Member Info for badprophet

//those who've stood by MATD for the long haul.//

This company has totally lost investor confidence - those who've "stood by it for the long haul" will be bailing out in droves if the day ever dawns when they can get out without a disastrous loss. With my 4p average I will be selling out at 2p unless something very drastically positive happens.

SP is stuck at bottom - I think MB needs to sack his ramping crew & get a new lot.

I think Hamm is simply asking too much. No PIs have enough information to provide the kind of informed debate he seems to want.

//The Mongols may indeed pull their finger out when the refinery is ready. I don’t seem them applying much pressure to help some drowning shareholders in Britain by insisting we export Heron oil to China.//

Having said that if they want the refinery to have a flying start then the spade works needs to start soon - certainly in 2026 drilling season I woulda though. (This is assuming that the surveys are kosher and that oil can be extracted.)

Has the 70/30% pay cut been clarified?

//to boost market sentiment at a time when confidence is crucial.//

Confidence isn't crucial though is it - they got the raise money. The only thing to boost market confidence is some positive news about a farm in deal (not just "oh we sent out some details and a bloke is thinking about it") and/or a substantial increase in oil production from existing or new wells.

Thorno filtered - lunatic ravings!

Thorno:

https://www.youtube.com/watch?v=7fdAFmtq-o8

No one holding that is

Averages don't really matter - with the SP at bottom no one is in profit. period

// Lot of them didn't even buy at the latest raise offer.//

Damn right - why buy the offer when it was obvious the market price would be lower.

While you hold shares here you are totally at the whim of MB . whoever pulls HIS strings & the vagaries of the market. Those underwater who don't want to sell at a loss simply have to hang on & hope for the best but prepare for the worst. Like mushrooms we are kept in the dark & fed "compost"!

I wouldn't call it "switching sides" if you correctly asserted 4p (even 1.5p) was overvalued but consider 0.7p might not be.

Define "traitor" please.

Getting banned? adding to the crowd? embarrassed about previous posts? more reasons?

Thorno - as I have said before trade it or bottom drawer. I sold 1/2 my holding (at a loss) well above the current 0.7p and will hold the rest for the long term. It's now such a small part of my portfolio that it won't worry me unduly if it goes bust or make me rich if it booms. No more AIM for me after this prolonged fiasco.

//Double your money time.//

It's not "double your money" on my 4p average though is it!

I expect to see the Mongolian refinery & pipeline on TV in the not too distant future - it's a program called "ABANDONED ENGINEERING"!

Thorno's really gone off his rocker finally, sad to see.

Still MB says "no manipulation" and he should know...

With the apparent volume being traded it's strange there's no movement in the SP.