Member Info for bonum

Yes, 'Appraisal well'......good point John077

A lot of people will look at this over the weekend and easily identify the price breakout - and then the very compelling reasons for such ie the four, high COS, FULLY FUNDED drills....etc

It's pretty obvious (barring some very low chance natural disaster / earthquake) that the Price will push very hard henceforth, as we move into drilling.

Easy money in many ways and no doubt, an explosion of activity on this BB in the next few days.

I have my holding and sit comfortably for that.

Atb all

The Mongolian Horde is one thing......but we'll soon have the unstoppable 'LSE Horde' arriving on this BB in the next few weeks.

Excuse the pun, but we all know how this is shaping up and what's about to happen.... ;)

Mongolia are actively looking for heavy inward investment, particularly in natural resources, having the major International mining giants already very active in the country.

The obvious main market for these resources will be China, with Mongolia benefiting irrespective,from the revenues generated.

All potentially very good for Shareholders, so a very strong logistical / evonomic backdrop against the current drilling operations.

Petromatad have already been in talks with Petrochina regarding certain logistical / operational co-operation, hence already have those relationships & communications open.

We could most likely, imo, see that develop into a Buyout of Petromatad, contingent on drill results of course.

Regardless of those results from the 4 current drills, a major appreciation of the Share price from current levels, can be reasonably expected in the next few weeks.

Atb all

Ditto on that ironic - I certainly hope to majorly increase my own holding and see the CFOs purchase as highly telling of what we can anticipate here.

He certainly knows whats in store for the Comlany and where Bobby Kalar is taking this, within the wider sector trends.

It'll be a very quiet BB without Harryman.....nonsensical posts aside ;)

Atb all & have a lovely day!

A very significant rise from todays level, over the coming days / weeks. That's good enough for me and even before any drill results.

Atb all

Well said Capt. Stanley - I hold both stocks, so in a good position to judge their respective merits. They have very different risk profiles at this juncture and significantly better prospects here, with well defined timeframes within a fully funded, multiple drill program.

No brainer, imho.

Already in MATD moveonup!

10p baseline......so above that level......but materially greater than the current price, which is the most pertinent consideration for those looking at 'almost' a guaranteed, appreciable ROI.

('almost' - as in just the general caveat applied to any stock)

That's exactly what many of us anticipated and barring a certain degree of transience, should continue as we move through the Operational process.

Slow & steady, steady, steady climb upwards for the price!

Much to look forward to in the coming weeks!

Thank you to Guitarman, Madchatter.....and Harryman for sending and posting their recent comms with the company.

I'm usually sceptical (albeit not outright dismissive) of these, having seen a multitude of such in my years of experience. However, I've corresponded and spoken with Directors in the past, so know that direct communication can occur and be useful.

Those emails had a degree of authenticity and consistency about them, giving us some further clarity into the background workings of the processes. Nothing majorly new but at the same time, reassuring in some key respects and especially against the backdrop of previous 'rumour mongering' that's occured with the company.

As I stated previously, I'm quietly expectant of beauracratic processes to be seen through with appropriate 'measures' to facillitate such - part of the recent placing will no doubt help and accepting of the ingrained 'business culture' within the region - let's not kid ourselves.

I'd also expect the price to be back up around the pre-placing levels very soon, as the underlying support of the stock returns and given the underlying potential returns against expected News expectations and accepting of risks.

I was comfortable enough Buying at these levels, near enough the placing price and shall likely finish off the last of my 'staggered buying' today, with the view towards a push back to circa 0.12-0.15p within a few weeks.....and obviously much higher if we do receive key news - against any downside from these placing levels makes it a relatively easy choice (for me).

Atb all

There interesting underlying actions but obviously short term, especially in the face of the underlying fundamentals here. Where they often come into greater play (and for extended periods) is with distressed companies on an obvious decline (remember Connaught).

I have a clear perspective on this going forward, obviously shared with the CFO and other Directors, who are 'in the know' on what's happening and anticipated progression, albeit we can garner alot from the improving financials anyway.

I agree with Wongtongs points on consolidation on the sector and believe that's where Bobby Kalar is taking this, hence also in their interests, beyond the publicly stated aims, to put the share price back where it should be.......which is well above where we are now.

That wont be over just a few days but certainly on the right trajectory, with the underlying Uptrend in place - follow the trend.

From that perspective, I see current levels as 'opportunities', hence have liquidated part of my dividend paying portfolio, to increase my holding level of YU - started off with divesting of RMG (Royal Mail) and will look to others.

YU. presents a much better prospect than most such stocks, with its massive Capital Gains potential, strongly backed by the Management and it's Dividend paying side.

Hence, in the wider scheme, Milton are very transient and give us an Opportunity to position for whats coming here - and more News / Initiatives around AGM time, imo

I see YU. as a stellar opportunity amidst a lot of plondering alternative investments.

Atb all

Blussful, yes agreed on that but my point being that I don't expect a near term one to be concluded, given we're fully funded and at a late stage with moving into operations - down the line sonewhat, perhaps and as you point out, on our terms subject to succesful outcomes.

On an aside, the price looks like it's shaping up to start rising, imo.

Will be interesting to see where we are in a few weeks time.

Atb

Thank you to Harry and Madchatter, for taking the time out to send those emails and share the responses on the BB.

What farm in? Our 4 drills are fully funded, so not really looking for any near term announcements on farm ins tbh.

Regarding your post at 09:25 Mr.P, where you look at the likelihood of a 50p+ share price contingent on certain outcomes - people may view that as far removed from where we are atm and quite rightly so.

However, we are where we are, due to previous developments & actions that have knocked sentiment here. I've seen posts refering to MATD as a 'bad investment' due to 'previous drill results' etc.

That totally misses the point of where we are at this specific moment in time.....with these specific drills.....Fully Funded on multiple drills......and a better, more experienced Management team at the helm.

Looking at this with 'fresh eyes' on what we actually have here, it's a real 'no brainer' as they say, securing stock at these levels. Accepting the obvious caveat of inherant uncertainties in the Markets (we're all involved in the markets regardless).....this is a very obvious BUY and likely to Significantly increase from current levels just moving through stages of Operational progress and regardless of eventual outcomes (strategic derisking applies there).

I'm comfortably invested here and anticipate an influx of activity on this BB soon.....as well as a correspondingly higher Share price.

Atb all

VIAGRA time again Mannan.........focus on the investment please ;)

On a more serious note, I don't expect any major downward pressure on the price, inbetween News and given the drop yesterday to near enough the Placing price.

A lot of stock was 'offloaded' around the time of the CEO's PR campaign, the Placing no doubt being arranged at the time.

The recipients of the new shares will likely have already actioned what they needed to, with the new shares being retained for the time being.

Hence, I'm actually expecting a quite brisk move towards pre-Placing price levels and given the 'potential' upside along with the very large underlying following of this stock.

Obviously, specific catalysts need to be actioned to facillitate moves into further new price ranges.

Imho

Atb all