Member Info for AP100

Also.....reversion to mean theory......as you may be aware....mean reversion is the theory used in finance that suggests that asset prices and historical returns eventually will revert to the long-run mean or average level of the entire dataset.

If the SP stays at these levels for much longer .........as the global macro economic backdrop improves.......as it will post Trump and post Covid 19...it will become a take over target for sure...!

I had a pretty similar thing happen with ELA...bought at 29p...sold at 55p after waiting for a year for a mega sp rise on doubling of production....it hardly moved on the day of the announcement ..so I got out shortly after.....6 months later it was £1.60p ps.....won't be doing that again....lol

https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02302328-2A1260301?access_token=83ff96335c2d45a094df02a206a39ff4

lol....

Basher's turning up on a board can be a very good sign in my experience..... its usually a prelude to a sharp sp rise...especially when said basher's haven't even bothered to research the company......LTH's know MTR have the potential to be a 10 bagger & more....the moons are aligning and the company is becoming more and more credible with each hole drilled and each deal done.....just a matter of time......

Just received.....

Well...one thing Bonker was correct about was that MOD were sitting on a district scale find.......in time MTR's interests in the region will reflect as much.

Gaining momentum now....possibly a quick run to 3p+ in the next couple days....

Inv123, agree with your comments ref consolidation......I view this proposal as part of the evolution of a penny share company into a substantial corporate entity that shall be looking to attract many large institutional investors as the world refocuses on electrification ......MTR have their fingers in many potential world class assets at the moment and as said assets come to fruition/production, MTR may well become a substantial player in the commodities market......from small acorns....

Good numbers at last.......-- Q1 2020 entitlement production of 8,061 boe/d is 117% higher than Q1 2019 and is at, or exceeding, 2020 guidance. Strong production levels were driven by South Disouq, which performed ahead of expectations - gross production of 51.4 MMscf/d of dry gas and 511 bbl/d of condensate equating to 4,994 boe/d net to SDX........

Nor the 2007-9 financial crisis ......which preceded the largest market(s) bull run in history ....stay safe.....

True .....but on the other side of your point is the increased productivity and resourcing that will be required to replenish and rebuild both the physical world and the world economy's when this pandemic is over....... this will pass ...and the worlds economy's will return to the mean....just got to make sure you and yours stay until then.....

Smart move.....

lol.....:)

Hear what your saying.......interesting.....

'their' apologies.....

Dropping the share price is one legitimate tool at the MM's disposal for accumulating stock from weak holders to facilitate incoming buy orders......they make there cut regardless.......Valarie's purchase may have been fulfilled short hence the cover now in progress.

Bargain basement buy

So, with positive newsflow expected on multiple fronts in the coming year, the holding in Sandfire and net cash backing up all of Metal Tiger’s market capitalisation, conservative sum-of-the-parts valuations more than 50 per cent higher than the company’s share price, and the board addressing the valuation gap by making NAV-accretive share buybacks (16.3m shares have been purchased to date in the ongoing programme), there could and should be material upside in Metal Tiger’s shares in the coming year, and beyond.

Interestingly, the share price has traded in a tight range between 1p and 1.65p for the past 13 months, a breakout above 1.65p would confirm completion of the base formation and support a move towards the June 2018 highs north of 3p. Bargain buy.

https://www.proactiveinvestors.co.uk/companies/news/911617/sdx-energy-says-new-morocco-well-makes-expectation-beating-gas-discovery-911617.html