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Yup, being a MATD LTH definately isn't for the faint hearted!
Just keeping hold of my shares until the promised land finally arrives and fully expect ups and downs along the way.
I may well top up my ISA (yet again) if the LP still isn't here in the next day or so ....
Not holding my breath either way.
GLA.
Awesome summary D1nger, thanks.
Been here since 2019 and although I’m already heavily invested, I would probably buy more if the new ISA year was here.
Fingers crossed for 2023 being the year of the Matador.
GLA
Part of me wants the LP to land ASAP, and part of me would like it land at the start of the new tax year so that I can top up the ISA and grab some more shares here first. Either way, I just hope for all of us that it lands soon. Especially fellow LTH.
Thanks Master for the great research and posts as always.
GLA
Spot on. Big thanks to the guys that are using this BB for the right reason and posting useful information.
It's much appreciated. We are all in this together. I do still believe that it will come good as well, but as per usual .. it's not easy going just sitting here endlessly waiting for any / some kind of information from MB / Matad and the GoM.
Anyway, have a nice weekend all. Let's hope next week gives us some long awaited good news that we deserve.
Especially the LTH.
Hamm - I totally agree with you. I so think that the Buck actually stops with the GoM though (no pun intended)
I totally agree about drilling for more Oil when it's been 4 years and still no LP since we last did that for them.
Although it's helped bump the SP up a bit and probably will do nearer the drill date .. like you said, what's to say that we find Oil again but have to wait years again to extract any of it. Seems beyond daft.
A suspicious mind would be thinking that the GoM is using Matad as an explorer rather than actually working with us.
You're e-mail is to the point without being pushy. It's appreciated you being proactive as we are all getting fed up of the usual drift into silence from Matad and the GoM etc.
GLA
I'm neither a huge fan, nor a critic of MB.
IMHO .. I think this is pretty much all down to the GoM.
MB could maybe be blamed for agreeing to drill and look for more Oil for them whilst we are still waiting for the previous Oil find from years ago to be taken out of the ground, but he himself stands to make more many than any of us when the LP is finally granted, so why wouldn't he be desperate for that to happen as well?
Hoping that the GoM aren't just using Matad as an explorer to find Oil for them and go no further than that, but I think that they just incredibly slow and somewhat inept at doing this. Maybe a little hesitant of signing up thanks to the actions of PC.
Fingers crossed we will all be happy soon when some news finally lands.
Totally agree. Things seem to move at a snail's pace in Mongolia and we can only hope that the LP being granted is an inevitable thing and that it's just a case of patience for us now.
I do seem to remember the EL being the same though, and then all of a sudden it came.
I'm heavily invested here and just want the best for all of us, especially LTH like myself who have kept the company afloat by not pulling our money out despite cash raises wiping out profit out just days after making it.
In my opinion ... I truly believe that MATD will come good and that this is our year. Things finally seem to aligned.
Only time will tell though .....
All the best to everyone invested.
Great stuff Master, thanks for that very informative post as always.
I agree that it must surely bode well for Matad.
Especially if we acquire of a few of PC's areas and big bench said!
Realistically though, just an RNS confirming the LP being granted would do us all nicely at the moment.
Keep them fingers crossed .....
Welcome aboard AI-Investor.
I think / hope your timing is impeccable here.
I've been here since 2019 and hold a substantial amount.
IMHO, it finally now feels like we are genuinely about have a transformational year.
So much big news is potentially on the horizon for us.
GLA