Member Info for Coldjoe

Hah, yeah for sure

Well there might be some other issues we don’t know about or it could be almost done. It did seem pretty straightforward in the last RNS though. Not sure about 200% but I would expect 4p on the RNS and then move past 5p as we get close to first oil. Assuming we get positive news…

It is very frustrating, especially with sp dropping every day. Update would be nice but we can’t do anything until April anyway so there is time. I would love at least a bounce though to be fair:D

Thank you mate, I do hope so too. Well done on RR!

Fair enough mate, I hope you will make the money back elsewhere. I believe we will be in production this year, but anything is possible. Let’s see the next RNS that should drop any day now

Incoming

Jesus 132 posts! https://youtu.be/qVXqJCYWJ2o?si=4G83LB0dnAJorWCP

The trip was very successful and at a meeting to conclude the trip in Petro Matad's Ulaan Baatar headquarters the Committee thanked the Company, declared their support for the Company's development activities in Matad and agreed the terms of the Cooperation Agreement which governs community aid expenditure during oil exploitation activities. The Cooperation Agreement is being prepared for signature and will be executed once land access has been confirmed.

I like this part in the RNS - extra pressure on the local governor to sign so the local community gets some money from oil revenues.

"The mechanics of the transfer have taken some time for the Government to determine but we are pushing and expect this to go through soon." you would think they have consulted the Ministry of Finance as part of this process

Yep, I’m sure that LSE goes through every chat and investigates in case of doubt. In this case they actually called the ambassador and she confirmed it. Permit is therefore in the bag and will land any day!!!

Must be a leak for sure blah blah...

Hopefully we get a proper bounce today, it would be about bloody time! Half of the stuff said on this board is complete rubbish, let's all just wait for the RNS that can land any day now, beginning of March at the latest...

We will get an update during the next three weeks imo. Fingers crossed for good news! Obviously nothing is certain, but I think we are very close to resolving this and MB believes so too with recent restoration of Heron drill site. Meanwhile can you guys stop selling at 3.1p? :D

It is very frustrating, but the recent move from 3.7 to here was on very low volume and we are in RNS window now, let's hope for positive news and then we will move to 4p+ in no time imo

Https://twitter.com/BadamsurenM

Similar trading today like yesterday. Decent buys in the morning, chance for a bounce and then the sells come from smaller to medium amounts no matter the price, normally I would say it looks like institutional investor set on selling out, but I don't think we have any active ones in MATD?

In theory yes but then that would mean that for the past X years during which they did operational updates every 2-3 months they never had any news in between that would have materially affected the share price

Of course it's frustrating, it's been going on for way too long. But as I said before the company always did operational overview updates in certain months (longer time apart) rather than frequent news, land permit issue or not it has always been so

Yep it's true that people seem to wait for the next boom or momentum trade, hopefully, we get that here soon after the next update

Well the usual move from below 3p to 4p happens from Dec-Feb almost every year, the actual operational update RNS is not overdue yet, I don't know why people expected it earlier, just check the previous years...