistic that the LP will finally be granted. I’m just not popping the ecstasy pills like some on here.
Season will be starting in April. So it should be given by then.
No one said its going to be granted next week.
We are waiting for news on new blocks next week..
Plus block 5 drilling news
Master - was it not promised within 3 months back in October? So surely in next fortnight?
We will just have to wait and see..
As long as its here before April, it'll do for me
Guys, let's just be honest. We all know the price we are now is silly and just peanuts.
We all know how fast MATD can fly. MATD has 200m barrels of oil for God's sake.
Lp landed=$$$$$$
It is just a matter of time! So enjoy. No need to fight.
Master - if it’s not this month then MB and/or the MG have lied to us. Would that not concern you??
Hamm - it’s like banging your head against a brick wall. No one doubts the gazillions of £££ in the ground. But we need LP to get it out of the ground. Why the delays?? At best, it’s going to be right at the end of the supposed 3 month timeline… why the delays, why hasn’t it been posted to MATD already?
Majority of the Aim listed companies miss their targets.
Better late that never.
Few more months wont make a difference
Doc, I understand your frustration. However you must be sure LP will be granted. That is why you are here posting on Sunday night! Or why bother. You are certainly know that is a 10 bagger from here.
Guys we are all lucky that we have come across a great life changing, rare opportunity share. You can't find the like of MATD
Any where. Doc, relax!
You’re missing my point. If the LP isn’t with us within the next fortnight, why? And what would then give us confidence it would be with us be April?
Wait for few weeks and we will know.
Don't start flapping.
Panic in April.
Mongolians are slow at everything..
Definitely not flapping. Just asking for some calm saying this is a done deal. We ain’t there just yet.
Anyway, early night for me. Fingers crossed for us all!
There have been millions of shares (around5p) traded in the last 2 weeks. That gives a very strong support at this price. What we need is LP or any other good news to give the share price a big push up to double digit. Just a reminder if somebody start posting at 5am then he must know the quality and rare opportunity of this exceptional share.
MATD WILL RISE AND SHINE.
I don't get why LP is considered to be such a big deal. The SP was at these levels when we didn't even know it was a problem & even if PM get a signature on a piece of paper it doesn't mean the eco-warriors are going to pack up and go away.
B/P why are you still here ? Why don't you just go aware and spout your negative crap elsewhere. As you said you are not invested - I ask again why are you still here ???
Everyone expect yourself knows the LP is the catalyst. Negative post !!!
Perhaps you would like to read the Mongolian news or the activists FB pages. PC are still exploiting oil and delivering to the port onwards to China. The activists tried to stop the oil being delivered which lasted for less than a day before they were arrested.
Stop being so pathetic
Bad, MB was thinking that LP would be a done job and there wouldn't be any problem. But turns out to be difficult for one reason or another. At the time we had covid issues and china boarder restrictions which stopped equipment to be transferred to Mongolia. Now have no restrictions and the equipment is ready to be mobilised. We only need LP refusal to be over ruled by central government. Then we are on the way to oil producer.
Hope that helps.
LP= $$$$$$