Member Info for Coldjoe

Where did you read that? I thought they are targeting 500bpod per well (1500 for three wells)

No love for MATD?

Well said fairanalyst, plus if you look at today’s trades it doesn’t warrant the drop here, we will resume marching north soon enough, still can’t believe people are actually selling under the placing price, but each to their own, patience will bring big rewards here

Decent close today and great volume to consolidate, hold for that 3.7-4.4 gap fill! It should attract a lot of traders, gaps always close!

Yeah I reckon if we keep 100 trades a day we should consolidate pretty fast and then 3.7p+ Is blue sky with that gap

Heron oil will be benchmarked to brent most likely, but what will the pure profit be after all the expenses I’m not sure, $10 change in oil is 40% change in Heron’s NPV though so plenty of upside of we see brent at a $100

Yeah 25% not bad in general, but not when you gonna sell on a bloody $10mil fundraise price

But to be fair if the volumes hold we should get there quite quickly

Well I find it strange that people would get measly 25% and especially when it’s just at the placing price but that’s just another day on AIM I guess, I’m holding for 5p++ ,don’t mind waiting

Hopefully we get back to the placing price tomorrow, consolidate a bit and then straight to 4.5p++

3.5p is a bloody placing price and that gap around 3.7-5p should bring in the herd….5-7p would be fair price at this moment imo

Good luck to you, but I don’t get the hate about MB. In my experience he has done what he said so far and Mongolian government delays, covid or low price placement (decided by the brokers) are hardly his fault. Is he the best CEO ever? Hardly, but as far as AIM goes he is decent imo, MATD is in the best position now that it has ever been in…

btw if anyone's having lazy Sunday check this out: https://www.youtube.com/watch?v=TgS2huAm0Fs It was done before the exploitation license and placing but provides pretty good info - the most interesting bits imo are the corporate tax in Mongolia only 10% and royalties only 10-15%, means a lot of profit for us!

well happy new year everyone! Finally we can look forward to production later this year and not "next year" anymore...here is to a good Q1, going back to the placing price next week would be a good start:)

I find it crazy to sell far below placing price mate, but GL in Zephyr!

I’m curious to see tomorrow, if you check the trades today this should have closed blue, unless there will be some late printed sells, either way volumes are not bad and it’s getting more attention, onwards & upwards

Well there will always be sellers but I think today we had more buys than sells, so it’s the usual MM shananigans

More of the same tomorrow please

Nice buying today, I think we will breach 3p soon and hopefully once and for all, ridiculous valuation atm

Don’t know what do you mean, matd has always drilled everything that was planned, if you are referring to the dusters before MB came in, they kept drilling without checking if the wells actually flowed, they were too far from the “source kitchen” and matd has learned from that mistake, heron already flows