Member Info for Doc83

A rather random sell for 100 shares at 2.8p.

I’m hopeful we’ll have an RNS this week, maybe even tomorrow morning, confirming the meeting has been held and papers signed. There’s been plenty of preliminary meetings/discussions already. Unless PC really are being awkward, hence the need for MRPAM to mediate.

Anyone buying UKOG 1 hour ago is now down 30%. All about the timing...

Yes! Come on MrCosts, we've been over this many times. AGM no later than 6 months after their year end (31st December).

What I like about MATD now is that Gobi is about as much of a free hit as you'll get. Certainly nothing priced in for it, and if it's a duster it shouldn't harm the SP, at least not catastrophically.

UKOG - one of the most astonishing rises. Although it has been from £1m market cap, so micro micro cap.

"I'd be a very happy man if that happened, but would likely die of shock shortly after. "

LOL!

Talk of dividends is funny. We are years away from any such thing.

I’m hopeful for the talks between PC/MRPAM/PM. Although why the need for MRPAM?

“Why would someone who has sold out already actually care?”

It is true, I have all but sold out and have limited “care”. But I do have family and friends still invested and want to see it do well for them.

I can’t give you an example specific to TFG because I haven’t looked and as you say, I’m not that bothered. But they exist to make money for their investors, and if such a scenario was possible for them, I can assure you they would pursue it.

MEAL was a shi77y business. DEST has similarities. We’ll know soon enough if SNG follows their path.

Aether, 4 weeks ago.

“Delisting when we have enough cash into 2026?”

Yes, they can keep the lights on until 2026 but nothing else. It is not beyond the realms of possibility that they will need to delist to raise the finance. It is what DEST is doing and plenty of others have done over the years in all sectors. Even MEAL was another scandalous one. Just as an example and not at all saying this is the case with SNG, but TFG could say we’ll give you the cash but want X, Y and Z. It might be so punitive/dilutive to the PI that it’ll never pass. So announce intention to delist, trash the price, openly admit you’ll be buying up said cheap shares prior to delisting so that you can force the vote through and have your way. Sound crazy? That’s exactly what MEAL did, openly, with the CEO setting up a family company to buy the shares. The vote passed through easily, despite every PI livid and saying they’d vote against.

Ojay, I’ll be ecstatic if we get a game changing rerate in the SP on the back of a Heron RNS, for example “the rig is built!”.

I think we have to accept that we’ll only ever get small, incremental movements on any news related to Heron. The big move, if it happens, will only be on a truly game changing event like Gobi perhaps coming in.

***The spike in 2017 rather.

Completely irrelevant due to the change in number of shares in issue, but here are the average SP over certain periods:

1yr: 3.46p

3yr: 3.41p

5yr: 3.54p

10yr: 5.25p

SP 10yrs ago today: 3.06p

Remarkably consistent, and but for the spike in 2010/11, the 10yr number would also have been around the 3.5p mark!

Asher - don't fall over... but I agree. I've waited 3yrs, I'll wait a few more days/weeks to see how this pans out. Gobi is rather exciting, IMO.

Some chunky sells going through, just as there was yesterday. Maybe some are happy with their 50% profit and don't want to risk an RNS saying PC are refusing to play ball or need to get it signed off by Xi Xinping in 2025 first.

If it was a no go, they wouldn’t have extended the period and certainly wouldn’t have continued to say they expect it to go through with no issues. Happy with this and we’ll get the confirmation RNS soon enough.

"traders all over the world who are successful beyond your wildest dreams use it every single day"

but not on an AIM listed Mongolian oil exploration stock.

Investor, I'm pretty sure I acknowledged that day they crashed it down heavily very first thing in the morning?

Humility? Now you need to take a look in the mirror!

All you bang on about is how stupid LTHs are to hold long term.

Just to add, I can well appreciate bots and algo trading on the Nasdaq and where there’s liquidity. But an AIM-listed, Mongolian microcap stock… not so much.