Member Info for fundraiser222

MrP sold up long ago for big profits he’s not stupid, if 5p support falls stop losses will be hit no doubt the mms will go stop loss hunting before the results

Haha as long as you have kept your encrusted underpants you should be ok coping with a duster

Once results drop, anyone left in now is taking the gamble on the results so GL all as long as you can afford to lose 60% of your investment it’s worth the gamble imo odds 1 in 5 of hitting oil no worse than a horse bet but don’t risk the family silver it’s a pure gamble

You can’t pip trade Matd lol, I’m saying what I see which is large buys to start then sells, if it was a leak at 1 hour of trading we would be more than 5% up! Either a few shorts closing or averaging down it’s definitely not a leak as the big buying has stopped and the sells are brining it back down towards 5p again as I said very frustrating

Here come the sells! Why is any slight rise sold into here it’s incredibly annoying, few big buys this morning perhaps a few big holders averaging down before results, won’t be a leak as the big buying would be continuing and it looks to have dried up, rns must be close though 60% drop on a duster or a massive rise... let’s see as always 80% odds are it’s a duster but miracles do happen

If 5p falls then stop losses will get hit on after the other, not looking good the silence from the company is ridiculous no PR and no operational updates, I can take the 50% loss as reduced my holding considerably to manage the risk

It will certainly be an interesting week next week, the political situation in the UK is affecting prices but if Matd hit 480mbl in Mongolia it will unlock the golden gate to a farm in and investors should be rewarded with a 10 bagger on strike rns, it really is a huge well for Matd and think we will see an update next week

Some big buys coming in now, starting to look very interesting

Tender closes Monday “TENDER ANNOUNCEMENT TENDER NUMBER: 2018-CAPCPM-IVVXX-Drill Petro Matad LLC (Petro Matad), a wholly owned subsidiary of Petromatad Invest and Capcorp Mongolia LLC (CAPCORP), a wholly owned subsidiary of Central Asian Petroleum Corporation Limited (CAPCORP Limited), together announce Tender for land drilling rig and all associated services for their Exploration Well Drilling Campaign in Mongolia. Important dates to note: Tender announced: 19th October 2018 Tender submissions deadline: 12 noon, 19th November 2018

Yes Wildine tender closes for the rig operator for the XX drills tomorrow it’s on the Matd website so we should get news on the tender bids next week, book looks very strong any volume and it will be back over 6p very quickly

Agree if bad news was leaked it would have been released today in any case, yesterday the mms went stop loss hunting at the end of a Thursday and caught a few, then as if by magic the big £25k sell was cancelled when the market closed, big games been played but the risk reward now at this level is tremendous, we have 4 wells to be drilled starting in April not a chance with a 4 well fully funded drill campaign with 3 of the wells over 50% COS will the mcap be below £35m. Duster at WH priced in yet we have no news... as I said any strike on a target this size and it 10 bags and will get a major farm in partner to fund a multi well multi billion barrel drilling campaign to turn Mongolia into an oil producing major, it has always had this potential if they strike oil not long to find out now

So far, if there was going to be a negative rns it would have been released today so looks good that yesterday’s drop was just manipulation by mms as the large sell was cancelled. If they were going to suspend drilling they would have done so by now as temps been cold all week, picking up after this week the cold snap looks to be finished in the next few days, big relief that there was no rns this morning and interesting that the mms want this lower can sometimes be a very good sign

Took the the 1.5k profit, good luck chaps hope you get a bid, the drop to 9p was silly

Easy money 2 grand made in less than an hour, was an obvious move lower to scare out the weak, cheers

By tomorrow imo, no reason for it to have fallen this low apart from pi sells and shorts. 9p is Rock solid support, expecting this to be well over 11p by Monday, if a bid lands of 20p plus that’s the minimum imo fuel prices lower sterling stronger, bargain and ppl will be jumping in above 10p later today once they let it go, 9.58p paid give it an hour be well over 10p

It will bounce hard, 9p is firm support and has been tested twice today so we know stops won’t be taken out below 9p, this was tasing betwwen 11-12p since the last update the only reason it has dropped this low is pi fear, buy when others are fearful etc etc, imo this will bounce strongly back to 11-12p zone by tomorrow, then we await the bids. The company has loads of cash and is not in any immediate danger of closing if you read the accounts, fear brings opportunity and this is a massive opportunity buying sub 10p, could easily get a low ball 20p offer and it’s an instant bag

Powered by generators obviously, no point posting on this board anymore it’s infested with ppl who have gambled more than they can afford to lose so are panicking big time, I’m running punt money so a 50-60% drop won’t hurt too much on a few grand. Last post from me now until results open discussion is obviously banned, GL all

Do you think they have electricity in the Mongolian desert? I have asked them to clarify if they are still drilling or have suspended so this should prompt an update, Friday for news if it’s bad imo if no news tomorrow I’m hopeful they are still drilling

When the minimum temp is -19 it’s not the frost you have to worry about it’s can the generators still operate, if they can’t it will be suspended, I will message them on twitter to ask if the drill bit is still turning it not as these temperatures are pretty severe for a rig that’s not fully winterised

Now upon us for the next week, if they will have to suspend operations we should get an rns tomorrow morning lows of up to -19 with a rig that’s not fully winterised will cause problems imo, Fridays are the best day to release bad news also so fingers crossed no rns in the morning