Member Info for Doc83

Oh look, another million+ shares dropped within 20 seconds!

Master82 - today's RNS was good, MB and management good for their word, things are progressing as they told us?

I don't think we can blame the lack of rise today on them?

"That is why you are seeing the selling"

Disagree with this. There has been plenty of buyers today, but we are simply being held back by that large seller. The RNS today has settled me somewhat that there isn't some dodgy insider trading going on - things seem positive so it would appear it's just a seller from the raise.

"Why was this required permit not lobbied for when we were trying to gain land access?"

This was also news to me - has this particular permit been mentioned in previous RNS's?

For some reason, I just can't picture RM flogging himself 16 hours a day and not finding an hour to talk to investors!

Great buying, but waiting for the next block of sells from our friend!

L200 - that's not blunt! Blunt would be something like "we know you are ramping scum, have never got any price prediction right and deliberately mislead!".

"I dont understand why still below 5p ? Incredible"

Because we've had a large and aggressive seller, clearly from the 2p raise. You'd like to think today will clear them out. I do think we would've been 4p+ by now without said seller.

"Doc : now that it's hit the 3s,"

Back into the 2's now! Santiago will be right at this rate and we could end the day down a smidge - damn the large seller.

Stas, there's a classic clump sold just before 9.30am, large trades, all within a minute of each other. Today there is big volume, but in recent days we've not had that but these sudden block sells come in. As you say, clearly from the 2p raise and IMO an II selling out for a quick 50%. But it's been holding us back, and is doing that again today.

“I was unaware that a construction permit was even needed, let alone still outstanding!”

Ditto! Surely, that is something that should be included in the approval to get the bloody oil out of the ground?! Mongolia… they love a meeting and they love paperwork.

Stas, I don’t know if you’ve been keeping a close eye on the trades from MATD over the past couple of weeks, but we’ve been seeing sudden clumps of 200, 250, 500k blocks all within seconds of each other. Usually first thing, then another couple of times throughout the day. That’s not usually the norm for MATD. Even a few weeks after the raise there was nothing like that. I’m guessing, obviously. But the patterns to me suggest a single, large seller has been about, selling into strength every time the price ticks up.

The pi55y little sub 100k PI buys from the amateur traders are just getting dwarfed by the 200,500k type block sells from our seller. Santiago will be right at this rate.

Yes, our big seller wasted no time offloading more shares, straight in at the bell! Hopefully they’ll be huge volume to finally see them off. We really might have been at 5p without them. It does make you ask, do you really want institutional investors?

Anyway, inwards and upwards. Would be very happy to consolidate well into the 3’s today.

Crazy for Santiago to say what’s changed and we could be read today. But equally, I don’t think we’ll see 5-6p today. Would be nice to consolidate mid to high 3’s, though.

Would still like PC and all loose ends tied up. BUT I am happy reading that RNS!

Mojito - without doubt that is the post of 2024 so far! 🤣

Enjoy Italy - one of my favourite places to holiday.

I wouldn’t class a 3 minute scripted interview on Proactive as shareholder “engagement”. But hey ho.

Aether - perhaps funds are so stretched that they’re going to roll two AGM’s into one next year. The first hour will be to discuss 2023’s accounts, the second hour to discuss 2024’s. And that’ll therefore mean no time for a Q&A 😂

Aeschylus, what’s your problem? MATD have only had £16m off us in the past 18 months. They don’t need to keep us informed! 😂