Member Info for Doc83

Hamm, answers below:

Doc, please tell me if you think MB should stay? Do you think he can deliver? NO AND NO. I WAS UNHAPPY AFTER HE BLATANTLY LIED IN DECEMBER 2022, SAYING A RAISE WAS NOT NEEDED BUT THEN DOING ONE 6 WEEKS LATER. I THEN HAD SOME SYMPATHY WITH HIM HAVING TO DEAL WITH THE MONGOLS AND THEIR RIDICULOUS BUREACRACY (AND PERHAPS CORRUPTION). I THINK HE'S HAD ENOUGH TIME NOW AND ENOUGH IS PROBABLY NOW ENOUGH.

Please tell me your take? Please tell me why you are here anyway if you are so sure MATD is rubbish? YOU KNOW THIS AS I'VE ANSWERED MANY TIMES. BUT TODAY IS PROBABLY THE CLOSEST I'VE BEEN TO SELLING AT LEAST PART OF MY MATD HOLDING. I CONSIDER TODAY'S RNS THAT NEGATIVE.

Sounds that you are mr know all, then shouldn't be here at the first place! NOT A KNOW ALL IN THE SLIGHTEST BUT I'D LIKE TO CONSIDER MYSELF BALANCED. FOR THAT, I WAS ATTACKED RELENTLESSLY BY WOS AND IAMRICH. AND YOU, COME TO THINK OF IT!

I am sure you were hoping sth get done and you are disappointed as well. I THOUGHT THERE WOULD BE FURTHER DELAYS BUT THE NEWS TODAY THAT CENTRAL GOVT ARE ALSO NOT HELPING US, THAT WE ARE EXPLORING POTENTIAL LEGAL RECOURSE AND MB's OWN CONCERNS ABOUT THE UPCOMING ELECTIONS, IT WAS WORSE THAN I EXPECTED.

Hamm - I don't think you have a right to complain now, having spouted nonsense such as this for the past however many months:

"Amazing opportunity which should not be missed guys.

Nayers claim MATD fails but still here!

Massive rerate not far away."

I must admit, I'm surprised MB released the ops update today. You'd have thought as it's bad news he'd wait until the AGM to a) not allow people enough time to think up and bombard him with questions pre AGM and b) attempt to smooth things over and calm investor nerves verbally.

"Nothing is connected to the elections"

MATD are clearly concerned it might, hence them explicitly mentioning it.

Re a raise, it is feasible they'll arrange something exclusively with the likes of a Petrovis, completely excluding the ordinary PI. Remember, out of $6m previously raised, PI's only got $0.5m, IIRC.

Biggest concern for me in today’s RNS (and there are a few) is talking of potential legal recourse if central government don’t play ball. That’s a huge statement to make, especially to the MG, and the first time in my time here that anything like that has being mentioned. It also shows that MATD are concerned no matter what they do, there’s always another hurdle to jump.

As usual, no humility from WOS for getting it catastrophically wrong and criticising those who weren’t so positive.

My thoughts on where we go from here? I don’t expect anything now until after the elections, which MB seems to be warning us of with this:

“However, with 2024 parliamentary elections looming and central government moving slowly…”

If this is the case, a raise is surely on the cards but it sends a shiver down my spine to think at what price. The previous raise was done with the SP at 5p+ and lots of positive sentiment.

It’s even worse than I was expecting, I’m sad to say. And for us to be mentioning legal recourse, that’s a big concern as even MATD themselves must be concerned.

I expect 2.5p today. A raise can’t be far off but how? The SP isn’t 5p like last time.

So nothing has been signed, we are still in discussions with PC, the provincial governor continues to frustrate, the herders still haven’t got their compensation and we’re even now looking at the potential for legal recourse against central government.

Come on WOS, spin this one.

WOS - pull the other one. Every time someone posts anything remotely negative, or even balanced, you come back at them with a subtle but personal jibe.

And the AGM is Tuesday. So we should now get an operational update within the next 3 working days… Friday, Monday or Tuesday?

A fellow COPL sufferer has kindly forwarded me the email. I will still re-email Mr Cotter to ensure he has my details, although I did get an auto reply so it must’ve worked.

I’ve just read RBM says there is an issue with some emails, Yahoo, AOL etc. Mine is Hotmail… not sure if there’s an issue with them?

I’ve received no email from Mr Cotter or anyone else. I sent another yesterday saying I’d not receive anything but still nothing.

“Looks like nobody really knows the cause.”

More sellers than buyers?

“WoS tripe is in your opinion .

Without any doubt he's over the Top but the personal attack he received is sick”

Yes, again and it’s a chat board where we share opinions. Your point is?

And sick? You’ve clearly not been here long. When he’s followed you over to other boards to sl.ag you off, you might change your opinion!

Yes, it's a chat board for an AIM stock. It's all speculation, including WOS's tripe, which you don't seem to mind?

Proph - they might not have all been reported yet. There were 3x exactly £20k sells, which would say to me they are the same seller drip feeding their order into the market so as to not complete decimate the SP.

As we keep saying, we'll know very soon because there will be an Operational update at or just prior to the AGM. Last year it was the day before, so perhaps as soon as Monday. Or maybe Friday if it's really not good news!

I'd suggest there is either a big seller behind the scenes, or there is indeed a leak of some sorts that the message at the AGM/Ops update will not be as WOS suggests. This seems more than just daily market movements.

SP was 5p when AGM announced last year. It dropped to sub 3p by the time of the AGM and operational update where this was said:

"The Mongolian government's process to certify Petro Matad's Block XX Exploitation Licence area as special purpose land is progressing although more slowly than the Company was initially advised. We continue to press for rapid action at all levels and this remains our number one priority"

Sound familiar? We might be getting something similar next week.

"Prof what absolute rubbish."

Prophetus - the SP was 5.5p before the last raise was done at 2.5p!

Hamm, not all sells are red?!

Bob - in that case, we'll definitely see you there!!! ;)