Member Info for Doc83

“Doc do you have shares here. Non of us know what's your opinion.”

Yes, I do have shares. And really, you don’t know my opinion?! I know you struggle to interpret Mongolian but I talk in plain English and have given my opinion/thoughts many times.

For me, there is still hope here. We have an asset in Heron but my concern has always been that there is corruption, probably at all levels of government in Mongolia, stifling our progress. We also happen to be sandwiched in between two of the most corrupt and despicable nations on earth and very reliant on one of them.

I’m probably a bit less than 50% now that this will come good. Does that mean I will sell? Not yet.

Other thoughts - if we don’t have Heron online VERY early in 2024, then I see a cash raise happening. If for no other reason than MB will want to get drilling on other sites. But he’ll need to pump the price up before he does that, so I’m sure they’ll be some kind of positive news spun.

“ Doc blows wild with the wind. He doesn't know where he stands. Yet he is here on daily basis posting.”

Coming from one of the biggest jokes on this board! You and Hamm are two of the biggest flip floppers around. I’ve been very consistent. Consistently negative (cautious), perhaps. But with evidently good reason.

Unlike many, including yourself, I’ve always urged caution on the timescales for this investment. Sadly, even my own oft criticised September prediction has turned out to be too optimistic.

It’s comments like “It would be mad selling at this price” that are unnecessary. Especially so when he was writing the same garbage at 7p.

“It would be mad selling at this price. We might get the news at any time.”

You’ve been spouting this tripe for nearly a year. And still 4 people have already recommended your post :/

EC - I don't doubt it's a good product. But can it make a stack of money for investors? Time will tell.

"Do you still have faith WOS will be back?!"

Maybe. But he'll disappear at some point, to return later under a new name.

Master - what would likely be discussed? My understanding was everything has been agreed, but the Provincial government want all the herders compensation completed first?

"...the Tripartite Agreement between the Land Agency, the Ministry of Mining and Heavy Industry (MMHI) and the Provincial Government which regulates the management of special purpose land has yet to be finalized. The Land Agency issued the draft in July and MMHI quickly responded positively but the Provincial Government wants to complete herder compensation first and this further bureaucratic delay may jeopardise the chance to put Heron 1 on production before the winter operational shut down."

I still don't know why the delays. They were getting either new land or cash... I'd have thought it was a case of saying to them give me your sort code and account number, and we'll wire the money across FFS.

BP - I think he was due back into the boiler room on Monday?

Would be nice for him to show some humility and admit he's got this wrong.

Master/Hamm - for the sake of your own mental health, just write this off for this year. SS said yesterday I was having a meltdown or something similar. Anything but. Frustration, yes. But I’d accepted a long time ago that there is considerable corruption and/or a willingness for the local government to continue to stall and delay MATD. This could go on for a long time yet and was never going to be as simple as the likes WOS were spouting.

“Translational research is research aimed at translating results in basic research into results that directly benefit humans. The term is used in science and technology, especially in biology and medical science. As such, translational research forms a subset of applied research.”

It’s not a typo!

“He should have been more generous from day 1“

I think he ran out of brown envelopes!

No manipulation. RNS and update saying this year is all but written off, SP down 10%, very fair.

"Why are we being past from this ministry to that ministry."

It's all about the big C.

“Moderator? 🤣

This is from the guy who persistently calls the MD a liar. ”

Do explain what these two things have to do with each other?!

“Let’s all stick to MATDs prospects in a calm and rational way”

Hmm, yes oh wise one. That’s exactly what I (and a couple of others) have been trying to do this past year, especially so the rational part. Except you get shot down for being a deramping negative nelly.

"Can we stay on topic now?"

Sure. Just to clarify:

- no one is allowed to "whine".

- we should therefore only post positive comments or look at it "glass half full".

- we should "ignore the historic disappointments" when postulating what could happen going forward.

- Not call out BS, i.e. most of WOS's posts, for fear of being called a washer woman.

Cheers, moderator.

And this, LOL:

"I’m not going to get into one with you, I’ve seen how you operated with WOS - on and on and on, like an old washer woman."

I was thinking the same about you!

But if you mean tempering his wildly over optimistic ramping, then sure. I live in the real world, so things like what is happening with MATD are not too much of a surprise and why AIM stocks are just one part of my asset allocation.

"On cue Doc has yet another meltdown 🙄"

Where was the meltdown?

Ol' ShortShrift here, apparently lurked from the side lines for months before deciding to come on LSE proper, now setting a daily posting pace to challenge WOS! Just who are you, really?

Funny to see those whining about people whining. This has dragged on for 2yrs, shareholders have every right to have a moan. I'm annoyed but not surprised. As you pointed out, I said waaay back that I thought it would be September. It's become clear that the corruption is worse than I first thought and while I won't sell, I am becoming more concerned by the day that we might not ever see a positive outcome here.

investor33 - you can talk all you want about MMs, and you might have some valid points. But in this case, we have been told that this year is all but written off, so it's logical the price falls. And it'll continue to fall as these delays continue.

The locals have and continued to block this. So why would they then allow us to proceed in parallel with getting everything else sorted. No chance.

It pains me to say, but MB has made it quite clear that this year is a write off. I expect the SP to drift down to 2-2.5p. News will be needed of it being resolved *very early* in 2024 otherwise cash will almost certainly need to be raised, although I’m not convinced they’ll manage to do so in the market.

I’m at a loss what else MATD can do. Even getting the UK ambassador involved has seemingly had no positive impact.

Oh FFS, let’s not go blaming the MMs again. There has been an RNS with more delays, the SP deserves to fall.

“unless the pace suddenly quickens it is now unlikely that we will get the Tripartite Agreement signed in time.”

2.5p incoming.

The local government is clearly corrupt and this is a big concern for all of us and our investment.

WOS once again incorrect.