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So are we to assume as no RNS we have not been successful in securing an exploration licence. Weren't they being publicly announced today by MOG?
No results on their website. Might take a day or so.
I don't think Mongolians stick to their timescale.
Maybe posted later due to time differences
Maybe they will send results to the Companies that are taking part today.
RNSs can drop any time during trading hours and sometimes after the market has closed.
I am not sure if any of you saw the clip of some runners running past a cafe with outside seating, the people did not know they were runners and someone thought they were running away from something so got up and started running to. Inno time all the people sitting outside were running down the street.
I don't know how this is going to end but it seems to me this is largely de-risked. Just be careful those of you who sell are not just following the crowd, there are some pretty ruthless people out there who would not think twice about causing fear to fleece small investors of their shares and hard earned.
Whatever you decide to do gla.
Guys, isn’t Mongolia 7-8 hours ahead of us. So they’ll already now be closed today?
Maybe tomorrow. They specifically mentioned 10th Jan for results on their website.
Mongolia is shut now or very close to it and they did mention 10th but we are not shut over here. The question where are the people who write our RNS's if they are over here then anytime today but I would tend to lean toward dropping tomorrow as i think it would need to be something pretty big to drop today.
Do you have a link?
Thanks master82 - helpful. Mystery as to why this has not yet been done.
Finger crossed it helps MATD sp.
Someone has been dumping 100k since morning over 1mill .
Do they know something we don't
Mms causing panic.
News is not even a day late and people are panicking. I'll be back up in few days just like last week
White knuckle time. Looks to me like the last 450k trade was a buy.
Looks like Mongolia is split into 3 time zones, 7, 8 and 9 hours ahead of us; Ulan Bator is 8 hours ahead so surely closed there?
Flash do you even know what's going on.
Their website says 2022!
"The results of the technical proposals submitted by the enterprises for the selection process for granting special licenses for mineral exploration will be published in the electronic system of State procurement on January 10, 2022."
Move on up. It was published on 03/01/23.
guys, don't lose your heart. every pause makes the support stronger. MATD fundamentally solid.
MATD HAS 200m BoO ready. Great chance to top up or get in.
Relax guys,
Please remember for every sell there is a BUY. That means 4m buy too.
Relax and enjoy the climb,
Hamm
"Please remember for every sell there is a BUY. That means 4m buy too.".......
Not necessarily. A seller wouldn't necessarily buy back. He can hold cash or buy a different stock. The buyers would only add cheaper values to sellers selling at a profit. So with the same amount of shares bought and sold, more money would go out (sellers at a profit) and less money would come in (buyers at the current day's price)
A broker is not required to buy from you if you want to sell shares and there is no one willing to buy. A broker won't lose money when a stock goes down in a bear market because the broker is usually nothing more than an agent acting on the seller's behalf when they find somebody else who wants to buy the shares.
Email, I appreciate your comments however you may need to educate yourself!
For a transaction to occur, there must be a buyer on one side and a seller on the other; even when prices are falling, there are buyers of the falling securities.
A broker does not have to buy the stock you are trying to sell; a broker is there to act as an agent on behalf of the seller, finding someone to make the purchase.
In that case market maker either buying the shares knowing it can sell at a higher price as there is high demand or it has buyers and it is simply filling their orders.
Makes perfect sense - just the way I've been looking at this MM-theater for years.
I have long ago accepted the fact that I'm just a pawn in the MM's trading game. I have no control and there is hardly any transparency. I've always said it would be nice to know who is buying and who is selling - it clearly must be equal (the MMs can buy as well).