Member Info for Doc83

Cyberdense - try really hard to put one post together that is actually coherent and readable. Please!

LOL, Cyberplonk claiming he understands how business works! Some crackers from Cyber, just to remind ourselves NOT to listen to him...

09/12/2023: “I really don't understand you lot here, why are you guys taking such risk with a company that's been struggling to get a bloody permit for years and years here lol,

What returns are you guys expecting on this permit for heron, is it really worth a one bag?

Plenty of stocks out there that will get you more in less time,

Just looks like for the outside you guys are all depressed fighting here with each other as you don't have anything to do in your lives”

15/12/2023: “do you guys here really think that matd will actually exploit oil? i don't think the mongolian locals will let you, these guys are. so dumb they wil over look the fact they will suffer long term and die out due to now investment in their country, this is just a dumb vs dumb situation, i think matd should pull out and tell the world don't invest in this sill **** country and let them ******* waste away”

Or, on COPL (which delisted just weeks later):

13/12/2023: “Cool trend normally spikes end of December and January, plus production increase to come with joint venture, should see this minimum 100% up easy, joint venture with big guys like exxon expect multibags, cheap share right now for what's on offer,

Should see this now also go into recovery mode”

Seriously, you are hilarious.

My view is that MB will do a raise once Heron is on stream and the SP hopefully ticks up, so it is more palatable to LTHs. He might even be disappointed the SP hasn’t “boomed” more already so that he could get the ball rolling on it now.

All my opinion, but it’s my intention to sell a good chunk if/when/as soon as this pops a bit.

Dustyslay, that's a bit rich coming from you! We have to listen to your incoherent ramblings on a daily basis!

SW credited PJ today for laying the foundations of today’s RNS…

Bigbench, c'mon, give the ramping a rest! And if you're going to ramp, at least make sure it has more substance than "5p this week, 7p next week..."!

Stas - I asked the other day if, after being highly critical of MATD immediately prior to the RNS and saying they'll never get oil out of the ground, you are now confident of their prospects, or do you see this as simply an opportunity to trade and make some money?

We know that's not true. Last year when you made that mistake, the SP shot up 30-40%, then fell back just as quickly when you acknowledged you'd misunderstood it.

It's going to need a massive master82 ramp + multiple RNS/news flow to break that stubborn resistance point! ;)

This is true. Although SW seems confident it will go through and doesn't strike me as someone who would put out such an RNS unless all but sure on something.

The 50,000 "sell" at 19.4p is most definitely a buy.

I've topped up. Slightly annoying as it was just after the bounce. I'd seen it was still 18p offer and thought this is getting silly after the RNS this morning and GMET rising again. Anyway, hopefully this now pushes on.

Keen to hear Tray’s thoughts on this and updated POW “value sheet”! But £10m (potentially rising to £14m) for selling 70% of our uranium assets seems decent, considering what we paid for them. And still keeping some exposure if things really do take off.

Prof - 4m shares/£160k is a stack of cash in anyones book for an oil stock in a highly corrupt country! You’re just being a bit of a wind up merchant 😉

Hamm - why so nosey and why does how many shares master has matter? But I’m assuming you’re happy to tell everyone how many shares you have?

Only checking in here periodically and leaving it to Michael Cotter and CAG now, who have my fully support. But quite incredible that the level of corruption and skullduggery by COPL being uncovered doesn’t seem to be abating.

Unclemal - how did I miss your post?! Nice trade. As I’m breakeven at this point, I hope you’ve made a terrible decision 😃

“I suspect someone wanting to get in at this stage.

31-May-24 16:40:42

9.35

500,000”

Surely this was a sell? 9.35p closer to the bid than the offer.

R&H - but we don’t know if they initiated conversations with them after their initial approach. It would be interesting to ask MB if their “credentials” were suitable and if they are a viable alternative to DQE. However, good find and well remembered from a 15 month old RNS - it does give me further comfort that there are potential alternatives if DQE don’t want our business. Although I would wager that if we do have to use an alternative, it will delay things further.

Cyber - you keep saying to follow the RNS's, but that's exactly what I'm doing and quoting from.

Simply, MB has confirmed:

- DQE are busy with PC "early Q3". Q3 is July, August and September, so early logically is July, as in next month! That means we have this month (June!) to complete negotiations and get the crew at site.

- MB has said "it is hoped to have the crew at site before Mongolia's parliamentary elections on 28th June, although campaigning tends to have a disruptive influence on logistics in the country".

Therefore, we should expect an RNS confirming all is agreed with DQE "immanently" (to quote WOS). If not, I will conclude (IMO) that DQE are playing silly bu99ers for whatever reason. Now, MB has not mentioned discussing this with anyone else besides DQE so it's feasible this could drag on yet. But yes, in summary, let's hope for an RNS very soon, maybe next week.